Investment Watch Blog

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Story stocks, momentum stocks, hyperventilation stocks, consensual hallucination stocks, financial engineering stocks: anything but reality. You see, Tesla is different. It just reported another doozie, a loss of $408 million in the second quarter, after its $702 million loss in the first quarter, for a total loss in the first half … Read more

by Michael Snyder Crops all over America are failing, and the true extent of this crisis is starting to become clearer.  Months of endless rain and nightmarish flooding prevented many farmers in the middle of the country from getting their crops planted on time, and millions of acres didn’t get planted at all.  And if … Read more

via howmuch In the first quarter of 2019, the total private and public debt of the United States hit a record $70 trillion, raising concerns about the possibility of widespread defaults. Non-financial corporate businesses hold about $9 trillion of that debt. What companies are holding the most debt, and which are more concerning? Of the four firms with … Read more

via Zerohedge: Once you’re looking for them, it’s difficult not to notice a slew of food app delivery riders all across New York City. A New York Times reporter went undercover this past spring to try and learn about the occupation and how technology was transforming food delivery. The article calls delivery riders a “street-level manifestation of an overturned industry, as restaurants … Read more

by Michael Snyder If the U.S. economy really was “booming”, then corporate earnings would be rising.  But that isn’t happening.  In fact, we haven’t seen corporate earnings fall like this since the last recession.  They fell during the first quarter of this year, and based on the results we have so far, it appears that … Read more

Economist John Williams is warning of a slowing economy and money printing to try to fix it all—again. Williams warns, “I can tell you why I would buy gold. You are seeing something here that is extraordinarily dangerous. It doesn’t have a happy ending for the traditional markets. . . . Back when the S&P … Read more

by Charles Hugh-Smith That we fall for the fakes and cons is understandable, given that’s all we have left in the public sphere. What do we mean when we say corporate media is fake? We mean it’s a carefully crafted con, a set of narratives, cherry-picked data and heavily massaged statistics (the unemployment rate, etc.) … Read more

via mises: There are many misconceptions about the collateral damages of financial repression.  The first one is to believe that Central Banks monitor or react to financial risk accumulation. Policymakers tend to allow excessive risk-taking as a lesser evil side effect in their quest for inflation at any cost (read my paper). If asset valuations … Read more

via mises: Money supply growth fell in June, falling back near March’s growth level, which was at a 12-year (145-month) low. June growth rate was higher than only two other months during this 12-year period: March 2019 and April 2019. In June, year-over-year growth in the money supply was at 1.98 percent. That was up slightly … Read more

by Troy After a big 7 month rally, many investors and traders are expecting a pullback/correction sometime in the next few months. This begs the question: if everyone thinks this way, will they all be right? Today’s headlines: A big 7 month rally. “The stock market today is just like 1998.” Volatility continues to fall. … Read more

by confoundedinterest17 The Census Bureau reports New Home Sales in June were at a seasonally adjusted annual rate (SAAR) of 646 thousand. That is up 7% over May NHS. That is the good news. Now for the less good news. First, new home sales are up … to pre-1995 levels. That is, pre-house price bubble (orange line).  Second, … Read more