Authored by Simon White, Bloomberg macro strategist, Pharmaceutical company Mallinckrodt plans to file for Chapter 11 bankruptcy today. It’s a reminder, though, that bankruptcy filings in the US remain high. Subdued credit spreads fail to […]
Apollo Global Management is being sued by shareholders over an ‘improper’ distribution to executives of roughly $570 million to cover tax obligations. Recall that Apollo founder Leon Black was forced out over revelations that […]
By Michael Every of Rabobank History, some say, is “Just one damned thing after another.” So is most financial markets coverage, just with post hoc ergo propter hoc. Yet serious historians look for patterns; Marxists […]
Authored by Alasdair Macleod via GoldMoney.com, Globally, further falls in consumer price inflation are now unlikely and there are yet further interest rate increases to come. Bond yields are already on the rise, and a […]
Authored by John & Nisha Whitehead via The Rutherford Institute, “Make no mistake about it…your DNA can be taken and entered into a national DNA database if you are ever arrested, rightly or wrongly, and […]
Authored by Alex Newman via The Epoch Times (emphasis ours), With inflation plaguing the economy as the U.S. dollar is increasingly being sidelined in international trade, potentially even at risk of losing its status as […]
By John Kemp, senior market analyst Typhoon Doksuri brought some of the heaviest rain on record to northern China at the end of July and the start of August, causing severe flooding in the province […]
Authored by Simon White, Bloomberg macro strategist, Heightened inflation risks and more profligate governments are pushing developed-market bond yields higher, closing the gap with their emerging-market counterparts. It couldn’t last forever. After more than a […]
Via Remix News, Europe is unavoidably heading towards a triple crisis, German publicist Thomas Fasbender told Preussische Allgemeine in an interview on the occasion of the publication of his new book, “The eerie century” (Das […]
It was not that long ago that a veritable army of trolls would emerge upon our merest mention that precious metal markets (like all other markets) are manipulated, whether by commercial or central banks, or […]
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