by Tom McClellan Everyone has heard the old saying about “Sell in May and go away,” but history shows that the period of seasonal strength actually ends around August 1. But it is tougher to come up with a catchy rhyming phrase for that. The question for this year, with such a strong market, is whether … Read more
Several companies within the casino industry saw their shares on the Chinese Stock Market -the Hang Seng Index- fall in recent days and there’s high expectation of more volatility for prices. The industry, despite optimism not too long ago, is now expected to witness slow growth for a while. The rise and fall of any … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Sales volume crashes, prices plunge from April peak. In the Greater Toronto Area, sales of homes of all types in July plunged 40.4% compared to July last year to 5,921 transactions. By type: Detached houses -47.4% Semi-detached houses -38.6% Townhouses -36.5%: Condos -30.5%. At the same time, as sales volume was … Read more
by Pamela Williams I want to say never in a million years did I think I would ever see the United States treat our President in this disturbing way. I am worried President Trump may not live through his Presidency. I want to ask you to join me in laying a blanket of prayers over the … Read more
European banking system is getting worse and the central bankers are preparing for a collapse of the banking system. Core Logic is reporting the housing is overvalued, it is exactly what we saw in the 2008 crisis. Manufacturing last another 4000 jobs. Greenspan is worrying that its not the stock market bubble everyone should be … Read more
by tsukeisawa Yesterday wikileaks released an audio recording from Seymour Hersch where he confirmed that Seth Rich gave some confidential files from the DNC to Wikileaks. The left would like you to focus on the murder of Seth but that is not the main reason why this is relevant. The most important thing is that this … Read more
by Mark Angelides In what is surely an attempt by the Canadian state to make people fear the very idea of defending themselves and their families, a man has been charged with attempted murder after wrestling a gun from one of three armed home invaders and shooting one of them (non-life threatening injury). Why is … Read more
by Shaun Richards There is a saying that even a blind squirrel occasionally finds a nut. I am left wondering about this as I note that the former Chair of the US Federal Reserve Alan Greenspan has posted a warning about bond markets. From Bloomberg. Equity bears hunting for excess in the stock market might … Read more
by Dana Lyons One survey finds the lowest investor cash position since the stock market top in 2000. We used to post a lot of these scary secular charts pertaining to long-term market related concerns. These charts pointed to conditions that, sooner or later, are bound to come home to roost. We were especially active peddlers … Read more
by Michael Snyder Are you ready for the second coming of Speaker Pelosi? As a result of the recent Obamacare debacle, the American people are deeply frustrated with the Republicans in Congress. And having nowhere else to go, many voters are considering turning to the Democrats for answers. As you will see below, one recent survey found … Read more