From Livemint: Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the US economy may tumble back into recession. Bullion’s recent advance “happened on the back of the market sell-off and spike in volatility,” analysts including Mikhail Sprogis and … Read more
By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. France was just served with a stark reminder of an inconvenient truth: €277 billion of Italian government debt — the equivalent of 14% of French GDP — is owed to French banks. Given that Italy’s government is currently locked in an existential blinking match with both … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Seattle prices fall sharply. New York condo prices nearly flat for the year. First feeble declines in San Francisco, Dallas, Denver, etc. Something is afoot. On the surface, it still looks strong. Single-family house prices in the US rose 5.8% in August compared to a year ago (not seasonally-adjusted), according to the … Read more
Donald Trump has been on the cover of TIME magazine over 15 times. The animated history of TIME covers gives a glimpse into Donald Trump’s time before and after becoming President. Plus, they had made him Person of the Yr! h/t savcash
The housing bubbles in the US are now way above the bubble of the 2008-09 recession. The growth rate is already slowing, the economic system is deteriorating at an accelerated pace. Japan and EU GDP numbers have declined. Italy is in trouble. EU is struggling to create a separate oil payment system with Iran but … Read more
https://www.youtube.com/watch?v=6Ip9GJCozCk
The fake agenda with Stormy Daniels has turned and now Trump is asking for legal fees. In a new book that is out it states that Hillary and Pannetta were spying on the American people. Hillary makes a racists remark and the crowd laughs. Instead of busing the illegals to city to wait for their … Read more
By Chris Black President Trump gave a lengthy interview to Axios, during which he announced his plan to basically annihilate the whole anchor-baby thing, i.e. to issue an executive order aimed at repealing birthright citizenship. This is a very interesting concept, don’t you think? Here’s the Donald: This is a yuuge October surprise if you … Read more
via Kimble Tech stocks have been leading the bull market higher since the market bottomed in 2009. As investors we become concerned when leaders start to show weakness. Well, with Amazon, Google, Facebook, and several other big tech stocks pulling back it’s clear why we are seeing heavy selling and a correction in the NASDAQ, … Read more
by northmantrader What if you had access to the perfect big market call? The one that says where the market is going in the future, not for a small move, but a big move? You’d position for it of course and you’d wait until the price target is met and laugh yourself silly all the way … Read more