financial crisis

Did the Economy Just Stumble Off a Cliff?

The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth. This is more intuitive than quantitative, but my gut feeling is that the economy just stumbled off a cliff. Neither the cliff edge nor the fatal misstep are visible yet; both remain in the shadows…

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Making America Great Again? 40 Percent of Americans Are Barely Getting By

According to a new report, nearly half of Americans are struggling financially. Taxation remains high, healthcare expenses are skyrocketing, and AI is taking more jobs. Meanwhile, the cost of living is still increasing, and the dollar doesn’t go nearly as far as it used to. Joe Joseph discusses the report’s findings in this News Shot. Watch…

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“This Is Not The Reaction The Fed Wanted”: Goldman Warns Yellen Has Lost Control Of The Market

With stocks soaring briskly around the globe following Yellen’s “dovish” hike, and futures set for a sharply higher open with the Nasdaq approaching 6,000, something surprising caught our attention: in a note by Goldman’s Jan Hatzius, the chief economist warns that the market is over-interpreting the Fed’s statement, and Yellen’s presser, and cautions that it…

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Are We Witnessing The Weirdest Moment In Economic History?

It is an unfortunate reality that most people tend to be oblivious to massive sea changes in geopolitics and economics. You would think that these events would catch the immediate attention of everyone as they happen, but usually it is not until they realize that the microcosm of their personal lives is subject to the…

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