|Posted by George Freund on July 5, 2018 at 12:45 AM|
We haven’t seen anything like this since the financial crisis of 2008. Investors are taking money out of global stock funds at a pace that we haven’t seen in 10 years, and many believe that this is a harbinger of tough times ahead. Global stocks lost about 10 trillion dollars in value during the first half of 2018, and an even worse performance during the second half of th...Read Full Post »
|Posted by Conspiracy Cafe on June 3, 2018 at 1:15 PM|
by Paul B. Gallagher
This article is reprinted from the Winter 1995 issue of FIDELIO Magazine.
Six hundred and fifty years ago came the climax of the worst financial collapse in history to date. The 1930’s Gre...Read Full Post »
|Posted by Conspiracy Cafe on June 1, 2018 at 12:10 PM|
by Wolf Richter May 31, 2018
The old question: When will she buckle?
Shares of Deutsche Bank fell 7.2% today in Frankfurt to €9.16, the lowest since they started trading on the Xetra exchange in 1992. They’re now lower than they’d been during its last crisis in 2016. And they’re down 71% from April 2015.
This came ...Read Full Post »
|Posted by Conspiracy Cafe on June 1, 2018 at 11:55 AM|
by Wolf Richter May 29, 2018
Markets wail and gnash their teeth as “normalization” of Italian yields sets in.
On Tuesday, Italian bonds had their worst day in Eurozone existence, even worse than any day during the worst periods of the 2011 debt crisis. And this comes after they’d already gotten crushed on Monday, and...Read Full Post »
|Posted by Conspiracy Cafe on May 29, 2018 at 7:05 PM|
There have not been so many trouble signs for the global economy in a very long time. Analysts are sounding the alarm about junk bond defaults, the smart money is getting out of stocks at an astounding rate, mortgage rates are absolutely skyrocketing, and Europe is already facing a full blown financial meltdown. Of course expectations that another global economic crisis...Read Full Post »
|Posted by Conspiracy Cafe on May 19, 2018 at 12:05 PM|
Members of leftist organizations demonstrate against the rise of public services fares and the government's negotiations with the International Monetary Fund (IMF), in Buenos Aires, on May 16, 2018.
Tightening U.S. monetary policy threatens a broad range of emerging markets, economists warn
Ambrose Evans-Pritchard, Commentary
May 17, ...Read Full Post »
|Posted by George Freund on May 10, 2018 at 12:00 AM|
Interest rates have been raised to 40 percent, with the peso falling sharply against the US dollar
ARGENTINA has turned to the International Monetary Fund (IMF) for a multi-billion pound rescue package, prompting fears throughout South America that the country’s economy is once again in crisis.
The talks come 17 y...Read Full Post »
|Posted by Conspiracy Cafe on March 27, 2018 at 8:05 AM|
By Peter Koenig
Global Research, March 13, 2018
President Trump’s bold ‘protectionist’ move of introducing import duties of 25% and 10% for steel and aluminum, respectively – and possibly more to come – may be more than just ‘populism’ and fulfilling a campaign promise. And why is the term ‘populism...Read Full Post »
|Posted by Conspiracy Cafe on March 24, 2018 at 11:55 AM|
By Michael Snyder, on March 23rd, 2018
I don’t know if I even have the words to express how dis...Read Full Post »
|Posted by Conspiracy Cafe on February 8, 2018 at 9:20 PM|
by Wolf Richter Feb 7, 2018
And who was buying? Answers emerge.
The S&P 500 index hit an all-time high on January 26, which was a Friday. The following week, it started to fall, including a messy 2.1% selloff on Friday that brought the weekly loss to 3.8%, the worst such decline since the selloff that ended on February 7, 2016. So ...Read Full Post »