Barron’s says a yellow light is flashing. The S&P500 is up 33% in a year while earnings have been flat. Valuations are now at nose bleed levels. Worryingly Forbes say analysts may have to cut 2020 earnings estimates.

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by InterestingNews1 The recent bullish sentiment is driven by forecasts for earnings growth of 10% next year. A Forbes article says that may have to be revised down. 10% Earnings growth would require the 5% revenue growth forecast PLUS net margin expansion. However net margins at 11% are already above historic averages (after Trump’s tax … Read more

A “secular stagnation” in EM!

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Leave aside China and India and the remaining EM countries stopped out-growing developed markets back in 2013 (lhs). This is a much broader story than Argentina and Turkey, with places like Mexico and South Africa essentially at zero growth (rhs). A "secular stagnation" in EM! pic.twitter.com/48oWAI7clN — Robin Brooks (@robin_j_brooks) December 27, 2019

Danielle DiMartino Booth: Jay Powell is actually putting more money out there than the markets can handle.

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"Jay Powell is actually putting more money out there than the markets can handle. But about 60% of the FANG stock gains for the entire year have come since mid-Sept when the Fed fired up the printing press. The idea of a rising interest rate is passé." https://t.co/AdvXLCYd8z — Danielle DiMartino Booth (@DiMartinoBooth) December 27, … Read more

VIX short continues to unwind

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vix short continues to unwind pic.twitter.com/spAGf95SpQ — Alastair (@StockBoardAsset) December 27, 2019 equity indices closed flat to red with vix jump pic.twitter.com/Nu1IEveCvB — Alastair (@StockBoardAsset) December 27, 2019 🧐Through 23rdDec´19. Coming days, few weeks..?🐻 https://t.co/PM0pfdWPpi — Antonio Pérez-Algás (@apanalis) December 28, 2019

Pretty obvious how the New Year will unfold.

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Pretty obvious how the New Year will unfold. https://t.co/4vRN8Y2TFR — Albert Edwards (@albertedwards99) December 27, 2019 The corporate credit fear gauge: As per ⁦@markets⁩ “On Friday, it dipped to 43.712 basis points, the lowest on record.” Welcome to the end of a risk-free year. As far as Corporate America’s balance sheet goes, the bigger the … Read more

The State mustn’t allow banks to go bankrupt – How the Fed saves ‘the system’ at your expense

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by nadgroot The S&P 500 Index and the Dow Jones Industrial Average set new record highs every single day last week. This occurred despite the Federal Reserve justifying its unprecedented hundreds of billions of dollars each week in cheap loans to Wall Street’s trading houses as necessary to stem a “liquidity” crisis. You can’t have … Read more

THE RETAIL APOCALYPSE ISN’T OVER: MORE STORE CLOSURES EXPECTED IN 2020

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by Mac Slavo of SHTFplan More than 9,300 retail department stores have shut their doors this year.  As 2020 comes at us quickly, most are expecting the retail apocalypse to drag on. While we are told consumerism and spending remains high, retail establishments are closing down: most permanently. Retailers actually set a new record for store closures in … Read more

Owner of Danvers store calls out DA Rachael Rollins’ shoplifting policy after thousands in coats stolen

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With nearly tens of thousands of dollars worth of merchandise stolen from his clothing store over the past month, Alan Gibeley said that prosecutors who go easy on shoplifters — such as Suffolk District Attorney Rachael Rollins — are threatening his business and putting the well-being of his employees at risk. “The easier shoplifting is, … Read more

TRULY AMAZING! President Trump SO GOOD that US Has Gone from 1/5th of Global Economy to 1/4th of Global Economy in JUST THREE YEARS

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More from the World Economic Rankings from the Centre for Economics and Business Research (CEBR): • The USA in 2019 reached 24.8% of world GDP, its largest share of the world economy since 2007. And the US is now expected to remain the world’s largest economy throughout the 2020s and is to be overtaken by … Read more

Healthcare And “Market Failure”

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by Marc Fouradoulas via Mises In the face of illness and suffering, private markets for healthcare services allegedly fail. Since the 1960s, neoclassical economists have legitimized the regulation and collectivization of this sector under the term “market failure.” This assumption forms the foundation of the discipline of health economics and its attempt to replace the failed … Read more

Chelsea Clinton TRIGGERED! Look How She Reacted to this Hilarious Clinton Throwback Video

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https://www.youtube.com/watch?v=7bQMPWbOpj4 Madison Dibble from washington examiner reports, Chelsea Clinton replied to Rep. Paul Gosar after he mocked her parents in his Christmas greeting. On Christmas Eve, the Arizona Republican posted a clip from a 60 Minutes interview Bill and Hillary Clinton did in 1992 amid infidelity rumors. Read More/Source/Credit/FairUse: https://www.washingtonexaminer.com/ne…

Elizabeth Warren’s campaign is LOSING MONEY! Has to scale back on 2020 rallies.

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Sen. Elizabeth Warren, D-Mass., may have found a lump of coal in her Christmas stocking, as her campaign’s fundraising efforts reportedly had a sharp decline in the fourth quarter. CNBC first reported Friday that the Warren campaign had raised “just over $17 million” in the final quarter ahead of a Dec. 31 Federal Election Commission … Read more

2020: The Year Of The Oil Bankruptcies

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By Alex Kimani A bankruptcy boom has hit the oil and gas industry, and it’s just getting started. Investors have lost their appetite for shale, and energy debt has become among the least desirable in the market. The industry has been teetering on the verge of mass hysteria for much of 2019 as a record … Read more

Don’t Fall for This Deadly Dividend Trap

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By Robert Ross When’s the last time you bought Kraft Mac & Cheese? I imagine it’s been a while. Thirty years ago, every cupboard in America had a box. But consumer trends have shifted. People don’t want hyper-processed foods like Kraft Mac & Cheese anymore. Warren Buffett, one of the greatest investors of all time, … Read more