By Gilad Atzmon Have you noticed the peculiar fact that despite the lockdown, the economic crisis, tens of millions unemployed and multiple corporations filing for bankruptcy, Wall Street is having a ball? CNBC‘s Jim Cramer […]
Michael Krieger And so castles made of sand fall in the sea, eventually. – Jimi Hendrix There’s a widespread belief out there that the U.S. and the global economy in general is on much sounder […]
by Tyler Durden Update 2: In his clearest threat yet, President Trump replied “you’ll soon find out” when asked whether the US would attack Iran. In remarks to the press, Trump reiterated that Iran made a “very […]
by Tyler Durden Two days ago, when we commented on the early morning plunge in stocks (which was subsequently fully reversed by the close in a historic 800 point Dow reversal), we said that a long-standing question – will […]
BY CRAIG WILSON [Urgent Note: David Stockman warns that the nation’s future and a massive debt ceiling hangs in the balance as Wall Street stocks carry on. The economist is on a mission to send his new […]
By Michael Snyder Have you ever wondered how tech companies that have been losing hundreds of millions of dollars year after year can somehow be worth billions of dollars according to the stock market? Because […]
The stock market has reached new all-time highs this week, just two weeks after plunging over the BREXIT result. The bulls are exuberant as they dance on the graves of short-sellers and the purveyors of […]
Michael Snyder This article was written by Michael Snyder and originally published at hisEconomic Collapse blog. Editor’s Comment: It is all just a matter of time, but so clear that so many foreboding financial events […]
By Michael Snyder Just within the past few days, three major high yield funds have completely imploded, and panic is spreading rapidly on Wall Street. Funds run by Third Avenue Management and Stone Lion Capital […]
By Michael Snyder You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these […]
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