via Megan Henney The U.S. economy is beginning to show signs that it’s ready to roll over into the next recession, according to David Stockman, the former budget director for President Ronald Reagan — and if you have money invested in …
via Sean Williams Chances are that if you invested at any point during the Great Recession, you’re sitting pretty right now, assuming you’ve held onto your positions. The U.S. economy is in the middle of its second-longest economic expansion in history, going …
by stockboardasset States deploy reserves and balances to manage budgetary uncertainties, deal with revenue forecasting mistakes, prevent severe spending reductions or tax increases when there are unexpected revenue shortfalls, and cope with unforeseen emergencies. Because reserves and balances are essential to …
By Bob Shanahan The U.S. economy grew even faster during the second quarter than what was initially reported. New numbers reveal a larger bump in corporate spending. The Trump/GOP tax cuts helped jumpstart the economy from April to June this …
https://www.youtube.com/watch?v=f1yllMGIjPQ Today’s Guest: Michael Pento Website: http://www.pentoport.com/
via Ann Saphir A narrowing gap between short-term and long-term borrowing costs could be signaling heightened risk of a U.S. recession, researchers at the San Francisco Federal Reserve Bank said in a study published on Monday. The research relies on an …
via daily times St. Louis Federal Reserve Bank President James Bullard on Friday raised new alarm bells over the US central bank’s plan to keep raising interest rates, warning that even one more rate hike could set the stage for …
Donald Trump’s chief economic advisor says the end of the bull market is nowhere in sight. But what did he say in 2007 and 2008? https://www.youtube.com/watch?v=r9NPeDLbCyo
The Case for a 50-Year Bull Market https://www.barrons.com/articles/the-case-for-a-50-year-bull-market-1534550401?mod=trending_now_4 Here are a couple of historic magazine covers. https://www.financialsense.com/sites/default/files/users/u163/images/2012/0504/01-dow.jpg https://www.financialsense.com/sites/default/files/users/u163/images/2012/0504/02-businessweek.jpg h/t MakeTotalDestr0i
via OLI SMITH The Turkish lira crisis has continued to spiral out of control, after a rating agencies predicted a recession within a year – prompting European allies to look at giving support to Recap Tayyip Erdogan. The Turkish lira crisis will push …
https://twitter.com/OccupyWisdom/status/1030642554814050304 https://twitter.com/OccupyWisdom/status/1030642562405683202 https://twitter.com/OccupyWisdom/status/1030642573306671104 https://twitter.com/OccupyWisdom/status/1030642578335653888 https://twitter.com/OccupyWisdom/status/1030846436513128449 https://twitter.com/OccupyWisdom/status/1030846447321837568 https://twitter.com/OccupyWisdom/status/1030846455592960001
UMich sentiment slumps to all time lows, people are putting their spending plans on hold. The entire system has been breaking down since 2008. The central bank created an illusion to make each and everyone of use believe the economy …
via Charles Gave While the Trump administration may crow endlessly about how swell the economy performed last quarter, that 4.1% GDP print will quickly become a wistful memory.” -BERNARD BAUMOHL, Economist at the Economic Outlook Group Towards the tail-end of July, …
A decade now after the 2008 financial crisis, the cultural and psychological imprint that it left looks almost as deep as the one that followed the Great Depression. Its legacy includes a new radical politics on both the left and …
via WallStreetOnParade : Total U.S. Household Debt and its Composition as of First Quarter 2018 (Source: NY Fed) By Pam Martens and Russ Martens: August 6, 2018 ~ Approximately two-thirds of U.S. gross domestic product (GDP) derives from the consumer. …
by Daniel Carter We are coming up on the longest economic expansion in recorded history, which means we should all be acutely aware of anything that might derail it. The permabull will tell you that economic expansions don’t die from old …
I totally forgot to mention it but the “bankers predicting” refers to a report I’ve showed you here for before. It was either a chart from Morgan Stanley or BOAML. They suspect that everything will reverse by the end of …
by AMY S. What is a recession, after all? To take some ambiguity away from what a recession really is, let’s define it. A recession is most commonly defined as two consecutive quarters of declines in quarterly real GDP. The National …
From Kitco: Energy consumption, particularly natural gas, is more of a consumer staple than discretionary item, and is thus less likely to be affected by an economic downturn, said Richard Cottee, CEO of Central Petroleum. Continue reading at Kitco…
via ROBIN WIGGLESWORTH Next summer the current US economic expansion will become the longest in history, but it will still pale next to the runs of some other major countries. What nurtures long bouts of growth, and could the US enjoy …
BY PATRICK WATSON Americans may be bitterly divided on everything else, but we all agree on one thing: We love our dogs. Our cats, too, plus a few other companion species. We’ve made them part of the family. I think …
via Amy Ganz Renowned Harvard professor and economist Martin Feldstein said the Federal Reserve would not be prepared if a recession were to occur soon. Feldstein told FOX BusinessOpens a New Window.’ Maria Bartiromo during an interview on “Mornings with MariaOpens a …
via @pattidomm The Fed’s next rate hike and its commitment to keep hiking rates could cause the closely watched Treasury yield curve to invert— or flip—with shorter term rates rising above longer term rates. That so-called inversion is a sign of …
via BBG Federal Reserve Bank of Minneapolis President Neel Kashkari wrote in a post “there is little reason to raise rates much further, invert the yield curve, put the brakes on the economy and risk that it does, in fact, …
via PAUL KASRIEL The current level of the federal funds rate is 1.92%. As of June 13, 2018, the median estimate of Federal Open Market Committee (FOMC) members of the appropriate federal funds rate by the end of 2018 was 2.40%. …
“Eurodollar curve inverted e.g. in 2020 (Dec20 vs Dec!9). Since the start of the Greenspan era in 1987 this has either preceded a US recession, a pause in the Fed’s hiking pace, or both,” h/t @enlundm https://ndea.mk/2NiABOW People want to …
https://www.youtube.com/watch?v=USywndR0Eik We’re seeing the markets building, but could wall street be setting up the markets to crash before the midterms? Trump has been wildly successful with the economy, but China seems threatened by this.
The incoming #recession may materialize at an accelerated pace due to the fact that post-2008, we never really had a recovery. We had anemic, depressed growth at the periphery of the zero bound. Easier to fall from 1-2% than 5-6%. …
https://www.youtube.com/watch?v=XCOfy0Patxc Today’s Guest: David Quintieri Website: The Money GPS http://themoneygps.com
via Cormac Mullen Baa rated corporate bond premiums have risen above 2% Less-followed indicator ‘should not be ignored,’ Paulsen says One gauge of recession risk with a “pretty good” track record over the last half century has just raised a cautionary signal, …