Foreigners selling Japanese assets has become very seasonal as liquidity needs appear critical at quarter-ends for much of the last three years.
Last week - as Q1 ends - Foreigners sold 1.923 trillion Yen in Japanese bonds and 754 billion Yen in Japanese stocks. That was the second largest dump of Japanese assets in history...
This is also the biggest Q1 plunge ever - worse than in 2008.
It seems President Trump was on to something when he said healthcare in America would "explode," if left alone. ABC reports that retired teachers in Texas are projected to pay double or triple their current premiums for healthcare beginning September 1.
http://launch.newsinc.com/
If you're among the growing minority of investors still under the impression that 'everything if awesome' in the auto industry simply because new car sales volumes continue to hover around all time highs, while turning a blind eye to soaring incentive spending and that pesky little debt bubble, then we may need your help with how we should be interpreting the following subprime auto loan delinquency stats from Morgan Stanley.
Submitted by Ronan Manly, BullionStar.com
The following article is arranged in Question and Answer (Q & A) format. Through the Q & A approach, this article raises some important issues about price discovery in the gold markets and aims to explain the view that the gold price is being set by the paper gold markets.
In a testament to the efficiency of socialism, leftist-run Venezuela has long prided itself on selling its citizens the world's cheapest gasoline... that is when it has gasoline to sell.
While fuel supplies in the country with the world's largest proven oil reserves...