It’s pronounced “lee-duhl” – you’ll need to know that when a Lidl supermarket replaces your local grocery store.
Lidl is a German grocery chain that offers heavily discounted yet shockingly high-quality products.
“[Lidl] is going to be an interesting wake-up call for a lot of retailers,” George Faigen, of management consulting firm Oliver Wyman, said to Retail Dive on June 15.
“The question is not whether it will disrupt the American grocery industry, but to what degree.”
In an interview with GoldSeek on April 14, outspoken economist Peter Schiff issued a dire warning to investors.
According to Schiff, a new housing bubble, an overvalued stock market, and President Trump‘s proposed stimulus plan will send the U.S. into extreme panic at some point in the near future.
In fact, Schiff thinks these catalysts will combine to cause an “inflationary maelstrom” that will “wipe out entire generations of retirees” who have their nest eggs invested in the market.
Let’s take a look… Continue reading
The Chinese government has engineered a global stock market crash that could strike at almost any time, but at most is no more than a few years away.
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After all, we know the Chinese embrace long-term plans to manage their economy; they’ve used five-year plans since the 1950s. And we know China has spent years building up its gold reserves. Continue reading
U.S. markets logged their fifth straight week of gains last week, pushing the Dow and S&P 500 into positive territory for the first time in 2016. But despite those gains, the fears of a stock market crash are still very real.
In fact, Money Morning Capital Wave Strategist Shah Gilani says this rally reminds him of the one that preceded the 2008 stock market crash… Continue reading
On Monday, the Chinese yuan joined one of the most elite clubs on the planet: the International Monetary Fund’s Special Drawing Rights basket of reserve currencies.
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CURRENCY OLD WEIGHT NEW WEIGHT U.S. Dollar 41.90% 41.73% Euro 37.40% 30.93% Chinese Yuan – 10.92% Japanese Yen 9.40% 8.33% Pound Sterling 11.30% 8.09% *Source: IMF Continue reading
The bull market is about to end, says UBS’ Julian Emanuel.
For months we’ve been warning of a stock market crash.
Money Morning Capital Wave Strategist Shah Gilani – a former CBOE trader, co-creator of the VIX (“fear index”), and hedge fund manager – has seen a bear market just over the horizon since March 2014. Continue reading
Global Geopolitics 