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A lot of the talking heads on television seem to think that the threat of a recession has passed. So exactly why have these talking heads come to such a ridiculous conclusion? Well, they figure that if a recession hasn’t started by now we are probably in relatively good shape. In other words, they are speculating instead of conducting a hard analysis of the numbers. And the numbers are clearly telling us that economic conditions are rapidly getting worse. Of course the U.S. economy has been on shaky ground for quite some time. We had a recession in 2020, we had another recession in 2022 (although the Biden administration refused to officially acknowledge it), and now it appears that we are entering yet another one. In fact, if the Biden administration was giving us honest numbers, they would show that we are already in a recession right now. But it won’t be too long before things will be so bad that even the numbers given to us by the Biden administration will clearly show that we have entered a new recession.
It is just a matter of time.
There is one extremely important indicator that has been absolutely screaming that a recession is coming.
10-year bond yields have now been below 3-month bond yields for 212 trading days in a row, and such an inversion has “telegraphed the last eight recessions”….....more below
Russian Foreign Ministry spokeswoman Maria Zakharova earlier said that the treaty provides for various forms of bilateral cooperation.
The comprehensive strategic partnership agreement between Russia and Iran has entered into force, Iranian Ambassador to Russia Kazem Jalali told Sputnik.
"It is already binding," Jalali said when asked about the date of entry into force of the agreement, as well as whether Iran had notified Russia of the completion of internal procedures.
He recalled that the treaty was ratified by both chambers of the Russian parliament, and Russian President Vladimir Putin signed it. At the same time, the document was ratified by the Iranian parliament, approved by the Guardian Council, and the president issued it as a law.
"Therefore, in both countries it currently has the form of a law and, naturally, has entered into force," Jalali said.
On January 17, Putin and his Iranian counterpart, Masoud Pezeshkian, met in Moscow to sign the Comprehensive Strategic ...
Defying the United States threats, ministers from more than 30 nations have packed Bogotá’s San Carlos Palace to charge the Israeli regime with genocide over its October 2023-present brutal military assault against the Gaza Strip.
The dramatic display of international solidarity saw dozens of high-ranking officials from across the globe convene inside the stately palace on Tuesday, determined to hold the regime accountable for, what they unequivocally called, a “war of genocide.”
The two-day emergency summit, organized under the auspices of The Hague Group -- a coalition co-chaired by Colombia and South Africa -- had representatives, ranging from such countries as Algeria and Brazil to Pakistan and Spain, in attendance.
The participants described the drive as a coordinated effort to stop the Israeli atrocities.
Behind closed doors, ministers and envoys, meanwhile, engaged in intensive sessions aimed at drafting collective measures to pressure the regime -- steps expected to be unveiled by ...
