by Ruby Henley On December 17, President Trump filed an appeal requesting that a district-level lawsuit from the Maryland and D.C. attorneys general accusing him of illegally taking foreign government cash through his Washington hotel be frozen due to the government shutdown. His request was granted by the 4th Circuit Court of Appeals, stating the … Read more
by Charles Hugh-Smith While wages have supposedly gone up 3.4% in 2018, taxes and fees are rising at much higher rates. Here’s a list of tax and fee increases hitting residents of one of the counties I call home; the list includes taxes/fees raised in 2017 and 2018: 1. Property taxes: between 6.5% and 10%, depending … Read more
by Kimble Charting While it’s easy to find articles that suggest a Santa Claus rally isn’t taking place this year, the Power of the Patterns would disagree! This chart looks at the performance from several assets in the metals sector the past 30-days. Even though all of these metals assets are lower in 2018, each of … Read more
From Kitco: Uranium is likely to outperform other metals in 2019, said Lobo Tiggre of Independent Speculator, formerly known as Louis James at Casey Research… Continue reading here…
From Quartz: Russia conducted a hypersonic weapons test today, and Vladimir Putin is clearly excited about it. Speaking from a defense ministry control room after watching a live feed of the demonstration, the Russian president boasted to his military leaders that the intercontinental, nuclear-capable weapon is “invulnerable to intercept by any existing and prospective missile defense means of … Read more
by Lance Roberts Yesterday, saw a record surge in the markets. Such was not surprising given the extreme oversold condition in the market. More importantly, throughout market history, the biggest bull rallies have occurred during bear markets. Yesterday’s relief rally was simply that. As shown in the chart below, following the breakdown of the market from its consolidation … Read more
via fox5dc: WASHINGTON (AP/FOX 13) – A new rule going into effect January 1, 2019, will require hospitals to post a list of their standard prices online and make electronic medical records more readily available to patients. The new rule, called the Inpatient Prospective Payment System rule, is part of a Medicare program aimed at pricing transparency in the healthcare … Read more
via CBSNEWS: Paris (CNSNews.com) – With European elections scheduled for next May, momentum is growing for the so-called Yellow Vests protest movement here to transform itself into a political party, a step that could shake up the French political scene. The national secretary of the French Communist Party, Fabien Roussel, is calling on supporters of … Read more
Stephanie Landsman for CNBC reports, He’s been worried the Federal Reserve would go too far. And now, market researcher James Bianco thinks his fear may be a reality. https://www.youtube.com/watch?v=aPhK0c6BTsw Read More/Source/Credit/FairUse: https://www.cnbc.com/2018/12/19/two-m… He’s been worried the Federal Reserve would go too far. And now, market researcher James Bianco thinks his fear may be a … Read more
Asian Debt Defaults to Rise as Currencies Weaken, Liquidity Tightens China, India cited as main spots to watch for more nonpayments Shadow banking crackdown, rising rates hurting weak borrowers A growing chorus of observers expect debt defaults in Asia will spread as weakening currencies and tighter liquidity leave riskier borrowers with higher refinancing costs. Rising … Read more
Despite the analyst’s bearish outlook, Apple watchers more generally are still overwhelmingly bullish. According to Reuters, Apple currently has 13 “strong buy” ratings from analysts, 10 “buy” and 20 “hold” ratings, with no “sell” or “strong sell” ratings. These analysts have an average target price of $215 a share. The stock currently trades at $157 … Read more
via mansionglobal: Where have all the buyers gone? It’s a tune sellers in many key luxury real estate markets will be singing in 2019, as political and the economic uncertainty put a damper on sales from London to Los Angeles. Would-be buyers in the U.K. will be waiting for the worst of the Brexit process to … Read more
Wells Fargo CEO Survives to 2019 as Scandals Burn Through Bank’s Ranks Tim Sloan’s year featured a cap on growth and calls for ouster The months ahead mean ‘more distraction, more personal pain’ Tim Sloan’s biggest achievement of 2018 might be surviving the year as chief executive officer of Wells Fargo & Co. And there’s no sign … Read more
https://twitter.com/OccupyWisdom/status/1078187419898470400 2018 Returns…Cash $BIL: +1.7%Bonds $AGG: -0.5%Gold $GLD: -3%High Yield $HYG: -4%Investment Grade $LQD: -4%US REITs $VNQ: -10%S&P 500 $SPY: -11%International REITs $VNQI: -11%Commodities $DBC: -12%MSCI World ex-US $ACWX: -17%Emerging Markets $EEM: -18%Oil $USO: -25% — Charlie Bilello (@charliebilello) December 24, 2018 Last bubble peak in 2008 vs today (WSJ chart) 🙉🙊🙈 = the Fed … Read more
https://www.youtube.com/watch?v=ErXHeXfz3_Q Protests have been raging in west central Tunisian city of Kasserine, where police used tear gas to disperse stone-throwing demonstrators. The protests erupted after the death of a journalist who set himself on fire to protest economic problems in the north African nation. 18 people have been arrested, officials said on Wednesday. … Read more
President Donald Trump Impeachment Inquiry Is ‘Inevitable,’ Chuck Todd Says https://www.youtube.com/watch?v=X72SZ…
$SPX So if today was the trading cycle low let’s discuss what that means. 1) Average trading cycle is 30-40 days from low to low2) We are in a bear market so next low will likely be Lower.3)The key is now price and time from whence to reload. 4)Faster peak is very bearish! pic.twitter.com/vW37BrXukq — … Read more
“The velocity of money is the frequency at which one unit of currency is used to purchase domestically- produced goods and services within a given time period. In other words, it is the number of times one dollar is spent to buy goods and services per unit of time. If the velocity of money is … Read more
CHINA DEPLOYS NEW RADARS AND SURVEILLANCE EQUIPMENT IN THE SOUTH CHINA SEA: From the News.com.au report: China has installed a new platform in the Paracel Islands of the South China Sea, with satellite images revealing Beijing’s continuing quest for power in the disputed area. Recent satellite imagery shows a new structure that appears to be … Read more
Also, remittances total about $650 billion to Latin America from the U.S. since 2000, ~1/3 to Mexico, which grease the palms of corrupt government employees. And the drug money in the U.S. of about $110 billion yearly. And approximately 2 million children per year to the U.S. from Latin America in human trafficking. US … Read more