If you are long stocks, this is one of those mornings when you may be tempted to pull the covers over your head and take a mental health day away from financial news. As of 8:44 a.m. this morning, Dow futures were registering a plunge of 394 points; the big Wall Street bank stocks were […]
Here’s How Italy Revived Euro Crisis Fears and Sparked a Global Stock Market Selloff…
Fears over Italy returned with a vengeance Tuesday, perhaps surprising U.S. investors returning from a three-day Memorial Day weekend as headlines out of Rome sent shock waves through global markets and contributed to a selloff for Wall Street stocks. Market participants don’t need a long memory to recall the worst days of the eurozone debt […]
Secret Document Kept Truth About EU Membership from Brits for 50 Years…
For 50 years, the British people were not told the truth of what their country’s membership in the European Community actually entails. That’s the explicit instruction in a document known as FCO30/1048, dated April 1971, which had been locked away as “classified” under UK’s Official Secrets Act for almost 50 years, but is now declassified […]
IMF Slammed by Own Watchdog Over ‘Political’ Handling of Eurozone Crisis…
Top brass at the International Monetary Fund (IMF) have been criticized for misjudgments over Greece, being overly enthusiastic about the euro, ignoring signs of an…
Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard…
“If we went back on the gold standard and we adhered to the actual structure of the gold standard as it exited prior to 1913, we’d be fine”…
UK PM Cameron Goes M.A.D. As Brexit Odds Hit Record High…
“We’re not scaremongering…. [but] Brexit would put a bomb under our economy, and the worst thing is, we’d have lit the fuse ourselves.”