the daily reckoning

The Perfect Storm

This post The Perfect Storm appeared first on Daily Reckoning. Any one of these storms would create enough uncertainty for investors to sell stocks, raise cash and move to the sidelines. The

Rickards: “Perfect Storm” Is Coming

This post Rickards: “Perfect Storm” Is Coming appeared first on Daily Reckoning. “Unfortunately, a political and market perfect storm is now on the way and may strike as early as Halloween 2019”...

A Tour of the Future

This post A Tour of the Future appeared first on Daily Reckoning. Recessionary warnings in all directions... Jerome Powell: “It's time to rethink long-run strategies”... Prepare for MMT and other

Wall Street and the New Cold War

This post Wall Street and the New Cold War appeared first on Daily Reckoning. Why China’s latest trade war weapon may fizzle... “Get set for slower growth and perhaps stagflation. It could be like the
Beware the “Adjusted” Yield Curve

Beware the “Adjusted” Yield Curve

This post Beware the “Adjusted” Yield Curve appeared first on Daily Reckoning. A revision to yesterday’s recession forecast, based upon the “adjusted” yield curve... Why the adjusted yield curve tells

Has Recession Already Started?

This post Has Recession Already Started? appeared first on Daily Reckoning. “U.S. recession probably started in the current quarter”... The bond market is giving its strongest warning since the

America’s True Patriots

This post America’s True Patriots appeared first on Daily Reckoning. Why the greatest British patriot was no true patriot... “Many Americans admire America for being strong, not for being American”...

Crypto Is Here to Stay. Bitcoin Isn’t

This post Crypto Is Here to Stay. Bitcoin Isn’t appeared first on Daily Reckoning. “Crypto has a bright future. But bitcoin doesn’t”... The post Crypto Is Here to Stay. Bitcoin Isn’t appeared first on

The Biggest Fraud in History

This post The Biggest Fraud in History appeared first on Daily Reckoning. And just like that, bitcoin is back... What is bitcoin’s intrinsic worth?... The post The Biggest Fraud in History appeared

Prepare for Trench Warfare

This post Prepare for Trench Warfare appeared first on Daily Reckoning. Markets rebound after yesterday’s bloodbath… “Trump’s escalation comes at an awkward time, but if push comes to shove, [China

Retaliation!

This post Retaliation! appeared first on Daily Reckoning. China picks the perfect time to retaliate in trade war... New U.S. tariffs on Chinese goods could take $490 from American households... The
The Trade War Is Back

The Trade War Is Back

This post The Trade War Is Back appeared first on Daily Reckoning. “This is a struggle for hegemony in the 21st century... The stock market is going to wake up to this reality. The currency wars and

To the Brink

This post To the Brink appeared first on Daily Reckoning. Trump drops trade war bombshell... “We know from experience that this could be one of Trump’s infamous negotiating tactics, but there is a

Central Banks Don’t Matter

This post Central Banks Don’t Matter appeared first on Daily Reckoning. “There is no money in monetary policy”... The Federal Reserve wants you to think it controls the monetary system, but it

The Fed’s Dangerous Inflation Game

This post The Fed’s Dangerous Inflation Game appeared first on Daily Reckoning. “We could see a struggle to get from two to three percent, but then a quick bounce to six, and then a jump to nine or

The Latest Government Myth

This post The Latest Government Myth appeared first on Daily Reckoning. The data that vastly inflated the Q1 GDP report... “First-quarter GDP is 3.2%, but the underlying data is much weaker and is

Investors Are Falling Into a False Sense of Security Again

This post Investors Are Falling Into a False Sense of Security Again appeared first on Daily Reckoning. “The world is overdue for another crisis based on market history. The trouble is, most investors

GDP: Fake News

This post GDP: Fake News appeared first on Daily Reckoning. First-quarter GDP: a real shocker... Could the economy already be falling into recession?... The post GDP: Fake News appeared first on Daily
The Fight For 2020 Has Begun

The Fight For 2020 Has Begun

This post The Fight For 2020 Has Begun appeared first on Daily Reckoning. “Essentially, the difference between no recession and a recession over the next 18 months is also the difference between

Will Trump Nominate Gold Standard Advocate to Fed?

This post Will Trump Nominate Gold Standard Advocate to Fed? appeared first on Daily Reckoning. Is Trump preparing to nominate a pro-gold standard economist to the Federal Reserve?... Goldman Sachs