Michael Snyder: Not so fast. Those that are publicly declaring that an economic recovery has arrived are ignoring a whole host of numbers that indicate that the U.S. economy is in absolutely horrendous shape. The truth is that the health of an economy should not be measured by how well the stock market Read more…
NYSE:FAZ, NYSE:SDS, NYSE:SKF, NYSE:TZA
Michael Snyder: Most Americans know that things used to be much better in the United States, but they don’t have the facts and the figures to back that belief up. Well, after reading the shocking statistics in this article nobody should be left with any doubt that things have gotten worse in America. Read more…
NYSE:FAZ, NYSE:SDS, NYSE:SKF, NYSE:TZA, RWM
The Daily Capitalist: Oops! They’ve done it again. Maybe. Here’s the evidence that the Fed aborted a mini-recession with Operation Twist, which in association with enlarging its balance sheet by reinvesting dividends from its mortgage-backed securities portfolio was essentially the QE 3 that Jeff Read more…
NYSE:IWM, RWM
Dominique de Kevelioc de Bailleul: Suddenly the Baltic Dry Index (BDI), a key index that economist watch for signs of expansion or trouble ahead for the world economy, has collapsed. Because two Read more…
NYSE:FAZ, NYSE:GLD, NYSE:SDS, NYSE:SPXU, NYSE:TZA, NYSE:VXX, RWM
Michael Snyder: Over the past couple of weeks, George Soros, the IMF and the World Bank have all issued incredibly chilling warnings about the possibility of an impending economic collapse. Considering the power and the influence that Soros, the IMF and the World Bank all have over the global Read more…
ETF BASIC NEWS, NYSE:SDS, NYSE:SH, NYSE:SPXU, NYSE:TZA, NYSE:UDN, NYSE:UUP, NYSE:VXX
Keith Fitz-Gerald: The next 1,000 points on the Dow Jones Industrial Average (NYSEArca:DIA) in either direction are going to be determined by what happens in two cities thousands of miles from our own shores… Athens and Berlin. Read more…
NYSE:DIA, NYSE:IWM, NYSE:SDS, NYSE:SPY, RWM
Michael Snyder: If you increased your credit card spending by a couple thousand dollars per month would your lifestyle improve? Of course it would. By going into large amounts of debt, it is possible Read more…
NYSE:FAZ, NYSE:SDS, NYSE:SPXU, NYSE:TZA, NYSE:VXX, RWM
Mike Larson: There’s no longer any doubt. It’s not something the bulls can argue against. The global economy is fading fast — from one end of the world to the other. And many markets are rolling over sharply. Read more…
NYSE:FAZ, NYSE:SDS, NYSE:SH, NYSE:TZA, RWM
Sy Harding: Brace yourself for a recession. Central banks around the world seem to be doing so, making little effort to prevent it this time around, resigned to letting the business cycle play out. Read more…
NYSE:SH, RWM
Sy Harding: Note to Fed Chairman Ben Bernanke: It’s happening, Ben. Your assurances of an economic recovery in the 2nd half are in the wind, blown away by the continuing string of terrible economic reports. The next recession is probably already underway! Read more…
NYSE:EEV, NYSE:SH, NYSE:TNA, NYSE:TZA, RWM
Wednesday brought whipsaw action to the market as stocks finished modestly higher. Both the Dow Jones Industrial Average (NYSE:DIA) and the S&P 500 (NYSE:SPY) tacked on 0.5% while the S&P MidCap 400 improved by 0.3%. The Nasdaq (NASDAQ:QQQ) eked out a 0.1% gain as the small-cap Read more…
NYSE:XRT, RWM
Joseph L. Shaefer: It was Friday Night Smackdown last Friday when retail sales reached their highest level in 4 months, one factor propelling the markets higher that day. At almost the same time it was announced that consumer confidence has plunged to its lowest level since 1980. Read more…
NYSE:AGQ, NYSE:GLD, NYSE:SEF, NYSE:SH, NYSE:TLT, NYSE:UUP, RWM, SBB
Joseph L. Shaefer: To answer that question, let’s take a look at what’s bad and what’s good. (Yes. There is some good and it will get better. I am no Pollyanna — I wrote “The Myth of the Summer Rally” back on June 28th when everyone was wildly enthusiastic, all the news was good, and never Read more…
NYSE:SEF, NYSE:SH, NYSE:TLT, NYSE:UUP, RWM
Joseph L. Shaefer: It would be a fine “flourish” indeed if I could answer the question posed by my headline that, long term, it would be the latter. Alas, long term, I am convinced that the U.S. government has embarked on a permanent policy of U.S. dollar degradation. Government leaders Read more…
NYSE:UUP, RWM, SBB
Joseph L. Shaefer: Reality does not always conform to expectations. I always said I wouldn’t buy a vacation home because everyone I know who owns one spends all their time there maintaining, gardening, fixing and working on it. Sort of like owning a boat. But here I am, working 12-hour days Read more…
RWM, SBB
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