During the Bank of Canada rate decision, policy makers stated that they expect economic activity to return to full capacity by the end of next year, which is two quarters later than they expected.

The markets appear to be very nervous in general and particularly nervous about the EU stress test results.

Tightening seems like the right thing to do. It is the right thing to do. But it results in bigger deficits. How could that be?

How many of the president's cabinet appointees have previously worked in the private sector?

Twice a year Fed Chairman Bernanke heads to Capitol Hill to deliver a testimony on the nation’s monetary policy to the Senate Banking and the House Financial Service Committees.

If you take on debt in order to expand production, the extra output can make it possible to pay off the debt later, and you come out ahead. But when you borrow to increase consumption, all you’re doing is taking output from the future and consuming it now.

It is no secret that the goal of the stress tests is to restore confidence in the banking sector by proving that the financial situation within banks is not nearly as weak as many people fear.

John Maulding thinks the Debt Supercycle is ending. What is that?

In trading, we need to rely on the logical foundation of science to conduct our affairs, but we also need the flexibility of art to adjust to the ever changing environments.

No empire that had to borrow money from its rivals has ever lasted very long.