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Another recession warning has surfaced. The wealthier Americans have cut back on their consumerism and spending, which could be a signal that the recession is right around the corner.
Economic analyst and gold bug Peter Schiff is warning that another "Great Recession" will grip the United States and that when it does, it is going to jeopardize President Donald Trump's reelection efforts.
At America's tech leader and having the biggest economy, cellular and internet access should be the cheapest in the world, instead it is the most expensive, and it doesn't work as well. Another article the same day addresses the problem from a dif
Summary After 250 weeks without a purchase of Treasuries (since Oct. 2014), for the second week in a row, the Federal Reserve bought Treasuries.
Most of last Friday's Jackson Hole focus was on Powell, but what Standard Chartered's chief FX strategist, Steven Englander was struck by, was the apparent consensus among JH participants, that US rates and USD were too high, surprisingly, but hardly
Following this week's GDP revisions, Americans' spending was expected to reaccelerate (after slowing for 3 straight months) and incomes are expected to see growth moderate, and that is exactly what happened. Personal Spending jumped 0.6% MoM in Ju
I think people need to be very careful right now of their thinking with gold. A lot of people have been involved in gold before and are burned out… and they don't believe that this move in gold is real.
Does Warren Buffett believe that a major financial crisis is coming? In life, what people do is far more important than what they say, and what Warren Buffett is doing with his money right now speaks volumes.
Recession or no recession, cash is trash and it is destined to crash. Here is an interview between Dave Hodges and Collin Plume on the topic
Entered By: Dave Hodges
Recession - Economy
Breaking the tie between new (down) and existing (up) home sales, pending home sales tumbled 2.5% MoM in July (notably below the expectation of 0.0%) and stumbled back into contraction year-over-year.
You can believe that we will somehow beat the odds this time if you want, but history is completely against you.
Host:
Ernest Hancock
Gerald Celente (American Trend Forecaster, Publisher of Trends Journal, Business Consultant, Author) on market conditions; silver/gold - Jeff Berwick (Anarchapulco; The Dollar Vigilante; Anarchast) on the economy, silver and gold, etc...
While most US traders were deep in REM sleep, at precisely 3:30am ET, we noted yet another historic moment for the US yield curve: the yield on the 30Y Treasury dropped to an all time low.
Host:
Ernest Hancock
Tim Gustafson (Insurance Professional - Senior Lifestyle Solutions) on Ambulance Coverage - Victor Riches (President and CEO of Goldwater Inst) on the 'Right to Try' - Tim Picciott (Crypto Self Direct; The Liberty Advisor; Wealth Manager @ Innovative
Long-term Treasury rates added to their monthlong slide Tuesday, aggravating a key yield curve inversion and sending the 10-year yield to its lowest level against the 2-year rate since 2007.
Just recently, Rex Nutting penned an opinion piece for MarketWatch entitled "Consumer Debt Is Not A Ticking Time Bomb." His primary point is that low per-capita debt ratios and debt-to-dpi ratios show the consumer is quite healthy and won't be
In this show Wam contributor author and economic analyst John Sniesen and CERTIFIED FINANCIAL PLANNER(TM) Tim Picciott discuss the idea of a 50 and 100 year US Treasury bond trial balloons that have been floated around by Mnuchin and Trump.
S&P CoreLogic Case-Shiller's 20-City Composite price index rose just 2.13% YoY in June - the weakest growth since August 2012. The MoM rise of just 0.04% notably missed expectations of a 0.1% rise and the drop from 2.37% YoY was also a sizable acc
Employment is at its highest rate in fifty years, and less than 3% of hourly paid workers receive the minimum wage, yet it has become a major talking point of many running for president.
Millennials are already in debt and without savings. After the next downturn, they'll be in even bigger trouble.
As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just warned that the world is minutes from collapse as panic across the globe intensifies.
We are now at the point where there is an open discussion of negative rates and more Quantitative easing in the US.
Summary Federal Reserve holdings of Treasury's has risen for the first time since QE ended in 2014.
August 25, 2019 - As the world edges closer to the next crisis, today the man who has become legendary for his predictions on QE and historic moves in currencies just warned that the world is minutes from collapse as panic across the globe intensifie
Transformational Markets: History Being Made??
You may have noticed lately that the mainstream websites look an awful lot like alternative news sites, trumpeting the economic demise of America.
The world is awash in debt. While some countries are more indebted than others, very few are in good shape.
Rise of the Koch brothers: How the billionaire industrialists were shaped by their father's hatred of the Soviet Union, feuded with their family over money and built a powerful political network that changed America as David Koch dies at 79
- Crushing the Working Man Shocking facts and statistics about how corrupt the US economy has become.
