In late-November, I warned that plunging oil prices and the bursting of a Fed-driven bubble in the shale energy industry would also cause a bust in high-yield or “junk” bonds…
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CNBC just published a piece about how venture capital spending hit an all-time high in 2018, surpassing the dotcom bubble record: Venture capital just had its highest spending year in…
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Bloomberg just published a piece explaining why the post-Great Recession U.S. auto sales boom is coming to an end: Carmakers have enjoyed an extended run of near-record U.S. sales and fat profits….
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Zillow recently published its 2018 housing market report that showed that America’s $33.3 trillion housing market is up by 49% since 2012: The value of the U.S. housing market continues…
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Apple stock plunged nearly 10% on Thursday after the company cut its revenue forecast due to slowing iPhone sales in China. Apple’s woes dragged U.S. stock indices lower by more…
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Last Monday, Jeff Gundlach, famed bond fund manager and CIO of Doubleline, made an interesting comment during an interview with CNBC when he stated that the 10-year Treasury yield would…
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So far, the month of December has sucked. From Powell to Gundlach, to Trump, and a falling oil prices, there hasn’t been much “holiday cheer…” However, with the market very…
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The much-anticipated December Fed meeting has finally come and gone, and the stock market did not like what it heard. The Fed raised rates by 0.25% and cut its expectation…
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Crude oil’s plunge continued on Tuesday due to fears of a growing glut and economic slowdown. West Texas Intermediate crude oil fell 7.3% to $46.24 a barrel, while Brent crude oil…
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On Tuesday, we put on a small S&P 500 trading position for an oversold bounce. At first, it didn’t work and we were almost stopped out, but a late day rally…
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Last week, I discussed the recent message from Fed Chairman Jerome Powell which sent the markets surging higher. “During his speech, Powell took to a different tone than seen previously…
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All it took was two 10% stock market corrections in a single year and some heavy “browbeating” from President Trump to reverse Jerome Powell’s hawkish stance on hiking interest rates….
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As seen on Forbes by RealInvestmentAdvice.com’s Jesse Colombo: “Here’s Why More American Farms Are Going Bankrupt.” A report came out this week showing that U.S. farm bankruptcies are on the rise due…
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On Monday, General Motors announced that it will cut 14,700 jobs or 15% of its North American workforce in addition to closing three assembly plants and two other facilities: In the…
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“If you repeat a falsehood long enough, it will eventually be accepted as fact.” In the financial markets, and economics, it is a common occurrence for the media and commentators…
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Despite this being a low-volume holiday week, crude oil continues to plunge. West Texas Intermediate (WTI) crude oil is down $3.69 or 6.75% and Brent crude oil is down $3.60…
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Last week, I touched on the issue of corporate profits and tax cuts. While the promise was that tax cuts were going to a massive boost to economic growth, the…
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As someone who has been warning heavily about dangerous bubbles in U.S. corporate bonds and stocks, people often ask me how and when I foresee these bubbles bursting. Here’s what…
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After two significant corrections during 2018, this has to be the beginning of a “bear market,” right? It certainly is possible given the headwinds that are starting to weigh on…
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The world has gone completely startup crazy over the last several years. Spurred by soaring tech stock prices (a byproduct of the U.S. stock market bubble) and the frothy Fed-driven economic…
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