by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) President Trump won the White House in 2016 because we are living in a depression with cyclical recessions along the way, as the U.S. economy and stock market masquerade as boom times. A depression can be defined as a severe and prolonged recession. A typical recession is due to a decline in economic … Read more
by WARREN MOSLER With personal income decelerating shouldn’t surprise anyone if personal consumption does same, not to forget benchmark revisions just took employment down by 500,000 dampening that source of personal income: US Personal Income Grows the Least in Nearly a Year Personal income in the United States increased 0.1 percent month-over-month in July of … Read more
by Jesse “Seems a [trade] deal or truce would be enough to slow the contraction till after elections which is what Trump wants. That is likely Trump’s hope. Maybe will buy him 3 months or so— but not long enough to block downturn before November 2020. We are at end of cycle. CBs can play … Read more
by Jared Dillian When you invest in bonds, do you buy individual bonds or bond funds? Unless you have a lot of money, you should probably buy bond funds. And even if you do have a lot of money, you should probably buy bond funds. Let me explain. Little Diversification I have owned individual bonds … Read more
(Bloomberg) — Argentina’s central bank is trying to stem investor panic and stabilize the mutual fund industry after many of the country’s biggest funds suspended investor withdrawals in the wake of the government’s default on $7 billion of local debt. The bank offered to buy local notes held by the funds, providing liquidity that they … Read more
via CNBC: Hedge fund kingpin Ray Dalio is warning that current conditions remind him of the Depression-era environment. He cited three factors: Ineffective central banks, high levels of debt and the U.S.-China conflict. Dalio previously predicted a “paradigm shift” that would benefit gold. His biggest funds are losing money this year. Hedge fund titan Ray Dalio is … Read more
by econimica Summary After 250 weeks without a purchase of Treasuries (since Oct. 2014), for the second week in a row, the Federal Reserve bought Treasuries. The $14 billion in purchasing is in stark contrast to zero purchases since Quantitative Easing ended and selling during Quantitative Tightening. When the Fed sells Treasuries, asset prices struggle, but … Read more
Maybe on of the Greatest Video’s ever made that YouTube tried desperately to hide. h/t Shamrock007
VOLUME: classic month-end markup on #decelerating volume to lower-highs pic.twitter.com/ppVltB2bY7 — Keith McCullough (@KeithMcCullough) August 30, 2019
Third. The SEC doesn't have audit access to Chinese companies that make up more than $1.3T in US market cap.The SEC IS SUPPOSED TO PROTECT INVESTORS , BUT CANT WITH CHINESE COMPANIES. WTF ? TELL CHINA, CHANGE OR WE DELIST THEM That will move them faster than tariffs. 👇from SEC https://t.co/Ex3GhiuM1G pic.twitter.com/tzxOvjBVFv — Mark Cuban … Read more