Tag: Money Watch

Michael Sndyer | Even though everything else seems to be going wrong, the stock market just continues to soar to new record highs. 

Zero Hedge | Earlier this week, we drew attention to a photo of what we (and much of the Internet) assumed were freshly fired Deutsche Bank employeesheading for the exits after cleaning out their desks.

Mac Slavo | Truckers’ are fearing the worst as many don’t see themselves being able to remain in business for the long term. Their confidence has plummeted to recession levels and their fears of a downturn are skyrocketing.

American Mirror | The massive migration of illegal immigrants into the United States is overwhelming border agents and relief agencies, but U.S. Census Bureau data show it’s black Americans who are paying the biggest price.

Zero Hedge | The price of prescription drugs has been surging this year, despite president Donald Trump campaigning on lowering drug prices prior to the 2016 election.

Daily Caller | House Democrats’ proposal to raise the federal minimum wage to $15 per hour would most likely leave 1.3 million Americans jobless by 2025, according to a study released Monday by the nonpartisan Congressional Budget Office (CBO).

Daily Caller | House Democrats’ proposal to raise the federal minimum wage to $15 per hour would most likely leave 1.3 million Americans jobless by 2025, according to a study released Monday by the nonpartisan Congressional Budget Office (CBO).

Mac Slavo | An influential survey of some of the world’s largest fund managers shows that the risk for a global financial downturn is the highest it has been in four years.

Zero Hedge | “The cyclical stress on global financial imbalances has reached levels last seen on the eve of the financial crisis.”

CNBC | Gold prices can continue to climb even after they hit a multi-year high last week, a global investment strategist said Monday.

CNBC | Deutsche Bank announced Sunday that it will pull out of global equities sales and trading, scale back investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability.

Zero Hedge | The bank which only a decade ago dominated equity and fixed income and sales trading and investment banking across the globe, and was Europe’s banking behemoth, is no more.

Philip Giraldi | Over the past two years, the White House has initiated trade disputes, insulted allies and enemies alike, and withdrawn from or refused to ratify multinational treaties and agreements.

CNBC | The U.K.’s competition watchdog has launched an investigation into Facebook and Google over their dominance in digital advertising.