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HomeFinance

Finance

BRICS
Finance

Russia’s Plans to Replace the Dollar Are Going Nowhere

November 19, 2024 Mariel Alumit

BRICS countries show little interest in Moscow’s proposal for an alternative financial system. Browsing through the official photos of the annual BRICS summit in the Russian city of Kazan last month yields intriguing surprises. In […]

Price
Finance

US Treasury Debt Held by Foreign Investors: Ravenous Appetite for Juicy Yields, Juicy Compared to their Stuff at Home

November 18, 2024

Will foreign investors buy the Recklessly Ballooning US Debt? Increasingly crucial question. But yield solves demand problems.

electricity
Finance

£2bn green electricity link approved to connect Scotland and England

November 18, 2024 Mariel Alumit

A £2 billion funding package has been approved for Eastern Green Link 1 (EGL1), a subsea and underground electricity cable connecting Scotland to northern England. The 196 kilometre high-voltage link will carry 2 gigawatts (GW) […]

Climate Crisis

The German economy’s rude awakening

November 17, 2024 Andy Del Prado

  Amidst political reshuffling at home and heightened economic headwinds coming from the other side of the Atlantic, key voices in Germany’s economy no longer sugarcoat the bleak melange of stagnation, dependency and structural decline […]

BRICS

EU won’t survive without Russia and BRICS – Russian senator

November 17, 2024 Andy Del Prado

The bloc has essentially trapped itself by its sanctions, Konstantin Kosachev believes The EU can’t survive without cooperating with Russia and the BRICS states, Russian Federation Council Deputy Speaker Konstantin Kosachev said in an interview […]

Price
Finance

Auto-Loan Balances, Burden, Subprime & Prime Delinquency Rates, and Subprime Dealer America’s Car-Mart in Q3 2024

November 16, 2024

Subprime is always in trouble, and now, after the reckless-subprime lending era, more so. Prime is in pristine shape. Car-Mart joins our Imploded Stocks.

ENB Pub Note

Trump considering Fox News host for top economic position – WSJ

November 16, 2024 Andy Del Prado

ENB Pub Note: -This is a good thing for investors. With the possibility of Chris Wright, CEO of Liberty Energy, and Larry Kudlow on as finance, this is a great thing for investors. The US […]

Price
Finance

The Most Splendid Housing Bubbles in Canada, Oct. 2024: Single-Family Prices Drop Most in Toronto, Vancouver, Calgary, Ottawa. Condo Prices Hit 3-Year Low

November 15, 2024

Toronto single-family prices -19% from peak, back to Oct. 2021. In Montreal, Quebec City, Edmonton, and Winnipeg, prices near all-time highs.

Price
Finance

Here Come the HELOCs: Mortgages, the Burden of Housing Debt, Serious Delinquencies, and Foreclosures in Q3 2024

November 14, 2024

HELOC balances surged, mortgages not so much, and incomes grew a lot faster than housing debt.

Finance

After More Up-Revisions, “Core” PPI & “Core Services” PPI Inflation Get Much Worse, Accelerating All Year

November 14, 2024

But goods prices are relatively tame. Energy prices plunge.

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