At least four major factors are terrifying economists and weighing on the recovery. Annie LowreyStaff writer at The Atlantic THE ATLANTIC The American economy is reopening. In Alabama, gyms are back…
By Mark DeCambre ‘How do people feel about buying securities that are high only because the Fed is buying?’ Howard Marks, co-chairman of Oaktree Capital Group LLC, BLOOMBERG Billionaire investor Howard Marks…
It is astounding how much economic crater is out there so forget the mainstream propaganda, we’re in a full-blown Depression and it’s scary. Forget The Propaganda, We’re In A Full-Blown…
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FILE PHOTO: The Port of New York and New Jersey in Elizabeth, New Jersey, US © Reuters / Mike Segar Follow RT onThe Covid-19 outbreak is set to drive global…
Jeff Cox@JEFF.COX.7528@JEFFCOXCNBCCOMKEY POINTS The Federal Reserve said last week it would start buying individual corporate bonds in addition to ETFs.Such intervention has boosted markets but also is stoking fears that…
US Shale Industry Faces $300 Bln in Losses, Possible Wave of Bankruptcies - Deloitte WASHINGTON (Sputnik) - The US shale industry is entering a period of "great compression" and could face…
‘Overpriced’ US Stock Market a ‘Bubble’ in Disconnect From Economic Reality, Warn Investors Many market observers have argued that the recent stock market rebound does not tie in with actual economic…
486Whitney PerryJune 20, 2020, 10:00 AM CDT Between COVID-19&aposs catastrophic impact on retail coupled with the continued rise of online shopping, 2020 has brought a store closing list that&aposs predictably vast. According to a…
30% OF AMERICANS DIDN'T MAKE THEIR HOUSING PAYMENT IN JUNE A stunning 30% of Americans didn't make their housing payment for June - a figure that is likely going to ripple…
by Phoenix Capita… The next leg up is starting now. Stocks finally broke above resistance (red line) in mid-May 2020. Last week they backtested that breakout and held. This means former…
“The pool of greater fools is drying up, and so the Fed has been forced to start buying its own gambling chips directly. This is an act of complete desperation” Charles Hugh Smith…
Today the man who predicted the global collapse just warned the rally in the stock market is over and the coming global devastation will be unimaginable. (King World News) – Egon von…
By Mark DeCambre ‘And the chutzpah involved in having a bubble at a time of massive economic and financial uncertainty is substantial,’ says Jeremy Grantham Jeremy Grantham, co-founder and chief investment…
Lauren Thomas@LAURENTHOMAS KEY POINTS Deals on merchandise will range between 25% and 40% off, J.C. Penney said, adding that “all merchandise is on sale.” An empty parking lot is shown…
Lauren Thomas@LAURENTHOMASKEY POINTS Malls and shopping centers across the country provide $400 billion in local tax revenue annually, according to the International Council of Shopping Centers. “I worry a lot as…
Walking on Thin Ice: Can America’s “Exorbitant Privilege” and King Dollar Survive a 17.9% Budget Deficit? Unless the world is willing to fund a $4 trillion deficit (it isn't) it portends…
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The US Federal Reserve started buying corporate bonds this week as part of a $250 billion program funded by the CARES Act. The move aims to backstop corporations and their…
A steep drop in the US tight oil rig count, falling conventional production and sluggish oil demand will crush the US energy dominance agenda. US energy dominance is over. Output…