U.S. Economy Is Turning Down Anew, Threatening Banking-System Stability,
Likely to Roil FOMC Policy, with Sharply-Negative Impact on the U.S. Dollar and
U.S. Equities, Spiking Inflation and Prices of Gold and Silver

Major Market Turmoil Increasingly Likely in the Near Future

Headline Economic Data in the Month Ahead Could Signal a
Day-of-Reckoning at Hand

Despite a Monthly Boost from Falling Gasoline Prices,
May 2017 Real Median Household Income Was Statistically Unchanged

Monthly New- and Existing-Home Sales Rose in May, Yet
Both Series Were on Track for Second-Quarter Contractions

May Existing-Homes Sales Down by 22.7% (-22.7%) and
New-Home Sales Down by 56.1% (-56.1%) from Pre-Recession Peaks