T-Room

The Best in Alternative News

Finance

Latest News

at

Economic Gaslighting: The Corporate Media Screeching Recession – the Battle Behind Wall Street-v-Main Street…

A “negative yield curve“; a pending “economic recession“. These are the obtuse and ridiculous proclamations of the Mainstream Corporate Media today. So let’s take a moment to discuss how stunningly -intentionally- disconnected they are. Always remember, there are trillions of dollars at stake; and these media entities have a vested interest in maintaining the Wall […]

at

Here’s the Real Reason Why U.S. Home Prices Haven’t Been Smashed…

In a recent column, I focused on five key factors which indicate that housing markets may be topping out. Yet one other important factor may be the main reason why housing prices have not already deflated. Investors have always played an important role in housing markets. I have written extensively about the crazy bubble years […]

at

Job Fair After ICE Raids: Here’s Who Showed Up for Koch Foods Plant Job…

On Monday morning, the parking lot at the WIN Job Center here was full. About 25 to 30 people showed up to apply for jobs at Koch Foods’ nearby poultry processing plant. Of those, about an equal number were black, white or Latino. “This is what you’d normally see here,” said Dianne Bell, communications director […]

at

Markets Wake Up to a Dicey Global Economy Outlook; Dow Plunges…

If you are long stocks, this is one of those mornings when you may be tempted to pull the covers over your head and take a mental health day away from financial news. As of 8:44 a.m. this morning, Dow futures were registering a plunge of 394 points; the big Wall Street bank stocks were […]

at

Stocks Rally as U.S. Delays Tariffs on Key Chinese Imports…

U.S. stocks, especially shares of tech companies, and bond yields rallied Tuesday after the White House said tariffs on key Chinese imports would be delayed. Early in the day’s session, equities turned positive on a report that China’s commerce secretary agreed to conduct a phone call in two weeks with U.S. Trade Representative (USTR) Robert […]

at

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year…

The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier. The Treasury Department said Monday federal receipts rose 3% from October through July, totaling $2.9 trillion, while outlays climbed 8%, […]

at

Tiny-Home Craze Spreads to Amazon…

Tiny homes are popular with millennials since their standard of living has collapsed. All thanks to insurmountable student loans, no savings, and gig-economy jobs that don’t pay the bills. Wzhgroup, a Chinese builder of container homes, has recently become a merchant on Amazon where they can ship a tiny, expandable container home within 3 to […]

at

Florida Raking in Billions as Americans Abandon High-Tax States…

State governments can benefit greatly from an influx of movers – enjoying everything from increased tax revenues to new business activity. Recently, changes to the U.S. tax code have encouraged an increasing number of people to move – taking their cash to lower-tax states like Florida. As it turns out, however, Florida has been banking […]

at

Malaysia Indicts 17 of the “Untouchables” at Goldman Sachs…

When it comes to serial and systemic frauds perpetrated by big banks on Wall Street, the U.S. Department of Justice typically punts. It will either not charge the bank itself or it will issue a felony charge along with a non-prosecution agreement that lets the bank settle the charges without a trial. These tactics by […]

at

Gold: $1500…

Gold prices on Wednesday jumped above an important psychological level at $1,500 amid a round of easy-money policies that helped to stoke fresh appetite for the perceived safety of precious metals. The 10-year U.S. Treasury note’s TMUBMUSD10Y, -4.93% fall to new lows not seen since 2016 below 1.7%, also helped to drive demand for bullion. […]

at

U.S. Financial System Rests on 5 Mega Banks; and They Tanked Yesterday…

By the closing bell of yesterday’s broad stock market selloff, the Dow Jones Industrial Average, which had been down over 900 points in the afternoon, closed with a loss of 767 points or 2.90 percent. The Standard and Poor’s 500 Index closed even deeper in the red with a loss of 2.98 percent. But those […]

at

DOW Stocks Plunge 767 Points as U.S.-China Trade War Deepens…

U.S. stocks went into freefall on Monday, with the Dow Jones Industrial Average down 900 points at its low before curbing some of those losses, ending the session 767 points lower. All three of the major market averages lost about 3 percent led by the tech-heavy Nasdaq Composite in what is the worst session of […]

at

Beijing Launches DPRK Rockets Over Escalating Trade Tension – Trump Launches Treasury Missile Designating China a Currency Manipulator…

Beijing has once again used their proxy province of North Korea to launch small two short-range ballistic missiles as leverage in the U.S. and China trade confrontation – ” For the fourth time in less than two weeks, North Korea has fired projectiles into the Sea of Japan, a U.S. official said. The two projectiles, […]

Related

at

Stocks, Yuan, Bond Yields Crash as Trump Unleashes New China Tariffs…

Just as investors thought it was safe to buy-the f**king-dip after Powell’s plunge, President Trump steals the jam out of their donut by announcing new China tariffs…”on September 1st, putting a small additional Tariff of 10% on the remaining 300 Billion Dollars of goods and products coming from China into our Country” In a series […]

at

Federal Reserve Cuts Rate Quarter Point, First Since ’08 – Why It Doesn’t Matter…

In 2015 CTH outlined how candidate Donald Trump’s proposals were in-line with those who had long argued for a return of “economic nationalism”. We also outlined when those proposals (now policy) are implemented, Fed action would be essentially irrelevant. The Federal Reserve is pegged to the Wall Street Economy. President Trump’s policies are pegged to […]

at

Chinese Aluminum Billionaire Indicted in $1.8 Billion Tariff Evasion Scheme…

We previously outlined Mr. Zhongtian Liu [HERE] as part of the early 2018 explanation for how China was exploiting the NAFTA loophole as an end-run around tariffs. Today the Central District of California U.S. Attorney announces his indictment – “A federal grand jury indictment unsealed late Tuesday alleges a complex financial fraud scheme in which […]

This website lives off the kindness of your donations. If you would like to support The T-Room please visit our PayPal.

Any publication posted at The T-Room and/or opinions expressed therein do not necessarily reflect the views of The T-Room. Such publications and all information within the publications (e.g. titles, dates, statistics, conclusions, sources, opinions, etc) are solely the responsibility of the author of the article, not The T-Room.