Basix Hedge News


There's glaring evidence that the next recession will be entirely different from any in recent history. Here's why experts worry we're ill-prepared to combat it..

Jianan Yu/Reuters Several policy responses to the Great Recession have made the US economy vulnerable to a different kind of downturn that could arrive within...

The Student Debt Conundrum.

Using data from the Federal Reserve, Student Loan Hero — an organization that provides “resources, tools and information” to help “student loan borrowers understand their...

China's "JPMorgan" Hit By Sudden Debt Crisis As Cross-Default Chain Reaction Triggered.

Ever since Beijing allowed private Chinese companies (even certain state-owned enterprises) to officially fail for the first time in 2016, and file for bankruptcy to...

A report on Trump's NAFTA overhaul found that it's not going to do much for the economy.

Associated Press A report out Thursday said President Donald Trump's new North American trade deal would increase gross domestic product by 0.35% by the time...

US Retail Sales Surge Most Since 2017.

Having re-slumped in February, after bounding back from December's plunge, US Retail Sales were expected to rebound solidly in March (as analysts projected auto sales...

Deutsche Bank Is Scrambling For A 'Plan B' To Justify Abandoning Commerzbank Merger Talks.

The fraught, government-assisted courtship of troubled German banking giants Deutsche Bank and Commerzbank has hit yet another snag. According to a series of reports published...

US Services PMI Crashes To 2-Year Lows, Signals GDP Slump.

While all eyes focused on retail sales rebound in March, the flash US composite PMI plunged to 31-month lows in April, led by a collapse...

Mapping The Global Migration Of Millionaires.

Submitted by Visual Capitalist High net worth individuals (HNWIs) – persons with wealth over US$1 million – may decide to pick up and move for...

Why Great Leaders Listen.

Our 2019 list features 50 role models for optimism and bravery—including our top picks, Bill and Melinda Gates. There is something remarkably powerful about listening....

Farage's Brexit Party Leapfrogs Tories To Lead European Election Polls.

Support for the Tories is plunging following Theresa May's latest Brexit can-kick (a six-month extension until Halloween), and as cross-party talks for a Brexit compromise...

"They Don't Have Enough": How Turkey Is Misrepresenting Its FX Reserves By 100%.

Three weeks ago, when Turkey was scrambling to defend the lira ahead of local municipal elections, a potentially destabilizing event which saw significant selling of...

Why We Must Resist Economic Conventional Wisdom.

Dani Rodrik says that when ideas become conventional wisdom, we are blind to their limitations Harvard economist Dani Rodrik talks to INET President Rob Johnson...

There's Nothing Wrong with Buying Local — Except When Government Tells You To.

There is something unique about walking into a mom and pop shop and being on a first name basis with the local business owner or...

Anti-Trudeau bloc takes shape with UCP win in Alberta.

Alberta became the third major province in Canada over the past year to elect a conservative-leaning government in a growing front of opposition to Prime...

Here's what Home Depot looked like when it first opened in 1979 (HD).

Courtesy of The Home Depot Home Depot first opened its doors in 1979. Founders Bernie Marcus and Arthur Blank launched two different stores in Atlanta....

A better approach to China trade - AEI - American Enterprise Institute: Freedom, Opportunity, Enterprise.

The Trump administration’s approach so far to trade talks with China is to push the Communist Party to do for us what we haven’t done...

China's strong data sparks major stock rally with economic stimulus 'bearing fruit'.

REUTERS/Bobby Yip Asian stocks closed higher on Wednesday after a raft of positive Chinese data signaled a recovery in the world's second-largest economy. China's economy...

Why the New "GDP-B" Measure Doesn't Solve the Failures of GDP.

Gross Domestic Product-B attempts to capture the added value of things we don’t pay for, such as Facebook, WhatsApp, Google and other digital services free...

Greenspan Comes Clean - 3 Things That Keep Alan Up At Night.

Authored by Sven Henrich via NorthmanTrader.com, Call Me Al You can call me Al. By Al I mean Alan Greenspan. Oh I know, he has...

The Utterly Predictable Problem of Long-Run US Budget Deficits.

For anyone who can do arithmetic, it did not come as a surprise that the "baby boom generation," born from 1946 up through the early...