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 | 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 Contributing Author | Oct 8, 2019 | Headline News
This article was originally published by Charles Hugh Smith at Of Two Minds Blog. The Fed’s nearly-free money for financiers policies in support of the Super-Rich do not exist in a vacuum–the disastrous consequences are already baked in. As Gordon T. Long...
by Contributing Author | Aug 29, 2019 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. You can believe that we will somehow beat the odds this time if you want, but history is completely against you. One of the biggest reasons why there is so much anxiety on Wall...
by Contributing Author | May 15, 2019 | Headline News
This article was originally published by Tyler Durden at ZeroHedge. While market mood has shifted diametrically from yesterday, with stocks sharply higher on Tuesday following what has widely been interpreted as conciliatory comments from both president Trump and...