We Haven't Seen This Much Suffering On Thanksgiving Since The Great Depression Tyler Durden Fri, 11/27/2020 - 22:00 Authored by Michael Snyder via The Economic Collapse...
"Dark Winter" - Millions Of Americans Are Expected To Lose Their Homes Tyler Durden Fri, 11/27/2020 - 18:30 A dark covid winter is descending on the working-poor of...
A busy end to a chaotic year December may normally be associated with everything slowing down as we ease our way into the festive period but...
Since the financial crisis in 2008, extraordinary monetary policies have been in place to prevent an ugly and debilitating decline in economic growth. Despite such policies,...
Broadcast giant Nexstar Media Group is threatening Dish customers of a potential blackout of Nexstar’s 164 local channels in 120 markets. Dish, the satellite TV provider,...
Sweden Unexpectedly Expands QE By 40% Tyler Durden Thu, 11/26/2020 - 10:25 Back in 2017, Sweden made a mistake: the Governor of the Swedish Riksbank, Stefan...
Disney's Thanksgiving Present: Another 4,000 Layoffs Tyler Durden Thu, 11/26/2020 - 11:15 Some four thousands workers woke up this morning thankful for unemployment benefit claims after...
Those over 43 years old are equally discriminated against when applying for a job, whether they are good or bad applicants, according to new research.
The oil market has caught a mild case of the raging disease. Not COVID, rather the purported cure for it. Vaccine-phoria has visited the energy sector...
Fed, IMF Sound Warning That More QE Could Lead To "Unintended Consequences" Tyler Durden Wed, 11/25/2020 - 15:21 Five years ago we wrote that the world’s...
Fatalities are rising; CDC determined fatalities consistently below alternative estimates in recent weeks; excess fatalities are revised upward (a lot, again). Figure 1: Weekly fatalities due to...
Due to the Thanksgiving holiday this week, data on unemployment insurance (UI) claims—usually released on Thursdays—were released today. The data show that another 1.1 million people...
The US dollar is trading relatively flat against multiple major currency peers, mainly due to the plethora of mixed economic data that were released ahead of the American Thanksgiving holiday. In focus in the middle...
The Issue: One of the starkest measures of the economic hardship ushered by the coronavirus pandemic on Americans is the high level of families reporting that...
Here Comes The New Recession Tyler Durden Wed, 11/25/2020 - 10:45 Authored by James Rickards via The Daily Reckoning, Let’s start with the basics. There’s no...
Two questions that most people want an answer to are whether there will be a stimulus package and if yes, how much. So far, lawmakers have...
In this edition of Charts of the Week: COVID-19 leads to a rise in food insecurity; disparities between retail companies’ profits and employees’ wages during the...
Initial Jobless Claims Rise For 2nd Week In A Row, Pandemic Claims Soar Tyler Durden Wed, 11/25/2020 - 08:34 For the second week in a row,...
British Economy Shrinks By Most In 300 Years Thanks To COVID, Chancellor Warns Tyler Durden Wed, 11/25/2020 - 08:59 Just days after UK Prime MInister Boris...
US GDP, FOMC minutes ahead It’s been an impressive November so far but the rally is running on fumes as we near the end of the...
There Were Two Americas Today As Dow Struck 30,000 Tyler Durden Tue, 11/24/2020 - 18:50 The K-shaped economic recovery, one where the rich grow richer and...
The coronavirus pandemic has dragged on longer than most could have anticipated. What started as a short lockdown in March to “slow the spread” has turned...
Lawmakers may not appear very serious or do not feel the need of sending out another round of stimulus checks. However, those with more expertise on...
Canada is making big strides when it comes to COVID-19 housing policy, but permanent measures and oversight lag behind compared to some global efforts.
Overview: The contrast between the eurozone and US preliminary PMI readings caught the short-term market leaning the wrong way, and the dollar snapped back after extending...
The Australian dollar joined the rally of its New Zealand counterpart amid the risk-on market sentiment. There were no macroeconomic reports released in Australia today, while yesterday’s data was positive. Yesterday,...
The Great Relocation: Americans Are Relocating By The Millions Because They Can Feel What Is Coming Tyler Durden Mon, 11/23/2020 - 22:40 Authored by Michael Snyder...
7 Things That Used To Be "Crazy Conspiracy Theories" Until 2020 Happened Tyler Durden Mon, 11/23/2020 - 20:00 Authored by Daisy Luther via The Organic Prepper...
People Going Hungry = Record High Stock Prices Tyler Durden Mon, 11/23/2020 - 15:40 Authored by Simon Black via SovereignMan.com, New York City is up 33%...
14 Million People Will Lose Their Unemployment Benefits, 30 Million At Risk Of Eviction On January 1 Tyler Durden Mon, 11/23/2020 - 14:55 While markets remain...