via nytimes: The run-up in borrowing costs is a one-two punch brought on by the need to finance a fast-growing budget deficit, worsened by tax cuts and steadily rising interest rates that will make the debt more expensive. With less money …
Josh Sigurdson talks with author and economic analyst John Sneisen about the most recent news of the Federal Reserve raising interest rates once again! The Federal Reserve raised interest rates on Wednesday from 2% to 2.5%. They have announced they …
via QuantalyticsResearch: US Stocks Global stocks are inching higher this AM, ahead of today’s US Fed interest rate decision US stocks index futures are edging higher, pointing to a positive open in NY with the Dow Jones minis +0.19% S&P500 minis …
by Ron Paul of Ron Paul Liberty Report As a presidential candidate, Donald Trump correctly called the economy a “big, fat, ugly bubble.” The bubble is now much bigger, but President Trump has stamped his name on it. Interest rates are now rising. …
by Brian Maher of Daily Reckoning The Federal Reserve will almost certainly raise its benchmark rate in under two weeks — for the eighth occasion since December 2015. For a market dizzied by the helium of low interest rates, rising rates …
by Adam Taggart Here’s a frightening series of stats I posted on the site three years ago (so you can bump the percentages up a bit): A new report by Bloomberg shows that the average Wall Street trader is 30 years …
BY SRSROCCO The U.S. Government’s balance sheet is one step closer to blowing up as its debt, and interest expense hit new record highs. And when I say “new record highs,” I am not exaggerating. It’s been a while since …
via @OccupyWisdom : NEGATIVE REAL INTEREST RATES The #inflation rate above the interest rate Wage earners lose Savings deposits lose Cash holders lose Bond/Fixed income investors lose Retirees lose Most equity investors lose …and debtors lose too, bc of course THOSE rates …
Josh Sigurdson talks with author and economic analyst John Sneisen about the most recent news regarding the Canadian economy as inflation hit its highest level since 2011, interest rates skyrocket and Bank of Canada Governor Stephen Poloz gives excuses. Poloz …
by Chris Kimble CLICK ON CHART TO ENLARGE With numerous stock indices hitting all-time highs, is it possible that interest rates could be peaking? It does seem unlikely in my humble opinion. This chart looks at the yield of the 10-year …
via @OccupyWisdom : https://twitter.com/OccupyWisdom/status/1031689287203545088 https://twitter.com/OccupyWisdom/status/1031689293104902144 https://twitter.com/OccupyWisdom/status/1031689300843417603 https://twitter.com/OccupyWisdom/status/1031797564352417792
by Chris Kimble If you spend time researching market relationships you can better understand money flows, rotation, and reasons why money flows rotate. This can be very helpful in identifying trend changes as well. Today, we’ll look at the relationship between 10 …
From Birch Gold Group No surprise to anyone, the United States is in debt. Of the last 64 years, the U.S. has run a budget deficit for 62 of them. According to Newsmax, it seems like 2018 will be a year of …
via sfgate: California law strictly limits interest rates on loans of less than $2,500, and sets no numerical ceiling on interest for higher loans. But rates on loans for $2,500 or more can nevertheless be so oppressive — or “unconscionable” — …
US Spending On Interest Hits All Time High As Budget Deficit Soars To $684 Billion The US’ spending problem is starting to become a major issue. According to the latest Monthly Treasury Statement, in June, the US collected $225BN in tax receipts – …
A loan is a big financial commitment. So, don’t go unprepared when taking out a loan. The financial market can be intimating and overwhelming. But negotiating the terms of your loan are not impossible. Yes, you can negotiate the loan …
Authored by Simon Black via SovereignMan.com, In a world full of reckless and extreme monetary policy, Japan no doubt takes the cake. The country has total debt of more than ONE QUADRILLION YEN (around $10 trillion) pushing its debt-to-GDP ratio to a …
by John Rubino The yield on Italy’s 10-year bond is up by about 100 basis points from its 2018 low. Meanwhile, its government continues to borrow money and roll over its existing debt. But now it has to do so …
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent comments made by The Bank of Canada’s Stephen Poloz regarding the continued rise of interest rates. According to Poloz, if you don’t like interest rates going up, …
by Thinker Barclays is facing a court battle over hundreds of millions of taxpayer pounds after 14 local councils filed a mass legal action against the bank. Greater Manchester, Bristol, Liverpool and Leeds are among the local authorities accusing the …
Despite unprecedented #ZIRP for nearly a decade, personal interest payments remained sky high. Interest payments now exceed previous 2008 peak. Chart from @dlacalle_IA 1/Convince teens they need college (they don’t) 2/Make predatory loans to non-creditworthy young adults 3/Risk only to …
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 …
by Adam Taggart I didn’t have room in the above article for this chart, but it’s one that has stuck with me since I saw it when first published in 2015. Very few professionals left on Wall Street have any meaningful …
by Michael Snyder If the Federal Reserve really wanted to hurt the U.S. economy, the quickest way that it could do that would be by aggressively raising interest rates. Lower interest rates make it less expensive to borrow money, and therefore …
BY SRSROCCO The total U.S. public debt hit a new record high of $21.145 trillion on the last day in May. As the U.S. debt increased, so did the interest expense which jumped by more than $26 billion in the …
Money manager Peter Schiff issues a stark warning, “This is not going to end well, and I don’t think the Fed is going to be able to save us again. If you get it wrong this time, you’re done. You …
BY JARED DILLIAN I’ve said this many times. When rates go up sharply, stuff blows up because lots of people are negatively exposed to higher rates. Households, corporations, and governments are all negatively exposed to higher rates—in different degrees. Back in 1994, …
Josh Sigurdson talks with author and economic analyst John Sneisen about the risks the Canadian housing market are seeing as the bubble continues to gain pressure all while interest rates rise. Prices have been rising dramatically in many local housing …
via Palisade Research: When interest rates on credit card debt get raised, the default aftershock isn’t felt immediately. It takes a few cycles of debt compounding on compounded debt for the final coffin nails to get pounded into a strapped …
by Martin Armstrong QUESTION: Mr. Armstrong; I listened to your interview with Greg Hunter on USA Watchdog. For the first time, I really understand that debt is money that pays interest. That is the real money supply which is leveraged. It is the …