Authored by Adam Taggart via PeakProsperity.com,
The idea of an 'industrial economy' is an extremely recent human invention. And we’ve staked quite a lot on its continuation.
But it faces a massive predicament: It’s running out of resources.
Submitted by Shant Movsesian and Rajan Dhall MSTA from fxdaily.co.uk
Onto one of the main events this week, after the FOMC passed without a flutter and the BoE meet Thursday morning to deliver what many anticipate will be a 25bp hike to reverse the emergency move last summer. As such, many are pondering whether this intended move - signalled pretty insistently in the prior 2 meetings - is a mere readjustment of the knee-jerk move last summer or whether this is the start of a tightening cycle.
Authored by Daisy Luther via The Organic Prepper blog,
If you know something is going to upset you, why would you deliberately put yourself in a situation in which you will be angered, saddened, or hurt? There’s no other answer except that you actually want to be offended.
After GM's stock surged over 35% in the past two months, Goldman finally decided they had seen enough this morning and downgraded the stock to sell with a $32 price target.
On October 11, we reported that the now defunct Sears Canada announced plans to liquidate its remaining 150 stores instead of restructuring, the latest admission of brick and mortar defeat in the war with Amazon, with the result some 12,000 job losses in the coming weeks. The Canadian version of Sears is the latest victim of department-store decline that’s swept North America as shoppers gravitate online. While the retailer has dabbled in pop-up stores and e-commerce, its distribution centers aren’t as automated as Amazon.com Inc.