Back in November, when 60 Minutes aired “Insiders,” it was illegal for member of Congress to make stock trades using inside information they learn while working on legislation. Kroft had some questions about unsavory-seeming stock trades by lawmakers, but unsurprisingly nobody would give him an interview. So, Steve had to find other ways to get some answers. … Read more
Ongoing trade tensions with the U.S. has “increased the risk of a financial decoupling” between the two largest economies. Beijing will therefore manage its risk by diversifying its foreign exchange reserves into other currencies, ANZ predicted, as well as build up its “shadow reserves.” Beijing is gradually reducing its holdings of U.S. Treasurys, which it … Read more
By Nick Cunningham OPEC+ is facing a steep challenge as it prepares to gather in Vienna next month. Global oil supply could continue to rise at a rapid pace in 2020, surpassing the increase in demand. According to new figures from the International Energy Agency (IEA), non-OPEC supply could expand by a staggering 2.3 million … Read more
Because every home insurance can be different, you must understand first what your needs are when you plan such a big investment. We know that owning a home may cost lots of money especially if you don’t plan your mortgage payments properly. If you’ve decided to make an investment in your home insurance you should … Read more
by Shaun Richards This is a story influenced by a brewing trade war but not the one that you might think. It is between Japan and Korea and the latest phase started in July when Japan imposed restrictions on trade with Korea for 3 chemicals. This gets more significant when you realise that they are … Read more
FedEx Goes to War Against the New York Times Over Hit Piece Article – Releases Statement and Challenges the NYT to a Public Debate FedEx CEO challenges New York Times publisher to public debate after tax story FedEx CEO Frederick Smith has challenged the publisher of The New York Times as well as the paper’s … Read more
https://twitter.com/QTRResearch/status/1196419652181745667 Mood in Beijing about #trade deal is pessimistic, government source tells me. #China troubled after Trump said no tariff rollback. (China thought both had agreed in principle.) Strategy now to talk but wait due to impeachment, US election. Also prioritize China economic support. — Eunice Yoon (@onlyyoontv) November 18, 2019 https://t.co/nSkiJprttT — Alastair (@StockBoardAsset) … Read more
FRESNO, Calif. (KFSN) — At least ten people have been shot, and four are dead after Fresno Police say a suspect opened fire as a family gathered at an east-central Fresno home Sunday night. Officers responded to a home on Lamona Avenue near Ceasar Avenue, located about three blocks south of the Fresno Yosemite International … Read more
by Michael Snyder I have so many bad economic numbers to share with you that I don’t even know where to start. I had anticipated that the U.S. economic slowdown would accelerate during the fourth quarter of 2019, and that is precisely what has happened. The Federal Reserve is trying to do all that it can to … Read more
by Michael Snyder President Trump just announced yet another round of emergency bailouts for U.S. farmers. This emergency aid will be greatly welcomed by countless struggling farmers, but a few thousand dollars won’t be nearly enough to save most of the farms that are on the verge of failing. Coming into 2019, farm debt was … Read more
via Global Macro Monitor This chart is an incredible disgrace and illustrates how conservative savers, especially seniors, have been robbed by the central bankers. Christine Lagarde’s recent comment fueled our ire, We should be happier to have a job than to have our savings protected – ZH And she was talking about nominal rates! If the central … Read more
Q3 was supposed to be the trough. Q4 comin' down still pic.twitter.com/GbJGC1Chyg — Eric Basmajian (@EPBResearch) November 15, 2019 With 92% of the companies in the S&P 500 reporting, the blended earnings decline for the index for Q3 is -2.3%: Factset. Meanwhile, Q4 EPS is now also projected to be negative, as the S&P is … Read more
by WargFlow (Source) https://fred.stlouisfed.org/series/MSPNHSUS (Tool) Data was downloaded into Excel and visualized using Excel. The Average Price/Sq Ft is calculated using trend across time. This value hovers around $122.25/Per Square Foot.
by honeyflaps A quick recap for those of you who are unfamiliar with the legend: OptionsSellers.com was a fund that marketed itself as a money manager for mid-upper class folks (doctors, etc) using trading methods that consistently outperform the S&P500. Their strategy? Selling naked options on crude oil and natural gas. More specifically they were using a … Read more
by ryngo14 The stock is a bubble. AMZN missed earnings last two quarters, attributed to one-day shipping costs. This is just a hand-wavy explanation by people who are blind to the real issues the company is facing: Amazon’s size is a weakness, not a strength Costs are going up because the company is over-extended in … Read more
A breakdown of the death tolls in some of the more high-profile protests around the world My own research as of November 2019: Kashmir/India, Bodycount: 50-150+ per year Ethiopia Bodycount: 86 Haiti, Bodycount:3 Hong Kong, Bodycount: 10 suicides Venezuela, Bodycount: at least 107+ Egypt, Bodycount: 0? Ecuador, Bodycount:8 Libya, Bodycount:0? (in the protests) Iran, Bodycount:1 China/Uighurs, Bodycount: 100-1000+ Algeria, Bodycount:1-3 South Africa, Bodycount:12+ France, Bodycount: … Read more
China and US had ‘constructive discussions’ about phase-one trade deal, state media reports ( The two sides had “constructive discussions” about “each other’s core concerns” and agreed to remain in close contact, according to the Chinese Ministry of Commerce. The call came at the request of Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert … Read more
Noone's fighting seasonality- The bias is typically negative starting in day 10 in November into day 15 in trading days, and this year's November is already higher by nearly 3% on the month, well above the average- Chart courtesy of Stock traders almanac pic.twitter.com/2HvcjWnyGI — Mark Newton CMT (@MarkNewtonCMT) November 15, 2019
https://twitter.com/hks55/status/1195775125200744449 If interest rates rise, corporate debt implodes. If yields stay too low, pensions can't meet their obligations. Call me cynical, but I have zero confidence central bankers are up to the task of threading that needle. — Eugene Gant (@PeoplesBread) November 16, 2019
