Economic Overviews

Every strong economy in the world is getting weaker at the same time, and when you look around the world, it's hard to see an emergency booster engine lying in wait. [In fact,] the odds of a recession are climbing everywhere and the expectations for growth are falling everywhere. [That being said, might the U.S. be that engine of growth in that] residential investment finally seems ready to climb out of its five year hole and improve the earnings and spirits of the world's largest national engine of consumption? [Let's look at the graphs of the global growth index of a number of countries and a graph of the IMF's forecast for GDP growth worldwide for a better understanding of how serious the situation really is and what could possibly provide a boost to the world economy in the coming year.] Words: 425

October has a well-deserved reputation of being a volatile month for the market. Historically, it is the second-worst performing month after September, and it has had its share of market meltdowns (1929, 1987). I don't foresee anything that dramatic this October after the long rally. However, I think it is going to be a challenging month for investors for a variety of reasons. [Below are 10 reasons to be wary this October in particular.] Words: 498

The analysis of current Fed policy has included the usual parade of mistaken pundits [whose views have] been obscured by... an agenda based upon their politics or their business models [and then there]...are the correct answers which are pretty obvious to anyone with any training in economics. Here is that reality. Words: 734

This year's Economic Freedom of the World Index, which lists countries by most to least free using every available objective criterion, contains a real shocker when it comes to the United States. We aren't just slipping on the index, we're falling off a cliff. In many parts of the world, life is freer than in the "land of the free." What this reports says about the United States should be front-page news. Instead, it has received barely any attention at all. The U.S. has fallen from a high of 2nd to its current 19th. Here's why. Words: 1040

When you head out to the voting booth this November, know this…regardless of who you vote for you will see no change in the way the country is being managed. Here's why.

When you head out to the voting booth this November, know this…regardless of who you vote for you will see no change in the way the country is being managed. Here's why.

If you see yourself as someone who 'thinks for yourself' and have wealth to protect I strongly recommend you spend time listening to George Soros. I particularly recommend this given that he delivered this address in June, and because I believe we are now getting to the point where we can see the lights of the train as it comes ever closer to where we are standing on the Eurozone (and world) economic track. Words: 655

"The end of the world as we know it" is what David Korowicz predicts is coming sometime this decade - an "ultimate" crash that will be irreversible - TEOTWAWKI! Words: 1395

Pundits and prognosticators like to throw around a lot of numbers when trying to predict where the economy is headed. The most popular economic indicators, however, aren't nevessarily the best. Russ Koesterich explains why the figures you hear most often are over-rated and identifies which indicators should be used instead.

The gold standard is a solution in search of a problem. Actually, it's worse than that. It's a problem in search of a problem. Prices would have to fall a great deal if we adopted the gold standard today. In other words, it would turn the imagined problem of price stability into a real problem of price stability. And, of course, this ensuing deflation would send the economy into a death spiral due to still high levels of household debt. [Let me explain further.] Words: 910