Investors Starting To Realize “Stagflation” Is A Problem.

By Lance Roberts Investors are slowly waking up to the realization that “stagflation” is a problem. For years, the term “stagflation” has been thrown around and dismissed like a sighting of “Bigfoot.” However, rising inflationary pressures are now colliding with slowing economic growth. This collision presents …

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THE $200 BILLION MAN…

Elon Musk wealth has swelled to an astonishing $230 billion (£167 billion) as he stretched his lead over Amazon’s Jeff Bezos as the richest person in the world. Musk obscene personal fortune increased following a share sale at SpaceX as well …

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“Evergrande, the world’s most indebted property developer, is set to formally enter default on Oct. 23, when the grace period ends for its first missed bond payment.”

A growing number of Chinese property developers are saying they can’t pay their debts, raising concerns of financial contagion as troubled property developer Evergrande Group missed another interest payment to bondholders on Tuesday. Several Chinese real estate developers have warned of defaults …

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Poland on her way out of EU

‘Polexit’: Will Poland’s ‘nuclear strike’ on EU’s legal order lead to the country quitting the bloc? In a decision that sent shockwaves through Europe, Poland’s constitutional court on Thursday ruled the country’s laws had supremacy of those of the European …

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Chaos expected in DC on Monday

The DC Metro announced late Sunday night that commuting on Monday will be a literal nightmare as 60% of their railcars will be pulled out of service as part of an ongoing investigation into a recent derailment: ALERT: As part …

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PBOC is disappointing markets here…

PBOC is disappointing markets here https://t.co/IZWZY8G6Az — Nicholas Glinsman (@nglinsman) October 15, 2021 #Evergrande RMB642b injected by #China PBoC to provide liquidity and latest data show cumulative RMB702billion has since been taken out. No big easing! pic.twitter.com/8yZYdqgKh2 — CrossBorder Capital/ …

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WHO Declares Ebola Outbreak

The #DRC Ministry of Health just announced that a new case of Ebola has been detected in North Kivu Province, where a previous outbreak was declared over 3 May 2021. @WHO is working with health authorities to investigate the case. …

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