Economy, Stocks

“…2/26/24 • KIRK ELLIOTT WARNS OF IMPENDING FINANCIAL CRISIS • INFOWARS”

Get ready for the crash. This is an opportunity of a lifetime. People who are positioned correctly will see immense profits. Those who are not ready will most likely suffer greatly.

Economy

“Israel’s Economy Contracts Nearly 20% After Outbreak of War”

“…Gross domestic product shrank an annualized 19.4% in the final three months of last year, in seasonally-adjusted terms, according to preliminary figures released on Monday. That was worse than every estimate in a Bloomberg survey of analysts, whose median forecast… Continue Reading…

Energy

“Diamondback agrees to $26 billion deal to buy Endeavor Energy in growing Permian push”

“Shale producer Diamondback Energy said on Monday it would buy the largest privately held oil and gas producer in the Permian Basin, Endeavor Energy Partners, in a cash-and-stock deal valued at about $26 billion, including debt. The combined company would be the… Continue Reading…

Economy

“The average tax refund is almost 29% lower this tax season, according to early IRS data”

“With tax season in full swing, the IRS has issued more than 2.6 million refunds worth about $3.65 billion, as of Feb. 2, the agency reported last week. So far, the average refund is $1,395, compared with $1,963 one year ago, which is… Continue Reading…

Economy

“Prices rose more than expected in January as inflation won’t go away”

“…The consumer price index, a broad-based measure of the prices shoppers face for goods and services across the economy, increased 0.3% for the month, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down… Continue Reading…

Economy

“Less Than Half of Americans “Very Satisfied” With Own Lives”

“For just the third time in more than two decades, less than half of Americans say they are “very satisfied” with the way things are going in their personal lives. The 47% of U.S. adults expressing high satisfaction with their… Continue Reading…

Economy

“Credit card debt hits a ‘staggering’ $1.13 trillion…”

“Americans now owe a collective $1.13 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. Credit card balances increased by $50 billion, or roughly 5%, in the fourth quarter of 2023,… Continue Reading…

Banking, Economy, Real Estate

“The Real Estate Crisis Looming Over Banks”

“…Fears are now rising among investors over the United States’ distressed commercial real estate sector. This comes as a crucial lifeline created during last year’s banking crisis is set to expire. N.Y.C.B.’s shares plunged as much as 15 percent in… Continue Reading…

Banking, Economy

“IMF expects a soft landing for the world economy in 2024”

“…The IMF estimates in its new World Economic Outlook report that the global economy will grow 3.1% this year, the same as in 2023, before rising modestly by 3.2% in 2025. The latest forecast is two-tenths of a percent higher… Continue Reading…