Is this 5% rally a trend reversal or bear market rally?

https://twitter.com/OccupyWisdom/status/1078040352534290433 https://twitter.com/OccupyWisdom/status/1078008035434479621 ICYMI: "While we don’t observe conditions to indicate a 'bottom' from a full-cycle standpoint, we do observe conditions permissive of a scorching market rebound. Yes, that means one or more daily moves of ~100-150 points on SPX and 900-1300 on the Dow. You think I’m kidding." https://t.co/jrKepMpSHN — John P. Hussman, Ph.D. (@hussmanjp) … Read more

German Hyperinflation & the Dawes Plan

by Martin Armstrong The German Hyperinflation was by NO MEANS about inflation created by an increase in the money supply under the Quantity Theory of Money (QTM). Today, Angela Merkel has forcefully imposed Austerity upon the whole of Europe because she really does not understand what even caused the hyperinflation. It was at the Palace of Versailles outside … Read more

Mastercard Releases First Tabulated Holiday Sales Report With Whopping 5.1% Increase

by sundance As CTH anticipated the first tabulated holiday sales report via Mastercard® shows the results of a very strong consumer confidence level.  The first report highlights a very strong 5.1% increase in holiday purchases: “Wall Street is running around like a chicken with its head cut off, while Mr. and Mrs. Main Street are happy with their … Read more

Boom! Santa Came Late!

by Chris The long-anticipated “”market”” rally arrived today, almost certainly with some assistance from the Trump administration.  I do wish the Deep State would make up its mind.  Is it trying to dump Trump or help him?  Today it helped him, made him look like a postiviely genius market timer. Over 116 S&P points, and … Read more

Keith Weiner: Are Stocks Overvalued? Is $10,000 Gold And The Collapse Of The Dollar Coming?

by Keith Weiner of Monetary-Metals We could also have entitled this essay How to Measure Your Own Capital Destruction. But this headline would not have set expectations correctly. As always, when looking at the phenomenon of a credit-fueled boom, the destruction does not occur when prices crash. It occurs while they’re rising. But people don’t realize it, then, … Read more

TRUMP Fox and Friends 12/26/18 | Gov’t Will Not Reopen until Wall is Settled; Judge Jeanine Pirro to President Trump: Keep Up Border Wall Shutdown – “This is Your Moment in History”

https://youtu.be/20OI1r0SRX0 He told them in March he wouldn’t sign another bill like this again.   Judge Jeanine Pirro to President Trump: Keep Up Border Wall Shutdown – “This is Your Moment in History” (VIDEO) President Trump spoke with reporters on Christmas morning in the White House. The president said he will continue the shutdown until America has … Read more

Visualizing the Extreme Concentration of Global Wealth

via visualcapitalist: In recent decades, extreme world poverty has declined significantly and many millions of people have joined the swelling ranks of the middle class – particularly in China. While these economic shifts are positive, it’s the other end of the global wealth spectrum that attracts the most attention. A high degree of wealth creation is amassed by … Read more

Forbes: A Worldwide Debt Default Is Coming

via Forbes: When Oracle rolled out its Autonomous Database earlier this year, Executive Chairman and CTO Larry Ellison thought the biggest selling point would be that it eliminates the cost of human labor to patch, tune, upgrade, and secure the database. Another big selling point was that it eliminates human errors, since all of that work happens … Read more

Facebook is the ‘biggest concern’ among the FAANG stocks, analyst says

Facebook is the ‘biggest concern’ among the FAANGs: Analyst from CNBC. Wang said many of Facebook’s trust woes have been “centralized” around Chief Operating Officer Sheryl Sandberg, who was in the spotlight after a New York Times report in mid-November about the executive and the social media media company’s internal operations. The Times report came on the back … Read more

Presidential history of market timing. They have been pretty good.

Presidential history of market timing. They have been pretty. darn. good. pic.twitter.com/h9of1Gmtl9 — SentimenTrader (@sentimentrader) December 25, 2018     Trump, the Perpetual Stock Bull: “Really a Great Opportunity to Buy” “For Trump, the stock market has served as a barometer on his administration, and while he was pointing out virtually every major uptick for … Read more

The U.S. equity market meltdown in numbers

via thistimeitisdifferent: Records are being broken shattered … Technically, a bear market is a 20% or more drop from a recent peak. The S&P 500 is down 12.06% in 2018 (so far), the most since 2008. It is also down 20% from its peak of 2,940.91 so technically in a bear market. The S&P 500 is down 14.82% in December … Read more

2019 high odds the Bear continues. Global Liquidity far too tight… Central Banks to blame…big error

via @crossbordercap: Crashing Global Liquidity is making bonds look pretty good again… Post-G20, The US Dollar Is Armed And Pointed At Europe For 2019. Could Capital Flows Be The Trigger? http://bit.ly/2SnIdSX How Low Can They Go? Major Central Banks – China Apart – Tighten Further In current US$ terms, policy liquidity is shrinking at an even … Read more

The change in iPhone prices

via statista: The unveiling of the iPhone X was the most eagerly anticipated part of Apple’s launch extravaganza yesterday. The new handset made a daring design move in ditching the home button while it now boasts a facial scanner and the ability to make animated emojis. For some fans, the enthusiasm of the event and the enormous hype … Read more