One quarter after after Walmart shares jumped when the company reported a solid beat in its Q3 earnings report and boosted the full year outlook, it's a complete mirror image, as Walmart not only couldn't deliver on its guidance boost from just three
• World Alternative Media-Tim Picciott-Josh Sigurdso
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor as Macy's announces they will be closing 125 stores and cutting 2,000 corporate jobs despite claiming just a year and a half ago that the "retailpocalypse" was over!
Market forces are always more powerful than central planners. Economic laws are unbreakable. Central banking and the Fed have been a foolish attempt to break them. One hundred years of folly is one hundred years too long! A major crisis is ahead, and
Whether it was today's abysmal Chicago PMI print, or algos finally googling "pandemic" and realizing that what is going on in China could have catastrophic consequences for the global economy ...
• World Alternative Media-Tim Picciott-Josh Sigurdso
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor about recent talks at Davos where the Brazilian Economy Minister Paulo Guedes told global financial giants attending the WEF that he sees very few currencies in 20 or 30 years. In fact, he
• http://theeconomiccollapseblog.com by Michael Snyd
Quite a few of the most important sectors of the global economy are already "in a recession", and yet somehow we are still supposed to believe that the economic outlook for the rest of 2020 is a positive one.
"We will reach a tipping point when investors will awake to the rising tide of defaults and downgrades," he wrote in a letter from the World Economic Forum meeting. "The timing is hard to predict, but this reminds me a lot of the lead-up to the
Ninety-seven percent of CFOs (corporate financial officers) surveyed in a new poll believe that the United States will be in recession by the end of 2020.
The world's top central bank officials are rightly concerned that politicians in rich economies missed one key lesson of the last recession: Interest rate cuts can help to moderate a downturn, but aggressive fiscal policy is key to a healthy recovery
Nearly a decade after his now laughably idiotic prediction that the Fed could hike rates in "15 minutes if we have to" - which of course it could and it would then promptly crash markets as late 2018 showed which is also why the Fed will never...
Wells Fargo, Citigroup, PNC Financial Service Group, and CIT Group accumulated hundreds of thousands of commodity hauling railcars in North America over the last decade.
Could we see a repeat of the roaring twenties or the Wall Street Crash? Experts believe the 2020s could see a rise in prosperity much like in the 1920s - but also warn that recession 'looks inevitable'
More than 9,300 retail department stores have shut their doors this year. As 2020 comes at us quickly, most are expecting the retail apocalypse to drag on.
It seems that the year-end repocalypse that Credit Suisse's repo market guru Zoltan Pozsar predicted exactly two weeks ago, is not going to happen this year after all, and all it took was a "bigger than QE4" $500 billion liquidity injection/backstop
The global economy has entered a period called 'slowbalization,' which is the result of geopolitical shifts and secular trends that have slowed down globalization or, in some cases, completely reversed it.
Remember, investors started the decade with US stocks near their post-crisis lows, with few anticipating the unbridled rebound that would come to pass during the ensuing months and years...Even more surprising was the drop in interest rates: Negative
As the Federal Reserve remains unable to stoke inflation (because it refuses to measure it correctly) and refuses to factor in asset price inflation...
With all due respect to MMT - i.e., none - recent events (Venezuela, Argentina) have shown that countries printing their own money can and usually will eventually print their way into monetary oblivion and hyperinflation. It now appears that money pr
As we warned then, China's "noble" crusade to modernize Africa, would not come cheaply, because less than a decade later Africa - that final debt frontier - is suddenly finding itself with an all too developed problem: too much debt... and almost all
Last week we reported that according to a new analysis by UBS Wealth Management, the wealthiest investors around the world are preparing for a "significant" market crash by the end of next year.
... A Market Crash. Dalio concludes by attributing the reporting to yet another case of fake news, saying that "we are now living in a world in which sensationalistic headlines are what many writers want above all else, even if the facts don't squa