Breaking news, updates, and reports on current events.
by Shaun Richards On Saturday economists gathered to listen to the former Chair of the US Federal Reserve Ben Bernanke speak on monetary policy in San Diego. This is because those who used to run the Federal Reserve can say things the present incumbent cannot. So let me get straight to the crux of the … Read more
by The Phoenix Stocks were sold on Friday, falling to test the first line of support we outlined last week (top red line). That line held and the S&P 500 remains within a bullish rising channel we have been following since mid-October 2019. If we break here, we have more support at 3,150 (lower red line). … Read more
https://burnmargin.com/feed/ Please also follow us on Facebook, Feedly, Twitter: Facebook: https://www.facebook.com/Inves… Twitter: http://twitter.com/InvestWatchBlog JUST A REMINDER: I get paid based on ad revenue now, so if you wouldn’t mind whitelisting IWB if you run an ad blocker that would be great. Or some people hit the PayPal donation button, which is also great. This site reached its … Read more
by Michael Snyder An entire continent is being transformed into “a charred, apocalyptic nightmare”, and experts are telling us that a billion animals may have already died so far in the horrific wildfires that are raging all across Australia. Extremely strong winds and record high temperatures are going to create ideal conditions for the fires to … Read more
And the year has just started. By MC01, a frequent commenter on WOLF STREET: In South Korea: Hyundai Development Company (HDC) and Mirae Asset Daewoo (MAD) were “selected” in November by the Korean government as “preferred bidders” to purchase a large share in the country’s second largest airline, Asiana, whose financial troubles we have previously covered. Asiana’s financial situation has … Read more
Not even house dems: http://archive.ph/wip/I0hqU
Investors are all-in financial assets at an historic bubble. When the entirety of Wall Street has bought into the popular delusion, you have likely finally reached the peak. Any number of catalysts can prick it. How many of these reports even mentioned war with Iran as a risk? https://t.co/d2QIDrExB3 — Kevin C. Smith, CFA (@crescatkevin) … Read more
by UPFINA With stocks on a high note, it’s easy to see numerous potential catalysts that could throw it into a correction. However, it’s up to investors to determine which potential catalyst has a negative enough expected value to end this great streak. One potential negative catalyst the stock market is ignoring is Bernie Sanders’ increasing … Read more
Well, known technical Analyst Louise Yamada gives here outlook on gold in this emerging bull market.
CBC article puts political spin on display (Link to relevant articles below) https://www.cbc.ca/news/politics/cons… https://www.cbc.ca/news/politics/crit…
(Bloomberg) — Nine U.S. states’ economies are expected to slide into contraction within six months — the most since the financial crisis ended more than a decade ago, according to the latest projections from the Federal Reserve Bank of Philadelphia. West Virginia’s economy is forecast to shrink the most, while a decline in neighboring Pennsylvania … Read more
via mishtalk According to new IRS documents for 2017 and 2018, people are fleeing Illinois in record numbers. New IRS data confirms Record Number of Illinoisans Leave State as Tax Base Continues to Shrink. The IRS has just released new domestic migration data for both 2017 and 2018 and it shows Illinoisans left the state in record numbers. In … Read more
Don’t go full apesh*t… remember the fed is still printing money….. however, this gives managers a reasons to sell positions h/t GeezIjustdontknow Disclaimer: Consult your financial professional before making any investment decision.
h/t Deonneon
by BadaBing___BadaBoom This is a list of likely scenarios I’ve compiled and am picking through to find specific companies, ETFs, and etc. to bet on. Iran has never waited too long to respond, because the regime is insecure with their قضيب (qadib) size. Boat seizures in Gulf, everyone knows they’ll do it. Shipping is going … Read more
by Tom McClellan The efforts of the Federal Reserve to inject extra liquidity into the banking system over the past 2 months have helped to fuel the year-end (2019) rally. Questions remain about how long the Fed may choose to keep up that effort, and whether the Fed has enough ink in the printing presses to … Read more
via wallstreetonparade Margot Robbie in the Movie, “The Big Short,” Which Focused on How Derivatives Blew Up Wall Street in 2008 By Pam Martens and Russ Martens: January 3, 2020 ~ Lily Tomlin is credited with the quote: “No matter how cynical you get, it is impossible to keep up.” Wall Street regularly brings that message … Read more
The world’s advanced economies are trying to keep their balance on an unstable platform of high consumption, asset prices and household debt as we enter the 2020s. Any significant shock or increase in volatility could trigger “doom loops” that compromise the economic and financial systems. The great recession ended more than a decade ago. In recent … Read more
Authored by Ritesh Jain via WorldOutOfWhack.com, …’Cause I’ve had the time of my life..and I owe it all to you.. The original song from Dirty Dancing is one of my all time favourites and somehow reminds me of the Global Markets performance this year.Every conceivable asset class (except cash) posted positive returns ,thanks to the … Read more
