As Americans head off to Independence Day celebrations, they'll be greeted with a plethora of headlines about record highs in the U.S. stock market. What I find most interesting about the latest bout of exuberance is the fact that priced in gold, s
When people talk about the economy, they generally focus on government policies such as taxation and regulation. For instance, Republicans credit President Trump's tax cuts for the seemingly booming economy and surging stock markets. Meanwhile, Dem
The day of reckoning is coming for the United States' national debt and it will likely come in the form of a dollar collapse. This is a problem for every single person on the globe and it's only getting worse.
June 27, 2019: "The Diminishing American Economy" has been republished in Russian Translation in the journal of the Center for Strategic Analysis at Penza State University: https://csa.pnzgu.ru/smi/aismi1
It has also been published in German
I was the beneficiary of having two amazing parents whose diverse experiences provided me with a very unique world view. The lessons I learned as a child and young adult have helped prepare me for what is unfolding in America.
• https://www.paulcraigroberts.org by Paul Craig Rob
Since June 2009 Americans have lived in the false reality of a recovered economy. Various fake news and manipulated statistics have been used to create this false impression. However, indicators that really count have not supported the false pictur
Home price appreciation in the 20 largest US cities has slowed for 13 straight months, with Case-Shiller reporting that April's (the latest data) home price growth was just 2.5% YoY - the weakest since August 2012.
Month-over-month, home prices we
While most people - including mainstream economists - seem to believe that our bubble problems ended when the U.S. housing bubble burst in 2008, the reality is that there are even more bubbles forming today than before the Great Recession. I list
International Man: For many years, President Trump has made no apologies for trying to pay the least amount of taxes possible. He's clearly stated this in many interviews.
Legal and financial expert Wayne Jett says, "No one in history has ever stood up to the secret cabal running America the way President Trump has." Signs abound in the mainstream media they are freaking out. Jett says, "They are freaking out b
Doug Casey says we're well into what he calls the Greater Depression. America is headed for trouble... and it's critical to know exactly what's going on.
Mortgage applications surged an impressive 26.8% WoW - the largest jump since Jan 2015 - led by a massive spike in refis as mortgage rates tumbled alongside the Treasury market.
30Y rates dropped back below 4.00% - the lowest since Jan 2018...
People often refer to the "perfect storm." A perfect storm is generally understood as two or more events that are independent but converge to produce an outcome much worse than either event alone.
Mortgage applications surged an impressive 26.8% WoW - the largest jump since Jan 2015 - led by a massive spike in refis as mortgage rates tumbled alongside the Treasury market.
30Y rates dropped back below 4.00% - the lowest since Jan 2018...
House flipping is at a nine-year high! While that may seem like good news, it actually foretells major problems in the housing market - a market we all can see is in a gigantic bubble right now.
With less than a week to go before the Fed begins its next two-day policy meeting, President Trump is again lambasting the Powell-led central bank for having the temerity to raise interest rates and attempt to start unwinding its balance sheet.
Mike Dugger (former AZ libertarian party chair and friend of the Hancock's) comes in studio to talk about various liberty issues - Tim Picciott (Crypto Self Direct; The Liberty Advisor; Wealth Manager @ Innovative Advisory Group) gives The Economic R
Readers, I have been frustrated by the Illinois end-of-session legislative frenzy since it became clear that this frenzy was indeed underway. In the first paragraph of a recent Forbes article, I wrote: