Regional bank stocks crumbled Thursday after Zions Bancorp said it wrote off $50 million in the third quarter on bad loans to auto parts supplier First Brands, which filed bankruptcy late last month.
Category: TRENDS ON THE U.S. ECONOMIC FRONT – Oct 21 2025
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IMF WARNS U.S. OVER BUDGET DEFICIT
The U.S.’s budget deficit remains the largest among the world’s richest nations even though tariffs are siphoning more of Americans’ income into the country’s treasury, the Financial Times reported.
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GROCERY PRICES ARE STILL RISING, PRESSURING CONSUMERS’ BUDGETS
During the 12 months ending 31 August, the retail price of coffee rose an average of 20.9 percent, according to U.S. Labor Department data. Ground beef was up 12.8 percent to a record average of $6.32 a pound.
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FEAR IS STALKING WALL STREET
As equity values continue to rise, U.S. stock markets are looking over their shoulders at a variety of factors they would rather not see.
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ECONOMIC UPDATE – MARKET OVERVIEW
As the old saying goes, what goes up must go down. And for Trends Journal subscribers, in my podcast last Thursday evening, when gold kept spiking and hit $4,284 per ounce, I had forecast that with gold prices rising sharply higher—at rates that were far faster than we anticipated—there would be a sharp correction in gold prices.
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HOW MUCH CAN THE AI BUBBLE STRETCH WITHOUT BURSTING?
Over the past 12 months, 10 startups in artificial intelligence (AI) have collectively gained about $1 trillion in market valuation.