So here is the deal, what is going on in the equity markets has nothing to do with the lives of the plantation workers of Slavelandia. The game is rigged by the Robber Barons who control America’s economy... from top to bottom.
Tag: U.S. economy
SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
TOP TREND 2024: BANKS GO BUST
Despite a strong economy, several major banks muted their earnings forecast for this year, citing the need to pay higher interest on customers’ deposits.
ECONOMIC UPDATE – MARKET OVERVIEW
Here is the hard fact. No one in the world, other than The Trends Journal, had forecast that a Top Trend of 2024 would be a “GOLDEN YEAR FOR GOLD.”
FUND COMPANIES MAY HAVE OVERSTEPPED IN BANK INVESTMENTS, REGULATORS SAY
Asset managers BlackRock, State Street, and Vanguard are being investigated to determine if they have stuck to their roles as passive investors in several U.S. banks.
U.S. TRADE DEFICIT WIDENS AGAIN IN FEBRUARY
The U.S. trade deficit widened by 1.9 percent in February to $68.9 billion, deepening by 1.9 percent from January and expanding for the third consecutive month.
MEGABANKS LIED TO SECURITIES INVESTORS
Several large U.S. banks overstated the income streams of commercial mortgage-backed securities when they were sold to investors, according to a forensic study by two business school professors.
IN 22 STATES, YOU GOT TO BE RICH TO BUY A HOUSE
In 22 states and Washington D.C., potential home buyers need a six-figure income to afford a median-priced home, Bankrate.com has calculated.
U.S. DEBT OUTLOOK WORSE THAN OFFICIALS ADMIT
In its latest forecast, the U.S. Congressional Budget Office (CBO) sees the federal government’s debt rising from 97 percent of GDP in the last fiscal year to 116 percent by 2034, higher than during World War II.
TOP TREND 2024, A GOLDEN YEAR FOR GOLD: GOLD SETS ANOTHER RECORD
Gold’s price rose another 1.61 percent on 5 April to trade at $2,325.70, giving a 12.77-percent gain so far this year.