Housing Bubble 2 Lost its Mojo in the San Francisco Bay Area: House Prices Drop 8%

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter For the 9 counties, the median price in June dropped back to June 2017 levels. Today we got the final numbers from the California Association of Realtors(CAR) about the status of the housing bubble in the nine-county San Francisco Bay Area, which includes some of the most expensive sub-markets in the US, … Read more

US Home Purchases by Chinese, Other Foreigners Plunge Below 2012 Level. And the (for me) Chilling “Chinese Reaction” to it from the Largest Chinese Portal for US Homes for Sale

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter “For developers and agents in most parts of the country who rely on foreign buyers, there is really no alternative to buyers from China”: CEO of Juwei.com The puzzle in the US housing market was this: Mortgage rates have dropped since November, and as expected mortgage applications to buy homes have … Read more

What’s Stopping Blockchain From Achieving Mainstream Adoption?

Two years after Bitcoin became a household name and introduced its underlying technology, the blockchain, to the masses, the tech is still struggling to achieve the adoption that seemed imminent.    That’s not to discredit its merits. Without a doubt, the blockchain is big.    The technology’s decentralized infrastructure and tokenized economy make it a … Read more

Epstein denied bail

by RMFN EPSTEIN WON’T BE ESCAPING THIS ONE LADS!!! Jeffrey Epstein was denied bail on Thursday, and will remain at the Metropolitan Correctional Center in Manhattan ahead of his criminal trial on federal sex trafficking charges. ‘I find that the government has established danger to others and to the community by clear and convincing evidence,’ … Read more

Italy police, FBI crack down on BIG Mafia sting with Gambino ties…Bonus:Hillary ties to Gambino family

Italian police working with the FBI cracked down on a Palermo-area Mafia clan with ties to the U.S.-based Gambino organized crime family in New York. Authorities said that around 200 officers – including FBI agents – swept across Sicily and the New York area Wednesday, arresting 18 suspects in Italy and one in the United … Read more

OOPS: Bill Gates accidentally makes the case to regulate the hell out of platform companies.

via theverge: I want to focus on what Gates said next, because it is incredibly relevant to the current conversation about platforms, regulation, and antitrust. Here it is, with my emphasis in bold: It’s very tricky for platforms… these are winner-take-all markets. It really is winner-take-all. If you’re there with half as many apps or 90 … Read more

QQQ Volume Showing Us Sign of a Top

by Tom McClellan When analyzing trading volume, one should understand that it works differently in ETFs than it does in individual stocks.  Volume studies can be important in individual stocks, to help confirm the validity of an apparent breakout for example.  Volume is also important to help validate a head and shoulders structure. But in … Read more

Danielle Park: Transports Warning of Market Downturn

Talk Digital Network, Released on 7/18/19 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more

Living like a Hollywood king in Bangkok, Thailand

by Simon Black The first time I met Steven Seagal, it was in the lobby of a posh hotel in Bangkok, Thailand. He came downstairs sharply dressed, complete with his yellow-tinged ‘Tony Stark’ sunglasses, ready to hit the nightclubs for the evening. My friend Adam introduced us. Steven bowed to me, and, slightly puzzled, I … Read more

DIVIDED PARTY! Bernie DEFENDS Socialist Ally AOC, Tears Into Pelosi For Being ‘Too Hard’

Chris Donaldson from I Love My freedom reports, Last week marked what could be a key turning point in the Democratic party as sniping between Speaker Nancy Pelosi and Alexandria Ocasio-Cortez erupted into a full-scale feud. https://www.youtube.com/watch?v=oZHGoOCOOW4 Read More/Source/Credit/FairUse: https://ilovemyfreedom.org/party-divide-bernie-defends-socialist-ally-ocasio-cortez-tears-into-pelosi-for-being-too-hard/