Here’s Proof Housing and Stocks are in the ‘Greatest Bubble’ in Modern History

The valuation of all household assets including stocks and real estate has never increased so far beyond the underlying income of Americans, a new report finds. Overvalued markets place the economy at risk of a recession. “Never have asset valuations been so far beyond underlying incomes to support those valuations as now.” It will be […]

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FOMC Minutes Say the Fed Will Pause on Interest Rates, But Economic Data Suggest Further Cuts Likely

The Federal Open Market Committee (FOMC) voted to lower interest rates last month for the third time in as many meetings. Most FOMC members see no need for further rate cuts. Calls for looser monetary policy could grow as the U.S. economy grinds to a halt. “Most” Federal Reserve members believe they are done lowering […]

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Dow Futures Brace for Volatile Week as Damages from U.S.-China Trade War Begin to Surface

Futures on the Dow and broader stock market rose sharply on Friday, but finished lower for the week as threats to U.S. and global economic health resurfaced. Volatility is likely to simmer near the surface next week as attention shifts to U.S.-China trade negotiations. For all the talk of progress, both countries remain far apart […]

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Analyst Falsely Claims Bitcoin Price Decline Will Spark Gold Rally

Twitter Facebook LinkedIn Stephen Innes, the head of trading for the Asia Pacific region at foreign exchange (FX) trading giant Oanda, has said that the plunge in the value of bitcoin and crypto will lead to a surge in the price of gold. In an interview, Innes said: “There’s still a lot of people in […]

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