Elena Holodny
Senior Editor
Latest Stories from Elena Holodny
2 mins read
BOONE PICKENS: 'This is the strangest two candidates I've ever seen'
"You have one - every day, every day uncover another set of lies. And you have the other one - that…
2 mins read
The ruble is surging
"The sweeping victory for United Russia in Sunday's parliamentary vote reinforces the view that Pre…
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S&P just upgraded Russia's outlook
Most recently, the Federal Statistics Service reported that Russia's economy shrank by 0.6% in the …
1 min read
The one thing that kills a bull market
"It is worth noting that no US equity bear market of the last 25 years has begun without a recessio…
2 mins read
The ruble is tumbling
"The statement accompanying today's decision by the Russian MPC to lower interest rates was much le…
3 mins read
Iran shouldn't be underestimated in 2 key oil markets
"If Russia intends to coordinate action alongside OPEC as recently indicated, the key incremental s…
3 mins read
Things won't turn around quickly for Africa's largest oil producer
"The highly oil-dependent economy is slowly moving away from crisis point, reached in Q116 when Bre…
1 min read
The 27 scariest moments of the financial crisis
Business Insider outlined the major moments from 2007 to 2009. From the initial reports of subprime…
1 min read
Here come initial jobless claims...
Mervin Sealy from Hickory, North Carolina, takes part in a protest rally outside the Capitol Buildi…
2 mins read
The pound is slipping
Governor Mark Carney and the other eight members of the committee decided that taking Britain's int…
2 mins read
Venezuela is 'kicking the can further down the road'
"...the bond swap is simply a case of kicking the can further down the road. Similarly large debt r…
3 mins read
Here's why Saudi Arabia might play hardball with OPEC
"While recent rhetoric suggests a freeze deal has a fighting chance, on the ground realities make t…
2 mins read
This chart highlights one of the biggest problems with the job market
"In our view, the persistently higher growth rate in openings compared to hires since 2009 suggests…
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The ruble is climbing
"The balance of payments flows will be supportive in our view. We expect current account surplus to…
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Big cities are starting to recover from the Great Recession, but rural areas are still having a hard time
The US Census reported that the poverty rate in metropolitan statistical areas dropped to 13.0% in …
2 mins read
Median household incomes just surged for the first time since 2007
The median household income rose in real terms by 5.2% to $56,516 in 2015, up from the 20…
4 mins read
Saudi Arabia just one-upped the US
"While recent rhetoric suggests a freeze deal has a fighting chance, on the ground realities make t…
1 min read
The pound is diving
Data from the Office for National Statistics showed that consumer prices in the UK rose only 0.6% y…
5 mins read
There are 2 OPECs
As the commodities team at RBC Capital Markets led by Helima Croft have been arguing for some time,…
4 mins read
One group is hurting wage growth in some of the world's biggest economies
"This [trend] appears to have been offset by participation in the younger age category, so the over…
2 mins read
The yen is surging
Hong Kong's Hang Seng (-3.4%) was hit hard in Asia, and Spain's IBEX (-2.5%) leads the losses in Eu…
2 mins read
STOCKS GET CRUSHED, DOW FALLS 390: Here's what you need to know
Legendary physicist Freeman Dyson talks about math, nuclear rockets, and astounding things about th…
2 mins read
Canada's housing bubble is now a 'tale of two cities'
"The truth is that, for all the talk of so-called triggers, when they get that big, bubbles often e…
18 mins read
Legendary physicist Freeman Dyson talks about math, nuclear rockets, and astounding things about the universe
In fact, there's a wonderful essay that I was just reading by [German mathematician David] Hilbert.…
1 min read
The ruble is sliding
Moreover, Bloomberg's Ksenia Galouchko reported that Sberbank CIB analyst Iskander Lutsko said that…