Do economic booms die of old age?
From Bloomberg: Ben Bernanke got a big laugh from economists in Atlanta on Jan. 4. A few minutes after Janet Yellen said, “I don’t think expansions just die of old age,” … Read more
booms
How US Oil Booms & Busts Impact Industrial Production
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Fueled by cheap money and by dashed hopes of high oil prices. Industrial production in October rose 4.1% from a year ago, the Fed Board of … Read more
Booms & Busts: Tech Stocks & Real Estate in San Francisco Bay Area
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter And now the biggest boom of all. The Nasdaq has dropped 8% from its intraday high on October 1, and now the real estate industry in … Read more
Bankruptcy Booms Among Older Americans – Medical Bills, Mortgage, amd Their Children’s College Loans!
via NYT: For a rapidly growing share of older Americans, traditional ideas about life in retirement are being upended by a dismal reality: bankruptcy. The signs of potential trouble — … Read more
Trucking Booms, Heavy Truck Orders Soar, Shippers Grapple with “Capacity Crisis”
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Veterans in this industry are saying this is the best freight market they have ever seen.” But shippers struggle with rising costs. Orders for Class 8 … Read more
Police: Over 20 Explosions Caused Mysterious Booms Reported In Bucks, Lehigh Counties
A joint-investigation into the mysterious booms rattling the communities of Bucks and Lehigh Counties reveals the cause to be explosions, according to police. h/t Rachael
Sleeper Cells Activated, Bad Booms Incoming, Threat Real
The corporate media is pushing fake Cohen/Trump Russian collusion stories, Mueller pushes the corporate media to stop the fake news. Certain government employees are pushing for a criminal investigation against … Read more