Month: July 2018

The highs are in and while the initial sell-off shouldn’t be too rapid, the next big target is 2200….

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Our model for the S&P has caught all the major cycles since 2000. What it suggests now is that following the recent bounce towards in the S&P towards 2800, the highs are in and while the initial sell-off shouldn't be too rapid, the next big target is 2200. pic.twitter.com/wqnJdTJRyM — Julian Brigden (@JulianMI2) July 2, … Read more

Why is the current U.S. household wealth bubble far larger than it was during the prior two bubbles (Dot-com and housing)?

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Why U.S. Household Wealth Is In A Bubble – Part 1 Since the financial crisis in early-2009, household wealth has surged by nearly $46 trillion or 83 percent to a record $100.8 trillion. As the chart below shows, the powerful increase in household wealth (blue line) has far exceeded the growth of the underlying economy, as measured … Read more

BOMBSHELL: Obama administration granted citizenship to 2,500 Iranians during nuclear deal: Iran official

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The Obama administration granted citizenship to 2,500 Iranians, including family members of government officials, while negotiating the Iran nuclear deal, a senior cleric and member of parliament has claimed. Hojjat al-Islam Mojtaba Zolnour, who is chairman of Iran’s parliamentary nuclear committee and a member of its national security and foreign affairs committee, made the allegations … Read more

Maxine Waters attacks Pelosi & Schumer as self-serving, says they “will do anything” to protect their power.

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Democrats are eating their own. https://twitter.com/RealSaavedra/status/1013506609153265664 GOD’S ARMY‏ @Brenda06135 14h14 hours ago More Replying to @RealSaavedra @RepMaxineWaters you have been in the US congress for more than 26 years. What infrastructure bills have you gotten passed during that period? What have you done about housing shortages or poor housing conditions during that period? In fact, what have you … Read more

Armstrong: Decline Technicals

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by Dave Armstrong suggests that it is a natural feature of markets that if a decline is severe enough, the market will take a long time to recover.  The more severe and rapid the decline, the longer it will take to bounce back. I do think crypto is a “faster” market than normal (probably resulting … Read more