Debt Alarm Ringing

by John Mauldin Is debt good or bad? The answer is “Yes.” Debt is future spending pulled forward in time. It lets you buy something now for which you otherwise don’t have cash available yet. Whether it’s wise or not depends on what you buy. Debt to educate yourself so you can get a better job … Read more

Fund managers on where we are in the economic cycle

Graph of this issue: https://pbs.twimg.com/media/DqmUt2YX4AApk7W.jpg According to @MerrillLynch Fund Manager Survey, a record 85% of respondents think that the global economy is at a late cycle. The reading is 11% higher than the December 2007 peak. $SPY $EFA $EEM   $SPX Monthly Change at 2009 levels! h/t Reuters #Eikon pic.twitter.com/c1RZB6xPYZ — Alastair (@StockBoardAsset) October 30, 2018 … Read more

The decline of alcohol consumption in France

via NaytaData: Source: WHO Tools: Excel France has seen the largest decline in recorded alcohol consumption in the world between 1961–2016. In 1961 the French consumed a staggering 26.0 litres of pure pure alcohol per 15+ aged person. In 2016 this figure was down to 11.7 litres. The consumption of beer and spirits hasn’t changed that much … Read more

2019 ACA plans now available for preview. Don’t forget to look at the network & out of network coverage!

by jason_for_prez The 2019 plans are now available to be previewed. If you might be using them, check it out! https://www.healthcare.gov/see-plans/ ​ Deductibles, coinsurance rates, and out of pocket maximums are very different in-network and out-of-network, so be sure to take those into account when choosing a plan! A personal example: ​ I’m happy covering most … Read more

Country portrait. Germany.

via CUTE_DATA: Tools: Adobe Illustrator ​ Sources: The World Bank – http://www.worldbank.org The Central Intelligence Agency – http://www.cia.gov UN Comtrade, DESA/UNSD – https://comtrade.un.org Stockholm International Peace Research Institute – http://www.sipri.org Our World in Data – http://www.ourworldindata.org The Organisation for Economic Co-operation and Development – http://www.oecd.org  

I Read The News So You Don’t Have To – Market News (Oct. 31, 2018)

by ogordained Happy Birthday Bitcoin, born on October 31, 2018 in the midst of the financial meltdown, bitcoin turns 10 years old today. 🎈 UNITED STATES The Conference Board’s measure of consumer confidence hit its highest level in 18 years It also reveals that US households are confident in the stock market Housing inflation is well above wage growth Rental … Read more

The Warning Light Is On: Another One Of Those Eerie Resemblances To Previous Market Tops; Please Prepare For Global Slowdown

The warning light is on. Please prepare for global slowdown pic.twitter.com/BUMfeAnOEa — Alastair (@StockBoardAsset) October 30, 2018 Another one of those eerie resemblances to previous market tops. Global stocks to US Treasuries ratio has now broken down after reaching just 51bps of its record level at tech bubble peak. pic.twitter.com/TXMAfVxWra — Otavio (Tavi) Costa (@TaviCosta) … Read more

Dems ROCKED By 9 DEVASTATING Words Uttered By One Woman Seconds After She Took The Stage in DC

https://www.youtube.com/watch?v=bqGuDV3d8OM Alicia Powe for the Gateway Pundit reports, Singer Joy Villa joined Brandon Straka and thousands of former Democrats who celebrated breaking free of the party’s mind control at the #WalkAway march in Washington DC Saturday. Read More/Source/Credit/FairUse: https://www.thegatewaypundit.com/2018…

Total Planetary Collapse: The World’s Vertebrate Population Has Fallen By An Average Of 60 Percent Since 1970

by Michael Snyder The clock is ticking for humanity, and it is not just because our financial system is heading for the biggest implosion that any of us have ever seen.  The truth is that we are literally running out of everything.  We will not have enough oil to meet our energy needs long before we … Read more

Why Is Social Media So Toxic?

by Charles Hugh-Smith The desire to improve our social standing is natural. What’s unnatural is the toxicity of doing so through social media. It seems self-evident that the divisiveness that characterizes this juncture of American history is manifesting profound social and economic disorders that have little to do with politics. In this context, social media isn’t … Read more

America’s Debt: A Recipe for Disaster

by Bill Bonner YOUGHAL, IRELAND – Back in Ireland for a few days, we take up an agreeable routine. We read and write in the morning. In the afternoon, we lay stone, closing the open gable ends of our old barn. We’ve done stone masonry in France, Argentina, and now here. (There are no stones in … Read more

The Market Is Gunning For Its Early-2018 Lows

by Jesse Colombo After last week’s powerful sell-off, the U.S. stock market opened much higher this morning, with the Dow up as much as 352 points. Mainstream investors and TV commentators were excited, as they usually are, that the sell-off may have created an excellent “dip-buying” opportunity. I wasn’t buying it one bit, however: Last … Read more

Why gold prices are rising

From Livemint: Goldman Sachs Group Inc. says that “fear” has made a comeback and gold is benefiting as stocks slide and investors fret more about the possibility that the US economy may tumble back into recession. Bullion’s recent advance “happened on the back of the market sell-off and spike in volatility,” analysts including Mikhail Sprogis and … Read more