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John Bogle, founder of Vanguard and ‘father of index investing,’ dies at 89

USA Today, Released on 1/16/19 “Jack Bogle made an impact on not only the entire investment industry, but more importantly, on the lives of countless individuals saving for their futures…

China’s overseas investment into North America and Europe falls 73 percent in 2018

CNBC, Released on 1/13/19 Chinese foreign direct investment into North America and Europe plummeted by 73 percent to a six-year low in 2018 Continue……

Russia plans to tackle US sanctions with Bitcoin investment, says Kremlin economist

The Telegraph, Released on 1/14/19 Russia is planning to invest a massive amount of capital into Bitcoin to help displace the US dollar as a reserve currency in a bid…

“Swimming In An Ocean Of Debt”: Gundlach Sounds The Alarm Over $122 Trillion In Unfunded Liabilities

Zero Hedge, Released on 1/13/19 After laying out the reasoning behind his considerably more pessimistic view on the US economy during his widely watched “Just Markets” podcast, DoubleLine Capital Founder…

At Taxpayers’ Expense, Fed Paid Banks $38.5 Billion in Interest on “Reserves” in 2018. Here’s How

Wolf Richter, Released on 1/10/19 Normally, this would be ironic: The Fed doesn’t need to borrow; it creates money when it needs some. So it wouldn’t pay interest. But these…

More Fed officials back away from hiking rates this year

Street Insider, Released on 1/9/19 “We just moved in December. We should let the economy run for a while, see how it has responded to that,” Continue……

BP just discovered a billion barrels of oil in the Gulf of Mexico

CNBC, Released on 1/8/19 “We are building on our world-class position, upgrading the resources at our fields through technology, productivity and exploration success,” Continue……

10 Years After The Crisis, A Bank CEO Is Finally Heading To Trial For Fraud

Zero Hedge, Released on 1/7/19 After flubbing two of its most high-profile prosecutions in recent memory, the UK’s Serious Fraud Office is preparing for the opening of one of its…

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