Everyone take a deep breath. This isn’t 2007 again. The banks aren’t loaded with $10 trillion in “toxic” mortgage-backed securities, the housing market hasn’t fallen off a…
Janet Yellen
When the Dow Jones Industrial Average (DJIA) and S&P peaked in May 2015, investors were still confident that the Fed “had their back” and that…
Much has been written and broadcast over the past few weeks in the financial media and the business pages of general-interest newspapers debating the wisdom…
Dr. Jack Rasmus is a professor of political economics at St. Mary’s College and Santa Clara University in California. Prior to teaching, he was an…
Americans are living right on the edge — at least when it comes to financial planning. Approximately 62% of Americans have less than $1,000 in…
Sure, last year was the first pre-election year stock market loss since the Great Depression. And admittedly, this week was the worst opening week of…
In my column on Friday I reported the unreported facts in the payroll jobs report. http://www.paulcraigroberts.org/2016/01/08/another-fabricated-jobs-report-paul-craig-roberts-2/ If we choose to believe the report, it is…
After an eventful 2015, where we witnessed the first US rate hike in 9 years, crude oil dropping to 6 year lows, a dramatic selloff…
A lot of people were expecting some really big things to happen in 2015, and most of them did not happen. But what did happen? …
Economic forecasters exist to make astrologers look good, but I’ll hazard a guess. I expect the U.S. economy to sputter in 2016. That’s because the…
The move raises critical questions about the global economy for 2016, already slowing significantly since 2014. Further global slowdown is now almost certain in 2016…
The latest signs of an improving economy were good enough to help persuade the Federal Reserve to raise interest rates for the first time in…