by Contributing Author | Jan 22, 2020 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. President Trump told The Wall Street Journal on the sidelines of the World Economic Forum in Davos, Switzerland, that the White House plans to unveil a new tax-cut proposal for the middle class in...
by Mac Slavo | Jan 13, 2020 | Emergency Preparedness, Forecasting, Headline News
Ninety-seven percent of CFOs (corporate financial officers) surveyed in a new poll believe that the United States will be in recession by the end of 2020. Eighty-eight percent of CFOs represented in the survey work at companies generating greater than $1 billion in...
by Mac Slavo | Jan 9, 2020 | Headline News
The retail apocalypse was particularly bad in 2019, and only days into 2020, Macy’s has announced it’ll begin closing stores, following a trend in the industry. Macy’s will close a minimum of 28 stores, and one Bloomingdale’s as problems in...
by Mac Slavo | Nov 6, 2019 | Experts, Headline News
Mortgage rates are on the rise even though the Federal Reserve lowered interest rates once again recently. The 30-year fixed-rate mortgage averaged 3.78% during the week ending October 31. That’s up three basis points from the previous week. It’s the first time...
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....
