President Donald Trump will reaffirm his intention to end US involvement in foreign military conflicts when he delivers his State of the Union (SOTU) address next week, a senior administration told reporters. “In terms of protecting America’s national security, the president will update Congress on his diplomatic and military efforts around the world and reaffirm … Read more
by John Adams and Martin North from Adams Economics Australian Economist John Adams from Adamseconomics.com and banking expert Martin North report on how Australia’s record debt bubble is leading in massive social problems among Australia’s middle class. In the past 6 years, Sydney’s south west region of Camden and Oran Park (postcode 2570) has seen a massive spike in domestic violence which … Read more
via visualcapitalist: Growing levels of public sector corruption can stifle a country’s economic growth while also chipping away at political freedom. Which parts of the world are perceived to be most corrupt – and further, how does this data differ between regions, and how has it trended over time? THE CORRUPTION PERCEPTION INDEX (CPI) Today’s chart … Read more
Start at time 15 mins for Baby parts h/t Presqu’ile
by Troy With the stock market rallying to its 61.8% retracement, our medium term market studies are mixed. They are no longer consistently bullish. And while the odds favor a pullback/retest right now, it is not impossible for the market to go higher before making a pullback/retest. Meanwhile, the economic data is mixed. This means … Read more
by Troy By now everyone is aware that these “crash & rally” patterns are usually followed by a pullback or retest. Most of these pullbacks/retests occur once the S&P has reached its 50% retracement. But with the S&P now having retraced 60% of its Q4 2018 decline, many traders are doubting whether or not the S&P … Read more
by Jesse The change in total nonfarm payroll employment for November was revised up from +176,000 to +196,000, and the change for December was revised down from +312,000 to +222,000.… (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors. The annual benchmark processalso contributed to … Read more
https://www.youtube.com/watch?v=zlofvAgheNw Website: http://jordansather.com
via theamericanconservative: Earlier this week, the collective leadership of the United States intelligence community briefed Congress on the Worldwide Threat Assessment Report. In doing so, they provided testimony that seemed to contradict virtually every aspect of President Donald Trump’s foreign policy, including the decision to withdraw troops from Syria and Afghanistan, the threat posed by Iran, North Korean … Read more
via marketwatch: The stock market today mirrors the years 2000 and 2007, when prices peaked The bulls are back. The S&P 500 Index SPX, +0.09% rose nearly 8% in January and was 14% off the December lows. Which begs the questions: What slowing global growth? What reduced earnings expectations? What trade wars? Who cares. It’ll all sort itself out. … Read more