Jim Rickards: About Black Fiday’s “Blowout” Numbers
Guest post by Byron King from the Daily Reckoning Blog: It’s official — good times are here again! Black Friday’s sales set a new record
Guest post by Byron King from the Daily Reckoning Blog: It’s official — good times are here again! Black Friday’s sales set a new record
The past decade’s historically low interest rates convinced millions of Americans to buy cars they could only afford with hyper-cheap credit. This made auto sales
The big retail chains are generally seen as pretty good barometers of the health of “the consumer.” And since — in today’s late-cycle debt-binge pseudo-capitalism
Among the many things that mystify economists these days, the biggest might be the lingering perception, despite six years of ostensible recovery, that the average
For all those analysts (including this one) who thought the debt binge of the previous decade marked end of the Age of Leverage, well, not
The following three stories would be funny if the picture they paint wasn’t so sad. First this: Second-Mortgage Misery Almost 40% of homeowners who took
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