Investment Watch Blog

Peter Stroke to publically testify to Congress today on his actions caused by Trump Derangement Syndrome

July 12, 2018 10:46 am

https://www.c-span.org/video/?447953-1/fbi-deputy-assistant-director-peter-strzok-testifies-2016-investigations WATCH LIVE ON JULY 12 | 10AM ET | C-SPAN3 https://abcnews.go.com/Politics/fbi-agent-peter-strzok-publicly-testify-capitol-hill/story?id=56526543 FBI agent Peter Strzok, who President Donald Trump has accused of committing “treason,” will testify in public for the first time Thursday and is expected to be grilled …

Wall Street awaits a challenging month as earnings season looms

July 12, 2018 9:16 am

by indianleo Earnings season is a very important period of time for investors as well as traders. Every public company posts their quarterly performance or earnings to the public and it generally takes place in January, April, July, and October of …

US bond yield curve (2y-10y) not inverted just yet (0.267). However inversion quite likely over the next 2-3 months (seasonal weakness in Equity markets)

July 12, 2018 9:14 am

meanwhile 2s10s .266 2s10s swaps < 10bps 5s30s < 2bps 10s30s already inverted Global 10-Year Yields…

“The worst performing currencies vs. US Dollar this year… Emerging Market Crisis!

July 12, 2018 9:13 am

h/t @charliebilello do not look

Obama Steps Out Of The Shadows With Eric ‘Fast And Furious’ Holder Calling For Redrawing Voting Districts To Favor Democrats

July 12, 2018 9:05 am

by Geoffrey Grider Former President Barack Obama is diving into politics once again by appearing in a video warning against the supposed damaging effects of partisan gerrymandering and calling on voters to politicians who support his idea of “fair” redistricting …

FANG seems fundamentally worthless?

July 13, 2018 6:30 amJuly 12, 2018 9:02 am

#FANG STOCKS Am I missing something? The fair value calculated by discounted cash flow Shiller P/E or overall P/B ratios are also that high :: what longtime worldwide QE‘s can do Despite the acceleration in U.S. growth, real earnings …

Jeff Clark Interview: Why the Russians Are Liquidating Their US Treasuries

July 12, 2018 8:59 am

by Jeff Clark, Senior Precious Metals Analyst, GoldSilver In case you’re unfamiliar with the 1966 movie The Russians Are Coming!, it’s a fun romp about a Russian submarine that accidentally runs aground off the New England coast during the Cold War …

FIFA World Cup Trophy Is Made of 11 Pounds of 18-Karat Gold Worth $168,000

July 12, 2018 8:58 am

via thejewelerblog: On July 15, after a full month of heart-thumping competition, the members of a single national team will emerge as champions and experience one of the ultimate thrills in professional sports — raising aloft the 18-karat gold FIFA World …

Trade war continues to rattle the market

July 12, 2018 8:58 am

by indianleo It has been a long time since the trade war talks began. At first, it was only a war of words between the world’s two largest economies. Slowly, it took a bigger form and is currently under effect. …

Tesla under 200k mark in Q2, full $7500 tax credit available until end of 2018.

July 12, 2018 8:56 am

Link: https://www.tesla.com/support/incentives The following federal income tax credits are available to anyone who purchases a new Tesla Model S, Model X or Model 3: Federal Tax Credit For Vehicles Delivered $7,500 On or before December 31, 2018 $3,750 January 1 to …

Former Tesla employee (Martin Tripp), AKA “the sabateur,” has officially filed a whistleblower complaint with SEC

July 12, 2018 8:55 am

https://www.washingtonpost.com/technology/2018/07/11/former-tesla-employee-blasted-by-elon-musk-takes-battle-sec-filing-whistleblower-complaint/?noredirect=on&utm_term=.e3e715fcb02c Tripp told the SEC on Friday that the Silicon Valley car company, whose $53 billion value rivals that of General Motors, had pushed for a number of potentially damaging measures to meet production quotas, including placing batteries with puncture …

Investors Are So Nervous About A Potential Recession That They’re Preparing For One

July 12, 2018 8:49 am

via CNBC Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability. “It’s a classical late cycle story. So, when I was here last time, I said we were long and nervous. …

A triple-A rated bond yielding 300%. Nothing weird there.

July 12, 2018 8:38 am

China Coal Firm With AAA Rating Has Bonds Yielding Over 300% 69 companies spanning the globe have boosted their debt levels by 50% or more in the past 5 years and now have at least $5b of debt. Together, they’re …

3 Largest Economics In World Running On PONZI Finance

July 13, 2018 6:30 amJuly 12, 2018 8:36 am

Why what happens in the US+China+Japan really matters (chart)….why US nat’l debt going from $10–>$21T, China $7T–>$34T and Japan’c central bank’s balance sheet going from 30% to 100% of GDP matters. 3 largest economics in world running on PONZI finance …

Alarm Bells: This Is Looking Like One Of The Fastest Global Economic Slow Downs Since 2008…. Its Happening Fast!

July 13, 2018 6:30 amJuly 12, 2018 8:34 am

Alarm Bells: Copper & Oil Crash #OOTT pic.twitter.com/pacPGR56vT — Alastair (@StockBoardAsset) July 11, 2018 Copper has now lost 1/4 of its value in a month.. Zinc near 30% of value gone now..Nickel near 20%…. This is looking like one of …

Why would a country not want their citizens back? Perhaps they didn’t send us their best.

