We're going to see stocks take another dive once market realizes coronavirus vaccine won’t be ready soon – RT’s Boom Bust Stock markets are rallying on optimism of global economies reopening…
by Michael Snyder If you tried to warn people in late 2019 that about 40 million Americans would lose their jobs by the middle of 2020, nobody would have believed you. …
The past few months have been painful for many FX traders, as a result of a global economic crisis has left the major reserves currencies – USD, EUR, JPY, CHF,…
by Phoenix Capita…Tue, 05/26/2020 – 08:20TwitterFacebookRedditEmailPrint Stocks are exploding higher! The S&P 500 broke above 3,000 over the weekend. The market looks to have definitively broken out of the channel of…
Get short URL © Getty Images Follow RT on As the Bank of England says it’s considering the idea of negative interest rates as a last resort amid the Covid-19…
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Post-Pandemic Economy: Great Depression or Growth Point? Russian scientists are getting ready to submit their proposals to the Nationwide Action Plan to counter the pandemic in the Russian Federation. Which sectors…
James Howard Kunstler Western Civ’s most infamous encounter with pandemic disease, so far, was the big first wave of the Black Death that had a marathon run from 1346 to…
KEY POINTS Minutes from the Fed’s April meeting show deep concern not just about the current state of the economy but what is ahead.Officials expressed concern about a second wave…
Patti Domm@IN/PATTI-DOMM-9224884/@PATTIDOMM KEY POINTS State reopenings and government relief for small businesses were expected to help get some of the laid-off workers off unemployment benefits and back to work. So…
by Michael Snyder Even though most U.S. states have begun the process of “reopening” their economies, the unprecedented tsunami of job losses that we have been experiencing just continues to roll…
We are now in the crosshairs of a mega debt deflationary bankruptcy phase. Some of our sharpest forefathers left us illustrations to better understand how this cycle operates. It helps…
Two weeks ago, when showing the uncanny correlation between defaults and the unemployment rates, we predicted that the number of Chapter 11 filings that is about to flood the US…
Largest US Car Rental Company Hertz Files for Bankruptcy Over Falling Demand Amid COVID-19 MOSCOW (Sputnik) - The Hertz Corporation, the largest US car rental company, has declared bankruptcy due to…
The stock market is trading as if a V-shaped recovery were a certainty when in fact it’s very unlikely.Laura Hoy@Laura_h_says The economy may have reached a bottom, but the stock…
Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe It’s a long road ahead for the U.S. economy As of Wednesday, all…
In this file photo taken on March 26, 2020, the US Department of Labor Building in Washington, DC. (AFP photo) The US Labor Department has said that unemployment rates rose…
By SilverBullionSG SBTV’s latest guest is Luke Gromen, founder of FFTT, LLC (Forest for the Trees). We discussed the massive debt hole the Federal Reserve will need to fill and why a bond…
By Niles NiemuthGlobal Research, World Socialist Web Site The United States Department of Labor reported on Thursday that more than 2.4 million Americans applied for unemployment insurance last week, bringing the…
US economy won’t recover soon & Federal Reserve ‘should go out of business,’ Ron Paul tells Boom Bust The US Federal Reserve has said it plans to maintain low interest rates…
This Major Indicator Flashes RED Right Before Stock Market Crashes! Within hours KWN will be releasing an audio interview. Until then… One of the highest readings in historyMay 22 (King World…