via ocregister: Southern California’s economy is growing at its slowest pace in more than seven years, according to an index from the Federal Reserve Bank of St. Louis. To create regional indexes that track a region’s business output, Fed researchers reviewed a dozen economic benchmarks — from jobs and salaries to construction permits to bank profits and … Read more
by NineteenEighty9 Larry Kudlow, the director of the National Economic Council, went after China on Thursday for digging their heels in trade talks with the U.S. “They are unfair traders. They are illegal traders. They have stolen our intellectual property,” Kudlow said at the Detroit Economic Club on Thursday. “China has not responded positively to … Read more
https://i.imgur.com/trYzI90.png Above is a quick chart of the returns of $SPY, $EEM, and $EFA, using Portfolio Visualizer. It’s just mind-boggling that the equity prices of the emerging markets could shoot thru the roof in the 2000s while that of the US moved up little, while nowadays the US equity is taking off and leaving that … Read more
by cbus20122 Real bond yields have risen higher in the past year (after being negative for a long time). For people who don’t know what this means, real yield is basically the rate of return on a bond vs. the rate of inflation. If real yields are negative, that means your money being parked in … Read more
It’s another stumble for MoviePass, which in recent months has repeatedly adjusted its movie subscription plans and taken out hefty loans to cover massive losses. New York Attorney General Barbara Underwood has opened a probe into MoviePass parent company Helios and Matheson, a person familiar with the matter told CNBC. The attorney general’s office is investigating … Read more
by Chris There are lots of unexplained oddities, enough for me to know that the officials are hiding something. Probably something embarrassing to them, of course, because that’s far and away the #1 reason for anything to be declared “sensitive” or classified. It’s simply embarrassing. Like the FBI knew all about the plot in advance … Read more
by Chris Now, it is my strong contention that the various interested parties and authorities finangle the “”markets”” as much as they can and as long as they can. This is deleterious for a number of reasons, but mostly because the three key pillars of markets become deformed if not destroyed; capital allocation, price discovery, … Read more
by Chris And here’s where today’s battle lies; at the 200 day moving average (dma) of the S&P 500. Already we’ve had two bounces off of that as a vigorous goal-line defense is mounted at this critical level (spx 2768.04): For TPTB defending these critical levels is where they feel most entitled to act. Breaching … Read more
from Zero Hedge Yesterday, when looking at a chart of gold priced in yuan, a level which the PBOC appeared to be far more concerned about than the yuan-dollar exchange rate, we asked if the Chinese central bank had “lost control”, because after managing to “peg” its currency at roughly 8,300 Yuan per oz of gold in Q3, … Read more
https://twitter.com/Breaking911/status/1052951456767205377 That’s a lot of people donating money.
by Ruby Henley All the Fact Check websites continually smack down any references to George Soros encouraging the destruction of the sovereignty of the United States. Just get used to any information making its way to the headlines concerning George Soros – that is if it is negative – to be considered false by the … Read more
by howmuch Now that the global trade war, started by United States President Donald Trump, is in full swing, many people want to learn the facts before passing judgement. Global trade is a complicated problem and it may be easier to understand the issue piecemeal. Take a look at the infographic below to see the … Read more
https://www.youtube.com/watch?v=8L9Xh1eeW90 “Supply-demand theorists glance at this graph and declare that the trend toward more U.S. oil production caused oil’s price to fall. But the claim does not bear scrutiny.”
It will probably exonerate Trump which is why they’re waiting til the midterms end: https://tinyurl.com/y7xm4aa6
by WARREN MOSLER Gone from bad to worse: Highlights The highest interest rates in over 7 years took their toll on mortgage activity in the October 12 week, with purchase applications for home mortgages falling a seasonally adjusted 6 percent while applications for refinancing fell 9 percent. Despite the sizable seasonally adjusted decline, unadjusted purchase … Read more
by Shaun Richards Yesterday brought us some new insights into the thinking of the Bank of England and indeed the UK establishment. This was because what you might consider the ultimate insider gave evidence to Parliament as Sir John Cunliffe joined the Department of the Environment as long ago as 1980. Intriguingly his degrees and … Read more
Found this romanian article about a young student from Romania that proved the negative effects of mobile phones on human health by doing a 6 months experiment on wheat https://translate.google.com/translate?hl=en&sl=ro&tl=en&u=https%3A%2F%2Fadevarul.ro%2Flocale%2Fbraila%2Fluciana-lapusneanu-dovedit-efectul-nehttps%3A%2F%2Fadevarul.ro%2Flocale%2Fbraila%2Feleva-demonstrat-laborator-excesul-telefoniemobila-dauneaza-creierului-experimentul-graului-iradiat-1_5bc7316adf52022f7598b0b0%2Findex.html This is how the wheat affected by wireless looks after 6 months https://imgur.com/a/mNzou98 View post on imgur.com h/t JustAddTwo
by Thinker Rep. Louie Gohmert, (R-Texas), on former FBI Director James Comey’s memos and the fallout from the Russia investigation. It continues to become clearer every day and why many are turning from blue to red. Americans need to stop looking at colors or parties and start looking at history of what the man or … Read more
by Martin Armstrong COMMENT: I read your piece that parliamentary governments are far more dangerous than your American system because it allows minorities to gain the upper hand and rule a country. That is clearly the case here in Germany. Merkel does not have the majority yet she leads the country and Europe. Thank you for your … Read more
by Martin Armstrong The price of Western Canadian Select (WCS) crude dropped more than US$55 per barrel BELOW North American benchmark of West Texas Crude. The widening discount is evidence the commodity is illustrating how the environmentalists are really destroying the Canada economy. They are causing taxes to rise as social programs continue on an unsound … Read more
Red Wave Rising! Early Requests and Returns Show a Huge Red Wave Coming! Republican Early Voting Even Greater than 2016! Early ballots show a huge increase in voting in favor of Republicans. It looks like our prediction is holding up! On June 23, 2018, we reported that the 2018 Mid-terms would be a referendum on … Read more
The Central Bank of Russia has continued getting rid of US Treasury bonds in August. The share of Russian investments in American debt is getting close to zero. Russian investments in US securities as of August have fallen to just $14 billion. Back in 2011, Russia was one of the largest holders of US debt … Read more
2. Indiana Senate: Sen. Joe Donnelly (D) vs. Mike Braun (R) In September, this race was looking increasingly challenging for Republicans to win. Donnelly’s low-key, pragmatic demeanor had given him a consistently narrow advantage over Republican Braun, while the GOP attacks were all over the map without any coherent theme. Donnelly, who was one of … Read more
via washingtonexaminer: President Trump’s promise to cut Obama-era regulations has gone into overdrive, with the slashing generating $33 billion in savings, far more than expected. A new report from the White House budget office said that $23 billion in savings has occurred this year alone, with the total at $33 billion since the president took … Read more
by Troy More than 1 month ago I explained my main long term worry for the U.S. stock market: The economy & the stock market move in the same direction in the medium-long term. Key economic indicators tend to deteriorate BEFORE bull markets end. But here’s the tricky part. Sometimes leading economic indicators deteriorate JUST before bull markets … Read more