Kiwi Crumbles As New Zealand Targets Speculators To Burst “Dangerous” Housing Bubble One month after the New Zealand government took the historic step of adding a fresh mandate to its central bank, tasking it with considering the impact its monetary and financial policy decisions have on housing prices, a move […]

Is The End Of The Value Trade Near? Authored by Lance Roberts via RealInvestmentAdvice.com, The end of the value trade may be near as investors push prices beyond economic growth expectations. Interestingly, it was just last year that I wrote: “The Rotation To Value Is Inevitable.” The critical point of that article […]

“First Tangible Step” – Evanston, Illinois, Becomes First City To Pay Reparations To Blacks Evanston, Illinois has become the first city in the US to make preparations to financially compensate Black residents for addressing the wealth inequality gaps they have experienced because of historical racism and discrimination in housing, according […]

UN Says Saudis Bombed Grain Port In Yemen On Same Day Riyadh Talked Up Ceasefire Authored by Dave DeCamp via AntiWar.com, The US-backed Saudi-led coalition continues to launch airstrikes across Yemen. Over the past few days, Saudi bombs have hit the capital Sanaa, Maarib province, and the Red Sea port of Salif. […]

Rock-Solid 2Y Auction Eases Concerns Ahead Of Upcoming 7-Year Offering While everyone’s attention remains focused on Thursday’s 7Y auction as this was the very auction last month which sparked the rout in the bond market after catastrophic lack of demand almost led to a failed auction, moments ago the Treasury […]

Bank Of Canada Ends All Pandemic Bailout Facilities As largely expected – and forewarned – amid ‘excess’ liquidity and a ‘functioning’ market, the Bank of Canada has today confirmed it will end all its pandemic emergency liquidity programs. “We can take these steps because now there is ample system-wide liquidity […]