by Patrick Hill The SPX recorded new highs this week. Investors appear to be excited about the U.S. – China Phase 1 trade agreement, which only goes so far in ending the trade war. Plus, the Fed is cutting interest …
Kitco News, Released on 10/31/19 A catastrophic recession is coming, and gold is still the best investment to hold during an economic collapse, this according to Gerald Celente, publisher of the Trends Journal. “For me, speaking only for myself, gold …
https://twitter.com/fedoroffx/status/1190228625083305984 https://twitter.com/hks55/status/1190112267737669633 #Our1929Quotes Side by side… pic.twitter.com/8Q0tBmyQ1r — Michael Norinsberg (@Mnorinsberg) November 1, 2019 Greenspan says the economy is missing leverage, and just happens to conveniently forget the US gov't just went from $10T–>$23T in debt in only 10 yrs!🤦♀️🙄🤔Where …
what you're not being told is global trade is plunging again — the whole narrative by wall street was that growth was supposed to pick up at the end of the year. pic.twitter.com/AMme1tCF4A — Alastair (@StockBoardAsset) November 1, 2019 ANZ …
by travissidelinger Thought I’d share here. I have put together several backpacks. This is my best one. It’s my take everywhere backpack. Except work, I have a different backpack for work. And my camping backpack is separate. If we had to …
by UPFINA The ADP private sector jobs report was a mixed bag. On the negative side, the September report was revised from showing 135,000 jobs created to 93,000. We know the initial BLS reading was 114,000, but that’s subject to a …
by SpontaneousDisorder https://twitter.com/lisaabramowicz1/status/1189920797122543618 Companies are on pace to sell a record volume of U.S. investment-grade bonds this year, with 65% of the issuance coming from BBB rated issuers: Fitch Ratings https://fitchratings.com/site/re/10099564 Here’s a look at the market value of …
By John Mauldin The Federal Open Market Committee had an unscheduled meeting on October 4. That happens occasionally and they often don’t reveal it occurred until the next regular meeting. That would mean Oct. 30, in this case. But for …
by Bix Weir from RoadtoRoota Nothing has slowed down in the world of bank failures and bank bailouts! They have only gotten worse so here’s the latest…
Firms like Facebook should resurface San Jose streets. For any “hypergrowth” company like Facebook to build in San Jose, add 1,000 homes and 10,000 employees, it should be required that it fund the resurfacing of our streets, expressways and highways. …
The Repo Madness has been causing massive disruption in the financial system and the Fed has been pushing the boundaries further and further. Central banks, governments, financial companies work as one unit. Do not be fooled and believe anything will …
California is ‘winning’ its way into the Stone Age. The same California that has been the seedbed of world-famous companies — like the ones that make it possible for people to send widely viewed short missives of 280 characters or …
via townhall: After the 2016 election, the left quickly launched a new talking point, proclaiming “this is not normal” and in a way, they were right. It’s not normal for the losing party, in partnership with the media, to attempt to …
In 8 of the 9 times Chicago PMI has printed today's level it came with a Recession. pic.twitter.com/WtgIMkYu94 — Not Jim Cramer (@Not_Jim_Cramer) October 31, 2019 Worst Chicago PMI since 12/2015. But that's okay. This isn't a pre-#recession period. It's …
Authored by Laura Frost via BondVigilantes.com, Financial markets can be a scary place for investors. The US economy is now in its longest expansion on record, the world is seeing record level of total debt and now even some corporate bonds …
by Lance Roberts Just recently, CNBC ran an article touting the call of “Billionaire Investor Ron Baron” of the Dow reaching 650,000 in just 50-years. Billionaire investor Ron Baron sees the Dow at 650,000 in 50 years https://t.co/oPElm0nrHT — CNBC (@CNBC) October 25, 2019 …
by Dave Kranzler of Investment Research Dynamics The degree to which Elon Musk manipulates GAAP accounting in awe-inspiring. That the various regulators in charge of protecting investors allow Musk to commit accounting fraud is shocking. Note: The commentary below is an excerpt from the …
by Shaun Richards Some days an item of news just reaches out and grabs you and this morning it has come from the increasingly troubled Hong Kong. We knew that there would be economic consequences from the political protests there …
China Says It Won’t Go Past First Base, No Diddling Stage 1 in the works but Chinese downplay prospect for others APEC cancellation adds another hurdle for a star-crossed deal https://twitter.com/TomOrlik/status/1189894356481773569 h/t wsb_mods_r_dumbfucks
by Michael Snyder It isn’t supposed to be this cold in October. The official start of winter is still almost two months away, and yet the weather in much of the western half of the country right now resembles what …
The phenomenon works – until it doesn’t. What’s astonishing is how long it works. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: There is a phenomenon in stock markets, in bond markets, in housing markets, in …
It’s closing down lakes, resulting in economic losses for those reliant on lakeside recreation. And the reasons for its spread remain elusive. Algae blooms have gripped Utah lakes, and their seasonal spread across the country is on the rise. By …
by TFittonJW Great interview with my Judicial Watch colleague Matt Miano (l): And a blunt conversation with Lou Dobbs tonight:
via rushlimbaugh: RUSH: Folks, it is hilarious now that Vindman… This is the most recent witness. This is this a guy you saw on video yesterday in his full, dress Army uniform, and he was walking all over Washington into the …
https://twitter.com/GregMannarino/status/1189622779995447298 Easy money used to be a tool reserved for recessions/crises. It's now the default policy in any environment as the prevailing central bank view is that there are only positive (stimulus, wealth effect) & no negative (if higher inflation …
via sentimentrader: Confidence conflict Quite a few times over the past couple of months, we’ve discussed how various aspects of sentiment were curiously subdued. From individual investor surveys to fund flows to hedge fund exposure, and many more, we were seeing …
By Tsvetana Paraskova Chinese oil and gas giant PetroChina reported on Wednesday a 58-percent plunge in its third-quarter profit as lower oil prices, fierce domestic fuel competition, and slowing gas demand growth weighed on earnings. PetroChina booked a net profit of US$1.25 …
This flew under the radar? @ewarren (AND @BernieSanders) promised to withhold aid from Israel if they don't change their stance on settlements. AKA … A Quid Pro Quo. Why no fury from the PR Dept of the Democrats?https://t.co/FqANUF3w9c — Daniel …
by Fabius Maximus Summary: Cheers about the latest dead jihadist leader obscure a great truth: the War on Terror is one facet of a larger conflict. It is a clash of cultures. America is the attacker. We are winning. I see …
By Rodney Johnson I never understood WeWork. The company either purchased or took long-term leases on commercial properties. It dressed them up with Millennial-friendly details like beer taps and cool art, and then re-leased the space in very small increments …