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"Things Are Worse" - Dollar Stores' Startling Admission: Half Of US Consumers Are In Dire StraitsAug 26, 2016 - 06:34:49 PDT
If there was any confusion about how the lower half of the US consumer class is doing these days, it was quickly lifted following today's distressing earnings calls of dollar store titans, Dollar General and Dollar Tree.
there was a stunning admission by a former Regional Federal Reserve Bank President last night. We discuss in this morning's video
Aug 26, 2016 - 06:14:28 PDT
“ without immediate action by Congress, America could slip into a financial panic and a distressing scenario would unfold.”
On "Single Best Chart," Bloomberg's Tom Keene looks at Fed Chair Janet Yellen's too-big-to-fail repression. NYU Stern School of Business Professor Brad Hintz also speaks on "Bloomberg Surveillance." (Source: Bloomberg)
The U.S. economy grew less than previously reported last quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish first-half performance propped up mainly by consumer spending.
Fed’s forecast of gradual rate hikes is damaging its credibility and the economy, Bullard saysAug 26, 2016 - 05:54:13 PDT
The Fed’s own forecast of 200 basis points in rate hikes is damaging the economy and the central bank’s credibility, said St. Louis Fed President James Bullard on Friday.
Chair Yellen to give speech Friday morning; panel discussion Saturday with Bank of Japan Governor Haruhiko Kuroda, European Central Bank Executive Board Member Benoit Coeure and Bank of Mexico Governor Agustin Carstens
Global shares slipped to a two-week low and the dollar edged down on Friday as investors turned cautious before a keynote speech by Federal Reserve Chair Janet Yellen that could map out a clearer path for U.S. interest rates.
http://www.investing.com/news/economy-news/fed-officials-tell-activists-rate-hikes-won't-derail-economy-422459
Will Tesla ultimately be the catalyst behind transforming the auto industry from ICE vehicles to electric vehicles? Our analysis signals it can and likely will.
What Can We Say About a System that Criminalizes a Safe Painkiller (0 Deaths) & Promotes Big PharmaAug 26, 2016 - 05:38:06 PDT
So when will the citizens wake up to the criminality of their government in favoring killer corporate opiates over safe natural painkillers?
the “unexpected” events of January and February were a dramatic wake-up call for central banks. Last August’s global liquidation they could at least try to ignore because it could possibly fit within the paradigm of “transitory”
How vulnerable is your country to natural disasters? The 2016 World Risk Index is now out and it shows that infrastructure is a key factor in the ability to withstand events like hurricanes, earthquakes and tsunamis.
Venezuela is facing the worst economic and humanitarian crisis in its history, can it possibly recover from this downturn?
Earlier this week the German government leaked a frightening 69-page memo entitled “Concept for Civil Defense.”
Global cooling leads to crop failures, which leads to food shortages. In turn, food shortages lead to rising aggression where we see spikes in our War Cycle.
The Start of Stage 3? Retail Broker Charles Schwab Begins Suggesting Gold To ClientsAugust 25, 2016
Are We Nearing the 3rd and FINAL Stage of Gold's Secular Bull Market? Retail Broker Charles Schwab Has Begun Recommending Clients Consider Investing in Gold...
China's Song Xin: We Must Increase Our Gold Holdings for Gold to Fulfill its DestinyAugust 25, 2016
For China, gold’s strategic mission lies in the support of renminbi internationalization, and so let China become a world economic power and make sure that the China Dream is realized... […]
It is sort of ironic that the last real vestiges of hard money in the United States were silver certificates.