I believe the Fed will look past it and a 50-basis-point hike in May is still on. Even if the US has a positive second quarter, the rest of the year is up to consumers. Europe will likely enter recession, which won’t help.
Extreme Fed money printing has fueled the biggest inflation super-spike since the 1970s. The Fed trying to fight that is forcing these QE-levitated bubble-valued stock markets into a new bear.
Andrew Maguire sits down with famed economist, Alasdair Macleod, to discuss China and Russia’s tactical currency commoditisation as the dollar continues to devaluate.
Is it too extreme to say an annualized GDP growth number of minus 1.4% this quarter puts us in recession in this quarter, and is it too extreme to call that a “crash?” No, it is not in the least extreme..
What we are seeing now is Nikolai Patrushev and the Kremlin confirming this simple equation of linking the Russian ruble to gold and commodities. In other words, the beginning of...
Currently, everyone’s income can service their debts. But what makes recessions and depressions so depressing, is how streams of income can be curtailed, or completely eliminated.
