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John Williams has long said that this money printing orgy by the Fed will end in a hyperinflationary event. Williams says, “Unfortunately, it is unavoidable. It is only a matter of when. It can only be avoided if the U.S. can get its long term financial house in order.” We all know that is not … Read more
Our local waste disposal company has decided it no longer can accept glass. I don’t really recycle glass or have much glass as it is, but found the related article interesting. The whole recycling industry seems to have just been a scam. The reason being, they don’t recycle glass anymore because it’s environmentally unsound, but … Read more
All the models are uniniversal agreement of some sort of Hurricane developing in the Gulf next week. Canadian, Navy, and euro saw it days ago, now the GFS is in agreement. Prep NOW folks!! https://www.tropicaltidbits.com/analysis/models/ https://www.nhc.noaa.gov/?atlc See the orange X * Formation chance through 48 hours…medium…50 percent. * Formation chance through 5 days…high…80 percent. UPDATE … Read more
by Lance Roberts Market Review Did Something Just Break? Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Market Review In last week’s missive I stated: “There has been a pretty well defined upward trendline (gold box) since the April lows which has consistently provided better entry opportunities to increase equity exposure.” “As stated, our existing … Read more
by I_need_one_dollar Found this link on the ssa.gov website: https://www.ssa.gov/pubs/EN-05-10070.pdf There are step by step instructions on Page 2 (https://imgur.com/IsptZqk.jpg). I followed all of the steps. Created an Excel spreadsheet with the following columns: Year, Maximum Earnings, Actual Earnings, Index Factor, and Indexed Earnings. I copied and pasted the Year, Maximum Earnings, and Index Factors from … Read more
by dragontamer5788 No one knows “why” they lose money. All the cash-flow statements tell you is how much money they’re losing. In the short-term, Tesla has a $920,000,000 loan that they need to pay back in March 2019, and a big question is… how do they plan to pay it back? This loan exists because Elon Musk … Read more
DEARBORN, Mich. — When Ford Motor was celebrating the 100th anniversary of its Rouge industrial complex last week, its chairman, William C. Ford Jr., offered an optimistic outlook for the years ahead. The company is still solidly profitable, he said, and while it is losing money overseas, it is working on a solution. Furthermore, … Read more
by Timelapze It seems volatility is rearing it’s ugly head again. Do what do you think Monday will bring? October is a spooky month. Black Monday is in October of 1987. October marked the beginning of the panic of 1929. Although the 2008 crisis began in September, October was another bad time for investors. … Read more
ZURICH (Reuters) – The era of mystery-cloaked numbered Swiss bank accounts has officially come to a close as Switzerland, the world’s biggest center for managing offshore wealth, began automatically sharing client data with tax authorities in dozens of other countries. The Federal Tax Administration (FTA) said on Friday it had for the first time exchanged … Read more
via stateofthenation2012: The context The 2018 midterm elections are the most consequential in U.S. history. Both sides are in a “Must Win” predicament. If the Democrats lose big, they risk becoming not only irrelevant but extinct because of their profoundly anti-American platform and criminal past…and seditious present…and treasonous future. In light of the Kavanaugh scandal, the … Read more
Jobless black people are taking full-time work at a higher rate than unemployed whites, amid a more favorable economy for a population whose prospects have historically been dimmer than for other races. Why it matters: The data, reflected in the chart above, suggest a greater willingness by jobless black people to accept relatively low wages, while … Read more
by Spencer P Morrison, NEE A customer can have a car painted any color he wants as long as it’s black. ~Henry Ford In 1908 the American industrialist and culture hero Henry Ford released the Model T. What made the Model T so special was its reasonable price tag of $850 ($21,000 in today’s currency). For the first … Read more
via Mark Hulbert The U.S. stock market is headed for a decline in the range of 8% to 13%. That is the forecast of Hayes Martin, president of Market Extremes, an investment consulting firm that focuses on major market turning points. The last time I checked in with Martin, in early April, he was forecasting an … Read more
via Chris Kimble Interest rates are steadily creeping higher. And housing, as measured by the several housing related ETFs and Indexes is facing a slowdown. And not very many people are talking about it. Well, it’s time to put it on your radar! Housing carries implications for the economy and the stock market (and our … Read more
by John Rubino “How did you go bankrupt?” “Two ways. Gradually, then suddenly.” ― Ernest Hemingway, The Sun Also Rises On the surface, nothing much changed last week. The Fed, as expected, raised short-term interest rates very modestly, the US, Canada and Mexico cut a new NAFTA deal (kind of a positive surprise), unemployment fell again, … Read more
by DCG Basketball player LeBron James, like many celebrities, is a gun control hypocrite. Back in 2015 LeBron told the AP the following: “There’s no room for guns. Obviously you’re not going to be able to take every gun out, I don’t know how you can do that. There’s so many around now, today. But if there’s … Read more
Holy Shit did You know the last time UST10Y tagged 200sma (monthly) it was during the 1987 CRASH pic.twitter.com/qhoa2VLU93 — Alastair (@StockBoardAsset) October 5, 2018 Excess liquidity vs. US 10yr 12 mo lead pic.twitter.com/Xm9JgsRO6N — Teddy Vallee (@TeddyVallee) October 5, 2018 Why is the Global Auto Index collapsing? pic.twitter.com/MuS9hOMpnT — Alastair (@StockBoardAsset) October 5, 2018 … Read more
