The automotive industry is more than the proverbial “canary in the coalmine” when it comes to the health of the global economy – it is, in fact, its center of gravity. And according to a particularly powerful voice on the world economic stage, it is the auto industry dragging down the global economy right now. […]

According to the folks at Gallup, it seems that Americans have a decidedly more favorable opinion of socialism than they did in the first half of the 20th century. Comparing their results with those of a survey conducted in 1942, Gallup found that 43% of those recently polled say that they “see socialism as a […]

The initial tariffs have gone “live,” and it’s possible, according to President Trump, they’ll eventually touch more than $500 billion of goods. So the move toward protracted, painful trade conflict is underway; this despite numerous public reassurances that the disagreements would all get worked out. Christopher Beddor, writing for Reuters, correctly points out it is […]

An article currently appearing over at IRIS, an online industry newsletter for financial professionals, is asking its audience if they’re ready for inflation, particularly in light of the highly protectionist trade posture now assumed by the Trump administration. They’ll know if they are, continues the piece, because they will have their clients in gold. The […]

The 1970s are coming back. So says financial analyst John Rubino in an article that appears over at ZeroHedge. Rubino makes a case suggesting there are “eerie and scary” similarities between the chronic economic and geopolitical upheaval of that decade, and that which is unfolding today. And that if you’re not prepared for the trouble, […]