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Britain's newspapers warned Saturday the country had edged closer to leaving the EU after Prime Minister David Cameron's "crushing" failure to block Jean-Claude Juncker becoming president of the European Commission. But they were divided on whether

The greatest problem we have is misinformation. People simply do not comprehend why and how the economic policies of the post-war era are imploding. This whole agenda of socialism has sold a Utopian idea that the State is there for the people yet it

A close friend of mine and a business partner has a one-liner that popped out once upon a time in a meeting. These days we all love to remind him of it and laugh about the whole thing. The quote is “ Seriously guys, there is no risk ” as we discussed

For a week or two, the 'news' appeared to confirm the 'hope' ; faith that Q1's dysphoria would emerge phoenix-like into Q2 euphoria as a 'hibernating' American public emerging from their weather-shelter and spent-spent-spent all their

Thomson Reuters Corp. (TRI) said it is revising the trading rules for its foreign-exchange platform after consulting with market participants. The company is updating its Rule Book following discussions over the past 12 months and will outline new

The Institute for Supply Management reports on U.S. manufacturing production, orders and other activity in June. The ISM, a trade group of purchasing managers, will release its manufacturing index Tuesday at 10 a.m. Eastern time. STEADY GAINS

UK Construction PMI (Jun): 62.6 actual vs 59.8 estimated; 60.0 prior

Well, the “high” surrounding pot-related stocks is clearly a thing of the past. This just goes to show how these story stocks can get creamed -- and, let’s face it, do you really want to entrust your investment dollars to potheads? In any case, the

This weekend has seen the European Union do a stitch-up deal so that arch-federalist Jean-Claude Juncker became Commission president. To be honest, who gets to play eurocrat in chief is of no great interest to me, but the manner of the appointment

While numerous massively indebted administrations around the world hope to divert the attention of what's left of their struggling middle class away from its daily impoverished existence and distract it with flashing lights and glitzy animations

Update: just as expected, the confidence-preservation brigade is quick on the scene: HUNGARY LOAN-REFUND LAW VIOLATES RULE OF LAW: BANK ASSOCIATION HUNGARY LOAN-REFUND LAW DAMAGES INVESTOR CONFIDENCE, BANKS SAY Because clearly marking loans to fair

It’s summertime, and the tradin’ is easy. After the Federal Reserve suggested on Wednesday that rates would remain close to the zero bound for a “considerable time“, investors are in a state of bliss. Implied volatilities are sitting at exceptionally

Have you noticed that prices are going up rapidly? If so, you are certainly not alone. But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and

The Status Quo is not sustainable. Here are some resources on the many reasons why. Coming to the understanding that the Status Quo is not sustainable is often a crooked path of overcoming programming, propaganda, denial and fear. My colleagues at

"After several weeks, Gold is setting up for a sell, US Treasuries are set to resume their bear trend, and the USD is set to resume its bull trend. Get ready..." is the ominous warning BofAML's Macneil Curry sets forth in his technical treatise this

"There's something going on in derivatives land," is the warning from ADM's Andy Ash and as Paul Mylchreest notes the relationship between VIX and SKEW suggests the options market is pricing in the possibility of a major market event. The process

• German confidence a key matrix amid lowflation threat • US retail demand seen improving • US house prices expected to creep lower An update on sentiment in Europe’s biggest economy will set the tone for trading on Tuesday with the June release of

Home prices climbed at a slower-than-expected pace in April, according to latest Case-Shiller report. However, the report continues to show far higher price gains than other reports. Ian Shepherdson at Pantheon Macroeconomics has repeatedly argued

Remember when in January 2014, Q1 GDP was expected to rise 2.6%? Well, here comes the final Q1 GDP revision and it's a doozy: at -2.9%, far below the -1.8% expected and well below the -1.0% second revision, it is an absolute disaster, and is the

"Today's SCOTUS decision is encouraging for all who believe in the checks and balances enshrined in our nation's constitution," is Darrell Issa's message following the Supreme Court's unanimous (9-0) decision cutting back the power of the White House