Press Statement Michael R. Pompeo Secretary of State Washington, DC December 20, 2018 Today the United States Government announced historic action to confront the illegal immigration crisis facing the United States. We notified the Government of Mexico that the United …
by WARREN MOSLER So for every agent that spent less than its income, another must have spent more than its income, or the output would not have been sold. It’s an ex poste identity for any currency. That means that …
Today with all the other wonderful financial news, DB shares went under $8. The merger with Citi has obviously fell apart. now the German government is scrambling to Merge DB with Commerce, Germany’s second largest. This is like tying a …
by Chris I know I should not be surprised by this on CNBC, but still, I found its shamelessness staggering… https://www.cnbc.com/2018/12/20/cramer-fed-rate-hikes-widen-wealth-gap-b… From the article: CNBC’s Jim Cramer, a critic for months of the Federal Reserve’s path higher for interest rates, …
via @Hedgeye: -6% -8% -12% -13% -14% -15% -15% -15% -16% -16% -16% -17% -19% -19% -19% -21% -22% -24% -24% -29% -31% Global equity market capitalization hit new lows today. 1/28/2018: $87 trillion 12/20/2018: $70 trillion In other …
NEW YORK (Reuters) – There is no more mistletoe hanging above the markets. The romance U.S. fund investors once had with the stock market was put to rest in 2018 when buy the dip turned into sell the rip. …
by confoundedinterest The US Treasury 10Y-2Y slope just breached the 10 basis point barrier. And with that, gold is rising. Yes, we are on the inversion express. With gold as the protection. All aboard! Jerome Powell is engineer.
by Michael Snyder The Federal Reserve has decided not to come to the rescue this time. All of the economic numbers tell us that the economy is slowing down, and on Wednesday Fed Chair Jerome Powell even admitted that economic …
by Michael Snyder Many conservatives are absolutely furious that President Trump has reversed course and has decided not to fight for funding for a border wall. With the Democrats poised to take control of the House of Representatives in January, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West. Sales of existing homes — including single-family houses, townhouses, condos, and co-ops — in November, dropped 7.0% from November …
by WARREN MOSLER Up some but the chart not looking so good: Highlights Mostly goods news finally greets the housing sector as both starts and permits are showing an uplift in November results that top Econoday’s consensus range. Starts jumped …
by Shepyd Republicans are not happy about @realDonaldTrump tweet declaring victory over ISIS and withdrawing U.S. troops from Syria https://t.co/uUu4bmNbov — Andrea Mitchell (@mitchellreports) December 19, 2018 When presidents normally “wag the dog” they start a war. Trump is unique …
via visualcapitalist: The real estate market is a location game. While forces like interest rates, demographics, and the economy help drive the housing market as a whole, the strength of your local market depends on other factors closer to home. When …
from Financial Survival Network Heather Wagenhals thinks this could be the merriest of Christmas for the online scammers. Their latest scheme is to redirect potential marks to sites that appear to be legitimate shopping sites. The unsuspecting victim believes they’re placing an …
Air Freight & logistics index is getting crushed in a global slowdown. This tells me that any rally is not sustainable in stocks b/c global macro is quickly deteriorating pic.twitter.com/yOHBMpxb9E — Alastair (@StockBoardAsset) December 19, 2018 In a matter of …
https://twitter.com/NorthmanTrader/status/1075362089781354496 https://twitter.com/NorthmanTrader/status/1075359150144671744 pic.twitter.com/ib0p6TQeOz — M/1_LP (@MI_Investments) December 19, 2018 https://twitter.com/OccupyWisdom/status/1075385528374226944 Yield Yield Yield – this chart says we are PRESENTLY IN A MAJOR BEAR MARKET NOW $SPX pic.twitter.com/TBpOGeipQN — mcm-ct.com (@mcm_ct) December 19, 2018 Corp bond issuance,,,,,same double top formation …
Jason talks about leading economic indicators like demand for chemicals for the auto, housing and electronics as well as Chinese demand for chemicals flashing warning signals and FedEx, who ships goods for consumers and businesses all over the world warning …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The vengeance of share buybacks: buyback queen Apple plunges. In the third quarter, share buybacks by S&P 500 companies totaled $203.8 billion, according to S&P Dow Jones Indices today. These are actual buybacks, not hyperventilated announcements …
by ogordained UNITED STATES Futures are pointing to a positive opening this morning amid progress on US-China trade talks The Fed will make a statement at 2pm likely increasing rates for the fourth time Elon Musk unveiled his Boring Co. underground tunnel and allowed guests to …
by Michael Snyder The Federal Reserve is responsible for creating the stock market boom that we have witnessed in recent years. Are they now also setting the stage for a stock market bust? After hitting an all-time high earlier this year, …
From Bill Bonner, Editor, Bill Bonner’s Diary: BALTIMORE, MARYLAND – The last leaves are falling from the trees. And the last days of December are counting down, like the quiet moments before an execution. Friday, the Dow fell nearly another 500 …
https://twitter.com/OccupyWisdom/status/1074999208338472961 https://twitter.com/OccupyWisdom/status/1075063005052891141 The last time the S&P 500 Index fell this much in the period between two policy gatherings was the collapse of investment bank Lehman Brothers Holdings Inc. in 2008.: https://t.co/Xt1lihhnZv via @jeffkearns pic.twitter.com/GDysPZ4KM6 — Alister Bull (@alisterbull1) December …
by Kimble Charting The Wilshire 5000 is a must-follow stock market index that measures the market in its broadest form. So when this index flashes caution, it’s best that investors pay attention. For the past 30 years, the Wilshire 5000 has traded within a …
by Thinker Why isn’t the mainstream media covering the Clinton Foundation Hearing??? While evidence is being exposed to the people, shouldn’t it be a major news event??? Fox news shows up, and the rest are filming an “ASS” or sports …
FRANKFORT – In 2000, Kentucky’s public retirement plans were fully funded. Since then, they’ve accumulated nearly $43 billion in debts — making Kentucky’s pension system one of the worst-funded in America. Determining exactly how Kentucky got into this mess is …
by Dr. Eowyn A stroke is a medical condition in which poor blood flow to the brain results in cell death and part of the brain not functioning properly. There are two main types of stroke: Ischemic, due to lack of blood …
Investors rush into bonds in record numbers as global economic outlook falls to worst in 10 years “This month’s survey [found] the biggest ever one-month rotation into the asset class” of bonds, Bank of America Merrill Lynch says. The monthly …
by David Haggith It’s downright wintry on Wall Street right now. Firmly establishing the worst start of a December for the US stock market in 38 years, all three major stock indices plumbed the greatest depths they have hit all year … …
by Michael Snyder U.S. stocks have not fallen this dramatically during the month of December since the Great Depression of the 1930s. On Monday, the Dow Jones Industrial Average lost another 507 points, and it is now down more than 1,000 …
via confoundedinterest: (Bloomberg) Here’s another reason Donald Trump is “not at all happy with the Fed” and will continue to be frustrated by the world’s No. 2 economy. He is the first president to suffer the new normal of China becoming more creditworthy than …