
Decoupling Ridiculousness; US Rail Traffic Is Outright Recessionary
• MIKE SHEDLOCKGlobal shipping traffic is awful. Worse yet, US rail traffic is downright recessionary looking.
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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…
The Average U.S. Stock Is Already Down More Than 20 Percent
… Like Nothing I've Seen Over My Career"
Another algo-induced stop-run has tried and failed to maintain its gains this morning as Morgan Stanley becomes the latest (after Goldman) to join the "oil in the $20s is possible" bandwagon.
Regular contributor Michael Pollaro offers three more charts which tell a story that's both disturbing and apparently misunderstood by a lot of mainstream analysts.
'Something's Wrong--Sell! Sell!'
----Markets Down By $1.36 Trillion
One of the lesser-known victims of inflation is one of its smallest: the penny. At one time, the penny could actually buy you something.
In some gas stations around the country, the price of a gallon of regular has dropped below $1.42.
Less than two months ago, on November 19, Goldman released its list of top trades for 2016, #1 of which was the infamous long USDJPY, short EURUSD equial-weighted basket which has led to massive losses for anyone who had put it on.
I have never had a lot of patience. I suppose this is one of my character flaws.
Ron Paul smashes today's popular myths! Secession is in the air in Europe. Will everything fall apart? There is a big difference between genuine wealth and crony wealth. The U.S is not an innocent bystander in world affairs, and much more, only here
- The US Economy Is Dead In The Water
A low cost of living, no sales tax, and beautiful scenery (oh, naked bike rides, more strip clubs per capita than any other US city, and legalized weed) means Oregon is the "top moving destination" for Americans for the third year running, according
Editor's Comment: The conditions for the next great economic collapse have been mounting over the past several months, and many experts and observers have warned, and watched as risks approach the toppling-over point. Just how much more can things
We ended 2015 as yet another year when most investors felt safe with their stocks, bonds, property and other investments.
Billionaire bond investor Bill Gross is bearish, and he keeps finding different ways to get the message across.
Investors should focus on China's economy, not stocks ... there are some important reasons not to panic: China's stock market reveals very little about the health of the country's economy it's dominated by small savers who put more faith in specu
Former money-market trader Paul Thompson was at his well kept brick-and-tile Dalkeith home, a couple of blocks from Perth's Swan River, last Thursday when Australian Federal Police officers came to arrest him.
Stocks are getting crushed.
As everyone knows, Peter Schiff is a regular guest on many of the major business news networks.
Reflections on Value, Volume, Other Ideas