Layoffs, Discharges, Quits, Job Openings, and Hires: Still Massive Churn & Job Hopping, but Losing Some Steam
Weirdest labor market ever gets a little less weird. By Wolf Richter for WOLF STREET. As rumors and reports of layoffs have piled up over the past few...
Argentina Is Running Out of Cash to Stave Off Devaluation
(Bloomberg) — Even in Argentina, a country whose very name has become synonymous with financial crisis, the current moment is dire. Most Read from Bloomberg...
Top Republican alleges China has been spying on Fed for at least a decade
The New York Sun/Scott Norvell/7-26-2022 “Senator Portman of Ohio said his report, based on the Fed’s own counterintelligence analysis, documents the myriad ways in which...
Billionaire CEO accuses Democrats of ‘lying’ about tax agenda: ‘Taking advantage’ of the poor, middle class
Red Apple Group chairman CEO John Catsimatidis says he thinks food prices may have peaked, but shortages could continue on ‘Cavuto: Coast to Coast.’ Red...
Shallow recession calls are ‘totally delusional,’ Roubini warns
Bloomberg/Isabelle Lee/7-25-2022 “‘There are many reasons why we are going to have a severe recession and a severe debt and financial crisis,’ the chairman and...
Bombshell: DOJ Says JPM Execs Manipulated Gold
Housekeeping: Thank you for the new subscribers. We hope you see GoldFix’s value. Source: Bloomberg Authored by GoldFix Substack Closing arguments Thursday set the...
Is the dollar about to take a turn?
Financial Times/Barry Eichengreen/7-25-2022 “The dollar has had a spectacular run, having risen more than 10 per cent against other major currencies since the start of...
How China Could Trigger Recession into A Full-Blown Depression
While researching for his next book, Mike Maloney unearthed some new data that shows some disastrous headwinds for the US economy. Be the first to...
Borrowers face huge margin calls on swap positions as rates rise
International Finance Review/Christoper Wittal/7-23-2022 “This year’s steep rise in financing costs is causing a once-in-a-generation cash crunch for borrowers in capital markets that have used...
Hedge Fund Expert Warns: This Is A 'Very Hard Market' With "Few Places To Hide' | Thomas Thornton
There will be few places to hide when the next down leg of the bear market begins. So cautions highly-respected former hedge funder Thomas Thornton....