Matthew Kerkhoff's picture

The economy contracted 0.2% in the first quarter, based on the latest revision released last Wednesday. But as we know, a number of temporary factors including another harsh winter, the west coast port strike...

Chris Puplava's picture

When the outlook appears cloudy, a weight-of-the-evidence approach is usually best. In that light, the first place to examine is the credit markets, which often give an early warning of coming trouble. So, let's take a look...

Bill Fleckenstein's picture

Overnight markets were mixed, with China losing about 7%. The Shanghai Composite Index has now lost about 20% in the last nine sessions, though it is still 30% higher on the year (some of the other indices there are up even more).

Michael Shedlock's picture

Unlike other cards that sell gold at a premium then issue a debit card, BitGold is a gold-based settlement system in real time. It is also the first gold-based card of any kind available in the US.

John Mauldin's picture

The common meme in today’s world is that we are slowly (or perhaps even rapidly in some instances) destroying our global environment. Not just by way of global warming, but pollution, over-farming, water usage...

Sheraz Mian's picture

Positive U.S. economic data and the continued impasse on the Greek issue provide the backdrop for today’s session. Negotiations between Greece and its creditors have literally gone down to the wire, with substantive...

Marc Chandler's picture

The Federal Reserve offers custodial services for foreign central banks. Precisely which countries use these services is confidential as is who patronizes a commercial bank's services. There was a large draw down in...

Andrew Zatlin's picture

From Goldman to Bank of America Merrill Lynch, we keep hearing voices complaining about corporate share buybacks. They worry that there hasn’t been enough capital expenditures, or CAPEX.

George Friedman PhD's picture

Europe today is a continent of borders. The second-smallest continent in the world has more than 50 distinct, sovereign nation-states. Many of these are part of the European Union. At the core of the EU project is an effort to...

Sheraz Mian's picture

Encouraging data out of China and a mixed economic reading on the home front provide the backdrop for today’s trading action, with the major indexes appearing on track continue with the Greece-inspired momentum.