via Sarah Ponczek How bad has the start to December been for U.S. stock investors? Almost $1 trillion has been wiped from the value of stocks in just four days of trading. The Russell 3000 has plunged 4.9 percent this week as of 3 p.m. Friday in New York, as the six-week rout in American stocks … Read more
by Tho Bishop via Mises Wire Once again Donald Trump’s presidency has done a great job of highlighting the hypocrisy and delusion of the beltway bubble. A recent story from the Daily Beast reports that Trump is frustrating advisers with his apathy towards the current trillion dollar deficits coming out of Washington. Since the 2016 presidential campaign, Donald … Read more
via @pattidomm A scary chart pattern, called the ‘death cross,’ formed in the chart of the S&P 500 on Friday, signaling traders that there could be more selling ahead. The death cross formation appeared in the chart of the small cap Russell 2000 index just over three weeks ago, and the Russell has lost 4.4 percent … Read more
The opening monologue about the FISA and Clinton corruption is calls about a dozen dimms out. The “King and Queen of corruption” comment is at about 9:40 in. MAGA Published on Dec 7, 2018 Sean Hannity 12/7/18 – Hannity December 7, 2018 – Fox News Revealed: Clinton Foundation whistleblowers have been working with FBI … Read more
DeepMind’s artificial intelligence programme AlphaZero is now showing signs of human-like intuition and creativity, in what developers have hailed as ‘turning point’ in history. The computer system amazed the world last year when it mastered the game of chess from scratch within just four hours, despite not being programmed how to win. But now, after … Read more
Brussels European Quarters : Yellets jaunes , ( update ) 115 arrested / Souspicious Weapons … —————————————————— 50 arrested…with weapons Brussels: 50 arrested with suspicious weapons Around the European quarter in Brussels, a perimeter has also been set up. Everyone is being monitored. “In all, about fifty arrests of people who went to Brussels with suspicious and dangerous … Read more
by Martin Armstrong Denmark plans to house the country’s most unwelcome foreign refugee who has caused problems in a most unwelcoming place they could find – Lindholm Island. It is a tiny, hard-to-reach island that now holds the laboratories, stables, and crematory of a center for researching contagious animal diseases. They are planning to house up to … Read more
https://youtu.be/kMN2TkDlhmM “The French law enforcement agencies have seized 28 Molotov cocktails and three improvised explosive devices in the southwest of the country in the run-up to new “yellow vest” protests, according to a joint communique by the prefect of police of the Tarn-et-Garonne department and Montauban prosecutor. “Following the seizure of 28 Molotov cocktails … Read more
by Troy Pay special attention to this post. While our technical market studies are more popular, fundamental (macro economic) analysis is far more valuable when it comes to predicting the U.S. stock market. We trade based on macro. We don’t trade based on technical analysis. I have now completed the initial version of the Macro … Read more
Gregory Mannarino interviewed by Greg Hunter on USA Watchdog The stock market has made wild swings this week. Gregory Mannarino from TradersChoice.net comes on in a special one-on-one interview to make sense of it all. Mannarino gives his analysis on stocks, bonds, interest rates, gold and silver. Is the market setting up to go higher or fall on its … Read more
via RonPaulLibertyReport Whenever you put government in charge, you get a big mess. That’s exactly what we have. President Trump campaigned against a “big, fat, ugly bubble,” and then took ownership of it. Big mistake. The Fed has twisted the economy into a Gordian Knot, and has painted itself into a corner. There will be a … Read more
CNBC, Released on 12/7/18 Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm’s chief economist, is a senior fellow at Yale University’s Jackson Institute of Global Affairs and a senior lecturer at Yale’s School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next … Read more
by Chris Martenson Now that the world’s central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. The cartel (especially the ECB and the Fed) is hoping it can gently deflate these … Read more
by TraderStef via CrushTheStreet (connect with TraderStef via Twitter or at TraderStef’s website) On the heels of the DOW plunging 800 points today on concerns over an economic slowdown, the bond market has been wagering on a recession by pricing in interest rate cuts that usually accompany a downturn. A flattening yield curve is not a forecaster of recession in and of itself, but it is a consistent … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter FANGMAN down 10.4% for the week, down $1.12 trillion from peak. Apple plunges. This week was ugly for stocks in its own right, but it was particularly ugly because there was a major – and briefly very successful – effort by the Wall Street Journal to manipulate share prices higher. Tuesday … Read more
https://www.bloomberg.com/graphics/2018-corporate-debt/?srnd=premium Masayoshi Son and Elon Musk leveraged their dreams to the hilt. Patrick Drahi stockpiled debt to build a global cable empire. Michael Dell loaded his computer company with risky loans to buy out activists threatening his control. And a group of Chinese developers borrowed big to expand in the nation’s booming property market. Call … Read more
Talk Digital Network, Released on 12/6/18 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling Dynamite: An insider’s wisdom on money management, markets and wealth that lasts,” as well as a popular daily financial blog: http://www.jugglingdynamite.com. Danielle worked as an attorney … Read more
by Dr. Eowyn FWD.us calls itself “a bipartisan” political organization, founded by technology and business “leaders,” which believes that America’s “broken immigration and criminal justice systems have locked too many people out from the American dream”. According to Wikipedia: FWD.us is a 501(c)(4) lobbying group . . . that aims to lobby and advocate for its … Read more
by Michael Snyder Fear is spreading like wildfire on Wall Street, and on Friday we witnessed yet another wave of panic selling. The Dow Jones Industrial Average fell another 559 points, closing at 24,389. Previously I had warned that once we solidly broke through 25,000 that it could trigger an avalanche of panic selling, and that … Read more
via Charles Hugh Smith The value of declaring the entire nation in or out of recession is limited. Recessions are typically only visible to statisticians long after the fact, but they are often visible in real time on the ground: business volume drops, people stop buying houses and vehicles, restaurants that were jammed are suddenly sepulchral and … Read more