Authored by Nick Giambruno, chief analyst, The Casey Report, There wasn’t a group of people more wrong about the 2008 financial crisis than those at the Federal Reserve. Mere months before the disaster hit in earnest, the nation’s highest economic and financial officials …
Via ZeroHedge The ‘patient’ Fed has been lamenting the “lack of inflation” for far too long. It is about to get its wish. American food merchants are struggling to import fruits and vegetables from Mexico as wait times at port of entries along the …
via Marketwatch: Traders might feel compelled to dust off their playbooks for late-cycle investing lately, says AllianceBernstein strategist Richard Brink, but this isn’t your typical late cycle, and typical late-cycle responses might not apply this time around. This could be …
how is this even possible in the "greatest economy ever"? pic.twitter.com/IOGeOfMUOp — Alastair (@StockBoardAsset) April 7, 2019 "If -4.2% is the actual decline forthe quarter, it will mark the first year-over-year decline in earnings for the index since Q2 2016." …
by Michael Snyder 2019 sure has been a weird year so far. On Wall Street, everything has been coming up roses for investors up to this point. Stock prices have risen more than 10 percent year-to-date, and the horrible crashes of …
Is there anything happening in the global economy that we should be concerned of? Or just a couple bumps in the road? Things aren’t looking good in the shipping industry. Even the world’s biggest shipping link has cautioned preparation for …
by Charles Hugh-Smith The economy is far more precarious than the surface boom/bubble suggests. A great many households, enterprises and municipalities are in overloaded boats whose gunwales are just a few inches above the water; the slightest wave will swamp and …
By Dagny Taggart If you live in the Midwest, you surely already know that dangerously cold weather is heading your way. Some parts of the region are experiencing heavy snowfall and powerful winds, and the worst is yet to come. …
Waters plans fresh scrutiny of nation’s big banks Big banks are bracing for their CEOs to be called to testify soon at what could be an intense House hearing led by new Financial Services Chairwoman Maxine Waters, sources familiar with …
via Meadow Clark: How would you like to pay a 163% meat tax every time you want a steak or a burger? What about when you want some bacon with breakfast, or when you’re craving a ham sandwich? After much talk, …
via @stephlandsman David Stockman warns a 40 percent stock market plunge is closing in on Wall Street. Stockman, who served as President Reagan’s Office of Management and Budget director, has long warned of a deep downturn that would shake Wall Street’s …
by Thinker Events are occurring now that are going to irrevocably change this world in ways none of us can imagine. Veterans are awake and aware of the treasonous acts of those who infiltrated the U.S. government and military to …
by Mac Slavo of SHTFplan As the trade war intensifies and president Donald Trump continues to hold firm on raising tariffs, many are feeling the pinch. If you’re looking for a new car though, your wallet could be dramatically impacted, as those higher …
via 720 Global Summary A simple examination of America’s fiscal situation. The growth of Uncle Sam’s debt is significantly outpacing tax revenue. Given default is not an option, how does this unsustainable situation resolve itself? We would like to introduce you …
via John Engle Summary Despite missing on earnings, the market reacted favorably to Tesla’s Q2 earnings report thanks to a beat on revenue and apparent reduction in cash burn. Tesla claims it can service its debts with internally generated cash flow, …
by Jeremiah Johnson One of the most common sets of problems deals with orthopedics and injuries to the joints during exercise. There are a number of good reasons for this, and we are going to go into them a touch and …
Trump meets Kim, Putin meets MBS, U.K. MPs vote on Brexit bill Fed to hike, ECB to update bond plan, BOJ to keep stimulating https://www.bloomberg.com/news/articles/2018-06-10/brace-for-the-world-economy-s-most-important-week-of-the-year It’s supposed to be a week when many in Europe are on their to, if …
Tech giants brace for sweeping EU privacy law Facebook and other internet companies are racing to prepare for a sweeping new European Union (EU) privacy law that aims to give consumers greater control over the use of their data. The …
via BBG For all the explanations offered up for the latest equity sell-off, technical analysts say there’s just one reason it hasn’t been worse. The S&P 500 Index’s 200-day moving average held for a fourth straight day Wednesday in a …
By Michael Snyder Every time the left goes into a gun grabbing frenzy, gun sales always end up going through the roof. In the aftermath of the recent tragedy in Florida, we are seeing an all-out assault on our 2nd Amendment …
This chart says stock market is overvalued pic.twitter.com/HDNSKqKc3T — Alastair (@StockBoardAsset) September 6, 2017 Chart of the Day: Corporate Taxes As % of Pre-Tax Income Have Never Been Lower During Recovery $SPX Stocks Above 200-sma (monthly) major compression signals that …
Silver expert David Morgan is bullish on both silver and gold. In the short term, Morgan is more bullish on gold. But in the long term, Morgan sees silver outperforming gold three or four to one. Morgan warns of a …
Over the coming months, I believe we could see an economic meltdown at least six times the size of the 2007 subprime mortgage meltdown… The next financial collapse, already on our radar screen, will not come from hedge funds or …