From Birch Gold Group Home builders across the U.S. are struggling to come to grips with an incredibly toxic combination of rising rates and lack of affordability in the housing market. National Association of Home Builders (NAHB) Chairman Randy Noel downplayed the situation, saying customers are “taking a pause” to see how high rates will go and keeping an eye … Read more
by Dr. Eowyn During the 2016 presidential campaign, Donald Trump and his “deplorable” supporters repeatedly called for “locking up” Hillary Clinton for her illegal use of a private email server when she was Obama’s secretary of state. If you’ve wondered why President Trump hadn’t “locked her up,” you should know it is not for his … Read more
By Bill Bonner BALTIMORE, MARYLAND – Today will be an interesting day. After falling the last two days, stocks should bounce. And the futures market says they will. But now, we will see what the speculators are really thinking. Will they want to go away for a four-day holiday with the stocks they’re holding? Or … Read more
from Financial Survival Network Gordon T. Long has been watching auto sales for quite some time. Debt keeps going up and now sales are declining. Corporate debt has escalated and it has become a giant equity to debt swap. It can’t keep going the way it’s going and it won’t. According to Gordon it’s all just a … Read more
From Medium: I torched all my old tweets at the beginning of this year, using one of the many websites that help you destroy your online past. Like any reasonable person, I’ve never been a virulent racist or sexist. But the unscrupulous, mass-deletion of personal almanacs has become something of a rite of passage for anyone … Read more
TESLA ‘Gigafactory 2’ — mostly empty…Built with $750 million in taxpayer funds… After $750 million in subsidies and years of delays, critics say the Tesla CEO hasn’t done enough for the Gigafactory 2 solar panel factory. Just south of downtown Buffalo, near abandoned factories and crumbling brick warehouses, is a 1.2-million-square-foot white box with Tesla Inc.’s solar … Read more
Nissan’s Carlos Ghosn thought his rock-star status meant the rules didn’t apply to him. Then came his arrest for financial improprieties. From Bloomberg: The apparent downfall of Carlos Ghosn, the celebrity chief executive officer of Renault and board chairman of Nissan, is the latest example of what can happen when top executives get caught up in … Read more
From Jim Rickards, Editor, The Daily Reckoning: One of the questions I am asked most frequently in my global travels is what will be the cause of the next financial crisis. This question is asked by those who understand that this crisis is coming but want to pin down the date or a specific turn of … Read more
Free Vacations, $100,000 Discounts: Homebuilders Get Desperate… (Bloomberg Businessweek) — Ram Konara, a real estate broker in suburban Dallas, is raking in freebies this year: trips to Lake Tahoe and Santa Barbara in California, Cabo San Lucas in Mexico, and a dude ranch in Wyoming. The homebuyers he represents are cashing in, too. They’re winning … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter It gets serious. Margin calls? No one knows what the total leverage in the stock market is. But we know it’s huge and has surged in past years, based on the limited data we have, and from reports by various brokers about their “securities-based loans” (SBLs), and from individual fiascos when, … Read more
by John Rubino A recent MarketWatch article notes that: GE was one of Wall Street’s major share buyback operators between 2015 and 2017; it repurchased $40 billion of shares at prices between $20 and $32. The share price is now $8.60, so the company has liquidated between $23 billion and $29 billion of its shareholders’ money on … Read more
via visualcapitalist: For American retailers, Christmas comes a month earlier. Starting in late-November, the holiday shopping season officially kicks into high gear – and it’s the beginning of a month-long stretch that can either make or break retailers. Black Friday is the shotgun start for this mad scramble of consumerism. And whether you are waiting in … Read more
•France will show signs of Grand Solar Minimum first in Europe •Greenland gained 550 billion new tons of ice 2017-2018 •How to identify Atmospheric compression events using global temperature maps •Migrating arctic birds cannot nest too much ice and snow on Greenland this summer •California fires blamed on drought, but record rains last year in … Read more
