Hard hitting global and local news
Germany’s Interior Minister threatens automatic rejection of refugees by executive order in open defiance of Merkel.
The CBOE says the path is clear for Ethereum futures. Cryptos are up on the news. History suggests something else.
The ECB will end its asset purchase program in Dec. but will keep negative rates “at least through the summer…
Retail sales jumped far more than expected in May, up 0.8% vs a consensus estimate of 0.4%. Curiously, bond yields…
The Fed is unlikely to keep its balance sheet reduction plan on target. There are significant consequences.
How many hikes can the Fed get in this year? The Fed estimate is two more. Mortgage rates rose on…
The Fed upped the interest it pays on excess reserves to 1.95% today. This is free money (taxpayer funded) to…
The Fed hiked rates to a range of 1.75% to 2.00% as unanimously expected.
On June 11, Italy stirred up a storm by refusing to allow a ship with refugees to dock. Repercussions reverberate.
Capital; flight to Germany, the Netherlands, and Finland is in full swing. These sums cannot be paid back.