by confoundedinterest17 Well, Biden and McCarthy have agreed in principle to a budget revision, raise the debt ceiling and avoid a US debt default. The Uniparty strikes again! No restraint of reckless Federal spending t speak of . The big …
by BoatSurfer600 via forbes: House Republicans just approved a plan to repeal key Biden student debt relief initiatives. Advocacy groups are warning that if the plan is ultimately enacted, millions of borrowers could have their student loan forgiveness credit voided. And thousands …
JUST IN – Germany, Europe's largest economy with a center-left green-liberal government, officially enters recession. — Disclose.tv (@disclosetv) May 25, 2023 🇩🇪 GERMANY RECESSION – Europe's biggest economy in recession for first time since 2020. – Data shows 0.3% contraction …
‘Disastrous financial collapse’: Ray Dalio on problem bigger than raising debt ceiling Raising the U.S. $31.4 trillion debt limit without fixing the issue at large is a “kick-the-can-down-the-road” type solution that will eventually lead to a “disastrous financial collapse,” billionaire …
by Charles Hugh-Smith In a real recession, what seemed safe and rock-solid melts into air. We haven’t had a real recession in forty years (1981-82) and so only those who were in the workforce back then have any experience of how far and …
So ofcourse with that said I do not think this will hold over as it did during the 1st recession back in the 1930s.There are alot of projects on the back log waiting for initiation. Financial Agricultural Social Environmental Humanitarian …
by Phoenix Capital Research Is the economy just about to roll over? Copper, the commodity with a PhD in economics, has erased all of its year to date gains. It’s currently about 10% off its 2022 lows which marked the …
by BoatSurfer600 Think back to a faraway time when Vice Media was a darling of the journalism landscape. It sported a hefty $6 billion valuation, had a high-profile documentary series on HBO, and web traffic soared largely thanks to a …
By Alex Kimani Currently, the U.S. economy is finely balanced between a significant mid-cycle soft patch and a full-blown recession. Financial and economic experts often disagree at the time whether the economy is already in recession. Despite the mixed signals …
by BoatSurfer600 Zen Second Life In this chart we see that every small cap death cross since 2009 has led to S&P 500 crash. Four out of five times were due to either fiscal or monetary tightening. This time, we …
Photo by MarginalCost From Peter Reagan at Birch Gold Group At their May 3rd meeting, the Federal Reserve Committee appears to have established two key things (in their estimation). First, the Fed continues to promote the delusion that the banking system is “sound …
The FDIC and Fed are going to insure all deposits. They don't even remotely have enough cash to do that. Oh yeah, Debt Ceiling, $3 trillion annual deficits and a deep recession. None of us own enough #gold and #silver …
by Elon_Mockster Working in the energy field for many years starting during the 2008 recession and all the signs are back. Contractors are not ordering materials, there’s a glut of solar panels no one wants to buy, investors are no …
via geofinancialnews: The probability model for a recession from the Federal Reserve has been steadily increasing and has now reached its highest point since 1982. The National Bureau of Economic Research (NBER) is known for its slow process of identifying …
Euro is rising towards its all-time high from before the 2008 crisis. This rise isn't about Dollar weakness. If USD were falling against everyone, trade-weighted Euro wouldn't be up so much. This is genuine Euro outperformance. Europe is seen as …
by confoundedinterest17 The US economy is slippin’ into darkness. The Philly Fed NBOS General Business Activity Region Diffusion Index SA crashed to -22.8 in April. And today’s Fed Funds Futures data points to a return of The Bernanke/Yellen “Low Rider” policy …
by BoatSurfer600 via CNBC: McDonald’s customers are pushing back against higher prices in some markets and adding fewer menu items to their orders, CEO Chris Kempczinski said Tuesday. Shares of McDonald’s fell slightly Tuesday, but the stock hit a new …
via businessinsider: Mohamed El-Erian addressed the key concerns investors are grappling with today, in an Insider interview. He flagged recession risks, covered credit-crunch concerns, and bemoaned the Fed’s tight monetary policy. The top economist also sounded the alarm on commercial …
by confoundedinterest17 Well, it is not always sunny in Philadelphia. The Philadelphia Fed Business Survey just crashed and burned to the worst reading since The Great Recession of 2008/2009. Alarm! The Fed is expected to raise rates two more times before …
New cars are selling below sticker price for the first time in 20 months, per Kelley Blue Book. — unusual_whales (@unusual_whales) April 19, 2023
Much of the pullback in diesel demand can be tied to trucking, which consumes about 60% of diesel in China and more than 70% in the US. The number of trucks running on Chinese highways fell 8% in the week …
by TonyLiberty Fed expects banking crisis to cause a recession this year, minutes show Fallout from the U.S. banking crisis is likely to tilt the economy into recession later this year, according to Federal Reserve documents released Wednesday. Minutes from …
Another #recession indicator is when supply cuts fail to boost oil prices. pic.twitter.com/MUVQFGo7hF — Lance Roberts (@LanceRoberts) April 10, 2023 It is probably higher. How many companies are just riding out their overpriced rent and waiting to dump large amounts …
Barry Sternlicht says the U.S. is going to go into a "serious recession," per CNBC. — unusual_whales (@unusual_whales) April 10, 2023 Peter Schiff: This Banking Crisis Is the Cusp of a Much Worse Financial Crisis @schiffgold https://t.co/pLocIjT1fB — Peter Schiff …
by: Arsenio Toledo (Natural News) Investors are once again concerned that the economy of the United States could dip far enough into a recession as recent jobs data shows a slowdown in new job creation and an increase in jobless claims. According …
by uslvdslv Top Graph: Over the past +50 years, inversions of the 50 day SMA of the 10 year treasury rates minus the 50 day SMA of the 3 month treasury rates have all preceded the start of a U.S. recession …
by confoundedinterest17 The Challenger, Gray and Christmas job cuts report is out for March and it revealed a year-over-year (YoY) increase in US job cuts of 319%. That is the largest increase in job cuts for a non-recession month. In other words, …
The last 3 times ISM Manufacturing was this low, the US economy was in or about to be in a recession. You have to go back to 1995-96 to find a lower reading with no recession. pic.twitter.com/xQbgqxs1mi — Charlie Bilello …
Global recession is coming. Most manufacturing PMIs recovered late last year, but that period of respite has ended. All across Europe, manufacturing PMIs have rolled over and are turning weaker again. pic.twitter.com/hOo1XLVfBa — Robin Brooks (@robin_j_brooks) April 3, 2023 On …
