Breaking news, updates, and reports on current events.
by cbus20122 Just something I find rather interesting right now. If you look back at the history of global markets since the GFC, we’ve had a spattering of issues around the world that have caused a lot of worry in the markets. Here are some examples of what we faced and moved past. Eurozone crisis of 2011 … Read more
by NaturalHedgehog Each day I go through the top rising and falling stocks today, and look for (a) what the company actually does, and (b) why the stock is moving so much. Hopefully this saves you some digging! Below are my notes from 10 December 2018 as of mid-morning. (This list is limited to … Read more
by John Rubino A few years ago the Swiss National Bank (SNB) – which traditionally held “monetary assets” like government bonds, cash and gold to back up the Swiss franc — decided to branch out into common stocks. This was a departure, but for a while a brilliant one. The SNB loaded up on Big … Read more
Lots of technical levels breaking down. We are on the precipice. https://t.co/qv4u3r61q1 — Paranoid Bull (@paranoidbull) December 10, 2018 https://twitter.com/i/status/1072017914897809408 The forward 12-month P/E ratio for $SPX is 15.4. This P/E ratio is below the 5-year average (16.4) but above the 10-year average (14.5). https://t.co/vBvAfpjIif pic.twitter.com/g61FpCzaL7 — FactSet (@FactSet) December 9, 2018 Equities have fallen … Read more
via @crossbordercap: Does The Flat US Yield Curve Really Matter?
the world is diving head first into a 2019 crisis pic.twitter.com/16piQJ6kA7 — Alastair (@StockBoardAsset) December 10, 2018 Russell 2000 Small Cap Index hits a 52-week low, down 18% from its all-time high in September. $RUT pic.twitter.com/0dLfQho7wP — Charlie Bilello (@charliebilello) December 10, 2018 The Bloomberg World Index is in danger of breaking support this morning. … Read more
by Kimble Charting This chart looks at the NYSE index over the past 20-years. During this time frame, this broad index has spent the majority of the past quarter-century, inside of rising channel (1). It broke above the top of the channel in 2016 and it experienced a very strong 12-month rally. Since the first of this year, … Read more
via dailyreckoning: One of the major drags on the market, besides trade wars, has been uncertainty about whether the Fed will raise rates this month. Despite the verbal bravado of Federal Reserve Chairman, Jerome Powell, over how strong the U.S. economy is, he doesn’t live in a vacuum. Powell’s borne the brunt of President Trump’s recent … Read more
via mises: In his speech to the Economic Club of New York on November 28 2018, the Federal Reserve Board Chairman Jerome Powell said that the US central bank’s policy interest rate is just below the neutral rate. This prompted many commentators to suggest that a tighter interest rate stance of the Fed is likely coming … Read more
by Alexander Trigaux, Editor, GoldSilver It’s time for our roundup of the big investment banks and where they predict the gold price will go in 2019. Their forecasts, while as fallible as any others, are worth paying attention to for one reason. These banks control enormous amounts of capital, so keeping an eye on where they … Read more
by DCG Daddy taught his daughter well… The apple didn’t fall far from the tree… From NY Post: She is her father’s daughter. Dominique Sharpton, daughter of shakedown artist Al Sharpton, scored a $95,000 settlement from the city over a sprained ankle — even though she had posted snaps of herself on social media climbing a … Read more
They are shutting the system down in france not threw violence but threw solidarity and road blocks. https://www.youtube.com/watch?v=42-bT1F8dbw&feature=youtu.be
A bear market is definitely coming, but a bull market will follow and any attempt to time the events is a fool’s errand, says certified financial planner Tim Maurer. Barry Glassman, CFP, Glassman cautions that “any time stocks go up 50 percent to 60 percent in a year means they can absolutely come down by … Read more
by tinimark This chart published on the BBC news website goes a long way to explain the recent unrest in France. I believe there are other issues that have been mounting too but this really does say a lot.
Just thought that FB employees feeling the need to use burner phones might be a hint at how thoroughly our phones are spying on us. via nymag: Facebook’s reputation has only continued to get more sullied in recent weeks, and it’s taking a toll on employees. According to a new report Wednesday from BuzzFeed News, things over … Read more
Randy DeSoto for the Western Journal reports, Former House Speaker Newt Gingrich laid into special counsel Robert Mueller on Fox News’ “Hannity” on Wednesday night, labeling the Russia probe a “Trump destruction project.” https://www.youtube.com/watch?v=P1ja1YjUDuM Read More/Source/Credit/FairUse: https://www.westernjournal.com/newt-g…
by Simon Black Last year, when Argentina offered a 100-year bond, I argued it was plain insanity. Argentina sold $2.75 billion of the debt… but the issue was nearly four timesoversubscribed. How could investors place so much faith in a country that spent most of its post-independence history defaulting on its debts. Plagued by a series of populist … Read more
via Meadow Clark: China is deploying emotional surveillance technology that mines data from the minds of its citizens. Essentially, they’re data mining by reading their brains. The light-weight sensory helmets have been rolled out on an industrial scale. The mind data-mining and emotional surveillance programs are eerily similar to trends in the United States to monitor … Read more
by axolotl_peyotl Patreon Bans Sargon of Akkad. This is part of the same ongoing coordinated harassment campaign being waged by the ideological left wing fringe. While many will make excuses for Patreon by stating that it’s their right to deplatform (censor) anyone they wish who uses their service, making these excuses now sets us on a … Read more
Alexei Koseff for the Sacramento Bee reports, A longtime top staff member of U.S. Sen. Kamala Harris resigned Wednesday after The Sacramento Bee inquired about a $400,000 harassment and retaliation settlement resulting from his time working for Harris at the California Department of Justice. https://www.youtube.com/watch?v=NF96ZXQiGuE Read More/Source/Credit/FairUse: https://www.sacbee.com/news/politics-…