NEW YORK – The year 2015 was a hard one all around. Brazil fell into recession. China’s economy experienced its first serious bumps after almost…
Janet Yellen
Economic forecasting is a mug’s game. One thing that has been learned from the financial crisis and Great Recession is that even those equipped with…
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…
After an initial rise following the decision by the US Federal Reserve to lift interest rates by 0.25 percentage points on Wednesday, stock markets around…
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would…
Jack reviews the state of the US and global economy, focusing on US interest rate hikes by the Federal Reserve and its consequence for the…
Are we about to witness widespread panic in the global financial marketplace? This week is shaping up to be an absolutely critical week for global…
Jack reviews briefly the apparent flip-flop by Janet Yellen, chair of the US central bank, in her talk on September 24, as she shifted course…
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…
Everything seems to be going wrong in the global economy right now. Chinese growth is slowing, Hong Kong's Hang Seng is officially in a bear…
If you're trying to understand today's stock market and are having some degree of difficulty, you're not alone. The markets are confusing enough sometimes for…
As most people know, economists are good at rewriting history. We have seen this in the last few years as the collapse of the housing…