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Here’s Why Consumer Spending Dropped in November

Has Trump Tweeted His Way into a New Cold War?

Donald Trump Threatens a New Cold War: Good News for Defense Contractors? The American military industry must have gasped when...

Baby Boomers Left in Poverty Over Raided Social Security Checks

Student Debt, the Gift That Keeps on Taking More and more baby boomers are entering retirement with student loan debt...

USD to CAD: Prepare for a 65-Cent Canadian Dollar

Macquarie Bank Expects USDCAD to Drop to $0.65, But the Loonie Could Go Even Lower The spectacular decline in the...

Housing Starts and Permits Tank But Homebuilders Remain Defiantly Confident

U.S. Housing Indicators Show U.S. Economy Remains Sluggish The numbers don’t lie. Despite a roaring and insanely overvalued stock market...

Here’s What a Former Reagan Advisor Wants Janet Yellen to Do Now

Former Reagan Advisor David Stockman Wants Janet Yellen to Resign Having triumphantly raised the nominal interest rate by a quarter...

U.S. Economy Wholly Unprepared for Rate Hike

Fed Raises Lending Rate for Second Time in 10 Years Déjà vu. In a move that mirrors December 2015, the...

Market Bulls Beware: The Signs of a Recession Are Already Here

A Recession Could Hit as the Trump Bull Market Fades in 2018 Judging by the stock market’s performance, you could hardly...

Credit Card Debt Could Cause Next Financial Meltdown

Credit Card Debt Warned About the 2007-08 Financial Meltdown. It's Back... Black Friday should be a day when nobody buys...

Walmart Uncovers a Weak Link in Trump’s Protectionist Policy

After Success in Saving U.S. Jobs at Carrier, Trump Faces Challenge by Mexico and Walmart  Wal-Mart Stores, Inc. (NYSE:WMT), the world's largest...

Robert Shiller Has a Dire Warning About the Trump Market Bubble

Finance Expert Robert Shiller Worries the Trump Market Bubble will Burst 1929-Style 2013 Nobel Prize-winning economist and Yale Professor of Finance, Robert...