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By Jared Dillian How much money do you need to retire? Ask Google! The first page gives you a wide range of numbers, mostly between $1 million and $2 million. Of course, most people retire with less than that. They make it work. Here’s my advice: stop thinking about retirement in terms of absolute numbers. … Read more
by FS Danielle DiMartino Booth recently spoke with Financial Sense president Jim Puplava about signs that could indicate the economy is shifting toward recession. She discusses the increase in jobless claims in cyclical parts of the economy and how states like California are being impacted by the new tax law. “What we’re seeing is an increase … Read more
by Chris Vermeulen of The Technical Traders Recent news that Theresa May was unable to convince members of Parliament to even consider her current deal as well as the future political and societal consequences of any failure to move ahead with an orderly Brexit deal. The question before traders and investors is how will this reflect in the … Read more
RIPON (CBS13) — A fourth child has been diagnosed with cancer at a San Joaquin County elementary school, and parents believe it’s because of radiation caused by a cell phone tower. The towers are spread throughout the community, but it’s this particular one that parents say needs to go. “We had a doctor tell us that … Read more
by Troy The S&P is bumping up against 2810. Meanwhile, volatility remains subdued and growth stocks have significantly outperformed value stocks since the start of 2018. Go here to understand our fundamentals-driven long term outlook. Let’s determine the stock market’s most probable medium term direction by objectively quantifying technical analysis. For reference, here’s the random probability of the … Read more
Story #1: “Operation Northwoods” False Flag Plans Turn 57 This Week https://bit.ly/2THjfDq “Here’s how investors can gauge Boeing’s stock tragectory following the Ethiopian Airline crash” https://bit.ly/2u3tJh7 Boeing 737 Max: Battle Brews over Who Should Analyze Black Boxes from Ethiopian Air Crash https://bit.ly/2HxPzkQ False Flags Over Kashmir: Prelude to WWIII? https://bit.ly/2HxffOm Netanyahu’s Chances of Evading Corruption … Read more
Interstates have reopened in North Dakota and South Dakota after a winter storm dumped more than a foot of snow in parts of the Upper Midwest. North Dakota transportation officials today reopened Interstate 94 from Bismarck to Fargo. I-29 was reopened from Grand Forks in North Dakota to Watertown in South Dakota. https://www.staradvertiser.com/2019/03/10/breaking-news/storm-dumps-more-than-foot-of-snow-in-parts-of-upper-midwest/ When a … Read more
via theregister: Updated Both Google and Facebook suffered outages Wednesday, with the Chocolate Factory leading the way and seemingly fixing its issues just as Zuck’s network became decidedly antisocial. On Wednesday morning, around 0800 Pacific Time (1500 UTC), Google said it was “investigating reports of an issue with Gmail” in which some users were seeing error messages, … Read more
From Birch Gold Group With Social Security potentially in jeopardy and pension plans on their last leg, saving for retirement has increasingly become important. But even if you are saving properly, and retire with a decent-sized nest egg, your retirement is still in jeopardy. There are a number of “time bombs” that could “go off” at any time. And if any … Read more
via northmantrader: The global economic landscape remains weak yet there appears to be no concern on the side of bulls and investors alike, so firm is the belief that the earnings recession that is unfolding is temporary, so firm is the belief that dovish central bankers can once again prevent any downside. I get it, it … Read more
by Martin Armstrong I cannot stress enough that Mario Draghi has really destroyed the European economy on an unprecedented scale. I know people who worked on trading desks years ago when Mario Draghi, before he was head of the ECB, was there to observe how things operated. His policy of perpetual low to negative … Read more
https://www.thesun.co.uk/news/8628226/brazil-school-shooting-sao-paulo/ IN DEPTH MSM NEWS less than 50% snippet AN evil ex-pupil, 17, brandishes a gun in sick online posts before he and another former student massacred eight in a Columbine-style massacre at their school today. The depraved shooting in Brazil has left 10 people dead including six teenagers – four boys and two girls … Read more
by Michael Snyder A lot of Americans are mocking Venezuela right now, but the truth is that what has happened to them could also happen to us very easily. As you will see below, DARPA is so concerned about the possibility of a cyberattack taking down our power grid that they held an extended exercise … Read more
by Charles Hugh-Smith The “marketplace” of individuals and entities all seeking to maximize their share of the central-state swag doesn’t make a democracy. A democratic republic is a government in which power flows from citizens to their elected representatives. The American revolutionaries did not make a big distinction between republic and democracy, for in the context … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter E-commerce sales in the fourth quarter soared 12.1% from a year ago to a new record of $132.8 billion (seasonally adjusted), the Commerce Department reported this morning. For the whole year 2018, e-commerce sales blew through the $500-billion level for the first time, reaching $513.6 billion, up 14.2% or $64 billion from a … Read more
by Egon von Greyerz The world financial system has been in a euphoric state since 2009. It seems that the Keynesians, like Krugman or the Modern Money Theorists (MMT) are right after all. All asset markets are near the highs and show little sign of changing direction. As Treasury Secretary Mellon said in September 1929: “There … Read more
via Zerohedge: The slowdown in global trade began many quarters before the Trump administration launched a trade war with China last May. The primary cause of the downturn is sharp declines in intra-Asian trade – mostly due to China’s deteriorating economy. While equity markets around the world have soared in the last several months from “trade optimism,” any deal between Washington and Beijing may … Read more
via CNBC: “The stock market was and still is in a bear market,” the founder and chief executive officer of Doubleline Capital said in an investor webcast on Tuesday. Gundlach said stocks could go negative again in 2019. He credited the market rebound to the “180-degree turn” from the Federal Reserve. After a stellar rebound, Jeffrey … Read more
House of Commons votes 312 to 308 to approve Amendment (a) to the #NoDealBrexit debate motion. This amendment explicitly rejects leaving the #EU without a #WithdrawalAgreement and Framework for the Future Relationship. pic.twitter.com/0vjqcCxNWR — UK House of Commons (@HouseofCommons) March 13, 2019 "The ayes have it" U.K. Parliament votes against a no-deal Brexit by a … Read more
Matt from Silver Fortune interviewed by Elijah Johnson of Silver Doctors Gold and silver have undergone a significant downturn the last few weeks. But with the Fed continuing in an easing direction, Matt from Silver Fortune is still bullish. Matt thinks as soon as gold moves above $1400, silver will take off. An economic crisis is ahead, Matt says. He outlines … Read more