Great report. February has been a deficit month 53 times out of 65 fiscal years and last month was no different. Total receipts $167 Billion against total Outlays $401 Billion leading to a deficit of $234 Billion. Thank God the economy is one of the ...

Monthly Treasury Statement

Americans are up to their eye balls in debt and both the price of resale houses and new houses have gone down since last year along with the number of houses sold. I wonder what are the indicators used and the analysis that Conor Sen conducted prior ...

All Signs Point to a US Housing Boom Ahead

My comment on the previous story was: "I'm impressed that Moore licked the boots of Trump and did not get the Fed Chairman job". I guess getting the second prize is good enough for Moore.

Trump taps a strident Powell critic for spot on Fed board

I'm impressed that Moore licked the boots of Trump and did not get the Fed Chairman job.

Moore says he accepted Trump request to be Fed Gov. nominee

Tweet tweet the little bird told him to say that!

St.Louis Fed's Bullard sees no need for rate move -WSJ

Exactly!

So, Meaningful vote 3 might never come to pass - as we reported last night, Govt might not go...

If you were talking about stocks I would say sell everything except utilities and mining. Forex is immune from recession since no matter what happens to the economy there will always be opportunities to make profits by trading. On the other hand ...

U.S. Treasury yield curve inverts for first time since 2007

I agree. I entered a short USDGBP at 1.32215 last Thursday that missed my TP of 1.30 by only 10 pips on Friday. I made less money on that trade but the trend is now definitively up.

British PM May facing plot from minister to oust her: Sunday Times reporter

If you think that Corbin would have done, or can do, better than Theresa May you're dreaming.

British PM May facing plot from minister to oust her: Sunday Times reporter

It's easy to be an armchair quarterback and criticize Theresa May who is doing her best to forge a deal that, although imperfect, is the best that the EU will offer.

British PM May facing plot from minister to oust her: Sunday Times reporter

The UK parliament needs to shut the f**k up and allow Theresa May to get her last chance to get a deal with the EU.

What the U.K. parliament needs to do to change the Brexit date from March 29

Jens Weidmann is probably the best candidate to replace "no balls" Mario Draghi who only follows the lead of the Fed. As president of Deutsche Bundesbank Jens Weidmann is fully qualified to replace Draghi and, unlike Draghi, doesn't need the Fed to ...

Weidmann Hits French Roadblock on Path to Replace Draghi at ECB

Getting rid of zombie companies is great since the employees that lose their jobs will have no problem getting a new job since, unknown to most people, there is a shortage of workers in China. I just hope that all the lines serviced by the bullet ...

China confident of achieving key 2019 economic targets, vice premier says

With interest rates so low everywhere pension funds that invest mostly in bonds are not making enough money to honor their obligations to retirees. Good luck everyone in getting the pension they owe us. I suspect that what will happen will be the ...

The Week Ahead

I read a while back that the reason 21 million Bitcoins exist is that the inventor of the Bitcoins kept a million for himself so 20 millions were available to be mined by the public. I wonder how many Bitcoins its inventor sold and at what price. ...

Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth...

Housing is now in a doldrum so there is no need to have lumber as an economic indicator.

How Lumber Lost Its Mojo as Economic Indicator

In case you did not know 1 Bitcoin was worth $0.004 in June 2010 so you could purchase 1,000,000 Bitcoins for $400. Not bad since they trade now at $3,946 each so someone who spent $400 to buy 1,000,000 Bitcoins in June 2010 now has now a fortune of ...

Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth...

NQ did fare as well as his brothers with a drop of 172 points.

Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth...

I sent you a message stating that I was looking forward to debate with you. Well no debate. I agree 100% with you that crypto currencies are crap and should be avoided at all cost.

Mueller sends Russia probe report to U.S. attorney general

Your analysis is correct but the ADR of USDJPY is only 58 so if you are right it will take two days to reach the target. Not an ideal solution since a lot can happen overnight.

USDJPY to Remain Under Pressure Next Week