Real Canadian Mortgage Growth Points to Early-80s-Style Meltdown

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We’re overestimating growth, thinking of it as heading towards low growth. In reality, we’re heading towards negative growth, once adjusted for inflation. By Stephen Punwasi, Better Dwelling: Canadian mortgage credit growth is falling, but how bad is it in real terms? People are comparing today’s low growth numbers to the mid-1990s. While there are some parallels, … Read more

China To Adopt Gold Standard?

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Alasdair MacLeod, Head of Research at GoldMoney, interviewed by Elijah Johnson of Silver Doctors The coming credit crisis will hurt China’s economy the worst, MacLeod says. He proposes that China should issue a perpetual bond. The coupon on that bond would be payable in Yuan or gold at the users choice. If this were to happen, it would undermine the … Read more

Not All Are Feelin’ The Boom: Lowe’s Home Improvement To Close 50 Stores

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by Daisy Luther via The Organic Prepper By now, just about everyone has watched one or more local stores close their doors for good. Lowe’s, a hardware and home improvement store that has been around for 72 years, is closing around 50 of their locations just after Christmas. They’re the most recent victim of the retail apocalypse. Thousands of … Read more

Silver Could Surprise With New Strength By Year-End

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From Birch Gold Group This week, Your News to Know rounds up the latest stories involving precious metals and the overall economy. Stories include: Silver to show strength before the year ends, the concerning implications of gold’s comeback, and why the world always returns to gold. Analyst: Silver will show strength before the end of the year After … Read more

It’s Rather Difficult To Grasp, Why Many Remain So Positive. What Would Carry The Bull Run?

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It's rather difficult to grasp, why many remain so positive. What would carry the bull run? 1) Global QT2) China slowdown3) Fading US fiscal stimulus4) Peak earnings5) Euro area = mess Am I missing something, or is this just classic late-cycle bias?#StockMarket — Tuomas Malinen (@mtmalinen) November 12, 2018 Today's move in oil is a … Read more

A Palpable Sense Of Panic

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by John Rubino Based the last few days’ headlines you’d never know the world is in year 10 of a pretty good expansion. Check this out: Not terrified of a recession? These stocks hint you should be Cyclical commodities continue to weaken, gold moves in relation Italian banks on verge of new crisis on €400 … Read more

Trouble brewing in Hong Kong

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by Simon Black Hong Kong has for decades been one of the most stable places in the world. When the British took Hong Kong over in the late 1800s, it was nothing more than an irrelevant backwater made up of fishing villages and illiterate fishermen. But after a few decades, it became one of the most … Read more

It’s Beginning To Look A Lot Like Christmas! Walmart Tries To Get Ahead Of The Competition

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Ken Martin for FOX Business reports, The holidays come early this year at Walmart. The retailer will start offering holiday deals for customers as early as this week, as it prepares to compete with Amazon, Target and other rivals for shoppers on one of the busiest shopping days of the year. https://www.youtube.com/watch?v=0TcoNXR5CmY Read More/Source/Credit/FairUse: https://www.foxbusiness.com/markets/w… … Read more

Top Facebook Executive Forced Out Because He Was A Trump Supporter Shows The Extreme Prejudice Of Social Media Companies

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by Geoffrey Grider Facebook Inc. executive and virtual-reality wunderkind Palmer Luckey was a rising star of Silicon Valley when, at the height of the 2016 presidential contest, he donated $10,000 to an anti-Hillary Clinton group. I have had a Twitter account since early 2012, and from then until now have posted roughly 11K+ tweets with 13K+ followers. Up … Read more

The Economic Consequences Of Debt

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by Lance Roberts Not surprisingly, my recent article on “The Important Role Of Recessions” led to more than just a bit of debate on why “this time is different.” The running theme in the debate was that debt really isn’t an issue as long as our neighbors are willing to support continued fiscal largesse. As I have pointed out … Read more

Overcapacity is a major issue and poses a significant deflationary risk to the rest of the world as China looks to export their economic imbalances.

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via NZ Herald: The underlying economic troubles in emerging markets surfaced recently with Turkey, Argentina and India making headlines as their markets tumbled. Meanwhile, trade tensions between China and the United States have brought an even more cautious tone across international markets. While the New Zealand stock market has been able to navigate most of these … Read more

The response to the 2008 economic crisis relied far too much on monetary stimulus, and far too little structural reform. The next crisis could come soon – and include large-scale military conflict

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via interest.co.nz: The next economic crisis is closer than you think. But what you should really worry about is what comes after: in the current social, political, and technological landscape, a prolonged economic crisis, combined with rising income inequality, could well escalate into a major global military conflict. The 2008-09 global financial crisis almost bankrupted governments … Read more

Goldman Sachs’ “Bear Market Indicator” Hits 48-Year High

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via Zerohedge: “Get used to this kind of volatility,” warns Hussman Funds’ John Hussman in his latest comment. “Unfortunately, the moment interest rates hit zero, [historical risk and valuation] limits vanished, and preemptively responding to speculative extremes became terrifically detrimental.” “Presently, neither valuations nor internals are favorable, and that is what opens up a trap door under the market.” Goldman  agrees, … Read more

Century of Our Enslavement: The History of the Federal Reserve

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TRANSCRIPT AND RESOURCES: http://www.corbettreport.com/federalr… What is the Federal Reserve system? How did it come into existence? Is it part of the federal government? How does it create money? Why is the public kept in the dark about these important matters? In this feature-length documentary film, The Corbett Report explores these important question and pulls back … Read more

I Read The News So You Don’t Have To – Market News (Nov. 12, 2018)

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by ogordained UNITED STATES University of Michigan Consumer Sentiment Index remains robust (Actual 98.3 | Expected 98.0) But consumers are putting off purchases of cars and homes And expect inflation to remain low CFO’s have reeled back their expected investments for the next 12 months  Regional Fed surveys show new orders dropping off sharply, a sign of slowing business investment OTHER Global shipping activity is pointing to a weakening in demand Natural gas is prices … Read more

WSJ: “U.S. on a Course to Spend More on Debt Than Defense”… The Morgan Report: “US Dollar Demise This December?”

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WSJ: “U.S. on a Course to Spend More on Debt Than Defense” Merely paying interest on our titanic federal debt will eventually consume the nation’s budget whole: “It will spend more on interest than it spends on Medicaid in 2020; more in 2023 than it spends on national defense; and more in 2025 than it … Read more