There’s a big gap between the polls and how it feels like this election ought to go

CONRAD BLACK: About That ‘Blue Wave.’ Those repelled by Trump will not soften until he has retired as president, as with those who hated Franklin D. Roosevelt for spurious ideological or mythic reasons (such as that he gave Eastern Europe to Stalin); or those who disparaged Reagan as “an amiable dunce,” in the words of Clark … Read more

Deutsche Bank Dropping under $10 a share

It has been speculated, that if DB drops under $10, this would be the point of no return. This morning DB dropped to $9.96 https://www.nyse.com/quote/XNYS:DB Last month DB biggest investor sold it’s entire share. https://www.zerohedge.com/news/2018-09-07/deutsche-banks-top-investor-selling-its-entire-stake-under-orders-china Is this the final moments of the Titanic, or will Germany and the US Fed bail it out again?   … Read more

Fear-and-greed index (0-100) is currently at: 10

https://money.cnn.com/data/fear-and-greed/ The daily sentiment index on the S&P and Nasdaq was 8 and 9% yesterday. So by that measure the markets are short term oversold. Markets do crash from oversold levels though. I’m split on what happens short term. It could rally strongly but the long term technical condition of the market is still extremely … Read more

Type 2 Diabetes In Grid Down Environment–Fasting, Exercise

by SP The major medical scourges of developed western society are 1) obesity, 2) diabetes (type 2), 3) hypertension, and 4) atherosclerosis.   Arthritis deserves a (dis)honorable mention.  All of these are closely related to insulin resistance. (This discussion does NOT include type 1 diabetes.  In type 1 diabetes, the pancreas is damaged and does not make insulin. Most … Read more

How gradual has monetary tightening been?

https://twitter.com/greg_ip/status/1055529416028250115 tightened financial conditions pic.twitter.com/I6PKXqEocg — Sam Ro 📈 (@SamRo) October 25, 2018 Rising Rates Fan Equity Fears Over $14 Trillion of Company Debt Bloomberg–3 hours ago Over the past decade, non-financial corporate debt worldwide has swelled 68 percent to $14 trillion, according to Sanford C. Bernstein. As economic growth .. Gold to replace US Treasuries as the ‘ultimate risk-off asset’ – strategist RT–28 … Read more

PPT In The House!

by Chris Look, I know that rallies happen, and that not every shadow behind every bush is the PPT, but there are times when the “”market”” action is just too convenient for the powers that be to seem legitimate. When gold gets sold and stocks get bought that’s very convenient for TPTB. Looking at today’s … Read more

YAHOO Data Breach Victims Get $100. Lawyers Get $35 Million

Yahoo will pay up to $85 million to settle a class action lawsuit over its massive data breach, reports the Recorder, a legal publication. That includes $50 million for compensation for up to 200 million affected users plus another $35 million for lawyers’ fees and expenses. People who had Yahoo accounts between 2012 and 2016 and experienced out-of-pocket costs tied … Read more

Sad Announcement From 1st Woman Supreme Court Justice Raises New Questions About Ruth Bader Ginsburg

https://www.youtube.com/watch?v=Y2QOywjnO1E Chris Agee for the Western Journal reports, Retired U.S. Supreme Court Justice Sandra Day O’Connor announced her withdrawal from public life in a letter this week that detailed her advancing cognitive difficulties. Read More/Source/Credit/FairUse: https://www.westernjournal.com/suprem…

Canada Is Spending A FORTUNE! – Debt SKYROCKETS!

Josh Sigurdson talks with author and economic analyst John Sneisen about the stunning level of spending by the Canadian government as the number breaches $300B pushing up Canada’s debt ratio. The deficit has been ranked at $19B. The overall spending by Ottawa hit $332B in Canada allegedly due to new categorization of debt liabilities being … Read more

Indicator Suggesting Another 20% Decline?

by Kimble Charting Many savvy investors look at the NYSE Composite to gauge the health of the broader market. With the markets in correction mode, we will look at this broad-based stock index for clues about the stock market correction. In the chart below, you can see that the NYSE Composite has foretold stock market correction with “hanging … Read more

It only just begun…and already “Markets in Turmoil” specials. You can’t put a $20T plug under markets (supply & demand) and expect it won’t have opposite effects removing it

It only just begun…and already "Markets in Turmoil" specials. You can't put a $20T plug under markets (supply & demand) and expect it won't have opposite effects removing it. We also have no idea how much QE was levered up w/ derivatives + options + other forms of leverage⚠️ pic.twitter.com/KL1FwHNDk6 — M/1_LP (@MI_Investments) October 25, … Read more

Read The News So You Don’t Have To – Market News (October 25, 2018)

by ogordained UNITED STATES The Markit PMI manufacturing activity index is trending higher Markit PMI price indices keep strengthening, pointing to higher inflation ahead New home sales are near the 2-year lows while inventories are climbing The S&P 500 gave up 3% and is now down for the year Concerns are growing about a slowdown in earnings growth, tariffs, higher rates, a stronger US dollar, … Read more

America’s Foreignest Presidents

via Udzu: Visualization details Ancestry information from Wikipedia and wikitree.com. Foreign-born means born outside the US (or 13 Colonies) without inheriting citizenship from parents. Note that inheriting US citizenship through just one parent only became possible in 1855 for fathers and 1934 for mothers. Colors indicate party affiliation (just noticed I forgot to put a legend, … Read more