by Chris Yep, the futures are down very hard. A crash is not unthinkable from here. What do I mean by “crash”? I’m not talking about some -5% decline in the headline US equity indexes. I am referring to an “out of parameter” event that causes the computer algos to pack up and go away … Read more
Today, the prospect of digital banking is centered on the blockchain technology. Cheaper, faster, and cross-border transactions will be accessible to everyone irrespective of their location. Remarkably, if the principle of peer-to-peer lending is applied, it means that even the underbanked, unbanked, and those with bad credit history will have the opportunity to take crypto … Read more
by Michael Snyder Global stocks are falling precipitously once again, and banking stocks are leading the way. If this reminds you of 2008, it should, because that is precisely what we witnessed back then. Banking stocks collapsed as fear gripped the marketplace, and ultimately many large global banks had to be bailed out either directly … Read more
by Michael Snyder Even though the midterm elections are about two weeks away, it is the massive caravan of migrants currently headed toward the U.S. border that is garnering most of the top headlines. President Trump had been hoping that this caravan would be stopped at Mexico’s southern border, but that did not happen, and now … Read more
via confoundedinterest: The Smart Money Flow Index is a sentiment index attempting to measure “skittishness” in the markets. Particularly at stock market opening in the US for the Dow. We saw a collapse in the Smart Money Flow index in 1999 as the Dot.com bubble exploded. Then we saw a slower decline starting in 2004 in front of … Read more
by lxvresearch “Everything turns in circles and spirals with the cosmic heart until infinity. Everything has a vibration that spirals inward or outward — and everything turns together in the same direction at the same time. This vibration keeps going: it becomes born and expands or closes and destructs — only to repeat the cycle … Read more
by kCinvest These are the most common causes for bubbles to be sustained: Disinflation (rising equity prices on falling inflation) Easy credit & low interest rates Real broad MZN growth acceleration (liquidity trade) Behavioural finance (herd mentaility, overreaction to good news) Rising public participation (stock market euphoria, friends and colleagues making money) Monetary excess (pumping liquidity … Read more
https://twitter.com/hks55/status/1054450442569166854 BlackRock Passive BlackRock Passive BlackRock Passive pic.twitter.com/mKooWCXBm3 — mcm-ct.com (@mcm_ct) October 22, 2018 Reminder of this chart – how oversold are we? Well actually – overbought would be the better question pic.twitter.com/2kCKiWGhBA — mcm-ct.com (@mcm_ct) October 22, 2018 https://twitter.com/hks55/status/1054473118620794881
https://twitter.com/hks55/status/1054485725205483520 https://twitter.com/hks55/status/1054476039513169920 https://twitter.com/hks55/status/1054480119081910272
via threepwoodpirate: The mega millions jackpot is $1.6 billion, but that is paid in: a. A lump sum payment of $904 million; or b. Annuity payments of $53.3 million over 30 years. Here I’ve graphed how much money you would have after 30 years for each of these options based on different rates of return. Assumptions: … Read more
via Rodions_axe: Data: https://knoema.com/ Tools: Matplotlib
AMERICA’S CAMP OF THE SAINTS PROBLEM: A vast caravan of unarmed poor migrants are walking* north towards the frontier. A far-right dystopian novel from 1973 foresaw the challenge. Plus a related question and answer: Did a Univision reporter prove Donald Trump right about the migrant caravan? Twitchy.com observes that earlier today, Trump tweeted: Naturally, as Twitchy goes on to note, the … Read more
Originally posted at Breifing.com According to FactSet, the five-year average for the forward 12-month P/E multiple for the S&P 500 is 16.3. Today, the forward 12-month P/E multiple is 15.9 versus 16.8 at the start of the fourth quarter. On the surface, the S&P 500 appears to be undervalued. Why, then, hasn’t there been a rush to buy … Read more
by Jim Quinn The national debt went up by $1.2 TRILLION in the last fiscal year. Tax revenue plummeted, while spending skyrocketed. Interest on the debt soared to an all-time high. Promise more tax cuts with no plan to pay for them by cutting spending. That’s the ticket. Now you know what they taught at … Read more
by Dr. Eowyn The first “migrant caravan” of invaders from Honduras and Guatemala has swelled to more than 7,000 and are reported to have crossed the Guatemalan border into Mexico, “with little resistance” from Mexican authorities. A second “caravan” of more than 2,000 Hondurans reached Guatemala yesterday. See “Central American ‘caravan’ invaders are in Mexico, … Read more
by Thinker Better late, than “NEVER!!!” For the prime minister of Australia, at least he exceeds the leaders of the U.S. and U.K. for acknowledging failure. There are children crying all over the world and for the majority of nations the heads of state remain quiet, and the guilty continue to assault. How long will … Read more
After five days of early voting in North Carolina, turnout resembles early voting from the presidential election in 2016 – not a mid-term election. Even though there is no Senate race on the ballot, both Republicans and Democrats seem eager to cast a vote in a mid-term election that President Trump has said is a … Read more
BY JARED DILLIAN A friend of mine from a former life recently resurfaced. He asked if I would look at his portfolio, which I was happy to do. I felt a bit like an emergency room doctor who got a patient with a very obvious problem, like, a missing arm. My friend started out years ago … Read more
via Bespoke The S&P Regional Banks have gotten battered once again today, down 3.01%. But that is purely a continuation of what has been a rough Fall. The index has fallen 16.58% from its high back in early June and has fallen 7.05% since the start of October. The stocks in the index are down … Read more
via Ben Leubsdorf The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters surveyed by The Wall Street Journal. Some 59% of private-sector economists surveyed in recent days … Read more
via Natasha Doff The U.K.’s largest active manager is taking up arms against what it sees as an imminent liquidity crunch coming to credit markets. As bouts of late-cycle volatility prompt fears of an impending race for the exits, Aberdeen Standard Investments has been scooping up securities with greater liquidity relative to cash bonds, like credit … Read more
China’s burst of local bond issuance is supposed to fund roads, affordable homes and other infrastructure developments that will help support its flagging economy. But there don’t seem to be enough projects around to spend the money on. Provincial authorities had by the end of September already raised 92 percent of the 1.35 trillion yuan … Read more
Netflix Inc. NFLX, -0.94% said Monday it plans to raise $2 billion through the offering of U.S. dollar- and euro-denominated bonds to qualified institutional buyers. The streaming video service said the interest rate and maturity of the bonds will be determined later, after negotiations with initial purchasers. The company plans to use the proceeds from the offering for … Read more
