The biggest bull market ever — yet disaster looms for millions of retirees- Market Watch--7.18.19
The stock market is in its biggest bull market ever, but this period of wealth has bypassed tens of millions of older Americans because the wealthiest 10% of households own 84% of all stocks.
US preparing to send hundreds of troops to Saudi Arabia amid Iran tensions- CNN--7.18.19
The Trump administration is preparing to send hundreds of troops to Saudi Arabia amid increasing tensions with Iran. The Trump administration has said it is committed to trying to help protect Saudi Arabia against Iranian aggression.
3 reasons to fear America's massive $70 trillion debt pile- CNN Business--7.17.19
America's debt load is about to hit a record. The U.S. remains one of the most attractive places to invest, but if the economy slows, the U.S. will have to rely on investors to buy its bonds.
Foreigners Dump US Treasurys, Liquidate A Record $216 Billion In US Stocks In 13 Consecutive Months- Zero Hedge--7.16.19
China is continuing to sell U.S. Treasurys for the third straight month. Despite the occasional purchaser, foreign official institutions have seen their holdings of U.S. Treasurys slide by another $22 billion.
"It’s Time To Say Goodbye To The Rally In Everything"- Zero Hedge--7.15.19
The "rally in everything" inspired by the dovish Federal Reserve is likely coming to an end as Fed Chair Jerome Powell put the central bank on a path toward cutting interest rates.
Swedes are getting implants in their hands to replace cash, credit cards - NY Post--7.14.19
Thousands of people in Sweden are having microchips implanted into their skin to carry out everyday activities and replace credit cards and cash.
Treasury could run out of cash in early September, urges Congress to raise debt ceiling before recess- CNBC-- 7.12.19
The Treasury Department could run out of cash in as soon as two months and has asked Congress to increase the debt ceiling before lawmakers leave for a six-week recess.
The Fed is trapped by the Debt Zombie Apocalypse - Market Watch--7.12.19
Its not just corporations that need cheap and east money, individuals need it too. They can't exist without debt and the economy can't live without them which is why the Federal Reserve is going to have to cut interest rates.
Investors are fleeing stocks. So why is the market still rising?- The Week--7.10.19
Despite a bull market, investors have actually took over $140 billion out of equity funds so far this year and placing their money into low-risk, low-yield government bonds and money market funds instead.
1 Federal Department Now Spending $100 Billion Per Month- CNS News--7.10.19
For the first time in history, there is a federal department that is spending more than $100 billion per month. The Department of Health and Human Services, which runs Medicare and Medicaid, spent $146,552,000,000 in May alone.
Weaker growth will offset a Fed rate cut—so sell stocks, warns Morgan Stanley- Market Watch--7.8.19
According to Morgan Stanley, a rate cut is happening and they plan on downgrading global equities as they expect poor returns.
Trump says US should start manipulating the dollar- AP--7.3.19
President Donald Trump accused China and Europe of playing a "big currency manipulation game" and said the U.S. should match that effort. A country manipulates its currency when it drives down the value to make its exports cheaper and foreign imports more expensive.
U.S.-China trade agreement takes little pressure off Fed to cut rates- Reuters--7.1.19
A ceasefire in the U.S.-China trade war isn't doing much to relieve pressure on the Federal Reserve to stimulate the economy. Negotiations between China and the U.S. went well, but the Fed must still face a slowing global economy.
Corporate debt could be the next sub-prime crisis, warns banking body- The Guardian--6.30.19
Corporate borrowing is dangerous for the global financial system and the worst offenders are the U.S. and the U.K., according to the Bank for International Settlements.
Financial worries keep most Americans up at night- BNN Bloomberg--6.28.19
More than half of Americans stress and loose sleep because of money issues, according to a new survey. According to the survey, Gen X (aged 39-54) lost the most sleep at 58 percent.
Here’s how many Americans have nothing saved for retirement- CNBC--6.28.19
Americans as a whole aren't saving enough for retirement and an alarming number of people have nothing saved. Both younger and older generations are guilty of not saving enough.
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