A rare phenomenon is currently occurring in Europe: Investors are actually paying for the opportunity to lend to certain borrowers. The norm, of course, is that borrowers pay lende[...]
On January 23, the Bank of Canada posted its inflation figures for December. Among the figures, the standout reading was the 3.7% increase in food costs from December 2013. At the [...]
The largest Mutual Fund in the world, Pimco’s Total Return Fund, suffered a decline of $41 billion over the last four months due to losses and redemptions as investors headed for t[...]