Auto Added by WPeMatico

Historic Yield Curve Inversion Reaches 656 Days, Echoing Pre-Stock Market Crash Patterns

Based on the latest data, the yield curve of the U.S. Treasury, which charts the yields for two-year and ten-year bonds, has remained inverted for a total of 656 days.…

Continue ReadingHistoric Yield Curve Inversion Reaches 656 Days, Echoing Pre-Stock Market Crash Patterns

Peter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’

The economist and gold bug Peter Schiff usually has a lot to say, and this past week Schiff explained during an interview that he believes the U.S. will face a…

Continue ReadingPeter Schiff Warns US Faces a ‘Massive Financial Crisis,’ Economist Expects Much Larger Problems Than 2008 ‘When the Defaults Start’

Credibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits

According to a Gallop poll published on May 2, the public’s confidence in America’s current economic leaders has been deteriorating. Confidence in U.S. president Joe Biden managing the U.S. economy…

Continue ReadingCredibility Concerns — Gallop Poll Shows Fed Chair’s Confidence Ratings Slid by Double Digits