Business

Chinese banking regulators’ efforts to force the country’s largest conglomerates to deleverage after an unprecedented binge on foreign assets has already spurred a pullback in foreign real-estate investment, part of a broader decline in foreign investment more generally.

But with wealthy Chinese buyers suddenly out of the real-estate market, housing analysts are anticipating a wave of sharp declines in housing prices in some of the world’s most expensive markets like New York City, London and Hong Kong.

Authored by Ryan McMaken via The Mises Institute,

Any time we hear the term "privatize" coming from the usual suspects in Washington, DC we should immediately be suspicious. When this word is used, there's usually precious little actual privatization going on.

Thus, we should regard the Trump administration's proposed plan to "privatize" the war in Afghanistan with extreme amounts of skepticism. 

USAToday reports:

Chinese police questioned 27 people, detained 12 and "severely" reprimanded 15, over the spreading of gossip about Linshang Bank - a lender with 61 billion yuan ($9.1 billion) in deposits - which caused a rare bank run in Eastern China.

The South China Morning Post reports that a few disgruntled employees at Shandong Sanwei Oil Group, an agricultural processing company, were unhappy after they were placed on leave when production lines were closed at the firm.

We all know that the majority of people don’t know FX (Foreign Exchange) so this topic should come as no surprise.  (For those who haven't already, checkout Splitting Pennies for a quick guide on this topic) However, it’s important for traders and investors to understand how the US banks are ripping off their clients, and the only reason they do it is because clients allow them, because they don’t understand how they’re being scammed.  What we are talking about is the retail deliverable foreign exchange market.

Authored by Stefan Gleason via Money Metals Exchange,

The Federal Reserve can make or break a president.

Monetary policy influences all financial markets as well as the cycles in the economy. No president wants to have to run for re-election when the stock market and economy are turning down.