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Dismal January Rolls On For Now Total Global Trade
Dismal January Rolls On For Now Total Global Trade More bad news for the rest of the world, or at least the world’s economists, that has been anticipating the US economy as a means by which to expel negative economic forces. The idea of decoupling is not just something that suggests the US economy is […]
Whatever Became of Economists and the American economy
Whatever Became of Economists and the American economy According to the official economic fairy tale, the US economy has been in recovery since June 2009. This fairy tale supports America’s image as the safe haven, an image that keeps the dollar up, the stock market up, and interest rates down. It is an image that […]
Something Rotten Is Piling Up in this Economy
Something Rotten Is Piling Up in this Economy Total US business inventories balloon to Lehman-Moment levels “We do have more work to do in the US,” admitted John Bryant, CEO of Kellogg’s which makes Pringles, Pop Tarts, Kashi Cereal, and a million other things that consumers are increasingly reluctant or unable to buy. He was […]
Post Crisis Scorecard – Global Debt Up $57 Trillion, 60% of American Jobs Created Are Low Level, Record Youth Living with Parents
Post Crisis Scorecard – Global Debt Up $57 Trillion, 60% of American Jobs Created Are Low Level, Record Youth Living with Parents This morning, my Twitter stream was filled with some of the most outlandish bullish economic victory laps from pundits I’ve ever seen. The source was the monthly employment report, which showed a larger than […]
The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015 – See more at: http://www.thedailysheeple.com/the-shemitah-the-biblical-pattern-which-indicates-that-a-financial-collapse-may-be-coming-in-2015_012015#sthash.0u6YG0le.dpuf
The Shemitah: The Biblical Pattern Which Indicates That A Financial Collapse May Be Coming In 2015 We are really starting to see the price of oil weigh very heavily on the economy and on the stock market. On Tuesday, the Dow was down 291 points, and the primary reason for the decline was disappointing corporate […]
Fed looks past a world in turmoil, confident in U.S. recovery
Fed looks past a world in turmoil, confident in U.S. recovery (Reuters) – U.S. central bankers have looked beyond a global deflation threat, fear of energy-sector bond defaults, and a surge of oil patch layoffs to reach what appears to be a firm conclusion: the U.S. recovery is here to stay. New trade data released […]
oftwominds-Charles Hugh Smith: Here’s What’s Wrong with Corporate America–and the U.S. Economy
oftwominds-Charles Hugh Smith: Here’s What’s Wrong with Corporate America–and the U.S. Economy. Will we ever tire of navigating the multiple layers of intermediaries between the customer and the provider, while corporate profits soar to unprecedented heights? If we had to summarize what’s wrong with Corporate America and the entire U.S. economy, we can start […]
This Is Why the Oil-Price Crash Will Maul the US Economy | Wolf Street
This Is Why the Oil-Price Crash Will Maul the US Economy | Wolf Street. The plunge in the price of oil that began in July acts like a tax cut, it is said, and will boost spending by consumers and businesses, and thus goose the US economy. Among the voices propagating this view is the UBS […]
Fed rattled by elusive inflation, but loath to sound alarm yet | Reuters
Fed rattled by elusive inflation, but loath to sound alarm yet | Reuters. (Reuters) – With the U.S. economy humming along at its fastest clip in more than a decade, the Federal Reserve should be confident about its ability to weather a global slowdown and start lifting interest rates around the middle of next year. But then […]
What Low Oil Prices Mean For The U.S. Economy
What Low Oil Prices Mean For The U.S. Economy. For the last 4 years, the national average retail price of gasoline in the United States stayed within a range of $3.25-$4.00 a gallon. But that all changed this fall, with U.S. consumers now paying an average price of $2.82. This usually is the time of year […]
Forget about Ebola – here’s why US banks (and your savings) are now EXTREMELY vulnerable
Forget about Ebola – here’s why US banks (and your savings) are now EXTREMELY vulnerable. For a casual observer of the US economy (most “experts”), you could say that things look pretty good. Unemployment is at its lowest rate in six years. Earnings of S&P 500 companies are higher than ever, while their debt is […]
