Economics

Global Stocks Slide As Iron Ore Crashes; Pound Jumps After UK Calls Snap Elections

Tuesday, April 18, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Apr 18, 2017 European stocks slide as traders returned from a 4-day Easter holidays, Asian equities likewise drop pressured by the ongoing rout in iron ore, while U.S. stock-index futures point to a lower open. British markets were roiled after U.K. Prime Minister Theresa May said she would seek an... »

Stockman: The Trump Reflation Fantasy Ends On Day 100…”let me introduce MOAD.”

Tuesday, April 18, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Apr 17, 2017 In honor of the Donald’s “Mother of All Bomb” (MOAB) attack on the Hindu Kush mountains Thursday, let me introduce MOAD. I’m referring to the “Mother of All Debt” crises, of course. The opening round is coming when Washington goes into shutdown mode on April 28, which... »

Ron Paul Rages “The Federal Reserve Is, and Always Has Been, Politicized”

Tuesday, April 18, 2017
By Paul Martin

by Ron Paul via The Ron Paul Institute for Peace and Prosperity, ZeroHedge.com Apr 17, 2017 Audit the Fed recently took a step closer to becoming law, when it was favorably reported by the House Committee on Oversight and Government Reform. This means the House could vote on the bill at any time. The... »

Houston Commercial Rents Plunge As Vacancies Hit 22-Year High

Tuesday, April 18, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Apr 17, 2017 There is seemingly no end to the growing problem of commercial real estate vacancies across the country. And while we’ve spent a lot of time talking about the largest markets of New York and San Francisco, Houston, one of the hardest hit markets from the collapse of... »

The Banking Industry Treats Its Customers Worse Than United Airlines

Tuesday, April 18, 2017
By Paul Martin

by Simon Black via SovereignMan.com, ZeroHedge.com Apr 17, 2017 Last week the Internet was ablaze with disgust after a man was physically dragged off a United Airlines flight. What’s amazing, though, is that there are countless cases of another industry abusing its customers in far, far worse ways than the airlines. I’m talking, of... »

US Restaurant Industry Suffers Worst Collapse Since 2009

Tuesday, April 18, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Apr 17, 2017 What tentative hope had emerged for a rebound for the U.S. restaurant industry at the start of the year, was doused last month when in its February Restaurant Industry Snapshot, TDn2K found that “Restaurant Sales and Traffic Tumble in February” and reported that same-store sales fell -3.7%... »

Dollar DROPS as investors flock to buy gold in ‘flight to safety’ over North Korea

Monday, April 17, 2017
By Paul Martin

GEOPOLITICAL tensions over North Korea pressured the dollar against the yen and lifted gold prices on Monday, while U.S. stocks edged higher after three straight days of losses. Express.co.uk Mon, Apr 17, 2017 North Korea made a failed missile test launch on Sunday, adding to regional tensions that have escalated over the past weeks... »

Global Financial Market Stress Soars To 2017 Highs

Monday, April 17, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Apr 17, 2017 April looks set to be the worst month since August 2015 (when China devalued and turmoil spread across the world) for global financial stress. As Bloomberg reports, rising geopolitical concerns are pushing a gauge of anxiety for global asset classes to this year’s high. Bank of America... »

Don’t donate! Family of man killed in Facebook horror say multiple fake GoFundMe pages have been set up in his name

Monday, April 17, 2017
By Paul Martin

The family of Robert Godwin say several fake crowd-funding pages have been set up in his name They plan to release a statement later Monday for people interested in contributing to a real campaign Godwin, 74, was shot dead in Cleveland, Ohio on Sunday by Steve Stephens Stephens later uploaded video of the shooting... »

Euro on brink with volatility sweeping through markets as French election on KNIFE EDGE

Monday, April 17, 2017
By Paul Martin

THE EURO is expected to fluctuate dramatically this week as investors renew their attention on the increasingly dramatic French elections. By SIOBHAN MCFADYEN Express.co.uk Mon, Apr 17, 2017 And it is almost certainly set to be a battle of the far-right and far-left as the polarisation of the vote continues. Polls appear to indicate... »

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