Weather warnings are widespread across the Atlantic provinces with the next big storm forcing school closures and leaving thousands without power. Expect more rain, damaging winds, and a healthy dumping of snow through Thursday with the coldest temperatures of the season closely following behind this beast. By Tuesday evening, heavy snow was reported across northern … Read more
Boxes marked “provisional ballots” that were discovered in the back of an Avis rental car at the Fort Lauderdale Airport Sunday night contained blank ballots and other materials such as signs and parking cones, Broward County Elections Supervisor Brenda Snipes told reporters Monday afternoon. Thank you for following up, Tony. Every though marked ballots weren’t … Read more
Nile Gardiner joined Fox Business, Wednesday, November 14, to talk about the current trade negotiations between the U.S. and European Union, the state of the U.S.-U.K. Special Relationship, and the need for Britain to support the Trump administration’s Iran strategy going forward.
BY ROBERT ROSS Last month was a bloodbath for stocks. The S&P 500 sat on a 9.4% gain for the year on October 1. By October 29, the index was down 1.1%—its worst month in seven years. But I found one group of stocks that bucked the trend. While other stocks fell in tandem, these stocks showed gains. Here’s … Read more
by Chris The long wedge has been broken to the downside…. Solidly. The reports of the past few weeks of people not able to get their fiat out of bitfinex for many days and weeks with radio silence from the “help desk” at Bf was pretty telling. I’d be personally terrified of not getting my … Read more
By Bob Shanahan They are coming. The caravan has started to arrive. Illegal immigrants started climbing the border fence Tuesday afternoon at Tijuana and San Diego. People were scaling the fence and sitting on top of it, not going all the way over to the U.S. side. Border agents were seen patrolling in trucks, … Read more
via confoundedinterest: Last decade, there was a residential mortgage credit bubble that burst. While there doesn’t appear to be a residential mortgage credit bubble (well, just a little), there is most definitely a corporate debt credit bubble that appears to be bursting. Take General Electric. Their stock price has slipped to under $10 per share from … Read more
Central Bank Balance sheet vs GDP Swiss National Bank 125% Bank of Japan 100%. PBOC 41% ECB 41% Federal Reserve 20% Bank of Emgland 20% “Normalization” “It wasn’t enough” “Repeat” “This time is different” — Daniel Lacalle (@dlacalle_IA) November 13, 2018 #China real M1 0.2%yoy… pic.twitter.com/hP8mTLCSXu — Cantillon Consulting (@CantillonCH) November 13, 2018 "When will … Read more
Market uncertainty tied to the ongoing U.S.-China trade war has spurred more transactions than ever before between the American dollar the Chinese yuan in recent months. Much of that volume comes as businesses and investors with exposure to the Chinese market are looking to hedge their foreign exchange risk. Many of them are looking to … Read more
by ogordained UNITED STATES The budget deficit topped $100bn in October, up 60% on a year earlier. Spending outgrew revenue by $37bn Small business loan rates are rising, potentially impacting the rate at which they hire new employees however small business optimism remains high Inflation is expected to grow but it should be offset by weak oil prices and … Read more
The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the Congressional Budget Office. Spending will exceed revenue by $804 billion in the fiscal year through September, jumping from … Read more
by howmuch What is financial literacy? The S&P’s Global Financial Literacy Survey defines it as the ability to understand essential financial concepts in making informed decisions about saving, investing and borrowing. The survey asked respondents a series of financial literacy questions. Here’s one example. Suppose you have some money. Is it safer to put your money into … Read more
by David Robertson Technology has touched our lives in so many ways, and especially so for investors. Not only has technology provided ever-better tools by which to research and monitor investments, but tech stocks have also provided outsized opportunities to grow portfolios. It’s no wonder that so many investors develop a strong affinity for tech. … Read more
by Duane Norman, Free Market Shooter In 2015, the city of Chicago expanded its “Amusement Tax” in an effort to combat the city’s massive budget deficits. The tax, which originally applied to concert tickets and other entertainment events, was expanded to target citizens who have cancelled cable, by taxing online streaming services: Chicago is about to become … Read more
by Troy Oil’s crash is historic – this is the most oversold oil has been from 1983 – present. Will oil’s crash lead to “contagion” for the U.S. stock market? Meanwhile, some traders think that the S&P 500 is making an “inverted head and shoulders” bottoming pattern. *We usually ignore such chart patterns. These patterns … Read more
by Martin Armstrong Part of the War Cycle we have been warning about since it turned upward in 2014, is not merely international tensions between nation-states. This particular uptick is the convergence of two cycle – (1) the international tension, and (2) the civil unrest. I previous warned that because the civil unrest would turn … Read more
by Martin Armstrong “We see a cooling trend,” Martin Mlynczak of NASA’s Langley Research Center said in late September. “High above Earth’s surface, near the edge of space, our atmosphere is losing heat energy. If current trends continue, it could soon set a Space Age record for cold.” … …. Ron Turner a Senior Science Advisor … Read more
CNBC, Released on 11/13/18 Ever since Apple reported earnings, FAANG stocks have begun to splinter off and show a divergence in performance. Peter Boockvar, Bleakley Advisory Group, offers his take. Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/.
from Financial Survival Network Danielle Park joined us to discuss peak interest rates and the impending economic slow down. This might not be the beginning of the long awaited recession, but it certainly means that we’re getting closer. The problem is that you never know you’re in a recession until you look back a couple of years. … Read more
by Michael Lebowitz Throughout modern financial history, the ability to borrow at a 5% rate on a 30-year mortgage was considered a great deal. Over the past ten years, mortgage rates falling to between 3% and 4% have warped perceptions. Evidence of this fact can be found by the sticker shock and home buyer consternation … Read more
Our lives are under surveillance more and more. Facebook and Amazon, our phones and TVs are all listening to us and selling the data to whoever pays the bill. Now our cars are selling us out as well Vehicles are increasingly coming connected with Wi-Fi and may know more about you than you … Read more
via Sara Tipton: Many kids seem to be overly picky, eating only one or two different foods, or they just simply refuse to try new foods. It can often be trying to attempt to get the right amount of nutrients in your child if you’ve got one of these picky eaters, but we’ve gathered a few … Read more
by PaidGovernmentShill_ Maybe this will wake em up a little: So many smiles, so little tears and sadness from the Borderline “mass shooting.” https://youtu.be/hqI8ssifRiY Robbie Parker, smiling and laughing, and “getting into character” while hyperventilating. Gene Rosen, whose entire story makes even less sense than his hilarious acting. https://youtu.be/VSGFDHBphmE Thousand Oaks supposed father of a … Read more
via @kerisalison Semiconductor stocks are getting wrecked. The chipmakers have taken on water in November, falling nearly 2 percent and compounding losses suffered since the beginning of fall. Stocks like Qualcomm, Skyworks, Nvidia, Micron and AMD are all sharply lower in the past week. The worst could still be ahead for the group, says Boris Schlossberg, managing director of FX strategy at BK Asset … Read more
https://www.youtube.com/watch?v=7fhimPrVfqI https://dailykenn.blogspot.com/2018/11/study-austria-has-room-for-65-million.html DAILYKENN.com — It appears the globalist left is determined to destroy Western culture through displacement of first peoples. Less than a generation ago the far-left was complaining about overpopulation. They argued that the ecosystem could not withstand the strain of more people and the subsequent pollution. That strategy has apparently been scrapped as … Read more