The commercial real estate (CRE) implosion has exposed endemic risk among regional banks and foreign financial institutions that adds fuel to a banking crisis bonfire that surfaced last spring after Silicon Valley Bank, Signature Bank, and First Republic collapsed. A...
The major U.S. stock market indices have had an exceptional rally since the Federal Reserve’s FOMC meeting in Nov. 2023 when the committee membership and Chairman Jay Powell puked a buffet of dovish monetary policy Fedspeak. At the Dec. 13 meeting, they delivered the...
An increasing number of Americans cannot afford the higher car prices and are falling behind on record-high car payments, which adds more misery to tighter household budgets as the U.S. economy heads for a hard-landing recession after a pandemic, supply chain crisis,...
The unsustainable U.S. national debt and deficit burden (view the real-time National Debt Clock) is a theme within my series on an impending bond storm ouroboros, the housing bubble’s entry into a capitulation phase, an imminent hard-landing recession vs. a Goldilocks...
Warning signals of a recession have been nonstop since the early spring of 2022 and have matured despite Goldilocks talk by analysts and financial rags that feed narratives to the general population. If you are of the same ilk as most Americans who are experiencing...