Sy Harding's picture

With its FOMC statement, the Fed provided the market with what it wanted to hear. They removed the ‘patience’ phrase as expected, but replaced it with a similar assurance that there is no set timetable for rate hikes...

Daniel Amerman CFA's picture

Riding a tiger is one thing. But getting off the tiger, without that tiger then whirling around and consuming you – now that is another thing altogether. A short non-econospeak translation of the results of...

Alasdair Macleod's picture

China and Russia have taken the lead in establishing the Asian Infrastructure Investment Bank (AIIB), seen as a rival organization to the World Bank and the Asian Development Bank, which are dominated by the United States...

FS Staff's picture

"It's been a very frustrating environment. I'm even looking at the intra-day moves today and we've gone plunging down and surging back up and now it's going to a new low...if you look at the overall pattern of the S&P or the Dow, the barely 4% pullback we've had so far..."

Doug Short's picture

The Latest Conference Board Leading Economic Index (LEI) for February is now available. The index rose 0.2 percent, which follows a 0.2 percent January increase and a 0.4% December increase. The latest number...

Michael Shedlock's picture

A few days ago I asked How Long Before Cash is Banned? My question was in reference to reader CNA (Cards Not Appreciated) who made a comment. My belief is that cash is going the way of the dinosaur.

Global Risk Insights's picture

Between crippling sanctions and plunging oil prices, Iran’s economy has been under severe pressure in recent years. While the potential for a nuclear deal has caused optimism, entrenched interests of the Revolutionary Guard will...

Stratfor's picture

Russian military exercises, the latest in a series across the country, have taken on a threatening posture. While the most recent installment is not the largest exercise Russia has conducted, the areas involved and...

Andrew Zatlin's picture

Demand-pull inflation – too much money spent chasing too few goods – should be present by now. An increase in payrolls means more wages. More wages means more retail spending. All three are currently accelerating.

Clif Droke's picture

Until the latest pullback on Wednesday, the U.S. dollar index had been on a rip-and-tear for most of this year. Earlier this week the dollar hit a new multi-year high as concerns over Europe and China have fueled foreign interest in U.S. assets.