Basix Hedge News


Cryptocurrencies, Tariffs, “Too Big to Fail,” and Other Top LSE Posts of 2018.

“Cryptocurrency” hit the cultural mainstream in 2018. In March, Merriam-Webster added “cryptocurrency” to the dictionary, and in what was perhaps a greater litmus test of...

A History of Venezuelan Inflation.

Count Venezuela among the victims of hyperinflation. Economist Steve Hanke has done a meticulous job over the years raising awareness on troubled world currencies, with...

Bitcoin and other cryptocurrencies are plunging again.

Jeff Swensen/Getty Images Global asset markets have steadied after a volatile week, ahead of all-important US jobs data on Friday. But there’s been another crypto...

Why headline US inflation could be about to plunge, in one chart.

If the chart below from Westpac Bank is anything to go by, headline inflation in the US could be about to fall off a cliff....

Why Economics Needs a Moral Dimension.

INET President Rob Johnson talks with Michael Sandel about the limits of a life driven by self-interest, gambling and Wall Street, and why the consumer...

The Eurozone Banks’ Trillion-Euro Timebomb.

Eurozone banks have fallen dramatically in the stock market despite the results of the stress tests carried out by the ECB, and the EU Banks...

Shutdown Postponed by 2 Weeks Under Measure Passed by House.

The House passed a two-week stopgap spending bill that would delay the potential for a partial government shutdown until Dec. 22. The House passed a...

Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then.

Win McNamee/Getty Images President Donald Trump reportedly dismissed a future debt crisis because he "won't be there" when it reaches a critical point. US debt...

Deutsche Bank: "This Is A Clear Signal That The Trade War Is Escalating To A New Level".

As if traders did not have enough reasons to be worried, here is Deutsche Bank's Chief China Economist Zhiwei Zhang, who writes that the arrest...

Oil plunges as OPEC tries to balance supply concerns with Trump's demands.

AP/Ronald Zak OPEC must balance supply concerns with the whims of two of the world's largest producers. Oil prices plunged more than 4% prior to...

Global Food Prices Keep Dropping — But You Won’t Notice at the Checkout.

Food commodities have hit their lowest value since May 2016, but it'll take time to ripple through to consumers The Food and Agriculture Organization of...

Qatar breaks up with OPEC: It’s not you, it’s me.

Earlier this week, Qatar’s energy minister Sherida al Kaabi announced that Qatar will leave OPEC, effective January 1, 2019. Qatar was the first nation outside...

How Merkel’s successor could change the political landscape (or not).

Whoever wins won't just have an impact on the Christian Democrats' future. Angela Merkel’s Christian Democrats will choose her successor as party leader Friday —...

Is the Protestant Work Ethic Real? (Ep. 360).

In the early 20th century, Max Weber argued that Protestantism created wealth. Finally, there are data to prove if he was right. All it took...

Trader: The Reason The Market Sold-Off Is Worse Than You Think.

By Bloomberg macro commentator Richard Breslow The U.S. markets had a rough day yesterday. Yet despite some of the very dramatic hyperbole used to describe...

Qatar's OPEC Exit May Just Be The Beginning.

Authored by Tim Daiss via OilPrice.com, Much has already been written over the last 24 hours by pundits and analysts alike about Qatar’s decision to...

The Inconvenient Truth about Climate Change and the Economy.

The recent report from the Intergovernmental Panel on Climate Change (IPCC, 2018) rightly raises the alarm about the dangers of global warming of 1.5 °C...

Why The Yield Curve Inverts In One Simple Picture.

Authored by Mike Shedlock via MishTalk, The yield curve inverts when the Fed keeps hiking in the face of a slowdown... Bianco research noted today "There...

Bank of Canada caution knocks almost a cent off the loonie; bets on January hike plummet.

Last month markets had fully priced in another rate increase on Jan. 9. Then the oil crisis happened OTTAWA — The Bank of Canada kept...

Volkswagen Will Stop Making Gas Powered Cars in 2026.

The automaker is going all in on electric vehicles. Volkswagen, which has been increasingly shifting its focus to electronic vehicles, says it will stop making...