by Mac Slavo | May 16, 2019 | Headline News
Even though the unemployment rate is historically low, delinquencies on automobile loans have spiked to levels not seen since the 2009 Great Recession. People are increasingly failing to make payments on their vehicle loans and a horrifying number of those delinquent...
by Mac Slavo | May 15, 2019 | Headline News
The Federal Reserve announced Wednesday in a downbeat report that the United States’ industrial production slumped in April. The Fed’s report also included sharp downward revisions for other important segments of the U.S. economy. According to Market...
by Mac Slavo | May 15, 2019 | Commodities, Headline News, Precious Metals
The central banks of the world have been buying up gold at the fastest rate in 6 years. This is flashing warning signs for the future of the United States dollar. Central banks (the Federal Reserve) and foreign governments hold literally trillions of dollars of...
by Mac Slavo | May 15, 2019 | Forecasting, Headline News
Chief investment officer Jeffrey Gundlach of DoubleLine Capital sees the chances of a recession within the next two years as “extremely high,” he said on an asset-allocation webcast on Tuesday. Gundlach says there are obvious weaknesses beginning to...
by Mac Slavo | May 14, 2019 | Headline News
According to the U.S. Treasury Department’s Office of Debt Management, the U.S. government is just five years away from the point of no return. With the national debt spiraling quickly out of control, there are only a few years left before every single dollar the...
