Why Does The Federal Reserve Keep Slamming The Panic Button Over And Over If Everything Is Okay?

Why Does The Federal Reserve Keep Slamming The Panic Button Over And Over If Everything Is Okay? By Michael Snyder What in the world is the Federal Reserve doing?  For months the Fed has been trying to publicly convince us that the U.S. economy is “strong”, and Fed Chair Jerome Powell recently unequivocally stated that “the Federal Reserve is not currently forecasting a recession”, but the Fed’s actions tell a completely different story.  If the U.S. economy really is performing well, any economics textbook will tell you that the Fed…

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Wisconsin Farm Loan Delinquencies Jump To Levels Not Seen Since 2001

Wisconsin Farm Loan Delinquencies Jump To Levels Not Seen Since 2001 By Tyler Durden The Federal Deposit Insurance Corporation (FDIC) warned Thursday that farmers across the Central and Midwest US were quickly falling behind on agriculture loans held by community banks, according to Reuters. In a quarterly report of loan delinquency data of US banks, published by the FDIC, there was no direct reference to President Trump’s trade war with China. But the report noted that credit deterioration in agriculture loans, specifically in Wisconsin, were alarming. “We continue to monitor…

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U.S. Layoffs Rise 38 Percent — Highest Level For August Since 2009

U.S. Layoffs Rise 38 Percent — Highest Level For August Since 2009 By Michael Snyder We continue to get more numbers that indicate that U.S. economic activity is really starting to slow down.  According to Challenger, Gray & Christmas, the number of layoffs in the United States was 38 percent higher in August than it was in July. A 38 percent increase in one month is more than just a little bit startling, and many believe that if this momentum continues we could soon be facing an avalanche of job…

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An Indicator With A 100% Perfect Track Record Of Predicting Recessions Says That Another One Is Coming

An Indicator With A 100% Perfect Track Record Of Predicting Recessions Says That Another One Is Coming By Michael Snyder You can believe that we will somehow beat the odds this time if you want, but history is completely against you.  One of the biggest reasons why there is so much anxiety on Wall Street right now is because of how the yield curve is behaving.  We have seen yield curve inversions before each of the last seven U.S. recessions, and now it has happened again.  Perhaps this helps to…

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Casino Billionaire: The U.S. Consumer Can’t Keep Saving The Economy

Casino Billionaire: The U.S. Consumer Can’t Keep Saving The Economy By Mac Slavo Casino billionaire Tilman Fertitta says that the current economy is resting on the back of the American consumer. Fertitta added that he doesn’t think consumers can keep saving this economy for much longer. Fertitta told CNBC on Monday that he is doing things in a “very conservative way” amid fears of a global downturn. “I think most of corporate America is doing things in a conservative way,” said Fertitta, a restaurant, hotel and casino magnate who also…

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911, WHAT’S YOUR EMERGENCY: Trump Driving Dollar OFF A CLIFF!

911, WHAT’S YOUR EMERGENCY: Trump Driving Dollar OFF A CLIFF! This is a critical update from one of the best financial commentators I know, a good friend of ours, Mr. Lior Gantz of WealthResearchGroup.com and we’re excited to share this one with you! Ray Dalio, the world’s No.1 hedge fund manager, studies economic cycles going back 600 years and more. I’ve read all of his books and essays – the research is unbelievable. Bridgewater Associates has 1,500 analysts on its payroll, as well as wildly expensive computing machines, but for…

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5 Sectors of The U.S. Economy That Are In Decline

5 Sectors of The U.S. Economy That Are In Decline By Steven Maxwell As regular readers of this site are probably well aware, it often feels like we are living in parallel worlds when it comes to media coverage of just about anything. This is extremely evident in the economy. In a game of numbers, one would think that there would be much more obvious agreement about the conclusions we can draw from economic data. Nothing could be further from the truth, as on one end we are given persistently…

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Currency War Begins: Chinese Yuan Crashes to New Record Low as Global Markets Tumble

Currency War Begins: Chinese Yuan Crashes to New Record Low as Global Markets Tumble By Tyler Durden Update 2: – China’s central bank has confirmed that it is, indeed, on, saying that it is able to keep the yuan exchange rate at a reasonable and balanced level – whatever that means – while acknowledging that the Yuan plunging beyond 7 per dollar is due to market supply and demand, trade protectionism and expectations on additional tariffs on Chinese goods. Meanwhile, resorting to its old, tired and worn out tricks, Dow…

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Leading Indicator Of Home Remodeling Activity Warns Big Drop Coming

Leading Indicator Of Home Remodeling Activity Warns Big Drop Coming By Tyler Durden Growth in residential remodeling spending is expected to fall through 2H20, according to the Leading Indicator of Remodeling Activity (LIRA) published by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The leading indicator [LIRA] forecasts that annual growth in homeowner expenditures for improvement will plunge 6.3% in the current quarter to just .40% by late spring 2020, an ominous sign that a deep structural slowdown which started in 1Q18 is now spreading like cancer through…

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Deutsche Bank Collapse Could Crash Global Financial Markets

Deutsche Bank Collapse Could Crash Global Financial Markets By Avi Mizrahi German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of the too-big-to-fail banking system falters, it could trigger another global financial crisis. Deutsche Bank Struggles to Survive Deutsche Bank AG, the largest banking services group in Germany with well over a…

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