Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bloodletting beneath the surface. Big names too. Here they are. It’s barely a correction, technically speaking, with the S&P 500 down 9.9% from its all-time closing high, the Dow down 9.2%, the Nasdaq down 14%, and …
by Michael Snyder Your cellphone is a gold mine of information about where you have been, who you have been talking to, and what you have been doing online. And now a “mysterious new tool” is enabling law enforcement authorities …
Credit market, stock markets, carry trades, blow up just on this little move….. pic.twitter.com/uslkej6c6e — M/1_LP (@MI_Investments) November 22, 2018 When credit initially starts contracting it leads to more credit contracting NOT LESS until there is sufficient free credit …
via tobefrankj: The full article is here: https://www.theguardian.com/world/ng-interactive/2018/nov/20/revealed-one-in-four-europeans-vote-populist Graphics are made in d3 and animated with css. To conduct the research, the Guardian enlisted the help of more than 30 political scientists to assess which European parties could be considered …
A $9 trillion corporate debt bomb is ‘bubbling’ in the US economy Companies are carrying a $9 trillion debt load, posing a potential threat should rates continue to rise and the economy weaken. Most Wall Street bond experts think the …
by Shaun Richards Sometimes financial life comes at your quickly and at others it feels like it takes an age. The current Italian crisis has managed in typically Italian style to have covered nearly all bases as we note the …
by CelineHagbard Glenn Greenwald succinctly and insightfully explains the negative consequences of “ex” intelligence officers being paraded as the truth on mainstream media, using #Resistance to gain credibility from those who see Trump as a threat to democracy. Whether …
Prof. Richard Wolff explains why the $3 billion subsidy for one of the world’s largest corporations is a terrible waste of public money When really all of theses places should have said no, we are not going to pay a …
by WARREN MOSLER Not good: Highlights Yesterday’s housing market index may have unexpectedly plummeted but today’s housing starts and permits report, though soft, at least is in the ballpark of expectations. Starts in October rose 1.5 percent to a 1.228 million …
by jessefelder “To achieve superior investment results, you have to hold non-consensus views regarding value, and they have to be right. That’s not easy… The good news is that the prevalence of first level thinkers increases the returns available to …
From Birch Gold Group Home builders across the U.S. are struggling to come to grips with an incredibly toxic combination of rising rates and lack of affordability in the housing market. National Association of Home Builders (NAHB) Chairman Randy Noel downplayed the situation, saying customers …
From Jim Rickards, Editor, The Daily Reckoning: One of the questions I am asked most frequently in my global travels is what will be the cause of the next financial crisis. This question is asked by those who understand that this …
via @OccupyWisdom : Inflation = expansion of money supply What people think inflation is = price increases Sound money = price stability Debt money = price instability
by kit8642 2016 Protest to the North Dakota Pipe Line protest 2011 – Occupy Wallstreet NYC 2011 Oakland Occupy Protest Iraq vet shot in face with gas canister and flash bang thrown when people tried to help 2 week later, …
by Chris Sometimes there’s a glitch in the quote feeds for a minute, or two. Rarely for five whole minutes. So I let a very bizarre VIX (a huge slam lower) reading go by for five minutes before I thought …
by Michael Snyder What gives you a sense of meaning and purpose in life? That may seem like a very unusual question, but I believe that it is a very important one considering how deeply unhappy our society currently is. Everyone needs …
by Michael Snyder Thanksgiving week was not supposed to be like this. Normally things are slow in the days leading up to Thanksgiving as investors prepare to gorge themselves with turkey and stuffing as they gather with family and friends. …
by FS Financial Sense Newshour spoke with Ryan Sweet, director of real-time economics at Moody’s Analytics, to discuss his forecast for a holiday spending boom and 2020 bust. Ryan is considered one of the most accurate high-frequency forecasters of the …
This is actually happening. pic.twitter.com/0r8kv8MtMC — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) November 20, 2018 Ready for the next Chinese Devaluation?? Better get ready! https://t.co/DIQiIFkRJ9 — mcm-ct.com (@mcm_ct) November 20, 2018 https://twitter.com/hks55/status/1065009000025079808 "The cracks in the credit market are widening …
via valuewalk: One can’t help but walk away from Europe worried and concerned. The Continent is long on bickering and skepticism and short on unity and solidarity – all of which is threatening the EU’s fragile cyclical economic expansion and the global earnings …
Chris Gaffney, president of World Markets at TIAA Bank joins Remy Blaire at the NASDAQ MarketSite to weigh in on global growth expectations heading into year-end. Gaffney offers his take on the trajectory for the Federal Reserve and considers the …
via Jeremy Hill A credit market guidepost suggests the turmoil in high-grade bonds isn’t over yet. The CDX investment-grade index, a measure of the cost of default protection for high-grade bonds, surged during the trading day Monday and at one point …
by Kimble Charting This chart looks at Junk Bond Fund (PHDAX) and the S&P 500 over the past 25-years. Junk bonds sent bearish messages “before stocks peaked in 2000 & 2007.” Bearish divergences took place for 24-months in 2000 and 7-months in 2007, …
via eyeball1234: I tried to incorporate as much feedback as I could from my last post. This viz shows the home price for 200 cities around the globe, organized according to an “affordability index” that reflects the ratio of price …
via asherfergusson: My data sources were mostly government websites: Federal Aviation Administration Bureau of Transportation Statistics U.S. Customs and Border Protection Airports Council International – Aircraft Movements Airports Council International – Passengers Airports Council International – Cargo I visualized the …
global slowdown is coming pic.twitter.com/76WjQdNNC3 — Alastair (@StockBoardAsset) November 19, 2018 Morgan Stanley Calls It: "We Are In A Bear Market" https://t.co/MHNd8yczng — zerohedge (@zerohedge) November 19, 2018 US High Yield credit spreads move up to 418 bps, widest since …
by Chris Bitcoin-Rigging Criminal Probe Focused on Tie to Tether Nov 20, 2018 As Bitcoin plunges, the U.S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether …
by Michael Snyder Job cuts and layoffs are coming fast and furious now as the U.S. economy really starts to slow down. We haven’t seen anything like this since 2008, when millions of Americans lost their jobs in just a …
by Michael Snyder These large stock market declines are starting to become a regular thing, and tech stocks are getting hit particularly hard. But we have been in a bull market for such a long time that many investors are having …
by Jesse Colombo In early October, when the U.S. stock market had reached an all-time high and investor sentiment was extremely complacent, I published a warning in Forbes called “Why Another Market Volatility Surge Is Likely Ahead.” I showed three indicators that …