Rising Rates Are Killing The Housing Market

by Lance Roberts Earlier this year, I penned an article entitled “The Coming Collision Of Debt & Rates” which discussed the 10-areas that rising interest rates would impact most directly. Number two on that list was housing: “Rising interest rates slow the …

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The Economic Calamity Underway

By Bob Shanahan There are a number of growing storm clouds overhead. The U.S. economy is undergoing the beginning of a calamity that will only accelerate into 2019 when the rain will start to fall on what will be a …

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Why We Sold Apple Stock

by Vitaliy N. Katsenelson Our firm bought Apple shares for clients’ portfolios in 2013, and we are used to being a contrarian voice when it comes to the stock (read here and here) — we loved it when it was hated. Now we are contrarian …

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Giving Away Homes For Free In Japan

by Adam Taggart This is what happens when a slowing economy collides with aging demographics: Want a free country house in Japan? They’re giving them away (CNBC) Japan has an increasing number of vacant homes — a problem that’s set to persist …

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Is It Time To Close The Border?

By Bob Shanahan On the Sunday after Thanksgiving, arguably the busiest travel day of the year, the northbound and southbound crossings for both pedestrians and vehicles at the San Ysidro crossing at Tijuana were closed for almost six hours after …

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90% of the 70 asset classes tracked by Deutsche Bank and cited in the WSJ are on track to post negative returns for the year. The previous high was in 1920, when 84% of 37 asset classes were negative

via MarketWatch: Havens? What havens? If you emerge from this year mostly unscathed, count your blessings, because unless things change in a hurry, 2018 is about to make a dubious mark on history. This chart pretty much tells the story: …

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The modern notion of “forgiveness”, often wielded as a weapon against people of faith, has nothing to do with either faith OR genuine forgiveness; it is only another way of refusing to hold people accountable for their bad deeds.

STEVE SCALISE: No forgiveness for shooter, Trump ‘motivated’ recovery. Rep. Steve Scalise is a good Catholic who won the prayers of many church leaders as he recovered from a bullet fired by an angry liberal while he and his Republican baseball …

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