Spreading the truth. Empowering the people.
NIH: UP TO 70,000 CASES NEXT WEEK As many as 70,000 Americans could be confirmed as infected with coronavirus by the end of next week, marking a “pretty dramatic” increase in the … Read more
The recession clock is ticking faster. 5-yr vs. 3-m spread now inverted for almost 8 months! Only happened 4 other times: At the peak of the housing bubble.In the midst … Read more
The US is the only stock market in the world to make new highs recently. Every other G-20 index already peaked a long time ago. Macro imbalances abound as fundamentals … Read more
Anyone notice the Leveraged Loan Index did not break in 1Q18 when the stock market corrected -10%. However, the index broke on the -20% stock market correction in late 2018. … Read more
via @StockBoardAsset: Crashing US CFO Confidence implies PMI of 50.3 in Feb 2019, from 59.3 in Nov 2018. The economy is rapidly slowing, and stock market bulls hope policymakers can reflate … Read more
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Honda, the fourth largest car producer in the UK, has unveiled plans to halt its UK production for the first six … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “We did not foresee the magnitude of the economic deceleration.” Oh dude, starting the year out on the right foot. On Wednesday after the market closed, … Read more
by Chris Stocks are for show, but bonds are for dough. Always keep your eye firmly on the credit space. That Federal Reserve could give a rat’s ass about whether … Read more
via Bespoke Recently, the Citi Economic Surprise Index for the Eurozone has started to improve while the Citi Economic Surprise Index for the US has slipped into negative territory. As … Read more
via UPFINA Since the S&P 500 earnings are growing 26.62% and the NFIB small business index is 0.1 away from its record high, you would think everything is perfect. That’s actually … Read more
by Dave Kranzler of Investment Research Dynamics “Financial-market and economic prospects remain far shy of the hype and headlines, amidst tanking consumer optimism and negative revisions to recent reporting.” – John Williams, Shadowstats.com The economy … Read more
Macy’s and other retailers are beginning to make announcements about store closures. Thousands of people will lose their jobs. The auto manufactures have been hit hard, sales are down in … Read more
John Embry – The Situation Is Now Rapidly Deteriorating In The West July 06, 2017Today John Embry warned King World News that things are rapidly deteriorating for Western central planners. … Read more