Spreading the truth. Empowering the people.
Deutsche Bank to set up €50bn ‘bad bank’ as part of overhaul – FT 10+ years after the biggest financial bailout in history, bailout #2 begins — zerohedge (@zerohedge) June … Read more
BREAKING: State Dept Spokesperson Morgan Ortagus announced the Trump Administration is ending foreign aid for Guatemala, Honduras, and El Salvador until they reduce illegal aliens crossing the US border. Hundreds … Read more
BY JOHN RUBINO Just a couple of weeks ago the financial world’s biggest worry was the plunging price of oil. Supply was up, stockpiles were building and speculation was pointing towards … Read more
Many Americans say their financial situation is worse since the Great Recession The Great Recession has been over for a decade. Yet many people’s finances haven’t recovered from the recession’s … Read more
by whitebeardred I’ve been seeing a lot of millionaire stories lately where a good part of the advice is waking up early, reading all the time, networking like crazy and … Read more
From Dave Kranzler: The price of gold ran higher eight days in a row before today’s interventionist price smack. Technically, whatever that means, the gold price was likely due for a … Read more
In your opinion, do you think that CLO’s and corporate debt present a potential issue in the future? There are an unlimited amount of risks in the financial system … Read more
Silver Doctors, Released on 6/7/19 Dave Kranzler spent many years working in various Wall Street jobs. After business school, he primarily traded junk bonds for a large bank. Dave graduated … Read more
via Zerohedge: Amid the celebrations that the impromptu US trade war with Mexico may be canceled, or at least postponed, one may be excused to forget that relations between Washington … Read more
via Zerohedge: Democratic Illinois governor J.B. Pritzker thinks that the solution to fixing Chicago’s struggling, blood-soaked streets is legalizing marijuana state-wide and opening a giant casino in Chi-Town, according to Bloomberg. “We’re putting our fiscal house … Read more
by Richard Rosso Investors tend to narrowly define wealth management as portfolios and products. Unfortunately, many financial professionals permit this shortsightedness as it aligns with their aspirations to sell investment … Read more
Quest Diagnostics, one of the biggest blood testing providers in the country, warned Monday that nearly 12 million of its customers may have had personal, financial and medical information breached … Read more
by Jesse Here is the state of the gold and silver holdings in trusts and funds. In other matters, there were two articles about risks in the credit markets that … Read more
Another economic crisis could prompt an even more aggressive response than the last one, an AB Bernstein economist argues in a paper. The response could be any mix of three … Read more
The economy is an interesting thing. You generally hear the same statistics over and over again. The fake unemployment rate, the wonderful consumer confidence, and everyone’s favorite, the GDP. Now … Read more
