Canada is in the most debt ever in history. There has never been a time in which Canadians have accumulated this much mortgage, credit card, auto loans, personal line of credit, and every other form of debt ever. It’s the …
Since 2015, the proponents of neoliberalism have been pushing ahead with their plans for open borders and globalist agenda without the consent of the people. The last 365 days saw that destructive agenda greatly challenged… The Financial Times’ ‘person of …
via Pedro Nicolaci da Costa U.S. corporate debt levels have again surpassed their pre-crisis peaks of $6 trillion, raising widespread concern that, as the Federal Reserve raises interest rates, some firms could run into financial trouble. “We think corporate debt is a …
from Zero Hedge With US consumers suddenly dreading to see the bottom line on their next 401(k) statement, they now have the housing market to worry about. As interest rates spiked in the past month, one direct consequence is that U.S. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Asset-price inflation feels good to asset holders – until it doesn’t I was asked two important questions in this mind-boggling era of QE: The Bank of Japan has monetized 50% of its national debt; so why …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Ironically, after having lamented the flattening yield curve for a year, soothsayers are now lamenting the steepening of the yield curve. On Friday, capping a rough week in the US Treasury market, the 10-year yield closed …
Hurricane Florence Rapidly Intensifying, Likely to Hit North or South Carolina Thursday Florence has rapidly intensified into a dangerous Category 4 hurricane, and appears destined to strengthen even further as it heads towards the Southeast U.S. Coast. Florence is likely …
From Bloomberg: Short positions against the so-called FAANG group of the largest U.S. technology stocks have surged by more than 40% in the past year as investors bet against some of the biggest drivers of the global bull market. Bearish investors …
#China #EmergingMarkets #Gold Chart fr. ZH. The Fed has been hammering Chinese banks, that have borrowed $2T short in the offshore interbank market & lent long domestically, with higher rates & now DX. $200B tariff list clear notice of less …
An excessive increase in loans for households is never a good sign. Heather Turner and her husband needed a few thousand dollars to jump-start the adoption of a teenager from Ukraine, and their timing was good: Lenders led by …
by Jeff Clark, Senior Precious Metals Analyst, GoldSilver As gold dealers, one of the more common questions we get is, “When will gold and silver prices take off again, like they did in 2001 and 2009?” In other words, investors …
By Bob Shanahan I really hope this article doesn’t depress you as it did me while I was researching it. But this is an important subject that must be discussed and properly dissected. Here’s a shocking and telling …
The White House is aggressively stepping up its fight for tighter border enforcement, blaming former President Obama’s “catch-and-release” policies and legal loopholes promoted by congressional Democrats for the surge in fraudulent asylum claims and youth smuggling into the U.S. “When …
via Khaleej Times: The US Dollar Index’s 4.5 per cent rise since mid-April has myriad causes. One, the Italian election annihilated the political center and produced the worst possible coalition scenario of the far left (Five Star) and the far right …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The US is a net exporter of gasoline, regardless of how much you pay at the pump. The average price of gasoline in the US, across all grades and all formulations, rose to $3.00 a gallon, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Transportation Boom after the Transportation Recession. The Cass Truckload Linehaul Index, which tracks per-mile full-truckload pricing but does not include fuel and fuel surcharges – and therefore is not impacted by surging diesel prices – jumped 8.2% …
by FS According to the Game Plan for Late-Cycle Investing, as the economy moves towards its latter stages, commodities tend to outperform equities and other asset classes. Frank Barbera—market technician, portfolio manager, and editor of the Gold Stock Technician newsletter—believes we’re …
Authored by Jesse Colombo via RealInvestmentAdvice.com, Four years ago, I wrote a piece for Forbes called “This New Libor ‘Scandal’ Will Cause A Terrifying Financial Crisis,” in which I explained that the “real” Libor scandal wasn’t the Libor rigging scandal, but the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Shipment volumes in the US by truck, rail, air freight, and barge combined surged 11.9% year-over-year in March, according to the Cass Freight Index. This pushed the index, which is not seasonally adjusted, to its highest …
by DCG Wait until you read what the police blame this on…seriously. From Fox News: London became a bit more like New York City in February, but it’s not a distinction to be proud of. The city of Big Ben and the …
In a March 12 press release SAF founder and Executive Vice President Alan Gottlieb welcomed the influx of younger members and donors. He observed, “It’s important to note, that this interest surge has been organic on the Internet. SAF did …
h/t @StockBoardAsset WEALTH EFFECT DEFECT Small business optimism
Consumer prices jump much more than forecast, sparking inflation fears The Consumer Price Index, a key indicator of inflation trends, jumped 0.5 percent in January, well above market expectations. Markets reacted sharply to the news, with stocks sliding and government …
by stockboardasset According to the Wall Street Journal, a surge in carjackings in Chicago has led to the highest number of car thefts in more than a decade, terrifying residents who are often traumatized about the explosion in homicides and shootings over …
By Chris Black I know what you’re thinking: how on Earth a left wing-hard-core-progressive company, which enables social justice, censors conservatives, alters trends and bans people randomly for illusory “crime-think” can make profits? Well, Twitter just proved it possible, after …
https://www.youtube.com/watch?v=nG6c0r4JxXs Corrections or pullbacks are all manipulated just like the entire markets. This psychological game geared for the insiders to always win will fall on cue so any trading is all guesswork unless you work behind the scenes with inside …
https://www.youtube.com/watch?v=G5x52gbFz-4 ICE Director Says 9th Circuit Court Is Causing Another Surge in Illegal Immigration
by Egon von Greyerz The world is now between Scylla and Charybdis or between two evils. Thus, there is no solution or positive outcome of the present state of the world economy. Scylla is the rock or the six headed …
At least 18 people have been killed so far in the cold strea temperatures over the next few days, the National Weather Service (NWS) has warned. “While conditions have begun to improve across the northeastern US, the arctic surge is …
by stockboardasset Despite all the chatter surrounding the ‘globalized synchronized growth’ narrative rocketing equity markets to the moon, and or the constant bombardment of news stories about newly minted Bitcoin and Ripple millionaires living in their parents’ basement. The fracturing of the …