meanwhile 2s10s .266 2s10s swaps < 10bps 5s30s < 2bps 10s30s already inverted Global 10-Year Yields…
h/t @charliebilello do not look
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 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 …
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 …
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 …
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. …
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 …
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 …
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. …
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 …
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: 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 …
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 & …
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 …
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 …
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 …
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 …
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. 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. …
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 …
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 …
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 …
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 …
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, …
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. …
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 …
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, …
via CNBC: Stormy Daniels, the adult film actress who has made headlines for an alleged affair with Donald Trump, was arrested in Columbus, Ohio, according to her attorney. Stormy Daniels, the adult film actress who has made headlines for an …
The Manhattan bubble is popping, foreign investment is being redirected, the real estate crisis has begun and it will spread. Global debt has hit an all time high and it is getting worse. The rate at which debt is rising …