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HomeRecession

Recession

Finance

10 Red Flags Warn Of Looming Recession

September 17, 2023 Mariel Alumit

Authored by Al Lewis via TheMessenger.com, Economists have practically sounded the all-clear on a looming recession, but plenty of signs are still flashing red. Clearly, economists were wrong earlier this year when they forecast an […]

Gold
Finance

Estimated Chinese Official Gold Reserves Cross 5,000 Tonnes

September 9, 2023 Mariel Alumit

By Jan Nieuwenhuijs of Gainesville Coins My estimate for China’s official gold reserves reached 5,029 tonnes by the end of June 2023. In the first six months of 2023 the Chinese central bank bought an […]

Finance

Six Red Flags Pointing To China’s Economic Slowdown

September 6, 2023 Mariel Alumit

The People’s Republic of China is the world’s second-largest economy, responsible for one quarter of global GDP growth this millennium – so when the country catches a cold, the world notices. The past several months […]

Finance

Efforts To Protect US Intensify Amid Global Shift From Dollar

August 23, 2023 Mariel Alumit

Authored by Alex Newman via The Epoch Times (emphasis ours), With inflation plaguing the economy as the U.S. dollar is increasingly being sidelined in international trade, potentially even at risk of losing its status as […]

The Inflation Reduction Act ‘has just not been a significant factor’ in bringing down inflation, say economists
Energy Policy

The Inflation Reduction Act ‘has just not been a significant factor’ in bringing down inflation, say economists – I say – No, are you joking?

August 13, 2023 Mariel Alumit

Even President Joe Biden has some regrets about the name of the Inflation Reduction Act: As the giant law turns 1 on Wednesday, it’s increasingly clear that immediately curbing prices wasn’t the point. While price […]

Commodities

Goldman Commodities Research Chief Jeff Currie Set to Leave

August 7, 2023 Mariel Alumit

Currie has been the face of commodities research at Goldman That includes predicting another decade-long price supercycle WATCH: Goldman Sachs’s Jeff Currie is leaving the bank after 27 years.Source: Bloomberg Jeff Currie, the prominent commodities […]

Climate Crisis

Eliminating Fossil Fuels Will Produce A Crippling Decline In Human Well-Being

August 3, 2023 Mariel Alumit

Authored by William Brooks via The Epoch Times, In 1999, American climatologist Michael Mann first published a “hockey stick graph” that purported to show an unprecedented spike in global temperature over the past century. Mann’s […]

Financial Crisis

“Everything Is Changing” – Californians Struggling With High Rent Prices, End Of Eviction Moratoriums

July 30, 2023 Mariel Alumit

Authored by Travis Gillmore via The Epoch Times, With some of the most expensive rent prices in the nation, Californians pay a disproportionate share of income for housing, and with evictions now returning after nearly […]

Finance

“Nobody Understands Where Bottom Is” For Commercial Real Estate

July 23, 2023 Mariel Alumit

Starwood Capital Group’s Barry Sternlicht recently told Bloomberg’s David Rubenstein about the ongoing crisis in the commercial real estate sector, equating it to a severe “Category 5 hurricane“. He cautioned, “It’s sort of a blackout […]

Earnings

Earnings, Wind Power in Crisis and California: Saturday US Briefing

July 23, 2023 Mariel Alumit

Earnings, earnings, earnings. This week, good news comes first and US bank stocks have been on a tear. Earnings reports lured investors back to the downtrodden shares, which has helped the sector reduce its drop this […]

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