by WARREN MOSLER Worse than expected: Highlights Net exports look to be holding back fourth-quarter GDP following a second month of deep deficit in cross-border goods trade, at $69.7 billion in November following a revised $68.1 billion deficit in October. The …
via MishTalk: Of major nations, only Japan, Greece, Italy, and Portugal have debt-to-GDP ratios higher than the US. With the new tax overhaul, U.S. government debt will rise by one to two trillion dollars over the next decade. I view that …
The fraud in the food stamp program is so rampant and easy to commit, we’ve become a global magnet for grifters who immigrate and set up shop to cash in on money for food stamps. This program is ripe for …
The complete failure of this system is being exposed. The amount of leverage has always, every single time, caused a crisis to expand faster and harder then originally thought. There are no soft landings, Janet Yellen. Only crashes, loss of …
Financial markets could be over-heating, warns central bank body Bank for International Settlements’ quarterly health check warns global economy resembles era just before financial crash Investors are ignoring warning signs that financial markets could be overheating and consumer debts are …
From Porter Stansberry in Stansberry Digest: Oh boy, did I set off the ‘boo birds’… In last week’s Digest, I (Porter) discussed a number of troubling warning signs that are emerging and that could emerge next year. I wrote that investors should “start selling.” And that …
http://moslereconomics.com/2017/10/29/credit-check-34/ A Look at NYSE Margin Debt and the Market The NYSE has released new data for margin debt, now available through September. The latest debt level is up 1.6% month-over-month. The September data gives us an additional sense …
by Mark Angelides All of these NFL players and now MLB players who are protesting the symbols and institutions of the United States are at best hypocrites and at worst liars. They have every right to protest any perceived insult …
The recent CCleaner malware outbreak is much worse than it initially appeared, according to newly unearthed evidence. That evidence shows that the CCleaner malware infected at least 20 computers from a carefully selected list of high-profile technology companies with a …
by Mark Angelides This has been a truly terrible week for former presidential candidate Hillary Clinton. She has not only shown herself to be against proper democracy and blind to reality, but also that she is morally bankrupt and addicted …
BY SRSROCCO It’s about time that I share with you all a little secret. The situation in the markets is much worse than you realize. While that may sound like someone who has been crying “wolf” for the past several years, …
by Chris Hamilton Economists spend inordinate time gauging the business cycle that they believe drives the US economy. However, running in the background (and nearly entirely forgotten) is the population cycle. The positive population cycle is such a long running macro trend …
by Mark Angelides In the wake of an attack against Muslims at a London Mosque, the British Establishment has resorted to a level of chaos and idiocy that failed to appear when terrorist attacked were carried out BY Muslims. For …
by Lance Roberts I am out of commission today following a small surgery, so I want to thank my new friends at Morningside Hill Capital Management for standing in for me with today’s posting. The question over the strength of …
by Gordon T Long HISTORIC COLLAPSE IN MARKET BREADTH We are witnessing a startling breakdown in market breadth. It is worse than both prior to the 1987 and 2000 market draw downs. Similar to the Dotcom Bubble when it finally burst in …
by Mark Angelides As expected, the media lapped up the idea of MTV giving out a Gender neutral Award; the LGBTQ (i?) groups are enthralled at the idea that people would finally be judged equally regardless of their gender. But …
by Robert Carbery Due to the federal government’s own reckless housing policies in the run-up to the financial breakdown in 2008, the world economy came crashing down. The seeds of the crisis were planted during Bill Clinton’s administration when …
By Michael Snyder There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year. It is …
by Pamela Williams The Russia/Trump story was cooked up months before the 2016 Election, but at that time it sat on the back-burner, as the Obama Team really did not think they would have to use it. It was a …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This chart shows “multiple compression” is coming. How long can this surge in stocks go on? That’s what everyone wants to know. Projections range from “forever” – these projections have become increasingly common – to “it’s …
U.S. debt is on the rise and could reach a milestone level sometime in 2017. Student debt has risen for 18 consecutive years, and subprime loans are a growing worry in another sector. See these charts to understand the threat. …
A Huge conspiracy has been perpetrated on the American people, nay, on the world. Economy now worse than great depression which brought WW2 on the scene. Is this all leading to WW3? In 1929 the unemployment rate in America was …