Why This Market Meltdown Isn't a Repeat of 2008 ... The end isn't nigh ... The U.S. economy and financial system are in a very different place. Notably, debt ratios within the U.S. aren't nearly as high outside the government.
Oil is so plentiful and cheap in the U.S. that at least one buyer says it would need to be paid to take a certain type of low-quality crude.
Following an epic stock rout to start the year, one which has wiped out trillions in market capitalization, it has rapidly become a consensus view (even by staunch Fed supporters such as the Nikkei Times) that the Fed committed a gross policy mistake
As we've been warning for quite a while (too long for my taste): the world's grand experiment with debt has come to an end. And it's now unraveling.
Welcome To The New Normal: The Dow Crashes Another 390 Points And Wal-Mart Closes 269 Stores
Matthew 7: 15 "Watch out for false prophets. They come to you in sheep's clothing, but inwardly they are ferocious wolves. 16 By their fruit you will recognize them.
The economic calamity anticipated by free market advocates is now at hand.
The Securities and Exchange Commission today announced that Goldman, Sachs & Co. has agreed to pay $15 million to settle charges that its securities lending practices violated federal regulations.
---Industrial Production Crashes Most In 8 Years
Walmart is closing 269 stores and laying off thousands of employees. The move will affect more than 16,000 employees, including 10,000 in the US.
(NaturalNews) Although some still regard prepping to be an activity favored by survivalist "wackos" who fear a cataclysmic Armageddon-style event, more and more American families are beginning to see the value in preparing for a number of possible sc
It appears the world is ganging up on The Fed as following China's recent clear and present threat should the USD strengthen, BoJ's Kuroda warned that further QQE might threaten the bank's finances - implicitly demanding moar from Yellen because he k
Bear markets when they happen are never a pleasant event for any investor. Long only investors especially tend to be the worst hit.
Several days ago, Bank Of America was "confused" why retail spending refuses to pick up, although it hoped that this would be a one time aberation and that the official government data would disprove what it was seeing in its card data.
----The Jig Is Up On 25 Years Of Bottom Fisher Bailouts
China, Oil, Copper And Junk Bonds All Continue To Crash
2016 Will Be A 'Cataclysmic Year' And 'Investors Should Be Afraid'
---The Great Financial Crisis Of 2016 Will Be A Whopper
16,151.41 -364.81 (-2.21%)
After brief "where are they now" summaries scroll on the screen, moviegoers are left with the message that a new product is being offered on Wall Street that are CDOs but called by a different name. The message is clear, another financial mess is
Global shipping traffic is awful. Worse yet, US rail traffic is downright recessionary looking.
On Tuesday, it was announced that over seventeen million new vehicles were sold in 2015, the highest it's ever been in United States history.
chaos when the free money stops flowing. (NaturalNews) The number of Americans receiving food stamps exceeds 45 million - a level which has remained relatively constant for more than four years now. That figure accounts for nearly 20 percent of the
We're approaching a level of truly horrific returns in the energy space as the price of oil continues to crumble in the early days of 2016. There are quite a few people predicting a repeat of 2008, but the reality is that the energy space has alre
Stocks have been roiled in recent weeks, with markets around the world seeing an extended sell-off to start the year. In the U.S., major indexes have already given up all fourth-quarter gains in the first trading days of the year.
The best summary of what happened overnight comes courtesy of Michael Every, head of financial markets research at Rabobank Group in Hong Kong, who was quoted by Bloomberg as follows:
A little over a year ago, Paul Hodges was roundly mocked when in December 2014 he made a drastic call that "Oil May Drop To $25 On Chinese Demand Plunge, Supply Glut, Ageing Boomers." After oil got as close as 40 cents away from the dreaded 2-handle,
Just one month ago, Bank of America's equity strategist Savita Subramanian told Barrons to stay the course and to expect a 2,200 year end target on the S&P based on a year end 125 EPS forecast and an implied 17.6x forward multiple.
MAJOR STOCK INDEXES ENTER CORRECTION TERRITORY…