by Mac Slavo | Nov 5, 2019 | Experts, Forecasting, Headline News
Goldman Sachs CEO David Solomon told Bloomberg that he sees only a small risk of recession. Solomon claims that the United States consumer is spending enough money to continue to prop up the economy. While consumer spending continues to grow at a faster pace than...
by Mac Slavo | Nov 4, 2019 | Experts, Forecasting, Headline News
Blackstone strategist Joseph Zidle is warning that the “mother of all bubbles” could burst if profits don’t improve. Zidle thinks there are several problems in the market right now, including the repo market woes, negative-yielding debt, global trade...
by Mac Slavo | Oct 29, 2019 | Experts, Forecasting, Headline News
One money manager is warning that the United States is incredibly similar to a banana republic and because of that, “we are all screwed.” Michael Pento says that the central bank is panicking and if they happen to stop “juicing” the system, the...
by Mac Slavo | Oct 28, 2019 | Experts, Forecasting, Headline News
The United States’ economic situation has been a bumpy and precarious road for the past several months. But it’s about to get even bumpier. This week’s reports will likely show that the U.S. economy is deteriorating. The effects of the economically...
by Contributing Author | Oct 21, 2019 | Experts, Forecasting, Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. Are we really supposed to believe them? As the next recession rapidly approaches, the mainstream media is assuring us that there isn’t really that much to be concerned about. In...
by Mac Slavo | Oct 18, 2019 | Forecasting, Headline News
Sales of retail goods and food services dropped 0.3 percent last month as consumers tightened their belts. Lower rates of consumer spending will often precede an economic recession. It was bound to happen. After all, the consumer cannot prop up the economy forever....
