Diamond News Archives
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Emerging markets haven’t looked so exposed to climbing U.S. yields for almost half a decade.
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- Category: News Archives
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The US currently spends 111% of its tax receipts on the true cost of servicing its debt. And the Fed is now chained to printing up the difference -- forever. This is a no-win situation. Which is why highly-respected macro analyst Luke Gromen states that the US and other major world economies either better "get busy inflating or get busy defaulting".
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- Category: News Archives
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Passing a funding plan would resolve one crisis while lawmakers try to deal with another: a looming default unless Congress raises or suspends the debt ceiling.
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- Category: News Archives
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The ideal setup for a crash is a consensus that a crash is impossible--in other words, just like the present: sure, there are carefully measured murmurings about a "correction" but nobody with anything to lose in the way of public credibility is calling for an honest-to-goodness crash, a real crash, not a wimpy, limp-wristed dip that will immediately be bought.
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- Category: News Archives
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Few are more frustrated about the backlog at the Port of Los Angeles and Long Beach, than truck drivers in the chaos. They say that a trucker shortage is not the problem, instead the port needs to speed up their wait times and have more dock help ready to off load.
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