Spreading the truth. Empowering the people.
by TheMacroEvent Apple reports Q4 earnings on Thursday, November 1st, after the bell. Here are a few things to watch for: 1. iPhones? iPhones iPhones are it. They are the … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about recent news out of the Federal Reserve as the Fed basically threatens to restrain growth. Jerome Powell, chairman of … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But wait — these are the Boom Times! The US gross national debt jumped by $84 billion on September 28, the last business day of fiscal … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter I have to say, Fed Chairman Jerome Powell is a breath of fresh air when he talks, after the near-physical pain I experienced listening to his … Read more
by Mac Slavo of SHTFplan In a new research piece, Goldman Sachs has noted that the “fiscal outlook for both Italy and the United States looks poised to go from bad to worse.” However, the … Read more
by Richard Rosso Autumn is the period of transition from summer to winter; a time of harvest. Use the season to breathe fresh perspective into your finances and prepare for … Read more
by Shaun Richards This morning has brought us a new adventure in the world of central bank Forward Guidance. The Executive Board has therefore decided to hold the repo rate … Read more
via Liz McCormick and Steve Matthews America’s worsening fiscal outlook and mounting government debt are hiding in plain sight, but that troubling mix may not get a pass from investors for much longer. … Read more
by John Rubino In a normal business cycle, the economy expands for a while and businesses hire lots of new people at somewhat higher wages, generating enough tax revenue to … Read more
by Ron Paul According to financial writer Simon Black, the federal government is spending approximately 52,000 dollars per second. This, not last year’s tax cuts, is the reason why the national … Read more
When you make dumbass laws you end up with workarounds like this. via Bloomberg: Communities in the Golden State are using a loophole and citing financial distress so they can … Read more
via Mark St. Cyr: It is the great free lunch of capitalism. Rank and file voters believe that one of the primary motivators of governmental decision making is how those … Read more
U.S. Pension Fund Collapse Isn’t a Distant Prospect. It Could Come in 5 Years Warnings about looming public pension disasters have regularly cropped up since the 1950s, pointing to problems … Read more
via Scott Minerd Summary The markets are potentially on a collision course for disaster, brought about by strong fiscal stimulus in the late stage of the business cycle. At this stage … Read more
Authored by David Stockman via Contra Corner blog, That didn’t take long. The $20 trillion national debt marker was crossed on September 8th, but it only took another 186 days to vault over … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Just add tax cuts and ballooning expenditures. The media chose to silence the report to death. “If a tree fell in a forest and nobody … Read more