by Thinker What is stupid? Not knowing how to read and write? – No! Not having a college degree? – No! Not being able to get good grades? – No! Stupid is believing everything you see in a news paper, magazine, or the programmed box called a television. How much has your box taught you … Read more
https://twitter.com/NorthmanTrader/status/918389272301973504 The $VIX’s corollary, the inverse $XIV, embarked on an explosive near one way journey since the US election coinciding with over $2 trillion central bank intervention in just the first 9 months of 2017… Tech rally stall? @TgMacro sees investor positioning in the sector at 18 months lows… pic.twitter.com/gxR7690jbc — Alastair (@StockBoardAsset) October 12, … Read more
Authored by Lance Roberts via RealInvestmentAdvice.com, During my morning reading, I ran across a couple of very interesting articles that tied a common theme relating to the current risks in the financial markets. Via Zerohedge: 88-year-old investing icon John “Jack” Bogle, founder of the Vanguard Group, said: “The valuations of stocks are, by my standards, … Read more
by Ruby Henley President Trump needs the support of Republican senators to pass key legislative items in the coming months. Upcoming measures include bills to raise the debt ceiling to avert default, fund the government to avoid a shutdown, and overhaul the American tax system. However, the out and out feud he has with Mitch … Read more
We will not be lied to! Quit lying to us! https://petitions.whitehouse.gov/petition/reinstate-smith-mundt-act H.R.5736 – Smith-Mundt Modernization Act of 2012 Smith-Mundt Modernization Act of 2012 – Amends the United States Information and Educational Exchange Act of 1948 to authorize the Secretary of State and the Broadcasting Board of Governors to provide for the preparation and dissemination of … Read more
By Michael Snyder The wildfires that are roaring through northern California are already “among the most destructive fire events in U.S. history”, and by the time it is all said and done this could be the worst wildfire season in the history of the state. So far, fires have scorched more than 250 square miles, … Read more
Is it 1987, 1937, 1929 ? — Alastair (@StockBoardAsset) October 11, 2017 It will be a crash like we’ve never seen before. This doom porn, the skeptics will say, is almost as old as Deep Throat(released in 1972). Markets crash from time to time, but they always bounce back. Central banks and governments come to … Read more
Has anyone even stopped to think about the financial impact on the US and its Banking Mortgage Industries, in addition the Insurance Industries? Well let’s talk about it, it could be the thing that financially causes the whole house of cards to come tumbling down. First, let’s talk about Harvey, whoa, quoting from an article … Read more
by Charles Hugh-Smith The quality, durability, utility and enjoyment-of-use of our products and services has been plummeting for years. One of the more mysterious aspects of the official inflation rate is the hedonic quality adjustments that the Bureau of Labor Statistics makes to the components of the Consumer Price Index (CPI). The basic idea is that when … Read more
Economist Michael Pento says even though the stock market has made huge gains in 2017, don’t expect this to continue. Pento contends, “Year-over-year growth for the third quarter (Q3) is just 2.9%. . . . So, you have no more earnings growth. It’s very miniscule. GDP (Gross Domestic Product) according to the New York Fed … Read more