The U.S. Is Going to Have a Debt Crisis: Ray Dalio

The U.S. Is Going to Have a Debt Crisis: Ray Dalio

Ray Dalio, founder of Bridgewater Associates, warns of a potential U.S. debt crisis, especially as...

Pending Home Sales Hit Record Low in August

Pending home sales in August plummeted 7.1% MoM, drastically worse than the forecasted 1% drop,...

Markets Held Up on Just 8 Giants: S&P 500 Equal Weight Index Turns Red YTD

The S&P 500 Equal Weight index has plummeted, erasing gains and revealing a bleak broader...

The Truth About the Government Shutdown

In the world of politics, there’s often more to the story than meets the eye....

Jobless Claims Hit Lowest Levels in a Year

Initial jobless claims stood at 204k for the consecutive second week, noticeably below the anticipated...

Inflation Hits Workers’ Wages as 60% Of Americans Are Still Living Paycheck to Paycheck

Amid persistent high inflation and interest rates, 60% of U.S. adults live paycheck to paycheck....

Surprising Collapse in Personal Consumption in Latest GDP Revision

The U.S. economic outlook darkens as the Bureau of Economic Analysis (BEA) releases revised Q2...

The end of the road for the dollar

With the Asian hegemons undoubtedly able to introduce gold standards, where does that leave the...

Jim Grant: Fed Policy Is a Ph.D. standard of Improvisation

All eyes are on the Federal Reserve, and people are wondering, what will it do...

The Dangerous Myth of a Soft Landing

The Federal Reserve has pushed interest rates to over 5%. At the most recent FOMC...

Bank of America’s Unrealized Losses $106 Bl. 34% of All Unrealized Losses Reported by 4,645 Banks

Bank of America reported a staggering $105.79 billion in unrealized losses on its held-to-maturity (HTM)...

Toward the Brink – This Time Might Be Different: Rckards

A potential U.S. government shutdown looms on Sept. 30, and if it happens, it might...

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