via WSJ: Vanguard Group will no longer allow individual investors to make new trades on certain investments that seek to magnify bets, pouring cold water on strategies that became popular after the last financial crisis. Starting January 22, customers won’t be able to purchase so-called leveraged or inverse products via Vanguard’s brokerage platform, the firm … Read more
Newly built home sales fall in California from CNBC. via CNBC: The government shutdown hasn’t completely stopped the flow of stunningly bad housing data. Sales of newly built homes fell 18 percent in December compared with December of 2017, according to data compiled by John Burns Real Estate Consulting, a California-based housing research and analytics … Read more
Anyone notice the Leveraged Loan Index did not break in 1Q18 when the stock market corrected -10%. However, the index broke on the -20% stock market correction in late 2018. Signals to me – credit cycle is deteriorating quickly pic.twitter.com/1p52oA7btO — Alastair (@StockBoardAsset) January 12, 2019 pic.twitter.com/TZtm7hxRlq — Alastair (@StockBoardAsset) January 12, 2019 https://twitter.com/OccupyWisdom/status/1084418233157996545 https://twitter.com/OccupyWisdom/status/1084419009167147008 … Read more
via @HenrikZeberg: “#Deflation” or “#Disinflation” have been my call for a long time. We are not out of Kondratiev’s winter yet. We haven’t seen the all events which unfold during K’s winter. Still to come Pension Funds Crisis, Currency Crisis, Run from Paper Money …and War #HZupdates And “#Deflation” outlook is clear in the charts imo. … Read more
Winter Storm GIA Update and Snow Forecast so you know what to expect over the next 72 hours. BBC wants your dog to eat flies as a substitute for dog food.
via @StockBoardAsset: Crashing US CFO Confidence implies PMI of 50.3 in Feb 2019, from 59.3 in Nov 2018. The economy is rapidly slowing, and stock market bulls hope policymakers can reflate assets like ’16 – might be much harder this time. this could be the most bearish chart outlining the US consumer is headed for trouble … Read more
by Deplorable Patriot Many people think the Uranium one transaction is just a made up story. A fabrication to distract the public from President Trumps involvement with Russia, “Russian collusion”. Fortunately for those people I have found evidence that should put their minds to rest. I doubt that it’s the answer they wanted but it … Read more
by Jim Quinn 1. They watch or read the Mainstream Media 2. They have no knowledge of economic history 3. They are herd people AKA Sheeple 4. They are young and have never been burnt before 5. They are older but are stupid and buy the line this time it’s different 6. They believe … Read more
RT America, Released on 1/11/19 Rick Sanchez reports on the combination of big media, political establishments, and military and corporate interests whose power exceeds that of the President. He discusses this “deep state” with former congressman Dr. Ron Paul. Then RT America correspondent Michele Greenstein joins to explain how these interests undermine democratic governments for … Read more
via MSN: 1772: The Credit Crisis British creditors had allowed southern colonies to flourish; Colonials did not have enough liquid assets to pay them back. 1792: The Panic of 1792 First Bank of the United States had been overextending credit to citizens for two years, and a sudden tightening of the reins 1819: The Panic … Read more
via variety: Apple is working on three new iPhone models for 2019, the Wall Street Journal reported Friday. The company’s fall phone line-up will once again include a lower-priced model with a LCD screen, according to the report. The high-end phone will come with three rear camera lenses, whereas the other two models will have a dual-lens camera, according to … Read more
Timestamp here: https://youtu.be/_qdf2WH4g9k?t=128 This girl is supposedly in the CFR which is a concern, but in this clip she shows some level of bravery that is rarely seen in the mainstream media. Worth keeping an eye on her as she progresses through the primaries. h/t Orangutan
https://www.youtube.com/watch?v=i6nyjbXKH10 There are millions of us that are awake and have NO plans to back down from these criminals! MW
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Tickets are expensive. Alternatives are plentiful, convenient & cheap. The year 2018 was a banner year for the movie theater industry in the US. The number of movie tickets sold jumped 9.8% from the prior year to 1.35 billion tickets, according to movie data provider The Numbers. It was the largest … Read more
by dave_v I’m old but this sales tactic is new to me. Service providers like insurance, banking and in my case utilities (Australia), put you on 12 month plans that at the end of the cycle drop you back onto the worst plan for you. Insurance companies are really bad. So here is the current … Read more
Via The Free Thought Project A new level of “fact checking” and “fake news” counter attacks are coming. This time, however, it won’t just be on Facebook or Twitter or Google, it will be internet and device wide. This fact checking service is being sold to the public under the name “NewsGuard” but the only … Read more
by Wayne Root I have a simple message to get this wall built. I hope President Trump starts using it, day and night. It’s easy to remember. Easy to understand. “The American people deserve the same wall as Israel.” Israel has a wall separating it from enemies, terrorists and illegal aliens. And it works! It works so well, … Read more
via BBG Jeffrey Gundlach said yet again that the U.S. economy is gorging on debt. This Leveraged Loans Index chart signals a pretty big warning that you cannot ignore. Trump is blessed with a late cycle in credit that is likely rolling over. There needs to be an intervention to calm credit or it is … Read more
by DCG TDS-infected Elliot Engel The next two years will be full of TDS-sponsored baloney that will go nowhere. From NY Post: The newly minted chair of the House Foreign Relations Committee is closing a terrorism subcommittee to focus on a new panel to investigate President Trump’s ties with international leaders and helter-skelter foreign policy. “We … Read more