Watchful financial commentators have been talking about the retail-pocalypse and the declining housing market of late, and those are certainly fair indicators of an American economy in jeopardy. Yet, we must not ignore “car-mageddon,” the precipitous decline in...
What a difference a Donald Trump press conference can make! Last week, when the former reality TV star and incoming U.S. President called out General Motors Co. (NYSE:GM) by name, this appeared to be more of the same. Donald Trump has now a storied history of shining...
Just in emerging markets, $9 trillion USD has been borrowed by companies. This is a looming crisis for not only the emerging markets, who are facing a strengthening dollar, but the U.S. itself, who depends on a functioning global economy that is on the verge of its...
Equities Let’s get started in the equities sector, which suffered one of the worst weeks in recent memory, with Thursday’s market action dropping the benchmark S&P 500 index to 1,833 points, down more than 2% against the prior session. The Dow Jones...