Closing in on the Greatest Crash in History

by spontaneousdisorder  The media is claiming the stock market is about to “melt up”. I’m not convinced, in fact current financial conditions are reaching another extreme and there are new reasons to believe this might be the last peak in the biggest mania ever. No doubt QE has created the most persistent risk seeking behavior in … Read more

Don’t let anyone tell you this market is cheap. It’s not, it’s the most expensive in our lifetimes on a PEG basis.

https://twitter.com/NorthmanTrader/status/1210280982819016705 Ergo why buybacks are so popular https://t.co/LrEpdxE0lo — Michael Lebowitz, CFA (@michaellebowitz) December 26, 2019 Last week alone, the Fed bought another $28 billion in treasuries while continuing to sell mortgage-backed securities on net. Because it's mainly about deficit-funding, not just liquidity. Excess UST supply + dollar shortage = they will create dollars to … Read more

Assad Plans To Sue The U.S. Over ‘Stealing’ Syria’s Oil

By Tsvetana Paraskova Syria’s government is considering suing the United States in an international court over what a senior advisor to Syrian President Bashar al-Assad referred to as the ‘stealing’ of Syria’s oil. “Syria is looking into the possibility of filing an international lawsuit against the United States, due to the fact that they steal … Read more

7-Simple Investing Rules Your Mother Taught You

by Lance Roberts When I was growing up my mother had a saying, or an answer, for just about everything…as do most mothers. Every answer to the question “Why?” was immediately met with the most intellectual of answers: “…because I said so”. Seriously, my mother was a resource of knowledge that has served me well over the … Read more

Visualizing Top 20 Most Valuable Companies of All Time

by howmuch Saudi Aramco finally went public with the world’s largest IPO on December 11th. However, from a historical perspective Saudi Aramco would still not be the world’s largest company ever. Our new visualization looks at the most valuable companies of all time, measured by their market capitalization. Use this visualization Eight companies have reached a market capitalization of … Read more

AG Barr Compares Kevin Spacy Kill List To Clintons

3 Kevin Spacey accusers have mysteriously died including one that had a pending court date. If my calculations are correct… that makes Kevin Spacey 1/1024th Hillary Clinton https://twitter.com/AGWillliamBarr/status/1210020008644030464?s=19, Norwegian ex royal Ari Behn who accused Kevin Spacey of groping has committed a suicide (Dec 25th), right after Spacey’s recently released cryptic video. Ari Behn Spacey’s … Read more

Delivery dilemma: Americans are ordering more, but the U.S. can only handle so much

https://www.nbcnews.com/tech/tech-news/delivery-dilemma-americans-are-ordering-more-u-s-can-only-n1106426 There’s only so many boxes that can be delivered in a day. Warehouse space is nearly full, with vacancy near an all-time low. Streets are crammed with delivery vans blocking traffic. City curbs are increasingly a turf war between delivery drivers and everyone else. Even grocery store aisles can feel crowded — at least, … Read more