After Monday’s historic selloff that capped a three-week, $6.4 trillion rout in global equities as a brutal unwind in the carry trade driven by last week’s BOJ rate hike hammered most consensus trades, a dead cat bounce arrived as some investors looked for bargains and markets saw a hint of calm return on Tuesday…
What’s the Sahm Rule? Alarming Jobs Report Raises Recession Risk…
A key indicator has predicted every recession since 1970, and the alarm just sounded…
$1 Trillion Wipeout: Market Rout Punishes Megacap Tech…
As U.S. markets opened for trading on Monday, tech’s megacap companies lost about $1 trillion in market cap, deepening a downturn that sent the Nasdaq into correction territory last week….
Larry Kudlow: Recession Risk Grows Larger and Stocks Are Getting Clobbered…
It’s a shakier economy than the media admits, Kudlow says…
And Suddenly Things Change…
“The global economy is becoming unburdened by what has been.” — Jordan Schachtel on “X”…
House Judiciary Investigating IRS Corruption Claims: Is Agency Spying on Taxpayers ‘en masse’?…
Feds accused of watching bank accounts without legal justification…
Trillion Dollar Club: Leaders in Congress Who Saddled Your Children, Grandchildren, Great Grandchildren…with a $34 TRILLION National Debt That’s Growing and Growing and…
Sen Mitch McConnell has served as Minority or Majority Leader of the U.S. Senate for more than 20 years when the majority of the massive budget deficits have grown into the trillions in debt we have today…
U.S. National Debt Surpasses $33 Trillion…
Treasury Secretary Janet Yellen said she was “not really concerned about the impact” the Biden administration’s spending programs were having on the national debt…
The Fitch Downgrade of U.S. Debt: What You Need to Know…
At 5:13 p.m. ET on Tuesday, after the stock market closed, Fitch downgraded the U.S. credit rating from AAA to AA+…
They See It Coming – Fitch Joins S&P to Downgrade U.S. Credit Rating…
Collapse is never a sudden occurrence; it is an outcome of gradual erosion over time…
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