BY SRSROCCO Enjoy the good times while you can because when the economy BLOWS UP this next time, there is no plan B. Sure, we could see massive monetary printing by Central Banks to continue the madness a bit longer after …
via Jacob Sugarman Paul Krugman will be the first to admit he got the first year of Donald Trump’s presidency wrong. On election night, he concedes he let his “political feelings distort his economic judgment,” predicting that Trump’s upset victory would lead to …
Internet data mining expert Clif High has a brand new report called “Soaring Twenties.” Clif High says there is good news coming, but not just for 2018, many years after. Clif High explains, “There is a really interesting set of …
@NorthmanTrader There’s overwhelming evidence that the U.S. stock market is heading for disaster The economy is more leveraged than ever First up is Grant Williams, who sent me a monumental slide deck. Here’s an example of craziness: Grant Williams …
The Global Economy Is Partying Like It’s 2008 Small Company Surges 2,400% in a Week After Announcing It’s a Crypto Company Stocks surge to record highs yet again Chasing the Next Bitcoin, Investors Shell Out $700 Million for Coins With …
Gary Cohn, Trumps main Economic Adviser, laughed out loud when asked by Stuart Varney if this was Obama’s economy. Obama’s economy was the worst of any post-war president. Trump’s economy is booming! Gary Cohn, Trumps main Economic Adviser, laughed out …
Financial markets could be over-heating, warns central bank body Bank for International Settlements’ quarterly health check warns global economy resembles era just before financial crash Investors are ignoring warning signs that financial markets could be overheating and consumer debts are …
Fed is in trouble It wants to cool financial markets and the economy but can’t control financial conditions – @ Johnny Bo Jakobsen? ECB warns of possible global market correction after excessive risk-taking The European Central Bank (ECB) warned Wednesday that …
Authored by John Mauldin via MauldinEconomics.com, Since the 2008 financial crisis, there’s been a growing number of ridiculous, inane, and otherwise nonsensical economic interventions from our central bankers that fill the daily economic headlines. I have gone from the occasional smile to …
by Robert Carbery In mid-October, Upwork, a global freelancing platform where businesses and individual freelance workers connect and collaborate online, released the results of a new study on the gig economy, in conjunction with Freelancers Union, titled “Freelancing in America: …
By Michael Snyder If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year? Whenever I write about our “retail apocalypse”, many try to counter my arguments by …
In your opinion, will the Bank of Canada raise rates at some point in the near future? Canada’s economy is shrinking again, just after the Bank of Canada said everything was just fine. What’s going on here? We need to …
by Robert Carbery While many watchers of the economy are troubled by the many credit bubbles we have going on right now, the U.S. economy seems to be picking up its pace of growth under the Trump administration. And …
By Michael Snyder Don’t worry – even though the employment numbers are terrible the mainstream media insists that everything is going to be wonderful for the U.S. economy in the months ahead. According to the Bureau of Labor Statistics, the …
Stock prices – the highest US stock prices ever apart from 1 week in 2000 Debt – the most ever by a huge margin (compared even to 2007), especially in Chinese debt, corporate debt, government debt and unsecured consumer debt …
Commodities Not Suggesting Reviving Economy h/t .@LanceRoberts #OOTT pic.twitter.com/EP8XhiWESV — Alastair (@StockBoardAsset) September 25, 2017 Sign of the times… Peak $FB? pic.twitter.com/iJv3aNUIB0 — Alastair (@StockBoardAsset) September 25, 2017 Tech stocks are getting hammered this morning, extending losses from Friday, led by …
You've Been Warned…. h/t @epomboy pic.twitter.com/G5K8CKVmmg — Alastair (@StockBoardAsset) September 20, 2017 " the pace of dividend cuts for the third quarter is at a level that is consistent with recessionary conditions" https://t.co/eNfb40qQMl — Alastair (@StockBoardAsset) September 19, 2017 Despite …
by Charles Hugh Smith The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth. This is more intuitive than quantitative, but my gut feeling is that the economy just …
by Martin Armstrong The retail sector has been stagnant and most people are blaming AMAZON. A closer look is really required rather than the typical superficial analysis. Today, online sales represent only 8.5% of total retail sales. Amazon comes in at $80 …
By Michael Snyder Disneyland is known as a place “where dreams come true” and where every story always has a happy ending. But there is going to be no happy ending for the U.S. economy. Wishful thinking has resulted in …
by Jim Willie CB Within the US borders, the population remains largely ignorant of the true significance of the global currency reserve concept. It is of paramount importance, yet almost never discussed in the financial press. The public within the …
by David Haggith One of the kookiest moments last month came when Fed Chairwoman Yellen spoke about seeing no financial collapse in sight during our lifetimes “Would I say there will never ever be another financial crisis? No. Probably that …
by Umar Farooq China’s debt has risen dramatically in the past decade, largely the result of credit fed to state-owned enterprises in the wake of the global financial crisis. China debt situation is not only growing in size but also …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The San Francisco Bay Area has seen an astounding jobs boom since the Great Recession. The tsunami of global liquidity that washed over it after the Great Recession, central-bank QE and zero-interest-rate policies that sent investors …
America, like the rest of the world, has a humongous appetite for drugs. Huge investments have gone into the drug war with meagre results achieved. As an average investor or citizen that is not addicted or a part of the …
By Michael Snyder Even though I write about our ongoing long-term economic collapse every day, I didn’t realize that things were this bad. In this article, I am going to show you that the average rate of growth for the …
By Michael Snyder The evidence that the middle class in America is dying continues to mount. As you will see below, nearly half the country would be unable “to cover an unexpected $400 expense”, and about two-thirds of the population …
https://www.youtube.com/watch?v=8KZWX1BarD4 British shoppers are increasingly seeking bargains to offset rising inflation and employers are finding it harder to recruit migrant workers, according to surveys published on Tuesday which reflected the impact of last year’s Brexit vote. Total retail sales showed …
by Robert Carbery Everyone needs to take a deep breath and relax. Trump is not Hitler and nowhere near a threat to our democracy. The checks and balances are in full effect and not under assault. But you won’t …
From Birch Gold Group U.S. markets have sustained upward momentum for the past several years. But major warning signs suggest the end of their winning streak may be near. Rallies can’t go on forever; every upswing — no matter how …