Spreading the truth. Empowering the people.
By Patrick Watson Economic growth isn’t random. It comes from individual decisions to buy, sell, or do nothing. We all make dozens every day. Corporate CEOs and CFOs make bigger … Read more
Authored by Megan Brenan of Gallup 49% in U.S. think a recession is at least fairly likely in the next year Economic Confidence Index +17 in September, down from +24 in … Read more
Absurdity to a whole new level. CEO confidence plunging and completely diverging from stocks. The most since GFC! Corporate leaders rapidly losing faith in the economy;Yield curve inversions out the … Read more
Authored by Mike Shedlock via MishTalk, Australia gave “cash back” in July to those making up to $126,000. The move failed to inspire consumer confidence. Tax Refund Scheme In July, the … Read more
Originally published at The Boock Report. The University of Michigan consumer confidence index took a hit in August as it fell to 92.1 from 98.4 and that was below the estimate … Read more
by northmantrader Markets are subject to a giant con game. The game of CONfidence. Confidence must be maintained under all circumstances or we’re heading into a global recession first and … Read more
Consumer Confidence Crashes But, but, but… yesterday CNBC was telling us about how strong the consumer is and how bonds must be wrong. UMich Consumer Sentiment collapsed in August (flash … Read more
Gaetz: "Can you state with confidence the Steele dossier was not part of Russia's disinformation campaign?" Mueller: "With regard to Steele…that's beyond my purview." Gaetz: "It's exactly your purview! The … Read more
via sentimentrader: Confidence nears upper bound Over the last couple of days, Dumb Money Confidence has poked above 80%. While it has gone higher over the past 20 years, this is … Read more
by Egon von Greyerz Investors today have Hobson’s Choice. But they still don’t understand the options open to them. Thomas Hobson had a livery stable of 40 horses in Cambridge … Read more
Legendary geopolitical and financial analyst Martin Armstrong says America’s economy is like being “the prettiest ugly sister in the family” of nations. So, if the U.S. economy is so good, … Read more
Partly recovered? I can’t wait to see what “fully recovered” looks like. Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy was hit by a severe “confidence … Read more
via @TaviCosta: All previous declines from cyclical highs led to recessions. Confidence leads the way. History doesn’t repeat itself, but it often rhymes. via @Not_Jim_Cramer: ISM New Orders – Inventory Spread … Read more
ignore trump – the economy is decelerating with the rest of the world pic.twitter.com/dV3OcH5DxB — Alastair Williamson (@StockBoardAsset) June 29, 2019 pic.twitter.com/C6tncH4U8i — Alastair Williamson (@StockBoardAsset) June 29, 2019 Yikes! … Read more
As Trump touts stocks, bonds send an ominous message President Trump often touts the buoyant stock market as an indication his economic policy success. In so doing, he chooses to ignore … Read more
“Durham is working very fast and digging very deep … Durham is meeting regularly with the department heads.” Scroll to 6:55 h/t ProfessorWhistleTitz