There is any number of issues out there threatening to bring the economic house of cards down, taking financial markets with them.
Adjusted for inflation, real growth in the US economy — as measured by actual tax collections rather than the feds’ squirrelly statistics — is falling. The world economy, too, is slowing.
Lower petrol prices have taken out some of the pressure for higher wage demands, as the lower cost is a straight cash benefit to motorists.
Persistent low rates have not caused inflation, but they have caused asset bubbles, which threaten to pop and unleash a financial panic on their own.
It may not seem important, but where the gold price goes next could provide a major clue on the health (or otherwise) of the world’s economy.
We borrowed money because they made it so cheap. We invested our retirement savings in shares because they assured us they had our backs. We trusted them.
The Dow initially fell below support at 18,000. This is a pretty important level. As you can see in the chart below, if it breaks, I think you’ll see pretty hefty falls.
Fake money, fake statistics, and fake interest rates — they’ve created an economy where the Trump voter has less real income.
So it’s no surprise to see growing debt levels translate into rising house prices. But wait, there’s another ‘end of the boom’ forecast out there.
Jim Rickards explains the threats to your wealth that emanate from these three economic risks: systemic collapse, asset bubbles, lost confidence in banks.
Foreign debt is money we’ve borrowed from overseas investors to fund our lifestyles. We are living well beyond our means, but, what the heck.
Instead of fearing the next financial crisis, we could see it as an opportunity to rekindle our collective sanity, by resetting a sickly financial system
The gold price is down 4% in the past three days. But year-to-date, it’s still up 18.3%. Compare that to the Aussie market’s 3.5% year-to-date rise.
Central bankers are increasingly highlighting the role of fiscal policy in trying to create economic expansion. Find out why they're talking it up.
Jobs growth. Corporate earnings growth. Economic growth. House price growth. Keeping public confidence up is paramount in a world built on a big, fat lie.