Boom Bust

  • © Michael Dalder
    As traffic to Cuba formally opens up, US companies in the Bloomberg US Airlines Index find their shares down 26 percent in 2016 so far. That puts them on track for the largest annual decline in five years. In other news, payroll processor ADP says...
  • Booom Bust
    The Boom Bust cycle is as old as Western banking itself. Each day at 4:30 pm EST Ameera David breaks through the mainstream headlines to find the stories that matter, and help you navigate the Booms and the Busts.
  • © Michael Dalder
    Marin Katusa on gold, Britain’s next PM
    As traffic to Cuba formally opens up, US companies in the Bloomberg US Airlines Index find their shares down 26 percent in 2016 so far. That puts them on track for the largest annual decline in five years. In other news, payroll processor ADP says...
  • © Leonhard Foeger
    Wolff on Puerto Rico, Brexit turbo charger for gold
    With gold trading at $1375 dollars an ounce, UBS strategist Joni Teves says gold is more compelling than ever while Wells Fargo strategist John LaForge thinks the gold run is over. Elsewhere, a closely watched gauge of non-manufacturing activity in...
  • © Lucas Jackson
    Max Keiser, Stacy Herbert, and Turmoil in Australian politics and in post-Brexit markets
    Markit PMI figures show that UK construction is crashing at the fastest pace since the financial crisis. Ameera David has the details. Next up is riots in France following a decision by the French government to implement business-friendly labor...
  • Puerto Rico and U.S. flags © Ana Martinez
    Puerto Rico defaults as Treasury yield hits record low
    The top story: On Friday, Puerto Rico failed to pay nearly a billion dollars’ worth of general obligation debt to bondholders. Ameera David has details. Then, Boom Bust’s Bianca Facchinei reports on Atlantic City, which is also trying to...
  • Vote Leave campaign leader, Boris Johnson © Toby Melville
    The next British Prime Minister & Hawkins on Italian bank crisis
    The top story: Former London Mayor Boris Johnson unexpectedly announced that he would not be running for British Prime Minister. In other news, Apple has patented technology to block your phone camera. Ameera David has the details. Then, RT...
  • The World Bank Group headquarters bldg. in Washington, D.C. © wikipedia.org
    Default in Puerto Rico & impact of Brexit on US election
    Turkey was hit by another devastating terrorist attack at a time when the number of foreign visitors to the country was already down 23 percent in the first 5 months of the year. In other news, JPMorgan Chase thinks Scottish Independence is its base...
  • German Chancellor Angela Merkel © Hannibal Hanschke
    Assessing the severe consequences of the Brexit vote
    As the UK prepares to leave the European Union, German Chancellor Angela Merkel mirrors other leaders in Europe, saying she will broker no special favors for the UK over the single market. Ameera David has details. In the UK, the question now is who...
  • A woman casts her vote at a polling station in Spain's general election in Bilbao, June 26, 2016. © Vincent West
    The post-Brexit meltdown
    Spain’s general elections ended with another inclusive vote, adding to Europe’s political chaos in the wake of Britain’s decision to leave the EU. Ameera David has the details. Then, Ameera talks to Edward Harrison about the...
  • © Clodagh Kilcoyne
    UK decides: Voters choose Brexit
    With over 70-percent turnout, British voters said no to the EU – shocking many around the world who had expected the Remain camp to prevail. Ameera David weighs in and she is joined by Boom Bust’s Edward Harrison in London to get the...
  • © Luke MacGregor
    Markets bullish amid Brexit vote
    In a programme prepared before the UK Brexit vote became official, Ameera David comments on the issue, which has now seen the UK vote to leave the EU. Edward Harrison sits down with Ann Pettifor – who supports the remain campaign – and...