Search Results for: Wells Fargo
The emerging evidence of hyperinflation
October 15th, 2020
Note: all references to inflation are of the quantity of money and not to the effect on prices unless otherwise indicated. In last week’s article I showed why empirical evidence of fiat money collapses are relevant to monetary ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
European stocks rose on Monday
July 13th, 2020
European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida. After edging up 0.4% last week, the Stoxx Europe 600 gained 0.6%. The German ...
Coronavirus is pushing U.S. consumers to contactless payments
April 2nd, 2020
Contactless cards are a potential refuge for consumers who fear plastic and cash are carrying COVID-19. The coronavirus, also known as COVID-19, has drawn attention to the safety and cleanliness of basic activities that many take for granted, such ...
Emerging market stocks fall; Currencies suffered their biggest weekly loss in a year
May 20th, 2019
Another week, another leg of the emerging-market rout. Stocks were on course for their worst month since October, while currencies suffered their biggest weekly loss in a year, erasing gains for the year. Brazil’s real led the drop as ...
Europe stocks climb as mining, tech shares rise on volatile day
November 30th, 2018
European stocks rose in volatile trading, with mining, technology and industrial shares leading the gains following a sharp rally on Wall Street sparked by dovish comments from Federal Reserve Chairman Jerome Powell. The Stoxx Europe 600 Index was up ...
These are the main moves in markets: Euro rose, Gold futures advanced, Asian stocks mixed
January 12th, 2018
Asian stocks are set to end the week on diverging paths as Japanese shares declined, while those in Hong Kong extended a record winning streak. Volatility in the Treasuries market subsided and the euro extended its advance. Equities rose ...
Early investors review: Asian equities built on the best start to a year since 2006
January 9th, 2018
Asian equities built on the best start to a year since 2006 as Japanese traders returned from a holiday following new all-time highs for U.S. shares. The yen climbed in an apparent reaction to the Bank of Japan trimming ...
Asian equities edged higher, the pound was flat; Here are the main events to watch for this week
January 8th, 2018
Asian equities edged higher ahead of the start of the region’s earnings season this week, with investors betting that the outlook for economic growth and profits is strong enough to support record-high stock prices. The Korean won declined. Shares ...
Warning Signs About Another Giant Bitcoin Exchange
November 22nd, 2017
As the price of Bitcoin has soared, the virtual currency has edged toward the mainstream. Square, the fast-growing payments company run by the Twitter co-founder Jack Dorsey, has begun selling Bitcoins to ordinary consumers, and the Chicago Mercantile Exchange ...
