The markets are down again today after another wild session. Crude oil was volatile as well as the spreads begin to widen between US and Canadian crude. Apple got hammered down again and is now in a bear market at …
from Financial Survival Network Danielle Park joined us to discuss peak interest rates and the impending economic slow down. This might not be the beginning of the long awaited recession, but it certainly means that we’re getting closer. The problem is that …
via hotair: Fisher, like many other experts, attributes the sex decline to a decline in couplehood among young people. For a quarter century, fewer people have been marrying, and those who do have been marrying later. At first, many observers figured …
NEW YORK (AFP) – After years of low, low prices, fed by near-zero interest rates in a convalescing economy, Americans are waking up to costlier consumer living. Everyday household staples like diapers, toothpaste, shampoo and dishwashing liquid — not to mention …
via Yahoo: Sometimes in life it’s the smallest things that speak the loudest. Take the Russell 2000 (^RUT), the one-time darling among investors following the election of President Donald Trump. The small-cap index has severely underperformed the Dow Jones Industrial …
by Charles Hugh-Smith Isn’t it obvious that repeating the policies of 2009 won’t be enough to save the system from a long-delayed reset? 2019 is shaping up to be the year in which all the policies that worked in the …
via UPFINA It seems like almost every new data point on housing shows weakness. That’s because even though millennials are entering their prime age for home buying, starter homes have become unaffordable. Housing prices for houses less than 75% of …
by Jesse Colombo After selling off this summer, copper has been consolidating over the last couple months and appears to be forming a wedge-type pattern that may indicate another strong move when the metal breaks out from it one way …
Authored by Kenneth Rogoff, op-ed via The Guardian, Analysts say a Chinese recession would only hurt the region. That may be wishful thinking… When China finally has its inevitable growth recession – which will almost surely be amplified by a …
https://www.youtube.com/watch?v=bb04pr3hXYo A Swiss bank, the biggest Japanese carmaker and a British defence giant are among foreign-owned firms giving millions of dollars to the Republicans and Democrats in the midterms… And that’s despite foreign donations being banned.
via axios: Cracks are beginning to show in a booming economy that’s on pace for a 10th year of continuous growth. Why it matters: There’s plenty of good news — today’s jobs report showed unemployment holding at a stunning 49-year low, for instance. …
https://twitter.com/OccupyWisdom/status/1058198222630469633 Buyback announcements in: Q1: $242bQ2: $437bQ3: $156b .. via @TrimTabsIR https://t.co/0sf7XqIeO8 — Carl Quintanilla (@carlquintanilla) November 2, 2018 3-month U.S. Libor rates have surged to a new post-crisis high, of 2.54%, more than double where it was last year. …
by Fabius Maximus Summary: This month’s sharp drop in stock prices has raised fears about the US economy. Are they warranted? Is the expansion “old”? How can we predict the next recession? See the answers you won’t find in the news. …
Image: Pixabay.com There are legitimate concerns that another recession, coupled with a bearish market for stocks, is on the horizon. Recessions are part and parcel of the global economic cycle. There will always be periods of uncertainty where financial investors …
by Shaun Richards A feature of bond market and debt crises is not only how far the market falls but how long it lasts. This is because as the majority and sometimes vast majority of debt issued has a coupon …
From Birch Gold Group In the 1980’s amidst out-of-control inflation, former Fed chairman Paul Volcker employed a controversial economic strategy of using high interest rates to end it. In that case, the economic band-aid called “The Volcker Rule” worked. He’s 91 …
by Lance Roberts In yesterday’s post, we discussed the importance of the S&P 500 as a leading indicator of recessions in the U.S. “The problem with making an assessment about the state of the economy today, based on current data …
by Lance Roberts There has been lot’s of analysis lately on what message the recent gyrations in the market are sending. Is this just a correction in an ongoing, and seemingly never-ending, bull market? Maybe. Anything is possible. Or, is …
via Ben Leubsdorf The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters …
Is China already in a recession? About half of Chinese equity sectors have lost over 40% of their value in the last year. Just like 2015, the PBOC should soon come to the rescue making another yuan devaluation inevitable; but …
by Charles Hugh-Smith Here’s the difference between a recession and a depression: you can’t get blood from a stone, or make an insolvent entity solvent with more debt. There are two basic differences between a recession and a depression: 1. …
via @MFoxCNBC Investors should brace themselves for a significant stock market correction, as well as a recession in the first half of next year, warns investor Mark Yusko. In fact, he says, fair value for equities would be down about 40 …
Here is today’s articles mentioned in this news update: 1. Trillions in US net worth vulnerable to recession: IMF https://www.france24.com/en/20181010-… 2. The Next Recession Could Happen Sooner Than We Think https://www.forbes.com/sites/randybro… 3. When the Next Recession Hits https://newrepublic.com/article/15163… 4. The …
via Schiff If you listened to Friday’s podcast, I mentioned that I thought I would probably be doing a lot of podcasts this week. I did one yesterday, and I am doing another one today because my feeling about the …
by Michael Snyder The mood of the mainstream media is really starting to shift dramatically. At one time they seemed determined to convince all of us that happy days were here again for the U.S. economy, but now some mainstream …
by Hypetents I think people don’t know we never recovered from the last one, depending on how you define “recover”. Like the media talks about jobs but they don’t talk about how those are shit service jobs with low pay. The …
In your opinion, will central banks continue their QUANTITATIVE TIGHTENING policy? If we understand the current function of central banks, we can analyze their actions and thereby determine future events. If they change course, so will the events. We have …
by TheCrunk1 The telegraphing couldn’t be clearer, we are being prime for RECESSION 2020. In the middle of this year, world economists being stating they are concerned of a coming recession, maybe by 2020. Now the mainsteam media have been …
via RecessionAlert.com There is a lot of focus on the U.S. yield curve at the moment given its relentless move toward inversion (when short-term rates are higher than long-term rates). Can the history of the yield curve provide for useful forecasting …
75% of the ultra-rich forecast a US recession in the next two years, survey finds from CNBC. Of those expecting an economic downturn in the U.S., a fifth of respondents — 21 percent — believe it will begin in …