Breaking News
Due To The Weather, Midwest Farmers Fear Widespread Crop Failures And A “Record-Low” Harvest In 2019
Snow usually blankets the Upper Midwest around the first week of November, and so that means that many farmers in the Midwest only have about two weeks to salvage what they can before everything is lost. The unprecedented October blizzard that we just witnessed dumped massive amounts of snow on millions upon millions of acres […]
Gold Rises As The Fed Ponders Rate Cut
What a whacky world we live in. Once upon a time, the Federal Reserve’s job was to make sure banks were stable institutions that people could trust. And, to a lesser extent, to keep an eye on the entire US financial “system” – if there is such an organized thing! – and make policy recommendations to help […]
US-China Trade Talks: Will The Chinese Keep Promises?
Talks between the U.S. and China to end the trade war appear to be in trouble with the March 2 deadline for a deal fast approaching. In the ongoing trade talks between the U.S. and China, a lack of trust – key to any successful negotiation – appears to be hobbling the ability to reach […]
The Truth Behind The Market’s Crazy Moves
If you thought the Dow Jones Industrials Average gapping down at the open, then dropping a heart-stopping 785 points, and then rallying back 709 points to close down only 79.40 points was normal, you might be right. As abnormal as that sounds, it’s not unusual for equity markets to make intraday moves like that. And […]
Climate Change, Trade Wars And The Networked World
The increasing connectedness of the global economic system has long been touted as the path to greater prosperity and peaceful relations among nations and their peoples. There’s just one hitch: Complex systems have more points of failure and also hidden risks that only surface when something goes wrong. For example, our dependence on cheap shipping […]
