The US Economy Slows as War Risks Rise

by Martin Armstrong The latest GDP numbers show that the U.S. economy slowed far more than expected as we closed out 2025. According to the revised data, Q4 GDP expanded at just a 0.7% annualized pace, sharply lower than the original 1.4% …

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Microsoft sitting on piles of Nvidia chips. explosive lawsuit alleges hidden risks, misleading statements, and secret financial stress tied to massive AI loans. They will tell you, “We never saw it coming.”

Lawsuits do not mean guilt, but they do mean someone thinks the books were dressed up while risk was buried. If AI demand slows or financing tightens, this kind of leverage does not unwind politely. They will tell you, "We …

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The US trade deficit just fell to $52.8 billion, down 35%, a win for tariffs on paper but a troubling sign that demand is weakening and recession risks are rising.

US trade deficit just hit $52.8B – lowest since June 2020 Down 35% from last year Experts said tariffs would destroy economy Trump, Bessent and Lutnick were right all along Lower imports mean weaker demand which means recession is coming …

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IBM’s CEO says trillions spent on AI data centers can’t pay off at today’s costs. The Bank of England warns AI is creating new financial risks in lending.

Arvind Krishna, CEO of IBM, has argued that the recent surge in spending by Big Tech on AI-data centers is economically unrealistic. On the “Decoder” podcast he estimated that building and fully outfitting a one-gigawatt AI data center costs about …

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Japanese 2 year note yields top 1% for the first time since 2008. Cramer hints at hidden stress inside hedge funds tied to Japan carry risks and crypto heat

JAPAN’S 2-YEAR YIELD HITS 1% FOR THE FIRST TIME SINCE 2008, AND THE YEN CARRY TRADE JUST CRUMBLED OVERNIGHT. Stocks and Bitcoin mass liquidations return. pic.twitter.com/Uf3vxIsoRy — Jesse Cohen (@JesseCohenInv) December 1, 2025 Japan’s bond market sent a clear signal …

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Regional banks control nearly 1/3 of US commercial mortgages, but hidden risks in CRE are 4X higher than reported. 08 is going to look bullish in comparison.

Regional banks now hold almost one-third of all U.S. commercial mortgages and a majority of non-owner-occupied CRE, and “latent distress” is about 4X larger than what current delinquency rates imply.🧵 CRE: ~ $4.8 T Consumer debt: $5.58T (auto: $1.66T, Student …

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Each day the AI boom looks more like 2008 again layered leverage hidden risks and a conveyor belt of money no one can trace…Goldman saying there isn’t a bubble yet

Everyone’s chasing the next Nvidia but Buffett’s old playbook might win again. Goldman: “Not a bubble, just a very expensive balloon tied to 5 companies and a prayer.”Translation—diversify before the pin shows up wearing a recession. — TradingPulse X (@TradingPulseX) …

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