https://www.youtube.com/watch?v=o_n4kHZuGZU Jim Hoft for the Gateway Pundit reports, Author and columnist Ann Coulter joined FOX News host Laura Ingraham on Friday to discuss the latest news on the illegal migrant caravans marching to the US southern border. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…
by Kimble Charting This chart looks at the Nasdaq Composite Index (IXIC) over the past 38-years. It has spent the majority inside of the past 25-years inside of rising channel (1). The Long-term Trend in this index remains up, despite the softness of late. The rally off the bottom of the channel that started in 2009, hit the top … Read more
https://www.youtube.com/watch?v=P8ay1qKWpqM For More Information See: http://strangesounds.org/2018/11/what… https://www.thesun.co.uk/news/7682561… http://www.cleveland19.com/2018/10/11… https://www.dailystar.co.uk/news/weir… https://en.wikipedia.org/wiki/Rayleig… https://www.nytimes.com/1972/07/03/ar… http://www.nawmc.org/ http://www.weathermodification.com/in… https://www.dailystar.co.uk/news/late… https://archive.org/details/WeatherAs… https://www.thesun.co.uk/news/7682561… https://www.thesun.co.uk/news/7682561…
Some investors have excellent timing. Most do not. But if you were on the inside and knew what would happen before it does, you would probably have good foresight. Whether or not Soros knew a crash was coming, seems like he had impeccable timing, doesn’t it? Equities, in particular FANG stocks, had a spectacular rise … Read more
By Bob Shanahan The caravan is here. The invasion has begun. Unfortunately, the judicial branch continues to hamper President Trump’s duty to defend the citizens of the United States. A federal judge stopped the Trump administration from refusing asylum to immigrants crossing our southern border illegally on Tuesday. President Trump issued an order earlier … Read more
by howmuch If you are trying to save money, take a look at your electrical usage. That’s the message from a new report detailing average utility costs across five different categories for every state across the country. Researchers at move.org crunched the numbers for five essential utilities. They looked to the U.S. Energy Information Administration (EIA) to … Read more
by J-LG https://www.bloomberg.com/news/articles/2018-11-19/danske-whistleblower-points-finger-at-deutsche-bank-in-testimony Deutsche Bank is being drawn deeper into the widening money-laundering scandal surrounding Danske Bank. Whistle-blower Howard Wilkinson, who stunned a parliamentary hearing with an assertion that he was offered hush money by the Danish lender, estimated that more than half the $230 billion in suspect funds handled by the bank was funneled … Read more
The crypto goes down and Coinbase collects a round of 300 million dollars (BTW at an 8BN rating). Among the investors are large asset managers, leading VCs and crypto funds. The capitals will be invested to further develop the company’s business: International development and in particular linking the fiat world (regulated in all nations) with … Read more
The Fed will be selling back MBS into the market. Statement Regarding Agency Mortgage-Backed Securities Small Value Exercise November 20, 2018 The New York Fed undertakes certain small value open market transactions from time to time for the purpose of testing operational readiness to implement existing and potential policy directives from the Federal Open Market … Read more
Amazon’s bid includes the New York-based YES Network, which is partly owned by Yankee Global Enterprises. Apollo Global Management, KKR, Blackstone, Sinclair Broadcast and Tegna are also making first-round bids for the regional networks, sources tell CNBC. Fox, which was seen as a front-runner to acquire back the channels it recently sold to Disney, did … Read more
https://investornews.vanguard/our-index-funds-changed-investing-forever-now-were-making-them-even-better/ No DRIP drag, fractional shares, NAV pricing, no spread, and no trading risk. Honestly, I think the mutual fund is better than the ETF version now. If you’re like many successful investors, you like to keep it simple. That means saving consistently in low-cost, straightforward investments like index funds. We get it. We … Read more
Been watching CNBC for good or bad. They kept re-iterating that buying the dip is no longer working like it did in 2000. AC