I explain how ransomware attacks have increased across the United States by a large margin since 2017 when NSA created hacking tools were released to hackers.Read More
Former presidential candidate and US Representative Dr. Ron Paul (R-Texas), founder and chairman of the Ron Paul Institute for Freedom and Prosperity, weighs in on the escalating retaliation of the US-China trade amid a plunging Dow and what Dr. Paul calls "an unworkable situation."Dr. Ron Paul is a physician and former twelve-term congressman from Texas who ran for president in 2008. He is the au...Read More
Stephen Roach, former chairman of Morgan Stanley Asia, joins "Squawk Alley" via phone to discuss the current trade talks between the U.S. and China.Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of...Read More
Get ready for a 20 percent plus market crash. We saw it last December and we'll see it again this year according to John Grace. Fall is the season for crashes and that goes back hundreds of years. John says you need to be ready. You want to be a survivor and get to tell the story rather than being consumed by it. These are very dangerous times.Read More
We're on the precipice of a new adventure in the markets.Never before has so much data and information been available to investors around the globe.And yet, there's no consensus on what's going to happen.Continue...Read More
Are people finally beginning to wake up to the reality we are living in? According to a new poll, 70% of Americans are now angry at the entrenched political establishmentContinue...Read More
Continue...Nouriel Roubini, a professor at NYU's Stern School of Business and Chairman of Roubini Global Economics, was Senior Economist for International Affairs in the White House's Council of Economic Advisers during the Clinton Administration. He has worked for the International Monetary Fund, the US Federal Reserve, and the World Bank.Read More
In the first of potentially thousands of verdicts against pharmaceutical companies accused of inciting the opioid epidemic, an Oklahoma judge on Monday ruled that Johnson & Johnson Continue...Read More
What a difference a few years makes. Back in the summer of 2015, a WSJ op-ed writer, who somehow was unaware of Continue...Read More
Brien Lundin is the editor of the Gold Newsletter and CEO of the New Orleans Investment Conference (Nov 1-4, 2019). In this episode Brien shares regarding why gold is freedom and how gold might be re-instituted as legal currency in America. He addresses whether he foresees the USA entering a recession. Brien also talks about how to play the mania phase of the current gold stock bull market. And he...Read More
Import prices for steel slab in Southeast Asia and East Asia were flat during the past week, although market sentiment became more bearish after trade tensions between China and the United States escalated, market sources said.China's Ministry of Finance announced last week that it would impose import tariffs of 5-10% on US products in stages from September 1. "The worsening trade situation is lik...Read More
Interest rates don't even have to be negative to make a mess in the era of "Secular Stagnation."Wolf Richter is the founder of Wolf Street Corp and the publisher of WolfStreet.com. Wolf has over twenty years of C-level operations experience, including turnarounds and a VC-funded startup. He has a BA, MA, and MBA (UT at Austin). In his prior life, he worked in Texas and Oklahoma, including a decade...Read More
"China called last night our top trade people and said 'let's get back to the table' so we will be getting back to the table and I think they want to do something. They have been hurt Continue...Read More
China's rebar market softened on Monday August 26 amid escalating trade friction between the country and the United States, with both sides announcing tariffs against the other's products ahead of the weekend.Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($513-517) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,590-3,610 yuan per tonne, down 10-20 yuan per tonneThe Chinese gove...Read More
The protracted economic battle between the United States and China will rewrite the rules of global trading and will not be resolved anytime soon, steel market sources in Asia told Fastmarkets."The world will wait and see who is able to gain the upper hand in the end and then follow the new rules of trading set by the winner," a major trader in China said.Market sources expect the entire ferrous s...Read More
The program is key in identifying high-priority targets for a 2020 drill program. Quaterra GroundhogQuaterra Resources Inc. (QTA:TSX.V; QTRRF:OTCQX) announced in a news release that it and Chuchuna Minerals Co. began their exploration program at their Groundhog copper-gold project located 300 kilometers southwest of Anchorage, Alaska.They kicked off those efforts with a 1,500 line kilometer, heli...Read More
Sector expert and money manager Adrian Day discusses resource firms that he covers, including two major producers, one royalty company and one exploration company. Gold bars Newmont Goldcorp Corp. (NEM:NYSE, $39.30)has underperformed this year, largely due to concerns surrounding the acquisition of Goldcorp, which closed in April. Many Newmont shareholders believe the company overpaid for bad ass...Read More
The protracted economic battle between the United States and China will rewrite the rules of global trading and will not be resolved anytime soon, steel market sources in Asia told Fastmarkets."The world will wait and see who is able to gain the upper hand in the end and then follow the new rules of trading set by the winner," a major trader in China said.Market sources expect the entire ferrous s...Read More
Fastmarkets has amended the specifications of its price assessments for stainless steel cold-rolled coil, Asia grade 304 (2mm), cif East Asian port, $/tonne and stainless steel hot-rolled coil, Asia grade 304, cif port East Asia, $/tonne after a one-month consultation.The price assessment for stainless steel cold-rolled coil, Asia grade 304 (2mm), cif East Asian port, will have its location change...Read More
Oil prices couldn't hold their gains, thoughStocks rose today thanks to comments from President Donald Trump, who said China wants to keep negotiating on trade -- though some in the Chinese media suggested the two nations didn't speak as the President described. Still, tech stocks led a broad rally, with trade-sensitive names like Apple (AAPL) enjoying the most upside. As such, the Dow, S&P, and N...Read More