Throughout the current economic cycle I have continually referred to the characterization of “the tale of two economies”. Specifically, I have been struck by the dichotomy between the fate and fortunes of large US companies relative to their much smaller business brethren.
Last week, towards the end of a very lively and comprehensive roundtable discussion on gold, Financial Sense Newshour host Jim Puplava asked his guests whether they thought the gold market was being manipulated. Of the three responses, CPM Group’s Jeff Christian was the most interesting
The FDIC has sued 16 of the largest banks in the world plus the British Bankers Association (BBA) alleging that they engaged in fraud and collusion to manipulate the London Inter-bank Offered Rate (LIBOR). BBA called LIBOR “The most important number in the world.”
Given the widespread deterioration I am seeing we may be setting up for a larger correction, with the mid-term election cycle predicting an intermediate peak in the market between now and the end of April.
Why Gold Fell Despite the Continuation of QE From the Federal Reserve
The stock market is down after reaching all-time highs again in March. That means it’s time to talk about black swans, dragon-kings, and other such ilk; never mind the winter is beginning to thaw and economic indicators are improving for the U.S.
Long-time deflationist David Rosenberg, Chief Economist & Strategist at Gluskin Sheff, joins the Financial Sense Newshour for an exhaustive interview to explain why he’s more worried about inflation now than in decades past and what he’s forecasting for the market, housing, and the economy this year.
We’ve been dealing with an abnormally cold winter for most of 2014 with the weather being blamed for the recent poor economic data we’ve had over the last two months. However, there are plenty of naysayers who dismiss the effects of old man winter and claim the economy is beginning to cool on its own account. So, who's right?
Vincent “Vinnie” Viola, the founder of Virtu Financial Inc, is High Frequency Trading's (HFT) first billionaire. He has an impressive track record of just “one losing trading day” during a 1,238 trading-day period.