July 12, 2018 8:26 am

Myanmar, Laos hit with visa restrictions for not accepting citizens deported from U.S. – Visas for government officials will be restricted, restrictions could be expanded if they fail to cooperate – The first category to be restricted are B1 & …

Oldest Tools Outside Africa Found, Rewriting Human Story… 2,100,000 years old!

July 12, 2018 8:22 am

via nationalgeographic: Modern humans’ distant relatives left Africa earlier than previously thought—rewriting a key chapter in humankind’s epic prequel, according to a discovery unveiled on Wednesday in Nature. Nearly a hundred stone tools found at the Shangchen site in central China may push …

US-China Trade War A Warm-Up For Global Financial Crisis, Warns Investor Mark Mobius

July 12, 2018 8:06 am

via RT Expect big problems with the global economy as the trade conflict between the United States and China escalates, predicts veteran investor Mark Mobius. There’s no question we’ll see a financial crisis sooner or later because we must remember …

Democrats literally can’t handle being around individuals with opposing views

July 12, 2018 8:06 am

Link to the survey (2017) Link to their 2018 survey They are tolerant as long as you toe their party line. Majority of Democrats at Dartmouth ‘uncomfortable’ living with roommate who disagrees on politics, poll finds Any organization not explicitly …

BRIDGET JOHNSON: Kavanaugh Visits Capitol Hill as Durbin Predicts ‘Wild West D.C.’ If Confirmed. “Senate Dems vow to ‘look into what went on and what assurances were made that brought this name to the top of the list’.”

July 12, 2018 8:01 am

via pjmedia: WASHINGTON — Senate Democrats vowed today to try to use deep investigation and grassroots activism to stop President Trump’s pick for the Supreme Court as federal appeals court judge Brett Kavanaugh began making the rounds on Capitol Hill to …

YouTube investing $25M in journalism and pushing ‘authoritative’ sources. Operation Mockingbird Continues

July 12, 2018 7:59 am

Continuing down the Operation Mockingbird Rabbit hole, YouTube has decided they need to hire Journalists in order to Push Their “Sources” on viewers Watch the latest video at foxnews.com via foxnews: YouTube is pouring $25 million into journalism …

THE HILL: Dem pollster: Moderate Dems stand the best chance of winning in November…. Plus: Dems should not call for abolishing ICE ahead of November

July 12, 2018 11:28 amJuly 12, 2018 7:58 am

THE HILL: Dem pollster: Moderate Dems stand the best chance of winning in November. Democratic pollster Carly Cooperman, who is a partner at Schoen Consulting, on Wednesday said moderate Democrats stand the best chance of winning in the upcoming midterm elections. …

Security experts exposed RoughTed – a massive malvertising operation

July 12, 2018 7:54 am

Cybersecurity technicians from Malwarebytes.com have researched a malvertising operation that had already been active for about a year with the peak on March, 2017. The malicious ads have gathered about half a billion clicks in just three months. Malvertising is a …

Poll Asks Americans To Name The Greatest President In Their Lifetimes – Barack Obama Wins With 31 Percent

July 13, 2018 6:30 amJuly 12, 2018 7:52 am

by Michael Snyder It is exceedingly difficult to be optimistic about the future of our nation when you see poll numbers like this. The Pew Research Center recently conducted a survey in which they asked Americans to name the president that has …

Is The Left Going To Try To Use Brett Kavanaugh’s Old Credit Card Debts To Derail His Nomination To The Supreme Court?

July 13, 2018 6:30 amJuly 12, 2018 7:52 am

by Michael Snyder In a way, I feel very sorry for Brett Kavanaugh right now. This Senate confirmation process is going to be like going to a proctologist every single day for weeks on end. Investigators are going to go …

Trade Rhetoric Escalation Accelerates Flattening Of US Yield Curve

July 12, 2018 11:28 amJuly 12, 2018 7:51 am

via Forex Live There are two things that have been giving added support for a flatter yield curve so far this year, one is the Fed continuing to tighten and the second being the trade tensions. The closer we are …

SUMMER’S HERE AND THE TIME IS RIGHT – FOR THE OBLIGATORY LEFTY FREAKOUTS OVER AIR CONDITIONING

July 12, 2018 7:50 am

We Could Have a Serious Air Conditioning Problem By Mid-Century. Summers are growing warmer, and we’ll need cooler air—especially for our young students to focus during school hours, and for the sick and elderly. But using air conditioners shouldn’t be a careless act, …

Ponzi Economy Will Lead To Next Global Financial Crisis

July 12, 2018 7:37 am

by GoldCore Hallmark of an Economic Ponzi Scheme by John Hussman of Hussman Funds Consider two economic systems. In one, consumers work for employers to produce products and services. The employees are paid wages and salaries, and business owners earn profits. …

With this Inflation, What Will the Fed Do?

July 12, 2018 7:05 am

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Even the last doves are coming around to more rate hikes. “In June, most of the rise in the index for final demand is attributable to a 0.4-percent advance in prices for final demand services,” said …

It “Hit the Mortgage Market Over the Head with a Baseball Bat”

July 12, 2018 7:04 am

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter 8 boots-on-the-ground findings about Sydney’s deflating housing bubble. Australia’s housing market is getting rattled. The mortgage industry is in turmoil. Banks are battered by incessant revelations of misconduct. Home prices in the Sydney and Melbourne metros, …