China Panics: Cuts Multiple Rates and Reserve Ratio Requirements, Goes All-in to Prop up Stocks
This morning, when we reported that a sudden - and extremely overdue - urgency appeared to grip Beijing's top power...
US and Japan Nearing ‘Breakthrough’ Deal to Restrict Chip Tech Exports to China
A new report from the Financial Times details how US and Japanese officials are nearing a deal to curb tech...
Saudi Central Bank Caught Secretly Buying 160 Tonnes of Gold in Switzerland
The Saudis have joined other Asian countries in ditching their long-term sensitivity to the gold price. Evidence suggests the Saudi...
The SEC’s Risky Plan to Decarbonize the U.S. Financial Markets
Reports of the impending death of the Environmental, Social, and Governance (ESG) movement have been greatly exaggerated. While several sustainability-minded...
Endgame: Interest on US Debt Surpasses $1 Trillion for First Time Ever, Exploding August Budget Deficit to Record High
(Zero Hedge)—2024 was the year when the runaway US budget deficit was supposed to gradually normalize, and after two crisis-years, the...
Another Season of Shutdown Theater Is Upon Us, and Republicans Are Already Cucking Out
Another season of shutdown malarkey is upon us - this time with a deadline of October 1st before it's time...
Does Anyone Else Smell a Market Crash in the Air?
Markets don't crash when everyone's in full-blown panic? they crash when the headlines and data are reassuring, analysts are confident...
Goldman Finds “Thrift Trends Outperform” Amid Consumer Slowdown
Goldman cited new data in a note to clients on Monday from Placer.ai, a startup that tracks and analyzes foot...
Do Americans Prefer Equalizing Outcome or Opportunity in 2024?
The American Dream was built on a promise of equality – a promise of equality in terms of life, liberty,...
Macy’s Set to Close 55 Stores by the End of 2024
Macy’s has announced that it is closing a total of 55 stores by the end of 2024, in the faltering...