by Dana Lyons Despite a more than 2% jump in the S&P 500, short-term volatility expectations unprecedentedly closed higher on the day. Yesterday saw traders (more likely, computers) push stocks sharply higher on the heels of an apparently more dovish Fed. In the case of the S&P 500 (SPX), we are talking about a gain of … Read more
From FXStreet: Going forward, there are – and will continue to be – three primary drivers of global physical gold (and silver) demand. During certain times in the past only one or two of these elements provided most of the momentum. However, as we move into 2019, and for possibly the next 5-10 years, all three will be … Read more
The market rallied Wednesday after Federal Reserve Chairman Jerome Powell said interest rates are “just below” the range of estimates for neutral. Some prominent Wall Street economists didn’t see a major difference from previous remarks. Powell’s remarks in October that the Fed was “a long way” from neutral helped spur a market sell-off on fears … Read more
via Zerohedge: Several weeks ago, when looking at the US budget data for the recently concluded (Sept 30) Fiscal 2018, we noted that the most troubling observation in the latest data (besides the growing deficit, rising spending and shrinking tax revenues) was that the government paid $523 billion in total interest in fiscal 2018, the highest on record. Alas, this … Read more
https://twitter.com/OccupyWisdom/status/1067983987828813824 Even After IMF Downgrade of Global Economy, Data Suggest Things Are Getting Worse Still “We know that rising trade barriers are ultimately self-defeating for all involved,” IMF chief Christine Lagarde said. “Thus, it is imperative that all countries steer clear of new trade barriers, while reversing recent tariffs.” glut/slowdown in China crushing rebar … Read more
Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Exchange-traded bond funds and bond mutual funds are big business. They’re a lot easier for retail investors to buy and sell than the actual bonds, particularly bond ETFs, which trade on stock markets just like stocks — and can even be day-traded. But this liquidity for investors is precisely the potentially … Read more
via upfina: The September CoreLogic Case-Shiller index wasn’t terrible, which is encouraging since many housing related indexes have shown weakness recently. The problem with this report is it’s from September. Therefore, it doesn’t quell investors’ nerves about the direction of the housing market which is caused by more recent weakness. On a seasonally adjusted basis, 20 … Read more
by Bix Weir from Road to Roota I’ve posted 884 articles on my website about how Deutsche Bank is the lynch-pin for the Derivative Meltdown that takes DOWN the Evil Banking Cabal…so the news today of a RAID with 170 Cops is HUGE!!
by Geoffrey Grider Delta says the Atlanta airport’s Terminal F has become the ‘first biometric terminal’ in the United States where passengers can use facial recognition technology “from curb to gate.” Back in the 1970’s, when I was but a wee laddie, one of the commercials that got everybody talking was the “you got … Read more
‘Inside Psychiatry’s Covert Agenda : The Hidden Enemy’ This documentary shows how the army is exploited as Psychiatry’s testing ground for drugs and other inhumane “treatment” which have resulted in exponential growth of military suicides. Today, with militaries of the world awash in psychiatry and psychiatric drugs, 23 soldiers and veterans are committing suicide every … Read more
https://www.bbc.com/news/amp/business-46382722 Oh sweet…Deutsche Bank up to their old shenanigans again…helping criminals launder that dirty money. Unfortunately, we all know what happens in these cases…lowly peons operating without the upper officials knowledge May get a little bit of time and a nice “where’s our vig” fine…but other than that, business as usual. It’s not like we’ll … Read more
via thehill: Something strange has happened to the news. We’ve largely suspended our normal ethical practices and standards when it comes to covering President Trump. Maybe it doesn’t seem strange to the usual crowd: the Washington and New York-centric media, political figures, insiders and pundits. They act like it’s not happening. Or maybe they don’t even notice. … Read more
by Shaun Richards Yesterday saw the publication of Brexit forecasts from HM Treasury and the Bank of England. The former was always going to be politically driven but the Bank of England is supposed to be independent, although these days we have to ask independent of what? There is little sign of that to be … Read more
by John Ward In a pan-Galactic once-in-a-generation exclusive scoop you read here first live as it happens in person, The Slog’s global mole network now brings you unrivalled details of Theresa May’s full-frontal campaign to persuade the Best of British thinkers about what’s Best for Britain that she and she alone has the coordinates for reentry … Read more
By Doug “Uncola” Lynn via TheBurningPlatform.com Someone I care about got into some trouble the week before Thanksgiving. They asked for my help, and I wasn’t raised to say “no” in such situations. What ensued were a series of unfortunate events that staggered my mind and challenged my previously naive vision of a moderately benevolent universe. By any … Read more
by Lance Roberts Earlier this year, I penned an article entitled “The Coming Collision Of Debt & Rates” which discussed the 10-areas that rising interest rates would impact most directly. Number two on that list was housing: “Rising interest rates slow the housing market as people buy payments, not houses, and rising rates mean higher payments.” The … Read more
by Martin Armstrong It is incredibly important to understand that as the weather turns bitterly cold in the north, people will begin to migrate south. This not merely caused the ancient Greeks to become the Sea Peoples, but during the Year without a Summer in 1816. In the United States when in 1816 six … Read more
Mark Zuckerberg could have his name REMOVED from San Francisco General hospital after a city official claimed that Facebook does not serve the public interest anymore *Supervisor Aaron Peskin drafts legislation to remove the Facebook CEO’s name *He believes that Mark Zuckerberg’s company does not serve the public interest *Zuckerberg and wife Priscilla Chan donated … Read more
The US witnessed the most deaths in a single year, since official records began, in 2017, with suicide and drug overdose deaths soaring among an aging population, according to the Centers for Disease Control and Prevention (CDC). It marks the third consecutive year life expectancy has dropped in the US, and the longest life expectancy … Read more
Leftist Sunny Hostin admitted on Wednesday that she did not care about the poor treatment the Obama administration gave to migrants because she only cares about what the Trump administration is doing. In a segment on ABC’s “The View” talking about the recent incident where tear gas was used on migrants who threw rocks at … Read more