Business

Alarm bells are starting to ring across multiple asset classes as we approach The Fed's first double-rate-hike-in-3-months since 2006. The most concerning canary in the coalmine is US credit markets...

After a bigly run-up from the Feb 2016 lows - on the heels of unprecedented central bank cooperation - IG bonds began to break bad shortly after Trump's election and HY bonds began to collapse as The Fed stepped up its jawboning and after Trump's address to Congress...

Today’s chart plots data from the Energy Information Administration (EIA) to show America’s changing energy mix, along with their projected mix for 2030.

Visual Capitalist's Jeff Desjardins points out that it shows the total amount of energy used each year, along with energy use per capita. It then breaks down each year’s energy supply by source, which provides another way for us to visualize the decline of coal use, the resurgence in natural gas, and the rise of renewable energy.

Shameless Big Pharma companies have been caught supplying a Mexican drug cartel with bulk ingredients to produce meth. The Big Pharma companies are accused of supplying Mexican drug kingpin Ezio Figueroa Vazquez with tons of ephedrine, worth $360 million, knowing that it would be used in the production of methamphetamine – proving yet again that Big Pharma’s only motivation is profit, not the health and wellbeing of their customers.

With its credit impulse wearing off (and inflation spikes stalling any hopes of renewed stimulus anytime soon), it appears China's always-happy consumer is not so happy as 2017 begins.

Against expectations of a 10.6% year-over-year gain in year-to-date cumulative retail sales, February saw just a 9.5% rise - the weakest February since 2002.

What do you do when you're part of an industry that has levered up $100's of billions of dollars in investor capital and paid a handsome premium for pretty much every asset available all while "excess cash sits on the sidelines" because there are just no deals left to do at remotely attractive valuations?  Well, if you're Investindustrial, a European private equity fund founded by Italian dealmaker Andrea Bonomi, then you simply raise a new fund to buy all the investments of your old fund.