Snyder: It’s Much Worse Than You Are Being Told

By StevieRay Hansen | May 12, 2020

For a long time I warned that our economic bubble would burst and that we would plunge into…

Loading

Read More

BoE Warns Of Worst Economic Slump In 300 Years

By StevieRay Hansen | May 7, 2020

The Bank of England’s Monetary Policy Committee (MPC) “voted unanimously” to keep the banking rate at 0.1% and left its bond-buying program…

Loading

Read More

Brace For A Monday Massacre: Buffett Liquidates All Airline Holdings As Berkshire Sees Another Leg Lower

By StevieRay Hansen | May 4, 2020

Well, it’s official: there won’t be any “Buy American” op-eds by the Oracle of Omaha this time around.…

Loading

Read More

“We Are Moving Into The End-Game”: 27 Tankers Anchored Off California, Hundreds Off Singapore As Oil Industry Shuts Down

By StevieRay Hansen | April 27, 2020

Back in the late fall of 2014, when Saudi Arabia broke up OPEC for the first time and…

Loading

Read More

Front-Month WTI Crude Crashes Below Zero For First Time Ever

By StevieRay Hansen | April 21, 2020

Over the last several decades, have we ever seen a year start as strangely as 2020 has? Global…

Loading

Read More

We’re Not Going Back To ‘Normal’…

By StevieRay Hansen | April 18, 2020

Turn the key and the economy will restart. That’s a myth a lot of people in the mainstream…

Loading

Read More

JPMorgan Profit Plunges To 7 Year Low On $6.8 Billion In Loan Loss Reserves As Dimon Warns Of “Severe Recession”

By StevieRay Hansen | April 14, 2020

And so the worst quarterly earnings season since the financial crisis (at least until the catastrophic Q2 earnings)…

Loading

Read More

Guggenheim Warns Of Coming Emerging Market Apocalypse: “Pandemic Will Be Followed By Food Shortages, Social Unrest”

By StevieRay Hansen | April 14, 2020

Global capital markets are not pricing in the growing likelihood that defaults by large corporate borrowers in emerging…

Loading

Read More

Small Business Guarantees Are A Bucket Of Moral BS Fraud

By StevieRay Hansen | April 10, 2020

The coronavirus Small Business Relief program is a bucket of first come first serve moral fraud. The New…

Loading

Read More

Michael ‘Big Short’ Burry Blasts “Unjustifiable” Lockdowns As “Most Devastating Economic Force In History”

By StevieRay Hansen | April 7, 2020

Infamous for his painful but ultimately profitable “big short” bet against mortgage-backed securities during the 2008 financial crisis,…

Loading

Read More