Wall Street, Banks and Angry Citizens – The post-Great Recession economic “recovery” was largely reserved for participants in financial markets, not the majority working longer hours and multiple jobs, writes Nomi Prins.

via consortiumnews: The financial crisis of 2008 initially fostered a policy of bailing out banks with cheap money that went not into Main Street economies but into markets enriching the few. … Read more

Recession ahead?

Average weekly *hours YoY vs. Retail Sales YoY pic.twitter.com/AIU2Glxucr — Teddy Vallee (@TeddyVallee) December 7, 2018 ECRI U.S. Weekly Leading Index growth edged down to -4.1%, a 144-week low. #economy … Read more