Why aren’t millennials buying houses?

via @ByRosenberg: % of income spent on rent (vs historical average) LA 47% (36%) Miami 42% (29%) San Francisco 39% (31%) NY 38% (26%) Boston 33% (26%) Denver 32% (24%) Seattle 31% (24%) Portland 30% (24%) US avg 28.4% (25.8%) https://www.zillow.com/research/q2-2018-affordability-21286/

This Week in Enron – Up in Smoke Edition

This Week in Enron – Up in Smoke Edition$TSLA$TSLAQ pic.twitter.com/KR4cTRRH6b — TC (@TESLAcharts) September 7, 2018 Aside from that, how was the play Mrs. Lincoln?$TSLA pic.twitter.com/bv5yDrJYOh — TC (@TESLAcharts) September 7, 2018

A Bounce Coming In ETH?

by Dave I’m waiting to see what it says in the next day or so.  If I start to see that rash of “red” sell signals, I’ll bail out.  Otherwise, maybe there’s a 20% move in the near future, the …

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Weekend Reading: Fall Back

by Lance Roberts Doug Kass made an interesting observation about the market yesterday: “The month of September started with optimism. That optimism has faded in the last two trading days. The most notable winners (year to date), FANG, have been …

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‘Win-win situation’ for gold is forming

From Kitco: With the U.S. dollar stealing the safe-haven status from gold this summer, a potential “win-win situation” for the precious metal could be just around the corner, according to the ScotiaMocatta bank. “Gold continues not to attract safe-haven interest, even …

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DJIA/Gold Ratio

by Tom McClellan Every chart of price data is a depiction of a ratio.  If you look at a chart of your favorite stock, what you are really looking at is the ratio of the value of your stock to …

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Obama trolling Trump on twitter

  What was Nike thinking? What was Nike thinking? — Donald J. Trump (@realDonaldTrump) September 7, 2018 It was me. That’s what you get for claiming “anonymous sources” disproved my birth certificate. pic.twitter.com/EwcOVQWA3T — Barack Obama ____________________________🇺🇸Fan (@ThePresObama) September 7, …

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