An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
So the NASDAQ ended lower on Friday as megacap growth stocks came under pressure after Treasury yields pointed to higher interest rates as yields...
The World Bank issued a report on Global Waves of Debt. They warn that the global build-up in debt is unsustainable and the risks...
We look at the latest data from the local economy, the recent FED rate cut and the issues surrounding repos. Is history trying to...