Breaking news, updates, and reports on current events.
by Troy The economy and stock market move in the same direction in the medium-long term. Hence, leading economic indicators are also leading indicators for the stock market. Thoughts Inflation-adjusted personal consumption expenditures are trending sideways. Suggests that the current decline is not the start of a bear market. Capacity utilization is trending upwards. Suggests that the … Read more
Via ZeroHedge The most important, and much-anticipated dinner date between Trump and Xi in years, which concluded amid loud applause and brief celebrations by both sides, ended in a three-month truce to the ongoing trade war between the two superpowers, with the US agreeing to postpone a planned tariff hike on January 1 and to … Read more
by ogordained UNITED STATES Futures point to a sharply green opening The government will run out of money on December 7 Republicans and Democrats are split over the border wall Trump wants $5bn for the wall – Democrats have agreed to $1.6bn for “pedestrian fencing” – Trump has said he’s willing to go through a shutdown to get … Read more
by Charles Hugh-Smith The fact that lies and cover stories are now the official norm only makes us love our servitude with greater devotion. We can summarize the current era in one sentence: truth is what we hide, self-serving cover stories are what we sell. Jean-Claude Juncker’s famous quote captures the essence of the era: “When it becomes … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Instead of “bubble” or “collapse,” it uses “valuation pressures” and “broad adjustment in prices.” Business debt, not consumer debt, is the bogeyman this time. Preventing another financial crisis – or “promoting financial stability,” as the Federal Reserve Board of Governors calls it – isn’t the new third mandate of the Fed, … Read more
by Michael Snyder The shaking in Alaska still hasn’t stopped, and that has many residents wondering if the worst is still yet to come. Friday’s magnitude 7.0 earthquake could be felt 400 miles away from Anchorage, and it was the most destructive quake that the city has experienced since 1964. But those living in the region can’t … Read more
by Kimble Charting While many analysts are talking about the sky falling in stocks, the chart below reflects that the S&P 500 (NYSEARCA: SPY) may simply be in a sideways trading range. As well, the S&P 500 remains within the uptrend channel (testing the lower support). Seen this price action before? Yep, back in 2015-2016. At that point (1), the … Read more
https://www.youtube.com/watch?v=3d5gFpJ51PY USMCA Doc: https://ustr.gov/trade-agreements/fre…
France is out of control! unreal https://t.co/6Xra0CeoQH — mcm-ct.com (@mcm_ct) December 2, 2018 ‘What French culture” @EmmanuelMacron pic.twitter.com/0mNNqSxzSx — mcm-ct.com (@mcm_ct) December 2, 2018 Perhaps @EmmanuelMacron, you could sort out the shithole that is your own country before dishing out threats to Britain… 🇫🇷 pic.twitter.com/rmahV6UnwB — Leave.EU (@LeaveEUOfficial) December 2, 2018 https://twitter.com/andreascseh/status/1069296610499121152
Authored by Sven Henrich via NorthmanTrader.com, Our job is to navigate changing markets and we use technical and macro analysis to identify major market turns amidst periods of conflicting signals, emotional markets and often high uncertainty while staying keenly aware of risk to our thesis at any give time. In last weekend’s Bear Trap we discussed the … Read more
via newstatesman: After a long period of economic expansion, a slowdown has begun. But in an era of high debt and low interest rates, states have little ammunition to deploy. recession always comes in the end, but the matter of foretelling when is a hazardous exercise at best. Indeed, recessions can remain out of sight to policy-makers … Read more
via Pontiac2: This is just my first tough – Green is expensive and most of world is undeveloped compared to EU and NA. So most of world is uninterested in green and expensive energy. Especially when they can have cheaper gas power plants that can be easily converted to coal or oil ones in case of crisis. And … Read more
via swapripper: One of the biggest news this week was Mircrosoft briefly overtaking Apple as the biggest company in terms of market cap. I thought it would be a good idea to graph this decade long catch-up. Since I could not get historical market cap data as far out as 2010 directly using any API(without paying), … Read more
#Credit has been on the move, along with #equities. Equities alone were never going to be enough to sway the #Fed but equities + credit = another story. #data #dataviz pic.twitter.com/j6RLKDsoWj — Win Smart, CFA (@WinfieldSmart) November 30, 2018 It looks like the US credit market is about to hit the wall. US wall of … Read more
https://twitter.com/Ozkok_/status/1068963627775000576/video/1 https://twitter.com/NewsDiscord/status/1068978891388153856 What’s really going on in France? How’s it being handled by the media? This is the video in question. h/t Tha_Dude_Abidez
https://www.youtube.com/watch?v=PJ4gdrJzF_U BREAKING – France in a state of CIVIL WAR! Major civil unrest happening now! https://www.youtube.com/watch?v=DzUqj6OP1DA View post on imgur.com
Ryan Saavedra for the Daily Wire reports, Far-left CNN commentator Marc Lamont Hill appeared to defend using violence to resist Israel and appeared to call for the elimination of Israel on Wednesday while speaking to the United Nations. https://www.youtube.com/watch?v=-FFbft4rSF4 Read More/Source/Credit/FairUse: https://www.dailywire.com/news/38814/watch-cnns-hill-appears-call-elimination-israel-ryan-saavedra
by sundance Too funny… this is what we would call a win/win. President Trump delivering remarks to the media aboard Air Force One on the flight back to the U.S. (Via Associated Press) President Donald Trump says he will shortly be providing formal notice to Congress that he will terminate the North American Free Trade Agreement, … Read more
Don’t worry, California has decided to spend 33 million in tax dollars on lawyers for illegal aliens that are trying to cross the border illegally. Help is on the way. More American homeowners are struggling to afford their homes, contributing to a growing divide between America’s haves and have-nots. While a lack of affordability has affected every U.S. … Read more
https://www.youtube.com/watch?v=7KcOEVeKeFU Frank Camp for the Daily Wire reports, On Tuesday, Senate Majority Leader Mitch McConnell (R-KY) was asked about Saudi Arabia’s culpability in the death of journalist Jamal Khashoggi, as well as what response such culpability warrants, while at a press conference. Read More/Source/Credit/FairUse: https://www.dailywire.com/news/38798/…