A “Retail Apocalypse” Is Gaining Momentum All Over America. Is Your Favorite Chain Closing Stores?

Why are retailers closing thousands of stores if the U.S. economy is in good shape?  Of course the truth is that the U.S. economy is not in good shape at all.  The cost of living crisis is absolutely crushing working families all over the nation, and U.S. consumers simply don’t have as much discretionary income as they once did.  Needless to say, our retailers are highly dependent on discretionary spending, and many of them have been reporting very disappointing sales numbers recently.  Sadly, the problems that our retailers are experiencing are only going to intensify as U.S. economic activity continues to slow down. (Read More...)

Is A Much Deadlier Strain Of Monkeypox Going To Be The Next Great Global Health Scare?

Should we be alarmed?  Many of us have been watching the spread of a deadly new strain of Monkeypox for quite some time, and now it appears that this crisis is about to reach a boiling point.  It is being reported that the World Health Organization is going to hold an “emergency meeting” to determine whether or not to declare a “public health emergency of international concern” due to a rapidly growing outbreak of Monkeypox in central Africa.  For those that are not familiar, a “public health emergency of international concern” is the highest level of alert that the WHO issues.  For example, in January 2020 a “public health emergency of international concern” was declared when COVID started to spread like wildfire inside China.  So could we now be on the verge of the next great global health scare? (Read More...)

Why Has The United States Been Shaken By So Many Unusual Earthquakes Lately?

It is getting very difficult to ignore all of the shaking that is going on.  Over the past few months, there have been very unusual earthquakes all over the United States.  As you will see below, there have been noteworthy quakes on the west coast, on the east coast, near our northern border, and near our southern border.  Of course all of this comes at a time when the entire planet is being shaken by unusual seismic activity.  Is all of this unusual seismic activity building up to something?  If so, what does that mean for all of us? (Read More...)

Donald Trump Says That A Great Depression Is Coming. He Is Right.

Do you believe Donald Trump?  He is entirely convinced that if we stay on the path that we are currently on we are heading into a “great depression”, and many believe that he is right on target.  Unemployment is rising, manufacturing activity is contracting, bankruptcies are soaring, home sales have fallen to depressingly low levels, the cost of living crisis never seems to end, poverty is soaring and homelessness is at the highest level ever recorded.  Since Barack Obama first entered the White House, our politicians in Washington have been propping up the economy by adding 25 trillion dollars to the national debt.  Now our national debt has crossed the 35 trillion dollar mark, and our politicians continue to spend money at a pace that is absolutely absurd.  But despite this tremendous influx of borrowed cash, the wheels are starting to come off the U.S. economy anyway. (Read More...)

This Isn’t The End For The Financial Markets – The Truth Is That This Is Just The Beginning Of The Chaos…

If you are surprised by what is happening in the financial world right now, you probably haven’t been paying much attention.  Stock prices were obscenely high and many investors were massively overleveraged.  The Dow Jones Industrial Average plummeted by more than 1,000 points on Monday, and stock prices are still obscenely high and many investors are still massively overleveraged.  During the days ahead, we are going to see some wild ups and some wild downs, and this tragedy is going to take some time to fully play out.  But without a doubt, we have got a major problem on our hands. (Read More...)

The Wheels Have Started To Come Off For The U.S. Economy, And The Worst Is Yet To Come

For a long time, there was a lot of denial about the direction that the U.S. economy was heading.  The Biden administration and the mainstream media just kept insisting that everything was just fine even though everyone could clearly see that it wasn’t.  But now reality is setting in.  Last week we got some numbers that Wall Street really didn’t like, and a massive temper tantrum ensued.  The panic that we witnessed on Friday was quite breathtaking, and many are concerned that it could bleed over into the new week.  Investors are desperate for the Federal Reserve to cut interest rates, but so far the Fed has not moved. (Read More...)

Wall Street Is Starting To Freak Out About The Horrendous State Of The U.S. Economy

It looks like investors are starting to figure it out.  Bad economic numbers continue to come pouring in, but so far the Federal Reserve has refused to pull the trigger on a rate cut.  We have seen this story before, and it never ends well.  It is often said that “he who hesitates is lost”, and in this case the Fed’s hesitation could mean a tremendous amount of economic pain during the months ahead.  On Thursday, Wall Street responded to the Fed’s inaction by throwing a bit of a temper tantrum.  At one point the Dow Jones Industrial Average was down 744 points, and it closed the session down 494 points… (Read More...)

World War 3 Alert! Iran Says That It Will Conduct “Special Operations” To Take Revenge On Israel

It is difficult to see how a cataclysmic war in the Middle East can be avoided at this point.  The region was already teetering on the brink of disaster, and now the head of Hamas has been assassinated.  It would be difficult to overstate the anger that the Islamic world is experiencing right now, and the Iranians are particularly mad because it happened on their territory.  As you will see below, the Iranians are vowing that they will take revenge on Israel.  If the Iranian response is too large, there is a risk that it could set off a series of events in the Middle East that nobody is going to be able to control. (Read More...)

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