Submitted by Lance Roberts via RealInvestmentAdvice.com,
Warning Signs Of A Recession
In late 2007, I was giving a presentation to a group of about 300 investors discussing the warning signs of an impending recessionary period in the economy. At that time, of course, it was near “blasphemy” to speak of such ills as there was “no recession in sight.”
In November 2014, just after OPEC officially died with the 2014 Thanksgiving massacre which was the first oil-crushing catalyst that has led to crude's relentless decline since Saudi Arabia officially broke off with the rest of the cartel, sending the black gold to a price of around $28 per barrel, we revealed who the first oil-exporting casualty of the crude carnage would be: the Latin American socialist paradise that is Venezuela.
Submitted by Simon Black via SovereignMan.com,
Chances are you’ve never heard of William White.
You might have heard of the organization that he used to manage—the Bank of International Settlements (BIS).
The BIS is often called the central bank of central banks; their role is essentially to facilitate international financial transactions among the world’s central banks.
So they are a major component in the international financial system, just like the IMF and World Bank.
There’s been no shortage of commentary from market heavyweights this week thanks to the World Economic Forum in Davos, but for anyone who hasn’t yet gotten their fill of billionaire talking heads, George Soros gave a sweeping interview to Bloomberg TV on Thursday, touching on everything from China to Fed policy to Vladimir Putin to Europe’s worsening refugee crisis.
http://www.bloomberg.com/api/embed/iframe
Jack Dorsey, thanks to the implosions in Twitter and Square stock, lost the illustrious 'three commas' billionaire title yesterday, proving, as ValueWalk's Clayton Browne reports, it's not been easy being a unicorn recently...
With the financial markets crashing, global consumers retrenching and competition heating up, quite a few so-called “unicorns” (high-flying, new economy tech firms) are likely to be facing difficult decisions in the coming months.