I believe that what is happening in Ferguson is just a preview of what is coming to America in the years ahead and much of the anger and frustration that is bubbling just under the surface in our communities has an economic element to it. Let me explain.
Read More »A Financial Train Wreck IS Coming & That’s When All Hell Breaks Loose! Here’s Why
A financial train wreck is coming! When does it hit the wall? The answer to that question is it's not very far down the road, and I can promise you that is when all hell is going to break loose. [Let me explain why that is the case.]
Read More »Effects of 2008 Recession STILL Affecting Majority of Americans – How About You?
The Fed has just released a 200 page study on the Economic Well-Being of U.S. Households in 2013 that reveals that 52% of the respondents to the survey said they did not have a mere $400 in savings for an unexpected emergency. That suggests to me that over half the county is on a paycheck-to-paycheck struggle. Below are my key findings from the survey presented in a concise easy to understand format.
Read More »Financial Asset Values Hang In Mid-air Like Wile E. Coyote – Here’s Why (+2K Views)
The financial markets are drastically over-capitalizing earnings and over-valuing all asset classes so, as the Fed and its central bank confederates around the world increasingly run out of excuses for extending the radical monetary experiments of the present era, even the gamblers will come to recognize who is really the Wile E Coyote in the piece. Then they will panic.
Read More »GDP Growth Looks Understated Which Suggests That…
This week’s US gross domestic product (GDP) data paints a less gloomy first-quarter decline than first published and a bright picture for the second quarter [which,] as impressive as the rebound looks on the surface, we think is actually understated. Here's why.
Read More »Markets & Economy NOT Topping Out & Ready to Roll Over – Here’s Why
Sure, the market is getting more and more expensive, debt levels are still high around the globe, and the Drudge Report assures us daily that the world is going to hell in a handbasket, but does this signal the end is near for stocks and the economy? This article presents 4 "big picture" charts or indicators to help determine whether the markets and economy are topping out and ready to roll over. Let’s take a look.
Read More »Financial Toll of Illicit Drugs In U.S. Is Enormous – Here Are the Facts!
The consumption of illicit drugs and fighting the war on drugs is having an enormous economic impact on America. Prepare yourself for some very alarming numbers.
Read More »Martin Armstrong’s Latest Ramblings Are As Confusing & Arrogant As Ever! Here’s An Interpretation & Critique (+5K Views)
I read Martin Armstrong because he has influence, but his writing style stinks and it is always confusing - difficult to follow and understand - and I think deliberately so. Below is an interpretation - and critique - of his latest rambling economic and political insights and manner of presentation.
Read More »NO Amount of Money Printing Can Cleanse the Rot of the U.S. Economy (+2K Views)
The U.S. economy is on life support, graciously provided by Central Planners but no amount of money printing can cleanse the rot of the U.S. economy. In this Markets at a Glance, we investigate the U.S. consumer and show that for a large portion of the population, things are not anywhere close to being better, in fact they are worse than before the recession.
Read More »Majority of Americans In Dire Economic Shape – Here Are The Facts
We live in a country where almost everyone is drowning in debt and where most people are either flat broke or very close to flat broke...The following are 21 ways to end the phrase "Americans are so broke".
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