by Contributing Author | May 25, 2020 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. Even though most U.S. states have begun the process of “reopening” their economies, the unprecedented tsunami of job losses that we have been experiencing just continues to roll...
by Contributing Author | Dec 30, 2019 | Headline News
Pending home sales data today is a tie-breaker after weaker existing home sales and stronger new home sales in November. Pending home sales rose 1.2% MoM (less than expected) and historical data was revised modestly higher (leaving sales up 5.6% YoY.) “Favorable...
by Mac Slavo | Nov 14, 2019 | Headline News
Individuals are following in the bloated government’s footsteps. During an “economic boom,” Americans now have a record of $14 trillion in personal debt. Household debt shot up 0.7% during the third quarter, the New York Federal Reserve said on...
by Contributing Author | Aug 14, 2019 | Headline News
This article was originally published by Michael Snyder at The Economic Collapse Blog. This wasn’t supposed to happen. During the relative economic stability of the past few years, the middle class was supposed to experience a resurgence, but instead, it has just...
by Mac Slavo | Jul 29, 2019 | Experts, Forecasting, Headline News
The economy is being gambled with. The Federal Reserve is likely going to cut interest rates this week, and the global economy is at stake. Despite unemployment being at historic lows and the stock market being at historic highs, a highly unusual action is shaping up...
