With stock markets weaker across the globe, today a 50-year market veteran warned King World News that a huge game-changer is about to strike. He also discussed the truth about what is really happening around the world. John Embry: “Yesterday we saw a surge in stocks and a smash in gold. The interesting thing was the supposed reason for the surge in stocks was related to discussion of possible [...]
Tag: Economic Crisis
“Earnings Estimates Haven’t Declined By This Much Since The Financial Crisis”
by David Kranzler Investment Research Dynamics All ten sectors [of the S&P 500] have recorded a decline in expected earnings growth since the beginning of the quarter due to downward revisions to earnings estimates… – John Butters, FactSet I guess declining earnings estimates for America’s biggest companies are the perfect reason for the S&P 500 to have popped 1.22% today.[...]
Experts Fear World May Be Headed for Yet Another Financial Crisis
By Dan Weil Only six years after the end of the worst financial crisis since the 1930s some experts are worried another one may be on its way.Some are "warning that the global community has failed to learn the lessons of the Greek debt crisis — or even of Argentina’s default in 2001, the consequences of which are still being contested furiously in courts on both sides of the[...]
Australia To Start Taxing Bank Deposits….You Next?
Up until now, the world's descent into the NIRPy twilight of fiat currency was a function of failing monetary policy around the globe as central bank after desperate central bank implemented negative and even more negative (in the case of Denmark some four times rapid succession) rates, hoping to make saving so prohibitive consumers would have no choice but to spend the fruits of their labor, or[...]
Fed’s Yellen Says Rate Hikes—But Not Too Many—Are Coming
By Greg Robb WASHINGTON (MarketWatch)—Federal Reserve Chairwoman Janet Yellen on Friday channeled her inner Mary Poppins, giving markets a spoonful of sugar while delivering the message that an increase in interest rates is coming soon. “I expect that conditions may warrant an increase in the federal funds rate target sometime this year,” Yellen told a conference sponsored by the San[...]
As Major Cracks Appear In The Global Financial System, It’s Everyone, Every Currency And Every Central Bank For Itself
By John Ing of Maison Placements March 24 (King World News) – Much is made of America’s economy becoming one of the fastest growing economies in the world. It is all relative. Debt has grown even faster. The US dollar too has soared relative to other currencies, thanks in part to a relatively better economic recovery and of course the trillions from the Fed’s bond buying program. However, [...]
6 Major Flaws in the Fed’s Economic Model – James Rickards
The U.S. dollar is the dominant global reserve currency. All markets, including stocks, bonds, commodities, and foreign exchange are affected by the value of the dollar. The value of the dollar, in effect, its “price” is determined by interest rates. When the Federal Reserve manipulates interest rates, it is manipulating, and therefore distorting, every market in the world. The Fed may have [...]
The United States, Weimar Germany And What The Fed Is Really Up To
Today one of the greats in the business spoke with King World News about the United States, Weimar Germany and what the Fed is really up to. He also included two fantastic illustrations that all KWN readers around the world must see. James Turk: "Each week the world’s financial picture goes further and further into la-la land, Eric. In short, things are getting crazier. An example is the[...]
The American Financial Disaster is a Mystery Only to Economists and other Financial “Experts”
I think I should accept that I will never in my life cease to be amazed at the capacity of the human being to spin a story to his/her own preferences, rather than take it simply for what it is. Your run of the mill journalist is even better at this than the average person – which may be why (s)he became a journalist in the first place -, and financial journalists are by far the best spinners[...]
THE REAL REASON THE AMERICAN DREAM IS UNRAVELING
Marketwatch posted an article this week titled Why the American Dream is Unraveling, in 4 charts. As usual, the MSM journalist and the liberal Harvard academic can create charts that reveal a huge problem, but they completely misdiagnose the causes and offer the typical wrong solution of taking more money from producers and handing it to the poor, with no strings attached. This has been the[...]