90% of Global Assets are already negative on the year. The Global Reset is well underway.

This is different from 2016 in so many ways when we were last at this kind of technical level:1) Draghi took proactive coordination off the table today. 2) Fed is already doing QT. Pausing doesn’t stop that. 3) BoJ already blew their bazooka. 4) China fundamentals are weaker. — Paranoid Bull (@paranoidbull) December 14, 2018 … Read more

China adds to the list of slowing economies

by Shaun Richards   This morning has seen a barrage of economic data released by the National Bureau of Statistics in China. This gives us an opportunity to see if they are catching the economic cold that we have been observing developing amongst us evil western capitalist imperialists. According to the rhetoric things are going … Read more

The stock market fails to rally each day. What’s next for stocks

The U.S. stock market has been been gapping up on the open and selling off later in the day recently. 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 U.S. stock market going up on … Read more

THE BIG ONE IN AMERICA’S HEARTLAND

How likely is an earthquake in the Midwest, South? The Big One could be coming The big earthquake, in the New Madrid (Missouri) Seismic Zone. But don’t start quaking in your running shoes and try to escape to Texas because it’s comparatively geologically stable. Here’s why: In 1971 I heard a very informed discussion of … Read more

Bad news for the networks.

CHANGE: Number of Streaming Shows Overtakes Basic Cable, Broadcast for First Time. Streaming services snatched their biggest piece of the TV pie ever in 2018. According to FX’s annual report on the number of scripted originals on TV, the number of streaming shows has surpassed the number of basic cable and broadcast shows for the first … Read more

Hillary Lost Whole Election because of $4700 of Ads?

wow $4700 destroyed the Hillary campaign! https://www.youtube.com/watch?v=pq7RL-P7-QY&feature=share&fbclid=IwAR1BhHORxCNTGQIhC0ZE-_WfWRtLy1cesiWG6CpF0K9kHW5m2UgJE9IFz2A   You can’t make this stuff up. “Does Google now know the full extent to which its online platforms were exploited by Russian actors in the election two years ago?” Rep. Jerry Nadler, a Democrat from New York and ranking member of the House Judiciary Committee, asked the search engine’s chief executive during Tuesday’s hearing. … Read more

Industry Insider Tired Of Being Asked For Forecasts

by New_Life Tom Lee (who had originally predicted $25k by EOY) is tired of making BTC forecasts.. Funny that… https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html Even as recently as Oct he was saying $25k by EOY was on the table, sobering lesson that a so called expert taking peoples money can be so wrong.  (He previously worked as the chief equity … Read more

U.S. Pastor Buys His Wife A Lamborghini As Pastors In Other Countries Are Beaten And Thrown In Prison

by Michael Snyder https://youtu.be/sodyRRM4s3g Is it appropriate for a pastor to buy a $200,000 Lamborghini for his wife?  When news came out that Greenville pastor John Gray had given his wife a Lamborghini sports utility vehicle for their eighth anniversary, there was an explosion of outrage.  In response, Gray posted a video in which he unapologetically refused … Read more

US Banks Disclose Biggest Unrealized Losses on Security Investments since Q1 2009: FDIC

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter The price of rising interest rates. The FDIC just released the aggregated third-quarter performance metrics of the 5,477 banks and thrifts it insures. The amount of their combined assets ticked up to $17.7 trillion. These assets – mostly loans but also investments of all kinds – include $3.6 trillion in securities (not including … Read more

Beat the Establishment: A Campaign to Relaunch this Site in Time for the Second Great Recession to Prevent Bankster Bailout 2.0

by David Haggith If we don’t beat the establishment before the next downturn, we’re going to see the same bailouts and money printing we’ve seen before but on a deliriously insane level. This is not me being a permabear. In fact, when the stock market didn’t plunge in the early summer as I predicted it would, … Read more

This Gold Chart Analysis Shows We’re Closer To A SIGNIFICANT Monetary Event

by Hubert Moolman of HubertMoolman.wordpress.com Previously, I have shown how we could be close to major financial crisis with the monetary system at the center. The following chart that shows the ratio of gold to the monetary base was used: The chart shows the ratio of the gold price to the St. Louis Adjusted Monetary Base back to … Read more

Liquidity Points to Continued Weakness; Banks Globally Are Screaming Systemic Risk

https://twitter.com/MehulD108/status/1073202307423236096 [RTRS] – U.S.-BASED LOAN PARTICIPATION FUNDS POST $2.5 BLN WITHDRAWALS OVER WEEKLY PERIOD; LARGEST WITHDRAWALS ON RECORDS DATING TO 2003 -LIPPER — Alastair (@StockBoardAsset) December 13, 2018 [RTRS] – U.S.-BASED CORPORATE INVESTMENT-GRADE BOND FUNDS POST $3.7 BLN WITHDRAWALS OVER WEEKLY PERIOD; LARGEST OUTFLOWS SINCE DECEMBER 2015 -LIPPER — Alastair (@StockBoardAsset) December 13, 2018 [RTRS] … Read more

David Rosenberg: In one of the most ridiculous comments I have heard all year long, a CNBC guest this morning actually told viewers that households are under invested in equities

via @EconguyRosie: In one of the most ridiculous comments I have heard all year long, a CNBC guest this morning actually told viewers that households are under invested in equities. It seems to me that the data would suggest the opposite and the wonderful thing about charts is that they don’t lie.   2008:    

Visualizing How Much Countries Spend on R&D

via visualcapitalist: Innovation can be a major competitive advantage for any developed economy. However, achieving a sustainable rate of innovation isn’t necessarily a straightforward exercise. The reality is that innovation is a complex and difficult outcome to measure, and there are many different variables that factor into it at a national level. Research and development (R&D) … Read more

US Consumer Optimism Plunges 8 Points, Largest Quarterly Drop in 12 Years

Consumers plan big holiday spending despite drop in economic optimism from CNBC. via CNBC: The percentage of Americans viewing the economy as excellent or good dropped 8 points to 50 percent, according to the latest CNBC All-America Economic survey. Those believing the economy will improve dropped 5 points to 31 percent, bringing it back down … Read more

CFO Global Business Outlook Survey: 82% of US CFOs See Recession by 2020

via CNN: New York (CNN Business)America’s finance chiefs fear the economic expansion is nearly over. Almost half (48.6%) of US chief financial officers believe the United States will be in recession by the end of next year, according to the Duke University/CFO Global Business Outlook survey released on Wednesday. And 82% of CFOs surveyed by Duke believe … Read more