In numerous recent articles, I have stated that there are a growing number of signs that the U.S. consumer may be reaching a breaking point. When we consider that consumer spending currently comprises approximately 70% of the American gross domestic product, that could be a very big problem for the economy. This is particularly true…
Month: March 2023
Solar Power: Not A Cheap Source Of Energy
A few weeks ago, Zero Hedge published a rather insightful article written by Isaac Orr at RealClearPolicy.com. While that site is reviled among some commentators in the broader media, fact-checkers and media bias sites do rank it fairly respectably: With that said, I personally have no particular bias as I limit my analysis to economics…
The Impact Of Silicon Valley Bank On The Market
For the past few days, I have been having flashbacks to 2008. I was certainly not as knowledgeable about the capital markets then, but I still recall the concern that I felt when Lehman Brothers collapsed. As the Federal Reserve began to slash interest rates and the Troubled Asset Relief Program was implemented to bail…
Further Evidence Mounts That Casts Doubt On Employment Strength
Earlier this week, we published an article that expressed some concerns about the official narratives of a strong employment market. Most notably, we mentioned the large layoffs that have been occurring in the technology sector, among others. This is rather important because the technology sector was by far the biggest source of strength in the…
The Jobs Data Continues To Get Worse
A few weeks ago, I published an article on TalkMarkets that showed how the jobs market appears to be worse than what the media and the Federal Government are leading people to believe. We saw further evidence of that earlier today as Meta Platforms (META), which owns Facebook, Instagram, WhatsApp, and various other popular social…
No, The U.S. Market Is Not Cheap
There has been a lot of talk in various media sources lately that describe the U.S. market as cheap. This is likely due to the fact that the market has fallen fairly significantly from its bubble levels over the past year. Over the past twelve months, the S&P 500 (NYSE: SPY) has fallen 7.23%: The…