Some Republican senators are talking openly about Social Security cuts
If a Republican-controlled Congress comes for your Social Security benefits in the next few years, don’t say they didn’t warn you. They did. Sen. Mike...
Hedge fund giant Elliott warns looming hyperinflation could lead to ‘global societal collapse’
“Investors should not assume they have ‘seen everything’” That was from executives at leading hedge fund Elliott Management, who warned that the world is heading...
Why did inflation surge to 40-year highs? Here are 4 causes of the Fed’s mistake
The first was being unaware that the foundation of the U.S. banking system had been eroded away by complex mortgage securities carrying high credit ratings,...
Economist Updates Chance of Recession to 90% Despite Strong GDP Data Release: Steve Hanke – Video
Steve Hanke, Professor of Applied Economics at Johns Hopkins University, updates the probability of a recession to above 90%, despite Thursday’s preliminary Q3 GDP data...
A Substantial Portion of Gen Z and Millennials Prefers Investing in Bitcoin and Crypto: Study By DailyCoin
[ad_1] © Reuters A Substantial Portion of Gen Z and Millennials Prefers Investing in Bitcoin and Crypto: Study According to a Charles Schwab (NYSE:) study,...
A Global Monetary Reset Is Here; Countries No Longer Want to Be Held Hostage, Warns Frank Giustra
In an exclusive interview with Daniela Cambone, billionaire philanthropist, Frank Giustra lays out his thesis for the global monetary reset already underway. We’re at the...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough....
Biden warns of ‘chaos’ for U.S. economy if default follows debt-ceiling fight
President Joe Biden on Monday warned again of dire consequences for the U.S. economy if there’s a default on the federal debt, saying “there’s nothing...
‘Fragile’ Treasury market is at risk of ‘large scale forced selling’ or surprise that leads to breakdown, BofA says
The world’s deepest and most liquid fixed-income market is in big, big trouble. For months, traders, academics, and other analysts have fretted that the $23.7...
This U.S. pension plan faces a bigger crisis than the U.K.’s
Could the U.S. pensions behemoth be hit by the kind of crisis that just swept across the U. K.? Don’t bet on it, says ratings...