This past week saw warnings emerge on two critical economic areas of the world. Throughout both Europe and Asia, total factory activity declined for June. Meanwhile the United States demonstrated only a little bit of economic...
Another unfortunate financial milestone has just been reached with regards to American consumer debt, and it has some economists increasingly worried. For the month of April, the most recent Federal Reserve Consumer Credit Report revealed that...
As the trade war rages on between the U.S. and China, it is important to know that China has recently worked out a way to avoid being reliant on U.S. dollars for its enormous oil imports. This...
This past week, Portugal has taken a huge leap and become the first country in the euro zone to issue bonds denominated in China's own currency the yuan. The "Panda" bonds (what economists call yuan denominated debt...
The latest statistics are out for central bank gold purchasing, and they show that Russia has yet again increased its substantial and expanding gold reserves for the month of April. Moscow grabbed up another 15.55...
A year ago you saw two unlikely coalition partners form a government in financially troubled Italy. This unusual alliance between the anti establishment party Five Star Movement (M5S) and the right wing Lega had people talking from the...
This last week and over the weekend, it became clear that U.S. President Trump was not engaging in the "art of the bluff" when he increased duties on a wide assortment of Chinese goods worth $200 billion...
Since the year began you have watched oil prices really soar. This has been supported by a number of factors, including OPEC cutting supplies, additional fighting in Libya, and American sanctions against both OPEC nations Iran...
This past week the news emerged that vehicle sales throughout China declined by a painful three percent for 2018 in the Middle Kingdom. This represented the very first such drop in Chinese auto sales in approximately two decades. Worse still, analysts claim this is only...
This past week witnessed the 20 year anniversary of the greatest currency sharing experiment in history--- the Euro. The only way to appropriately describe this monetary foray so far is with a Dickens' classic line, "It was the best of times, it was the worst...
December marked the largest single month funds transfer into bonds according to a closely watched report from Bank of America Merrill Lynch. It was yet another signal of smart money investors fleeing the stock market in an...
This past week saw the geopolitical situation in France descend into dark days not seen in decades. The French Interior Ministry announced that the four week long nationwide demonstrations had grown into 125,000 people this past Saturday. Fully...
This past week saw a new international geopolitical crisis break out involving Vladimir Putin's Russia. The Russians seized three Ukrainian naval vessels and took them to Kerch. Kiev has responded by declaring martial law and warning of an imminent invasion by their Russian neighbors. The...
This past week saw world leaders preparing for the Buenos Aires G-20 summit as the trade war raged on between the United States and China. President Donald Trump had a meeting scheduled with the Chinese President Xi...
This past week the International Monetary Fund released an alarming report and statement on slowing global growth. The IMF said that this is real, and it will have a potentially significant impact on the world and...
Last week you saw the revived U.S. sanctions against Iran finally take full effect. This has caused dramatic swings in past months across oil and energy markets. Something that has been overlooked though is the geopolitical consequences...
The month of October that just ended last week was the worst one for global stock markets in over six years. Around the world, global equities' markets plunged 7.5 percent. This dismal performance represented the worst...
This past week the game of brinkmanship between the European Union and Italy escalated to a whole new level. The EU retaliated by rejecting the Italian national budget in an unprecedented...
This past week you saw further revelations emerge about the true picture and nature of the quietly exploding debt mountain in China's local governments. Analysts are aware of an up to 60 percent debt to GDP official total...
Stocks have been on a wild and volatile roller coaster ride since Wednesday a week ago. If you have paid attention to financial news, you can not help but notice that the fears of dramatically increasing interest rates on Wall Street have finally shaken the...
