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via Zerohedge: For the fifth month in a row, US total cross-border investment was an outflow (-$7.8bn) – the longest streak of outflows since 1982… Additionally, Foreign official institutions (central banks and … Read more
Many Americans say their financial situation is worse since the Great Recession The Great Recession has been over for a decade. Yet many people’s finances haven’t recovered from the recession’s … Read more
It was a doozie, but it shouldn’t have come as a surprise. Here’s why. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Production output in the UK dropped by … Read more
via confoundedinterest: Welcome to the Land of … Jumbos and All-cash! Aka, Orange County, home of surfing legend (and Realtor) Bob “The Greek” Bolen. But Orange County has just experienced their slowest … Read more
via Zerohedge: Amid the celebrations that the impromptu US trade war with Mexico may be canceled, or at least postponed, one may be excused to forget that relations between Washington … Read more
By Nick Cunningham Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the swoon might suggest, but the supply and demand … Read more
via UPI: More than 60,000 workers were laid off in March, topping off the worst quarter for job cuts since 2015, outplacement firm Challenger, Gary & Christmas reported. The 190,410 job … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter A slew of reasons, the China debacle on top. Global semiconductor sales dropped 14.6% in April from April last year, to $32.1 billion, on a three-month … Read more
by Hhdhdbdnenen take any of the extremely partisanarticles from a CNN website and just research them a little bit and you’ll see that most of what CNN claimed isn’t actually … Read more
“May saw US manufacturers endure the toughest month in nearly ten years, with the headline PMI down to its lowest since the height of the global financial crisis. New orders are … Read more
by: Ethan Huff (Natural News) It’s every young person’s dream come true: no more grades in school! Because some students are apparently getting “offended” or having their feelings hurt by receiving … Read more
by DCG Washington Gov. Jay Inslee speaks, Thursday, Feb. 2, 2017, at the Capitol in Olympia, Wash. Inslee was urging the passage of bills enforcing safe gun storage and enhanced … Read more
by Tom The United States has spent $7 trillion and impoverished it’s citizens fighting global oil wars that have killed 6 million people. The damage from these wars has destroyed … Read more
The gap between 10-year & 3-month U.S. yields just went the most negative since 2007. pic.twitter.com/T2hIdxdwft — Lisa Abramowicz (@lisaabramowicz1) May 28, 2019
Job cuts in the auto industry are now the highest since the recovery began, according to BofAML. (And has started to show up in monthly NFP data) pic.twitter.com/jNfuPmvXoo — Tracy … Read more
The economy is an interesting thing. You generally hear the same statistics over and over again. The fake unemployment rate, the wonderful consumer confidence, and everyone’s favorite, the GDP. Now … Read more