George Soros offered a grim prediction for the markets yesterday, likening this environment to 2008.
This time, however, he blames China's over-indebtedness as the primary factor responsible for global market woes.
By Money Morning Staff Reports, Money Morning -
George Soros offered a grim prediction for the markets yesterday, likening this environment to 2008.
This time, however, he blames China's over-indebtedness as the primary factor responsible for global market woes.
Here's the Hungarian-born hedge fund manager's full warning...
By Money Morning Staff Reports, Money Morning -
George Soros offered a grim prediction for the markets yesterday, likening this environment to 2008.
This time, however, he blames China's over-indebtedness as the primary factor responsible for global market woes.
Here's the Hungarian-born hedge fund manager's full warning...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Yesterday (Monday), the U.S. Federal Reserve System approved a rule to require the nation's largest banks to hold a larger capital buffer.
These "capital surcharges" are in addition to the 7% capital requirements set forth in the Basel Accords in 2010.
There are two takeaways from this action....
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
There's been a lot of talk of when - and even if - the U.S. Federal Reserve will raise interest rates soon.
But the mechanism for which the Fed raises rates, the so-called "Fed funds rate," is hardly well-understood.
So, what is the Fed funds rate? And how does the Fed set interest rates? We look at that here...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The Fed meeting today (Wednesday) delivered on another humdrum statement soaked in predictable Fed speak.
The decision? The U.S. Federal Reserve's Federal Open Market Committee is considering rate hikes on a meeting-by-meeting basis. Something we already knew.
But it's what the Fed is NOT talking about that really frightens us...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
The Fed meeting today (Tuesday) will adjourn tomorrow with a predictably vague statement about how the U.S. Federal Reserve's Federal Open Market Committee is considering rate hikes on a meeting-by-meeting basis.
But what won't be discussed at the Fed meeting today or tomorrow is that it's that very FOMC that has been setting the stage for the next global financial crisis.
By Keith Fitz-Gerald, Chief Investment Strategist, Money Map Report -
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By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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