The confidence is being lost for three reasons: Crippling debt Stagnant wages High inflation U.S. consumers are feeling a bit less confident as they grow more concerned about trade wars. https://t.co/fIe9CNHtHT — Lisa Abramowicz (@lisaabramowicz1) July 13, 2018 Corporations are …
TradersChoice.net, Released on 7/13/18 Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several …
via RT Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. There’s no question we’ll see a financial crisis sooner or later because we must remember …
Do you believe that people have financed their lives with maximal debt? Is this sustainable? The financial system is at risk. The regulatory agencies have once again looked the other way. They have stepped aside while mega corporations have ballooned …
by Thinker Jason Goodman brings us this jaw-dropping lecture by former CIA Counterintelligence Officer, Kevin Shipp, which I have set to the midpoint, when he begins to talk specifically about this incredible phenomenon that we’ve all been witnessing, of the …
Global trade frictions expected to amplify financial volatility, State Information Centre says via RTRS The official China Securities Journal quoted the State Information Centre (SIC) as saying the Chinese economy was likely to experience a mild slowdown in the second half of …
by Jim Quinn You will find more infographics at Statista There is increasing recognition that GDP measures or GDP per capita are insufficent when it comes to understanding the true economic well-being of households. That has resulted in research becoming increasingly …
by Michael Snyder Up until now, the U.S. trade war with China has simply been a bunch of threats and counter-threats, but now things are about to get very real. On Friday, the first round of U.S. tariffs on Chinese goods …
by whenitsTimeyoullknow There’s a lot to unpack here. First: check out this news reported by the Washington Post, and understand that it’s presented through the lens of their owner (Amazon, who has a $600 million contract with the CIA). A company, RD …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When it gets too complicated for senior auditors, send in a “college-aged intern.” For PricewaterhouseCoopers, having for years rubber-stamped as outside auditor the financial statements of Colonial Bank in Alabama is getting expensive. Colonial, the 25th …
From Birch Gold Group When you’re on a ship that you know is going to take a hit from the equivalent of an “air-to-sea” missile, you don’t wait to try and protect yourself. The EU may be that ship, and could it take …
by Mac Slavo of SHTFplan As trade tensions continue to skyrocket and markets around the globe are affected, a Chinese government-backed think tank had a memo leaked warning of potential financial panic. China, the world’s second-largest economy, sees the rising tensions as a …
by mark000 For these indicators, falling = a bad sign 52-week high Week 25 June % change Observation Financials 500 437 -12% Fell from 500 to 90 during the GFC Deutsche Bank 20 10.40 -48% The rules say no more …
Facebook decided that cryptocurrencies are not that dangerous and allows advertisers back in. Core durable goods decline. Pending homes sales decline during the hot time for real estate. Mnuchin back tracks and tries to explain the China investing scenario. The …
by Thinker For anyone who does even a modicum of research, the 2008 financial crash was not just a cyclical ‘bump’ in the credit cycle, but an actual death event for the entire financial system. And this is primarily why …
Why is China reducing their reserve ratios and making it easier for people to get loans? The financial system is not strong. Don’t believe the mainstream media. It has been supported by trillions and trillions of dollars printed and barely …
via silverdoctors: Mark Carney’s saying “New World Order”, “New Financial System”, “Now Is The Time”, and “Great Change”. Let’s connect the dots… We talk about the coming reset all the time. We talk about: Debt Reset Debt Jubilee Monetary Reset Global …
Professor Steve Keen explains why debt and credit matter, and use them to show why the 2007 crisis occurred. He shows why several of the countries that avoided a crisis in 2007 are on the verge of one today. It …
Doug Noland: The Stage Set Is for the Mother of All Financial Disasters U.S. Home Prices at Least Affordable Level Since Q3 2008 (Home prices rising faster than wages in 64 percent of local markets) Yesterday, I discussed how the median …
https://www.google.com/search?q=nasdaq%3Aemb&ie=utf-8&oe=utf-8 https://heisenbergreport.com/2018/06/15/theres-a-big-problem-in-emerging-market-liquidity-and-here-it-is/ Near-term liquidity in EM is a big problem. Several factors are having an adverse impact, but some of that is improving. EM EXD technicals are better now, long-term fundamentals are good, spreads have risen far more in EM …
from Zero Hedge If one listens to the NFIB small business survey, or for that matter any of the other periodic confidence surveys over the past year virtually all of which are at or near record highs, life in the US …
https://www.youtube.com/watch?v=X7kM02J3rtc The Patriot Beat reports, Justin Trudeau is officially “Making Canada Worse Again.” Thanks to Trudeau’s disastrous performance at the G7 summit and his unwillingness to meet Trump half-way on trade, the Canadian dollar has already gone down. Read More/Source/Credit/FairUse: …
by ConcreteCrusher I’ve been reviewing in depth the non-banking mortgage originating industry, FHA’s mortgage insurance funds and Ginnie Mae’s mortgage backed security insurance programs. References: https://www.hud.gov/sites/dfiles/Housing/documents/MMIQtrlyQ12018.pdfhttps://www.hud.gov/sites/dfiles/Housing/documents/2017fhaannualreport.pdfhttps://www.ginniemae.gov/about_us/what_we_do/Reports_To_Congress/ReportToCongress17.pdfhttps://www.brookings.edu/wp-content/uploads/2018/03/5_kimetal.pdf Since the Financial crisis there has been a considerable increase in loans orignated from …
via theguardian: Are brewing exchange rate and debt crises in Argentina and Turkey localised events without broader implications? Or are they early warning signs of deeper fragilities in bloated global debt markets that are being exposed as the US Federal Reserve continues …
via salon: Why is the world the way it is, and how did it get that way? One book I read in the past year explained more about that question than any other, and it wasn’t about Donald Trump or the …
Via Business Insider When it comes to predicting a stock market crash, all roads lead back to the economy. That’s why it’s so jarring to hear someone claim that today’s economic system is “dysfunctional,” which is what the world-renowned market skeptic John Hussman just did. …
Do you think the markets will be saved by the central banks? Or will a crash occur intentionally? It’s so important to look at the economy for what it really is, not a single, synchronous, situation. It’s a bunch of …
via Marketwatch: The key to your financial future may lie in your parents’ bank account. One in three Americans say their financial stability is dependent on receiving an inheritance, according to a survey released Thursday by Merrill Edge, an online discount brokerage …
https://www.youtube.com/watch?v=2iL-2nfHvYM Our health insurance is more than our mortgage. AC
This agency didn’t exist until Obama. via seattletimes: The board had played an influential role in advising the Consumer Financial Protection Bureau’s leadership. But members held a news conference to criticize Mulvaney for, among other things, canceling legally required meetings. WASHINGTON …