Michael Lombardi: U.S. Economy Remains Fragile, Recession Nearing

On a regular basis, we are told the U.S. economy is just fine. There’s economic growth and the standard of living for the average Joe in America is improving. Is this really the case, though? I recently had a chance to chat with Michael Lombardi, founder of investment research firm Lombardi Financial and the popular financial web site Profit Confidential.…

U.S. Economy: 3 Reasons Why Recession in 2016 Is Almost Certain Now

To the mainstream, the idea of a recession in late 2016 may sound absurd. But if you pay attention to the economic data and key indicators, they are actually screaming that the U.S. economy is headed toward a nasty recession. In fact, we might already be in a recession. Please take a look at the chart below of general business…

Profit Confidential Warns: 3 Key Economic Indicators Suggest U.S. Heading Into a Recession

New York, NY, June 22, 2016 – Profit Confidential (www.ProfitConfidential.com), an e-letter published by Lombardi Publishing Corporation, a 30-year-old consumer publisher that has served over one million customers in 141 countries, is warning that three key economic indicators suggest the U.S. is heading into a recession. “After seven years of growth, the U.S. economy appears to be heading toward a…

Recession: 3 Indicators That Scream Trouble Ahead for the U.S. Economy

Three economic indicators I pay close attention to are all suggesting we are headed toward, or are already in, a recession. The first recession indicator is the employment data. For May, the Bureau of Labor Statistics reported that the U.S. economy added 38,000 jobs—the least amount of jobs created in a month in about six years. The employment figures from…

Profit Confidential Announces Four Key Indicators Suggest the U.S. is Already in a Recession

New York, NY, May 18, 2016 – Profit Confidential (www.ProfitConfidential.com) an e-letter of Lombardi Publishing Corporation, a 30-year-old consumer publisher that has served over one million customers in 141 countries, is announcing that four leading economic indicators suggest the U.S. economy is in a recession. “On April 28, it was revealed that the U.S. economy advanced just half a percent…

S&P 500 Earnings Recession Shows No Signs of Slowing Down

The S&P 500 is in an earnings recession and Wall Street doesn’t seem too worried. The blended earnings decline in the first quarter was -7.1% and marks the first time the S&P 500 has seen four consecutive quarters of year-over-year declines in earnings since 2008. Analysts expect earnings growth to return in the second half of 2016, but they said…

U.S. Economy: Four Reasons Why the Recession Is Already Here

Yesterday, we learned the U.S. economy grew at only half a percent in the first quarter of this year—its worst performance in two years. Truth be told, dear reader, the U.S. economy is already in a recession with many economic indicators confirming this. Let’s start with a chart of the inventories-to-sales ratio. The ratio measures the buildup of inventories at…

Earnings Recession Gives S&P 500 and Wall Street a Taste of Main Street

First-quarter earnings are beginning to trickle in. And it isn’t pretty. The S&P 500 is in an earnings recession with earnings forecasted to be down for a fourth consecutive month. Revenues are projected to fall for a fifth consecutive month. And the long-suffering bull market that has been stumbling along in an inebriated state for more than a year now—it…

Donald Trump: Massive Recession Coming—Americans Already Feel It

Presidential hopeful Donald Trump predicted the U.S. economy was on the verge of a very massive recession. Trump cited high unemployment and an overvalued stock market as two main factors that will lead the U.S. into a recession. While his recessionary forecast took mainstream economists off-guard, I doubt his economic revelations were a surprise to the average American. Donald Trump—A…

Recession: Analyst Issues Ominous Warning for U.S. Economy

Morgan Stanley, one of the top five banks in the U.S., has raised the probability of a recession hitting the world economy within the next year from 20% to 30% and warned that the S&P 500 over the next year will grow a mere 1.5% from its current level. “While we don’t believe that a global recession is likely this…

U.S. Recession Hard to Find?

Despite a volatile stock market, weak fourth-quarter results, tepid gross domestic product (GDP) growth, and weak global economy, some say it’s hard to find proof the U.S. is headed into a recession. If so, perhaps it’s time to broaden the scope on what defines a recession. It might not feel like there is a U.S. recession on Wall Street, but…

U.S. Economy: Proof It’s Already in a Recession

It looks like the U.S. economy is already in a recession, according to these indicators. The Institute of Supply Management’s Manufacturing Purchasing Managers’ Index (PMI) has been below 50 since October of 2015. Any reading on the PMI below 50 suggests a contraction in the manufacturing sector of the U.S. economy. Last time the PMI declined for four or more…

Economic Collapse: Is the U.S. Heading for Recession?

Recession Has Arrived in Four U.S. States The U.S. Federal Reserve is contemplating another rate hike, citing improving economic indicators. However, the reality is quite the opposite. There are signs that suggest that we might be in for another U.S. recession in 2016, which could only worsen with another rate hike. The recent rout in commodity prices remains the biggest…

U.S. Economic Collapse: Chance of a Recession 100% in These States

Despite the bad economic data rolling out in the U.S., most Americans do not believe the U.S. will enter a recession in 2016. But the fact of the matter is that parts of the U.S. are already in a recession and others are on the precipice. While the whole country may not enter a recession in 2016, that’s little comfort…

This Is Why We’re Heading for a Recession

The stock market may not be 100% accurate when it comes to predicting a recession. After all, the markets go through predictable cycles. That said, the markets always tank when there is a recession. The big question is: are we heading for a recession? And if so, does it really even matter if we enter a recession? Does it make…

Recession: Analysts Deliver a Blunt Reality Check on Global Economy

Moody’s warns that the global economy will grow less in 2016. It has also cut its gross domestic product (GDP) estimates for G20 countries as well as oil prices. The rating agency’s latest Global Macro Outlook also has some dire warnings. It predicts that the global economy risks recession, as it succumbs amid a spiral of low growth and falling…

Economic Collapse: Indicator Shows U.S. on Verge of Recession

The U.S. economy is on the verge of a recession and the world could be on the verge of an economic collapse. At least, that’s the opinion of David Stockman. In an interview on Bloomberg TV earlier this week, the renowned businessman and politician delivered a dire warning to Americans and investors. “Recession [is] coming to the United States much…

Economic Collapse: Peter Schiff Says U.S. Headed for Deep Recession

Peter Schiff Sounds the Alarm Bells Peter Schiff, CEO and chief global strategist for Euro Pacific Capital, thinks the current U.S. economic recovery is the stuff of fantasy. In a recent interview on CNBC’s Street Signs, Schiff said there is no recovery and that the U.S. economy is already in a recession and headed for economic collapse. “The stock market,…

Recession: The Growing Trend Keeping Wall Street Up at Night

The U.S. economy saw some good news last Friday. The U.S. Department of Labor reported that the unemployment rate dipped to 4.9%—the first time the rate has dropped below five percent since February 2008. U.S. wages also picked up as employers increased hours for workers. So, is it time to put recession fears to bed? Not so fast says JPMorgan’s…

Peter Schiff: U.S. Economy on the Brink of Recession

U.S. Economy: Peter Schiff Issues a Dramatic Warning for Investors The disappointing U.S. jobs data has once again sent markets downward on fears of another rate hike from the Federal Reserve. But investor and fund manager Peter Schiff is seeing a rate cut in the cards. Schiff explains in the video why he believes that the December rate hike was…