TRADE WAR Rhetoric Intensifies: ‘No One Is In A Position To Dictate To The Chinese’
Mac Slavo | The trade war rhetoric continues to heighten tension between the United States and Chinese governments.
Tag: Money Watch
Top Economist: “If The Fed Raises Interest Rates Tomorrow They Should All Be Fired For Economic Malpractice”
Michael Snyder | The Federal Reserve is responsible for creating the stock market boom that we have witnessed in recent years.
“Feel The Market”: Trump Pleads With Fed Not To Raise Rates As FOMC Meeting Begins
Zero Hedge | Trump pointed out the incongruity in the Fed raising interest rates while “the world is blowing up.”
The stock market is on pace for its worst December since the Great Depression
CNBC | Two benchmark U.S. stock indexes are careening toward a historically bad December.
Stocks Are On Pace For Their Worst December Since The Great Depression – The Dow Is Now Down Over 3,300 Points From The Peak
Michael Snyder | U.S. stocks have not fallen this dramatically during the month of December since the Great Depression of the 1930s.
Americans Turn More Pessimistic on Economy
Bloomberg | The number of Americans expecting the U.S. economy to get worse in the next year is at its highest point since 2013, a national NBC/Wall Street Journal poll shows.
The Bond Market Has Frozen: For The First Month Since 2008, Not A Single Junk Bond Prices
Zero Hedge | The reason the banks were stuck with hundreds of millions in unwanted paper is because they had agreed to finance the bridge loan whether or not there was enough demand from investors, as the acquisition needed to close by the end of …
Google to invest $1 billion in new campus in New York City
CNBC | Google will invest $1 billion in a new campus in New York City, the company announced on Monday.
Global Stocks Tumble On Poor Econ Data From China To Europe
Zero Hedge | It’s a sea of red to end the week as world stocks and US futures tumbled on Friday after weak economic data from China to Europe raised global recession fears.
CFOs Predict A 2020 Market Crash And Recession In 2019
Mac Slavo | A vast majority of chief financial officers in the United States say that the economy will sink into a recession by the end of President Donald Trump’s first term in 2020.
In Just 2 Years, US Debt Grew The Size Of The Entire Brazilian Economy
Mac Slavo | In a mere two years, the United States debt has massively grown.
‘Minimum wage is nuts if you work 70 hours a week’: French farmers’ union blasts Macron’s promises
RT | “We have nothing to do with minimal wage as we don’t talk working overtime because it’s all unclear when you work 70 hours a week.”
California To Tax Text Messages? Like WTF!
Zero Hedge | The tax would likely be a flat fee added to a customer’s monthly bill, instead of a per-text tax – and could be applied retroactively for five years.
Peter Schiff: “The American Standard Of Living…It’s Going To Collapse”
Mac Slavo | Market analyst and financial guru Peter Schiff says that the United States economy is headed for a disaster.
Two-Thirds Of Americans Think That They Are Middle Class – But Millions Of Them Are Dead Wrong
Michael Snyder | This is yet another example of the major psychological shift that is taking place in our nation.