Economic Overviews

Over the next 12-18 months we expect the US market to outperform the rest of the world as we head into the final stages of this economic expansion. This article is a quarterly review our US macro indicators to see if they confirm or reject our primary macro thesis.

We are now on the eve of an economic crisis of unfathomable proportions due to an insoluble debt problem. Holding precious metals will be invaluable insurance to survive this crisis financially.

For the sake of America’s survivability, let us hope that Axios is wrong about their assessment of the middle class otherwise, this is just more evidence that suggests the implosion of America’s middle class.

Will the supposed trade war between the U.S. & China escalate to the level of disrupting significantly the economies of America and China—and, indeed, the world? [No, not by a long shot, as this article clearly demonstrates.]

According to market research company New World Wealth, the world has increased in private wealth by 12% over the past year to $215 trillion [of which,] incredibly, the vast majority of this wealth – about 73.5% – is held by the following 10 countries:

Countries that have historically valued gold have been or have strived to be global powers. The mere ownership of gold has always been a sign of authority. Canada, on the other hand is flying solo, and might be heading for a crash.

Like many other countries, China is going down a road of unsustainable spending. This may mean that China’s boom may see a dramatic fall, and consumers may be saddled with debts they have no way of repaying.

It’s hard to directly compare California ($2.75 trillion GDP, 39.5 million people) to a state like Vermont ($33 billion, 0.6 million people) using absolute numbers. By leveling the playing field, we can get an idea of how states contrast in terms of relative economic strength that companies and workers would better recognize. Today’s article uses 27 metrics from WalletHub to rank all 50 state economies and D.C.

The Fed has created a Frankenstein monster and now they're trying to kill it to extract themselves from the loose monetary policies they put in place to take us out of the last financial crisis. They're more than likely going to take us into another crisis.

Any impending trade war would pose the largest direct risk to states that are dependent on buying and selling goods on international markets. Today’s visualization comes to us from HowMuch.net, and it shows every U.S. state and district organized by GDP size, as well as percentage of GDP resulting from international trade.