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A Massive Bubble In Retail Stocks

by irdadmin | Jun 13, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

Retail, especially the “concept” retailers, are going parabolic. It makes no sense given the declining rate of personal consumption, retail sales, etc. The kinkiest names like RH, RL and W are going up like the dot.com stocks went up in late 1999/early...

Consumer Spending Contraction: Two Charts That Horrify Keynesians

by irdadmin | Jun 10, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

“While the decline in housing activity has been significant and will probably continue for a while longer, I think the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough to cause a recession in the U.S. economy—have...

Household Debt At Record Level – Bigger Than China’s GDP

by irdadmin | Aug 14, 2017 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy

The economy continues to grow weaker despite all of the Fed, Wall St. and media propaganda to the contrary. The economy is growing weaker due to the deteriorating financial condition of the consumer, which is by far the biggest driver of GDP in the United States. The...

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