Junk Bonds Are Ringing A Bell

By The Phoenix A top is forming. Whether it’s THE top of just A top such as the one from May remains to be seen. The big warning comes from junk bonds, which have lead stocks since the December lows. As stock hit new highs, Junk Bonds have effectively traded sideways since mid-June. This matters … Read more

ALERT: Hillary CAVES IN! ADMITS She’s SUFFERING From Trump Derangement Syndrome!

https://www.youtube.com/watch?v=iZ7PfvQ_Ews Cristina Laila from The Gateway Pundit reports, Twice-failed presidential hopeful Hillary Clinton admitted she has been traumatized over the last few years since her crushing election loss. Hillary Clinton appeared at the ‘Lights 4 Liberty’ protest in Chappaqua, New York Friday evening where she trashed the Trump administration over the immigration detention centers. Read … Read more

Why Is This Not Another 2015 Soft Landing?

via @TaviCosta: S&P 500 at record levels but only 3 sectors are at all-time highs. % of sector leadership now faltering as much as it did ahead of the last two recessions. Why is this not another 2015 soft landing? Back then, 20% of the yield curve was inverted. Now it’s close to 60%! Conventional wisdom … Read more

US House Price Growth Signals “Bubble” As Recession Probability Rises

by confoundedinterest I remember when a Chief Economist at a large Washington DC area housing finance entity said that the definition of a house price bubble is when house price growth exceeds household income growth.  Sounds reasonable. But what that means is that most of the USA is mired in ANOTHER house price bubble. According to research … Read more

Expert Predictions: A 70% Stock Market Crash

via fxempire: July 2019 will mark exactly 10 years since the end of the Global Financial Crisis in 2009. It will also mark the longest period of economic expansion on record, surpassing the 1991 to 2001 internet boom. The question – Is the current boom sustainable? The 90s economic boom was fuelled by the internet. This … Read more

Marching to a Federal Debt Crisis – Cato

via cato: My new op-ed at The Hill discusses the disastrous rise in federal government debt as profligacy dominates both parties in Washington. With the far-left lurch of the Democrats and the complete abdication of responsible budgeting by Republicans, I don’t see how the nation escapes from a damaging and protracted economic crisis down the road. It does not … Read more

The next test for the highflying stock market begins as companies kick off reporting what could be their biggest quarterly profit contraction in three years

The next test for the highflying stock market begins as companies kick off reporting what could be their biggest quarterly profit contraction in three years https://t.co/hgcZOYjCG6 via @WSJ — M/1_LP (@MI_Investments) July 15, 2019 Q2 earnings preview:– 2% Y/Y decline in SPX EPS – earnings to fall in six of 11 sectors, led by Infotech … Read more

As Wall Street Celebrates Rising Stock Prices, Companies Are Literally Shutting Down All Over America

by Michael Snyder How long can the stock market possibly stay completely disconnected from economic reality?  On Monday, the Dow Jones Industrial Average rose just 27 points, but that was good enough to push it to yet another new all-time record high.  Investors have been absolutely thrilled by the extremely impressive bull run that we … Read more

How Different Generations Think About Investing

by visualcapitalist View the full-size version of the infographic Every generation thinks about investing a little differently. This is partially due to the fact that each cohort finds itself on a distinct leg of life’s journey. While boomers focus on retirement, Gen Zers are thinking about education and careers. As a result, it’s not surprising to find that … Read more