Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter So what’s going on here? In the third quarter, the “delinquency rate” on credit-card loan balances at commercial banks other than the largest 100 banks – so the delinquency rate at the 4,705 smaller banks in the US …
A useful general home robot, as far as I’m concerned, needs to be able to do three things: fold laundry, wash dishes, and clean toilets. That’s all it would take to make me happy. We’ve seen some attempts at both laundry …
The holiday shopping season is around the corner and retailers are hoping for big time revenue. And retailers may just get their holiday wish. According to an eMarketer study, the projected retail sales this holiday season may be an excess …
Ten things need to change for the stock market to come back from its Monday declines, CNBC’s Jim Cramer said as high-profile technology stocks Facebook and Apple led the major averages lower. “When does this rout end? When do the …
via eyeball1234: I tried to incorporate as much feedback as I could from my last post. This viz shows the home price for 200 cities around the globe, organized according to an “affordability index” that reflects the ratio of price …
by Chris I’ve been waiting for the junk debt universe to signal “game on.” It’s doing that now. Along with the credit spreads blowing out (see above) the Credit Default Swap (CDS) market is blowing up and out for junk …
by Chris The S&P 500 is oscillating by ~10 point increments, up and down…per minute! …a “spirited defense.” Not terribly subtle, but that’s almost certainly the point. I like to call this chart pattern The Inverse Matterhorn. …
via asherfergusson: My data sources were mostly government websites: Federal Aviation Administration Bureau of Transportation Statistics U.S. Customs and Border Protection Airports Council International – Aircraft Movements Airports Council International – Passengers Airports Council International – Cargo I visualized the …
via slopeofhope: This is a cautionary tale. A tale of a fund of nearly 300 clients and nearly $80 million which blew up in the span of hours from a market move that was, in the grand scheme of things, not …
https://twitter.com/OccupyWisdom/status/1064723223969959936 wow – credit markets about to blow up? send stocks lower? pic.twitter.com/nqVvCmtBwj — Alastair (@StockBoardAsset) November 20, 2018 Number1 $AMZN…another Burst💥 -31%🔻@hks55 @OccupyWisdom Long way to run pic.twitter.com/8MgfCGxGbq — Antonio Pérez-Algás (@apanalis) November 20, 2018 https://twitter.com/OccupyWisdom/status/1064879801830379521 Larry Kudlow said …
by Troy Here’s today’s big headline from Bloomberg, one that really caught my attention. Let’s determine the stock market’s most probable direction by objectively quantifying technical analysis. For reference, here’s the random probability of the U.S. stock market going up on any given …
by John Rubino If corporate earnings rise in 2019 like Wall Street analysts expect, stocks are a screaming buy at these bear-market levels. But earnings won’t rise and stocks are not a buy, says money manager Michael Pento: Earnings Recession of …
By Bob Shanahan Paradise, California has become hell on earth. My thoughts and prayers go out to the thousands of displaced families. I cannot even begin to imagine the pain and devastation they are currently experiencing. Only 80 miles north …
by Doug Kass “Mother, mother There’s too many of you crying Brother, brother, brother There’s far too many of you dying You know we’ve got to find a way To bring some lovin’ here today” – Marvin Gaye and Al Cleveland, What’s Going …
by Graham Summers via Gains, Pains & Capital Last week the markets rallied on hype and hope of a potential trade deal between the US and China… and the fact it was options expiration week. With those items out of the way, the …
by DCG While I admire this police chief turning the tables on the proggies via “sanctuary laws,” I would rather challenge Washington’s new law in court. I don’t like sanctuary status for illegal aliens and don’t want to see the …
by DCG I sense a pattern in west coast, progressive-run cities… From MyNorthwest.com: A plan is being set in motion Monday to deal with Olympia’s homeless population with what the city is calling a “mitigation site.” The goal is to end the …
by Free Market Shooter Since President Trump took office, former President Obama has been opposing his administration at every turn, touring the entire world, serving as the effective leader of “the resistance” to Trump administration policies. This is in direct violation of the …
Infinite-dimensional symmetry opens up possibility of a new physics—and new particles November 16, 2018, University of Warsaw For a half-century, physicists have been trying to construct a theory that unites all four fundamental forces of nature, describes the known elementary …
https://www.youtube.com/watch?v=MQcERtikYTM Sadly most don’t care if their every move is recorded, as long as they get something for it.
Special petition related to defeating the censorship lovers: https://petitions.whitehouse.gov/peti…
Is the Dow headed for 50,000, 100,000, or even 1,000,000? Some stock market observers think so. Here’s what EWI has observed about the timing of such bold market predictions … https://www.youtube.com/watch?v=Qjlk2Ly_p9k
Cases in which a majority of the Court fell down on the job. From Reason: James Madison once said that the job of the U.S. Supreme Court was to act as “an impenetrable bulwark against every assumption of power in the …
by Jim Quinn Gold certainly hasn’t been a great investment for awhile, but since December of last year, it is only down 4.4%. Meanwhile, bitcoin, the darling of the millennials has dropped a mere 75%. Ouch. That’s gonna leave a …
via thefreethoughtproject: TEXAS CITY, Texas (CN) – A widow claims in court that a former Texas City police officer found her husband unconscious on the side of the road with more than $2,000 in cash meant for Christmas gifts and stole the money, …
by freethinker78 A headline in Fortune magazine says “Cancer drug spending hit $100 billion in 2014. Here’s why it’ll soon be much higher”. Such a figure, $100 billion, is a massive amount of money. Consider that some people kill others over $5. Imagine …
by Yojimbo https://youtu.be/z3E1I4lu6u0 Tucker is the sole major figure on television representing Nationalism. This is why they want to get rid of him through protests and intimidation. Where do you stand on this question – human truck drivers that support families …
Hilarious. I always did like gallows humor because we don’t have a choice. Remember when the democrats voted against the bailouts, then they wheeled in Senator Obama to make them sign? He should have had a Goldman Sachs neon sign …
An international team of scientists and astronomers has discovered an almost identical twin to our sun, in a promising development which could help narrow down our search for another habitable world. It is estimated that up to 85 percent of …
