A stock market roller coaster on par with that of a decade ago is back, and essentially for the same reasons. No, not just economic fundamentals involving back-breaking debt, corporate profligacies and geopolitical risks, but because said volatility and the asset destruction-slash-consolidation that results are in part due to much longer-term design. This latest design … Read more
Taiwan’s unification with the mainland is “inevitable”, President Xi Jinping said Wednesday, warning against any effort to promote the island’s independence and saying China would not renounce the option of military force to bring it into the fold. https://www.msn.com/en-gb/news/world/chinas-xi-says-taiwan-reunification-inevitable/ar-BBRHnfy?li=BBoPWjQ&ocid=mailsignout “China must and will be united… which is an inevitable requirement for the great rejuvenation of … Read more
via Bloomberg: Prices in Australia’s largest city drop 11.1% from 2017 peak CoreLogic sees tighter credit weighing on prices this year The downturn in Sydney’s property market is set to deepen this year as tighter lending standards and the worst slump in values since the late 1980s cause nervous buyers to sit on the sidelines. Average … Read more
Jack Bogle, founder of index fund giant Vanguard Group, is warning investors to prepare for 2019 by decreasing exposure to stocks and increasing investment in defensive strategies, such as fixed income securities like bonds. “Trees don’t grow to the sky, and I see clouds on the horizon. I don’t know if and when they’ll arrive. … Read more
https://www.bloomberg.com/news/articles/2019-01-01/einhorn-s-greenlight-extends-drop-to-34-in-worst-year-on-record David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital. The firm’s main hedge fund fell 9 percent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg. Greenlight posted some of the industry’s best returns in its early years, but … Read more
Leveraged loan market concerns https://t.co/rwiCZaTNDB — Alastair (@StockBoardAsset) January 2, 2019 U.S. junk-bond issuance fell to zero in December for the first time in a decade. @TheTerminal pic.twitter.com/8W0IefGGtU — Lisa Abramowicz (@lisaabramowicz1) January 2, 2019 We have just witnessed one of the biggest drops in the global earnings revision ratio since 1988. pic.twitter.com/E9ta8XmvcU — jeroen … Read more
This is a replay of SchiffGold’s CEO Peter Schiff’s RT interview aired on December 28, 2018. ——————————————————- 2008 Great Recession Will Pale Compared to 2019 Bear Market | Peter Schiff RT Interview __________________________________ After the worst Christmas Eve in the history of the stock market, the Santa Clause rally came late. Markets bounced back in … Read more
https://www.youtube.com/watch?v=wJO-1aotMHw I hope not the yellow vests need to rise and get rid of macron and globalism for good MP
Via The Daily Caller The caucus of black New York state lawmakers runs a charity whose stated mission is to empower “African American and Latino youth through education and leadership initiatives” by “providing opportunity to higher education” — but it hasn’t given a single scholarship to needy youth in two years, according to a New York Post … Read more