The Dow closed above 18,000 on Monday for the first time since July.  Isn’t that great news?  I truly wish that it was.  If the…

The year 2016 has hardly begun and the losses in different stock markets around the world care colossal: nearly 8 trillion US dollars during the…

A lot of people were expecting some really big things to happen in 2015, and most of them did not happen.  But what did happen? …

The following text is the forward to Ernst Wolff‘s book entitled : Pillaging the World. The History and Politics of the IMF, Tectum Verlag Marburg,…

Did you know that there are 5 “too big to fail” banks in the United States that eachhave exposure to derivatives contracts that is in excess…

The selloff in junk bonds has rattled the markets and is raising questions about just who it is that is providing liquidity to the junk…

This week shapes up as one which could go down in the history books! Markets last week were tumultuous from weak equities, illiquid credit markets,…

I thought junk bonds were ‘high risk – high return’ whereas I’d have thought Chicago was more ‘high risk – no return.   Not so much junk…

The new fixed-income haven is, of all things, the market for junk bonds. With government bonds in Germany to Japan yielding less than nothing, money…