Michael Snyder | The middle class in America has been declining for decades, and we continue to get even more evidence of the catastrophic damage that has already been done.
Zero Hedge | Who said lending unlocked by QE failed to “trickle down” to the general population.” Well, maybe not the general population, but certainly the wealthiest 0.001%, or those who don’t actually need the money.
RT | Sanctions are forcing Russia to find alternative settlement currencies to the US dollar to ensure the security of the country’s economy, according to President Vladimir Putin.
Michael Snyder | We haven’t had an October like this in a very long time.
RT | The US dollar could severely depreciate against the euro by 2024, says forex analyst Ulf Lindahl, chief executive officer of A.G. Bisset Associates. He says the greenback is entering the cycle of losses.
Mac Slavo | The Feds officials are dedicated to the belief that rising rates will contribute to a more stable economy.
Michael Snyder | Could it be possible that the Federal Reserve is attempting to influence the outcome of the upcoming midterm elections?
Zero Hedge | According to Gallup, Americans’ evaluations of current US economic conditions and the economy’s trajectory have not been more optimistic since 2000.
American Mirror | The Democrats’ top objective if they retake the House in November is to score a political point.
The Last Refuge | The Bureau of Labor Statistics has released some remarkable economic data today.
CNBC | BNY Mellon’s chief currency strategist said the current sell-off echoes 1987 market crash, speaking to CNBC Tuesday.
Grizzle.com | The ostensible trigger for the bond sell-off was a strong non-manufacturing ISM number which rose to the highest level since 1997.
Michael Snyder | The bigger they come, the harder they fall.
Michael Snyder | It looks like it could be another tough week for global financial markets.
Zero Hedge | The melting ice cube that is Sears – once a shining beacon of American consumerism – has finally dissolved.