On Wire

via CBSNEWS: Paris (CNSNews.com) – With European elections scheduled for next May, momentum is growing for the so-called Yellow Vests protest movement here to transform itself into a political party, a step that could shake up the French political scene. The national secretary of the French Communist Party, Fabien Roussel, is calling on supporters of … Read more

Asian Debt Defaults to Rise as Currencies Weaken, Liquidity Tightens China, India cited as main spots to watch for more nonpayments Shadow banking crackdown, rising rates hurting weak borrowers A growing chorus of observers expect debt defaults in Asia will spread as weakening currencies and tighter liquidity leave riskier borrowers with higher refinancing costs. Rising … Read more

Despite the analyst’s bearish outlook, Apple watchers more generally are still overwhelmingly bullish. According to Reuters, Apple currently has 13 “strong buy” ratings from analysts, 10 “buy” and 20 “hold” ratings, with no “sell” or “strong sell” ratings. These analysts have an average target price of $215 a share. The stock currently trades at $157 … Read more

via mansionglobal: Where have all the buyers gone? It’s a tune sellers in many key luxury real estate markets will be singing in 2019, as political and the economic uncertainty put a damper on sales from London to Los Angeles. Would-be buyers in the U.K. will be waiting for the worst of the Brexit process to … Read more

https://twitter.com/OccupyWisdom/status/1078187419898470400 2018 Returns…Cash $BIL: +1.7%Bonds $AGG: -0.5%Gold $GLD: -3%High Yield $HYG: -4%Investment Grade $LQD: -4%US REITs $VNQ: -10%S&P 500 $SPY: -11%International REITs $VNQI: -11%Commodities $DBC: -12%MSCI World ex-US $ACWX: -17%Emerging Markets $EEM: -18%Oil $USO: -25% — Charlie Bilello (@charliebilello) December 24, 2018 Last bubble peak in 2008 vs today (WSJ chart) 🙉🙊🙈 = the Fed … Read more

$SPX So if today was the trading cycle low let’s discuss what that means. 1) Average trading cycle is 30-40 days from low to low2) We are in a bear market so next low will likely be Lower.3)The key is now price and time from whence to reload. 4)Faster peak is very bearish! pic.twitter.com/vW37BrXukq — … Read more

“The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time. If the velocity of money is … Read more

CHINA DEPLOYS NEW RADARS AND SURVEILLANCE EQUIPMENT IN THE SOUTH CHINA SEA: From the News.com.au report: China has installed a new platform in the Paracel Islands of the South China Sea, with satellite images revealing Beijing’s continuing quest for power in the disputed area. Recent satellite imagery shows a new structure that appears to be … Read more

  Also, remittances total about $650 billion to Latin America from the U.S. since 2000, ~1/3 to Mexico, which grease the palms of corrupt government employees. And the drug money in the U.S. of about $110 billion yearly. And approximately 2 million children per year to the U.S. from Latin America in human trafficking. US … Read more

via townhall: Each of the nation’s 20 wealthiest congressional districts, when measured by median household income, will be held by Democrats in the upcoming Congress. Republicans did not win one. These districts are not broadly dispersed. Only one is not on the East or West Coast. Seven are in or near New York City. Five are … Read more