EconMatters Global

Should There Be a QE for Students?

2013-06-19T14:14:00.000-05:00

By Ellen Brown On July 1, interest rates will double for millions of students – from 3.4% to 6.8% – unless Congress acts; and the legislative fixes on the table are largely just compromises. Only one proposal promises real relief – Sen. Elizabeth Warren’s “Bank on Students Loan Fairness...

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World Energy Gospel According to BP

2013-06-19T12:43:00.000-05:00

By Robert Rapier for Investing Daily Although BP’s reputation as a company has suffered immensely over the past decade, it continues to compile the best energy data in the business. BP’s comprehensive reporting of energy statistics — free to the general public — is one of my major “go...

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Rising Mortgage Rates Spell Doom for Banks

2013-06-19T10:43:00.000-05:00

By Sasha Cekerevac for Investment Contrarians One reaction that should not surprise long-term investors is that the market will move far quicker and further than most people expect. Even before the Federal Reserve has made any statement regarding the timing of reducing its asset...

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Key Market Trends June 19, 2013

2013-06-19T07:27:00.001-05:00

By Emann Charts If Bernanke really shakes the tree, half the world may fall out We no longer have a free market. The world’s financial asset prices have become a plaything of central banks and the sovereign wealth funds of a few emerging powers. Julian Callow from Barclays says...

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China, Iran and US: India's Tough Oil Triangle

2013-06-18T16:10:00.002-05:00

By John C.K. Daly of Oilprice India's relentless search for hydrocarbons to fuel its booming economy has managed the rather neat diplomatic trick of annoying Washington, delighting Tehran and intriguing Baghdad, all the while leaving the Indian Treasury fretting about how to pay...

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Not Even Insane Money Printing Can Save Japan

2013-06-18T15:24:00.002-05:00

By Anthony Harrington via QFinance On 12 June Japan's Nikkei index fell 6.25% to 12,445, it rallied a touch the next day, but that drop was sharp enough to send shock waves through the Japanese political establishment and to put chills into the heart of the global investment community....

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Do You See The Future of America in Detroit?

2013-06-18T10:16:00.002-05:00

By Michael Snyder Eventually the money runs out. Much of America was shocked when the city of Detroit defaulted on a $39.7 million debt payment and announced that it was suspending payments on $2.5 billion of unsecured debt, but those who visit my...

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Key Market Trends June 18, 2013

2013-06-18T05:32:00.002-05:00

By Emann Charts UK's Co-op Bank agrees to £1.5 billion 'bail-in' rescue plan (Reuters) - Britain's Co-operative Group CWSGR.UL will force bondholders to help plug a 1.5 billion pound ($2.4 billion) capital hole, avoiding a repeat of unpopular taxpayer-funded bailouts made during the...

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More Iran Oil Sanctions Could Backfire on Europe and U.S.

2013-06-17T15:30:00.000-05:00

By Gail Tverberg A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it, U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran’s diminishing oil exports, and while they are...

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Pessimism Creates Buying-on-the-Dip Opportunity

2013-06-17T13:39:00.000-05:00

By Rodney Hobson for Morningstar via QFinance Rodney Hobson had felt it was difficult to find opportunities in the UK stock market, but the recent reaction to economic news has allayed his concerns. Back to Front Markets have taken fright at the prospect of various governments,...

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