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 Mac Slavo | Oct 30, 2019 | Headline News
While consumer confidence has fallen yet again, consumer spending remains high. In fact, for the third straight month, consumers have been losing confidence in the markets, yet they haven’t curtailed their spending. Optimism about job prospects and business...
by Mac Slavo | Oct 28, 2019 | Experts, Forecasting, Headline News
The United States’ economic situation has been a bumpy and precarious road for the past several months. But it’s about to get even bumpier. This week’s reports will likely show that the U.S. economy is deteriorating. The effects of the economically...
by Mac Slavo | Sep 2, 2019 | Emergency Preparedness, Forecasting
American consumers’ sentiment has officially reached their tipping point. It’s time to brace for the impending recession. Unfortunately, the news is dire. Consumer sentiment results from the University of Michigan Surveys of Consumers have crashed. The...
by Mac Slavo | Apr 30, 2019 | Headline News
Consumer spending rose .9% in March netting an overall positive response from the mainstream media, with many reports now calling recession fears unfounded. But consumer credit card debt also rose to all-time highs again, meaning people borrowed the money they spend...
