Are we experimenting an house bubble period?
The chart here screams ”sell now if you don’t want to sell at -50% in the next 9 years” You USA, canada and UK landlords are warned h/t luchins
On Wire
Breaking news, updates, and reports on current events.
How vanguard avoids taxes on mutual funds
Like flipping a light switch, Vanguard Group Inc. has figured out a way to shut off taxes in its mutual funds. The first to benefit was the Vanguard Total Stock Market Index Fund. Investors’ end-of-year tax forms abruptly stopped showing capital gains in 2001, even as the fund went on to generate billions of dollars … Read more
With slowing growth & higher inventory home prices are heading lower.
via @GS_CapSF: Home prices apparently falling in Silicon Valley/Palo Alto per Core logic. Pull fwd of demand now seeing vacuum & construction declining.
Hong Kong’s GDP Grinds to near Halt at Dismal 0.5 per Cent Growth
via scmp: Sluggish economy continues to slide as finance chief blames a ‘weaker global economy and various external headwinds’ Smallest increase in city’s GDP growth since 2009 Hong Kong’s economy has grown at its slowest quarterly rate in nearly a decade, reduced to a near standstill by weak consumer demand and shock waves from the US-China … Read more
Global slowdown continues
global slowdown continues pic.twitter.com/p21gJIJaWK — Alastair (@StockBoardAsset) May 2, 2019 Key takeaways of Asia manu PMIs: a) Regional stabilization but growth remains weakb) Korea out of contraction but barely justc) Vietnam expands & gains from tariffs & cost arbitraged) Taiwan weak still & India Philippines & Malaysia slow. So worst is over but very L-shapy … Read more
JUSSIE SMOLLETT IS FINISHED! CAREER ENDING NEWS JUST CAME FROM FOX STUDIOS
FOX NEWS reports, Fox Entertainment’s hit show “Empire” was officially picked up for a sixth season — but without one of its controversial mainstays, Jussie Smollett. Fox Entertainment and 20th Century Fox TV issued a statement to Fox News on Tuesday, “By mutual agreement, the studio has negotiated an extension to Jussie Smollett’s option for … Read more
Ron Paul Institute director: “Hapless Guaido a huge liability to CIA now, worth more dead than alive”.
At dawn, US-backed and self-proclaimed president of Venezuela, Juan Guaido, announced the “final phase” of his coup against the Maduro government. While defections from the military are minor at this point, it is unknown whether the coup will reach critical mass. In the US, both Republicans and Democrats – who not long ago were furious … Read more
CNN Poll: Trump’s Approval Rating On Economy “Is The Highest Number We’ve Ever Seen”
A new CNN poll found a high approval rating for how President Donald Trump is handling the economy, with CNN’s David Chalian noting, “this is the highest number we’ve ever seen.” Be sure to like, subscribe, and comment below to share your thoughts on the video.
Ebola Increases: 27 Cases in a Day
“Not a global health emergency” says the WHO: https://tinyurl.com/yxkgdbyk
Venezuelan Coup Fails & So Does CNN
JD continuing to throw down the gauntlet of truth and calling out the war mongers in the US and abroad.
World’s Wealthy Packing Up And Moving As Tensions And Taxes Take Toll
Via ZeroHedge Rich people are picking up sticks and getting out of dodge, according to Johannesburg-based research firm New World Wealth, which notes that around 108,000 millionaires migrated across borders in 2018 – a 14% increase over 2017 and more than double the level in 2013. The top destinations? Australia, the United States and Canada, reports Bloomberg. Around 3,000 of the … Read more
25 Tornadoes reported in 5 states as heavy rain brings flooding.
Major storms swept through the central U.S., bringing dangerous weather affecting millions. READ MORE: https://abcn.ws/2GNMVFn
Crude Oil Rally Stalling? Stock Market Bulls Hope Not
by Kimble Charting The 4-month rally has been broad-based, with other risk-on assets like crude oil rallying in stride. This isn’t a surprise, as crude oil will often perform in line when the economy is on track. Currently, the correlation between stocks and crude oil remains up. But if crude doesn’t get its act together, it may become … Read more
Maduro’s Trucks Running Over Protesters. Shades of Tiananmen square
by Natura Naturans Running over protesters is not good.
Marc Chandler on the Fed and Financial Instability
By Justine Hall, FS There’s a common urban legend, said Marc Chandler, one the Federal Reserve even fosters— that the Fed kills business cycles. “People like Janet Yellen say the Fed is a murderer.” But to Chandler, this isn’t the case. On a recent Financial Sense Newshour podcast Chandler, of Marc to Market, discussed the Fed’s role in … Read more
Key Retirement Dates You Don’t Want to Forget
by FS For well-prepared investors, retirement milestones are something to be celebrated. However, getting to the big day stress-free takes a lot of organization and planning. Keeping key dates in mind is one of the most important aspects of planning ahead and mitigating stress. We’ve covered these retirement milestones in the past, and we receive … Read more
Upcoming Food Shortages Blamed on Farmers & Fishermen
Bankruptcies slamming american Dairy and Grain farmers which has a feedback loop of banks less willing to lend because of risk, so less land is planted because of lack of financing. Kenyan and Ugandan fishermen square off over Lake Victoria fish, a look food usage globally and the Galactic Cross.
Biden Just Took FULL RESPONSIBILITY For Something HORRIBLE He Did
Kevin Daley from The Daily Caller reports, Former Vice President Joe Biden said Monday that he takes personal responsibility for Anita Hill’s treatment during Justice Clarence Thomas’s 1991 confirmation hearings, amid mounting criticism from the left and Hill herself about the inadequacy of past apologies. https://www.youtube.com/watch?v=zVJZY53UWGw Read More/Source/Credit/FairUse: https://dailycaller.com/2019/04/29/bi…
There Are NO Trigger Events On the Horizon So Will Stocks Crash?
In order for a market to crash, there needs to be a TRIGGER. It could be a bank failure. Could be chaos in a city. Could be in a new invasion of a country. Could be a “Black Swan” event (A term everyone knows but never read the very detailed book). Regardless, we are here, … Read more
No Inflation My Fat Ass!
by Jim Quinn Check out your city’s real inflation. http://www.chapwoodindex.com/ The Chapwood Index reflects the true cost-of-living increase in America. Updated and released twice a year, it reports the unadjusted actual cost and price fluctuation of the top 500 items on which Americans spend their after-tax dollars in the 50 largest cities in the nation. … Read more