You’d be hard-pressed now to find a recession in the rearview mirror. What’s down the road, though, is another story. There is no historical precedent to indicate that an economy in a recession can produce 528,000 … Read more
Stock futures fell Friday after the July jobs report was much better than expected, showing a strong labor market that will likely mean more interest rate hikes from the Federal Reserve. Futures on the Dow … Read more
In an earnings call this week, Yum Brands CEO David Gibbs expressed the confusion many people are feeling as they try to figure out what’s going on with the U.S. economy right now: “This is truly one … Read more
Rising mortgage rates and inflation in the wider economy caused housing demand to drop sharply in June, forcing home prices to cool down. Home prices are still higher than they were a year ago, but … Read more
The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday. Gross domestic product fell 0.9% … Read more
The pain in the mortgage market is only getting worse as higher interest rates and inflation hammer American consumers. Mortgage demand fell more than 6% last week compared with the previous week, hitting the lowest … Read more
A few weeks ago, the Board of Trustees for Social Security released its annual report. And, once again, it was a scathing indictment of the program’s solvency. Primarily, the report points out that, since 2008, the cost … Read more
Tens of thousands of Americans are flocking to gold. Using it to protect their retirement savings from… Inflation Dollar devaluation Economic volatility And they’re getting $10,000 or more in free silver to do it… If you have $50,000 or … Read more
“Don’t underestimate the power of a narrative” says our guest on GoldCore TV this week. Jim Rickards joins Dave Russell to talk about perception, the Putin Price Hike, and why he believes Ukraine cannot win … Read more
Stocks fell on Tuesday as concerns about a possible recession in the U.S. weighed on investor sentiment. The Dow Jones Industrial Average fell 525 points or about 1.7%. The S&P 500 dipped 1.8%, and the … Read more