In a decision that could have gone either way, the Fed decided not to raise its key interest rate in September. America’s central bank hasn’t raised rates in almost a decade and rates have been stuck near zero since the depths of the financial crisis in December 2008. Concerns about a global economic slowdown, low […]
Zhou Xiaochuan, governor of China’s central bank, told a meeting of Group of 20 finance ministers in Ankara that a stock-market bubble in his country had “burst,” according to Japan’s Taro Aso. Another official present at the talks said China had presented the country’s situation as a new normal. “It wasn’t enough,” Aso told reporters. […]
“Get yourself and your family ready defensively and offensively,” by ALEX JONES [youtube RQvMqG_01tc nolink] From the engineered financial meltdown to mass migrations of populations and the advent of frightening nano technologies and more, including manufactured terror and endless wars, we face an uncertain future and a historical vortex never before experienced. In this emergency […]
By Michael Snyder The Obama administration is telling us that the unemployment rate in the United States has fallen to 5.1 percent, but does that number actually bear any resemblance to reality? On Friday, news outlets all over America celebrated the fact that the U.S. economy added 173,000 jobs in August. We were told that […]
By Michael Snyder On Wednesday we witnessed the third largest single day point gain for the Dow Jones Industrial Average ever. That sounds like great news until you realize that the two largest were in October 2008 – right in the middle of the last financial crisis. This is a perfect example of what I […]
The liberal mainstream media peddled the delusion that the unfolding economic crash was merely a short term “correction. Even as late as last week, news outlets like CNBC were urging viewers to invest in the stock market, ludicrously suggesting that the market was simply having a “dull year” and that this would be “good for […]
Alarm bells rang across world markets today as a 9 percent dive in Chinese shares and a sharp drop in the dollar and major commodities panicked investors fearing a Chinese “hard landing”. State media has called it China’s “Black Monday” Words such as ‘bloodbath’ have been used as stock markets in London, Paris and Frankfurt […]
by Harry Dent It’s finally happening. The crash season is upon us. We’ve seen the early signs this week with leading stocks getting the carpet swept out right from underneath them. China’s stocks are right where they were when its bubble burst 35% into July. UK stocks are in a correction. The DAX is in […]
The previous three death crosses have produced sharp losses A rare “death cross” appeared Tuesday in the chart of the Dow Jones Industrial Average, suggesting the stock market may have already begun a new long-term downtrend. Although chart watchers have seen the bearish technical pattern coming for some time, it can still send a chill […]
