by Mac Slavo | Nov 25, 2019 | Forecasting, Headline News
An earnings recession is now expected after the forecast after fourth-quarter projections send expectations from a gain of more than 5% to a decline. What that means, is that the holiday season and consumer spending is no longer expected to pull corporate earnings out...
by Mac Slavo | Nov 14, 2019 | Experts, Headline News, Peter Schiff
Investment guru Peter Schiff says that people should ditch the dollar. And not just the dollar; all fiat currencies. Instead, he says people should be buying gold, a “real safe haven” asset. The real driver behind the rise of gold prices is the world’s...
by Mac Slavo | Nov 11, 2019 | Headline News
Wisconsin’s dairy crisis has only just begun as the state is losing two farms each day, according to Patty Edelburg, vice president of the National Farmers Union. As farm bankruptcies soar, it is possible that nearly 10% of Wisconsin dairy farmers may go out of...
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...
