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Economy

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Economist Marc Faber, who is known in many circles as Doctor Doom for his oft gloomy forecasts, says that stock markets are overvalued, but stops short of saying that a crash is imminent. Though valuations are high and sentiment is dangerously optimistic, Faber argues in a recent interview with Fox
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Could there be a crash coming in 2017? Will increasing interest rates at the Federal Reserve trigger the beginning of the end? It is possible, but not certain. It will fall, perhaps, after a new sense of normal sets in, and some become comfortable with the change in leadership, and
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The stock market has been on quite a roll in recent weeks, but signs of trouble continue to plague the real economy.  Earlier this week, I talked about the “retail apocalypse” that is sweeping America.  Major retail chains such as Sears and Macy’s are closing stores and laying off workers,
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A Quinnipiac University Poll that was released on Tuesday says that Donald Trump only has an approval rating of 37 percent.  Meanwhile, that same survey found that Barack Obama currently has an approval rating of 55 percent.  Of course considering the fact that Quinnipiac polls showed Hillary Clinton winning the
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As business enters into 2017 and the Trump Administration with high hopes for a new boom, individual households remain less than optimistic about their own financial future. With overwhelming student debt, and factors such as increasing costs of living, a new housing and auto bubble, difficulty finding good work and
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It has only been two weeks since Christmas, and already we are witnessing a stunning bloodbath of store closings.  Macy’s shocked the retail industry by announcing that they will be closing about 100 stores.  The downward spiral of Sears hit another landmark when it was announced that another 150 Sears
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Don’t get me wrong, online business is that best way to go. However, people with jobs at brick and mortar businesses are going to have to be able to adapt to the changing of how business is conducted. Recent reports indicate that hundreds of brick and mortar stores are closing
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In the following interview, Turd Ferguson of TF Metals Report interviews the one and only Dr. Jim Willie, in what is undoubtedly one of the best Dr. Willie interviews I’ve ever heard. The article that follows the interview is also from TF Metals Report, and it’s written by Grant Williams,
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What lies ahead for the economy this year? Will the economy finally collapse as predicted by many or will the early positive signs in stock markets around the world continue and the global economy will flourish? I’ve taken a lot of heat for being “gloomy” and for “fear-mongering” lately when
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We’re living in the calm before the storm. That much everyone can sense.  The stock market highs and holiday spending spree will soon be over, the inauguration will presumably go as planned, but that’s when everything could start to go off course. The only question is how the storm is