Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes)

via vanguard: Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes). If you already own these investments, you can continue to hold them or choose to sell …

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Junk bonds lose 43% of their value from here as this chart suggests we will be in a depression…..Gundlach: “By historic standards 62% of Triple B rated bonds should be considered junk status right now BUT are not”

Monster rally in U.S. junk-bonds currently underway. pic.twitter.com/W11bqrupdm — Tracy Alloway (@tracyalloway) January 8, 2019 Gundlach: "By historic standards 62% of Triple B rated bonds should be considered junk status right now BUT are not" — John Caruso 🌐 (@JCarusoRJO) …

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Trump Challenge: “Tear Down That Wall!”

by Wayne Root I was going to write a column about the wall. It’s certainly the biggest issue in America. But I can end that debate quickly. President Trump should issue a simple challenge: “My fellow Democrats, I have a challenge …

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BEWARE THE BOUNCE

My most requested table is finally here. Here is every prior Bear Market in $SPX history (-20% drop from a unique All Time High) with dates/notes on the initial bounce after first entering Bear territory and then what it did …

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2019 Headwinds Are Getting Stronger

via James Rickards  In 2017, every prominent economic forecasting entity was shouting from the rooftops about “synchronized global growth.” This was a reference to the fact that not only were certain economies growing, but they were all growing at the same time. …

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