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Tough times ahead for US consumers – strategist

October 29, 2023 Mariel Alumit

Decreasing spending power is signaling trouble for the economy, according to Chris Watling American consumers are facing challenging times, with household spending expected to cool further, Chris Watling, the chief executive of the financial advisory […]

Bankruptcy

Big Banks Say Trouble Is Coming, but Their Earnings Are Still Strong

October 15, 2023 Mariel Alumit

Robust economic growth propelled earnings at the nation’s largest banks, but their executives warned the good times may be coming to an end. JPMorgan Chase JPM 1.50%increase; green up pointing triangle , Wells Fargo WFC 3.07%increase; green up pointing triangle  and  Citigroup C -0.24%decrease; […]

Bankruptcy

The Myth Of The Invincible Dollar

October 15, 2023 Mariel Alumit

Authored by Michael Maharrey via SchiffGold.com, I write a lot about the national debt. And most people don’t care. That’s because there’s a widespread belief that the dollar is invincible. It isn’t… The prevailing attitude is […]

Bankruptcy

A US gov’t shutdown could negatively affect its credit, Moody’s warns

September 25, 2023 Mariel Alumit

A US government shutdown would negatively affect the country’s credit, credit rating agency Moody’s has warned, one month after Fitch downgraded the United States by one notch on the back of a debt ceiling crisis. […]

Bankruptcy

Can a US government shutdown be averted?

September 24, 2023 Mariel Alumit

The US could be headed towards a government shutdown. Congress needs to agree on a new funding bill by the end of this month, if not, thousands of federal employees will be sent home. list […]

Bankruptcy

The #1 Warning Sign Capital Controls Are Coming Soon And 4 Ways To Beat Them

September 18, 2023 Mariel Alumit

Authored by Nick Giambruno via InternationalMan.com, Weekends and holidays are the perfect time to catch people off guard… Like a street thug committing a mugging, capital controls blindside most people – otherwise, they wouldn’t be […]

Bankruptcy

Could WeWork’s Potential Bankruptcy Be A Ticking Timebomb For CRE Markets?

August 15, 2023 Mariel Alumit

If WeWork stumbles into bankruptcy, it will lead to restructuring and the continuation of operations. However, there would be mounting risks the co-working start-up could be entirely wound down. If that’s the case, commercial real […]

Bankruptcy

A “Global Inflationary Depression” Is Very Possible – But what does this do to energy and oil?

August 13, 2023 Mariel Alumit

Authored by Bruce Wilds via the Advancing Time blog,   Roughly two and a half years ago it was predicted here on AdvancingTime that we might soon be witness to the first global inflationary depression. […]

Bankruptcy

De-Banked: It’s Only A Matter Of Time Before It Happens To You

August 9, 2023 Mariel Alumit

Authored by Nick Giambruno via InternationalMan.com, “We are writing to inform you that we cannot continue serving you. As a result of this decision, your account will be closed within 14 days from the date […]

Bankruptcy

Corporate Bankruptcies Reach Highest Level Since 2010

July 10, 2023 Mariel Alumit

Authored by Andrew Moran via The Epoch Times, New data show that a growing number of U.S. firms are collapsing under the weight of higher interest rates as corporate bankruptcies reached their highest first-half levels […]

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