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Source: Bloomberg An encouraging revelation is now underway in southern Ireland: they are admitting the mistakes made in their housing bubble and finally getting to work clearing out the debris. I am reminded of similar steps taken in Las Vegas … Continue reading →

Danielle was a guest today on Talk Digital Network with Phil Mackesy discussing recent trends in the world economy and markets. You can listen to an audio link here.

Economic data this morning all confirming the thesis of incoming recession in the US: US initial jobless claims for the week came in at 386K, which is 21K higher than expected and last week’s 350K was upward revised up 352K … Continue reading →