via MarketWatch: The global housing market is showing cracks. Those fissures could spread throughout the world-wide economy, potentially sending world-wide gross domestic product, or GDP, to its lowest annual pace of in 10 years, according to research from Oxford Economics, led by economists Adam Slater, and John Payne in a research report dated June 24. … Read more
Jun.24 — Steen Jakobsen, chief investment officer at Saxo Bank, talks about recent attacks on the Fed and ECB by President Trump. He appears on “Bloomberg Markets: European Close.”
via Zerohedge: Having been told numerous times that banks “are in far better condition now than before the crisis,” we should not be at all surprised that all major banks passed The Fed’s “adverse scenario” stress test. As The FT reports, US banks would lose $410bn if there were another severe global recession, but would maintain enough … Read more
via @Trinhnomics: How you should interpret the index👇🏻. As a rule of thumb, whenever you read the news/experts commentary, NEVER TAKE WHAT THEY SAY AT FACE VALUE if u don’t understand terminology. If u do not understand what an FCI is, then read the appendix. The Fed is very good at explaining
via @Trinhnomics: Meanwhile, Latin American households not so indebted, esp Mexicans!!!
VIDEO: “Why Are Democrats Misleading Us About Immigration” (Watch Until the End) AC
via @Trinhnomics: a) Euro area better obvs thanks to NIRP; b) USA & Japan got BETTER 💪🏻💪🏻; c) Canada, Australia and Korea got WAY WORSE 👇🏻💪🏻(this is why I didn’t understand the BOK’s 25bps hike) Okay, let’s zero in on EM since this is my bread & butter: a) Turkey debt service ratio got really … Read more
https://gohmert.house.gov/uploadedfiles/google.mp4 https://gohmert.house.gov/uploadedfiles/google.mp4 https://www.projectveritas.com/2019/06/24/insider-blows-whistle-exec-reveals-google-plan-to-prevent-trump-situation-in-2020-on-hidden-cam/ YouTube REMOVES Project Veritas Video Exposing Google’s Plans to Rig the 2020 Election Against Trump ***MAJOR UPDATE*** https://youtu.be/re9Xp6cdkro Project Veritas Google Video re: Censorship and all mirrors have been deleted (censored) off YouTube http://archive.is/m2mpX SGT REPORT: Google / YouTube’s Illegal Meddling In The 2020 Election h/t KOS
by Michael Snyder Once upon a time, some of the most beautiful cities in the entire world were on the west coast, but now those same cities are degenerating into drug-infested cesspools of filth and garbage right in front of our eyes. San Francisco is known as the epicenter for our tech industry, and Los … Read more
by Michael Snyder We have never seen global weather patterns go as crazy as they have so far in 2019. Record high temperatures are being shattered all over the planet, but meanwhile some parts of the U.S. were just buried by massive amounts of snow. The sixth largest city in India is literally running out … Read more
How to Bring the Disabled Out of the Economic Closet. By Michael Gorback, M.D., at the Center for Pain Relief in Houston, TX: N.B.: The disability benefits system as described here is a very simplified version. It is incredibly complex, so I have limited the discussion to some rather broad generalizations. However, I believe the message does come … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter But Texans Say, “We’re Full.” And Californians, Buckling Under Housing Costs & Congestion, Tell Wannabe Leavers, “Just Do It” This is now everywhere in the Media. In San Francisco, it was on Radio this morning, a whole discussion on KQED’s Forum about California and Texas, with a good dose of California-bashing, and some … Read more
Tesla wins a tariff exclusion for the Japanese aluminum used in its batteries, according to government documents. The Department of Commerce will waive the 10% tariffs placed on aluminum for Japan’s Nippon Light Metal Co Ltd. The waiver is valid for one year. Electric-car maker Tesla won a tariff exclusion from the U.S. on the imported Japanese … Read more
Recently former Microsoft CEO Bill Gates said his biggest mistake was whatever led to the Microsoft being behind what became the biggest non-Apple phone operating system. In 2017 a Microsoft executive made it clear that it would no longer actively develop its Windows 10 Mobile operating system. That year, Google’s Android was the clear leader … Read more
by chartr According to eMarketer US adults will spend more time on their phone than watching TV in 2019. Data Source: eMarketer Viz Tool: Microsoft Excel
by theimpossiblesalad Source: SimilarWeb.com, for the month of May 2019 Tool: For the visualization I used Microsoft Excel and Adobe Photoshop. The most visited websites worldwide. Sums of visits (non-unique) per month. If you liked this, please consider following my Instagram account for more statistics, data and facts!
I logged in today and got a message from Citi notifying me that Price Rewind was going away on September 22, 2019. Upon further investigation, I found https://onemileatatime.com/citi-benefits-changes/ which lists a ton of other benefits going away. I can’t confirm what’s in that article other than Price Rewind, but something to watch out for. AC
by pokethehippo My mom called me tonight stating she was upset she had to pay $149.00 to activate her new Roku TV. She said she had to pay an invoice through PayPal. I immediately knew she had been scammed, but here is how they did it. When activating the Roku TV, it tells … Read more
by zacce Quicken user for 20+ yrs. My 2016 Quicken expired and I decided to create a spreadsheet to replace Quicken. I replicated everything I need to manage my investments/spending/income. Here’s the bare bone version: https://docs.google.com/spreadsheets/d/1rt14NzYB3OcZ2jLqnJAp3YkhV7R25ipjjkQiyVVmBfs/copy (It will ask you to make a Google Sheet copy.) This basic version has 5 tabs: NET WORTH (or account … Read more
by Jthommygun So I made a dumb mistake, just wanted to share it to hopefully keep others from doing the same. So I recently did a vertical call spread on SPY because I’m a pussy and I wanted to limit my downside risk. Well my short leg was exercised on the 20th and by … Read more
via @Trinhnomics: Sorry, no data for EM. For non-FI firm debt service ratios: a) Euro area good thanks to NIRP (sound like a broke record); b) US worse but still good; gosh Canada is defo worse & Australia way better than Canada. Clearly US weak spot is corps & Australia is households
via @Trinhnomics: a) NIRP pushed up Euro area but best is GERMANY 🇩🇪🥇💪🏻 b) USA still rising, Australia & Canada peaked but rose a lot; Japan rising thanks to NIRP! c) HK off the chart; China, Korea, Singapore 📈 d) India & Indo💪🏻 e) Brazil😮 f) Wow Russia😮 g) Turkey cheaper👌🏻🏖️
by birkswithsocks US and Chinese negotiators continue trade talks in Beijing on Tuesday, April 30 and Wednesday, May 1. Mnuchin calls the talks “productive” and confirms that the two sides will continue negotiations in Washington the next week. May 5, 2019: Trump threatens to raise tariffs on China. Trump says that the tariff increase is being done because … Read more
the hope of a global 2h19 rebound has so far not translated into global macro data beating to the upside. pic.twitter.com/4WVABWpZVX — Alastair (@StockBoardAsset) June 25, 2019 UST10Y likely to go much lower on deterioration of macro data pic.twitter.com/8m1AbzHM9H — Alastair (@StockBoardAsset) June 25, 2019 https://twitter.com/GreekFire23/status/1143205253040525312 we all go down together pic.twitter.com/cdecEwzugd — Alastair (@StockBoardAsset) … Read more
