U.S. Economy

Brace for a China Economic Collapse China is struggling to find growth and this has spread like a wild fire around the world, wreaking havoc in many emerging and developed economies. The Chinese stock market is holding up but you get a sense problems could be brewing behind…

On virtually every alternative news site you visit these days—and many mainstream sites as well—you will find predictions of economic collapse and coming calamity. The bizarre thing is not that these articles exist, but rather that we have somehow adapted to them and taken them in stride. In…

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…

Hillary Clinton may become the first female president of the United States, but she’ll never be as powerful as Janet Yellen. The head of the Federal Reserve announced that interest rates would stay put, noting that economic activity has slowed and, as a result, consumer spending has declined.…

This Is Where George Soros Is Putting His Money George Soros is one of the greatest investors of all time. In 1973, he founded the Quantum Fund. Over the next two decades, Soros would go on to earn billions of dollars for his investors. Thanks to that type…

George Soros: Chinese Economy Is on the Brink When Billionaire George Soros speaks up, everyone listens. And this time should be no different, as the legendary investor is warning that an economic collapse is coming. Earlier this year, world markets dove on growing fears that China’s economy was…

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…

National-Oilwell Varco Cuts Dividend 89% National-Oilwell Varco, Inc. (NYSE:NOV) is turning to desperate measures to save cash, which could mean lean times ahead for dividend investors. On Monday, the company announced an 89% dividend cut. National-Oilwell Varco’s quarterly distribution will fall to $0.05 per share, versus $0.46 per…

U.S. Economic Collapse Coming An economic collapse in the U.S. is not a myth. One more permabear analyst affirms that a U.S. recession is “virtually inevitable,” echoing Donald Trump’s pessimistic view on the U.S. economy. Albert Edwards of Société Générale says his recession indicator is now "flashing red"…

The end of the ever-mounting real estate markets in Toronto and Vancouver will be “bad,” a BMO economist said of Canada’s current housing bubble. “Odds are that if this kind of price growth (especially Vancouver) continues, it will end badly,” Robert Kavcic, a senior economist at BMO, said…

Poor Outlook for Toronto Real Estate Market The overpriced Toronto real estate market could join the Vancouver real estate market in an upcoming correction that could occur very soon as the oil rout continues to weigh on many aspects of the Canadian economy, according to Capital Economics. “Housing…

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…

Republican presidential frontrunner Donald Trump has joined the permabear club that forecasts an imminent economic collapse in the U.S. He said in an interview with the Washington Post that U.S. economic conditions are so risky that the world’s largest economy is headed for a “very massive recession” and…

The stock market may have rebounded, but it’s still extremely volatile. That’s because there are growing concerns about the global economy (especially China), a larger number of central banks having adopted negative interest rates, corporate earnings that are way down, and stocks that are overvalued. Thanks to the…

Miami is experiencing its second housing bubble in the past 10 years because condo prices have now become less affordable for foreign home buyers particularly from Brazil and Argentina following the weakness of their currencies against the greenback. That’s the drama of the Miami real estate market and…

New York City’s high-end housing bubble may burst sometime soon, according to CNBC Senior Analyst and Contributor Ron Insana, who sees a “dangerous” oversupply and slowing demand for the New York City real estate market. Data show general poor demand for condo apartments above $3.0 million in the…

Federal Reserve in a Bind There is only one reason why the Federal Reserve is taking a cautionary approach to interest rate hikes: the rest of the world. Janet Yellen, Federal Reserve chair, said recently that while U.S. economic growth is on track, the Fed was leaving its…

Auto Sales Signal Economic Collapse? If the U.S. economy should encounter a major speed bump—again—is it possible that the trigger for the coming economic collapse could be hiding in plain sight? Or, in this case, sitting right in your own driveway? Car Business Possibly Not as “Awesome” as…

Negative Interest Rates Bad Idea, Analyst A distinguished financial blogger has labelled negative interest rates policies (NIRPs) as bad news that signify central banks’ “insanity, impotence and desperation,” and which are likely to prompt profit-seeking lenders to resort to “modern-day Bernie Madoffs,” other than stuffing their life savings…