• 859 days Will The ECB Continue To Hike Rates?
  • 860 days Forbes: Aramco Remains Largest Company In The Middle East
  • 861 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,261 days Could Crypto Overtake Traditional Investment?
  • 1,266 days Americans Still Quitting Jobs At Record Pace
  • 1,268 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,271 days Is The Dollar Too Strong?
  • 1,271 days Big Tech Disappoints Investors on Earnings Calls
  • 1,272 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,274 days China Is Quietly Trying To Distance Itself From Russia
  • 1,274 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,278 days Crypto Investors Won Big In 2021
  • 1,278 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,279 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,281 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,282 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,285 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,286 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,286 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,288 days Are NFTs About To Take Over Gaming?
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  1. Home
  2. Markets
  3. Other

First Podcast! Bad Numbers On The Economic Horizon

Interest rates were finally increased after many years of threats/promises by the Fed. Economic numbers coming out of the Philadelphia Fed are decidedly negative and portend more economic weakness. Oil prices are going lower and there's stories of tankers full of the stuff not being able to find a will storage site. This is bad news for the oil patch, the banks and junk bond holders. The bond issuers will be defaulting en masse and this could lead to another banking crisis or a stock market collapse. Corporate profits were down 5% last year and could fall more this year. Combined with the imploding junk bond market there could be a major market collapse in early 2016. So keep your eyes open and be ready for the opportunities that will inevitably arise.

 

Back to homepage

Leave a comment

Leave a comment