https://www.youtube.com/watch?v=UaxvpGd1Tgk As far as we know at EWI, bear markets have not been banned. And, unless history stops repeating itself, another one is inevitable. Yet, even after a nine-year upturn, some market observers continue to anticipate only temporary dips.
Jun 1 – FS Insider interviews Financial Sense Wealth Management CIO Chris Puplava on the QE unwind by the Fed and other central banks now putting pressure on emerging markets, the high yield debt market, and other…
by DCG Homeless in Seattle… You know what that means: The local governments are going to need more taxpayer dollars! From Spokesman Review: For the first time, King County’s annual one-night count of homelessness found more than half of homeless people were sleeping outside versus in shelter, with a stark increase in the number of vehicle campers. With pressure … Read more
by Michael Snyder Don’t get too excited about the “good employment numbers” that you are hearing about from the mainstream media. The truth is that they actually aren’t very good at all. For years, the federal government has been taking numbers out of one category and putting them into another category and calling it “progress”, and … Read more
by jessefelder Much has been made of the plunge in the Smart Money Index this year and for good reason. In the past, major downturns in the index like we are witnessing today have proved to be prelude to major downturns in stock prices. Many have wondered about the underlying dynamics for the decline in the index of … Read more
via Business Insider: The Everything Bubble has made the inflation of the second housing bubble, now well further into its mania stage than the subprime bubble got, go largely unnoticed. As ZIRP, QE, and the resultant wild risk-asset inflation has combined with government-backed housing loans and predatory lending, the housing crescendo has been fast and furious. … Read more
via Daily Reckoning: The extreme folly of making predictions about what will happen due to the Fed’s unprecedented interference in free markets can be summarized neatly; nobody knows because in all of recorded history there has never been a period of time when money has been available for nearly free for this long. It is … Read more
Most of the time, successful investing is a waiting game. Just as there are poor times to sell your stocks, there are poor times to buy them as well, and sitting on money while you wait for a better opportunity is often one of the best investing decisions that you can make. h/t getthesmarts
by andthenisawtheblood Really curious to hear some of your thoughts on this, as I’ve seen “ethical investing” come up from time to time. Here’s a couple articles on the subject: Google Won’t Seek to Renew Pentagon Contract After Internal Backlash (Short WSJ article) How a Pentagon Contract Became an Identity Crisis for Google (Long NYT article) I … Read more
by COMPUTER1313 https://www.bloomberg.com/news/articles/2018-06-01/trump-said-to-grant-lifeline-to-money-losing-coal-power-plants-jhv94ghl The Energy Department would exercise emergency authority under a pair of federal laws to direct the operators to purchase electricity or electric generation capacity from at-risk facilities, according to a memo obtained by Bloomberg News. The agency also is making plans to establish a “Strategic Electric Generation Reserve” with the aim of … Read more