Economic Overviews

To most people, a depression means '30s-style conditions, and since they don't see that, they can't imagine a depression. That's because they know what the last depression was like, but they don't know what one is. It's hard to visualize something you don't understand...Nobody can predict with absolute certainty what this depression will be like...[but one] can be fairly well-assured it won't be an instant replay of the last one...To define the likely differences between this depres­sion and the last one, it's helpful to compare the situa­tion today to that in the early 1930s. The results aren't very reassuring.

The Chinese government is [trying to]...transition the economy away from its reliance on manufacturing, which is shrinking, into a service economy [but is failing to accomplish this objective in spite of] a glorious debt-and-stimulus binge for the past few months. [Unfortunately,] these policies [may do nothing more than] add to the already insurmountable mountain of debt [of which] a good part is now going bad.

Pemex, Mexico’s over-indebted, money-losing state-owned oil giant, appears to be in a state of terminal decline. To survive, it needs some last-minute reprieve or miracle...For the broader Mexican economy, Pemex’s woes are just part of the problem. With the overseas market for Pemex’s oil shrinking,...while the company’s production continues to crumble, Mexico will depend even more on its manufacturing sector but that too, is showing serious signs of strain.

How would the stock market and the economy possibly be affected were a Democrat or Republican to become President?

7 major trends are going to sweep over the globe in the next 7 years causing a tsunami of change for the global economy. Read on for a most insightful analysis of what the effects most likely will be.

The anti-establishment Trump and Sanders might be from different parties, but they both should be of major concern to investors. Here's why - and it is really scary!

In this 2-part series we analyze how the stock market has performed historically during Democratic & Republican administrations and then what sectors could outperform - and underperform with a Democratic president. Part 2 examines possible winners and losers if the Republican party takes over the White House in the upcoming election.

A second demographic cliff is developing in spades, and globally, and it is going to cause a serious stock market crash in the year to follow.

Global deals like the Trans Pacific Partnership will boost the profits of Wall Street and big corporations, and make the richest 1% even richer but they’ll contribute to the steady shrinkage of the American middle class.

There's change afoot in the gold market...the spot price has rallied by over 15% since the year began... the first upswing in a very long time. It is my belief that we will see this upswing continue strongly over the next year. Here's why.