The extended period of monetary accommodation and the accompanying search for yield are leading to credit mispricing and asset price pressures, increasing the chance that financial stability risks could derail the recovery. Concerns have shifted to the shadow banking system, especially the growing share of illiquid credit in mutual fund portfolios. Should asset markets come under stress, an[...]
Tag: financial collapse
War against Isis: US Air Strategy in Tatters as Militants March On
World View: American-led air attacks are failing. Jihadis are close to taking Kobani, in Syria – and in Iraq western Baghdad is now under serious threat America's plans to fight Islamic State are in ruins as the militant group's fighters come close to capturing Kobani and have inflicted a heavy defeat on the Iraqi army west of Baghdad. The US-led air attacks launched against[...]
No Rate Hike & More QE? – Fed Officials Saw Global Slowdown Among Risks to Economic Outlook
Federal Reserve policy makers at their last meeting said a global slowdown and a stronger dollar posed potential risks to the outlook for the U.S. economy. A number of participants said growth “might be slower than they expected if foreign economic growth came in weaker than anticipated,” according to minutes of the Sept. 16-17 Federal Open Market Committee meeting released Wednesday in[...]
Here Is The Most Frightening Prediction To End 2014 and Enter The Future
Today King World News interviewed a 60-year market veteran who made some absolutely frightening predictions as we head into the end of 2014. He discussed what to expect in the major markets, including stocks and gold, and he warned that despite the propaganda and recent stock market action, the West is literally “destroying” itself. Below is six-decade market veteran Ron Rosen’s remarkable[...]
One World, One Bank, One Currency – Key to When the Gold Price Takes Off
“The government is very good at making things overly complicated for the purpose of obscuring what’s really going on from the public,” observed hedge fund manager Erik Townsend during our interview in May. He was making a point about the 2008 bailouts. The Federal Reserve played a leading role, applying trillions in paper-clip and rubber-band solutions. The Fed’s balance sheet swelled[...]
Total Corruption, Financial Meltdown & Once In 600-Year Event
Long time and highly respected market analyst Richard Russell spoke with Eric King of King World News. In the interview Russell warned of a coming financial meltdown that he says will totally destroy the current financial system. The 60-year market veteran also discussed the fact that the world may now be witnessing a devastating once in 600-year event. Richard further shares his outlook[...]
This Is About As Good As Things Are Going To Get For The Middle Class – And It’s Not That Good
By Michael Snyder, on September 22nd, 2014 The U.S. economy has had six full years to bounce back since the financial collapse of 2008, and it simply has not happened. Median household income has declined substantially since then, total household wealth for middle class families is way down, the percentage of the population that is employed is still about where it was at the end of the last[...]
The Morning After: What Happens When A Government Destroys Its Currency
By Simon Black Imagine this scene: “Everyone in the country was in shock. People’s net worth had devalued more than 53% overnight.” “The value in savings accounts dropped in half and neither merchants nor consumers knew how to react because they had never been through something like it before…” This is how an American business executive described living through Mexico’s devaluation [...]
Setting The Stage for The Next Collapse – Preperations Taking Place Don’t Help You
By: Steve Saville Below is an excerpt from a commentary originally posted at www.speculative-investor.com on 20th July 2014 When the central bank pumps money into the economy and suppresses interest rates it creates incentives to speculate and invest in ways that would not otherwise be viable. At a superficial level the central bank's strategy will often seem valid, because the increased[...]
Richard Russell – People Are Going Broke & It Will Get Ugly – Telling Listeners to Buy Financial Insc.
At nearly 90 years old, the Godfather of newsletter writers, Richard Russell, warned that he expects this ongoing crisis to get very ugly. The 60-year market veteran also included some very troubling guest commentaries warning that, sadly, people are simply going broke in the United States. Russell: “The market fooled me. I thought the Dow would advance to a new high, unconfirmed by the[...]