DollarCollapse's John Rubino Joins Us To Break Down the Political & Market Impacts of Trump's Stunning Win. Rubino Presents A TERRIFYING Scenario: But This Is Paradise for Precious Metals...
Gold Investment Demand Increased This Year, Especially The Day After The Trump Election:
UBS' Art Cashin is watching yields, interest rates and the money supply to gauge what markets will look like under President Trump.
Over the last decade, the debt has expanded by more than $3 trillion beyond the sum of the government's budget deficits over that same period of time. In most years, in fact, the government's reported budget deficit is lower than the actual growth in the national debt. Fiscal 2016 was a perfect example. Just weeks ago, the Treasury Department reported a $587 billion budget deficit for the fiscal year. But according to the government website that tracks the total U.S. debt to the penny, the actual national debt grew by about $1.4 trillion.
While many areas of the US are now back near housing bubble territory after correcting, Canada never corrected and today has seen real estate values inch into the stratosphere. Global wealth, largely from China is fueling the flames of the Canadian housing bubble. While many that live in areas
Mortgage rates have now moved nearly a half a percentage point higher since Donald Trump was elected president.
Back in 2013, when housing was reported by some to be in Nirvana, a number of housing analysts said that higher rates would not dampen housing demand because overall payments would not increase that much, higher rates would mean the economy was doing better so people would have more money to spend on mortgages and…
GDP Without the Debt Incurred Is Just A Gross Distortion GDP or gross domestic product is the big lie used by politicians because it neatly...
At certain times, it’s really not that hard to predict "what" is going to happen next after disastrously short-sighted and self-interested policies are enacted. Predicting the "when", with precision, is much tricker. But obvious misguided economic policies are destined to have a limited period of apparent (but false)
The pony people (aka Wells Fargo) has just issued a mortgage-backed securities alert. (Bloomberg) -- Extension risk in mortgages is “far more severe” than production coupon models suggest, Wells Fargo managing director on the mortgage trading desk Kevin Jackson wrote in a client note. Investors need to ask themselves how they feel “about current compensation…
To Highest Since Last Fed Rate Hike. It is a new week and already the 10-year and 30-year US Treasury yields are spiking to their highest levels since the last Fed rate hike on December 15, 2015. First the 30-year Treasury yield: Now the 10-year Treasury yield: And now for the US Dollar basket: Finally, the USD Inflation Swap Forward 5Y5Y is now…
James Bianco, president of Bianco Research, cautions about big bets on the return of inflation after Donald Trump's surprising win and sees the long term bull market at risk.
If you want to stop being played as a chump, turn off the CNN/MSM and disengage from the self-referential social media distraction.
Jim Rickards shows exactly how the next financial crisis will spread - borrowing from a piece of sci-fi in his latest book, The Road to Ruin...
(Biggest Month-to-Month Increase Since August 2007) ATTOM Data Solutions, curator of the nation’s largest fused property database, today released its October 2016 U.S. Foreclosure Market Report™, which shows a total of 105,481 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in October, up 27 percent from a 129-month…
USD Index has spiked back above 100 - the highest in over a year - as Offshore Yuan crashes to over 6.85/$, the weakest since inception... Simply put turmoil continues...
Former Reagan Budget Director David Stockman on the need to rein in America's mounting debt.
Could Ireland follow Britain out of the EU?
THE EU’s days might be numbered with Italy about to vote on a referendum which could send shockwaves across the continent.
India’s cash crisis stretched into its third day as ATMs ran dry and people stood for hours in long lines to exchange their now-defunct notes, while a government official said the shortages will continue into December.