US Grows Only 1.5% In Q2, Badly Missing Estimates, Despite Strong Spending, Investment

The Great Migration: What The Dow-To-Gold Ratio Is Telling Us Authored by Bryan Lutz, Editor at Dollarcollapse.com, It takes about 13 ounces of gold to buy the Dow Jones Industrial Average. The Dow-to-gold ratio prices the entire American stock market. And it does it in the one currency no central bank can print. Over the past century, it tells the same story. It measures when the US stock market is overvalued… when it’s promising too much. And there are a lot of promises that don’t look as good as they should these days. A...

Diarrhea-Gate: One Sinaloa Farm, 345 Sick, And Two Restaurant Chains Down Double Digits The FDA has finished tracing a multistate outbreak of Salmonella Javiana back to its source - a single grower in Sinaloa, Mexico, which entered the U.S. through Coast Citrus Distributors, a California importer that supplies restaurant customers. In this file photo, a shopper checks the firmness of a fresh jalapeño pepper at a produce stand in Jackson, Miss., on Wednesday, July 15, 2015. (AP Photo/Rogelio V. Solis) The agency asked Coast Citrus to recall the product. The company says has...

The Consumer Sentiment Disconnect From Economic Reality Authored by Lance Roberts via RealInvestmentAdvice.com, The University of Michigan’s Consumer Sentiment Index just printed 44.8 in May. That’s the worst reading since the survey began in 1952. That print was lower than in 2008 and the 1980 inflation panic. It was also worse than the COVID lockdowns, yet the S&P 500 continues to climb higher, Q1 corporate earnings posted 27% growth, and weekly jobless claims sit near cycle lows. That “disconnect” has sparked many statements on social media, such as: “GDP is growing at a healthy...