Fake Optimism Won’t Last Much Longer

Photo by Jayphen Simpson From Peter Reagan at Birch Gold Group In the mainstream corporate press like Fortune magazine and the Associated Press, the desperate attempts to milk even the faintest hints of optimism continue. Here’s a taste of what I’m talking about: The unemployment …

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Doom Porn and Empty Optimism

by Charles Hugh-Smith If we can’t discern the difference between doom-porn and investing in self-reliance, then solutions will continue to be out of reach. I’m often accused of calling 783 of the last two bubble pops (or was it 789? Forgive …

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Powell Optimism Belies Data

Throwing the stock market a bone #Powell walked back his hawkish tone saying no evidence the economy is overheating. Apart from the fact that economies don't overheat from too much growth, the facts show the confidence inspired Trump bump is …

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Small business optimism survey, Private sector credit: Expectations all the more trumped up with the new tax bill, but the details show actual conditions aren’t doing so well

by WARREN MOSLER Highlights Optimism among small business owners is surging, according to the National Federation of Independent Business (NFIB), whose Small Business Optimism Index rose 3.7 points in November to 107.5, the highest level since November 2004. The monthly jump …

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