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ZERO HEDGE reports: (Authored by Lance Roberts via RealInvestmentAdvice.com) I recently published an article discussing why “recessions” are a good thing by reverting debt buildups excesses during expansions. The argument against debt reversions is always the same in that “debt-to-income” ratios low. To wit: “One reason (of many) we don’t need a debt reversion is that household debt...


MARKETWATCH reports: Buckling under the resurgence of the coronavirus in Europe, the Spanish government on Sunday declared a national state of emergency that includes an overnight curfew in hopes of not repeating the near collapse of the country’s hospitals. Meanwhile, Italy’s leader imposed at least a month of new restrictions across the country...


Container shipping spot rates on the main deepsea east-west trades this week maintained the historic highs seen in recent weeks. Today’s Shanghai Containerised Freight Index demonstrates that carriers continue to hold the upper hand as the annual round of contract negotiations on the Asia-Europe trades looms. The SCFI’s Shanghai-North Europe route ticked up...