Shifting Perspectives: The Top Financial Centers in the World
"Although the global financial sector is primarily influenced today by New York City and London, it seems that perceptions are shifting."
"Although the global financial sector is primarily influenced today by New York City and London, it seems that perceptions are shifting."
"Very simple question. Why are stock markets so high?"
Kiley: "If the U.S. economy entered a recession soon and interest rates fell in line with levels seen during the moderate recessions of 1990 and 2001, yields on even longer-dated Treasury securities could fall to or below zero."
"Corporations buy their own stocks, often using cash borrowed from each other and from the Federal Reserve... This process is essentially legal manipulation of equities..."
"As part of one of his far-reaching proposals, The Inclusive Prosperity Act of 2019, the Senator aims to "cancel every penny of student debt.""
"Everybody knows stocks are overvalued, but the market is going up because the market is going up."
Once private property is gone, public survival depends on the “charity” of the state and its corporate partners. Without property, dependency metastasizes like a cancer.
This is particularly evident in its capital, Addis Ababa, where a slew of transportation projects — from new ring roads to Sub-Saharan Africa’s first metro system — transformed the city.
"The battle will be hard and long."
The Fed is easing ... "at a time when unemployment is below 4%, the U.S. economy is growing over 2%, and the stock market is at all-time highs."
After a 2018 that saw the official sector buy a record 651 tons of gold bullion, most analysts agree that the trend of voracious gold buying will continue in similar fashion over the next couple of years. According to a report by the World Gold Council, this year’s central bank purchases clocked in at 562 tons by the end of October, which could very well end up placing this year’s total figure above that of 2018.
"North Korea has indicated they have no intention of continuing, and the initial deal itself is being exposed as the fraudulent nothing-burger it always was. Like the China trade deal, the North Korean talks are designed to fail. China will not quadruple its agricultural purchases from the US for any meaningful length of time, and North Korea will never voluntarily denuke."
“De-dollarization in central banks – demand from central banks for gold is biggest since the Nixon era, eating up 20% of global supply,” said Currie during the interview.
Your children are monitoring your relationship with money.
“Don’t piss down my back and tell me it’s raining.”
Lastly, should the judgment fall in favour of Mr Bauer and be applied retrospectively, UK industry would not be able to handle the cost. The PPF would be rendered insolvent and would need to be wound up or bailed out at the cost of many, many billions. Since the PPF is a statutory company, it could only be wound up by an Act of Parliament, which would necessitate a government guarantee of funding.
This index has gone up 112x since 1973. Once this market turns, the fall can be very rapid.
At this point, companies listed on our stock exchanges have accumulated a total of almost 10 trillion dollars of debt.
"The the biggest cost of leaving the euro is the banking sector itself, so while it's failing, the extra cost of leaving will actually be minuscule."
The multipolar and multilateral world order memes are also a fraud. China, Russia, Europe and other nations are demanding an alternative to the dollar, but if that alternative ends up being a digitized version of the SDR basket under the IMF's control as these countries have suggested, then this means total global centralization, not decentralization.
Buckle up and hold on tight!
Armed with data, CFOs can help predict headwinds, forecast performance, and make informed decisions across departments.
Longer-term, a deeper correction remains likely, particularly as we head into 2020. If economic and earnings data don’t begin to improve markedly, as currently expected by Wall Street, the current overvaluation of asset price is going to become more problematic to justify.
"The answer is of course: It won’t be paid back. And since every debt is someone else’s asset, you can imagine what that ultimately means. A great many people are a lot less wealthy than they think. It is all phantom wealth that can disappear in an eyeblink."