Spreading the truth. Empowering the people.
May I point out that the previous times the Fed was forced to spike repurchase agreements where associated with market excess, crashes & recessions.This here is off the charts and … Read more
Those who were killed in an explosion that caused a brief spike in radiation in northwest Russia were developing a weapon that ‘has no equal in the world,’ President Vladimir … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Sell first, ask questions later.” The $1.2-trillion US leveraged loan market is starting to get downgrade-indigestion. So far this year through October 11, of the 1,460 … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The once hot asset class of high-end student housing runs into reality. “Student housing” is no longer the spartan cramped dorm room. It’s a global asset … Read more
Recession Fears Spike To 2011 High As Risk Of Bubbles Spreads Recession fears are spreading among investors at a time when valuations across major assets are looking dangerously stretched following … Read more
via cbslocal: ROCKLIN (CBS/AP) — Perry Lutz says his struggle to survive as a small businessman became a lot harder after California voters reduced theft penalties 1 1/2 years ago. About … Read more
by WARREN MOSLER Been working its way lower and into contraction ever since the collapse in oil capital expenditures late in 2015, like a slow motion train wreck: There’s been … Read more
by Troy By some measures, the stock market’s volatility is starting to go up with the stock market itself. Does this mean that a short term spike in volatility (and short … Read more
by DCG Another self-important Hollyweird celebrity who thinks he knows what is best for the citizens of Georgia rather than the elected officials. Hey Spike, why don’t you worry about the … Read more
by Mac Slavo of SHTFplan Even though the unemployment rate is historically low, delinquencies on automobile loans have spiked to levels not seen since the 2009 Great Recession. People are increasingly failing to … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But what will happen to banks and automakers when the cycle turns? Serious auto-loan delinquencies – 90 days or more past due – jumped to 4.69% … Read more
BY JOHN RUBINO It’s a measure of modern financial markets’ absurdity that bets on bets on bets have come to seem normal. Maybe acronyms like CLO and CDO make them … Read more
INDIO, Calif. — Coachella is famous for its performances, but it’s getting some notoriety because of a record-setting surge in herpes. Herp Alert, a website that diagnoses and treats herpes, … Read more
By Robert Rapier According to data from the Energy Information Administration, during the first week of January this year the average retail price of gasoline was $2.24/gal. By mid-April, the … Read more
by Chris Vermeulen of The Technical Traders Our research team, at Technical Traders Ltd. alerted us to a Fibonacci technical pattern that is setting up in the US stock market right now. This … Read more
Walmart is quietly closing stores Walmart is closing 11 stores in the US. The closing stores include one Walmart Supercenter in Lafayette, Louisiana, and Walmart Neighborhood Market stores in Arizona, California, Kansas, South … Read more