The Evidence for the Greatest Top in History Over the last year US stocks have been rallying with greater and greater persistence and historic low volatility. This has been from already extremely high valuations. US stocks may be making a blow-off top and therefor could crash soon. Today’s financial environment is not exactly normal. We … Read more
by Kimble Charting Banks started showing cracks back in 2007 and before long they started breaking support and fell hard. The current bank trend remains UP at this time. The trend finds itself back at 2007 highs, where bulls would NOT want to see selling pressure start taking place! Below looks at the Banks Index (BKX) over the past 15 … Read more
by Chris Black Dow took a dive on Tuesday, plunging 400 points, thus marking its biggest point drop since 2016, when it fell 610 points in June. Due to investors’ fears of higher than expected inflation, the 10 year Treasury yield traded near levels not since since 2014. On Tuesday, the S&P 500 fell 1.2%, … Read more
by Jim Willie CB Many are the metaphors used to describe the agent that initiates a major crisis. Light the fuse, or pull the trigger, pull the rug out from under the room, or pull on the string for unraveling the sweater, these are commonly heard. What comes soon is the Bonfire of the Vanities, … Read more
https://www.youtube.com/watch?v=8kp35tb_vuE FOX NEWS January 30th 2018 America First Action spokesperson Katrina Pierson on the House Intelligence Committee voting to release the controversial four-page memo allegedly detailing surveillance abuses and FBI Deputy Director Andrew McCabe’s decision to step down.
Intel warned Chinese firms about its infamous Meltdown and Spectre processor vulnerabilities before informing the US government, it has emerged. Select big customers – including Lenovo and Alibaba – learned of the design blunders some time before Uncle Sam and smaller cloud computing suppliers, The Wall Street Journal reports, citing unnamed people familiar with the matter and … Read more
https://youtu.be/Xzw7098V78I McCabe was removed by the guy who was going to quit if Trump fired McCabe. Classic.
If they are “crumbs” then she should be fighting to get us something more substantial. But that’s not what she did, she voted against even letting us have these “crumbs”. Nancy Pelosi can f*ck off. I used to work in banking. You would be amazed at the number of people who could drastically improve their … Read more
by Anthony B Sanders US Real GDP seems to be booming (see yesterday’s Atlanta Fed GDPNow Report for 4.2% growth) while The Fed continues to raise their target rate and unwinding its $4.4 trillion balance sheet. The result? The US Treasury 10-year yield has risen to its highest level since 2014 (red line). And Bankrate’s … Read more