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Harvard Calls It: Housing Market Slowdown Will Hurt Renovation Boom
The Trump bump has faded, and the real estate market is expected to soften into 2019. The annual growth in national home improvement and repair spending by Americans is expected to slow in 2019, according to the Leading Indicator of Remodeling Activity (LIRA) released Thursday by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University. The LIRA project seems to be ringing the proverbial bell on the US real estate market, indicating year-ov
Fed Killing the Economy
Join Greg Hunter as he goes One-on-One with economist John Williams, founder of ShadowStats.com. Economist John Williams says the recent rate hikes mean the “Fed is killing off the economy.”
Williams says, “I heard President Trump make some comments to that effect, and he’s right. The Fed is trying to raise rates. The idea is if you get higher rates, the banks will be able to make more profits on their lending. It will also encourage bank lending. Unfortunately, on the cons
US BONDS TESTING GENERATIONAL TREND IN PRECIOUS METALS
The silent 800-pound gorilla in the room that no one is talking about is inching ever closer to what will likely be the most significant technical breakdown of our lifetimes. And that market is: the US 30-year bond. As precious metals investors, it is important to monitor the bond market. The relationship between precious metals and bonds shows us the market’s faith in tangible versus paper forms of safety assets. RECENT DEVELOPMENTS IN THE US BOND MARKET The bond market ha
Rising interest rates send stocks skidding; tech plunges
NEW YORK (AP) — Stocks tumbled Thursday as this week's spike in U.S. interest rates rippled through global markets. Investors sold high-flying technology and internet stocks and the Nasdaq composite took its biggest loss in three months. Strong reports on job gains and the service industry have sent bond prices tumbling over the last two days as traders bet the U.S. economy will keep growing at about its current clip. Government bonds are stable investments that look most ap
Coming Financial Crisis Much Bigger than 2008
Published by Greg Hunter | USA Watchdog A reality check is about to hit America when the paradigm shifts from the U.S. Dollar being the "Reserve Currency" of the world, and the realization that it NO LONGER IS catches up with the global economy...Americans will be shocked when they realize that they actually have to produce goods and services in high demand in order to generate the real capital necessary to procure the goods and services they need to survive. Your economic pl
Economic Meltdown Worse than Great Depression Coming
Published on Greg Hunter's | USA Watchdog Gerald, your foresight is spot on here! Great job on sounding the bell! SLOW MOTION TRAIN WRECK ABOUT TO IMPACT! Hyper-Inflation of Economy Causing Massive Currency Devaluation, Real Estate Equity Descending, Sovereign Debt Irreconcilable, Banks Reaching Insolvency, Social Security on the brink of bankruptcy, Pensions broke, IRA & 401k devaluation killing your financial future, and a Global Recession on a Scale NEVER BEFORE SEEN fast
People don't want to work at chains like McDonald's and Dunkin' Donuts, and it's cre
A McDonald's employee passes an order to a driver at a drive-through restaurant in Los Angeles. Lucy Nicholson/Reuters Executives and analysts say that a "war for talent" is sweeping the restaurant industry and creating massive problems. Chains like Dunkin' Donuts are struggling to fill positions, with some brands falling short of sales goals due to labor shortages. With unemployment low and a plethora of alternative jobs available,chains are scrambling to find a way to hire
Congress Should Help Americans Delay Claiming Social Security
If we don’t do something in ten years, 40% of middle-class older workers will be downwardly mobile into retirement poverty – a potential political flash-point and certain human tragedy. Older workers don’t have adequate retirement accounts and Social Security won’t be enough for most retirees to maintain their living standards. The median older worker, age 55-64, has only $15,000 in their retirement account; the middle-class worker has $60,000; and even those in the top 10%
