U.S. Economy

Weak Chinese Yuan Is a Bad Sign The People’s Bank of China made a desperate move last Wednesday by forcing the Chinese yuan to a five-year low against the U.S. dollar. It was basically an admission that China’s economic collapse is just around the corner. (Source: “China Fixes…

Jim Rogers Delivers Dire Warning Billionaire investor Jim Rogers suggests that oil prices are not going to drop below $30.00 for some time; he predicts a correction. Meanwhile, as the rally lasts, there will be downward pressure on the U.S. dollar. Rogers, who has painted a bearish scenario…

Economy in Slow-Motion Financial Crisis Democrats have been taking victory laps the past few weeks, telling everyone how President Barack Obama saved the U.S. economy. Meanwhile, ordinary Americans are reeling from the slow-motion financial crisis sparked by the president’s bad economic decisions. That list unfortunately got a bit…

Another Sign of the Economic Collapse? For the first time in 130 years, more young people are living with their parents than their spouses. I know millennials spend a lot of time whining about “trigger warnings” and “safe spaces,” but they are the ones who will live through…

Toronto Real Estate Market Overheating The Toronto real estate market is red hot, fueled by overheated pockets in the Greater Toronto Area. The resale market has set new and absurdly high records in April to further tighten in the dawn of what is usually the most active housing…

With somewhat decent data coming from economic indicators, an economic collapse is not really on the minds of most Americans. But according to billionaire investor Jim Rogers, it’s more than just likely for the U.S. economy to experience a downturn in the near future. In an interview with…

Chanos Delivers Blunt Reality Check on China Jim Chanos is at it again. The billionaire short seller has often worried that China’s economic collapse is right around the corner. Last year’s stock market crash proved he may have a point, but how would we know when the economic…

When it comes to retail sales, if you’re betting between bricks and bytes, go with the latter. U.S. e-commerce sales surged in the first quarter as traditional brick-and-mortar retail sales limped along. Despite the weak economic outlook, online sales continue to impress. More than a few stocks will…

A top Federal Reserve official says there are good arguments for raising rates in June. And, the longer the Federal Reserve delays hiking rates, the more the U.S. economy falls behind. While many think the Federal Reserve needs to start making up ground, the fact of the matter…

The Numbers That Could Keep You Up at Night After the 2008 stock market crash, Washington, D.C. became even more insufferable than it already was. Its smug liberals kept congratulating themselves on saving America from an economic collapse, but new data shows they only postponed Judgment Day. On…

The number of Americans filing for unemployment rose last week to a 14-month high. This coupled with weak April U.S. job numbers should have most analysts questioning the health of the labor market and, more broadly, the sustainable long-term strength of the long-suffering bull market. One industry that…

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…

U.S. Economic Collapse Permanent? Haven’t we been warning you that an economic collapse is right around the corner? Even after a minor stock market crash at the start of 2016, few investors seemed to get it: this economic crash might be permanent. Every time we shine a light…

Has the U.S. Economy Really Recovered? Federal Reserve Chair Janet Yellen announced that interest rates would stay put—for now. The reason this time around? The U.S. economy has slowed and consumer spending was muted. This is in addition to the fact that the global economy remains weak and…

April Jobs Report Borderline Disaster President Barack Obama is taking a victory tour, telling the world how he saved the U.S. economy. Meanwhile, the fallout from the president’s bad economic decisions continues to pile up. For proof, take a look at the April jobs report. Here are the…