Category International Monetary Fund

Can Things Get Any Worse for Russia? You’re About to Find Out

Can Things Get Any Worse for Russia? You’re About to Find Out Investors who’ve made a fortune in the country say that with oil’s plunge, the ruble’s collapse, and Putin in power, all bets are off Bloomberg News Ksenia Galouchko ksengal Henry Meyer meyerhenry4 February 23, 2016 — 9:00 PM EST Share on FacebookShare on Twitter Illustrator: […]

Dreadful Start In Store For U.S./World Stock Markets In 2016: China Suspends Trading On Mainland After 7 Percent Fall Overnight Due To Weak Manufacturing Data; Saudi Arabia Severs Diplomatic Ties With Iran Over Reaction To Execution Of Prominent Shia Cleric On Saturday

Dreadful Start In Store For U.S./World Stock Markets In 2016:  China Suspends Trading On Mainland After 7 Percent Fall Overnight Due To Weak Manufacturing Data; Saudi Arabia Severs Diplomatic Ties With Iran Over Reaction To Execution Of Prominent Shia Cleric On Saturday www.fortunascorner.com      Poor economic numbers in China began an equity selloff in […]

U.S. Did Not Strike ISIS Oil Wells Because Of Potential Environmental Damage

When the POTUS and his national security team are making these kind of decisions:  not striking the ISIS-controlled oil wells, overly restrictive rules-of-engagement, and, the unwillingness to capture and interrogate high value targets at Guantanamo Bay Prison — you get the Lyndon Johnson administration on steroids.   The Johnson administration suffered historically for its micro-management […]

This Is How The U.S. Military Sees the Future of War

Excerpts: Luckily, despite all other issues, our military services-the Army, Navy,Marines, and Air Force-released documents outlining their vision for how they can be most efficient and effective in the future. While there are differences among them, their similarities reveal what our defense establishment believes is the role of the military going forward. Indeed, they unanimously […]

Oil Rich Saudi Arabia Will Run Out Of ‘Financial Assets Within FIVE YEARS Warns International Monetary Fund

Oil Rich Saudi Arabia Will Run Out Of ‘Financial Assets Within FIVE YEARS Warns International Monetary Fund www.fortunascorner.com      Simon Tomlinson writing in the October 22, 2015 online edition of London’s TheDailyMailOnline reports that the International Monetary Fund (IMF) is warning that “Saudi Arabia risks running out of financial assets in less than five years, amid […]

Why China’s Not The Only One Selling FX Reserves

http://www.cnbc.com/2015/09/11/saudi-copes-with-oil-drop-by-selling-fx.html Why China’s Not The Only One Selling FX Reserves Dawn Kissi‎ | ‎@dawnkissi‎ 11 Hours AgoCNBC. 28 COMMENTSJoin the Discussion Pete Turner | Riser | Getty Images The sun sets over an oil refinery in Saudi Arabia. Look out world—China’s not the only central bank in town selling its currency reserves to cope with a […]

Sea Of Red Across Asia, European Stock Markets, Sets Stage For Selling In The U.S

Sea Of Red Across Asia, European Stock Markets, Sets Stage For Selling In The U.S www.fortunascorner.com     A sea of red across Asian markets overnight have set the stage for another selloff in stocks in the U.S. today (Mon., August 24, 2015)  China’s Shanghai Composite fell just under 9 percent — as the People’s Bank of […]

Wall & Broad Takes A Black Swan Dive: Bears Come Out Of Hibernation

Wall & Broad Takes A Black Swan Dive:  Bears Come Out Of Hibernation www.fortunascorner.com      Bad news is good news for stocks — until it isn’t anymore.  Right now, bad news — is bad news for stocks.  Economic weakness in China, Japan, Australia, Canada, the U.S. and Europe is finally taking a toll.  Add to […]

Fed’s Signals Mixed On Rate Increase At September Meeting

  ENTRAL BANKS  WSJ PRO Fed’s Signals Mixed on Rate Increase at September Meeting Most Fed officials saw conditions for liftoff ‘not yet’ achieved, but ‘approaching that point’. ‎ENLARGE The Federal Reserve’s minutes come four weeks before the central bank’s Sept. 16-17 policy meeting.PHOTO: ANDREW HARNIK/ASSOCIATED PRESS By ‎ JON HILSENRATH Updated Aug. 19, 2015 2:04 p.m. […]

A Global Recession May Be Brewing In China; China Stocks Selloff Overnight, Shanghai Composite Down +6 Percent Overnight

A Global Recession May Be Brewing In China; China Stocks Selloff Overnight, Shanghai Composite Down +6 Percent Overnight www.fortunascorner.com      A global recession may be brewing.  That’s according to Ruchir Sharma, Head of Emerging Markets and Global Macro at Morgan Stanley Investment Management; and the author of — Breakout Nations:  In Pursuit Of The Next […]