via MarketWatch: At 13 days in length as of Thursday, the current partial government shutdown is starting to move up the record books. So far, it already ranks as the second-longest shutdown in more than 20 years, topped only by a 16-day closure during the Obama administration that began in September 2013. Going back more … Read more
via Reuters: There are “lots of indications” that some managers discussed “the reputational risks” of Deutsche Bank’s involvement in a share-trading scheme that is the subject of Germany’s biggest post-war fraud investigation, according to a conclusion in one of five internal audits seen by Reuters. The bank issued tax certificates for withholding tax that had never … Read more
Europe headed for another recession? pic.twitter.com/oiWoHVJ6ET — Alex Barrow (@MacroOps) January 3, 2019 Only during recessions have we seen ISM dropping 5-index points or more in a month in newer history. Ouch! pic.twitter.com/OLcKOUtWDC — Andreas Steno Larsen (@AndreasSteno) January 3, 2019 China’s current economic slowdown differs from previous downturns because this time Chinese consumers are … Read more
by TFittonJW The full speech: https://www.youtube.com/watch?v=rnpokFs1Yls
https://www.youtube.com/watch?v=j8NnrBjevEA Yep and all goes back to the Communists Democrats the cabal of criminals that have hijacked our Republic who are now upside down in backwards incorruption they will protect their corruption at all costs make America great again imprison Nancy Pelosi for corruption and also her dog Maxine Waters… EG
by Ruby Henley I am concerned about Republicans deserting President Trump to side with the Democrats. At the present time, it is about the government shutdown. President Trump says until he gets the money for the border wall, the government will continue with the shutdown. We must remember that was one of his campaign promises, … Read more
you probably should read this–> pic.twitter.com/zO2MMqC2hW — Alastair (@StockBoardAsset) January 3, 2019 https://twitter.com/OccupyWisdom/status/1080945381654126592 https://twitter.com/OccupyWisdom/status/1081024283994927104 One thing we have learned… the economy & financial markets crumble at 2.5% on Fed Funds… actually make that 2.4%… can’t even get that extra 10bps. pic.twitter.com/Bfo39zQvm8 — PlungeProtectionTeam (@gamesblazer06) January 3, 2019 Liquidity is strongly negatively correlated with volatility – … Read more
by SlovakPotato007 Apple products are overpriced and not aligned with the market (30-40% price increase on most hardware products in 2018) There are many better or equal phones for 40-50% less (its important since iPhone is a significant portion of Apple’s revenue) If iPhones dont sell well, the service revenue from App store will … Read more
Auto sales have been declining for a while, they used channel stuffing to hide the fact that they weren’t selling cars, now it is completely noticeable so the automakers will no longer report monthly sales. Construction workers are being let go. Manufacturing is declining along with the stock market. Apple declines and many other companies … Read more
As grass roots conservatives have been slowly disappeared on social media, establishment propped up “Never Trumper” conservatives have been co-opting the MAGA movement’s audience. Many of these now disappeared grass conservative voices were paramount in helping the MAGA movement succeed in electing President Trump in 2016 and this is why the stakes are so high. … Read more
by Martin Armstrong QUESTION: What about what China did by buying stocks a few years ago to stop the hang sang from dropping LW https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4?_=1 ANSWER: Do not confuse attempts to support a market from actually being able to do so. This is the same as Keynesian economics that government could prevent recessions. Larry Summers admitted … Read more
https://www.youtube.com/watch?v=YFxxVGwedQ8
via wdtv: (CNN/Donna Borak) — Americans may find themselves missing an agency they usually love to hate if the government shutdown persists: the Internal Revenue Service. A protracted fight between President Donald Trump and Democratic congressional leaders to fund the government could delay payouts of tax refunds to millions of Americans who are owed money. The country’s … Read more
from Zero Hedge Say goodbye to the rate hikes. As of this morning, not only are the odds of a rate hike in 2019 zero, but according to the Eurodollar market, the odds of a March 2019 rate cut – as in less than three months – are rising, and have now hit 7% The market … Read more
Private emails, credit cards, photos of most politicians in Germany have been hacked and published Hope that the Merkhell crime syndicate goes down the toilet now it was the russians as usual LOL via bild.de: Following the massive Hacker attack on politicians and private persons, the German government calls a Cyber Alarm. The Federal office for … Read more
by Martin Armstrong COMMENT: Dear Marty, Rudy Giuliani, Trump‘s lawyer and former mayor of New York, says Julian Assange of Wikileaks should not be prosecuted and compares his work to the Pentagon Papers. Kind regards, MS REPLY: I totally disagree with the attempt to prosecute Julian Assange of Wikileaks or Snowden. The argument for his prosecution is based upon this … Read more
by Martin Armstrong The Yellow Vest Movement that began in France, is spreading. It appeared also in Belgium and it spread to Canada as well. The French arrested the leaders of the Yellow Vest Movement calling them an anti-government charging them for organizing an unauthorized protest, as authorities adopt a tougher approach to try to curb the demonstrations. During the weekend … Read more
by Troy While the U.S. stock market has been trending downwards from December 2018 – present, safe havens (e.g. gold and Yen) have been going up. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For reference, here’s the random probability of the … Read more
Talk Digital Network, Released on 1/3/19 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more
by Jesse Colombo Apple stock plunged nearly 10% on Thursday after the company cut its revenue forecast due to slowing iPhone sales in China. Apple’s woes dragged U.S. stock indices lower by more than 2% as fears of a more extensive China-driven slowdown spread. From the New York Times: For years, no matter what was happening … Read more
via Eric Peters: Libertarians – me included – have wrestled long and hard with this one: Is it censorship when private entities do it? No – not in a legal sense. Because these private entities do not have the power to forbid publication, per se. But they do have the power to suppress (and even to punish) publication when the entities at issue effectively control … Read more
People Bought Fewer New iPhones Because They Repaired Their Old Ones. And they repaired their old ones because the new ones aren’t delivering the innovation and performance that used to make people scrap their perfectly-good older phones to buy the new ones. Possibly because Apple’s CEO is spending more time on social-justice nattering than on … Read more
The Ever-Shifting Definition of “Assault Weapons:” The phrase has been used to promote bans on almost every type of gun. The very heterogeneous group of so-called “assault weapons” has only two things in common. First of all, none of them are automatics or machine guns. Gun prohibition advocates have very effectively created and then exploited … Read more
by Dr. Eowyn Senator Harry Reid (D-NV) was Senate Majority Leader from 2007 to 2015 — credited with pushing Obamacare into law — and Senate Minority Leader from January 3, 2015 to January 3, 2017, when he retired from the U.S. Senate. Remember Reid’s strange injuries? On May 14, 2018, Reid underwent surgery after being diagnosed with … Read more
from Zero Hedge More US troops will be deployed to the Southern border to “construct or upgrade” 160 miles of fending, as well as provide medical care to thousands of migrants arriving from Central America, reports NPR, citing military sources. The Pentagon will foot the bill out of its discretionary funding for the deployment and fence construction along the … Read more