Why is Fannie Mae offering Goldman Sachs et al. such fat margins on defaulted mortgages? By Wildfry, currently in Hong Kong. Much of the attention on Fannie Mae has been focused on the potential merger with Freddie Mac; the repayments …
by Anthony B Sanders At least the US Federal Reserve has been raising its target rate, albeit slowly, to 1.5%, The European Central Bank (ECB) has left its main refinancing rate at 0% since early 2016. And Bank of Japan’s …
Scumbag. Abusing whatever power he had to his favor. Glad he was called out on his BS. DV
by Brandon Smith While the mainstream media and general public tend to assume that every new day is bringing us closer to a better future, many alternative analysts focus on the underlying weirdness of our world and all of the crisis …
via Pedro Nicolaci da Costa There’s a new battle line in financial markets that’s dividing economic bulls from bears: the Treasury yield curve. In particular, the gap between short- and long-term bond yields, which tends get wider as economic prospects improve …
from Financial Survival Network John Rubino returns for another visit as gold has broken the $1300 resistance point. How much higher will it go? We’ve been at this point several time, however, this could be the one that propels gold much higher. …
by The-Truth-Fairy Why did the face in the Oval Office change but the policies remain the same? Critics tend to focus on Obama himself, a leader who perhaps has shifted with politics to take a harder line. But Tufts University political …
The stock market’s record-breaking run keeps going, but for how long? John Templeton, the late investing guru, once said bull markets in stocks “mature on optimism” before they eventually “die on euphoria.” Chalk up 2017 as another year of maturity …
by John Rubino Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, …
by David Haggith One of the kookiest moments last month came when Fed Chairwoman Yellen spoke about seeing no financial collapse in sight during our lifetimes “Would I say there will never ever be another financial crisis? No. Probably that …
by David Haggith These updates to my list of “Seven Troubles Assailing the US Economy” are far too important to remain buried at the end of that article since many readers may not return to the article to check for updates. The summer …