Housing markets are prone to the bandwagon effect, they continue rising when the fundamentals vanish, a year, maybe two years before. Stock market and commodity…

After the Fed admitted over a year ago that the US unemployment rate (which in 2012 was supposed to be a rate hike "threshold" once…

Correspondent Bart D. recently speculated that the U.S. stock market was now “too big to fail,” that is, that it was too integral to the…

Capitalism is often touted as the most dynamic marketplace performer capable of lifting more boats faster than any other -- but why then do we…

With all eyes glued to Friday's payrolls report, we thought it worth reiterating some 'facts' about US employment data. As ECRI notes, the sustained decline…

The financial markets have been through some wild and crazy times over the last two weeks, although it appears that they have finally stabilized. The…

The Chinese are in the process of displacing the monopoly of the US dollar. They are dropping their US Treasury bonds, stockpiling gold reserves, and…

The  tremors rattling markets are not exactly what they seem to be. A meme prevails that these movements represent a kind of financial peristalsis —…

Last weekend, we explained why it really all comes down to the death of the petrodollar. China’s transition to a new currency regime was supposed to represent…

On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast…

Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the…

“No flow, no go.” That may be the simplest way to describe the critical role of central banks to the flow of credit and money…