The Fantasy of Central Bank “Growth” Is Finally Imploding
by Charles Hugh-Smith Having destroyed discipline, central banks have no way out of the corner they’ve painted us into. It was such a wonderful fantasy: just give a handful of bankers, financiers and corporations trillions of dollars at near-zero rates of interest, and this flood of credit and cash into the apex of the wealth-power pyramid … Read more
Six effective ways to improve the trading skills
Everyone wants to become a successful trader in the Forex market. Sadly, only 5% of the retail traders can make a consistent profit by trading the live instrument. If you intend to lead your dream life based on currency trading profession, you must develop your trading skills with an extreme level of precision. Giving an … Read more
A case study on effects of psychology in trading
There is no doubt that emotions and behavioral factors play a big part in defining good traders. Stress, mood and other psychological factors we discussed in earlier artcles play a significant role in how most traders execute their trading. Traders who enjoy stable emotions make good traders in general. A research done by The University … Read more
The [CB] Is Doomed, They Just Showed Their True Colors
Boris Johnson is tweeting just like Trump letting the establishment know that the BREXIT is happening and nothing can stop it. The 1977 Jim Carter law allows Trump sweeping powers to block China, Trump mentioned this on purpose. The [CB] says the trade wars is going to cause the recession. The [CB] shows their true … Read more
Mapping International Trade: Who Are the Biggest Exporters?
by howmuch Exports are a major aspect of international trade. Countries around the world can bolster their economies by selling their resources and consumer goods to other nations around the world. Developing and developed countries both export products around the globe. But which countries lead the global economy in exports? We constructed a helpful visualization … Read more
What We Have Been Waiting For Is Coming, We Have The Ultimate Weapon
The mystery of covfefe is now revealed. Trump skips climate meeting, the UN leaks the real agenda behind the climate agenda. Trump wants Russia back in the G7, the [DS] responds. JW goes after Rep Omar. McCabe might be indicted. The US C_A and the Mexican C_A worked together. Iran reaches out, its happening. The … Read more
Bearish Divergences Similar To 2000 & 2007 In Play Again!
by Kimble Charting Does history at important junctures ever repeat itself exactly? Nope Do look-alike patterns take place at important price points? Yup This chart looks at the S&P 500 over the past 20-years. In 2000 and 2007 bearish momentum divergences took place months ahead of the actual peak in stocks. Currently, momentum has created a bearish divergence … Read more
Why The Next ECB Stimulus Plan Will Also Fail
by Daniel Lacalle In June 2014, I wrote an article called “Draghi’s Plan does not fix Europe.” In that article, I explained that the structural challenges of the eurozone — high government spending, excessive tax wedge, lack of technology leadership and demographics — were not going to be solved by a round of quantitative easing. … Read more
Gold Price Predictions from Wall Street – $2,000 (or higher) as Early as Next Year
by Jeff Clark With gold prices having broken out recently, many banks and analysts have released updated price projections. And in every case I’ve seen, those predictions are higher. Yes, banks and brokerage houses are not the best source for analysis of the precious metals market—they’re heavily biased toward stocks, and their track record with gold … Read more
Correlation between unemployment and the stock market in the past -25 years
by AestheticFC https://i.imgur.com/eElhmNU.jpg -Red line is Civilian Unemployment Rate (UNRATE) -Blue line is SPDR S&P 500 ETF Trust (SPY) This was generated by merging two charts together to see their interlaced behavior. X-axis is exactly the same for both (time) and Y-axis is labeled on the far left for each. UNRATE first column, SPY second column (both using log … Read more
Mortgage Defaults Rise First Time Since Financial Crisis
via mishtalk: Defaults are up for the first time since the great financial crisis. But as rates fall, a refi surge will help millions. The Black Knight Mortgage Monitor shows the first annual rise in defaults since the crisis. First Lien Defaults by Quarter An estimated 243K borrowers defaulted on first lien mortgages in Q2 2019 While the … Read more
Central Bank Update
by WSBConsensus Borrow money from Switzerland and put it in Turkish savings account. Free money
Just Got Laid Off – I’ve Got the Best Bosses Ever, but They See the Economy Tanking in Short Order
A Slow Motion Collapse Testimony: I work for a donor management software company who’ve watched the charitable organizations we serve falling off in numbers like they’ve never experienced before. They simply can’t afford those of us they’ve decided to let go, at this point. The charities have been facing much reduced donations of late and … Read more
World’s top wealth manager urges clients to sell stocks
https://www.ft.com/content/98318f9a-c808-11e9-a1f4-3669401ba76f The world’s largest wealth manager has turned bearish on stocks, fearing that the latest escalation of the trade fracas between the US and China poses a heightened threat to global markets. UBS Wealth Management, which oversees $2.5tn for rich clients, has trimmed its core equity recommendation to an “underweight” position for the first … Read more
The China tariffs
by WSBConsensus
How Elon Musk Fooled Investors, Bilked Taxpayers and Gambled Tesla to Save Solar City – Bethany McLean
https://www.vanityfair.com/news/2019/08/how-elon-musk-gambled-tesla-to-save-solarcity If you’re not familiar with Bethany McLean, she wrote “the smartest guys in the room” which covered Enron and has written extensively on the 2008 financial crisis. h/t Lost_in_Adeles_Rolls
My China theory / DD. The trade war is going to hit it’s peak in January – May 2020. Details inside
by IS_JOKE_COMRADE Background: I spent a year in Beijing, speak Chinese, lived with a Chinese family for several months, and have an advanced degree in Chinese Studies from a top-3 international affairs institution in the U.S., and have followed China related news closely for the past 8 years. I have called China ‘right’ to friends … Read more
Could Stocks Crash This Fall? What Are the Odds That Copper, Treasury Yields and Fex Ex Are All Wrong?
by The Phoenix As I noted yesterday, stocks were due for a bounce. That bounce is now underway. This should hold up a few more days, but then comes the NASTY move the markets have been warning about for weeks. Copper, Treasury Yields, and Fed EX are all real-world economic indicators that tell us what the … Read more
Does Fibonacci analysis “support” a major top nearby in the stock market?
by Dana Lyons When considering difficult math problems, it is, at times, easier to work backwards. Start with the answer and work your way back. So it can be with various charting techniques as well. That includes one of our favorite forms of analysis — Fibonacci — as we demonstrate in today’s Chart Of The Day. … Read more