China’s economic growth rate for 2017 has been revised down to 6.8 per cent from 6.9 per cent as part of annual data revisions, the National Bureau of Statistics (NBS) announced on Friday. The estimated size of the economy at …
from Financial Survival Network Jordan Goodman asks between the shutdown, trade issues, the deficit, the student loan bubble, the auto loan bubble, etc., what’s an investor to do? The only surprise is that the market hasn’t taken a bigger hit, but there’s …
Via The Babylon Bee U.S.—The economic toll of the government shutdown is growing by the day, and experts now believe the cost of having the government partially closed down is nearly as bad as the economic toll of a functioning …
Umich confidence is collapsing and the blame goes to the shutdown. China has just extended an olive branch and they will increase trade by 1 trillion during the next 6 years. Trump and the patriots have been talking about the …
by WhenLuggageAttacks Bloomberg article tl;dr – The December retail-sales report won’t be released as scheduled Wednesday while the Commerce Department remains closed. Failure to reopen soon also would delay last month’s personal income and spending data, due by Jan. 31. …
by Shaun Richards As we arrive in the UK at “meaningful vote” day which seems about as likely to be true as a Bank of England “Super Thursday” actually being super the real economic news comes from the heart of …
by Michael Snyder We continue to get more confirmation that the global economy is slowing down substantially. On Monday, it was China’s turn to surprise analysts, and the numbers that they just released are absolutely stunning. When Chinese imports and …
By Tim Daiss Despite renewed hopes that a fresh trade deal could be reached between the U.S. and China by the two sides’ self-imposed March 2 deadline, it may still not be enough to offset the negative impact on China’s …
https://www.youtube.com/watch?v=lU5kuVMxjks This should let everyone know in this country whose for the safety of the American people.and who are not for their safety. I believe our president is doing everything he can, but you have some people who do not …
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 assets like ’16 – might be much harder this time. …
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,” he replied, “I like to say they get murdered.” All …
by Michael Snyder Is the mainstream media overhyping the economic impact of the government shutdown for political purposes? Of course they are. Once upon a time the mainstream media in the United States at least attempted to maintain a facade …
via Business Insider: German industry went into a sudden and unexpected collapse in November. The data is so bad some economists think it might be wrong. Nonetheless, they agree that Germany may have been in a recession for the last two …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter OK, this is embarrassing in the land of super-stimulus via the ECB’s negative-interest-rate policy and years of QE that were supposed to perform miracles: Production in Germany’s industry, which includes construction, dropped 1.9% in November from …
Krugman: The Economics of Soaking the Rich. Krugman argues in favor of marginal tax rates in the 80% range for the “rich.” Economist Bill Anderson comments on my Facebook page (reprinted with permission): “At the 2004 Southern Economic Association meetings …
by Martin Armstrong QUESTION: What about what China did by buying stocks a few years ago to stop the hang sang from dropping LW https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4?_=1 ANSWER: Do not confuse attempts to support a market from actually being able to do …
https://twitter.com/StockBoardAsset/status/1079383545561468929 5. North American institutional investor confidence in the toilet — ongoing "de-risking" by the largest investors… $SPX $SPY pic.twitter.com/LKQ0dGc94s — Callum Thomas (@Callum_Thomas) December 29, 2018 Volatile financial markets and softer economic data has led Goldman Sachs to trim …
There is no way out of this mess, that’s for sure. Markets are wild, the real economy is weak, tensions are high. Yet the mainstream media and the propaganda they force feed the public is never ending. I guess there’s …
The housing market continues to decline, pending homes sales have now crashed to their lowest point in the last 4 years. The Fed will continue to raise rates until the entire system rips itself apart, this is plan, patriots are …
via lifehacker: If you’re like many Americans, the recent swings of the stock marketaren’t necessarily keeping you up at night—only around half of us are invested in the stock market at all, and of that, “the top 10 percent of wealth holders in the …
from the US Department of Congress: Funding for a portion of the federal government expired on December 21, 2018. The Department is prepared for a lapse in funding that would necessitate a significant reduction in operations and is currently implementing its …
No one covering this except for patriots! Nothing has changed, actually the disbursements have been kicked up more then the past because there are no place to keep them. The police had to be called on them for fights. This …
She is actually in office in the US Government, and people are actually championing/promoting her for Presidency. Extremely, extremely good with numbers and facts. h/t Putin_loves_cats
The first move has been made to get the people use to the idea that the Fed is to blame for the economy. It is being reported by the MSM that Trump is thinking about firing Powell, this is being …
by Brandon Smith The concept of using the economy as a weapon is not an alien one to most people. Generally, we understand the nature of feudalism and how various groups can be herded onto centralized plantations to be exploited for …
CNBC, Released on 12/20/18 Robert Shiller is an American economist, academic, and best-selling author. He currently serves as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management’s International Center for Finance. …
by Daisy Luther This isn’t exactly an article loaded with Christmas cheer, but there’s a very good reason that my family has strictly limited our holiday splurges this year. It’s because all the signs right now seem to indicate the …
by John Adams from Adams Economics The Australian establishment are in panic model over collapsing house prices, especially in the Sydney Market. In the past week, the Reserve Bank of Australia and the Australian Prudential Regulatory Authority have made significant moves to keep …
Weekly Midcap momentum crashes to 2008 levels! pic.twitter.com/JHqJlZdQoh — Alastair (@StockBoardAsset) December 19, 2018 Economic Sentiment is rolling over-> New cycle high for "how to prepare for a recession" pic.twitter.com/UUd9L0ozub — Alastair (@StockBoardAsset) December 19, 2018 $SPYB buyback index continues …
Jason talks about leading economic indicators like demand for chemicals for the auto, housing and electronics as well as Chinese demand for chemicals flashing warning signals and FedEx, who ships goods for consumers and businesses all over the world warning …