Elliott Wave International's Head of Global Research, Murray Gunn, explains how a decision by a clothing company whose product became a Wall Street icon might neatly bookend the bubble and presage debt-deflation.
As the Federal Reserve’s intensifying fight against inflation sinks every asset on Wall Street, investors are asking: Why buy now when things could get cheaper still?
Another hurricane has devastated Puerto Rico, with over one million people still without power as of Thursday morning
The dollar’s march to record highs is sweeping aside other currencies, with the euro and pound hitting fresh multi-decade lows on Friday.The common currency slid 1% to its weakest since 2002, while the pound dropped as much as 2.1% to its lowest in 37 years, putting it on track for its worst week since early May. That came as a gauge of the greenback hit another all-time high...
Business surveys indicate that economic activity in Europe declined sharply in September, raising the risk of recession as governments grapple with surging prices and disruptions from Russia’s attack on Ukraine.
Federal Reserve officials and their counterparts around the world are trying to defeat inflation by rapidly raising interest rates. They know it will come at a cost.
Oil drops sharply Friday as recession fears grip financial markets, sinking global stock markets and contributing to a further rise by the U.S. dollar.
The global energy sector is in crisis. Supply chain woes and maintenance leftover from the pandemic, a fickle and bloodthirsty despot kinking the hose that supplies Europe with most of its natural gas, severe droughts causing issues with energy supply and transport ranging from China to Switzerland...
As European countries race to prepare for what promises to be a difficult winter, the reality is that the energy crisis will last until at least next winter...
London banks are preparing their contingency electricity supply plans in case of a blackout this winter...
JPMorgan Chase CEO Jamie Dimon assured lawmakers of his commitment to helping finance traditional energy sources.
In August, California announced the end of fossil fuel-powered car sales by 2035, prompting green energy advocates to celebrate. However, flex alerts followed the announcement just days later, asking Golden State residents to avoid charging their electric vehicles during peak hours. Lack of compliance with the measure meant widespread blackouts due to the additional strain on the electrical grid.
Deutsche Bank's economists say the European energy crisis has "deteriorated" and there are now "elevated risks" that the Russia-Ukraine war will escalate further.
Goldman Sachs cut its year-end target for the S&P 500 to 3,600 from 4,300. It implies that the index will fall 4% through the end of the year.
One week after stocks suffered their biggest drop since June, futures are in freefall on Friday with the dollar soaring to the now default daily record high..
The roughly 280,000 teachers, staff and volunteers who are part of the Head Start Program will no longer have to get "vaccinated" for the Fauci Flu (covid) or wear a face mask at school, a federal judge has ruled.Last December, teacher Sandy Brick filed a lawsuit in federal court in Louisiana to stop the mandates. She … [Read More...]
Forty-seven Minnesotans face serious criminal charges for allegedly defrauding the federal government's child nutrition program of at least $250 million in less than two years.According to U.S. Attorney Andrew Luger, the 47 defendants "engaged in a brazen scheme of staggering proportions," adding that the $250 million … [Read More...]
To keep the gravy train moving, the pharmaceutical industry has teamed up with the Department of Health and Human Services (HHS) to recommend that all adults in the United States under the age of 65 be screened for anxiety disorders.A panel of "experts" commissioned by HHS says that all people in the U.S. regardless of … [Read More...]
The covid plandemic might be over, but that does not mean the globalists are done persecuting us under their relentless tyranny.The next phase of their global police state involves another round of lockdowns for "climate change," according to journalist Jack Posobiec.A Pandemic Panic Theater 2.0 event, to quote … [Read More...]
It has long been argued that, should humanity ever go extinct, it will be because of overpopulation and the depletion of all resources. The reality, though, is that human society is already in the throes of an engineered collapse because of "save the world" depopulation and population control efforts disguised as … [Read More...]