Markets

Jul 28, 2015 at 06:43

John Rubino and Gordon T Long discuss the current puzzling developments in Greece and the seemingly impossible choices facing the Greek people and their government.

Jul 28, 2015 at 05:47

At long last, the stench from Chicago is so strong that Fitch can finally smell it. Fitch just now downgraded Chicago Board of Education General Obligation bonds to junk status.

Jul 28, 2015 at 05:45

The troika wants you to accept another bailout deal, to service Greek debts a while longer. Since bailouts mean borrowing more, you cannot avoid default in the end. Going deeper…

Jul 28, 2015 at 05:18

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector.

Jul 28, 2015 at 05:10

EUR/USD has decreased and is now holding below 1.1100. Hourly resistance lies at 1.1278 (29/06/2015 high). Stronger resistance lies at 1.1436 (18/06/2015 high). Support can be found at 1.0660 (21/04/2015…

Jul 28, 2015 at 05:06

Wave ((w)) decline from 97.16 is unfolding in a double three structure (w)-(x)-(y) where wave (w) ended at 95.35, wave (x) ended at 96.04, and wave (y) is in progress…

Jul 27, 2015 at 15:04

Nearly 1,800 stocks, over 60% of issues traded on the Shanghai and Shenzhen stock exchanges fell by the daily limit of 10% and were halted according to a Financial Times…

Jul 27, 2015 at 14:44

The whole "market economy" thing is turning out to be a little trickier than China's dictators expected. To set up the story: After the 2008 crash the country borrowed about…

Jul 27, 2015 at 14:34

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the 5th week in a row, are watching deflationists such as Harry Dent and…

Jul 27, 2015 at 11:43

The recent commodities sell-off has been breathtaking. This is especially true since the most-recent downturn occurred from a level where the expected future returns from commodity index investment were reasonably…