With Record Credit Card Debt, Is A New Recession Coming?

This article was originally published on the Motley Fool. Wallet Hub’s latest Credit Card Debt Study, based on Federal Reserve data, revealed that we’ve returned to our pre-recession bad habits with regards to credit cards: average debt is climbing faster than we are paying it off, meaning that we are on track to top $1 trillion… Please follow and like us:

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Filling UST Void Would Require Rates 120 BPs Higher Or Stocks 30% Lower: BAML

Bank of America Merrill Lynch is predicting an equity-rate convergence trade because of what it calls a trifecta of increasing U.S. treasury supply, declining demand and the need for pension and mutual funds to step up. At the heart of the bank’s call is increased Treasury supply over the next five years – anywhere between $3… Please follow and like us:

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The Hidden Legacy of Obamanomics: Fewer Self-Employed, Decreased Entrepreneurship

The Hidden Legacy of Obamanomics: Fewer Self-Employed, Entrepreneurs Ask virtually any leftist who’s been marching to “protect the weak and unheard” in the U.S. to define “fascism,” and he or she will likely wax poetic about racial hatred, nationalism, free speech, the subjugation of religious and sexual minorities, and other civil liberties that, in their eyes,… Please follow and like us:

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The Texas Bullion Depository: Restoring the Gold Standard

WASHINGTON, May 26, 2017 – On June 12th, 2015, the Texas legislature signed into law Bill Number 483, bringing to life the Texas Bullion Depository. The state of Texas owns about $660 million dollars worth of gold bullion that is currently housed in a vault in HSBC Bank in New York City. The recently passed bill… Please follow and like us:

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