by QuantalyticsResearch US Stocks Global stocks are declining to start the week after rising tensions between the United States and Saudi Arabia escalated over the weekend US stocks index futures are dropping ahead of the open in NY with the Dow Jones minis –0.40%, S&P500 minis –0.50% and Nasdaq 100 minis –0.81% Tensions between Washington and … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “THE WOLF STREET REPORT” is my new podcast. It’ll appear weekly right here on WOLF STREET. It’s where I discuss a topic in depth for 10-20 minutes. In this inaugural edition, I ask: As higher interest rates hit the housing market over time, what will that do to banks and in … Read more
by Michael Snyder It looks like it could be another tough week for global financial markets. As the week began, markets were down all over the world, and relations between the United States and Saudi Arabia have taken a sudden turn for the worse. That could potentially mean much, much higher oil prices, and needless … Read more
https://www.youtube.com/watch?v=A0WeOqMuoWs
Wow!For the first time since 2008, the Fed is unlikely to intervene significantly in the markets!The bank has published its forecast of expected Reinvestment in the coming month-only $ 300 million-completely negligible!#SPX #DXY @dlacalle_IA @mcm_ct @zerohedge @Sunchartist pic.twitter.com/a2Vh9rrYjy — Amit Noam Tal (@amital13) October 14, 2018 Historical Fear and Greed vs $NYA and $SPX pic.twitter.com/crrZGNwmbx … Read more
by Chris If the question is, “what can’t it be different this time?” my answer is that it’s never different this time. [Note: To provide a more complete answer, I’ll pull a few charts from Part II of this report.] At least that’s history speaking. All throughout history it has never been different, always the … Read more
by Graham Summers of Gains, Pains & Capital The Everything Bubble is bursting. After the 2008 Crisis, global central banks created a bubble in the sovereign bond market via ZIRP and QE. Because these bonds are the bedrock of our current financial system, when Central Banks created a bubble in this asset class, they were effectively creating bubbles … Read more
Brexit Deal Hangs in the Balance With Monday Deadline in Doubt (Bloomberg) — Brexit talks hang in the balance as negotiators work through the weekend, with neither side confident they will clinch a deal in time to meet a self-imposed deadline of Monday. People familiar with both sides of the negotiation, who declined to be … Read more
https://www.youtube.com/watch?v=dei19Y__VXs Germany’s political landscape is crumbling as Merkel’s sister party, the CSU, has only received 35.5% of the votes in Bavaria, an exit poll shows. Meanwhile, the anti-establishment AfD has entered parliament for the first time.
by axolotl_peyotl This conspiracy theory has so many layers that it’s almost too much to fathom. A few days ago, pewdiepie posted this video about his concerns over the questionable “Better Help” online therapy service. Some of the major red flags concerning this service are the fact that despite claiming “HIPAA” certification and that their therapists are … Read more
In part 2 of this interview Dr. Stephanie Kelton further explains how MMT and why Pay-Go, proposed by Nancy Pelosi and the Democrats, is a terrible idea.
via theothermccain: Commenting on the irrational female rage unleashed by the Kavanaugh confirmation circus, Stephen Green remarks: “The Democrats have worked hard to lock down the Trigglypuff vote, but at what cost of even slightly more moderate voters?” But do such voters really exist? We are more than 25 years into a cycle of increasing polarization … Read more
by John Rubino Chris Duane: “Death line crossed of rate reaper” … Mike Maloney: The new index that screams “market bubble” … Peter Schiff: The bear begins as rising rates crash stocks … Harry Dent on “the future of the markets after last week’s major drops” … Max Keiser on “the catastrophic breakdown in trust” … Read more
Remember the furor over Trump saying Robert E. Lee was a great general? Reported with great disdain by NBC, CNN, et al.? Well, two days later, NBC corrects. h/t CM
Here is the thing that is so amusing about CNN… Pretty much every day the far-left network engages in numerous acts of self-humiliation. A Don Lemon or Chris Cuomo or Jake Tapper or Brian Stelter says or does something that forever stains their character, that reveals the hideous person beneath … and for what? If … Read more
via Cormac Mullen A Goldman Sachs Group Inc. indicator designed to provide a “reasonable signal for future bear-market risk” has risen to the highest in almost 50 years. The firm’s Bull/Bear Index, which is based on measures of equity valuation, growth momentum, unemployment, inflation and the yield curve, is now at levels last seen in 1969. … Read more
Via ZeroHedge Finance professor John Griffin, along with his doctoral student companion, Amin Shams, were the two academics that drew market-moving conclusions about bitcoin last year, while the digital currency was trading around $20,000. After sifting through 2 terabytes of trading data, they alleged that bitcoin was being manipulated by someone using the cryptocurrency Tether to purchase it. Tether … Read more
by John Ward BBC UNMASKS ROYALS AS BREXIT TRAITORS REPORTING DIRECT TO BRUSSELS In an obvious sign that Britain’s Cuckoo Hanoverian royal family is in league with its real Hochdeutsch masters in Berlin, an Underground coven in the BBC revealed this weekend that Mrs Queen (aka Brenda Windsor, née Battenberg) is plotting with the EU’s Chief … Read more
by DCG Video NSFW due to cursing. Large, progressive-run cities on the west coast all have a homeless crisis: Seattle, Portland, San Francisco, etc. MILLIONS of taxpayer dollars are stolen to solve the problem keep the homeless industrial complex alive. In September I did a blog post that included two videos from The Michael Anderson Show, where he bravely went out … Read more
Bank Index pic.twitter.com/4FI5oFsOFo — Dune AnaIytics (@DuneAnaIytics) October 13, 2018 https://twitter.com/OccupyWisdom/status/1051314407681212416 No stock market has had this ugly a start to a fourth quarter since 2008 https://t.co/wJvXIQ4thm pic.twitter.com/w4WJqxuS4v — MarketWatch (@MarketWatch) October 11, 2018 Growth vs Value pic.twitter.com/bJPsRioeEt — zerohedge (@zerohedge) October 13, 2018 …again, bank of america called it last month: “home sales: the … Read more
by bigbear0083 The small caps index (Russell 2K) and Dow Transports have recently dipped into correction territory (-10% decline from ATHs) this past week, however the other majors like the DJ30 and SPX still have not joined in. Wondering if they will follow suit in the weeks to come. 2647 on the cash S&P would … Read more
by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DpPfBzeWsAYAwaJ.jpg US Households have been holding a very high proportion of their wealth in equities — a level only once seen in 1968 and for several quarters in the late 1990s. Such a high exposure has historically been associated with very disappointing subsequent 10-year total returns. Those of you who … Read more
Borrowers can have low credit scores, but have to go through an education session about the program and submit all necessary documents, from income statements to phone bills. They must go through counseling to understand their monthly budget and ensure they can afford the mortgage payment. The loans are 15- or 30-year fixed with interest … Read more
