Markets soar when the Fed hints at more money, and crash when it hints that it will sit still. When you operate with an elastic currency, and expand credit 50 times in 50 years, Bill Bonner warns, don't be surprised when the market inevitably falls over.
Concerns about weak economies in Europe have already rattled global financial markets, and things are hardly rosy at home. Is America heading into a recession? Here are answers to 10 questions about that risk.
Goldman Sachs, Bank of America and Morgan Stanley among the Wall Street giants that have continued to buy up bonds in debt-laden Italy and France. Hopefully these risky moves pay off. Because Wall Street never makes bad decisions.