by Chris Kimble It’s a good idea for investors to be aware of key indicators and inter-market relationships. Perhaps it’s watching the US Dollar as an indicator for precious metals or emerging markets. Or watching interest rates for the economy. Experience, history, and relationships matter. And it’s good to simply add these to our tool-kit. … Read more
by WARREN MOSLER Looks somewhat like the 2000 buildup: Private equity most often includes substantial new debt:
by The Phoenix The impeachment trial officially begins today. Like him or hate him, President Trump has branded the stock market as “his.” Treasury Secretary Steve Mnuchin has even admitted on record that the Trump White House sees the stock market as a “report card.” With that in mind, the markets are currently suggesting there is … Read more
So we can stop guessing. Looks like it was what we thought. It’s too bad this was the last Dem debate. CNN claimed they had ” no idea they had this video with audio ” despite this being available later today. https://twitter.com/ryancreeedon/status/1217643021589762049?s=19 Bernie Sanders Claims the Post-Debate Conversation Between Himself and Elizabeth Warren Was About … Read more
Photo by Flickr.com | CC BY | Photoshopped From Birch Gold Group No matter what you think of him, there’s no denying that Bernie Sanders is a man on a singular mission. As part of one of his far-reaching proposals, The Inclusive Prosperity Act of 2019, the Senator aims to “cancel every penny of student debt.” For many on the left, the … Read more
by Arkadiusz Sieron of Sunshine Profits Last Thursday, the New York Fed added more than $80 billion in fresh temporary liquidity to the financial markets. Move over folks, nothing to see here – but what does it mean for gold prices? Repo Crisis Is Not Over Last week on Thursday, the New York Fed added $83.1 billion in temporary … Read more
BY JOHN RUBINO No one interested in current income buys gold mining stocks because those stocks are traditionally all about capital gains. As ‘leveraged plays on the price of gold,’ the miners work this way: Let’s say gold is $1,000 per ounce and a hypothetical miner produces a million ounces annually, eking out a net profit … Read more
Apple. Just like the fruit that serves as its eponym, the tech giant’s truly global brand is recognizable everywhere. And the company, famously founded by the legendary Steve Jobs in 1976, has gone from strength to strength since. From the game-changing iPod to the now ubiquitous iPhone, Apple has continued to innovate. With the departing … Read more
Getting a mortgage has become rampant because it provides a peaceful sensation, as it allows you to settle comfortably into a personal space that you can call yours. However, getting a mortgage with a comfortable scheme is quite challenging as you need to understand various mortgages available in the market. Mortgage brokering and comparison is … Read more
A key macro inconsistency. $CNY diverging again from a 20-year link with China’s required reserve ratio. Excessively loose policies always lead to value destruction of fiat currencies. pic.twitter.com/EbdBIiy3n4 — Otavio (Tavi) Costa (@TaviCosta) January 14, 2020
How long can we keep frothing upwards? With stocks at “record overbought” levels, @crescatkevin explains why economic indicators are suggesting we’re on the verge of a selloff: — Schwab Network (@SchwabNetwork) January 14, 2020 This panoply of over-bought technical indicators is worthy of our attention. Note how they have worked together in an over-valued, late-cycle … Read more
A friendly reminder as bank earnings season gets underway. C&I loan growth has sunk into the red at the largest banks. If everything is awesome, why the closed balance sheet? Something doesn’t add up. @Not_Jim_Cramer @gamesblazer06 @SoberLook pic.twitter.com/Pt5iJwmEO5 — Danielle DiMartino Booth (@DiMartinoBooth) January 14, 2020 pic.twitter.com/LxNdrLCp6v — M/1_LP (@MI_Investments) January 15, 2020 US #GDP … Read more
All hell breaks loose if shelter inflation keeps falling. Powell’s Printing Press will run out of ink. Luckily the Fed still cutting rates to support housing. Oh, wait… @Quillintel @SoberLook pic.twitter.com/PmmxrpQf81 — Danielle DiMartino Booth (@DiMartinoBooth) January 15, 2020 The stock market is not the economy. (via Deutsche) pic.twitter.com/eiqeyiLDy6 — Carl Quintanilla (@carlquintanilla) January 14, … Read more
by InsecureFunding Yes I know, stocks only go up – etc etc. However I believe some of you are genuinely in need of some information so let me lay some stuff down for you. 1.) We are at historically elevated valuations. Somewhere between the Dotcom bubble and Black Tuesday in terms of PE. Below is … Read more
https://www.bloomberg.com/news/articles/2020-01-15/u-s-recommends-no-jail-time-for-flash-crash-trader-sarao Something has been fucky about this narrative from the start. The guy was spoofing something like 300 emini contracts and turned his system off before the bulk of the actual flash crash happened yet I’m to believe it was all some autistic dude and not the massive sell orders cited in the original 2010 … Read more
https://twitter.com/alisongriswold/status/1217443340670644225 Forget 20 for 2020, SoftBank portfolio companies layoffs are already at 2,600, with another 1,200 reportedly planned at Oyo in India over the next three to four months. Add in major cuts made by Uber, WeWork, and a handful of other companies last year and you get that SoftBank-backed firms have logged about 6,700 job cuts … Read more
https://www.cnbc.com/2020/01/14/as-tesla-shares-rise-elon-musk-stands-to-reap-a-346-million-payout.html Tesla will hit a market cap of $100 billion when the stock price hits $554.81. If it stays there, and Tesla meets other revenue or EBITDA goals, CEO Elon Musk will get the first of twelve tranches of stock options. Those options would be worth $346 million, assuming the stock price stays stable.
Visa is buying Plaid in a deal worth $5.3 billion — roughly double the start-up’s last private valuation. Plaid’s API software lets start-ups connect to users’ bank accounts and works with Venmo, mobile investing app Robinhood and cryptocurrency exchanges Coinbase and Gemini. Plaid says 25% of people in the United States with bank accounts have … Read more
by Jesse “Realize that narcissists have an addiction disorder. They are strongly addicted to feeling significant. Like any addict they will do whatever it takes to get this feeling often. That is why they are manipulative and fakers. They promise change, but can’t deliver if it interferes with their addiction.” Shannon L. Alder “As a … Read more
