The gun-rights group plans to move to Texas in the latest twist to its legal battle with New York’s attorney general. Source: National Rifle Association… Read More:
Category: US & GLOBAL ECONOMY
MAGAnificent! The Economic Truth or Terror is Known at Last – The Great Recession Blog
What does MAGAnificent America look like now that it’s here? Does America really feel greater after the last four years? Be honest now. Be really… Read More:
Big Banks, Small Banks Failing In US And Worldwide
The biggest bank in Europe is in the process of imploding, and there are persistent rumors that the final collapse could happen sooner rather than later. Banks in China are also failing. Last week, three US banks failed. Four US banks have failed this year. Read More:
Central Bankers Now Plotting Government Subversion? – The Great Recession Blog
Central Bankers Now Plotting Government Subversion?Two weeks ago a former Federal Reserve board member and bank president, William Dudley, wrote an editorial that encouraged the… Read More:
Is it the Fed or is it the Trump? Here’s the Truth. – The Great Recession Blog
Is it the Fed or is it the Trump? Here’s the Truth. In this round of Truth or Trump, Trump clearly wins. First, look at… Read More:
Fed Med is Dead: How We Went from Fake Recovery to Freefall – The Great Recession Blog
Until you got to this tax and spending deal a year ago, it was one of the most hated bull markets. The markets steadily climbed… Read More:
Big Stocks Rock NASDAQ as Two FAANGs Bite the Dust – The Great Recession Blog
Big Stocks Rock NASDAQ as Two FAANGs Bite the DustTwo of the original FAANG stocks that carried the US stock market higher throughout the Fed’s… Read More:
Housing Market Collapse 2.0 Accelerates Rapidly! – The Great Recession Blog
Just ten days ago, your Lone Ranger here laid out why one should see the barely beginning downturn of the housing market in Seattle as… Read More:
An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades – The Washington Post
The exodus is Latin America’s biggest migration crisis in decades. Source: An exodus from Venezuela has prompted Latin America’s biggest migration crisis in decades –… Read More:
Stock Market Volatility Attributed to Shenanigans
Technical expert Michael Ballanger explores the maneuvering he believes underlies current market fluctuations. Source: Stock Market Volatility Attributed to Shenanigans
US Stock Market in Position for Downwave #2
Technical analyst Clive Maund explains why he believes the stock market rally of the past couple of weeks is not a resumption of the bull… Read More:
Asian Stock Markets Gain After Wall Street Rally | Business News | US News
Asian stock markets have risen following Wall Street’s rally as investors look ahead to the U.S. Federal Reserve chairman’s congressional testimony for insights into its… Read More:
The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
According to a yearlong exploration of the productivity puzzle. Source: The U.S. Economy Is Suffering from Low Demand. Higher Wages Would Help
UK economic growth revised downwards – BBC News
Economic growth was a worse than expected 0.4% in the last three months of 2017, official figures say. Source: UK economic growth revised downwards –… Read More:
Fed Officials Say Economy Is Ready for Higher Rates – The New York Times
The Fed has gained confidence the economy is strong enough to continue raising interest rates, according to the minutes of its most recent meeting. Read… Read More:
Premarket: Stocks dip; Germany’s diesel decision; British American Tobacco stock suffers – Feb. 22, 2018
Here’s what you need to know about the markets before you start your business day. 1. Negative sentiment takes hold: US stock futures are pointing down again,… Read More:
Epochal Stock Market Flash Crash Reconnects Stocks and Bonds, Portends End of Fake Recovery – The Great Recession Blog
It took sixteen months to build the exceptionally steep Trump Rally, and just one week to eliminate a quarter of it. While I wouldn’t call that… Read More:
Stocks shrug off pop in rates, Dow up more than 100 points
Stocks rose in choppy trade Wednesday as Wall Street tried to build on the strong gains set in the previous session. Source: Stocks shrug off… Read More:
Get Ready for Most Cryptocurrencies to Hit Zero, Goldman Says – Bloomberg
The tumble in cryptocurrencies that erased nearly $500 billion of market value over the past month could get a lot worse, according to Goldman Sachs… Read More:
Dow plunges 1,175 — worst point decline in history
Asian shares fell sharply on Tuesday after Wall Street suffered its biggest decline since 2011 as investors’ faith in markets began to crumble. Japan’s Nikkei… Read More:
Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year
It was another crazy news week, so it’s understandable if you missed a small but important announcement from the Treasury Department: The federal government is… Read More:
Former Fed Chair Alan Greenspan Sees Bubbles in Stocks and Bonds – Bloomberg
The man who made the term “irrational exuberance” famous says investors are at it again. Source: Former Fed Chair Alan Greenspan Sees Bubbles in Stocks… Read More:
U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970 – WSJ
U.S. oil production surpassed 10 million barrels a day in November for the first time in nearly 50 years, a milestone that underscores the growing… Read More:
Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Cryptocurrencies crash after India vows to eliminate their use Source: Cryptocurrencies crash after India vows to eliminate their use — RT Business News
Investors dump US dollar & rush to gold — RT Business News
The gold price rose to its highest level in more than a year on Thursday as investors seek a safe haven after the US dollar… Read More:
One person was already able to ‘shoplift’ from Amazon Go
On Monday, Amazon Go, the company’s new cashier-less mini-market opened in downtown Seattle, showing the world what retail shopping in the future could look like.… Read More:
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some items – NaturalNews.com
Sugar sticker shock in Seattle: New tax on sweetened beverages more than DOUBLES the price on some itemsMonday, January 15, 2018 by: Isabelle Z. Tags:… Read More:
U.S. oil industry set to break record, upend global trade
U.S. and Global Economy U.S. oil industry set to break record, upend global trade Liz Hampton8 MIN (Reuters) – Surging shale production is poised to… Read More:
Dow Industrials Top 26000 for First Time as Earnings Season Ramps Up – WSJ
Dow Industrials Top 26000 for First Time as Earnings Season Ramps UpDollar rebounds from a three-year low, while bitcoin’s selloff accelerates The Dow Jones Industrial… Read More:
What is Behind the Diplomatic Rush of Gulf countries ?
Saudi Arabia, Bahrain, the United Arab Emirates (UAE), Egypt, Yemen, Libya, the Maldives and Mauritania announced on Monday an extraordinary step of cutting off diplomatic… Read More:
Qatari policy on refugees and security in the Middle East
According to Gulf Times, The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, called for a political settlement of the conflict in Syria, where millions… Read More:
U.S. Conceal the Economic Causes of the Airstrike
According to the Video clips Editor at the Financial Times, Jamie Han, tensions around Syria are rising with every passing day. The second U.S.-led attack… Read More:
US-led Coalition Airstrike On Assad’s Forces Was Not Accidental
On May 18, the moving convoy of the Syrian pro-government forces consisted of militias was hit by a massive airstrike of the U.S.-led international coalition.… Read More:
INVESTIGATION: Route of Bulgarian Weapon Deliveries to Syrian Islamists Exposed
Inside Syria Media Center has conducted an investigation to expose a U.S.-backed of weapon supplies to the al-Qaeda group in Syria. The suppliers list starts… Read More: