In this article I lay out precisely why the coming Crisis in Europe will be THE Crisis I’ve been forecasting for the last 24 months, why it will have dire consequences on the U.S. and why the Fed can do absolutely nothing to stop it this time round. Words: 1334
Read More »Municipal Bankruptcy Crisis in U.S. to Have Dire National Consequences! Here's Why – and How
The plight of municipalities in the U.S., and their struggles under the weight of enormous pension budget deficits, are reaching the critical phase [with] many municipalities [now]contemplating bankruptcy. [That, in turn, is causing]... municipalities [to eliminate jobs (150,000 - 175,000 in 2012) providing significant headwinds to jobs growth nationally [which, in turn, will adversely affect] economic growth...[causing even] more municipalities to declare bankruptcy and [their] states, in turn, run to the Federal government for help. Words: 567
Read More »Campbell Asks: Can Italy Be Far Behind Spain?
About three months ago, shortly before Greece's sovereign debt was restructured, I began to warn about Spain as the next Eurozone country to focus on. That has, indeed, turned out to be 'all the news' with reports every day on Spain's deteriorating financial condition. Given the ongoing world economic uncertainty and volatility, however, I suggest you now begin to pay very careful attention to Italy going forward, but doing so without losing sight of what is transpiring in Spain. [Let me explain why I see 'Italy' eventually surpassing Spain as 'all the news'.] Words: 485
Read More »Have Your Say in World Consumer Confidence Index Survey – Here's How
According to the latest real-time Worldwide Consumer Confidence Index most respondents believe that their economic circumstances will improve over the next 6 months even though such confidence has declined marginally from 30 days ago. You don't feel the same way? OK, read on and actually participate in the survey to have your view of things so recorded. It is fast and easy to do. Here's how. Words: 410
Read More »What Does 'Structural' Unemployment Mean? What Does It Mean for Future Economic Growth ?
It is important when your read articles on Job Reports that you understand what Structural Unemployment is, and what it means to economic growth. [This short article will attempt to do just that.] Words: 432
Read More »Majority of Americans Finally Agree on Something – and Its Economic!
No matter how you break it down — whether by party/ideology, household income, age, or any other category — the majority of Americans agree on one thing.....[Here are the details.] Words: 260
Read More »China's Doubling of the Yuan's Trading Band Seen As Very Significant – Here's Why
The Chinese central bank's doubling of the trading band on the Yuan/U.S.$ exchange rate to 1.0% as of today has been greeted by general enthusiasm and is seen as a very significant move on China's part for a number of reasons. Let me explain. Words: 772
Read More »What Does the Latest Rent vs. Buy Index Have to Say? (+2K Views)
If you have been on the fence trying to decide if you should rent or buy, the market may be in your favor. According to Trulia's Winter 2012 Rent vs. Buy Index it is now cheaper to buy a home rather than rent in 98 of the 100 largest U.S. metropolitan areas. How can that be? Take a look!
Read More »Richard Russell: NOW is the Time to Begin Amassing Your Future Fortune – Here's Why and How
Great fortunes are made at super-bear market lows but you must have the money at the lows. [That is precisely] why gold is so singular and valuable. If you have gold at the bottom of the next bear market, you can exchange it for a collection of great common stocks or funds, and then sit back and relax.
Read More »John Mauldin: Will Germany's Money Keep the Eurozone Afloat?
The European politicians are totally committed to keeping the eurozone together. It’s a bad idea, but they are committed to it - and they are willing to spend everybody else’s money - especially German money - to do that.
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