The Public Debt Ratio Will Rise Considerably, US Dollar Has Worst Month Since 2010, Fitch Cuts Outlook on U.S. to ‘Negative’ From ‘Stable’…

The Public Debt Ratio Will Rise Considerably in the United States and the Eurozone: Natixis Many questions have arisen as to the effect of this very high level of public debt on the economies,so we will look at the situation in japan, where public debt has been very high for more than 20years. US Dollar … Read more

BUYBACKS DEAD EXCEPT FOR TECH

BUYBACKS DEAD EXCEPT FOR TECH pic.twitter.com/NrEtsS3zD6 — Win Smart, CFA (@WinfieldSmart) July 31, 2020 Many companies have kept buying back their shares, even as the global recession deepens. “As long as you’re a company that is earning money greater than your borrowing rate, you can just keep borrowing and buying back shares.” https://t.co/8mGlno4JfZ pic.twitter.com/o1cbAwcvio — … Read more

Job Searches Throwing In The Towel, Global Business Activity In Freefall, Europe Plunges Into A Deep Recession…

JOB SEARCHES THROWING IN THE TOWEL pic.twitter.com/K58jrKihNw — Win Smart, CFA (@WinfieldSmart) July 31, 2020 GLOBAL BUSINESS ACTIVITY pic.twitter.com/LPSsyubH5y — Win Smart, CFA (@WinfieldSmart) July 31, 2020 Europe plunges into a deep recession as COVID-battered economies brace for a second wave https://t.co/fglr6USO9U — Win Smart, CFA (@WinfieldSmart) July 31, 2020 Eurozone Economy Contracts by Record … Read more

Ray Dalio: “There is a reserve currency issue. Were heading into new world order. Current situation similar to Bretton Woods 1944. New monetary system”

https://twitter.com/Ben__Rickert/status/1289006651123437570 USD as percentage of global FX reserves has been falling since 2000… https://t.co/URnmypEGDD — The Market Ear (@themarketear) July 31, 2020 #GOLD TRADERS ISSUE LARGEST DELIVERY NOTICE ON RECORD AT COMEX — Win Smart, CFA (@WinfieldSmart) July 31, 2020 USD COLLAPSE pic.twitter.com/X2ZKeMTAUA — Win Smart, CFA (@WinfieldSmart) July 31, 2020 https://twitter.com/Fxhedgers/status/1289292882369683456

The Calm Before The Next Oil Price Storm?

by Jason Burack of Wall St For Main St Shockingly, WTI oil prices have stayed right around $40/barrel (with little to no volatility) for the last 4-6 weeks. Why Oil Remains Stuck At $40 Oil Price Pattern Sees Rising Selling Pressure This is extremely rare for the oil market considering the amount of paper oil futures contracts being … Read more

“We Are In The Golden Age Of Fraud”

by Dave Kranzler of Investment Research Dynamics “Elon Musk has personified the hopes and dreams of this bull market; Tesla burnishes its results through aggressive accounting; it’s a culture of deception because it is selling self-driving, which doesn’t yet exist.” – Jim Chanos from “We Are In The Golden Age Of Fraud” (Financial Times) Jim Chanos is perhaps the … Read more

VERY BEARISH SIGNS MOUNT: Gold Has Not Invalidated Its Breakdown, BIG SELL-OFF LIKELY

A move to about $1700 or lower is likely in the cards… by Przemyslaw Radomski via Sunshine Profits Yesterday’s session was indeed volatile around the FOMC, just like we warned, and gold even moved to its previous high, likely forming a double-top pattern. Even though gold moved higher on an intraday basis, it didn’t invalidate its previous breakdown, which … Read more

Mannarino: The bond market is flashing RED!

TradersChoice.net, Released on 7/31/20 Gregory Mannarino started his career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. After realizing that working on Wall Street was not like the movies, he moved on to get a medical degree and practiced medicine as a Physician Assistant. He also served … Read more

Insulting? California lowering bar exam standards in order to pass more minority lawyers

by DCG A rather insulting headline: By easing its bar exam score, will California produce more Black and Latino lawyers? https://t.co/sEUJ1zOuJV — Los Angeles Times (@latimes) July 26, 2020 The article in the LA Times states the California Supreme Court agreed to lower the passing score for the exam, a victory for law school deans who have long … Read more

DAVID HENDERSON: The Virus May Strike Teachers Unions: What happens when they refuse to do their jobs and it turns out home-schoolers are better at it anyway?

via WSJ: If you have school-age children, you may be wondering if they’ll ever get an education. On Tuesday the American Federation of Teachers, the second-largest education union, threatened “safety strikes” if reopening plans aren’t to its liking. Some state and local governments are insisting that public K-12 schooling this fall be conducted online three … Read more