US Housing Market To Get Uglier In Near Future

Authored by Wolf Richter via WolfStreet.com, Sales decline to steepen, no respite in sight. The reasons for the housing-market downturn are in the eye of the...

Chinese Warn Of “Immediate” Retaliation As Trump Readies $50 Billion Tariff Package

Just hours after President Trump reportedly signed off on tariffs targeting some $50 billion in Chinese goods (a decision that was finalized after a 90-minute...

Paul Craig Roberts Asks “Is The Fed Losing Control Of The Gold Price?”

Authored by Paul Craig Roberts, After years of being kept in the doldrums by orchestrated short-selling described on this website by Roberts and Kranzler, gold...

Michael Moore Flashback: In Praise Of Venezuela

Authored by Mike Shedlock via MishTalk, "Oil for the People": Michael Moore is in praise of Chavez ending poverty in Venezuela. I captured that Tweet as an image in...

Bernanke, Geithner & Paulson Warn: “We’ve Forgotten The Lessons Of The Financial Crisis”

Late last month, the Fed declared that six of the country's biggest banks needed to scale back their plans for returning cash to shareholders to strengthen...

Peter Schiff: Why The Fed Won’t Be Able To Rescue The Economy This Time...

Via SchiffGold.com, Peter Schiff has been saying that the Federal Reserve is going to take interest rates back to zero and launch another round of...

China Car Sales Plunge Most In 7 Years Amid Global Auto Industry Meltdown

Car sales in China continued their relentless descent in January, falling 17.7%, as we recently expected would happen when discussing Europe's tumbling January auto sales....

Consumer Confidence Takes a Hit From Hurricanes

American consumers feel a bit less confident this month, their spirits pulled down by Hurricanes Harvey and Irma.The Conference Board says its consumer confidence...

The Economy Has Fundamentally Changed In The 21st Century…And Not For The Better

Authored by Charles Hugh Smith via OfTwoMinds blog, The net result is we have an economy that's supposedly expanding smartly while our well-being and financial...

Trump Says US Should Join “Great Currency Manipulation Game” By Devaluing Dollar

President Trump has never been a fan of the strong dollar. And after beating around the bush for months by demanding a 50 bp...

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