Month: May 2019

Thanks For The Asset Inflation, Fed! The 100X Gain Since 1996 In The Price Of The Milk Building In The NYC Meatpacking District

by

via economicpolicyjournal: Google has agreed to pay $600 million to acquire a historic building in Manhattan’s Meatpacking District — a hundred times what it was sold for in 1996, reports the Financial Times. Doug Harmon, one of the agents who brokered the sale, also sold the building (located 450 West 15th Street — also known as the Milk Building ), … Read more

Why would this time be different?

by

vua @TaviCosta: China issued 9 other currencies since 1900. All of them became worthless! Today, sitting at the largest credit bubble in history, I ask… Why would this time be different? Source: “Fiat Paper Money; the History and Evolution of Our Currency” by Ralph T. Foster    

Trump Scares Swamp with Declassification Move; Ohr-Fusion GPS caught deleting emails; and yet ANOTHER Clinton email cover-up….Latest Judicial Watch Update

by

by TFittonJW Big Update from Judicial Watch: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-sues-for-secret-fbi-chart-of-potential-violations-of-law-by-former-secretary-of-state-hillary-clinton/ https://www.judicialwatch.org/press-room/press-releases/judge-orders-antifa-activist-yvette-felarca-to-pay-judicial-watch-legal-fees-for-her-entirely-frivolous-lawsuit/ https://www.judicialwatch.org/press-room/press-releases/judicial-watch-nellie-ohr-deleted-emails-exchanged-with-doj-husband-bruce-ohr/ And huge presidential retweets: BIG: @realDonaldTrump authorizes AG Barr to declassify #Spygate docs from all agencies! Coming up! https://t.co/PzzU0kNQfL — Tom Fitton (@TomFitton) May 24, 2019 MASSIVE Deep State-Fusion GPS Cover-Up….I’m holding a redacted document of Ohr’s notes detailing Clinton agent Glenn Simpson intermediaries targeting … Read more

The Financial CRISIS & The Storm That Follows! – The END Of Freedom with G. Edward Griffin

by

G. Edward Griffin interviewed by Josh Sigurdson via World Alternative Media Josh Sigurdson talks with author G. Edward Griffin about multiple issues starting with the coming great financial crisis and the domino effect to come. While we talk a lot about the inevitable collapse of the US dollar among other fiat currencies throughout the world as well as the … Read more

Central Banks’ Forecasts Are Basically Garbage

by

by Joakim Book from Mises Institute Animals are a curious topic in finance, and we find them all over the place. We describe upward, downward or side-ways moving markets as bull, bear or deer markets. We have investment strategies ( “Dogs of the Dow”) and trading behavior ( ‘dead cat bouncing ‘) named after pets. We have “pigs” and “wolves” and … Read more

College grads expect to pay off student debt in 6 years—this is how long it will actually take: “the typical repayment period for borrowers with between $20,000 and $40,000 in federal student loans is 20 years”

by

College graduations are a time for inspirational words and optimism about the future. But the post-college world can also bring sobering realities. Educational services company Cengage surveyed 2,500 recent and upcoming graduates for the Cengage Student Opportunity Index and found that respondents, on average, believe it will take six years to pay off their student loans. In … Read more

US-Traded Chinese Stocks & ADRs Totally Crushed, Many by 50% or 60% or More

by

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Bloodletting after record IPO Hype in 2018 of Chinese companies in the US. There are about 300 Chinese companies that are traded in the US, either on exchanges or over the counter, either as American Depositary Receipts (ADRs) or as shares. And they’re just about all getting crushed, crushed, crushed. Even … Read more

The stock market would be much lower if it weren’t for companies buying back their own shares

by

https://www.cnbc.com/2019/05/25/the-stock-market-would-be-much-lower-if-it-werent-for-companies-buying-back-their-own-shares.html Data compiled by Ned Davis Research shows the S&P 500 would be 19% lower between 2011 and the first quarter of 2019 without buybacks. The other options for companies to deal with that cash — holding it, reinvestments and dividends — would have also led to lower returns. “Without focusing too much on numbers, … Read more

Half of US stock fund assets are now invested in index funds

by

https://qz.com/1623418/index-funds-now-account-for-half-the-us-stock-market The shift has been going on since 2006, with money flowing out of active and into passive every year since then. It’s taking place as a growing number of investors realize that highly paid money managers are seldom able to beat broad benchmarks of stock market performance. More than $39 billion of cash went … Read more

Silver Speculators Say It’s Time To Start Buying

by

BY JOHN RUBINO The gold futures market took a big step towards bullish — or at least neutral — in the past week. Speculators (usually wrong at big turning points) scaled back their long bets while commercials (usually right at turning points) reduced their net short positions. This is progress, but still leaves speculators long and commercials short. … Read more

You Know Things are Falling When…

by

by David Haggith …when the stock market’s decade-long bottom trend becomes its new top trend and then it can’t even make it back up to that line as a top trend. We’re sloughing away now, and it can be a long slide to the bottom or endless side-winding of big ups and downs that go nowhere, just as the market … Read more

How Washington Has Become a Warmonger’s Paradise

by

via nationalinterest: The current crisis atmosphere in U.S.-Iranian relations, in which the risk of open warfare appears greater than it has been in years, is solely, unequivocally due to the policies and actions of the Trump administration. To point this out does not mean that actions of the Iranian regime have not come to be part … Read more

A high level financial discussion on where the economy is heading with Jeff Gundlach & Danielle DiMartino Booth

by

DoubleLine Capital, Released on 5/17/19 *This video was first released on 5/17/19 DoubleLine holds a high level financial discussion on where the economy is heading with CEO of Quill Intelligence, Danielle DiMartino Booth and CEO of DoubleLine, Jeffrey Gundlach at the Rockefeller Center’s Rainbow Room in New York. Jeffrey Gundlach is the Chief Executive Officer … Read more