
The Fed, Bank Of America And Hordes Of Corporate CEOs Are All Warning That-
• http://theeconomiccollapseblog.com by Michael Snyd- A Recession Will Happen This Year
ON AIR NOW
Click to Play
- A Recession Will Happen This Year
The Credit Crisis has started. Bloomberg is reporting that Banks stopped lending in the wake of the SVB Banking Crisis. With loans declining by $105 Billion at the end of March.
Here's one surefire, time-tested economic indicator that assures an incoming recession: a planned auction of Subway sandwich shops, announced to be up for sale several weeks ago, isn't drawing in the bids that the chain expected.
...for commercial real estate
Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing.
Look what's happening while 'they' distract you with all the Trump indictment nonsense...
Fresh on the heels of an announced oil cut by Russia, OPEC follows up with cuts across the board.
Fresh on the heels of an announced oil cut by Russia, OPEC follows up with cuts across the board.
...Loses Global Reserve Currency Status
Now one of the most famous grocery chains in the U.S. is getting hit by a massive wave of store closings as a nightmarish scenario for retail bankruptcies starts to unfold. Earlier this month, a spokesperson confirmed that Kroger is shuttering multip
A Texas-based franchise owner of more than two dozen Burger King locations in metro Detroit is permanently ceasing operations in Michigan, with most of the restaurant closings in Detroit.
Around the world, rage is building. Are judicial threats against President Putin and former President Trump an effort to distract us from the global crisis that is unfolding?
It would be much safer if it was regulated by free market forces instead of government."
The next Bull Market will start when everyone has given up on the stock market as the means to "get rich quick" or even "get rich slowly."
Prices for the most popular pre-owned Rolex, Patek Philippe and Audemars Piguet watches will fall further as the market has been flooded with supply, analysts at Morgan Stanley said in a report.
Wall Street Banks just spent the last four weeks selling investors on a soft - NO landing scenario
Amid the mounting speculation of a soft landing and even talk of a "no landing" (read: here and here), we've pointed out multiple strategists who don't share that sense of optimism but rather one that is typical of an end-cycle environment (read: her
Blackstone Inc (BX.N) has defaulted on a 531 million euro ($562.5 million) bond backed by a portfolio of offices and stores owned by Finnish company Sponda Oy, Bloomberg News reported, as rising interest rates hit European property values.
For the past year, both the Biden White House and the Fed have been desperate to usher in a (mild) recession in the US to break the back of runaway inflation and the wage-price spiral with little success.
The office properties owned by Pimco's Columbia Property Trust range from New York to San Francisco.
Legendary financial and geopolitical cycle analyst Martin Armstrong said at the end of last year the U.S. is being set up for a "nightmare fall." Train derailments and political problems are spinning out of control, but the biggest threat is war
--Than the Fed Recognizes Economist and gold bug Peter Schiff has warned of a financial crisis and a much more severe recession than the Federal Reserve recognizes. "The economy is not only going to weaken, but weaken much more than the markets ex
Below we look at the interplay of embarrassing debt, dying currencies and failed monetary fantasies masquerading as policies to confirm that no matter how one turns or spins the inflation/deflation, QT/QE or recession/no-recession narratives, the glo
All of the things that we would expect to see at the start of a major economic downturn are happening.
As the Federal Reserve continues its fastest rate hike cycle since the stagflation crisis of 1980, a couple vital questions linger in the minds of economists everywhere ?" When is recession going to strike and when will the Fed reverse course on ti
Peter Schiff recently appeared on Dan Bongino's Unfiltered on Fox News to talk about the economy, inflation, the stock market, the Federal Reserve and investing in 2023. Peter said the recession that everybody denies exists is going to get worse, a
After about seven years, the average new car is worth less than half what it sold for new. As of the third quarter of last year, says the credit reporting apparat Experian, almost 20 percent of all new car loans issued were for seven years - and 11
As the Federal Reserve continues its hawkish market reset - which has contributed to a rise in interest and mortgage rates - real estate experts are sounding the alarm that "big trouble" lies ahead for the U.S. market.
"Mortgage rates are lower than October 2022 highs, but would have to decline substantially to generate additional refinance activity," noted Joel Kan, an MBA economist.