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Justin Boucher
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Justin Boucher

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The next recession is probably already here and since there isn't much the Fed can co, it may last longer than the last one, says Michael Pento.
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It could get ugly in the US economy before long...
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Justin Boucher

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As if this has nothing to do with his own track record. I respect McCain as a fellow veteran, but he has stayed way to long as "career politician". The perfect example of why term limits are needed...
"If Donald Trump is at the top of the ticket," the senator says in a recording obtained by POLITICO, "this may be the race of my life."
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Justin Boucher

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As of today, we now have three consecutive quarters of tightening lending standards. In fact, based on the latest survey, net lending standards tightened even more than during Q4 as shown in the chart below, and are now the tightest on net since the financial crisis. Needless to say, if a recession and a default cycle has always followed two quarters of tighter lending conditions, three quarters does not make it better.
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Justin Boucher

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Justin Boucher

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Are you an old soul, or a brand new one?
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Justin Boucher

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A weak consumer? Gee do you think the lack of jobs and living wages has anything to do with it?
The dominoes of recession have already started to fall. And this could be the "black swan" to put it over the edge, says economist Andrew Duguay.
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Bam! 
When 70% to 80% of that net worth is tied up in your house, you are nothing but a dead retiree walking. You should acquire a taste for cat food and learn how to panhandle for money.
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It's all part of the latest absurd argument suburbs are using to fight their obligations to build homes for low and moderate-income people.
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TD Bank took its popular coin-counting Penny Arcades out of commission on Wednesday after a report found the kiosks were stiffing consumers — including many kids who took their piggy bank loot to i…
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A dim outlook folks...
We are long overdue for a recession—and it will be much worse than 2008, says Michael Pento.
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Have him in circles
119 people
Stephion Alleyne's profile photo
Sourabh Kumar's profile photo
Niharika Neha's profile photo
Florida Pundit's profile photo
David Roe's profile photo
Spence Rogers's profile photo
Lacy “The Devils Apprentice” Salow's profile photo
samo yohannes's profile photo
Aaron's profile photo
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Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats.- H.L. Mencken
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Welding, burning, steel fabrication, general mechanics, underground utilities, asphalt.
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