Truthdig Homeownership is at its lowest level in 18 years, but housing prices are rising. Why? Because banks are creating real estate scarcity by buying up homes and selectively stalling foreclosures. CounterPunch contributor Mike Whitneyreminds us that in...

After two jam packed days of economic releases, Friday will be a slightly slower day. There are no U.S. economic releases scheduled, but several European and Canadian indicators will be released before markets open. Only three top...

Stocks closed at a new post-crisis high today. Meanwhile, earnings growth expectations, which are the most important drivers of stocks, continue to fall. “Since the end of the fourth quarter (December 31), analysts have also reduced earnings...

MAMADOU NDIAYE grew up in Senegal. His parents were “not poor, but not rich”. He was fascinated by mathematics, which he studied at Cheikh Anta Diop University in Dakar and then taught for several years in Côte...

With so many different types of market players on Wall Street these days, we’re always curious about how they go about executing various strategies.  Las Vegas-based volatility trader Robert Blau, the founder of RABCO, spoke with Business...

BofA Merrill Lynch investment strategist Michael Hartnett (of “Great Rotation” fame) identifies seven things that could be a dealbreaker for the never-ending risk rally in his latest note to clients: The biggest risk to investor positioning right...

Between the Japanese Industrial Production number, that will be released just half an hour before the day ends, and the University of Michigan’s Confidence report, which will be released about an hour into trading, and all the...

The astounding rally in high-yield corporate bond market (i.e. junk bonds) over the past two months has finally hit a bit of a wall alongside a stall in the broader rally in risk assets (e.g. stocks). High-yield...

Michael Snyder/End of the American Dream Blog Are we witnessing the start of a historic financial meltdown in Europe?  In recent days, two massive corruption scandals have greatly shaken confidence in European financial markets. The first involves...

It’s just incredible watching what’s going on in Japan. We’re now getting used to seeing 2% up moves, as the yen continues to weaken. Today? Up 2.4%. Ho-hum. Please follow Money Game on Twitter and Facebook. Join...