Earnings recession is nearly certain with 90% of S&P 500 having reported

via MarketWatch: An earnings recession is now nearly certain. With 456 of the 505 S&P 500SPX, -0.66% components, or 90.3%, having reported second-quarter earnings through Friday morning, the blended year-over-year EPS growth estimate is negative 0.72%, with six of the 11 sectors showing declines, according to FactSet. That means the remaining 49 companies have to report EPS … Read more

How Do Rate Cuts Affect The Stock Market?

via upfina: Q2 earnings season has mostly finished, which makes it a great time to review results. Even though earnings drive stocks, the topic has been swept under the rug because of the trade war and monetary policy news. To be fair, the trade war and Fed rate cuts affect earnings. However, we can’t ignore the … Read more

The Sharp Pullback Of The Past Few Weeks May Be The Start Of Some Painful Deja Vu

by Dana Lyons Are optimistic expectations setting investors up for disappointment…again?   Markets like to “climb a wall of worry” as they say. Of course, the rationale is that an abundance of worry on the part of market participants suggests that there is ample money “on the sidelines” available to enter the market and perpetuate a … Read more

Saturday protests: Yellow Vests Act 39 + HONG KONG antigovernment protest – August 10th LIVE STREAMS

Protesters from the “Yellow Vests Movement” take to the streets of the French capital for the 39th week in a row on Saturday, August 10, to demand better tax and social policies in the country.  Last Saturday demonstrations against police brutality in Nantes, which some “Yellow Vest” protesters called for people to join on social … Read more

Time Is Almost Up For U.S. Shale

By Nick Cunningham A top U.S. shale executive said that it may only be the Midland basin in the Permian that can grow production beyond 2025. Aside from Midland, every other shale basin may be on borrowed time, with the best acreage already picked over and oil prices languishing below $60 per barrel. It’s been … Read more

EPSTEIN IS DEAD!

ABC NEWS SPECIAL REPORT: Jeffrey Epstein commits suicide overnight in his jail cell, officials tell @ABC News. https://t.co/Co4vIMzfHW — ABC News (@ABC) August 10, 2019 Convicted pedophile Jeffrey Epstein died overnight in an apparent suicide, law enforcement sources told the Post Saturday. A gurney carrying a man who looked like Epstein was wheeled into New … Read more

Raising Livestock Off-Grid: Everything You Need to Know

by Amy S.  Many off-grid homesteaders choose to raise livestock somewhere along the path to self-sufficiency. Guest Author Raising your own livestock allows you to avoid the additives and potential diseases found in supermarket meat and dairy products and can also improve the way you operate your homestead by providing much more than food. Before you … Read more

The Money-Class is Always the First to Respond

by Martin Armstrong QUESTION:  Dear Mr. Armstrong, reading your blog daily I am wondering how much and what exactly has to change in the peoples’ minds apart from the global changes that will manifest through all that is in alignment according to cycles that you have presented to the world. You are one of the few … Read more

One of World’s Construction Giants Admits Using Risky Hidden-Debt Loophole “Across Group.” Australian Subsidiary Crushed

This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed. By Nick Corbishley, for WOLF STREET: The world’s seventh largest construction and services company (by sales), with subsidiaries around the globe, Grupo ACS, has revealed it is making extensive use of reverse factoring, a controversial financing technique that played a key role in the collapse of UK … Read more

Brick & Mortar Meltdown’s Ugly Week in Record-Ugly Year

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Store liquidations in 2019 have blown past the full-year record set in 2018. The phenomenon of the Brick-and-Mortar Meltdown is proceeding with relentless momentum, trailing in its wake store closings, job losses, bankruptcies, and liquidations. Just this week: A’Gaci, a young women’s fashion retailer based in Texas, filed for Chapter 11bankruptcy protection on Thursday, … Read more

Unsealed Documents Name Powerful Men in Epstein Sex Ring… Ex-Senator, Governor, Hedge Fund Manager, Professor… Prince Andrew exposed

Unsealed Documents Name Powerful Men in Epstein Sex Ring…  A young woman who says financier Jeffrey Epstein and socialite Ghislaine Maxwell kept her as a sex slave also accused a host of high-powered men of being involved in Epstein’s alleged sex-trafficking ring, according to court records unsealed Friday. Virginia Giuffre, who says that Epstein and Maxwell trafficked her … Read more

Is Buffett Just Wrong?

by Martin Armstrong QUESTION: Warren Buffet has been a value investor and has only been interested in profits. You have explained that the trends shift and profits will yield to capital preservation. Would you say that Buffett is just wrong on his views? JV ANSWER: There is absolutely no relationship you will EVER discover that remains constant if you … Read more

Stocks Haven’t Seen The Top Yet?

by Dana Lyons One seasonal statistic suggests July was not a major top in the stock market. Stock investors have had a rough week (at least up until today). However, in addition to today’s rally, there may be a historical and seasonal cause for hope that the bull market is not done just yet. That’s because … Read more

Market’s flight-to-safety: should you buy stocks now?

by Troy The stock market and bond yields recovered today from an early morning decline. Meanwhile, financial markets have exhibited some extreme flight-to-quality over the past few days. Today’s headlines: Lots of gaps Put/Call ratio remains high Flight to quality: part 1 Flight to quality: part 2 Similarities between today and 2016 Bullish Percent falling … Read more