Four US Firms With $4.8 Billion In Debt Warned This Week They May Default Any Minute
• Zero HedgeThe last 3 days have seen the biggest surge in US energy credit risk since December 2014, blasting back above 1000bps.
Contents Pages by Subject
Economy - Economics USA
The Biggest Threat To Oil Prices:
• Zero Hedge2-Mile Long Stretch Of Iraq Oil Tankers Headed For The U.S.
Women Not Leaving the Nest in Record Numbers;
• globaleconomicanalysis.blogspot.comMarriage and Kids, Who Can Afford Them?
Pocketbook Pain: The Rapidly Rising Cost Of Living Is Absolutely Killing The Middle...
• By Michael SnyderPocketbook Pain: The Rapidly Rising Cost Of Living Is Absolutely Killing The Middle Class In America
Does the Bell Toll for the Fed?
• https://www.lewrockwell.com, By Ron PaulLast week Federal Reserve Chair Janet Yellen hinted that the Federal Reserve Board will increase interest rates at the board's December meeting.
The next 1000-point down day is coming
• marketwatch.comBefore the Monday, Aug. 24, thousand-point down day, I warned readers of my investment letter to be ready for the market to correct, quite possibly via an "elevator drop" and to get ready to buy stocks on our list of attractive companies.
The US Dollar Bull Market Could Trigger a $9 Trillion Debt Implosion
• http://www.zerohedge.comThe US Dollar rally, combined with the ECB's policies and the Fed's hint at raising rates in December, is at risk of blowing up a $9 trillion carry trade.
Secrets of the Federal Reserve: American Wealth Destroyed by Currency Coup From Within
• http://truthstreammedia.com(Truthstream Media) The Federal Reserve remains the 800-pound gorilla. Its moves are of enormous consequence to the economy, and their interests are at odds with those of ordinary Americans.
'Too big to fail' banks need $1.2 trillion
• http://money.cnn.comBig banks better start looking under the couch cushions. They need to come up with $1.2 trillion to fortify themselves from the next financial meltdown.
Low oil prices could lead to energy shortages
• http://money.cnn.comLow oil prices could lead to global fuel shortages in the future, the International Energy Agency has warned.
Is the dollar too strong for its own good?
• http://money.cnn.comWho struggles with a strong dollar?
Obama Explains Why 'The Greatest Corporate Power Grab In History' Is "The Right Thing F
• http://www.zerohedge.comAs president, my top priority is to grow our economy and strengthen the middle class. When I took office, America was in the middle of the worst recession since the Great Depression --
As Yuan Rivals Dollar, U.S. Launches Ballistic Missiles Over West Coast: "Lit Up California&quo
• shtfplan.comThe United States is apparently fuming over the recent blows to the dollar, as a strengthening yuan is rousing a heightened response.
Another Phony Payroll Jobs Number
• paulcraigroberts.orgThe Bureau of Labor Statistics announced today that the US economy created 271,000 jobs in October, a number substantially in excess of the expected 175,000 to 190,000 jobs
Three Ads That Summarize The Current State Of The Subprime Housing Market
• http://www.zerohedge.com2014 was the year of the return of No Income, No Job, No Assets (NINJA), and Stated Three recent ads shown below, courtesy of KGBinvestor, demonstrate just how further down the subprime rabbit hole we have fallen in 2015.
This Weekend on LewRockwell.com - Sat. Nov. 7th 2015
• https://www.lewrockwell.com/Open Range, Open Season - William Norman Grigg on the killing of a rancher / The EZ Money Boom - Bill Bonner on how it ends /
If This Doesn't Convince You to Exit the Global Banking System, Then Absolutely Nothing Will
• http://www.zerohedge.comToday, bankers all around the world are making it more and more difficult to withdraw more than $3000 or €3000 per day, and simultaneously making it impossible to pay for, in cash, any item with a price tag in excess of these levels.
The Hill: White House releases text of Trans-Pacific Partnership trade deal
• http://popularliberty.com, By Vicki NeedhamThe much-anticipated release of the final text of a sweeping Asia-Pacific trade agreement became a reality on Thursday morning, kicking off what is expected to amount to months of intensive debate on Capitol Hill.
Where Is The Missing $12 Trillion?
• http://popularliberty.com, By zooamericaIF the United States is literally $18 trillion in the national debt hole... Who do we owe, and how much do we owe them?
What Do They Know? Primary Dealers Are Liquidating Corp Bonds At Unprecedented Pace
• Zero HedgeBy now it is common knowledge that over the past two years the primary source of stock buying have been corporations themselves (recall Goldman's admission that "buybacks have been the largest source of overall US equity demand in recent years") with
Good News Is Terrible News: Dollar Surges As Bonds, Stocks, Commodities Purge After Payrolls Print
• http://www.zerohedge.com"Everything is awesome." The Fed got just what it wanted... surge in jobs and a surge in wages - which has sent December rate hike odds from 56% to 74%.
October Jobs Soar To 271K, Smash Expectations, Unemployment Rate 5.0%, Hourly Earnings Spike
• http://www.zerohedge.comIf there was any doubt if the Fed would hike rates in December, it is gone now: October payrolls soared by 271K, smashing not only consensus of 184K, but the highest expected print.
How One Retailer Is Preparing For The Apocalypse
• http://www.zerohedge.comZero Hedge first revealed Overstock's contingency plans "in preparation for the next collapse" ten days ago.
Target announces 13 U.S. store closures
• http://money.cnn.comTarget is closing the doors to 13 of its stores. On Wednesday, Target (TGT) confirmed that the locations across the U.S. would be closing by January 31, 2016.
Bond Yields Buoyed Around Globe as Fed Rate-Boost Odds Beat 50%
• http://www.bloomberg.comGlobal bond yields climbed to a seven-week high after Federal Reserve Chair Janet Yellen said a U.S. interest-rate increase remains a possibility for 2015.
Citi: Janet Yellen Has Violated "One of the Cardinal Rules" of Economists
• http://www.bloomberg.comThe Fed has been letting the market push it around.
Economy 2016: Here's What You Need to Know
• http://www.bloomberg.comThe opening of the Panama Canal locks is just one likely event in what promises to be an eventful year for the global economy.
Stockman on Bloomberg: Budget Deal an Outrageous Punt
• davidstockmanscontracorner.comStockman on Bloomberg: Budget Deal an Outrageous Punt
U.S. car sales have never been stronger
• CNN MoneyU.S. sales are within striking distance of the record for the full year. But even if total auto sales fall short of that mark, the profits that these sales are generating dwarf the earnings that the auto industry raked in when it last set a sales rec
This Time Is The Same - And Worse!
• http://www.zerohedge.comThe current stock market melt-up hardly qualifies as limp. Even the robo-machines and hyper-ventilating day traders apparently recognize that their job is to tag the May 2015 highs and then get out of the way.
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