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‘It Could Be a Hurricane’: JPMorgan CEO Warns Inflation Could Drag US Into Recession in 2023

‘It Could Be a Hurricane’: JPMorgan CEO Warns Inflation Could Drag US Into Recession in 2023

© Sputnik Screenshot Fantine Gardinier All materials Even though economic reports continue to show strength in the US economy, investors are nonetheless behaving as if more volatile times are coming,…

Briton’s turn to pet food amid the cost of living and energy crises

Briton’s turn to pet food amid the cost of living and energy crises

Stocked but no customers, UK Cost of living crisis When it comes to the UK the headlines couldn’t be worse and in some cases shocking. For example, “UK Royal Mail…

The Bear is Uncaged … Again

The Bear is Uncaged … Again

It’s important to say when you were wrong, especially if you are prone to point out when you were right. Otherwise, you are just boasting in vain conceit. If you…

We Are Being Warned That The Global Economy Is Having “One Of Its Worst Years In Three Decades”

We Are Being Warned That The Global Economy Is Having “One Of Its Worst Years In Three Decades”

by Michael Will 2022 go down in history as one of the most important economic turning points that we have ever seen?  All over the planet, economic activity is beginning to…

Gloomy December: Manufacturing Orders From China Are Down 40 Percent As Companies Brace For A Brutal Holiday Season

Gloomy December: Manufacturing Orders From China Are Down 40 Percent As Companies Brace For A Brutal Holiday Season

 by Michael We continue to get more evidence that the U.S. economy is really slowing down.  As you will see below, the amount of stuff that we are ordering from manufacturers…

Could 65 Trillion Dollars In “Hidden” Derivatives Cause The Entire Global Financial System To Crash?

Could 65 Trillion Dollars In “Hidden” Derivatives Cause The Entire Global Financial System To Crash?

 by Michael If you thought that the collapse of FTX was something, just wait until the entire global financial system comes crashing down all around us.  Most people just assume that…

FTX fraud was the fault of the Fed

FTX fraud was the fault of the Fed

EU oil price cap may result in ‘violent’ spikes – Economist

EU oil price cap may result in ‘violent’ spikes – Economist

Restricting Russian seaborne crude supply may shatter the energy market, according to the outlet © Global Look Press / Stefan Klein/imageBROKER.com As the European Union’s sanctions on Russian oil are about to…

Inflation drives up US household spending – CNBC

Inflation drives up US household spending – CNBC

Americans now pay over $400 more each month for the same goods and services, the news outlet reports, citing analysts © Getty Images / Wimol Wongsawat / EyeEm Soaring inflation has driven…

Greyerz Just Made These Terrifying Predictions For The World Heading Into 2023

Greyerz Just Made These Terrifying Predictions For The World Heading Into 2023

Today the man who has become legendary for his predictions on QE and historic moves in currencies and metals shared with King World News his terrifying predictions for the world…

Bidenomics: 41% of small businesses can’t pay rent this month, report warns

Bidenomics: 41% of small businesses can’t pay rent this month, report warns

57% of beauty salons said they couldn’t make rent as well as 45% of gyms, 44% of retail and 44% of restaurants, Alignable survey found. More than 40% of U.S.…

Goldman issues stock market warning

Goldman issues stock market warning

The bear phase is not over yet, according to the investment bank © Getty Images / jcrosemann The current rally in global stocks is temporary, according to Goldman Sachs, which forecasts a…

‘Stocks and bonds are toast’: Robert Kiyosaki warns central banks can’t fix inflation and that ‘fake’ money is forcing state pensions to pivot

Story by Jing Pan •  3 real assets Robert Kiyosaki likes right now© Gage Skidmore/Wikimedia Commons Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with…

3 Major Factors Which Will Make 2023 A Historically Painful Year For The Housing Market

3 Major Factors Which Will Make 2023 A Historically Painful Year For The Housing Market

 by Michael I am extremely concerned by what I am seeing in the housing market.  When the Federal Reserve decided that it was going to start aggressively hiking interest rates, it…

Unstoppable Crash Worse than 2008 Coming – James Rickards

Unstoppable Crash Worse than 2008 Coming – James Rickards

By Greg Hunter’s USAWatchdog.com (Saturday Night Post) Six-time, best-selling financial author James Rickards says the upcoming book “Sold Out” lays out the case why a huge crash is already a certainty sometime in 2023. …

BIS Says Shocking 10,662 Tonnes Of Gold And 3.7 Billion Ounces Of Silver Swaps And Forwards Exist

BIS Says Shocking 10,662 Tonnes Of Gold And 3.7 Billion Ounces Of Silver Swaps And Forwards Exist

