U.S. Economy

The U.S. economy limped along in the second quarter solely on consumer strength. Will that strength return for the third quarter and avoid a recession? Don’t hold your breath.

What we are led to believe as “truth” in America is no different than what the Soviets were led to believe, and only by disengaging will you get facts to defend investment decisions.

Negative rates are a financial horror show. They’re already a reality in Japan and the EU. But some banks are beginning to balk at the idea by vaulting hard currency and gold.

This week saw the Dow and the S&P 500 hit new highs. But this is not a time to be greedy and jump into a buying frenzy. A century-old, tried-and-tested theory is signaling an imminent bear market…

The June jobs report blew past expectations, but the devil is in the details. An economy built on falling corporate revenue, declining goods orders and low-paying jobs cannot stand.