Blogs

• Dennis Kneale "Recession...it is now over" 'Real data?' & 'Gut feeling?' 'Digital Dic...., 'Bloggers in mothers basement' (Video)
• 'Fell zero point nine percent?' (Chart 1)
• 'Fell zero point nine percent?' (Chart 2)
• June Economic Summary in Graphs
• California IOU Update
• REAL Jobless rate near Depression levels, Hyperinflation Coming: John Williams
• Hotel RevPAR off 20.5 Percent
• YoY Change in Jobs by Sector (Chart)
• More Intentional Misdirection (H/T Fujisan)
• Lowry’s Paul Desmond on a Substantial Correction (Video)
• The credit bubble: the gift that keeps on giving
• Personal Income (Chart, Chained (Adjusted) Dollars)
• Yuneec Electric Aircraft Makes First Flight (Video)
• Philly Fed State Conincident Indicators for May (1 state is green)
• ISM: Is this the mother of all inventory corrections? (Chart on page)

• 60,000 Deaths, and the Story of Dendreon (Chapter 1 of 15)
• Euro-Zone New Orders Plunge (Chart)
• The Cap and Tax Fiction
• Friday Massacre: (Week 18) Bank Seizures 41-45 ($1,004,000,000.00)
• Wave #2 (Chart of Alt A's and Option Arms Coming Due)
  
• Counterpoint to the 'Green Shoots' Spin
• More Americans picking up work on farms (H/T DPS)
• Why "Jobless Recovery" is an oxymoron (Chart Delinquency Rate)
• States brace for shutdowns
• Debasing the Currency is Leading to Financial Collapse . . . Just As It Has for Thousands of Years
• What currency are they purchasing commodities with? (Video, Soros)

• Keeps Getting Better All the Time (Video)
• Deficit forces California to issue IOUs
• China's banks are an accident waiting to happen to every one of us (H/T Fujisan)
• U.S. Home Prices Drop 6.8 Percent in April as Foreclosures Rise
• The Net Hubbert Curve: What Does It Mean? (H/T Suzie G)
• Alan Grayson Letter To Neil Barofsky Requesting Audit of Citi
• Queasing
• CRE and Residential RE Prices (Chart on page)
• US credit card chargeoffs break new record - Moody's
• Tales from Bailout Nation (Video)
• Will banks exiting TARP take back their toxic waste now?
• Large-scale lay-offs in the U.S. (lay-offs of 50 or greater at 1 time) hit highest level
• Peter Schiff, Your Record of Inacurate [CNBC] Predictions is Right (Video, H/T iDoctor)

The following is a free Martenson Report that is well worth reviewing.

The Six Stages of Awareness

A broad new awareness often results in a series of emotional responses that mimic the grief associated with loss. This report identifies what I call the Six Stages of Awareness (loosely modeled on the Five Stages of Grief).  You may find it useful to share this report with friends and family who are struggling with their feelings about our current and future economic outlook, Peak Oil, environmental issues, or any of the other issues that we routinely discuss here at ChrisMartenson.com. 

If you have already read this report, I strongly encourage you to read it again. It is a good reminder that everyone is naturally at their own stage in the journey. We all deserve the compassion and acceptance of others as we prepare ourselves for a different kind of future.  read more »

• New hope in war against deadly wheat fungus (H/T Fujisan)
• Fading of the Dollar's Dominance
• CRE: TTTIIIIIMMMMMBBBEEEERRR (Chart)
• FOMC (Output Gap and Inflation, Repost)
• In the Inflation Camp (Repost)
• Budget crisis forces deep cuts at Calif. schools
• Numbers on Welfare See Sharp Increase
• Exhausted Claims part II
• News from 1930
• FSN News Hour, 3rd Hour with Jim and John Part 3A and 3B
• "Zombie Bank"

• Fungus threat hangs over world wheat production (Repost)
• Appraise Local? (Video)
• Commodity Snapshot (Charts)
• Another Hotel Defaults on Mortgage Debt (Repost)
• Mass. is housing homeless in motels
• Fannie, Freddie asked to relax condo loan rules: report
• LEI, Leading Edge Indicators
• Buffett Opines on Green Shoots, Inflation, Apple Disclosure, and Bernanke
  
• Cap-and-Tax or Cap-and Create Another Bubble?
• The End of the Recession?
• The impending end of the bear market rally (Video on page)
• FSN New Hour, 3rd Hour with Jim and John Part 3A and 3B

Another post of interest from the In Session archives:

Oil is a tale of more and less.

Here's the more:

Saudi Arabia has started production from its giant Khurais oilfield, the largest ever single addition to global oil supplies, Saudi Aramco's top executive said in remarks broadcast on Wednesday.   read more »

• Fungus threat hangs over world wheat production
• SEVERELY Bearish Treasury Development
• Friday Night Special Massacre (1.04b, Week 18, 5 Banks This Week, 45 This Year)
• Mounting Jobless Claims Force States To Borrow Funds (H/T RidTheMonster)
• U.S. Stocks, Dollar Decline on China Calls for World Currency
• State cuts tax exemptions for kids
  
• Mass Layoff Events Continue Accelerating
• Brussels to review workings of 'dark pool' trading facilities
• Worries over systemic risk in CMBS sector
• California Foreclosure Prevention Act: Creating an Army of Lifetime Renters in California
• More retail sales (Chart)
• Seasonal Home Sales Trend (Chart)
• Want to Sell Your Home.... Reduce the Price (Charts)
• The Fed's Emails
• Beware of Zombies Wearing Lipstick

• Dylan Ratigan Asking the GOOD QUESTIONS..(Video)
• Downside skew
• CRE: "pretend and extend"
• Fear Factor (Chart)
• Swine flu 'could infect up to half the population'
• Joachim de Posada says, Don’t eat the marshmallow yet (TED Video)
• 16 Quick Lines That Explain Trend Following
• Executives Selling shares frantically. The Public will be the bag holders AGAIN!
• John Hodgman (I'm a PC) at Radio & TV Correspondents’ Dinner (Video)
  
• Risk Asset Rebound... Then Why are Insiders Selling
• The Worrying I in the C + I G + NX (Chart and link to Larry Summers study on page)
• Steve's Economic Forum - Two Beers with Steve (Podcast)