Financial writer John Rubino says no matter what country, the global debt has exploded to record highs, and it’s going to go even higher in the coming years. Rubino says, “All we have left is to wipe the slate clean …
Corporate Debt Is Reaching Record Levels “U.S. corporate debt has climbed to roughly 46% of GDP, the highest level on record. Observers worry that highly leveraged companies could pose a threat to the global economy, especially if growth slows and …
Corporate Debt Is Reaching Record Levels In the aftermath of the financial crisis, a swath of individuals and families began a long and painful deleveraging process. Businesses, meanwhile, quickly moved in the opposite direction—loading up on cheap debt to the …
It’s quite simple. Central banks create a system that ensures individuals purchasing power will be destroyed. They continuously feed this system and through generations, the problems are only magnified. People accumulate debt at varying levels of interest over their lifetimes …
The stock market has found itself on shaky ground. Many investors have piled on and bought the dip. With nearly a decade of bull market behind them, investors feel very confident about many more years of growth ahead. Unfortunately, they …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Forced selling by loan funds in the once red-hot $1.3-trillion “leveraged loan” market. Part of the $1.3 trillion in “leveraged loans” — loans issued by junk-rated overleveraged companies — end up in loan mutual funds and …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Forced selling by loan funds in the once red-hot $1.3-trillion “leveraged loan” market. Part of the $1.3 trillion in “leveraged loans” — loans issued by junk-rated overleveraged companies — end up in loan mutual funds and …
The National Instant Criminal Background Check System said that it rejected 7,836,600 planned purchases from “illegal/unlawful alien” in 2018. And that was at the end of November. Christmas purchases of guns are typically high and were not included. (Screenshot via NICS) MORE: …
Federal shutdown begins after lawmakers fail to reach deal WASHINGTON (AP) — A partial federal shutdown took hold early Saturday after Democrats refused to meet President Donald Trump’s demands for $5 billion to start erecting his cherished Mexican border wall, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The vengeance of share buybacks: buyback queen Apple plunges. In the third quarter, share buybacks by S&P 500 companies totaled $203.8 billion, according to S&P Dow Jones Indices today. These are actual buybacks, not hyperventilated announcements …
Investors rush into bonds in record numbers as global economic outlook falls to worst in 10 years “This month’s survey [found] the biggest ever one-month rotation into the asset class” of bonds, Bank of America Merrill Lynch says. The monthly …
If you are hankering to be one among millions this holiday, do not bother with the shopping malls, just head to the airport, where nearly 46 million people will mix travel anxiety with Christmas anxiety and a tad of family-get-together …
Here is today’s articles mentioned in this news update: 1. U.S. Student Loan Debt Sets Record, Doubling Since Recession https://www.bloomberg.com/news/articl…
via Bloomberg: The Bloomberg analysis found that loans issued about six years ago have the highest cumulative loss percentage compared to any other year since the financial crisis ended. This indicates that students who took a loan in 2012 have …
via Sunny Oh Investors fled U.S. equity funds at the fastest pace on record in the week ended Wednesday, according to data from Lipper. More than $46 billion was redeemed from U.S. stock mutual funds and ETFs between Dec. 5 …
President Trump is fighting every day for ALL Americans. Last year alone, 1 million of our citizens were lifted out of poverty—a new record. pic.twitter.com/Zs3WRtrpqe — The White House 45 Archived (@WhiteHouse45) December 12, 2018 The US Census Bureau dropped …
NEW YORK (CBSNewYork) – AAA is predicting that this holiday season will be a record-breaking year. WEB EXTRA: Read AAA’s complete travel forecast (.pdf) Numbers released Thursday morning show that 112.5 million people are expected to be traveling in the air and …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter On Tuesday, the US KBW Bank index, which tracks the largest 24 US banks and serves as a benchmark for the banking sector, dropped 1.2%, the fifth day in a row of declines, to the lowest …
by Martin Armstrong China is also experiencing the coldest day record during December 6 below zero C. Snow is falling in Beijing to Shanghai. It has been in the 70s in Abu Dhabi and in Tampa Florida, so the cold …
by Alexander Trigaux, Editor, GoldSilver It stands to reason that if we have indeed been experiencing an Everything Bubble, we will experience an Everything Collapse. According to Deutsche Bank and Bloomberg, more asset classes have fallen in unison this year …
Why do you think oil is falling? Is there too much right now? Or is there something going on behind the scenes? The price of oil has climbed higher on the supposedly positive news coming out of the U.S …
https://www.youtube.com/watch?v=n9by-2y6eww Hillary thinks that by running for president again..that money will start pouring back into the Clinton foundation again …by other world leaders and corrupt elites as they donate millions to Hillary in order to get favors onces Hillary’s. elected …
Steven Beyer for the Western Journal reports, Chick-fil-A is firing back after Rider University has said it does not want the fast food chain to appear on its campus due to Chick-fil-A’s Christian values. https://www.youtube.com/watch?v=KRUdwp4ny5w Read More/Source/Credit/FairUse: https://www.westernjournal.com/chick-…
“Suddenly America is the largest oil producer, that was me, people… Have you checked where your stocks were when I came in office and where they are now? … Just say thank you, please.” – Obama VIDEO: “Suddenly America is …
via tribune.com.pk: Gold prices in Pakistan shot up to a record high at Rs63,700 per tola (11.66 grams) on Friday as people turned to the precious yellow metal, which is considered a safe haven for investment, ahead of likely return of …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Total US business debt has surged to $32 trillion, three times as big as household mortgage debt, and over twice as big as total household debt. In 2008, the $10 trillion in mortgage debt was one …
NASA data show that global temperatures dropped sharply over the past two years. Not that you’d know it, since that wasn’t deemed news. Does that make NASA a global warming denier? Writing in Real Clear Markets, Aaron Brown looked at …
I was wondering how long it would take for media outlets to start with the “Record Cold Thanksgiving caused by Global Warming” headlines, your answer less than 24 hours. They state CO2 is to blame, and summer will be hotter, …
Northeast Coldest Thanksgiving on Record? At a Glance An arctic air mass will engulf the Northeast late this week. Some cities may see their coldest Thanksgiving Day on record. Low temperatures will be 15 to 25 degrees below average. Another …
https://www.youtube.com/watch?v=u31PZU3SRWI Terrence P. Jeffrey for CNS News reports, The federal government collected record total tax revenues of $252, BILLION in October, the first month of fiscal 2019, according to the Monthly Treasury Statement released Tuesday. Read More/Source/Credit/FairUse: https://www.cnsnews.com/news/article/… …