Dave Kranzler: Housing crash to be bigger than 2008
As the Federal Reserve continues to raise interest rates, the impact is being increasingly felt in the housing market. And in today’s video,...
How “Food Shortages” & Economic Collapse Protects the Status Quo – OffGuardian
Colin Todhunter In March 2022, UN Secretary-General Antonio Guterres warned of a “hurricane of hunger and a meltdown of the global food system” in the wake of the crisis...
Major US Retailers Warn: Lower-Income Consumers Are In Trouble
President Biden and his top advisers have been adamant that the consumer is exceptionally strong this summer despite the economy slumping into a technical recession. Well,...
Nobel Laureate Thaler Doesn’t See A Recession As Atlanta Fed’s GDPNow Tracker Slows To 1.38% For Q3 (Conference Board Leading Indicators At 0.0% YoY And Yield Curve Remains Inverted) – Confounded Interest – Anthony B. Sanders
University of Chicago economist and Nobel Laureate Richard Thaler says he doesn’t see anything that resembles a recession in the U.S. It used to be...
Powell Warns Of “Economic Pain” From Tightening, Says “Historical Record Cautions Against Loosning Policy Prematurely”
You’re heard all the previews (here, here, here, and here), warning of disappointment. You’ve listened to the under-card (Bostic, Bullard, and Harker all equanimously hawkish)...
Rates will rise until the ‘job is done’ bringing down inflation
Federal Reserve Chairman Jerome Powell on Friday said the central bank’s job on lowering inflation is not done, suggesting that the Fed will continue to...
Fed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat to deliver a blunt message that the Fed will keep...
UMich Inflation Expectations Ease Further, Consumer Sentiment Bounces Off Record Lows
While sentiment should be front-and-center (dragging near record lows), thanks to Fed Chair Powell’s previous comments, all everyone wants to know is what University of...
UK energy bills to rise by 80% — RT Business News
British households will see energy prices surge by 80% starting from October, the government regulator Ofgem announced on Friday. The annual price cap is set...
Power costs in Germany hit historic highs — RT Business News
Benchmark electricity prices have soared by more than 860% in the last year, according to Bloomberg German benchmark power prices for next year soared above...