Breaking news, updates, and reports on current events.
via Money Metals: It’s amazing what passes as a market these days. Stocks rallied during the Christmas week, and the mainstream financial press would like you to believe bargain hunters swooped in after the weeks of heavy selling to grab some deals. The truth is there are very few actual people still evaluating the merits of … Read more
Plastic waste inputs from land intothe ocean – Science Magazine This isn’t shocking. Look up the carbon output of China alone. Leftists want to save the world but don’t even know who they’re fighting against. Sad! h/t afriendlyalt
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter So, how hot is the Chinese Renminbi? And is the euro dead yet? The US dollar’s role as global reserve currency is defined by the amounts of US dollar-denominated assets – US Treasury securities, corporate bonds, etc. – that central banks other than the Fed are holding in their foreign exchange … Read more
by Charles Hugh-Smith The story of the 21st century is debt is soaring while earned income is stagnating for the bottom 95%. Best wishes to all my readers and correspondents for a safe, healthy and productive 2019. Thank you, longstanding supporters, for renewing your financial support at the new year without any pathetic begging on my … Read more
by Michael Snyder Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade. Not since the last financial crisis have we had a year like this, and many believe that 2019 will be even worse. And of course the truth is that stocks … Read more
by Lance Roberts The biggest problem for investors is always the bull market itself. When the “bull is running” we believe we are smarter and better than we actually are. We take on substantially more risk than we realize as we continue to chase market returns and allow “greed” to displace our rational logic. Just as with gambling, success breeds overconfidence … Read more
Stocks Post Worst Year In Decade… Wall Street concluded a tumultuous 2018 on Monday as the major stock indexes posted their worst yearly performances since the financial crisis. After solid gains on Monday, the S&P 500 and Dow Jones Industrial Average were down 6.2 percent and 5.6 percent, respectively, for 2018. Both indexes logged in their biggest annual losses … Read more
Watch the latest video at foxnews.com House Republicans unceremoniously ended their investigation into the way the FBI and the Department of Justice handled Hillary Clinton’s email scandal and the bias allegations against President Trump. The House probe was led by the House Oversight and Government Reform Committee and the Judiciary Committee and sought to look … Read more
by Graham Summers of Gains, Pains & Capital Last week’s rally was the result of multiple interventions. “Someone” took advantage of the extremely light holiday volume to ramp markets higher via indiscriminant buying. The media is trying to portray this action as the result of “investors” or “value seekers” but neither of those groups was involved. This was … Read more
via theblockcrypto: List of concrete predictions Name Position Prediction for 2018 Date of prediction Pierre Rochard Founder of Bitcoin Advisory $100,000+ December 6, 2017 Ronnie Moas Founder of Standpoint Research $28,000 December 21, 2017 Julian Hosp Co-Founder and President at TenX $5,000 and $60,000 December 26, 2017 John Pfeffer Partner at Pfeffer Capital $75,000 January 9 … Read more
by Ron Paul of Ron Paul Liberty Report It’s been reported that (just) the interest payments on the U.S. government’s debt will be larger than Medicaid in less than 2 years, and larger than the military budget in 6 years. The math is finally catching up with the big government. Supply & Demand is finally catching up to … Read more
via Danielle Park “We are in a bear market, and a bear market is not just going to end in a couple of months considering the ten years of a bull market,” the chief investment officer at Bleakley Advisory Group said Thursday on “Futures Now. ” Boockvar, also a CNBC contributor, acknowledged the market has been … Read more
https://www.youtube.com/watch?v=hBX680Ga60c For More Information See: https://nypost.com/2018/12/27/trump-w… https://www.newswars.com/watch-live-c… https://www.theverge.com/2018/12/27/1… https://www.telegraph.co.uk/news/2018… https://einarflydal.files.wordpress.c…
via forbes: According to the Cryptocurrency Anti-Money Laundering Reportfrom Ciphertrace some $927 million had been stolen from cryptocurrency exchanges in the first three quarters of 2018 alone. That total will almost certainly have hit, if not smashed straight through, the $1 billion mark by now. So, who were the hackers behind the heists and how did they … Read more
by Dana Lyons 12 months ago, stocks entered 2018 firing on all cylinders as much as any point in the past several years. The market was setting records in terms of both the strength of its uptrend as well as its lack of volatility. Practically all stock segments were hitting new highs and it seemed that 2018 might … Read more
By Harry Dent It’s no secret that our Federal debt has more than doubled since the onset of the last recession in late 2007. It’s gone from $10.1 trillion to $23.6 trillion. That’s an 134% increase in just 11 years! And now Trump’s business tax cuts are pushing that debt higher still. It’s now at … Read more
by DCG UK taxpayers cough up a lot of money for their socialized healthcare program known as NHS. Keep in mind that some 60% of the NHS budget is used to pay staff. And according to Wikipedia, “The NHS is underresourced compared to health provision in other developed nations. A King’s Fund study of OECD data from 21 … Read more
“China on Saturday approved the release of 80 online video games after a freeze on such approvals for most of the year. However, the approved titles … did not include games from industry leader Tencent Holdings Ltd China, the world’s biggest gaming market, stopped approving new video games in March amid … growing criticism of … Read more
https://www.fool.com/investing/2018/12/29/walmart-wants-to-deliver-groceries-right-to-your-f.aspx Amazon.com is probably further along on this idea than anyone. Using a special smart lock set and an Amazon security camera, the Amazon Key system allows packages to be placed inside your home. Using a smartphone, you can watch the door opened, your package placed inside, and the door closed and locked again. Walmart is … Read more
via Andres Cardenal, CFA Summary Nobody can predict bull and bear markets, but some indicators do a sound job at providing capital protection during bear markets. The stock and bond markets are interconnected, and we can learn a lot about the health of the stock market by watching price action in the bond market. When stocks … Read more
by Simon Black When all the tribes of Israel still lived in their holy land, they practiced something called the Jubilee. According to the Book of Leviticus, the Jubilee existed because the Israeli land actually belonged to their god Yahweh…. and the current owners were just borrowing it (sounds like land ownership today – try not … Read more
by WARREN MOSLER Not good: California Home Sales Slowest For An October In Seven Years (Econintersect) California home sales fell year over year for the third consecutive month, hitting a seven-year low for an October, as affordability constraints and a more cautious stance by many would-be buyers continued to weigh on the market. Interesting. Wonder … Read more
from Financial Survival Network Gerald Celente knows that the elite rulers of our country can’t seem to get enough endless wars. They seem to thrive upon them. So many political and military leaders want Afghanistan to continue forever, with no end game or goal in site. Same with our involvement in Syria. But President Trump has had … Read more
CNBC, Released on 12/24/18 *This interview was recorded on 12/24/18 Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.
https://www.youtube.com/watch?v=C-1dcft5j2Y California state tax protest 2019. If savages can breaks laws and be rewarded – wait until civilized Californians start breaking laws… the ones that count. WCAM