by Chris Black Financial systems are deliberately and maliciously designed to feature booms (sowing the wind) and busts (reaping the harvest produced by laborers). The systems are designed to concentrate wealth in as few hands as practicable. The people who …
via businessinsider: The global economy has entered a period of elevated volatility, and previous investing approaches won’t work anymore, BlackRock said. A recession is imminent but central banks won’t be able to support markets this time by loosening policy, according to …
by Ryan McMaken of Mises Institute Money supply growth fell again in October, dropping to a thirty-nine-month low. October’s drop continues a steep downward trend from the unprecedented highs experienced during the thirteen months between April 2020 and April 2021. During that period, …
Authored by Lance Roberts via RealInvestmentAdvice.com, After 12 years of a liquidity-fueled, Fed-induced bull market, are the markets set to start another “secular” bear market? In an interview with the Financial Times, Boaz Weinstein, founder of Saba Capital Management, suggested such. “There isn’t a …
via businessinsider: Michael Burry has predicted the US economy will suffer a multiyear recession. The ‘Big Short’ investor sees no way for authorities to end the downturn early. Burry has warned consumers will virtually exhaust their savings soon, tanking the …
via WSB: I’m an old timer here — been a member of wsb through the last 12 recessions. In case it’s not clear how it will unfold, or anyone thinks there’s a chance we will have a soft landing, heres …
Financial stability during a recession can be difficult but not impossible. Because of the uncertainty that can happen during this time, it’s important to have tools in place to protect the things that matter most, like your investments, family, and …
via morningstar: Even as stock investors cheer signs of inflation peaking, the bond market’s best-known predictor of recessions is showing its clearest signal yet that there is trouble ahead for the US economy. It’s known in Wall Street lingo as an …
Jeff Bezos, Elon Musk, and Charlie Munger have flagged the risk of a US recession. Carl Icahn, Jamie Dimon, and Ken Griffin are also bracing for a painful economic downturn. Here are 12 recession warnings from top executives, investors, and …
10s-2s Yield Curve now at ….. -0.702% ⚠️ https://t.co/cjQRCrLm15 pic.twitter.com/YxcqYPjWZo — Ayesha Tariq, CFA (@AyeshaTariq) November 18, 2022 Thank goodness Yellen the Felon has assured us there will be no new financial crisis “in our time.” Ivan, can you go …
Home Builder Buyer Traffic just hit early-2008 Levels.📉 I'm not sure people have fully grasped how bad this Housing Recession/Crash is. pic.twitter.com/M4QTuwO9Yx — Nick Gerli (@nickgerli1) November 16, 2022 Many of these same stubborn sellers existed in 2007-08. Thinking that …
by BoatSurfer600 Source: https://www.cnbc.com/2022/11/18/carvana-to-lay-off-1500-employees-amid-economic-uncertainty-.html https://twitter.com/ThisIsREngland/status/1592592277116854277 Amazon CEO Andy Jassy says layoffs will continue into next year Amazon will continue to lay off employees in the coming year, CEO Andy Jassy wrote in a memo to workers on Thursday. The company began …
by Martin Armstrong Retail relies on the holiday season for the bulk of its revenue. In fact, a quarter of all retail spending in the US occurs in the last two months of the year. Numerous retailers have already downgraded …
Jeff Bezos warned the US economy is likely to slump in a painful recession. Amazon’s billionaire founder advised consumers and businesses to delay purchases and stockpile cash. Bezos recently suggested it was time to “batten down the hatches.” Jeff Bezos …
by Martin Armstrong People are simply not prepared for a sharp economic downturn. The Money and Pensions Service conducted a poll in the UK in which it found around 25% of adults have under £100 in savings. The 3,000-person survey found that …
JUST IN – Eurozone and UK set to fall into recession this winter. — Disclose.tv (@disclosetv) November 11, 2022 via BBC: The UK economy shrank between July and September as the country heads into what is expected to be the …
Sydney real estate: regions suffer six figure price drop as borrowing power plummets Existing home sales are collapsing fast The housing market lost a record $1.3 trillion in equity in the 3rd quarter as prices continue to fall, …
by Graham Summers of Gains, Pains, & Capital Great news… the economy recovered in Q3! According to the Bureau of Economic Analysis (BEA), the U.S. economy grew at an annual rate of 2.6% in 3Q22. So all of our concerns about a recession …
The global economy is stumbling. And not just for financial reasons like the increasing cost of debt. Supply chains remain compromised. We are still having material challenges in both producing and distributing real physical goods across oceans and continents. This …
*ECB'S KAZAKS: EURO-AREA RECESSION IS BASELINE SCENARIO<- first time an ECB GC member says that the recession is baseline Followed up by… *ECB'S KAZAKS: INTEREST RATES WILL NEED TO RISE MUCH HIGHER It doesn't get much more hawkish than this …
by Boo_Randy Brits who levered up on debt to get up on that “housing ladder” – and bought into the most insane housing bubble in human history – are going to be experiencing severe rectal trauma. If you must squeal …
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday’s preliminary Q3 GDP data release showing that real GDP grew by 2.6%, following two quarters of consecutive decline.
https://www.bloomberg.com/news/articles/2022-10-28/fed-seen-aggressively-hiking-to-5-triggering-global-recession Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a US and global recession, economists surveyed by Bloomberg said. …
Royal Bank of Canada has predicted that there will be a modest recession in Canada 2023. Their newest prediction is that this decline will start in the first quarter of next year. Increased costs and interest rates will reduce the …
by Daniel Lacalle via Mises Governments and central banks have become the lender of first resort instead of the last resort, and this is immensely dangerous. Global debt soars, inflation creeps in, and many of the so-called supply chain disruptions are the result …
by BoatSurfer600 The Leading Economic Index, published by the Conference Board, is now below a threshold that the group says is a recession signal. The index has 10 components that it is based on, including stock market performance and initial …
