Lacy Hunt: Total US Debt to GDP is Over 370%
“I am afraid that the Fed is walking a very serious tight rope. Monetary policy is too restrictive for reasonable economic growth.”
Chart of the Day: Another Indicator Warning of Recession
Hope for economic reform and fears in the EU mean that the US is still the best game in town, but key underlying economic fundamentals are increasingly weak.
James Rickards: Forget the Debt Ceiling, Watch For the Spending Ceiling
James Rickards is a four time best selling author of books such as Currency Wars and the Death of Money. While known somewhat deservedly as a ‘gold-bug,’ Mr. Rickards is […]
Margin Debt Hits All Time High – Does it Matter?
It is quite literally unsustainable when margin grows faster than prices
Martin Armstrong: We Are Nowhere Near the Highs
Martin Armstrong is one of the most enigmatic and interesting market forecasters out there and we always enjoy it when we come across new interviews with him. This interview with […]
Chart of the Day: US Industrial Production
In the last 98 years every single time industrial production has declined by as much or for as long, the US has been in a formal recession
Jim Rogers: People Know Something Is Wrong
Legendary investor, author, and financial commentator Jim Rogers recently spoke with Bloomberg and issued a stern warning. Mr. Rogers responded to the idea that because central bank policy since the […]
Charting the Looming Sovereign Debt Crisis – Part II
The US federal government has borrowed more than all corporate and industrial loans, mortgages, student debt, consumer debt, and the entire US corporate bond market combined
Chart of the Day: Rent Declining in Most Expensive US Cities
Much has been made of the influx of foreigners buying real-estate in America’s largest and most expensive cities (here). While this has kept high end real-estate prices in the most […]
Charting the Looming Sovereign Debt Crisis – Part I
Ireland pays $2,400 per person per year to service its debt, or $9,600 per year for a family of four. Not far behind, Greece pays about $7,600 per family of four to service its debt. That amounts to 41% of the average household income in Ireland and Greece