Clik here to view.
ECB Leaves Benchmark Rate Unchanged At 0.5%
There were no expectations for anything out of leftfield at the ECB this morning. There were also no surprises as Draghi kept rates unchanged. The biggest issue, of creeping EONIA and how the central...
View ArticleClik here to view.
Student Loan Defaults Hit Highest Default Rate Level Since 1995
About one in seven borrowers defaulted on their federal student loans, showing how former students are buckling under higher-education costs in a weak economy. BlackListedNews.com
View ArticleClik here to view.
Goldman’s Stolper Opines On The EUR, Says ECB Rate Cut Is A Buying Opportunity
After briefly becoming the strongest currency in the world for 2013, yesterday’s stunning inflation report out of the Eurozone has not only left the massively overblown European recovery story in...
View ArticleClik here to view.
Shadow banks reap Fed rate reward
Loosely regulated non-bank lenders have emerged as among the biggest beneficiaries of the Federal Reserve’s ultra-low interest rates with three specialist categories increasing their assets by almost...
View ArticleClik here to view.
Rate of Americans in workforce hits 35-year-low
The percentage of American civilians 16 or older who have a job or are actively seeking one dropped to a 35-year low in October, according to the Bureau of Labor Statistics. BlackListedNews.com
View ArticleClik here to view.
EU fines first U.S. banks in rate rigging scandal
JPMorgan Chase and Citigroup have become the first U.S. banks fined for the alleged manipulation of benchmark interest rates that affect hundreds of billions of dollars in contracts around the...
View ArticleClik here to view.
The Recent “New High” In Stocks Is As Bogus As The Unemployment Rate
Submitted by Charles Hugh Smith from Of Two Minds The Recent “New High” in Stocks Is as Bogus as the Unemployment Rate This is what happens when the Status Quo is incapable of reforming itself or...
View ArticleClik here to view.
De Blasio Releases Tax Returns; Paid Effective 8.3% Rate
Mayor Bill de Blasio is the first New York City mayor to release his tax returns in 12 years, according to the WSJ. de Blasio earned $ 165,000 as public advocate last year and brought in an additional...
View ArticleClik here to view.
US Savings Rate Plummets To Second Lowest Since 2008 To Pay For March...
There was good and bad news in today’s personal spending report. First, the good: US consumers saw their personal income rise by 0.5%, or $ 78 billion, in March to a $ 14.5 trillion SAAR, driven mostly...
View ArticleClik here to view.
Chinese Firms See Revenues Collapse At Fastest Rate Since 2009
Despite the promise of 6-7% GDP growth forever – fake invoices, intangible accounting, and contracting PMIs aside – based on the Hang Seng China Enterprise Index, revenues for Chinese firms dropped...
View Article
