Economy
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Black Friday Was Dark Indeed for Retailers
Usually, after the biggest shopping day of the year, I scour the internet for a montage of shocking videos for…
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The Numbers Are Screaming That A Giant Tsunami Of US Layoffs Has Now Begun
We knew that economic conditions were deteriorating, but this is getting ridiculous. According to Challenger, Gray & Christmas, the number…
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The US Economy Just Took A Very Dark Turn
The road ahead certainly does not look promising. For much of 2022, there has been a lot of debate about…
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It Is Beginning: 41 Percent Of All Small Business Owners Could Not Pay Rent In November
Many experts are now warning that we could see the housing market and the commercial real estate market simultaneously crash…
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Trillions Upon Trillions Of Dollars Of Wealth Is Being Wiped Out As The “Everything Collapse” Accelerates
Have you checked on the health of your investments lately? If not, you may be surprised to find out where…
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The Outlook For After Thanksgiving Is Not Promising At All
I know that things aren’t great right now, but please try to enjoy the next few days, because it appears…
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3 Major Factors Will Make 2023 Historically Painful For Housing Market
I am extremely concerned by what I am seeing in the housing market. When the Federal Reserve decided that it…
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We Are Being Warned That Meat Prices Could Go Up Another 40 Or 50 Percent
If you have been to the grocery store lately, you have probably noticed that meat prices have gone up dramatically. …
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The End Of The Retail Industry As We Know It Today
Will this be the last “somewhat normal” holiday season for U.S. retailers? Normally, the holiday season is the most profitable…
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Here Comes Your Cashless Society: New York Fed & 12 Banking Giants Launch Digital Dollar Test
Well, if anyone thinks the economy crashing is only Joe Biden’s fault, then you actually need to understand how economics…
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US Consumers Are Doing EXACTLY What They Did Just Prior To The Crash Of 2008
We never seem to learn from our mistakes. Just before the financial markets crashed and the economy plunged into a…
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IMF: Persistent Inflation Will Slow Economic Growth
The International Monetary Fund has issued a rather gloomy outlook for the larger global economy. Persistent inflation is going to…
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Bad News Is Good News – Wall Street Greatly Celebrates The Latest Economic & Financial Disasters
Sometimes I think that we truly are living in Bizarro World. We just witnessed one of the most horrible financial…
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We Just Witnessed A New “Lehman Brothers Moment”, & It Threatens To Unleash A Frenzy Of Panic On Wall Street
Another domino has fallen. We are being told that the failure of FTX “would be kind of like a Lehman…
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US Consumers Will Be Spending Much Less This Holiday Season Because Many Of Them Are Already Tapped Out
This holiday season is certainly going to be far less jolly for millions of Americans. Yesterday, I detailed 11 signs that economic…
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11 Signs That Economic Activity Is Plunging Off A Cliff
Have you noticed it too? There has been a dramatic shift in the economy in recent days. It has been…
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