We are literally witnessing history in the making. For the third time in the last six trading sessions, we have witnessed the largest single-day point crash in stock market history. Let that sink in for a moment. On…

Unless the Federal Reserve is purposely attempting to spread panic on Wall Street, the decisions that the Fed just made don’t make any sense at all.  Back on March 3rd, the Federal Reserve announced an unscheduled emergency interest rate…

In all of U.S. history, we have never seen the Dow Jones Industrial Average go from an all-time high to a bear market as quickly as we just did.  As I keep reminding my readers, the stock market…

We haven’t seen anything like this since the last financial crisis erupted in 2008.  Wall Street has been gripped by a tremendous amount of fear, and the volatility that we are witnessing would have been unimaginable just a…

The term “black swan event” is increasingly being used to describe this coronavirus outbreak, and many are concerned that what we are headed for will be much worse than what we experienced in 2008 and 2009.  Already, we…

Has the Federal Reserve finally met an opponent that it won’t be able to defeat?  Ever since the last financial crisis, unprecedented intervention by the Fed at key moments has kept the economy and the financial system relatively…

Stock prices are falling faster and harder than they ever have before.  If the financial markets are in this much chaos even though not a single American has died from the coronavirus yet, what are things going to…

Is a widespread coronavirus outbreak inside the United States inevitable?  After weeks of generally optimistic statements, officials are now warning us to prepare for the worst.  Over the past several days we have seen the number of confirmed…

When was the last time that we witnessed a disaster that severely disrupted the supply chains of over 5 million companies around the globe simultaneously?  Looking back over the past couple of decades, I can’t think of one. …

Global economic conditions are really starting to deteriorate quite rapidly.  Economists were projecting that Japan’s GDP would shrink by 3.8 percent on an annualized basis in the fourth quarter, but instead, it greatly surpassed expectations by plunging 6.3…

For more than a decade, the global economy has steadily grown quarter after quarter, but it looks like that streak is about to come to a very abrupt ending.  The coronavirus outbreak in China has brought the Chinese…

Factories all over China have been shut down, global supply chains have been hit by an unprecedented shock, the Baltic Dry Index is absolutely collapsing, the tourism industry is being absolutely devastated, and companies all over the globe…

The central bank is finally admitting what most of us have known for some time now.  The Fed is fueling the asset bubble and pumping a lot of money into a “booming” economy.  As Bloomberg’s Richard Breslow details…

Lost in all of the headlines about Iran and impeachment is the fact that the U.S. economic slowdown which began during the latter stages of last year appears to be accelerating.  The final numbers which will tell us…

More than 9,300 retail department stores have shut their doors this year.  As 2020 comes at us quickly, most are expecting the retail apocalypse to drag on. While we are told consumerism and spending remains high, retail establishments…

The biggest shopping day of the year is almost here, and marketers are working hard trying to extract as much money from U.S. consumers as possible.  Unfortunately, it is becoming increasingly difficult to get consumers to open up…

I have so many bad economic numbers to share with you that I don’t even know where to start.  I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is…