ON AIR NOW
Click to Play
Last Friday, when discussing the potential consequences of what would happen if the Fed cuts rates, and why BofA believes that such an act would represent a huge risk to the market and economy, is that following the May slump, the foundations for the
Anybody who has read the famous book "The Decline and Fall of the Roman Empire" had to be amazed that the most powerful empire on Earth at the time committed suicide "Through the insidious poison of free bread and circuses" as Edward Gibbon e
US Farms Are Facing Their Worst Crisis In A Generation...And Now Here Comes Another Monster Storm
A new report identifies American cities that are experiencing a post-housing crisis hangover.
While the Fed may be surprised that low income workers aren't as enthused about inflation as they are, we are not.
Luxury homes aren't the only section of the American housing market that's showing troubling signs of weakness.
The financial world has been buzzing nervously about the rapidly rising risk of a recession as warning signs mount.
The Fed's unprecedented attempt to hike rates out of the greatest recession since the Great Depression is over: and whether the Fed cuts in two weeks, or July, the futures market indicates a greater than 90% likelihood of at least one 25 bps rate cut
"The Skid Is Everywhere", And We Just Received More Confirmation That The Worst Is Yet To Come
Host:
Ernest Hancock
Ernest has 'the guys' in studio for a special podcast w/ Dr Phranq Tamburri (Trump Report), Tim Picciott (Crypto Self Direct; The Liberty Advisor), and Bob Anderson (libertarian activist; off-grid living) on a variety of issues on a LIVE PODCAST
Debt allows a consumer (household, business, or government) to pull consumption forward or acquire something today for which they otherwise would have to wait.
Goodbye Middle Class: The Percentage Of Wealth Owned By The Top 10% Just Got Even BIGGER
Powell gave a speech today showing his resolve to support the markets. He suggested retiring the word "unconventional".
Following its surprising bounce in factory orders in March, April was expected to see contraction (echoing the collapse in PMIs) and it did (dropping 0.8% MoM) and durable goods orders tumbling 2.1% MoM in their final April print.
Dovish Powell Slams Yields, Dollar As He Opens The Door For More "Unconventional" Measures
It was only days ago that we noted JD Power's pessimistic look at bloated inventory and stuffed channels in the automotive industry. Now, a new Bank of America note echoes the magnitude of the problem. "The peak in auto sales is clear," the bank conc
Bond prices have spiked and yields have fallen in the last several weeks. Investors are beginning to see a recession on the horizon and they are pouring into Treasurys believing they will provide a safe haven. In his most recent podcast, Peter said b
Federal Reserve Chair Jerome Powell gave a speech a couple of weeks back that showed that financial regulators have learned many lessons from the 2008 financial crisis, but not the most important one, namely:
A few short weeks ago, the economy seemed to be growing, the trade war looked winnable and the Mueller Report appeared to take presidential impeachment off the table. And then...
Hello one-handle: In response to Trump's misguided Tariff tactics on Mexico, bond yields continue to crash.
As we await for Goldman to throw in the towel and admit its forecast of one rate hike in 2020 (and no cuts in 2019), was overly... optimistic, moments ago Barclays had a "hold my beer" moment, and just hours after JPMorgan changed its forecast, and a
Big Middle East wars are often catastrophic for global oil supplies. This makes sense. The Middle East accounts for more than 40% of global oil exports. So a big conflict in the Middle East often triggers a big spike in the price of oil.
Host:
Ernest Hancock
John Vespasian (Author) on his new book, "UNDISRUPTED: HOW HIGHLY EFFECTIVE PEOPLE DEAL WITH DISRUPTIONS" - Dan Behrman on his Libertarian Campaign for POTUS 2020 - Tim Picciott (Crypto Self Direct; The Liberty Advisor = TheSecureAct (More Taxes!)
Earlier today, I was greeted by this jarring headline when I visited the Drudge Report: "BONDS FLASH RECESSION WARNING". These days, it seems like the "R word" is being thrown around constantly, but at this time last year everyone was celebr
Back in the summer of 2012, a historic if largely under-reported change took place at the New York Fed, when Brian Sack, the former head of the Fed's Markets group, also known as the Plunge Protection Team's trading arm, was replaced by former UCLA e
Case-Shiller's March home price index showed yet another deceleration in growth - the 12 months in a row of slowing equals the 2014 growth scare's length but is the weakest growth since July 2012.
The so-called "greatest economy ever" is anything but. With each passing day, the dreaded "Stagflation" comes closer into view. Rising prices coupled with a recession is the worst of both worlds for the powers-that-shouldn't-be at The Fed. Central pl
Just because society experiences turmoil doesn't mean your personal life has to. And a depression doesn't have to be depressing. Most of the real wealth in the world will still exist - it will just change ownership.
Financial analyst Bo Polny says the changes in the financial system will be vast. Polny explains, "A new financial time point will begin, a new era of time begins before the end of this year. The world will change into a new system." Polny s
The federal government did not need to take full control of the money supply to restore the economy.
