by Mac Slavo | Sep 19, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
For the first time in three years, the S&P 500 is in an earnings recession. And that’s not the worst news. Economists expect it to only get worse as the year progresses. According to a report by Market Watch, analysts surveyed by FactSet currently project a...
by Mac Slavo | Sep 19, 2019 | Emergency Preparedness, Experts
Because credit card rates are so much higher now than they were in the past, even a mild recession could crush those who carry credit card debt. The current national average interest rate on credit cards is 17.61%, just shy of the record set in July. By comparison,...
by Mac Slavo | Sep 18, 2019 | Experts, Forecasting, Headline News
A large crack has appeared in the financial markets overnight in a segment of the market that the public rarely, if ever, notices. This crack, however, is crucial to the functioning of the global financial system. Borrowing rates skyrocketed on Tuesday forcing the...
by Mac Slavo | Sep 18, 2019 | Headline News
For the first time, the U.S. Navy has acknowledged that the three UFO videos that were released by former Blink-182 singer Tom DeLonge and published by The New York Times are of real “unidentified” objects. The U.S. government is finally, albeit slowly...
by Mac Slavo | Sep 18, 2019 | Emergency Preparedness, Experts, Forecasting, Headline News
Chief financial officers in the United States have started to prepare themselves and their finances for a recession. For the first time in several years, economic uncertainty is now their lead concern, replacing worries about the difficulty of hiring and retaining...