Article Source The United States is on a path to financial ruin, and everyone can see what is happening, but nobody can seem to come up with a way to stop it. According to the […]
Article Source The federal government set an all-time record budget deficit in February. And this is with a Republican in the White House. The GOP is supposed to be the fiscally responsible party. In this […]
Article Source A new alarming parallel between today’s eviction crisis and the sub-prime mortgage crisis which helped spur the Great Recession has surfaced. The economy is sending warning signs to those who choose to take heed. […]
Article Source Every time the folks at the Federal Reserve talk about the “Powell Pause,” they assure us that the US economy is still strong. The president assures us that the US economy is still […]
Article Source Consumer confidence plummetted in March shocking the mainstream media. But to those who have been following the economy, this wasn’t as shocking as some pundits are declaring. According to Investing, consumer confidence is […]
Article Source When economic conditions initially begin to slow down, businesses continue to order goods like they normally would but those goods don’t sell as quickly as they previously did. As a result, inventory levels […]
Article Source J.C. Penney plans to close 27 stores this year, including 18 full-line department stores and nine home and furniture stores. The store closures span at least 13 states, including California, Florida, Georgia, North […]
Article Source One year into president Donald Trump’s trade war and tariffs on metals, all data points to bad news. There are more losers than winners in this economic war, and the trade deficit has widened […]
Article Source On Friday, the yield curve inverted, often a warning sign of an impending recession. Many mainstream pundits say we shouldn’t be concerned about the inversion and that the US economy is still healthy. […]
Article Source If the bond market is correct, the U.S. economy is definitely heading into a recession. Over the past 50 years, there have been six previous occasions when the yield on three-month Treasury bonds […]
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