Peter Costello Warns Ultra-Low Rates Risk Creating The Next Financial Crisis
Former federal treasurer Peter Costello has warned on the risks posed by ultra-low interest rates.CREDIT:JANIE BARRETT
Tags: financial crisis
Weakening Economic Expectations Pull Down Consumer Sentiment
The preliminary February results from the University of Michigan Surveys of Consumers show overall consumer sentiment fell in early February and remains well below pre-lockdown levels. Deteriorating expectations for the…
From The Land Of Financial Bubbles
Everywhere we look, the world looks bubbly.
Home Prices Soar At 3 Times The Fed’s Inflation Target Across All US Cities
The Fed's most frequent lament is that no matter how many trillions in bonds (and stocks and ETFs) it buys or how much liquidity it forehoses into the market, it…
Digital Currencies and US Dollar Dominance
Since the Great Financial Crisis in 2008, cryptocurrencies have come of age.
Distressed Commercial Real Estate Sales Could Eclipse Number After Financial Crisis
It appears the government lockdowns in response to the COVID-19 pandemic has hastened the deflation of the commercial real estate bubble.
Nearly 75% of City Firms Reviewing Office Space Provision
Nearly three-quarters of City firms are reviewing how much office space they really need following a boom in home working during the pandemic, new research shows.
Wall Street Week Ahead: No Elk or Trout, But Fed’s Virtual Retreat May Stoke Market’s ‘Animal Spirits’
NEW YORK (Reuters) - Investors could get a hint from Federal Reserve Chairman Jerome Powell next week about how aggressively the U.S. central bank will try to manage the long-term…
US Bankruptcies Soar 48% In May, Most Since Financial Crisis
Trump triumphantly announced the results of the latest jobs report, which in a China-esque manner, managed to ADD 2.5 million jobs against an expected loss of 8 million jobs.