Average New Car Payment Hits Record High Of $545 Per Month
Americans are now paying a fresh record-high payments for both new and used cars while getting bigger loans to make it happen. Here are the details…
Continue readingsubprime
Corporate Debt Flashes Warning Signs Similar To The Sub-prime Mortgage Crisis
The corporate debt crisis is poised to cause a similar US recession to the one we saw because of the sub-prime crisis. Here’s why…
Continue readingThe Cat Is Out Of The Bag: NEW HOME SALES COLLAPSE
The carefully crafted narrative of an economic recovery we’ve been spoon fed for years is falling apart. Here’s the latest example with new home sales…
Continue readingHarvard Trained Economist: The Next Global Financial Crisis Is Starting
Harry Dent has spotted a divergence, warning us that something is wrong, and the next crash is clearly in motion. Here is what Harry sees…
Continue readingWARNING: The Everything Bubble Is In SERIOUS TROUBLE
We may have been warning repeatedly over the last few months, but what happened last week takes it to a whole new level. Here’s why…
Continue readingWhen The NY Post Starts Talking About Economic Collapse, It’s Time To Pay Attention
What is generally a Rupert Murdoch owned ‘celebrity gossip’ type of tabloid is now talking about the next crash in the economy. Here’s what they are saying…
Continue readingFund Manager Asks: Will The Housing Market Fall This Fall?
Dave Kranzler says buy that house now if you must, but wait 6-12 months, and home prices will be lower for an even better home. Here’s why…
Continue readingEven Mortgage Lenders Are Repeating Their 2006 Mistakes
You’d think the previous decade’s housing bust would still be fresh in the minds of mortgage lenders, if no one else. But apparently not…
Continue readingFund Manager: Bad News For The Housing Market Keeps Piling Up
Dave Kranzler has an update on the state of the housing market. It’s not good news, and the news just keeps getting worse. Here are the details…
Continue readingGold Should Be Performing Better (But It Might Not Until The Fed Does This First)
With all the fundamentals lined up, gold should be bid right now, but investors might not hit the bid until this happens first…
Continue readingWash, Rinse, Repeat: The Big Short Mortgages Are Back | Fund Manager
The banks and mortgage lenders are back to the same old tricks, and Dave Kranzler explains what it means for the housing market…
Continue readingFund Manager: Looking Past The Propaganda To The Real Data Shows The Economy Hit A Wall
Dave Kranzler cuts through the latest propaganda to show that the economy is melting down. Here’s the details…
Continue readingGold And The Commodities Are At A Turning Point In The Markets
“Sooner or later the gold price will react to higher inflationary pressures, but near term, the price is focused on next week’s FOMC.” Here’s an update…
Continue readingFund Manager Outraged: Getting Rich On Taxpayer-Backed Subprime Mortgages
Dave Kranzler explains why until the housing market crashes yet again, it’s all massive profits for subprime lenders on the taxpayer’s-backed dime…
Continue readingFund Manager: Sparks Fly Toward The Debt Powder Keg
Dave Kranzler says, “the narrative that the economy continues to improve is a myth, if not intentional mendacious propaganda”. Here’s why…
Continue readingFund Manager: Subprime Mortgages Are Back Just Like A Dog Returns To Its Vomit
Dave Kranzler says “mortgages now offered by the Federal Government are beginning to look and smell like the same sub-prime sewage that…”
Continue readingThe Death Of The Great Recovery And The Second Coming Of The Carmageddon
Last year’s hurricanes and wildfires caused a temporary bump in sales, but 2017 still ended down, and the worst is yet to come. Here’s why…
Continue readingFund Manager: Subprime Mortgages Have Come Roaring Back
Dave Kranzler says this time, however, these mortgages are sponsored by the government and guaranteed by U.S. taxpayers. Here’s the details…
Continue reading‘Non-QM’ (Non-Qualified Mortgage): Banker Lingo That Says Subprime Is Back In A Big Way
“You’d think that the entire financius dumbassus species would have learned from this experience. But you would be wrong.” Here’s why…
Continue readingFund Manager: Subprime Credit Card And Auto Loans Are In Excess Of The Subprime Housing Crisis
Dave Kranzler says that the sub-prime auto loan Armageddon that’s coming is going to be worse than the 2008 crisis. Here’s why.
Continue reading