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Consumer Credit Declines an Amazing $68.7 Billion
June 5, 2020 Off

Consumer Credit Declines an Amazing $68.7 Billion

By Mish

A Bloomberg chart shows consumer credit is down month-over-month by the largest amout ever.

Decline in Mortgage Forbearance Plans But Payments Drop Too
June 5, 2020 Off

Decline in Mortgage Forbearance Plans But Payments Drop Too

By Mish

This week brought the first net decline in active forbearance plans since the crisis began. But mortgage payments declines as…

Surprise: The BLS Admits Another Phony Jobs Report
June 5, 2020 Off

Surprise: The BLS Admits Another Phony Jobs Report

By Mish

Jobs unexpectedly soared this month and the unemployment rate took a big dip. But the BLS admitted another error.

Retired Marine General Latest to Admonish Trump
June 5, 2020 Off

Retired Marine General Latest to Admonish Trump

By Mish

The number of high-ranking ex-military members blasting Trump has grown every day. Add a Marine general to the list.

There’s Something Weird About Cuomo Asking Protesters to Get COVID Tests
June 4, 2020 Off

There’s Something Weird About Cuomo Asking Protesters to Get COVID Tests

By Katie Way

What do you get when you combine widespread civil uprising against police brutality, an intense economic crisis that has left…

Expect Covid-19 to Return in the Fall in a Big Way
June 4, 2020 Off

Expect Covid-19 to Return in the Fall in a Big Way

By Mish

A look at what’s happening in the Southern Hemisphere suggests something that no one wants to hear.

Louisville Still Has a Lot of Questions About David McAtee’s Death
June 4, 2020 Off

Louisville Still Has a Lot of Questions About David McAtee’s Death

By Roberto Ferdman

LOUISVILLE, Kentucky — As protests over police brutality continue in the area, West Louisville is grieving the loss of David…

Are the Boogaloo Bois a National Security Threat? New York Democrat Wants DHS to Investigate.
June 4, 2020 Off

Are the Boogaloo Bois a National Security Threat? New York Democrat Wants DHS to Investigate.

By Tess Owen

The Boogaloo Bois are bringing Hawaiian shirts, AR-15s — and now, apparently, explosives — to anti-racism protests across the country.…

Forget Xanax. This Company Wants You to Take a Large Dose of LSD.
June 4, 2020 Off

Forget Xanax. This Company Wants You to Take a Large Dose of LSD.

By Brooke Sweeney

If you want to get a feel for the level of anxiety in America right now, look no further than…

Continued Unemployment Claims Rise to 21.5 Million
June 4, 2020 Off

Continued Unemployment Claims Rise to 21.5 Million

By Mish

After turning lower last week, continued unemployment claims took a turn for the worse again this week.

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