Economy

Here Is The IMF's Global Financial Crash Scenario
IMF
ZeroHedge | Hidden almost all the way in the end of the first chapter of the IMF's latest Financial Stability Report, is a surprisingly candid discussion on the topic of whether "Rising Medium-Term Vulnerabilities Could Derail the...
Peter Schiff Warns Of "Calm Before The Storm"
Peter Schiff
EuroPac | In light of the 30-year anniversary of the Black Monday Crash in 1987 (when the Dow lost more than 20% in "one day", we should be reminded that investor anxiety usually increases when markets get to extremes. If stock...
Dimon Unexpectedly Reverses On Bitcoin: "I'm Not Going To Talk About Bitcoin Anymore"
Jamie Dimon
ZeroHedge | And here comes Citi, realizing it desperately needs to get on the bandwagon now before it's too late: CITI CFO SAYS CRYPTO AND DIGITAL CURRENCIES 'WORTHY OF EXPLORATION' * * * It's probably not a coincidence that on...
Federal Government Jobs Down 13,000 Under Trump
FCC
CNSNews | The number of people working for the federal government has declined by 13,000 in 2017, according to data released today by the Bureau of Labor Statistics. At the same time, overall government employment in the United...
Bubble Warning: Asset prices are high across the board.
Stock Market
Economist | IN HIS classic, “The Intelligent Investor”, first published in 1949, Benjamin Graham, a Wall Street sage, distilled what he called his secret of sound investment into three words: “margin of safety”. The price paid for...
Ron Paul Rages At The Decades Of Wars' Damage To The American Economy
ZeroHedge | In a new interview with host Jesse Ventura at RT, former presidential candidate and House of Representatives Member Ron Paul discusses the harm imposed on the American economy by the succession of US wars over the last...
BofA Lists 10 Triggers For The Next Crash: "It's Coming Between Thanksgiving And Valentine's Day"
Skyline
ZeroHedge | Back in mid-July, BofA's chief investment strategist Michael Hartnett predicted that the "most dangerous moment for market will come in 3 or 4 months." Well, we are now "between 3 and 4" months since that particular...
"It's A Decentralized Revolution" - Novogratz Sees Bitcoin At $10,000 Within A Year
Bitcoin
ZeroHedge | Former Fortress Principal Michael Novogratz is not shy to share his opinion of virtual currencies. In June he explained "cryptocurrencies were likely the biggest bubble of his lifetime," but remained positively...
September "Hurricane" Payrolls Tumble 33,000, First Drop In Seven Years, As Wages Surge Due To Labor Shortages
Job Fair
ZeroHedge | As noted earlier, Wall Street was completely clueless ahead of today's payroll, with most expecting a small positive print but two brave forecasters went so far as to predict that the recent hurricanes would result in...
Be Careful What You Wish For: Inflation Is Much Higher Than Advertised
Infation
OfTwoMinds | What the Federal Reserve is actually whining about is not low inflation - it's that high inflation isn't pushing wages higher like it's supposed to. It's not exactly a secret that real-world inflation is a lot higher...
Federal Reserve Will Continue Cutting Economic Life Support
Federal Reserve
Alt-Market.com | I remember back in mid-2013 when the Federal Reserve fielded the notion of a “taper” of quantitative easing measures. More specifically, I remember the response of mainstream economic analysts as well as the alternative...
Federal Reserve To Begin Shrinking $4.5 Billion Balance Sheet
fed
BusinessInsider | The Federal Reserve on Wednesday announced details of its biggest post-recession policy shift since it first raised interest rates at the end of 2015. The central bank confirmed, as expected, that it start trimming the...
Gary Cohn Is Giving Goldman Sachs Everything It Ever Wanted From the Trump Administration
Gary Cohn
TheIntercept | Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after...
Bitcoin Crashes 35% In China: Beijing To Shut All Local Exchanges By End Of September
Bitcoin
ZeroHedge | Update: Confirming the other speculation, that China would halt all cryptocurrency exchange, Yicai reports that it is not just BTC China:  CHINA MAY SHUT ALL LOCAL BITCOIN EXCHANGES BY SEPT. END: YICAI To which the...
3 Uncommon Signs That An Economic Collapse Could Happen Soon
Stock Bull
Alt-Market.com, | Here’s an explanation of the three uncommon signs causing alarm, and what they mean for your savings… Sign #1: Resurgence of Synthetic CDOs The riskiest plays on Wall Street are made using financial instruments known as...
Gary Cohn: "I Can't Guarantee" Taxes Won't Go Up For The Middle Class
Gary Cohn
ZeroHedge | While proclaiming that "the biggest winners will be everyday American workers," President Trump's top economic adviser, Gary Cohn told ABC News' George Stephanopoulos that he can't guarantee that taxes won't go up for...
Jamie Dimon Faces Market Abuse Claim Over "False, Misleading" Bitcoin Comments
Jamie Dimon
ZeroHedge | A week after Jamie Dimon made headlines by proclaiming Bitcoin a "fraud" and anyone who owns it as "stupid," the JPMorgan CEO faces a market abuse claim for "spreading false and misleading information" about bitcoin....
"Most Draconian Measures Ever": China Expands Bitcoin Crackdown Beyond Exchange Trading
Bitcoin Wallet
ZeroHedge | Last week bitcoin plunged over 40% from all time highs hit as recently as three weeks ago on news that China had ordered local exchanges to halt trading in the cryptocurrency. Since then, defying naysayers yet again,...