An April survey from Bankrate.com found that just 26% of Americans under 30 are invested in the stock market. Heavy student debt is one obvious reason, but there are other factors, as well. The fina...
USD Recovers, EUR in neutral Zone The USD is slowly recovering from its slide last week, following the news that china was devaluing its currency. Although the probability of the FED increasing rates ...
Asia got off to an inauspicious start this evening with Japan printing a disappointing 1.6% drop in GDP – heading for its fifth recession in 6 years… so much for Abenomics, but, of cours...
Netflix (Nasdaq: NFLX) announced it’s offering paid leave for new mothers and fathers for the first year after the birth of adoption of a child. Other high-tech firms are close behind. Some big law ...
Bond Funds Post 3rd Week of Outflows Reuters reports High-yield, Investment-Grade Funds Post Third Week of Outflows. U.S-based high-yield bond funds reported $1.2 billion in outflows, while U.S...
In terms of profitability and trade-generated wealth, China is a hollow dragon. It is widely assumed that manufacturing (a.k.a. the world’s workshop) is the source of China’s wealth. But...
by Constantin Gurdgiev, TrueEconomics.Blogspot.in With apologies for a slight delay (I am actually away from work these weeks), here is a quick update on Russian 2Q 2015 GDP figures. Those who read m...
Very little on economic docket With only the Housing Market Index numbers coming out of America, and the Trade Balance numbers coming out of the European Union, we believe that more than likely it wil...
U.S. Industrial Production Ratchets Up in July trumpeted the Wall Street Journal on Friday. It added that, “Industrial production, a measure of output in the manufacturing, utilities and mining sect...
For quite a while, we have been talking about scarcity in gold. The cobasis for both October and December is positive. These contracts are backwardated. The cobasis for the February 2016 contract is n...