Investment Watch Blog

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family houses dropped 9.2% year-over-year. Prices of “units” (condos) fell 5.5%; Prices of all types of … Read more

by Egon von Greyerz Both Western and Eastern central banks are now fully supporting gold. Precious metals investors can with total confidence buy and hold physical gold, silver and platinum in the firm knowledge that central banks both in the West and the East will by their actions guarantee that the price can only go up. … Read more

by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon.  John Adams told the politicians that it is better, and in the national interest, if they … Read more

This article was written by Dave Kranzler and originally published at Investment Research Dynamics Will GE be the proverbial “black swan?” – It had come to my attention that General Electric was locked out of the commercial paper market three weeks ago after Moody’s downgraded GE’s short term credit rating to a ratings level (P-2) that … Read more

by DCG Streets of Sacramento…   Liberal utopia of Sacramento… Progressive-run west coast cities have become a magnet for the homeless. The demorats encourage illegal and disgusting behaviors by not enforcing laws. The bureaucrats do nothing to actually solve their homeless problems; they just react to the situations they helped create. See the following: Liberal utopia … Read more

By Harry Dent I just got back from Australia… A five-city tour: Sydney, Perth, Melbourne, Adelaide, Brisbane… I was gone for 11 days… eight on the ground. And man! What a trip. Never mind the endless travelling or the horrific jetlag… This was one of my best tours yet; and a particularly unusual one because … Read more

by Dennis Miller The Federal Reserve is raising interest rates. Higher rates = higher monthly payments = more defaults. Who will get stuck with bad loans? Wolf Street recently interviewed Mike Jackson, CEO of AutoNation, the largest auto retailer in the country: “We knew ‘free money would inevitably end. Affordability would become an issue…’ The double whammy are … Read more

by Thinker My friends we may see justice soon. Emily Birnbaum for the Hill reports, President Trump on Wednesday morning shared an image calling for his opponents to face trial for “treason,” with many of them behind bars. THEY FAKED”EVERYTHIN!” JUST LIKE TRUMP HAS BEEN SAYING! https://youtu.be/ZacYZ_U4j3Y “You Are Just A TV Guy!” Fmr. Security … Read more

by Kenneth Boyd of CPA Accounting Institute for Success It’s no secret that tax law in the United States is extremely confusing. Even the length of the official tax code is subject to wild speculation; people estimate it to be somewhere between 2,500 pages and four times the length of the complete written works of Shakespeare. … Read more

by Fabius Maximus  Summary:  By now most Americans see the need for drastic political reform in America. This post explains why nothing happens (the usual stories are wrong), and how we can take the first step to fixing the Republic. It’s not what you expect. “If ye love wealth better than liberty, the tranquility of servitude … Read more

JOURNALISM: Plus, as Ben Rhodes noted, they literally know nothing:     h/t GR

NPR has now amended their completely botched story about Don Jr’s testimony to the Senate in 2017. UPDATE (FROM GLENN): It’s playing badly. Journos complain about Trump undermining trust in journalism. But the problem isn’t what Trump says about journalists, it’s what journalists do.   h/t SG