Aug 30, 2015 | Uncategorized
Investors around the globe are trying to decide if the selloff in China’s stock market reflects a severe downturn in the Chinese economy, the world’s second largest, with possibly dire consequences for the U.S. stock market and the U.S. economy. The week began Monday...
Aug 28, 2015 | Uncategorized
China has likely sold somewhere on the order of $100 billion in US Treasurys in the past two weeks alone in open FX ops to steady the yuan. Put simply, as part of China’s devaluation and subsequent attempts to contain said devaluation, China has been purging an...
Aug 22, 2015 | Uncategorized
North Korea says it’s ready for an “all-out war” against South Korea as a 5:30 p.m. (0830 GMT) Saturday deadline approached set by Pyongyang for Seoul to dismantle loudspeakers broadcasting anti-North Korean propaganda along their border. The warning by North Korea’s...
Aug 21, 2015 | Uncategorized
Across the vast expanse of the internet, everyone from professional economists to armchair theorists are sounding the alarm that next month may hold some ugly surprises for the global economy. Despite exorbitant executive salaries, record earnings on Wall Street and a...
Aug 19, 2015 | Uncategorized
The Tennessee Administrative Office of the Courts reversed a controversial decision to replace the terms “mother” and “father” with “parent 1” and “parent 2.” “After receiving feedback regarding a recent change...
