Federal Reserve Chairman Jerome Powell delivered his annual speech at Jackson Hole on Friday. Peter Schiff broke the speech down in his podcast and said the speech itself was full of holes.
In light of the August 2023 downgrade by Moody's of several US banks, as well as commentary by Fitch Ratings on the banking sector, ABA's Office of the Chief Economist is providing a brief assessment of the rating agency...
Most people now seem to think the Federal Reserve can beat price inflation and guide the economy to a soft landing. In his podcast, Peter Schiff explains why most people are wrong. The Fed is actually in a no-win situation. And if the Fed can't win
Michael Burry, the investor who predicted the 2008 housing crash and was the subject of the "Big Short" movie, has bet more than $1.6 billion on a Wall Street crash.
And if those methods don't work--or inflict damage--the establishment economists' response is to simply call for more money printing, more debt, and even lower interest rates.
Do you remember what happened in 2008? Many people believe that another historic financial disaster is coming and that it will absolutely devastate the U.S. economy.
The Thomas D Lambros Federal Building and Courthouse is named for Judge Thomas Demetrios Lambros (1930-2019), native son of Ashtabula, Ohio, who in 1967 was appointed to the federal bench by the US president Lyndon B Johnson. The website of the US Ge
BlackRock's Larry Fink isn't the only one dropping the now-controversial acronym ESG, which represents environmental, social, and corporate governance principles. McDonald's Corp. has secretly erased ESG off its website, according to Bloomberg.
When the U.S. consumer is in healthy financial shape, the outlook for the U.S. economy is generally positive. But just like we witnessed prior to the Great Recession of 2008 and 2009, when the U.S. consumer is not in healthy financial shape, bad thi
Earlier this week, Chris Anderson, host of TED Talks, suggested that a 'cage match-style debate' might be a more fitting showdown for Elon Musk and Mark Zuckerberg than an actual mixed martial arts fight.
• https://www.theorganicprepper.com, by Daisy Luther
Right on the heels of seeing a downgrade of the creditworthiness of the United States itself, Moody's has downgraded ten small to medium banks across the country, citing "financial strain" and "strains that could erode their profitability."
Perhaps one of the most bizarre recent developments in economic news has been the attempt by establishment media (and the White House) to declare US inflation "defeated" despite all the facts to the contrary.
In the age of fiat currency, the distinct concepts of saving and investing have become conflated and confused. Saving is producing more than you consume and then setting it the difference aside.
The decline was again substantially stronger than expected by banks in the previous quarter. The net decrease in loan demand was the strongest since the start of the survey in 2003 for SMEs (net percentage of -40%, see Chart 7), while the net decreas
Watch Streaming Broadcast Live:
LRN.fm
DLive
Live Chat Telegram
Share this page with your friends
on your favorite social network: