If it’s not completely clear to everyone at this point: Central banks print billions and billions of dollars. They buy shares or corporate debt. Stocks rise. Institutional investors follow suit. Retail investors tag along. As time goes on, there are …
by portfolioperfection “Everyone agrees that it’s appropriate to divide the space of a portfolio between different asset classes,” i.e., dividing your portfolio between different asset classes (e.g., 60% stocks and 40% bonds). However, it remains controversial to divide the time of your portfolio between different …
via The Maven: Faith in central banks, to be blunt, is ridiculous. But then again, so is the belief the US dollar (or any other fiat currency) has any chance to succeed over the long term when every single fiat currency …
https://twitter.com/northmantrader/status/996452701167812609?s=11 via The Macro Tourist: When Kevin Muir used to trade the S&P 500, he identified how Fed QE buying very directly affected the stock market. Not in some esoteric, debatable, tangential way, either. They pre-announced the days they’d be …
via Mark St. Cyr: It is the great free lunch of capitalism. Rank and file voters believe that one of the primary motivators of governmental decision making is how those decisions will impact them. It’s not that the government exists …
via Economica: Everyone knows the parable of the frog and scorpion. The scorpion asks the frog for a ride across the river, and while the frog is making his way across, the scorpion stings him. As the frog is dying, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Fed shouldn’t be getting into “allocating credit.” The new Fed has trouble taking shape. The seven-member Board of Governors, which is at the core of the policy setting FOMC, has four vacant slots. President Trump’s …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The peso drops again, inflation surges, nothing is fixed. Argentina was able to refinance about $26 billion in maturing peso-denominated short-term government debt, called Lebacs, but at a huge cost, after asking the IMF for a …
by Martin Armstrong The EU migration chief, Dimitris Avramopoulos, has demonstrated that politicians are just so out of touch with reality they are securing their own demise. Avramopoulos has made a speech that Europe is set to absorb massive waves of migration “for the decades …
by Martin Armstrong Naturally, the major had to be wrong that the dollar was in this inevitable bear market. These prognostications were typically those who kept cheering gold higher and ignore everything else on the silver plate of politics. The implications …
From Birch Gold Group Sometimes it feels like the U.S. drinks a little bit too much of their own “dollar domination Kool-Aid.” It seems like the U.S. assumes foreign countries will just keep storing the bulk of their forex reserves in …
by WARREN MOSLER Pretty much as expected. These numbers are not adjusted for inflation, which is running around 2%: Highlights Consumer spending was weak in the first quarter and the first look at the second quarter is no better than …
More and more indicators are popping up and showing us that the economy has not improved at all but declined since 2008. Nothing has been fixed and the illusion is starting to disappear, it is getting harder to hide what …
A relative of the Skripals has been denied a visa by the UK, nobody knows where the Skripals are. Satellite images show NK is dismantling their nuke program, the White House says the talks are still on between NK and …
by Frank Holmes, CEO, U.S. Global Investors For more than a week now, West Texas Intermediate (WTI) crude oil has been trading north of $70 per barrel, a level we haven’t seen since November 2014. Gas prices are likewise trending …
Brennan put some of the dossier material into the PDB [presidential daily briefing] for Obama and described it as coming from a ‘credible source,’ which is how they viewed Steele,” a source close to the House probe told Real Clear Investigations …
IG report must be something else This NYT story says that FBI was worried that if it came out they were spying on Trump campaign it would "only reinforce his claims that the election was being rigged against him." Yes, …
I highly recommend you take a few minutes and watch this Why I support president Donald Trump Before you judge… why don’t you listen? The whole thing. h/t QuantumLove
via RT: German Chancellor Angela Merkel’s working visit to Sochi on Friday could signal a positive shift in EU-Russia relations, as the European bloc reassesses its fealty to Washington. Merkel came to Sochi at the start of May to meet …
by Dana Lyons The following post was initially issued to TLS members on May 11, 2018. The VIX may struggle to move much lower than current levels — and may signal limitations to further stock market gains. Some folks argue that technical analysis cannot …
via truth-out.org: Sen. Bob Corker and Sen. Tim Kaine talk during a Senate Foreign Relations Committee hearing, March 11, 2015. Sens. Corker and Kaine have introduced a new Authorization of Military Force bill to Congress in April 2018. (Photo: Tom Williams …
About 34 million — of households that live above the poverty line but cannot pay for ordinary expenses like phone bills, rent and child care. via axios: Now, a new study begins to show the scale of the problem: at a time …
Soon, you may be able to use cryptocurrency to pay for anything from your morning coffee to happy hour drinks (or, you know, maybe some things that aren’t a beverage). And you could do it as easily as you use …
The paper states: “The genome of the Octopus shows a staggering level of complexity with 33,000 protein-coding genes more than is present in Homo sapiens. “Its large brain and sophisticated nervous system, camera-like eyes, flexible bodies, instantaneous camouflage via the …
U.S. Has Spent $2.8 Trillion on Terrorism Fight, Study Finds Figure includes spending on wars in Afghanistan, Iraq, Syria WASHINGTON—The U.S. has spent as much as $2.8 trillion on the fight against terrorism since the Sept. 11, 2001, terrorist attacks, …
via Twitter: At least give CNN some credit for honesty, making clear that Trump was talking about MS-13 while so many others pretend that he was talking about all immigrants. Weird how Trump’s “Fake New” mantra gets so much traction. h/t GR
Cyprus is an island state in the eastern Mediterranean Sea that is famous for its rich mineral deposits, excellent wines and beautiful natural sceneries. It is the third largest and third most populous island in the Mediterranean. The country has …
From buying gold coins to gold ornaments to gold biscuits, there are several different options for investing in this royal metal. However, what actually is the purpose of investing in gold? And, should investors bother investing in the gold market …
STUNNING: Pennsylvania Democrat Won’t Endorse Crazy Nancy Pelosi on MSNBC