The BIS says a shocking 10,662 tonnes of gold and 3.7 billion ounces of silver swaps and forwards exist. How will this be unwound and what impact will it have…

US Existing Home Sales Are Crashing At Their Fastest Pace ‘Since Lehman’

US Existing Home Sales Are Crashing At Their Fastest Pace ‘Since Lehman’

Y TYLER DURDENFRIDAY, NOV 18, 2022 – 09:08 AM The first glimpse of October’s housing market (after September’s slump) is not a pretty one as US existing home sales in…

We Are Being Warned That Meat Prices Could Go Up Another 40 Or 50 Percent

We Are Being Warned That Meat Prices Could Go Up Another 40 Or 50 Percent

 by Michael If you have been to the grocery store lately, you have probably noticed that meat prices have gone up dramatically.  Unfortunately, we are being warned that things could get…

Layoffs? You Want To Talk About Layoffs? Here Are 10 Major Announcements Which Have Happened Within The Past 10 Days

Layoffs? You Want To Talk About Layoffs? Here Are 10 Major Announcements Which Have Happened Within The Past 10 Days

by Michael Have you noticed that the pace of layoff announcements has gotten rather fast and furious lately?  Many of the biggest companies in the entire country are now conducting mass…

The End Of The Retail Industry As We Know It Today

The End Of The Retail Industry As We Know It Today

by Michael Will this be the last “somewhat normal” holiday season for U.S. retailers?  Normally, the holiday season is the most profitable time of the year for our retailers, but it…

Report: Amazon Plans to Lay Off 10,000 Corporate and Technology Workers This Week

Report: Amazon Plans to Lay Off 10,000 Corporate and Technology Workers This Week

© AP Photo / Craig Ruttle Subscribe Mary Manley All materials The cuts to employment will impact the company’s devices organization, retail division, and human resources, a report revealed. It…

BUCKLE UP: Central Banks Will Continue To Inflate…Faster

BUCKLE UP: Central Banks Will Continue To Inflate…Faster

People around the globe need to buckle up because central banks plan to continue to inflate…faster. Inflation Will AccelerateNovember 17 (King World News) – Gregory Marino at the Trends Journal:  To date,…

Germany Preparing For Emergency Cash Deliveries, Bank Runs And “Aggressive Discontent” Ahead Of Winter Power Cuts

Germany Preparing For Emergency Cash Deliveries, Bank Runs And “Aggressive Discontent” Ahead Of Winter Power Cuts

BY TYLER DURDEN While Europe has been keeping a generally optimistic facade ahead of the coming cold winter, signaling that it has more than enough gas in storage to make…

The global collapse as seen in Europe: EU Cost of living protests become more widespread each day

The global collapse as seen in Europe: EU Cost of living protests become more widespread each day

British railway worker take industrial action. 15 November, 2022 As the war drags on in the Ukraine, the gloomy economic outlook continues to trigger protests across Europe. Demonstrators in several…

The financial reset is near

The financial reset is near

The world is drowning in a sea of debt By JAN KRIKKE Central banks are buying gold at a pace rarely seen since the abandonment of the Bretton Woods System. Photo:…

‘We will see spectacular failures’: CEOs and investors on what the end of cheap money means for tech

‘We will see spectacular failures’: CEOs and investors on what the end of cheap money means for tech

Ryan Browne@RYAN_BROWNE KEY POINTS At the 2022 Web Summit tech conference, startup founders and investors warned fellow entrepreneurs it was time to rein in costs and focus on fundamentals.“The multiples…

FedEx Freight to begin driver furloughs next month

FedEx Freight to begin driver furloughs next month

Move designed to match staffing needs with slowing LTL demand, unit says Mark Solomon· BeyondWords FedEx Freight, the less-than-truckload arm of FedEx Corp. and the nation’s largest LTL carrier, said…

SCARY READINGS: More Evidence Of Consumer Depression

SCARY READINGS: More Evidence Of Consumer Depression

Here is more evidence of consumer depression and some of  the worst readings in history. Consumer DepressionNovember (King World News) – Jason Goepfert at SentimenTrader: More evidence of consumer depression. Key points:…

U.S. Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008

U.S. Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008

by Michael We never seem to learn from our mistakes.  Just before the financial markets crashed and the economy plunged into a horrifying recession in 2008, U.S. consumers went on a…

IMF issues gloomy forecast for global economy

IMF issues gloomy forecast for global economy

Persistent inflation is expected to slow economic growth ©  Charles McQuillan/Getty Images The International Monetary Fund has downgraded its forecast for the global economy, saying in its latest report compiled for…