Silver as an investment

Category Archives: Recession

Summer Epocalypse Countdown: Trump Turmoil Takes Top Off Trump Rally

The following article by David Haggith was published on The Great Recession Blog: When financial Armageddon arrives, it can hit in a flash like a dangerous rogue wave — the kind that rises up when two big waves from different storms intersect and merge into a single wave big enough to capsize a ship. The global Wannacry warware attack and endless waves […]

Shocking Admission From NY Bankruptcy Judge: “Chapter 11, 15 Filings Have Exploded”

A stunning soundbite was captured by a Bloomberg reporter during last week’s event at the American Bankruptcy Institute. According to judges speaking at an ABI conference Thursday in Manhattan, the U.S. Bankruptcy Court for the Southern District of New York is seeing a sharp rise in cases this year, with Chapter 11 and Chapter 15 […]

We Now Know “Who Hit The Brakes” As Loan Creation Crashes To Six Year Low

zerohedge.com / by Tyler Durden / May 21, 2017 5:00 PM The wheels are falling off the US bank loan market. After we first showed in early March the steep drop in bank loan creation for both Commercial and Industrial, auto and total loans – all traditionally leading indicators to economic contraction and recession as business and consumers […]

A Quarter Of American Adults Can’t Pay All Their Monthly Bills; 44% Have Less Than $400 In Cash

There was some good news and some not so good news in the Fed’s latest annual Report on the Economic Well-Being of U.S. Households. First the good news. The report, based on the Board’s fourth annual Survey of Household Economics and Decisionmaking conducted in October 2016, presents a “picture of improving financial well-being among Americans”, […]

The Housing Moment Investors Dread Is Here

Authored by Danielle DiMartino Booth via BloombergQuint.com, Amid the carnage in the auto sector, economists have sought solace in the comforts of home, sweet home. A recent Census release suggests that Millennials, long sidelined, have finally started to tiptoe into the home-buying market. The reception to the data was so effusive that other reports, suggesting […]

CNN News Flash Inadvertently Confirms Trump’s Innocence in Russiagate Story

Here’s an odd twist in the Russiagate story: CNN, whose barrage of stories about Trump have run 93% negative according to a Harvard study, just confirmed that President Trump is telling the truth when he says he had no connections with Russia during the campaign. Watch the story — at least the first few minutes […]

No…You Can’t Have Your 90’s Back

zerohedge.com / by Lance Roberts via RealInvestmentAdvice.com / May 15, 2017 8:14 AM As I was writing the newsletter this past weekend, the following email rolled into my inbox: “The S&P will double. And not just eventually. But over the next 5 years (or sooner). Sounds like a Herculean task on the surface, but it’s really not. My […]

Panic! Like It’s 1837

Via The Daily Bell 180 years ago today, everyone panicked. On May 10, 1837, New York banks finally realized that the easy money they were lending was unsustainable, and demanded payment in “specie,” or hard money like gold and silver coin. They had previously been accepting paper currency that for every $5 was backed by […]

Canada, Let’s Not Minsky Words

After tonight's significant downgrade and warning from Moody's about Canadian Banks, the following seems extremely prescient now. Authored by George Stockus via BeatlesOnBanking.com, Stability breeds instability – this was economist Hyman Minsky‘s lasting contribution to the craft.  The Minsky Moment , popularized during the 07-09 US housing crisis, basically suggests breeding animal spirits too long creates […]

Trump Named As “Risk Factor” In Company Filings 3x More Than Obama

According to the research firm Sentieo, which spent hours and hours of time scouring the “Risk Factor” sections of 10-Ks and 10-Qs, Trump has been about 3x more likely to be cited by a publicly traded company in the U.S. as a “Risk Factor” in his first 100 days in office than was Obama.  Courtesy […]