Article Index
U.S. Economy

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…

The Dow Jones Industrial Average (DJIA) was little changed before the close of trading on Thursday, heading to end a volatile quarter with a nearly 1.6% gain. The Dow Jones index was flat at 17,717.21 as of 3:50 p.m. in New York. 17 shares were declining and 13…

Income Investing Only Getting Harder Low interest rates have made income investing harder than ever, but actions by central bankers threaten to make the problem for retirees even worse. Earlier this month, the European Central Bank (ECB) slashed interest rates in a last-ditch attempt to stimulate the economy.…

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…

Dow Jones Trades Near Session Highs on Fed Chair Speech The Dow Jones Industrial Average (DJIA) turned higher at noon on Tuesday as Federal Reserve Chairwoman Janet Yellen said the Fed still envisages a gradual pace of interest rate hikes in light of global pressures that could weigh…

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…

Janet Yellen Speech Moves Gold Price In the early hours of Tuesday, March 29, the gold price started moving in anticipation of a speech by Janet Yellen. Investors were uncertain as to what the Federal Reserve was planning for U.S. monetary policy, which is why volatility spiked in…

How the Government Wastes Your Tax Dollars Liberals say they don’t have enough money to fix everyone’s problems. Maybe that’s because the government wastes billions on silly projects. Take the latest report from the National Endowment for the Humanities (NEH), for example. According to the foundation’s record of…

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…

The S&P 500, which breathed a sigh of relief on Friday when it erased all its 2016 losses, may crumble by more than one-third by the end of the year because of Federal Reserve policies, says renowned businessman and politician David Stockman, a long-time believer in an imminent…

Perma-bear investor Peter Schiff says consumers have no confidence in the U.S. economy and are going to vote for anti-establishment candidates Donald Trump of the Republican Party and Bernie Sanders of the Democratic Party. The top Libertarian financial analyst advised cautious investors to follow his course, pouring their…

Ron Paul Issues Dire Warning Former member of the U.S. House of Representatives and three-time presidential candidate Ron Paul warned that government spending must be reduced if America is going to avoid a major economic collapse. “Budgets that merely tinker around the edges of the welfare-warfare state, or…

U.S. stocks have rallied since mid-February after the worst start ever. With an economic slight-of-hand, you could even say the stock market is at its highest levels in 2016, but that isn’t saying much. U.S. stocks may be positive for the first time this year, but the foundations…

U.S. on Verge of Economic Collapse, Says Marc Faber Adding more emphasis on his belief that the U.S. is on the verge of an economic collapse, perma-bear investor Marc Faber advised retail investors not to put money in U.S. stocks; instead, according to Faber, investors should pour their…

“Dump Trump” Fights Intolerance with Violence “Dump Trump” protesters ramped up their violent attacks against Republican frontrunner Donald Trump by beheading a look-alike effigy in Salt Lake City. On Friday, KSL 5 reporter Nicole Vowell tweeted several videos of “Stop Trump” demonstrators protesting on the steps of city…

Is the U.S. on the Verge of an Economic Collapse? Foreign governments are accelerating sales of U.S. debt they hold, a fresh signal that a U.S. economic collapse is coming soon. Foreign holdings of U.S. Treasury debt and other notes have dropped to $6.18 trillion in January 2016,…

A Donald Trump presidency may cause a global economic crisis, according to the Economist Intelligence Unit (EIU), a respected risk analysis firm. Updating its global risk assessment, the British firm ranked the election of Trump a 12 on a scale of one to 25, or sixth on its…