Bear markets usually last longer than two trading days. Unless this time is different.

https://twitter.com/OccupyWisdom/status/1078408848342429696 https://twitter.com/OccupyWisdom/status/1078437730579873793 https://twitter.com/OccupyWisdom/status/1078374017227198466 If we just look at months that have a higher percentage of days with -2.0% intraday draw downs than Dec 2018 so far, the list is a bit more ominous. None of these were at the end …

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ECB Ends Corporate Bond Buying, and Look What Happens – Companies Feel The Pain As Euro Junk-bond Yields More Than Doubled From A Year Ago.

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. To the white-knuckle end, 2018 has been a terrible roller coaster ride for Spanish supermarket chain Dia, once one of Europe’s biggest grocery chains. The firm’s shares, …

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$116 Billion A Year

Via the Raconteur Report $116B per year. That’s how much money we set on fire annually to pay for illegal aliens in this country. Enough to build, arm, crew, and deploy 6 new supercarrier task forces every year, forever. (Hint: That would have doubled …

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American economic downturn starter kit

via lifehacker: If you’re like many Americans, the recent swings of the stock marketaren’t necessarily keeping you up at night—only around half of us are invested in the stock market at all, and of that, “the top 10 percent of wealth holders in the …

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