Silver as an investment

Category Archives: macroeconomics

Austerity Isn’t Dead, It Will Come Back With A Vengeance

Authored by Jonathan Rochford via NarrowRoadCapital.com, There’s been a steady stream of recent articles claiming that austerity is dead. The “magic” of false measurements, animal spirits and money printing are used to convince the gullible that there is an easy way out. This one from James McCormack at Fitch argues that populist politicians are responsible for […]

Drugs & Demographics – National Tragedy, But Where From?

Authored by Jeffrey Snider via Alhambra Investment Partners, In 1928, the fertility rate of American females (aged 15 to 44) was 93.8 per 100,000. By 1931, the first year of full Great Depression and collapse, the rate had declined to 84.6. It would bottom out, unsurprisingly, around 1933 and 1935 and the end of the […]

The Rise Of Zombie Companies (And Why It Matters)

Authored by Daniel Lacalle via The Mises Institute, The Bank of International Settlements (BIS) has warned again of the collateral damages of extremely loose monetary policy. One of the biggest threats is the rise of “zombie companies.” Since the “recovery” started, zombie firms have increased from 7.5% to 10.5%. In Europe, BofA estimates that about […]

An Indicator Of Peril

Authored by 720Global's Michael Lebowitz, via RealInvestmentAdvice.com, Thanks to Jesse Felder, we recently stumbled upon a measure of economic conditions that has reliably signaled every recession since 1948. The data point, Real Value Added, is currently in negative territory and may, therefore, be a harbinger of an economic downturn.  If it is a false signal, […]

From Jihad To Jobs, Paul Craig Roberts Says “Fakes News Is A US Media Specialty”

Authored by Paul Craig Roberts, The American media specializes in fake news. Indeed, since the Clinton regime the American media has produced nothing but fake news. Do you remember the illegal US bombing and destruction of Yugoslavia? Do you remember “war criminal” Slobodan Milosevic, the Serbian president branded “the butcher of the Balkans,” who was […]

Greenspan Fears Imminent Stagflationary Slump, Warns The Bubble Is In Bonds Not Stocks

Former Fed chair Alan Greenspan blasphemously warned a year ago of an "imminent crisis": "This is the worst period, I recall since I've been in public service. There's nothing like it, including the crisis – remember October 19th, 1987, when the Dow went down by a record amount 23 percent? That I thought was the […]

The Fed’s Monetary Tantrum Will Push The Economy Into Outright Deflation

Via MauldinEconomics.com, It is increasingly evident that the US economy is not taking off like some predicted after the election. President Trump and the Republicans haven’t passed any of the fiscal stimulus measures we hoped to see. Banks and energy companies have got some regulatory relief, and that helps. But it’s a far cry from […]

AUDUSD Slides Back Under 0.80 After RBA Warns Over Strong Exchange Rate

The AUDUSD has faded overnight gains and was trading near session lows after the RBA kepts its interest rate at 1.5% as expected and previewed last night, however in an echo of last week’s comments from Lowe, the central bank flagged that a stronger AUD was expected to contribute to subdued price pressures and was […]

John Mauldin: “One Of These 3 Black Swans Will Trigger A Global Recession”

Authored by John Mauldin via MauldinEconomics.com, Exactly 10 years ago, we were months way from a world-shaking financial crisis. By late 2006, we had an inverted yield curve steep to be a high-probability indicator of recession. I estimated at that time that the losses would be $400 billion at a minimum. Yet, most of my […]

Southern California Median Home Price Doubles In Five Years

Submitted by Jeff Paul The US government likes to pretend that the rising cost of living is under control. People in Southern California know better. According to a new report in the Los Angeles Times, median house prices in Southern California have doubled in the last five years. LA Times reports: In many corners of […]