Road to Depression

Markets are back at panic levels!

on . Posted in Road to Depression

NEW YORK (PNN) - October 2, 2015 - If it feels like you’re reliving the market jitters of the Great Recession and eurozone crisis, it’s probably because you are.

During this week, global risk appetite dropped to “panic” levels for the first time since January 2012, according to Credit Suisse’s Global Risk Appetite Index. That was back when investors feared a breakup of the euro bloc, grappled with unsustainably high sovereign borrowing costs and freaking out about the spillover from Greece.

Baltic Dry Index careens to fresh record low!

on . Posted in Road to Depression

NEW YORK (PNN) - January 7, 2015 - Another day, another fresh all-time record low in The Baltic Dry Index as Deutsche Bank's "perfect storm" appears ever closer on the horizon. Plunging 4.7% overnight to 445 points, this is 20% lower than the previous record low in 1986 and as one strategist warns, "It’s a brutal start of the year; there’s just nowhere to hide on the market."

Ailing global economy starts to weigh on FPSA job market!

on . Posted in Road to Depression

NEW YORK (PNN) - October 2, 2015 - A sagging global economy has finally caught up with the Fascist Police States of Amerika.

Nervous employers pulled back on hiring in August and September as China's economy slowed, global markets sank, and foreigners bought fewer FPSA goods. Friday's monthly jobs report from the FPSA government suggested that the FPSA economy may be weakening.

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