Is Fed Pumping Stocks To Keep Pensions Solvent? With pensions now 50% or more invested in stocks, it seems pretty obvious that one way to inflate away the looming pension catastrophe is for the Fed to inflate the stock market.

via investmentresearchdynamics: The pension crisis is inching closer by the day. @CalPERS just voted to increase the amount cities must pay to the agency. Cities point to possible insolvency if payments keep rising but CalPERS is near insolvency itself. It may … Read more

Is A Recession Looming? Low Unemployment And Declining Treasury Curve Occur Just Before Recessions (And Lousy Wage Growth)

by Anthony B Sanders US Real GDP is growing at 2.3% YoY.  What’s not to like? How about the lowest unemployment rate since 2000 and the worst wage “recovery” in modern times? AND a flattening Treasury yield curve? Yes, we … Read more

BIS: The situation in the global economy is similar to the pre-2008 crash era… 'WORSE THAN 2007': Top Central Banker warns of looming wave of worldwide bankruptcies

Financial markets could be over-heating, warns central bank body Bank for International Settlements’ quarterly health check warns global economy resembles era just before financial crash Investors are ignoring warning signs that financial markets could be overheating and consumer debts are … Read more

Looming Market Collapse: US Recession Is Approaching, Liquidity Is Leaving, Margin-Adjusted PE Ratios At Historical High, Trader Makes Bet on Major Pullback for Financials

US Recession Could Be Closer Than We Think Charts Show The ratio of the Goldman Sachs commodities index to the S&P 500 shows the ratio of commodities to stocks. Commodities are as cheap on a relative basis as they were … Read more

The Retail Apocalypse And Recession Looming, Margin Debt Sets Four New Peaks This Year, Negative Interest Rates Are Back In The Spotlight

With next Recession Looming, Central Banks Back with Negative Rates Negative interest rates are back in the spotlight. Central banks will need to be prepared to cut interest rates deep into negative territory in the next economic downturn. With U.S. … Read more