Investment Watch Blog

by Troy As we expected in last week’s market outlook, the U.S. stock market has pulled back after a hard bounce. The S&P 500 has now retraced more than 61.8% of its gains. The economy’s fundamentals determine the stock market’s medium-long term outlook. Technicals determine the stock market’s short-medium term outlook. Here’s why: The stock market’s long … Read more

by Charles Hugh-Smith When was the last time a monopoly or quasi-monopoly was broken up? A generation ago, or was it two generations ago? The Ruling Class that wants us to love our servitude incites us to seek divisions: between red and blue, left and right, progressive and conservative, and so on. The Ruling Class in the mainstream … Read more

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The area of Silicon Valley and San Francisco – comprised of the counties of San Francisco, San Mateo, and Santa Clara – is one of the most expensive housing markets in the US. Atherton, a town in the heart of Silicon Valley, has been named the single most expensive zip code in the … Read more

by Michael Snyder A lot of people are shocked by how rapidly things are beginning to move.  The U.S. economy is slowing down at a pace that we haven’t seen since the last recession, and this is something that I have been tracking extensively.  But now the slowdown is so obvious that even some of the biggest … Read more

by Tom Luongo The only words that were left out of Theresa May’s announcement of achieving Cabinet approval over her Brexit deal were Mission Accomplished. Theresa May was put in charge of the U.K. to betray Brexit from the beginning.  She always represented the interests of the European Union and those in British Parliament that backed remaining … Read more

by Dr. Eowyn Inés San Martin reports for Crux, Nov. 15, 2018, that the United Nations Human Rights Committee wants to make abortion and “assisted suicide” — a euphemism for euthanasia — a univeral human right. A “General Comment” is a UN agency’s interpretation of the provisions of the treaties to which it is a party. … Read more

https://www.youtube.com/watch?v=Ur3vWxlP_gM It has been revealed through an “accidental” cut and paste that the US department of Justice is going to indite Julian Assange. The revelation was exposed in an unrelated case Eastern District of Virginia. Links: https://steemit.com/news/@theouterlig…        

Ben Marquis for the Conservative Tribune reports, Recall during the 2016 election when Democratic presidential nominee Hillary Clinton strongly implied that Republican nominee Donald Trump would refuse to accept an electoral loss and would call the legitimacy of the entire electoral process into question, an absolute travesty for our “democracy.” https://www.youtube.com/watch?v=o5Ib6_PzsNI Read More/Source/Credit/FairUse: https://www.westernjournal.com/ct/tuc…   … Read more

The rabid bidding war among American cities to be the location for Amazon’s new “headquarters” was essentially a scam. Bezos always knew where Amazon was going: right next door to his buddies at the Pentagon, with another location in New York. What about all those other 236 cities? Where did their efforts get them? Well, … Read more

by WARREN MOSLER Note the deceleration began with the collapse in oil capex in 2015: The year end tax cut caused a onetime increase in earnings that subsequently flattened out and may now be declining: Seems Saudis are raising prices: Stopped growing a couple of years ago:

by Dana Lyons Bruised Apple stock still has several key potential support layers just below. Among the factors bears are pointing to in arguing for a more serious downturn in the stock market is the (potential) loss in leadership among the FANG stocks and another noteworthy tech bellwether — Apple. Regarding the latter, bears are correct … Read more

From Birch Gold Group Round and round we go, where the hawkish Fed stops, nobody knows… There was a bit of tension in the markets last week. This tension stemmed from a prediction that the federal funds rate would be well on its way to a decade high even if the Fed did nothing at their November meeting. Well, that … Read more

by Chris The TPTB have lines drawn all over the beach apparently.  They are desperately afraid of all sorts of things:   People having access to the truth Markets finding their own way People deciding what to put in their own bodies In the case of the “”markets”” the central banks have decided that they … Read more

by Kimble Charting CLICK ON CHART TO ENLARGE Trouble started for the S&P 500 in 2000 when momentum diverged for months, it broke below multi-month trading range support, 200-day moving average, and multi-year rising support at (1). Trouble started for the S&P 500 in 2007 when momentum diverged for months, it broke below multi-month trading range support, 200-day moving average, and multi-year … Read more

People can’t breathe n are wearing masks can’t go out or to work I’m getting an asthma attack just looking at it As California Wildfires Death Toll Rises Again, an Air Quality Disaster Worsens https://t.co/b52Q8n1ZRx pic.twitter.com/ajxz7Sj20g — Sean Breslin (@Sean_Breslin) November 16, 2018   We're now 8 days into the #California Camp and Woolsey #fires. … Read more

Tell the EU to screw off then negotiate afterwards: http://archive.is/TEYL6   Theresa May surely by now symbolises the phrase “bad day at the office”. This week, having spent months negotiating the deal by which Britain will leave the European Union next March, May had a gruelling five-hour meeting with her cabinet on Wednesday night. That … Read more

via seekingalpha: Summary State and local pension plans are seriously underfunded even with optimistic return assumptions. Given where interest rates and equity valuations are today, more realistic return assumptions will further inflate the liabilities. There is a shift towards defined contribution or hybrid models, but the rate of change is very slow and often only applies … Read more

via calculatedriskblog: From the NY Fed: Total Household Debt Rises for 17th Straight Quarter The Federal Reserve Bank of New York’s Center for Microeconomic Data today issued its Quarterly Report on Household Debt and Credit, which shows that total household debt increased by $219 billion (1.6%) to $13.51 trillion in the third quarter of 2018. It was … Read more

by Thinker Is Amazon working for the people or against them??? History and actions are showing that there are questionable actions coming from those who have not openly supported the 45th president of the United States Donald Trump. Since Hillary didn’t win, the coverup of debt isn’t happening and now Americans are finally seeing the … Read more