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Action Alert: Welcome to today’s combined Insider Action Alert and Market Update. Mike Maloney recently made a seed-round investment in an unknown project that could have massive potential, find out what it is and how much Mike was prepared to risk in the first segment of today’s video.
Aug 23, 2022 - 09:37:39 PDT
American relations with China in regards to Taiwan have been dictated by years of ambiguous statements and commitments. Now this rhetoric is breaking down and armed conflict seems closer than ever – but is Washington ready to fight over Taiwan, or capable of winning? Assurances and commitments Officially, US policy toward Taiwan is guided by three US-China...
On March 9, 2022, President Biden quietly signed Executive Order 14067. Buried inside this order is a sinister provision that could give the government unprecedented control over your money and freedom.
There is a video clip making the rounds showing President Biden speaking at a recent NATO summit about the seven billion dollars the US government had - at that time - provided to Ukraine. Attached to that is another clip showing the horrific state of several US major cities, including in Pennsylvania, California, and Ohio. The video of American cities is shocking: endless landscapes of filth, trash, homelessness, open fires on the street, drug-addicted zombies. It doesn’t look like the America most of us remember.
The Fed and other central banks have zero control of supply-driven inflation, period.
According to the National Bureau of Economic Research (NBER), the institution that dates the peaks and troughs of the business cycles: A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP [gross domestic pro
In short, Rome controlled virtually every known trade route in the world, and this gave them extraordinary economic power. But it came at great cost: It’s expensive to wage war. It’s even more expensive to maintain a huge empire.And in order to pay for it all, Septimius Severus resorted to heavily debasing the Roman currency. The purity of the denarius silver coin plunged from 83.5% down to just 55% during his rule.
After the ugliness in Euro area PMIs, August's flash PMIs for the US were expected to be mixed with Services improving and Manufacturing slowing - they were half right! US Services PMI collapsed in early August from 47.3 to 44.1 (well below the expected jump to 49.8). US Manufacturing also slowed more than expected, from 52.2 to 51.3 (below the 51.8 expectations)...
Aug 23, 2022 - 07:29:07 PDT
Well, new home sales aren’t coming to the rescue for affordable housing. July’s New Home Sales crashed and burned. At -32.26% YoY. This is happening as M2 Money growth has declined.
Aug 23, 2022 - 07:23:44 PDT
The National Association of Realtors’ Homebuyer Affordability Index for fixed-rate mortgages is now at the lowest reading since 2006 and the peak of the 2005-2007 housing bubble that burst catastrophically.
Aug 23, 2022 - 05:55:34 PDT
Strategist sees significant risk that the economy experiences one or more quarters of negative real GDP growth in late 2022 or 2023
Redfin found that 70% of homes for sale in Boise, Idaho, had their price cut in July, the highest share of 97 metros.
China’s currency is likely to depreciate further against the U.S. dollar as the country’s central bank moves to combat a slowing economy and a deep housing downturn.
British households might have to cope with interest rates hitting 4% as soon as next spring as policymakers wrestle with out-of-control inflation.
Contraction in the euro zone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe towards recession.
China’s property market crisis is testing whether central bank Governor Yi Gang can stick to his stimulus-lite strategy.
In addition to the lowest inventory levels in the SPR since 1985, last Wednesday, the Energy Information Administration (EIA) estimated that crude oil inventories (excluding the SPR) had fallen by 7.1 million barrels.
State Department Urges Americans To Leave Ukraine; UN Says World Is at a Moment of ‘Maximum Danger’Aug 23, 2022 - 05:24:41 PDT
The U.S. issued a warning of increased Russian strikes on Ukrainian infrastructure during the week ahead of its independence day on Aug. 24.
Rising global food prices brought on by Russia's invasion of Ukraine and commodity shortages triggered by climate emergencies are threatening to “destabilize” economies around the world, a United Nations (U.N.) official warned.
Many companies have announced layoffs in recent weeks, and executives expect more are coming. There are steps workers can take ahead of time.