The Smart Money Flow Index Predicted 2000 and 2008 Crises; It’s Predicting Another One

via confoundedinterest: The Smart Money Flow Index is a sentiment index attempting to measure “skittishness” in the markets.  Particularly at stock market opening in the US for the Dow. We saw a collapse in the Smart Money Flow index in 1999 as the Dot.com bubble exploded. Then we saw a slower decline starting in 2004 in front of … Read more

Late Cycle Signals and Yield Curve Dynamics

by lxvresearch “Everything turns in circles and spirals with the cosmic heart until infinity. Everything has a vibration that spirals inward or outward — and everything turns together in the same direction at the same time. This vibration keeps going: it becomes born and expands or closes and destructs — only to repeat the cycle … Read more

Why is the market value rising so fast in the past few years?

by kCinvest These are the most common causes for bubbles to be sustained: Disinflation (rising equity prices on falling inflation) Easy credit & low interest rates Real broad MZN growth acceleration (liquidity trade) Behavioural finance (herd mentaility, overreaction to good news) Rising public participation (stock market euphoria, friends and colleagues making money) Monetary excess (pumping liquidity … Read more

Look at whats been going on for the last 4 trading days. Weaker and weaker impluses off the 200 day moving average. buyers are running out of energy.

https://twitter.com/hks55/status/1054450442569166854 BlackRock Passive BlackRock Passive BlackRock Passive pic.twitter.com/mKooWCXBm3 — mcm-ct.com (@mcm_ct) October 22, 2018 Reminder of this chart – how oversold are we? Well actually – overbought would be the better question pic.twitter.com/2kCKiWGhBA — mcm-ct.com (@mcm_ct) October 22, 2018   https://twitter.com/hks55/status/1054473118620794881

So is this an attempt by foreign powers to influence an American election?

AMERICA’S CAMP OF THE SAINTS PROBLEM: A vast caravan of unarmed poor migrants are walking* north towards the frontier. A far-right dystopian novel from 1973 foresaw the challenge. Plus a related question and answer: Did a Univision reporter prove Donald Trump right about the migrant caravan? Twitchy.com observes that earlier today, Trump tweeted: Naturally, as Twitchy goes on to note, the … Read more

Have We Hit Peak Earnings Growth?

Originally posted at Breifing.com According to FactSet, the five-year average for the forward 12-month P/E multiple for the S&P 500 is 16.3. Today, the forward 12-month P/E multiple is 15.9 versus 16.8 at the start of the fourth quarter. On the surface, the S&P 500 appears to be undervalued. Why, then, hasn’t there been a rush to buy … Read more

BUYING VOTES 101

by Jim Quinn The national debt went up by $1.2 TRILLION in the last fiscal year. Tax revenue plummeted, while spending skyrocketed. Interest on the debt soared to an all-time high. Promise more tax cuts with no plan to pay for them by cutting spending. That’s the ticket. Now you know what they taught at … Read more

Texas Border Patrol begs for help, besieged by ‘migrant caravan’ advance mob. Troops deployed at border?

by Dr. Eowyn The first “migrant caravan” of invaders from Honduras and Guatemala has swelled to more than 7,000 and are reported to have crossed the Guatemalan border into Mexico, “with little resistance” from Mexican authorities. A second “caravan” of more than 2,000 Hondurans reached Guatemala yesterday. See “Central American ‘caravan’ invaders are in Mexico, … Read more

Economists Think the Next U.S. Recession Could Begin in 2020

via Ben Leubsdorf The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest rates to cool off an overheating economy, according to forecasters surveyed by The Wall Street Journal. Some 59% of private-sector economists surveyed in recent days … Read more

Bond Giant Fretting ETF ‘Blowout’ by 2020 Buys Swaps Instead

via Natasha Doff The U.K.’s largest active manager is taking up arms against what it sees as an imminent liquidity crunch coming to credit markets. As bouts of late-cycle volatility prompt fears of an impending race for the exits, Aberdeen Standard Investments has been scooping up securities with greater liquidity relative to cash bonds, like credit … Read more