The market’s so-called depth has become so shallow that stocks are increasingly vulnerable to exacerbated moves, according to J.P. Morgan

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The market’s so-called depth has become so shallow that stocks are increasingly vulnerable to exacerbated moves, according to J.P. Morgan. Market depth here is measured by the volume of orders on both bid and ask side for the S&P 500 E-mini futures contract. “In our mind, this persistently low market depth leaves U.S. equities vulnerable … Read more

40 Million Americans Had Their Credit Card Declined In The Past Year

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via valuewalk: bout 40 million Americans had a credit card declined in the past year, according to a new report from CompareCards.com, a LendingTree company that helps consumers improve their credit health. Having a credit card declined can be surprising, embarrassing and frustrating. It can be the result of a big mistake you made – like paying late or … Read more

Trump Administration Moves to End Food Stamps for 3 Million People

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via Yahoo: (Bloomberg) — The Trump administration is moving to end food stamp benefits for 3 million people with proposed new regulations curtailing the leeway of states to automatically enroll residents who receive welfare benefits. Agriculture Secretary Sonny Perdue said state governments “have misused this flexibility.” “We are changing the rules, preventing abuse of a … Read more

France & the New Digital Tax

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by Martin Armstrong The French GAFA tax is an acronym for Google, Apple, Facebook and Amazon which the French government has just passed. They are imposing a 3% tax on all business in France. The US has promised retaliation. This is part of the entire problem the world faces with trade. A lot of people … Read more

Hottest Phones for Next Billion Users — Aren’t Smartphones

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NEW DELHI—The hottest phones for the world’s next billion users aren’t made by smartphone leaders Samsung Electronics Co. or Apple Inc. In fact, they aren’t even smartphones. Millions of first-time internet consumers from the Ivory Coast to India and Indonesia are connecting to the web on a new breed of device that only costs about $25. The gadgets look like the inexpensive Nokia Corp. NOK +1.07% phones that were big … Read more

50 miles of new Border Wall completed… Debunked

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https://www.cbp.gov/newsroom/national-me…order-wall WASHINGTON – U.S. Customs and Border Protection has completed construction of approximately 50 miles of new bollard wall projects authorized by funding from fiscal years 2017 and 2018. Since January 2017, the Department of Homeland Security (DHS) and U.S. Customs and Border Protection (CBP) have received funding to support construction of up to approximately … Read more

Why Art is a Powerful Investment

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Are you looking for alternative investment options? Something different than your standard mutual funds, stocks, 401(k), or even index funds? Alternative investments allow you to diversify your portfolio in an even bigger way, increasing the security and your chance of a better return. Art has become a popular alternative investment option for many. Make no … Read more

This market is atypical, but people with a million dollars in stocks are fine with it

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Millionaire investors remain bullish on the stock market and economy, according to a survey conducted by E-Trade Financial and provided to CNBC. A majority of self-directed investors with $1 million or more in a stock trading account think stocks will continue to rise through the end of the third quarter 2019. Most of these affluent … Read more

Ray Dalio Bridgewater’s Pure Alpha fund fund was down more than 4% through the end of June, while the S&P 500 was up more than 17% over the same period.

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by markyu007   Bridgewater’s Pure Alpha fund, which tries to follow and capitalize on macroeconomic trends, lost 4.9% in the six months ended June 30, the FT reports. The hedge fund, founded by Ray Dalio, reportedly suffered tough losses in January but has recoup some of that decline in July. The Pure Alpha fund was down … Read more