Powell Keeps The Bond Bull Kicking

by Lance Roberts In a widely expected outcome, the Federal Reserve announced no change to the Fed funds rate but did leave open the possibility of a rate hike next year. Also, they committed to stopping “Quantitative Tightening (or Q.T.)” by the end of September. The key language from yesterday’s announcement was: “Information received since the Federal … Read more

Chris Vermeulen: The Stock Market Head-N-Shoulders Pattern To Be Aware Of

by Chris Vermeulen of The Technical Traders Our research team believes a moderately mild price rotation will unfold over the next 30 to 60 days where the US Stock Market will rotate downward.  Particularly, the $INDU (Dow Jones Industrials) should move lower towards the $23,000 to 24,000 before finding support based on the longer term weekly chart. Keep … Read more

WSJ: Housing crisis in california so bad its forcing companies to flee the state

SAN FRANCISCO—California’s economy is adding jobs far faster than affordable places to live, forcing some employers to leave the state as they expand. Companies that move from California have historically left behind its diverse industries, renowned public universities and balmy climate for states with lower taxes and lighter regulation. But now home prices and rents, … Read more

Elizabeth Warren says she wants to eliminate the Electoral College so that California can pick every US President

Watch the latest video at foxnews.com via foxnews: Democratic presidential candidate Elizabeth Warren said she supports eliminating the U.S. Electoral College during a town hall broadcast on Monday night. “Every vote matters and the way we can make that happen is that we can have national voting, and that means get rid of the Electoral … Read more

Recession is Coming

by northmantrader Let’s be very clear what yesterday’s full frontal capitulation by the Fed means: It’s coming. The next recession that is. It’s just a matter of the how and the when. Now mind you the Fed will never, ever overtly tell you a recession is coming. They can’t. Their underlying primary mission is to keep … Read more

List of Companies from FedEx to BMW Are Warning about the World Economy

via CNBC: Executives at FedEx, BMW, UBS and others are describing bleak macroeconomic conditions, which they say are weighing on business. The head of UBS says it was “one of the worst first-quarter environments in recent history,” while FedEx cites slowing international conditions and weaker global trade growth trends. Fitch Ratings also “aggressively” cut its … Read more

Guggenheim’s Minerd Says the Fed Has ‘Returned the Punch Bowl’… Bloomberg: This Might Be the Dollar Disaster Bears Have Waited For

  Guggenheim’s Minerd Says the Fed Has ‘Returned the Punch Bowl’ Scott Minerd, Guggenheim Partners co-founder, reacts to the decision by the Federal Reserve’s policy-setting Federal Open Market Committee to leave rates unchanged and scale back the Fed’s projected interest-rate increases this year to zero.   Bloomberg: This Might Be the Dollar Disaster Bears Have … Read more

Shiller: Greater Than Average Chance of Recession in the Next 18 Months… Steve Keen: U.S. Is Going to Slow the Same Way Japan Has

Shiller: Greater Than Average Chance of Recession in the Next 18 Months Nobel Prize winner Robert Shiller: Greater than average chance of recession in next 18 months from CNBC. Nobel Prize economist Robert Shiller says that the long expansion in the economy, housing & stock markets, combined with continued low interest rates, could mean the … Read more

JOHN MAULDIN: “Postponing the inevitable downturn with artificially low rates will come at a cost. The cost is a massive credit bubble that is already of biblical proportions.”

via marketwatch: The European Central Bank this month said it would keep record-low interest rates for longer. The news comes shortly after the U.S. Federal Reserve gave in to the stock market and held off on further interest-rate increases. While investors celebrate the policy reversal, they might soon regret it. This stimulus may indeed buy the … Read more

Catastrophic Flooding In The Midwest Could Last “For Months”, And That Is Going To Mean A Dramatic Drop In U.S. Food Production

by Michael Snyder The worst flooding disaster in the history of the Midwest is just getting started, and as this crisis unfolds we are all going to be feeling the pain.  The “bomb cyclone” that recently brought hurricane-force winds and blizzard conditions to the middle of the nation was the spark that set off this … Read more

12 reasons why another financial crisis is imminent, followed by a global recession

pic.twitter.com/zn2f9Jx2Uc — Alastair (@StockBoardAsset) March 20, 2019 List of Companies from FedEx to BMW Are Warning about the World Economy Executives at FedEx, BMW, UBS and others are describing bleak macro-economic conditions around the world… Trump will not be tweeting about FedEx today pic.twitter.com/bKRXkLfomU — Alastair (@StockBoardAsset) March 20, 2019 – S.Korea March 1-20 Exports … Read more

The Chair Of The Federal Reserve Just Used The Term “Slowdown” To Describe What Is Happening To The U.S. Economy

by Michael Snyder Now even the Federal Reserve is publicly admitting that the U.S. economy is slowing down.  And that is quite remarkable, because usually the Federal Reserve is extremely hesitant to say that an economic slowdown is taking place.  As I pointed out the other day, in 2008 former Fed Chair Ben Bernanke kept insisting that … Read more