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…

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…

Peter Schiff, the top Libertarian economic forecaster, believes the U.S. economy is on the verge of economic collapse. In response to the coming recession, Schiff told RT on Friday that he expects layoffs will start sometime this year. (Source: “Fed Hoping to Will Recession Away With False Optimism,”…

Cash Could Be Victim of Economic Collapse Is it possible to be in a war, to be moving towards economic collapse, and not know it? Yes, it is. In the last few years, a clandestine war has been waged behind the scenes between the governments of the Western…

Billionaire Jim Rogers’ Top Trades in 2016 Billionaire Jim Rogers has a dire prediction for the U.S. economy. Rogers is worried about the U.S. economy and sees a U.S. dollar bubble in the cards. The chairman of Rogers Holdings is buying the U.S. dollar, while shorting the U.S.…

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…

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…

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…

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…

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…

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…

Jim Rogers: Everyone Will Suffer Jim Rogers, the legendary billionaire investor and chairman of Rogers Holdings, says the global economy is about to get pounded into a recession and, as usual, the average person will be the one who suffers. “We’re all going to suffer,” Rogers said in…

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…

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…

Global Economy on Verge of Recession: Analyst Global financial markets are caught in a slippery death spiral. They will cause a global recession that will spare nobody, say Citigroup analysts. (Source: “Citi: World economy trapped in ‘death spiral’,” CNBC, February 5, 2016.) Citigroup’s Jonathan Stubbs says four trends…

2016 will be an interesting year no matter what. Which direction it goes depends on whom you ask. Bankers see the worst start of the year for stocks as an emotional response to economic news, which they believe is really quite strong. But I believe the elements are…

Here in late 2015, almost each passing day, we get data suggesting the U.S. economy is headed towards a recession in 2016. Of biggest concern is consumer consumption, also known as consumer spending, which makes up two-thirds of U.S. gross domestic product (GDP). The chart below, courtesy of…

The markets were mostly upbeat last week after the Federal Reserve hiked interest rates for the first time in almost a decade by a razor thin 0.25%. Federal Chair Janet Yellen wasn’t quite ready to shout “Mission Accomplished” aboard an aircraft carrier, but her words did tell Wall…

For 2016, a recession is becoming a more likely scenario than economic growth, confirmed by two leading indicators and these charts. Consumer Spending in U.S. Economy Slumps Consumer spending in the U.S. economy is in a downward spiral. Major retailers are complaining about not being able to drive…

Retail Stocks Are Crashing at the Fastest Pace in Years Media pundits are doing their best to paint a rosy picture of the U.S. economy, but the recent crash in retail stocks shows the country could be on the verge of a recession, and even an economic collapse…