by irdadmin | Mar 1, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
The Dow and the S&P 500 stock indices are emblematic for the degree to which the U.S. economic, financial, political and social system has dislocated from reality. Insanity prevails in a system that is corrupted to the core. “Going down the rabbit...
by irdadmin | Feb 28, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Americans are filing for bankruptcy at the fastest rate in several years. In January 2017, 55,421 individuals filed bankruptcy. That’s a 5.4% increase over January 2016. In December 2016, 4.5% more individual bankruptcies were filed than in December 2015....
by irdadmin | Feb 22, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Toll Brothers reported its Fiscal Q1 earnings this morning. Year over for the quarter: Revenues declined nearly 1%, operating income plunged 46.8%, net income dropped 4.1%. Net income was boosted by the reliable accounting management technique of reducing the...
by irdadmin | Feb 10, 2017 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Too much debt, poor capital allocation decisions (McMansions, expensive leased cars, spending to “keep up with the Jones’) and declining disposable income. It’s hitting the general middle class in America similarly to the way in which it is hitting...
by irdadmin | Feb 8, 2017 | Financial Markets, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
In my view, the mood of these markets is in stark contrast with the many unknown from our current economic and political landscape, both here and abroad. For me, it’s a major disconnect, and it concerns me. – James Tisch, Loews CEO (call transcript...
by irdadmin | Feb 1, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
Driving by the west-side border of downtown Denver (on I-25), I can count 9 cranes in air plus one semi-finished high-rise building. What’s amusing about this is that there’s already an oversupply of rental apartments and condos as the 1-2 month free +...
