Chris Vermeulen: Today (August 19th) Is The Turn-Date For The Markets…ARE YOU READY?

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by Chris Vermeulen of The Technical Traders Our August 19 breakdown prediction from months ago has really taken root with many of our followers and readers.  We’ve been getting emails and messages from hundreds of our followers asking for updates regarding this prediction. First, we believe the August 19 breakdown date will be the start of something that … Read more

Are Recessions Inevitable?

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by Ron Paul Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates than long-term Treasury note. An inverted yield curve is widely seen as a sign of an impending recession. Some economic commentators reacted to the inverted yield … Read more

Is Renewable Hydrogen A Threat To Natural Gas?

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By Irina Slav Oilprice.com recently reported on a renewable natural gas project in progress in Vermont, a rare sort of a project that collects methane from manure and other waste. Now, another similar project has been announced—this time in Colorado. Only this one does not collect methane. It produces it from renewable hydrogen. The project is dubbed the … Read more

What Caused The Recent Surge In Oil & Gas Bankruptcies?

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By ZeroHedge According to a new report from law firm Haynes and Boone LLP, bankruptcies in the upstream sector are increasing this year as energy spot prices remain subdued amid a cyclical downshift in the economy. So far, 26 exploration and production (E&P) firms have filed for bankruptcy through mid-August, with debts totaling $10.96 billion. The firm noticed … Read more

We Have Ruined Childhood: For youngsters these days, an hour of free play is like a drop of water in the desert. Of course they’re miserable.

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via nytimes: School days are longer and more regimented. Kindergarten, which used to be focused on play, is now an academic training ground for the first grade. Young children are assigned homework even though numerous studies have found it harmful. STEM, standardized testing and active-shooter drills have largely replaced recess, leisurely lunches, art and music. The … Read more

Inside the world of negative interest-rates

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by Shaun Richards A feature of modern economic life is that interest-rates were first cut as close to zero as central banks thought they could and then in more than few cases they went below zero giving us the acronym NIRP for Negative Interest-Rate Policy. There was the implication that such a state of affairs … Read more

Global Central Banks Move To Keep The Party Rolling

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by Chris Vermeulen of The Technical Traders In this last segment of our multi-part research post regarding the US Fed and the global central banks, it is becoming evident that the fear of a further market contraction is resulting in the decrease in rates and the push for additional QE functions.  Our research has shown that the global … Read more

Germany is probably already in a recession by most metrics

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Germany is probably already in a recession by most metrics https://t.co/f40fWfDKRC — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) August 19, 2019 The seriousness of the current slowdown in the eurozone is put in perspective by this excellent 15-year overview from @SoberLook pic.twitter.com/FqDk4aI6qK — Adam Tooze (@adam_tooze) August 18, 2019

This sounds like the US is planning to sell off its SPR

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via @chigrl: under the prior administration US was supposed to sell from the SPR to fund a much needed upgrade>>> US study to focus on leasing, not closing, portions of SPR: sources https://spglobal.com/platts/en/market-insights/latest-news/oil/081919-us-study-to-focus-on-leasing-not-closing-portions-of-spr-sources?utm_source=twitter&utm_medium=realtime&utm_content=oil&utm_term=news&utm_campaign=webed&utm_source=hootsuite&utm_medium=twitter&utm_term=plattsoil&utm_content=6baa4bc1-ffb8-4cab-9675-3787dfd4aba1&utm_campaign=hootsuitepost

The present outcome of HIGHER BONDS, HIGHER STOCKS, HIGHER PRECIOUS METALS, is the culmination of central banks quoting “EVERMORE.”

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via yragharris: The Federal Reserve just won’t admit that President Trump and the European Central Bank are holding its policy designs captive. Trump ramps up talk of tariffs in an effort to keep the financial markets uncertain while the ECB wishes to pursue an ever expanding balance sheet in an effort to reach an ambivalent inflation … Read more

You don’t need a PhD in economics to realize that there’s something wrong with this picture…

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Authored by Simon Black via SovereignMan.com, In the latest sign that absolutely nothing makes sense anymore, WeWork filed formal regulatory paperwork with the Securities and Exchange Commission last week, officially notifying the world that it will soon be going public. If you haven’t heard of WeWork (or it’s parent– ‘The We Company’), it’s a real estate company that … Read more

GE junk credit rating?

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by chaney3 I’ve been largely uncertain of the claims of fraud brought against $GE and haven’t cared all that much, but have been seeing more articles with regards to it’s credit rating recently. Being the Autistic intraday trader I am I don’t care all that much for credit ratings as a metric, however once $GE … Read more

Trump pressures the Fed again

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ALERT: Trump wants Fed to cut rates by full 1 percentage point-a move only considered when U.S.economy is on the brink of recession President Trump on Monday called for the Federal Reserve to sharply cut interest rates and again criticized the central bank’s chairman for a “horrendous lack of vision,” while reiterating his belief that … Read more

Recessions 101

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by WSB_Austist Warning: This is the one rare post on this sub where I’m actually going to be serious and leverage my education and experience. Will return to full spectrum Monday. Background: I’ve seen a lot of posts and talk about recessions and how to profit on them. I just want to point out every recession is … Read more

Lost Within the Rate Cut: Fed’s Drive to Establish a New Payment System

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via stevenguinness2: Part way through delivering a press conference following the Federal Reserve’s first rate cut since December 2008, chairman Jerome Powell let it be known that the central bank was ‘looking carefully‘ at developing a new faster payments system. Unsurprisingly, his words on the subject proved the equivalent of screaming into the face of a … Read more