Unpaid rent is piling up. Landlords can’t hold on forever
Millions of struggling renters caught a much-needed break when the federal moratorium on evictions was extended through the end of March. But for many landlords across the US, the news
Millions of struggling renters caught a much-needed break when the federal moratorium on evictions was extended through the end of March. But for many landlords across the US, the news
by Frank Holmes, CEO, U.S. Global Investors If I asked you how many hospital beds the U.S. has, what would you say? Two million? Five million? Try 924,000. That’s right:
A very evident sign that an economic collapse is coming is the happening of the Big Short. With hundreds of bankruptcies happening in the retail sector, malls are in jeopardy.
Retail bankruptcies are piling up at a record pace, via @joshfromalaska "Five filed in the first two weeks of July, matching the record for a month with more than two
“I don’t think we’ll have a long-lasting Great Depression…. But we may have a different kind of a mess. All this money-printing may start bothering us.” By Wolf Richter for WOLF STREET. There
New video (not mine) from #NYC where bodies of the victims of #COVID19 line the sidewalk outside a hospital for transfer to a mobile morgue unit. #NewYork #coronavirus #FlattenTheCurve #CoronaUpdate
The idiots just keep piling up. It is totally healthy that the markets gave up 4 years of growth in 1 month. 200 of the S&P 500 companies cannot pay
by Frank Holmes, CEO, U.S. Global Investors U.S. factories rebounded strongly in February, suggesting the manufacturing recession may finally be behind us after the industry contracted for six straight months.
Great chart for the MMT people to consider. Took 235 years for USA to get to $10T in debt, then just 10 yrs to get to $23T. In that 10
In this episode, I address the disturbing new tactic being used by sleazy Adam Schiff to attack his political opponents. You may be next if Schiff’s tactics go unchallenged. I
by Chris Marcus via Arcadia Economics Last week the Department of Justice not only charged several JP Morgan traders with manipulating the market, but even invoked the RICO act, which is traditionally reserved
by Lance Roberts Factory new orders are down year-over-year and barely afloat excluding transportation. Inventories are a concern. The monthly report on Manufacturers’ Shipments, Inventories and Orders, shows strong signs of
by goldsilver Wall Street has become a culture dominated by traders. Their zeitgeist on any particular company/asset can set the direction of a trade for months or years. And, there’s only
by Tom McClellan The Treasury Bond blowoff which is currently underway is dragging along the high-grade corporate bonds due to the coattails effect. That is leading to really strong numbers for
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The government already owes over $22 trillion, and it’s adding over $1 trillion a year. Who is buying it, and why? (12 min). You can also listen to
By Nick Cunningham Oil prices jumped to five-month highs this week, pushed higher by a bullish cocktail of supply outages, geopolitical unrest and a sputtering shale sector. The most recent