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Stocks Are Crashing - Led By Banks
• http://www.zerohedge.com, by Tyler DurdenContagion?
Contents Pages by Subject
Economy - Economics USA
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Heavy Truck Sales vs. GDP: Sales Plunged 29% in August from Year Ago
• https://mishtalk.com, mishgeaThere's an interesting correlation between heavy truck sales, GDP, and the S&P 500.
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Julian Robertson: "Janet Yellen Has Created A Serious Bubble And Pain Is Coming"
• http://www.zerohedge.com, by Tyler DurdenDiscussing the present and future of the embattled hedge fund industry, Tiger Management's Julian Robertson - one of the most prominent names in the field - said that hedge funds are facing "the most difficult time I've ever seen in the business" his
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Dangerous Bubbles In Plain Sight
• davidstockmanscontracorner.com By David StockmanJesse Felder published an incisive bubble finance chart over the weekend.
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The stock market is 70% overvalued ... crash now inevitable
• http://www.naturalnews.com(NaturalNews) Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."
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New Home Sales Decline 7.6%, Median Price Down 3.1%: "Very Positive" Says Econoday
• mishtalk.com by mishgeaNew home sales fell 7.6% in August to a seasonally adjusted annualized rate (SAAR) of 609,000 units.
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Chart Of The Day: Household Financial Assets To Disposable Personal Income...
• http://davidstockmanscontracorner.comChart Of The Day: Household Financial Assets To Disposable Personal Income Now Exceeds Dotcom/Housing Bubble Peaks
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There Will Be Hell To Pay: "The Final Condition For A Market Crash Is Falling Into Place"
• http://www.shtfplan.com, By Chris MartensonSometimes I wonder if I'm ever going to run out of new things to say about the economy. Nothing interesting has happened in a long time.
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"Home Prices Are Out Of Hand Again"
• zerohedge.com by Christopher MaloneyU.S. home prices appear to be getting out of hand again as the gap between home price growth and household real income growth is close to where it was just before the housing collapse.
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This Is Why the Middle Class Is Dying
• https://www.lewrockwell.com, By Bill BonnerOUZILLY, France – First, some travel advice…
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GDP Estimates in Free-Fall: FRBNY Nowcast 2.26% for 3rd Quarter, 1.22% for 4th Quarter
• https://mishtalk.com, mishgeaLast Friday the FRBNY Nowcast was in a blackout period because of the FOMC meeting on Wednesday.
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Why The Coming Wave Of Defaults Will Be Devastating
• by Charles Hugh-SmithWithout the stimulus of ever-rising credit, the global economy craters in a self-reinforcing cycle of defaults, deleveraging and collapsing debt-based consumption.
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Do Higher Rates Cause Inflation? … And Does It Really Matter?
• http://www.thedailybell.comMonetarists Are Out of Ideas … Steve Williamson of the Federal Reserve Bank of St. Louis for the past three years or so has been trying to convince the macroeconomics world to consider a bold new theory -- that central bank policy works in reverse
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Central Banks Continue Their Debasement
• http://www.thedailybell.comA heavily divided Federal Reserve left short-term interest rates unchanged but said the case for a rate increase "has strengthened", in a strong signal that a move is likely before the end of the year … Three out of 10 of the US central bank'
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The US government is about to lose its #1 lender
• https://www.sovereignman.com, Simon BlackYesterday I told you how the US federal debt level is expanding at its fastest rate since the financial crisis.
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With Housing Costs Sky-High, the Commune Makes a Comeback
• http://www.realtor.com, By Clare TrapassoSeveral years ago Aurora DeMarco, 53, was having health problems. The divorced masseuse and hospice care provider was stressed, depressed, and overwhelmed by all the upkeep of her three-bedroom condo in the tony Brooklyn neighborhood of Park Slope, k
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The terrifying signs of a looming housing crisis
• http://nypost.com, By Yoav GonenThe number of New Yorkers applying for emergency grants to stay in their homes is skyrocketing -- as the number of people staying in homeless shelters reached an all-time high last weekend, records show.
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$195 Billion Asset Manager: "The Time Has Come To Leave The Dance Floor"
• zerohedge.com by Tyler DurdenWe find it surprising how, having covered the unprecedented growth in US corporate debt over the past few years, which has more than doubled from $2 trillion at around the time of the financial crisis to approximately $6 trillion currently...
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Emerson and Hitler in the Marketplace
Paul RosenbergI really hate using Hitler quotes these days; people take them as ultimate slams, rather than illuminating thoughts from a bad guy. But that said, Adolph did make a very clear and useful statement when he said this: I have not come into this world to
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The US 'Recovers' While a Global Financial Catastrophe Looms
• http://www.thedailybell.comSlate is ecstatic over the latest economic news, believing that the US is on the road to recovery. This is incorrect, though. The US and the world are on the way to the largest economic disaster ever faced.
