In the wee hours of 31 October, the U.S. Federal Reserve quietly passed $29.4 billion in fresh cash to the U.S. banking system through an expansion of overnight repurchase agreements (repos).
Tag: U.S. Economy
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ZOMBIE CORPORATIONS ARE WALKING THE LAND
The number of “zombie” companies—those whose operating income is too small to cover interest payments on their debts—has reached its highest since early 2022.
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PAY GROWTH SLOWS FOR AMERICAN WORKERS
Aside from a post-COVID spurt, real income for U.S. workers in their prime earning years ages 25 to 54 is growing at its slowest pace since the economy began to recover from the Great Recession more than a decade ago, the JPMorgan Chase Institute reported.
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ECONOMIC UPDATE – MARKET OVERVIEW
As we had forecast on 16 October, gold prices had for the time peaked and there would be at least a $500 correction. Today gold was trading at $4,006 per ounce but as we go to press spot gold is selling $3,935 per ounce.
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THE ECONOMY IS SLOWING / CONTRACTING AT AN EXTREME PACE (HERE IS THE PROOF)
It’s clear that the US economy is in trouble, that is obvious. What is more concerning to me, is the pace of the slowdown/contraction…
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SPOTLIGHT: AI OVERVIEW
PUBLISHER’S NOTE: As Trends Journal subscribers well know, on 28 January we had forecast Dot-com Bust 2.0., and on 5 February that was the illustration on the cover of our magazine. Despite our forecast, it was totally ignored by the mainstream business media. But now that reality of overinvestment in AI can no longer be ignored. Indeed, this......
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SPOTLIGHT: BIGS GETTING BIGGER
Private equity heavyweights Blackstone and TPG have partnered to buy Hologic, which develops technologies to diagnose and treat health conditions. It specializes in women’s medical concerns.
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U.S. CATTLE RANCHERS HAVE A BEEF WITH DONALD TRUMP
U.S. beef prices are setting records due to shrinking beef herds amid steady consumer demand.
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U.S. EXISTING HOME SALES EDGED HIGHER IN SEPTEMBER
In September, sales of existing U.S. homes rose 1.5 percent from August to 4.06 million units, the most since February, the National Association of Realtors reported.
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EUROPEAN RATINGS AGENCY DOWNGRADES U.S. CREDIT
Scope, a major European rating agency, reduced the U.S.’s creditworthiness by one notch last week, pointing to the continued deterioration in fiscal conditions and a growing inability to govern.