The four engines of job growth across four major sectors have stalled; jobless claims have risen across the board; Morgan Stanley sees 50%+ chance of an earnings recession next year.

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The four engines of job growth across four major sectors have stalled; jobless claims have risen across the board@DiMartinoBooth pic.twitter.com/VNdDnHyHTO — Liz Ann Sonders (@LizAnnSonders) November 26, 2018 Morgan Stanley sees 50%+ chance of an earnings recession next year. (via @pattidomm) @CNBC pic.twitter.com/rA9gVbfP4T — Carl Quintanilla (@carlquintanilla) November 26, 2018 “The bear market is mostly … Read more

Hedge fund redemptions could offset corp buybacks going into year end, but what if corporations and boards get spooked b/c of the October crash and decided to pull back on stock buybacks, too? Double hit to markets possible?

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Hedge fund redemptions could offset corp buybacks going into yearend, but what if corporations and boards get spooked b/c of the October crash and decided to pull back on stock buybacks, too? Double hit to markets possible?https://t.co/JlztchFOaI — M/1_LP (@MI_Investments) November 26, 2018 cc: @neelkashkari @marydalyecon @RobSKaplan @ericrosengren where were Fed regulators when this was … Read more

Is FANG maxed out? The most promising technologies of the next decade (2020 and beyond) and which companies to invest in?

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by ceud During a bear market, tech and other growth companies are generally the ones that experience the biggest corrections in share prices due to poor fundamentals and high P/E ratios. However, it doesn’t change the fact that investing in general is always about future value. Obviously ‘future’ is subjective and will vary from person to … Read more

“Rs63,700 Per Tola”: Right Now, Gold Trades at Record Highs in Pakistan

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via tribune.com.pk: Gold prices in Pakistan shot up to a record high at Rs63,700 per tola (11.66 grams) on Friday as people turned to the precious yellow metal, which is considered a safe haven for investment, ahead of likely return of inflationary pressures in the country. Karachi Saraf and Jewellers Association Secretary Ghulam Hussain Deedar said … Read more

80% of Mortgage Refis Are Equity Cash Outs

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via yahoo: Rising mortgage rates are crushing much of the refinancing market. But Americans are still using refis to pull cash out of their homes. More than 80% of borrowers who refinanced in the third quarter chose the “cash out” option, withdrawing $14.6 billion in equity out of their homes, according to government-sponsored mortgage corporation Freddie … Read more

Same Old ECB, Same Old Draghi: Even After “Stimulus” Ends, There Will Still Be Stimulus

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via fxstreet: Below are some key highlights from the introductory statement delivered by Mario Draghi, President of the ECB, at the ECON committee of the European Parliament, Brussels, 26 November 2018. The data that have become available since my last visit in September have been somewhat weaker than expected. Risks relating to protectionism, vulnerabilities in emerging markets and … Read more

JPMorgan: Just When Global Bond Supply Is Increasing, Demand Is Plummeting

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via zerohedge: One year ago, just as the Fed had started quantitative tightening, i.e., the shrinkage of its balance sheet, JPMorgan’s Nikolaos Panigirtzoglou, author of the popular Flows and Liquidity newsletter predicted that the more than $1 trillion decline in G4 central bank bond purchases in 2018 relative to 2017 would be a key driver for the change in the … Read more

China’s Orwellian Social Credit Score has already banned 11 million flights and 4 million train trips by “undesirables.”

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via zerohedge: The “Beijing Further Optimization of the Business Environment Action Plan (2018-2020)” has just been distributed to all district committees, district governments, municipal party committees, local government ministries and commissions bureaus, various head offices, multiple people’s organizations, colleges, and universities. The new report details Beijing’s ambitious plan to control each of its 22 million citizens based on a system of social scoring that punishes … Read more

“Property is the biggest risk in China in the next 12 months, much greater than the US-China trade war”

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via scmp: Home prices have skyrocketed 325 per cent in the past two decades. OP Capital’s chief executive Oscar Choi said he’s “100 per cent sure” there’s a bubble in the housing market. Meanwhile, overbuilding has emerged as a concern. Local governments’ reliance on land sales for revenue has led to ghost cities – fully built but unoccupied. … Read more

List of Finance Free Courses

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by thequanttt13 Excel https://www.youtube.com/playlist?list=PL_H8SEcfTAXkwjlHXm0lF-ROglEXHiLyj Capital Budgeting https://www.youtube.com/playlist?list=PL_H8SEcfTAXm7fyZMEDYhaBoeUerYtxJ5 Working Capital Management https://www.youtube.com/playlist?list=PL_H8SEcfTAXnCoAu-2SR28m4iXLcxRfwH Finance 101 https://www.youtube.com/playlist?list=PL_H8SEcfTAXkOcrOQ_qYORmi1mtvfHbAk Accounting https://www.youtube.com/playlist?list=PL_H8SEcfTAXnA42_To-s6bI_2xIuJPfvv Financial Statements Analysis https://www.youtube.com/playlist?list=PL_H8SEcfTAXlbakU7emSZBFoFJQPlQUZt Financial Analyst Full Course https://www.youtube.com/playlist?list=PL_H8SEcfTAXkGKvfYaBniT0boAwMkRqHt    

Cumulative return for FAANG stocks in 2018

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by gorillaz0e Graph of this issue: https://pbs.twimg.com/media/DsvCoreUcAA1AIE.jpg FANG got wrecked this year – so far. Facebook, Amazon, Netflix, and Google parent Alphabet plummeted during 2018, compounding weakness that has plagued the broader tech space. At least one of those names could have hit a bottom, according to Matt Maley, equity strategist at Miller Tabak. “The stock … Read more

3D data visualization tool for financial statements

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via ghostofgbt: What’s up everyone! I wanted to share an update to this site which I’ve been working on for the last few months cause it’s REALLY awesome and gives you a very cool way to navigate financial statements: in three dimensions! I got this idea after stumbling across an awesome charting library called eCharts and I was … Read more

Will DOJ Hold Bullion Banks Accountable?

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via Money Metals: It is hard to cheer for the Department of Justice these days, but federal prosecutions have begun to offer hope for precious metals investors hurt by rigged markets and crooked traders. The DOJ looks poised to do what regulators at the CFTC have not. They will use evidence of blatant cheating and fraud … Read more

Is crypto finished?

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by Simon Black Think back to this time last year, around 2017’s Thanksgiving holiday in the US. . . As you probably remember, BITCOIN was the dominant theme of the day, whether around the dinner table or in the news headlines. Crypto prices had soared throughout 2017, climbing from $1,000 at the beginning of the year … Read more

What can we expect next from UK house prices?

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by Shaun Richards A feature of the credit crunch era has been the way that central banks have concentrated so much firepower on the housing market so that they can get house prices rising again. Of course they mostly hide under the euphemism of asset prices on this particular road. For them it is a … Read more

U.S. companies benefiting from 2017 arms deal with Saudi Arabia and the politicians these companies support

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by loratcha Factbox: Deals signed by U.S. companies in Saudi Arabia, Reuters, May 20, 2017 U.S. and Saudi Arabian companies signed tens of billions of dollars of business deals on Saturday as Riyadh sought help to develop its economy beyond oil during a visit by President Donald Trump. National oil firm Saudi Aramco said it … Read more