thenews / Profile

Despite the ongoing mainstream media meme that Russia is becoming ' isolated ' from the rest of the world thanks to Western sanctions, it appears they have found a few new 'old' friends to become un-isolated with. On the heels of Russia's

Approaching a historic turn in U.S. monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she'd rather fight inflation than another economic downturn. Interviews with current and former Fed

Most people are just terrible at investing. We hear about this frequently. One big problem is that investors often find themselves buying at highs and selling at lows, especially when volatility picks up and patience is tested. "Amidst difficult

It is no secret that in scrambling to find an alternative to Russia's energy-export dominance, Europe is actively seeking to recreate the US shale miracle (at least superficially, recall that a month ago Germany shelved shale-gas drilling plans until

The euro may weaken to a one-year low of $1.30 as German bond yields dropped to records after the economy shrank at twice the pace analysts forecast, according to IG Markets Securities Ltd. The CHART OF THE DAY shows the 120-day correlation of the

It seems legendary hedge fund billionaire George Soros might be souring in his view on the market outlook for U.S. stocks, based on his most recent 13-F filing in the U.S., which showed a 605% increase in his short S&P 500 position (through put

The consensus among economists is that the UK will commence tightening its monetary policy in Q1 2015. Wells Fargo believes there's reason to think it could come a bit later. "The Bank of England has pledged to keep its Bank Rate at 0.50 percent

It was only a matter of time before Ferguson became the Americanized version of Gaza. After last night's looting in which the local police was inexplicably instructed to stand down by the state highway patrol, moments ago Missouri's governor ,Jay

When it comes to the stock market, while the biggest, and according to many only, beneficiary of the Fed's ZIRP/QE policies of the past 6 years has been the wealthiest 1%, the reality is that said top crust of US society no longer needs the S&P to

Big investors fell out of love with General Motors in the second quarter but hedge-fund titans including Dan Loeb rushed to snap up shares of Ally Financial, the troubled auto maker’s former financing arm that was rescued by the U.S. government

Russian President Vladimir Putin has ordered his government to prepare retaliatory measures against the latest round of Western sanctions, Russian news agencies reported on Tuesday. "Of course, it should be done carefully in order to support domestic

When you think about “strong banking”, what country comes first to mind? A few years ago, the most obvious answer would be Switzerland. Today, however, Switzerland’s reputation for banking is nowhere near where it once was. Starting in 2009, the US

News related to USDCAD

Tell a lie often enough and people start to believe it. For several years, media headlines have been filled with references to a “deleveraging,” or a reduction in the level of U.S. debt. The narrative goes as follows: The U.S. was driven into

The last 3 months have seen Russia's "de-dollarization" plans accelerate. First Gazprom clients shift to Euros and Renminbi, then the UK signs currency swap agreements with China, then NATO ally Turkey cuts ties and mulls de-dollarization

As a follow-on to the two previous chapters -- one explaining the nature of fiat money, the other showing how money is loaned into existence through our fractional reserve banking system -- this week's video details the Fed's near-magical ability to

As a small addendum to our previous post on the market situation, here is a chart recently posted by the “Short Side of Long”. It shows the cash allocation reported by AAII, which surveys retail investors. Not surprisingly, retail investors tend to

That didn't take long. A few short days after Ukraine's always entertaining puppet government, whose very existence is to benefit its western overlords and certainly Victoria Nuland's superiors, briefly forgot it has absolutely zero leverage should

We warned 4 months ago that the UK especially should be fearful of sanctioning Russia and biting the hand that feeds its real estate recovery. However, it appears Cameron's ire has got the better of him, as The Telegraph reports, allies of Vladimir

Ten dark suited men entered the premises of FBME bank in Cyprus on Friday afternoon and took it hostage. It must have looked like a scene from the Matrix. And given the surrealism of how this conflict is escalating, maybe it was. The men were from