Economist Jerry Bowyer: Stock Market Is Sending a Warning Signal
The stock market is forecasting economic stagnation rather than boom times, according to Forbes columnist and economist Jerry Bowyer.
Bowyer said a distressing flurry of recent economic statistics, including the Institute for Supply Management and jobs growth, undercut reasons to be bullish.
“Furthermore, it’s hard for anyone who writes or speaks from any principled free-market perspective to square optimism with the current policy [...]
How the Markets Are Manipulated
by James Corbett
March 6, 2013
In the age of quantitative easing and overt government intervention in the economy, it’s impossible to trust any of the economic statistics that we are being shown as indicators of the supposed health of our economy. Whether it is GDP numbers, manufacturing data, inflation statistics or housing figures, all of the macroeconomic data that drives the financial news agenda are manipulated to [...]
The economic implosion of Europe is accelerating. Even while the mainstream media continues to proclaim that the financial crisis in Europe has been “averted”, the economic statistics that are coming out of Europe just continue to get worse. Manufacturing activity in Europe has been contracting month after month, the unemployment rate in the eurozone has hit yet another brand new record high, and the official unemployment rates in both [...]
By Andy Xie
BEIJING ( Caixin Online ) — Every time I come to Japan to attend a conference, I am reminded of what a depression looks like in the 21st century.
This time is no different: shops are not busy, restaurant owners wait anxiously outside for customers and are usually disappointed, empty taxi cabs roam the streets. Two decades after its property bubble began to deflate, [...]
St. Louis Federal Reserve: There is now 100% chance of recession
The index has never approached 20% without a subsequent recession
During my usual morning reading process I came across a posting on PragCap by Cullen Roche regarding a chart of U.S. recession probabilities. The chart can be found at the St. Louis Federal Reserve website and is derived from a study by J. Piger and M. Chauvet, from the University of Oregon, which [...]
Have you ever laid in bed awake at night with a knot in your stomach because you didn’t know how your family was possibly going to make it through the next month financially? Have you ever felt the desperation of not being able to provide the basic necessities for your family even though you tried as hard as you could? All over America tonight, there are millions of desperate [...]
Despite the government’s well massaged economic statistics the latest census data shows its bad out there. Really bad.
As world leaders finally begin to admit that we are smack dab in the middle of another Great Depression and the economy stands at the cusp of another earth-shaking collapse of the financial system, the US census reports that nearly 100 million Americans are now classified as living in poverty or are considered “near poor.”
by Jim Sinclair in the category General Editorial | Print This Post | Email This Post
Dear Extended Family,
When will QE become the public practice of all Western world central banks?
It will more than likely come over a weekend just like this weekend. Major sovereign bonds like the Spanish and Italian will be over 7% yield and rising. The Euro will be under pressure. Equity indices everywhere will be under pressure. Recent economic statistics in the entire Western [...]
Have you ever heard the old saying “the beatings will continue until morale improves”? According to Wikipedia, that phrase is often “used sarcastically to indicate the counterproductive nature of such punishment or excessive control over subordinates such as staff in the workplace or children living at home.” Well, apparently Barack Obama believes that the more punishment that he inflicts on the U.S. economy the more we will like him. What [...]
Why isn’t the U.S. economy in a depression right now? The number one reason is because the federal government has stolen more than five trillion dollars from future generations since Barack Obama was elected and has used that money to pump up our grossly inflated standard of living. Whether the federal government spends money wisely or foolishly, the truth is that the vast majority of it still ends up [...]
It is a shame how corrupt the American Main Stream Press really is and how they refuse to tell the truth about how the government manipulates even the economic statistics. I have stated before, when we were first looking to open up offices outside the USA, I had lunch with a client who was the head of a major Swiss bank in Geneva. The names we were going to [...]
In the shady underground world of banking, doing wrong means doing right, up is down, and left is right. I often struggle to understand why so many people employed by the banking industry have so much difficulty reaching the same conclusion as the Economic Policy Journal’s Robert Wenzel That People Employed By This Modern Day Slave Master Called The Global Banking System Should Abandon Their Employers Never To Come Back As [...]
Having children brings an increased sense of meaning into people’s lives, according to the Prime Minister’s national happiness survey.
The latest measure of the country’s well-being yesterday revealed that having children does not necessarily make people happier or more satisfied with their lot.
But it does make them feel they have more of a reason for living.
Having children gives people more of a reason to live, the report says
The researchers also acknowledged [...]
Michael Snyder: Not so fast. Those that are publicly declaring that an economic recovery has arrived are ignoring a whole host of numbers that indicate that the U.S. economy is in absolutely horrendous shape. The truth is that the health of an economy should not be measured by how well the stock market is doing. Rather, the truth health of an economy should be evaluated by looking at numbers for things [...]