China’s latest trade data is a very worrying sign for global growth
China’s Imports Plunge 19%, Exports 11%; Signal Global Recession.
Tag: Economic Crisis
Rep. Gutierrez on $30 Minimum Wage: ‘I Am For That Goal’
“We’re working to champion the cause of people…”
Mapped: Negative Central Bank Interest Rates Now Herald New Danger for the World
Negative rates are becoming the “new abnormal” in a shaky world economy. With fresh panic hitting markets, are we finally hitting the limits of what monetary policy can achieve?
What Markets Are Telling Us
You cannot print your way to prosperity.
Why Are Investors Returning To The Gold Market?
The gold price “has just hit an all-time high at around 44 times the price of oil.”
China’s Central Bank Chief Says No Basis For Further Yuan Devaluation
“Zhou’s remarks are timely, filling a void in the market’s understanding of China’s strategy…”
Obama: We’re Not ‘Wildly Overspending,’ A Lot of Stuff People Put On Internet and News Is ‘Factually Inaccurate’
“There are a bunch of folks who say that we’re wildly overspending, even though we aren’t.”
Bank of America Increases CEO Moynihan’s Pay 23% to $16 Million
CEO cut expenses 24% last year as he resolved legal issues.
Minimum wage protesters storm debate center
Group held up signs that said “Fight for $15,” “Immigrant Justice,” and “Black Lives Matter.”
Boombust: Tech stock pain cools S.F. real estate
S.F. housing bubble predated 2000 economic crash.
Market mayhem: Central banks may be fueling the fire
Some in Congress believe the Fed has no tools left.
Austrians Need Constitutional Right to Pay in Cash, Mahrer Says
“We will fight everywhere against rules” including caps on cash purchases, deputy economy minister said.
Global Stocks Continue To Crash As Oil Plummets And Gold Skyrockets
In the U.S., the Dow lost 254 more points on Thursday, and it has now fallen for five days in a row.
US Oil Price Tumbles To Near 13-Year Low On Growing Oversupply Concerns And Market Losses
“Global equities have been a negative price directional driver for the oil complex.”