A New Global Debt Crisis Has Begun

This post A New Global Debt Crisis Has Begun appeared first on Daily Reckoning. Emerging-market debt crises are as predictable as spring rain. They happen every 15–20 years, with a few variations and exceptions. In recent decades, the first crisis in...

The Cheapest $3,000 Stock You’ll Ever Find

This post The Cheapest $3,000 Stock You’ll Ever Find appeared first on Daily Reckoning. The supply of homes for sale in the United States is near record lows. This is the hangover from the collapse of the greatest housing bubble in history. The busin...

Markets Confront Shocking Paradox

This post Markets Confront Shocking Paradox appeared first on Daily Reckoning. “Can a tightening be considered effective if financial conditions… ease?” Claudio Borio, head of the Bank for International Settlements’ Monetary and Economic Depart...

Buy This “Trade War-Proof” ETF

This post Buy This “Trade War-Proof” ETF appeared first on Daily Reckoning. Yesterday morning, I woke up to a handful of frenzied news alerts on my iPhone. The headlines pointed to the “plummeting” markets, thanks to the latest round of...