BY JOHN MAULDIN The stock market is overvalued by many different measures. I recently shared Dave Rosenberg’s thoughts on the subject. But at the SIC 2018 conference, we also heard a lot more from Steve Blumenthal, Mark Yusko, and several others. The evidence is adding up—and it’s not bullish, to say the least. What drove valuations higher? There are many … Read more
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of Federal government “market debt” in Canada reaching 1 trillion dollars. Now, as John explains, this isn’t just “market debt” this is debt owed and debt that the government is simply paying the interest on. When you only pay the interest … Read more
Tech giants brace for sweeping EU privacy law Facebook and other internet companies are racing to prepare for a sweeping new European Union (EU) privacy law that aims to give consumers greater control over the use of their data. The law comes at a critical time for the industry, which is already facing tough questions … Read more
The first storm of the holiday weekend moved through the upper Midwest on Saturday bringing as much as a foot of snow in northern Minnesota. Now another storm is developing in the central Plains Sunday and rapidly moving to the east — with snow likely from Nebraska to Ohio on Easter Sunday. Snow will reach Missouri and Illinois by … Read more
by DCG Wait until you read what the police blame this on…seriously. From Fox News: London became a bit more like New York City in February, but it’s not a distinction to be proud of. The city of Big Ben and the tube that sits on the Thames River overtook New York in murders for the first time … Read more
by visualcapitalist View the high resolution version of today’s graphic by clicking here. The average person is awake for 15.5 hours per day, but once you subtract hours committed to work, eating, chores, personal care, and errands, there’s only so little much free time leftover. That’s why the amount of time spent commuting, either in a car … Read more
China is implementing new tariffs on meat, fruit and other products from the U.S. as retaliation for American duties, heightening fears of a potential trade war between the world’s two largest economies. Beijing’s latest move, announced by its finance ministry in a statement dated April 1, is direct retaliation against taxes approved by President Donald … Read more
#Bitcoin has bust, #FANG stocks are FUBAR, but #SNB stock keeps accelerating. Watch the real bubble in fin mkts. https://t.co/Dji9StIG7a pic.twitter.com/QVwJ9CDO9p — Holger Zschaepitz (@Schuldensuehner) April 2, 2018 Tesla bonds keep falling. pic.twitter.com/sdcZaGDRWc — Lisa Abramowicz (@lisaabramowicz1) April 2, 2018 Apple bonds are also trading at a discount, despite the fact that the company was … Read more
https://twitter.com/OccupyWisdom/status/980602749283983360 With U.S debt-to-GDP ratio crossing 106% and ratio of interest payment expenditures to revenue increasing, sovereign rating risk parameters are worsening. Will be hard to held up this AA+ — Gregor Peter (@L0gg0l) April 2, 2018 https://twitter.com/spectatorindex/status/980755848564588551 “just 2-in-5 Americans said they’re able to spend less than they earn. Spending on U.S. general purpose … Read more
China seems ramped up to pursue facial recognition technology everywhere in China. Is this going to be the same for the U.S. in the near future? Important look on a future with big brother. By 2020, China will have completed its nationwide facial recognition and surveillance network, achieving near-total surveillance of urban residents, including in … Read more