Yesterday Virgin Galactic went live on the NYSE to start off the new week and once again solidify Richard Branson and his iconic brands in stone as he did his typical stunt showing up wearing a space suit to talk to media. Below is the tweet… Virgin Galactic is the first “space race 2.0” company
I want to give you some basic ways you can make money off this potential 2020 recession, now as it sits Q3 really solidified the chances of a Q2-Q3 2020 recession and so I suggest you plan for it-well actually I suggested you start to plan for it in Q1 of 2019 but if you
According to NY FED over 7 million people are already 90 days or more delinquent on their car loans, the fastest acceleration being borrowers with the lowest credit scores- no big surprise there, they are already struggling to pay on time. Around 8% of loans originated by lower-score buyers with a credit score below 620
Last week we heard about this phase one of the trade deal going well, we had both Trump and Secretary of Treasury Mnuchin confirm it as well as China confirm that China agreed to buy up to $50 billion of US farm products annually during trade talks last week. Right after that China booked at
We have come a long way since yield curve inversions a few months ago, as the Q3 numbers were put out a few weeks ago now make the picture clear, the US economy slowdown continues. Empire has been covering this daily with our Empire Alert free email, if you aren’t already on that list, you
I didn’t want to write a whole long article about whats going on with auto sales and auto loans but there is so many visuals to share and it really is interesting and kinda tragic what is happening. This like the inverted yield curve is another 2020 recession indicator. It seems things went from still
We wrote about this JPMorgan metals manipulation case that the DOJ is handling this am in our daily email, now that have had the chance to read through the Indictment, it would appear that this is getting bigger and better by the day. As of right now there have been 12 people charged and the
Well today was the day many of us were waiting for, its further confirmation that US economic conditions aren’t looking good. Don’t worry, will give you everything you need to know in this quick release! Be sure to check out our list of hidden recession indicators. The FED cut rates by quarter point (25bps) today
This isn’t going to be our typical style of article, this one is in response to a black swan event that happened over the weekend and deeply affected markets today and will continue to over the weeks to come. Overnight the Aramco Saudi oil fields were attacked by a combination of drones and missiles with
The conversation of “Global reserve currency” is a tough one, same as all this talk about recessions, no one likes this, no one likes to think about losing, or fearing for the future and even though most already do that anyways, when its big and blown up in your face seems worse, I think most
Here at Empire we have been tracking many domestic and global indicators that we feel affect the odds of a recession, many of these are unknown to the general public and if they know about them they don’t fully understand how this all fits together. We must go beyond the traditional GDP numbers, PE ratios,
The sad reality is that most of what we are taught about savings and how compound interest works is completely wrong, now I am all for saving money and having it work for you so lets break some of this down. There are a few popular savings models lets call them out there, I even
The first question you probably have is what the heck the Big Short Portfolio and why should I care right? Michael Burry is the guy portrayed by Christian Bale in the movie called The Big Short, its a movie about one of the few documented guys who correctly called the 2009 financial crisis, in fact
This is a topic that I wanted to write about for a long time, I have teased a bit of this information out into the private community and sprinkled it in some of the daily emails, but now is time to break the whole thing down for you. This will be part of a new
The best part of any story is the journey, the heros journey which we all have our own story to tell and I love that so many of you have joined our community and this mission we are on to free ourselves from horrible investing and finance habits while we prepare for this next great
In the game of macro economics and personal finance, everyone needs an edge, and there are a few families, companies, names that you can leverage as different indicators of how a stock, market or even macro economy is performing. These are families, people and companies that made countries, created banking policy and help run the
