CNBC | U.S. stock futures on Thursday morning pointed to declines at the day’s open even after President Donald Trump tried to assuage concerns over the coronavirus outbreak.
Charles Hugh Smith | The economic storm hasn’t passed; the false calm is only the eye of the financial hurricane.
Sputnik | The development comes as the World Health Organisation said the infectious disease has the potential to turn into a pandemic and urged the international community to do more to prepare for such a scenario.
Michael Snyder | We just witnessed the third largest single day point drop in U.S. stock market history, and experts are warning that things will only get worse if this coronavirus pandemic continues to escalate.
Information Liberation | Americans over the past 35 years have had their effective incomes dramatically eroded due to the surging costs of college, health insurance, housing and transportation.
Paul Joseph Watson | Infected victims jump from 3 to 165 in just a few days.
RT | Leadership chaos and the recent scandal in Thuringia – where the CDU sided with the tabooed AfD – led voters to punish the chancellor’s party in Germany’s second-largest city, its top-tier members and opponents believe.
CNBC | Italian stocks plunged in early trade Monday morning, as the euro zone’s third-largest economy grappled with the largest coronavirus outbreak outside of Asia.
Zero Hedge | US equity futures are accelerating their catch down to reality.
Breitbart | A White House Council of Economic Advisors (CEA) report released this week found that drug prices fell by more than 11 percent under President Donald Trump.
Sputnik | Sweden’s Riksbank central bank has announced plans for a test-basis rollout of the e-krona.
SchiffGold.com | In his most recent podcast, Peter Schiff talked about coronavirus and the impact that it is having on the markets.
RT | China’s GDP growth is expected to fall from six percent last year to 5.4 percent in 2020 due to the spread of the COVID-19 virus, said the latest report by Oxford Economics.
Mitch Nemeth | Socialist ideas have taken a hold on some of the more progressive members of the Democratic Party, namely Senator Bernie Sanders.
CNBC | China’s economic growth in the first quarter could fall to as low as 3.5%.
CNBC | German sportswear firm Adidas warned business activity in China has fallen dramatically in recent weeks, citing a material negative impact from the coronavirus outbreak.
Breitbart | Payment provider Mastercard announced this week that it is developing various technologies that will allow it to identify customers by their strides, heartbeat, and vein patterns.
Michael Snyder | If this coronavirus outbreak continues to intensify in the months ahead, the economic consequences are going to be absolutely catastrophic.
Mitchell Blatt | “When I’m at work, I realize cash is the dirtiest thing in the world.”
Zero Hedge | And as far as rumors of a vaccine, how long will that take?
Breitbart | The Swedish municipality of Filipstad is facing a financial crisis due to taking in too many migrants during the 2015 migrant crisis and is now looking to hike taxes by ten per cent to cover costs.
Daily Mail | ‘Our society is falling apart.’
The Last Refuge | Even before the Coronavirus surfaced in China there was lower manufacturing factory activity within the Chinese economy.
GnS Economics | The outbreak of the coronavirus epidemic in China has shaken the global asset markets—and with good reason.
Zero Hedge | Coronavirus is China’s new excuse for why they couldn’t meet hard targets in phase one trade deal.
Weasel Zippers | “We have just closed the 304th coal-fired power plant in this country. And yes, it deserves a round of applause, a lot of work.
GoldTelegraph.com | For anyone following the gold industry, a significant development that many in the finance industry may not be paying close attention to is the emergence of Judy Shelton within the Federal Reserve.
CNBC | Investors worldwide have been spooked by the rapid spread of the Chinese coronavirus, with stock markets around the globe sharply lower on Monday.
Daily Mail | Moderators tasked with ridding YouTube of harmful content are being made to sign waivers that acknowledge the job may give them Post Traumatic Stress Disorder.
Zero Hedge | Finally, somebody at Davos is talking about something other than the weather…
Michael Snyder | Today, close to half of all Americans are living on the edge financially.
Zero Hedge | Beyond Meat hit a session low of $119, last down about 7% in the last hour of the session, after CNBC reported Burger King slashed the price of the Impossible Whopper following declining sales.
Mike Shedlock | The Fed, ECB, Bank of England, and Bank of Japan have now embraced climate change as part of their mission.
Breitbart | Tim Cook, the CEO of tech giant Apple, has stated that a global overhaul of tax regulations is needed.
Sputnik | According to bank figures, gold reserves grew by 159 tonnes in 2019 to a total of 2,270.56 tonnes (73 million ounces).
Michael Snyder | Just like last time around, most people have tremendous faith in the system, and so they will be absolutely blindsided by the crisis that is coming.
Zero Hedge | How’s this for some New Years optimism?
Michael Sndyer | Stock prices have become completely divorced from economic reality, and this is setting us up for a major financial crisis.
The Mises Institute | When the US places financial sanctions one one country, it de facto sanctions many other countries as well — including many of its allies.
Mac Slavo | The robots are coming and once they do, they will take millions of jobs from human beings.
Zero Hedge | “It would mean collapse for Iraq.”
CNBC | Bitcoin has recorded its best start to the year since 2012.
Zero Hedge | The start of approximately 400,000 job losses in the German automotive industry is already underway as the industry shifts towards electric vehicles, reported the Financial Times.
Zero Hedge | The letter alleges that President Trump told guests at the Mar-A-Lago resort that military action was pending in the Middle East.
RT | The extremely rare, silvery-colored metal rhodium has extended its multi year growth, surging 32 percent so far this month and touching the highest mark since 2008.
Michael Snyder | Even our lowest paying jobs will be vanishing in enormous numbers.
Michael Snyder | Lost in all of the headlines about Iran and impeachment is the fact that the U.S. economic slowdown which began during the latter stages of last year appears to be accelerating.
The Mises Institute | Steps will simply be designed to acclimatize people to the idea of being “nudged” in the right direction before more radical measures are taken to use the UBI to shape their behaviour.
Zero Hedge | On a mountaintop a few miles north of the bustling streets of Harare, Zimbabwe, a curving, modern complex is beginning to take shape.
Zero Hedge | Morgan Stanley’s Managing Director of Research Michael Zezas warned on Monday that stock markets at all-time highs and a stable economy “does not guarantee a win for the president” in November.