Are American Debt Slaves Getting In Trouble Again?
• zerohedge.com by Wolf RichterThe economy depends on them, but they're cracking.
Contents Pages by Subject
Economy - Economics USA
"Technology Has Changed The Game": Why The Rise Of Robots Will Be A Permanent Deflationary
• http://www.zerohedge.comBack in 2015, BofA put together a simple equation trying to explain the pervasive deflationary wave around the globe when it said that "Deflation = Debt plus Disruption plus Demographics."
Damn the Deficits, Huge Tax Cuts Ahead!
• https://www.lewrockwell.com, By Peter SchiffDonald Trump has made good on one of his most audacious campaign promises by submitting what he describes as the biggest tax cut in U.S. History. For once, at least, this does not appear to be Trumpian braggadocio. It really may be the mother of all
Consumer Spending Flat, PCE Inflation Weakest Showing In 16 Years, Rate Hike Odds Rising
• mishtalk.com by MishThe market is increasingly convinced the Fed will hike in June, even as the economic data sinks.
Economic Reality: Bottom 50% of Americans No Longer Matter
• mishtalk.com by MishThe Fed likes to brag about the "We saved the world" recovery.
11 Reasons Why U.S. Economic Growth Is The Worst That It Has Been In 3 Years
• By Michael SnyderThose that were predicting that the U.S. economy would be flying high by now have been proven wrong.
Trump's Tax Plan Is Brilliant Politics and Even Better Economics
• https://fee.org, Jeffrey A. TuckerDonald Trump's tax plan seems to mark a new chapter in his presidency, from floundering around with strange and sometimes scary policies (bombings, border closings, saber rattling) to focusing on what actually matters and what can actually make the
When Women Are Free, Economies Thrive
• fee.org by Chelsea FollettA bizarre column in Australia's Daily Telegraph last month argued that it should be illegal to be a stay-at-home mom.
US GDP Collapses To 0.7%, Lowest In Three Years; Worst Personal Spending Since 2009
• http://www.zerohedge.com, Tyler DurdenThe Atlanta Fed was right once again, and slashing its forecast over the past 3 months today the BEA confirmed that in the first quarter US economic growth tumbled to just 0.7%, down from 2.1% in the last quarter and below the 1.0% expected, and the
The Issues Americans Think Are Worth A Government Shutdown
• http://www.zerohedge.com, by Tyler DurdenAs the deadline for U.S. federal budget authorization approaches, this infographic highlights the issues that people think are important enough to justify a government shutdown.
Just These Five Companies Account For 28% Of The S&P's 2017 Returns
• http://www.zerohedge.com, Tyler DurdenOn the last day of the busiest earnings week in a decade, here is a striking statistic from Goldman Sachs, showing just how dominant a handful of large cap companies have become in terms of both overall profitability and market impact:
30Y Treasury Yield Jumps Near 3.00% Despite Dismal GDP Growth
• http://www.zerohedge.com, Tyler DurdenNothing says sell bonds like the worst quarterly growth for a Fed rate hike since 1980...
This Is What Americans Spent The Most Money On In The First Quarter
• http://www.zerohedge.com, Tyler DurdenAs discussed earlier, it was an abysmal quarter for the US, pressured by what is traditionally the strongest segment of the economy, responsible for 70% of GDP growth: US consumer spending. At 0.23% annualized, this was the worst print going back to
Pending Home Sales Drop In March - Stagnant For 2 Years
• http://www.zerohedge.com, by Tyler DurdenContracts to buy previously owned U.S. homes declined in March after rising a month earlier by the most since 2010, as perhaps the seasonal exuberance gives way to affordability constraints.
Still Confused About Trump's 1-Page Tax Plan? Goldman Explains It All
• http://www.zerohedge.com, by Tyler DurdenSince at its core, yesterday's 1-page "tax plan" was a Goldman creation - and was presented to the world by two former Goldman employees - who better to explain what Trump had in mind than Goldman Sachs itself, which it did overnight in a far length
The Retail Apocalypse: American Retail Is At A Tipping Point
• http://www.trueactivist.comThe retail industry may never recover.
Housing's Echo Bubble Now Exceeds the 2006-07 Bubble Peak
• https://www.lewrockwell.com, By Charles Hugh SmithIf you need some evidence that the echo-bubble in housing is global, take a look at this chart of Sweden's housing bubble.
The Federal Fiscal Condition: Kick the Can 'til You No Longer Can
• https://www.lewrockwell.com, By Morgan ReynoldsDonald Trump wants to cut the tax/confiscation rate. Ok, but maybe it would be a good idea to look at the monetary and fiscal facts on the ground first, just to scope out how much wiggle room he has to play with.
New Home Sales Near Post Crisis High
• https://mishtalk.com, by MishNew homes sales rose at a seasonally-adjusted annualized rate(SAAR) of 621,000 in March vs. an Econoday expectation of 588,000.
Economics in One Image
• https://www.youtube.com, corbettreportHave you ever agonized over le mot juste for explaining catallactics to your friends?
Spring housing: 'Strongest seller's market ever'
• http://www.cnbc.com, Diana OlickEven as more homes come on the market for this popular sales season, they're flying off fast. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat.
Spring housing: 'Strongest seller's market ever'
• http://www.cnbc.com, Diana OlickEven as more homes come on the market for this popular sales season, they're flying off fast. Home prices have now surpassed their last peak, and at the entry level, where demand is highest, sellers are in the driver's seat.
New Home Sales Jump, Tied For Highest Since 2008 As Median Selling Price Rebounds
• zerohedge.com by Tyler DurdenConfirming the strong housing data reported earlier by Case-Shiller which showed the fastest pace of home price appreciation since 2014, moments ago the Census reported that New Home Sales rose 5.8% in March to an annual pace of 621K units, just shy
11 Facts That Prove That The U.S. Economy In 2017 Is In Far Worse Shape Than It Was In 2016
• By Michael SnyderThere 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.
Reader Asks: Can the Bubbles Last Forever?
• mishtalk.com by MishReader Bob wants to know if the Fed can keep various bubbles levitated forever. Here is his specific question followed by my response.
Existing Home Sales Best Since February 2007: Good as it Gets?
• mishtalk.com by MishExisting home sales beat expectations with a climb to 5.71 million units, seasonally adjusted annualized (SAAR).
Private Equity Sets Its Sites On A New Funding Victim: Mom-And-Pop 401(k)s
• http://www.zerohedge.com, by Tyler DurdenAfter laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s.
Success and prosperity - New confessions from an economic hitman
• http://www.naturalnews.com(Natural News) According to author and activist John Perkins, we are all living in the world's "first global empire," one created (somewhat) secretly through economic means.
Peter Schiff Warns This One Event Will Wipe Out Entire Generations of Retirees
• https://www.lewrockwell.comIn an interview with GoldSeek on April 14, outspoken economist Peter Schiff issued a dire warning to investors.
Numerical Hat Tricks & Interventions: 'Official' government statistics vs. U.S. economic rea
• https://www.newsbud.com, Pye IanThe true state of the American economy in a post-2008 Financial Crisis world is not what it is depicted and sold as being by the U.S. Government and the sycophantic mainstream corporate financial press which remains mostly obedient to its dictations.
Watch Streaming Broadcast Live:
LRN.fm
DLive
Live Chat
Telegram
Telegram
