We are familiar with the five stages of grief. However, it is not a stretch to apply those stages to what is happening to the banking system. Right now, we are in the second stage: anger. Original Article: “The Five Stages ...
SINGAPORE — Chinese Defense Minister Li Shangfu told Asia’s top security summit on Sunday that conflict with the United States would be an “unbearable disaster” but that his country sought dialogue over confrontation. Speaking at the Shangri-La Dialogue in Singapore, ...
BALASORE, India — Ompal Bhatia, a survivor of the three-train crash in India on Friday, had first thought he was dead. When the train he was traveling in went off-track, Mr. Bhatia was with three friends on his way to ...
SINGAPORE — Senior officials from about two dozen of the world’s major intelligence agencies held a secret meeting on the fringes of the Shangri-La Dialogue security meeting in Singapore this weekend, five people told Reuters. Such meetings are organized by ...
VATICAN CITY — A special purification rite was held at the main altar of St. Peter’s Basilica on Saturday after it was desecrated by a man who stood on it naked to protest against the war in Ukraine. The prayer ...
HONG KONG/TAIPEI — Hong Kong (HK) police said on Sunday they had detained eight people near a park, four of them for “seditious intention and disorderly conduct,” as authorities tightened security on the 34th anniversary of the 1989 Tiananmen Square ...
WASHINGTON — President Joseph R. Biden on Saturday signed a bill that suspends the US government’s $31.4-trillion debt ceiling, averting what would have been a first-ever default with just two days to spare. The House of Representatives and the Senate ...
A “soft landing” is impossible unless the government cuts both taxes and government spending at the same time interest rates are rising. This won’t happen, so get ready for a hard landing. Original Article: “Crowding Out: The Fed May Be Killing ...
Last week, we asked, “Can the Retail ETF XRT hold here?” We wrote that the Consumer Sector ETF had some words for you. To summarize: The test of the 80-month MA (green and price 56.24) on the last day of ...
After posting decent gains in the week before this one, NIFTY chose to consolidate this time just below the key breakout levels. The five sessions were largely consolidatory in nature; the markets stayed devoid of any direction throughout this time ...