Foreclosures up 550% YoY in my area, has the bubble popped?
Seriously that’s a huge jump. My county seems very pocketed, I checked several other areas, some were not as high, but others also high. I used Realtytrac. I tried to get overall county, but could not. But did see article stating Tampa/St Pete area one of highest foreclosures in nation I guess. I find this … Read more
Next Real Estate Recession
by jojobarnhill wanna hear your guys feedback on this…. Im a real estate broker in WA state & the market is hot here for housing but its been slowly transitioning into a buyers market. Things are going great when the market is good, but sometimes it seems too good to be true, considering our avg … Read more
The Cboe Skew Index tracks the implied volatility of deep out-of-the-money options – that is, contracts that need a large move in the market before they come into play – on the S&P 500 .SPX. On Friday it surged a massive 9%.
by mark000 CHART of the Cboe Skew Index .SKEWX showing last Friday’s move Article from Thursday: https://www.nasdaq.com/articles/black-swan-index-flashes-yellow%3A-wall-street-is-not-scared-2019-12-12 NEW YORK, Dec 12 (Reuters) – The options-based Black Swan index may be signaling surging demand from investors for protection against a stock market crash, but Wall Street analysts see little reason to panic. The Cboe Skew Index … Read more
Are we in a digital advertisement bubble?
by VCUBNFO This article makes a pretty good case about how much of online marketing seems to be not worthwhile. There are a lot of details in the article, but this little excerpt best describes it. Picture this. Luigi’s Pizzeria hires three teenagers to hand out coupons to passersby. After a few weeks of flyering, one … Read more
Margins, Debt, & S&P 500 Profits
by UPFINA Most onlookers see this as an unusual cycle at face value because annualized GDP growth has been low and this expansion is over 10 years long. In this article, we will discuss the cycle in terms of profits, margins, and debt. It’s safe to say viewers are correct; this is an unusual cycle. As … Read more
Valuations don’t matter. Earnings don’t matter. Fundamentals don’t matter. Stock returns are being driven by one primary force right now – Fed liquidity.
Valuations don’t matter. Earnings don’t matter. Fundamentals don’t matter. Stock returns are being driven by one primary force right now – Fed liquidity. https://t.co/PnA4cwlvOs — David Kudla (@David_Kudla) December 15, 2019 More Central Bank Stimulus Will Not Work. pic.twitter.com/pDCHQcLgQb — Daniel Lacalle (@dlacalle_IA) December 15, 2019 https://t.co/9t03cr4jgD — Alastair (@StockBoardAsset) December 14, 2019 Since the … Read more
The US Economy Is Being Japanified – Thanks To The Fed
Authored by Andrew Moran via LibertyNation.com, Japan has not recovered fully from the lost decade of the 1990s. The Asian financial crisis was exacerbated by the dot-com crash and then a few years later the global economic collapse. Tokyo has tried everything to combat anemic growth and deflation, and resolve the zombification of the Japanese economy through … Read more
Kevin Shipp – We Are Headed for the Financial Rapids, Eric Holder Reveals Deep State Running Scared
Former CIA officer and counter-intelligence expert Kevin Shipp says the hoax of Russia collusion and the impeachment sham of President Trump is distracting us from other very big problems such as the extreme debt the country and the world is facing. Shipp says, “Trump inherited a financial monster that was not his doing. When he … Read more
The “Trade Deal”: A Pathetic Parody, Credibility Squandered
by Charles Hugh-Smith Anyone who thinks this bogus “deal” has resolved any of the issues or uncertainties deserves to be fired immediately. Here’s a late-night TV parody of a trade deal: The agreement won’t be signed by both parties, though each might sign their own version of it, and the terms of the deal will never … Read more
The State of the Canadian Debt Slaves, How They Compare to American Debt Slaves, and the Bank of Canada’s Response
“The high household debt load is the most important risk facing the financial system”: Bank of Canada Governor Poloz, another central banker that bemoans the effects of this handiwork. By Wolf Richter for WOLF STREET. Canadian households, rated near the top of the most indebted in the world, accomplished something awe-inspiring: They got even more indebted and their … Read more
Charting the World’s Major Stock Markets on the Same Scale (1990-2019)
by visualcapitalist Most investors around the world are familiar with the S&P 500 index. Not only is it the most widely accepted barometer of U.S. stock market performance, but it’s also been on a 10-year bull run, now sitting at all-time highs near 3,170. This week, we chart those historical returns, and then use the U.S. … Read more
Fed Pauses Rate Cuts, But More Printing Cometh – With Dave Kranzler
by Chris Marcus with Dave Kranzler via Arcadia Economics Today the Federal Reserve held its latest policy meeting and left interest rates unchanged. But with repo-mania continuing on with no end in sight, Dave Kranzler of Investment Research Dynamics joined me on the show to discuss the latest actions by the Fed. He also gave his forecast for what he’s expecting in the gold … Read more
Google This For a Surprising Result: Republican Celebrities
Google This For a Surprising Result: Republican Celebrities Republican Celebrities https://www.google.com/search?q=republican%20celebrities The propaganda used to be more subtle. Hillary shows up as a top republican celebrity result. h/t dr0id
Donald J. Trump: “Ron Paul is right when he says we are wasting lives and money in Iraq and Afghanistan.”
Donald J. Trump Verified account @realDonaldTrump Ron Paul is right when he says we are wasting lives and money in Iraq and Afghanistan. Ron Paul is right when he says we are wasting lives and money in Iraq and Afghanistan. — Donald J. Trump (@realDonaldTrump) August 17, 2011 Trump admin intends to announce withdrawal … Read more
The Trump Administration is planning to withdraw 4,000 troops from Afghanistan starting as early as next week
WASHINGTON — The Trump administration intends to announce the drawdown of about 4,000 troops from Afghanistanas early next week, according to three current and former U.S. officials. The withdrawal will leave between 8,000 and 9,000 U.S. troops in Afghanistan, the officials said. The announcement comes just days after Special Representative for Afghanistan Reconciliation Zalmay Khalilzad rejoined … Read more
MN Governor on refugees: ‘The inn is not full in Minnesota’
Gov. Tim Walz notified the Trump administration Friday that the state will continue to welcome refugees, pointedly saying that the “inn is not full in Minnesota.” In a letter to U.S. Secretary of State Mike Pompeo, Walz wrote that he rejects the intent of President Donald Trump’s recent executive order requiring state and local governments … Read more
Reports saying that Democratic Rep. Jeff Van Drew will imminently FLIP to the REPUBLICANS; he was one of the 2 Dems to vote against impeachment
https://twitter.com/Daily_elections/status/1205941412396556288 It seems like the party switch is a done deal: “Officials said Saturday said that Rep. Jeff Van Drew of New Jersey, a vocally anti-impeachment Democrat, will join the Republican Party in the coming days following a Friday meeting with President Trump.” It seems like the party switch is a done deal: "Officials said … Read more
Prosecutors say a man stole $88,000 from a bank vault. The FBI caught him after he flashed stacks of bills on social media.
(CNN)If you’re systematically stealing money from a bank vault, it may not be a good idea to post the evidence on your social media pages. A bank employee in Charlotte, North Carolina, allegedly stole $88,000 from the bank’s vault, according to a release from the United States Attorney’s Office Western District of North Carolina. And he wasn’t … Read more
Big Rise Coming in Food Prices
by Tom McClellan Food prices are poised to see their biggest rise in several years, and not just because China is going to become a buyer again of U.S. agricultural goods. There is a different reason for expecting food prices to rise, and it is contained in this week’s lead chart. Gold prices act as a … Read more