Echoes of 1929 All Over Again! Will the Next Financial Crisis Be EVEN WORSE? Debt Implosion!

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Do you think we are experiencing similarities with the “Roaring 20’s”? Let me know what you think. When a market behaves according to fundamentals, it’s easy to track. When there is euphoria and manipulation, it becomes quite difficult. Today we have a narrowing band of investments, many passive investors, and a recipe for certain disaster. … Read more

Global stocks rallying after Italian coalition government makes concessions to EU and US Fed Chairman Powell calls outlook for domestic US economy “remarkably positive”

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by QuantalyticsResearch US Stocks Global stocks are rallying this morning following news that the Italian coalition government is seeking a lower budget deficit after CY2019 & positive comments made by US Fed Chairman Jerome Powell about the outlook for the US Economy US stocks index futures are pointing to a positive open in NY with the … Read more

Useful sources for you to keep track the health of the economy and stock market

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These guys have some dank charts: https://fred.stlouisfed.org Here are a few neat ones: https://fred.stlouisfed.org/series/HTRUCKSSAAR https://fred.stlouisfed.org/series/PERMIT https://fred.stlouisfed.org/series/UNRATE https://fred.stlouisfed.org/series/T10Y2Y https://fred.stlouisfed.org/series/RECPROUSM156N https://fred.stlouisfed.org/series/FEDFUNDS https://fred.stlouisfed.org/series/TOTALSA also this https://www.advisorperspectives.com/dshort/updates/2018/09/28/recessionalert-weekly-leading-index-update   h/t WilliamNyeTho

PepsiCo just became the latest beverage company to say it’s looking at the fast-growing cannabis market

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PespiCo CFO Hugh Johnston told CNBC on Tuesday the company will look “critically” at investing in cannabis. Cannabis federally illegal in the U.S., but it is legal in Canada, where some companies have been investing. Coca-Cola last month said it is “closely watching” CBD, the part of cannabis that does not give users high PepsiCo is … Read more

MASSIVE Discrepancy Between Google and Yahoo on Enbridge P/E Ratio

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This is unbelievable: For the exact same stock… Yahoo says 28.49 P/E https://ca.finance.yahoo.com/quote/ENB.TO/key-statistics?p=ENB.TO While Google says 168! https://www.google.com/search?tbm=fin&ei=01CyW6qwBOjXjwSAjqfICg&q=enbridge&oq=enbridge&gs_l=finance-immersive.3..81l3.1782.2686.0.2781.10.8.0.0.0.0.338.985.0j1j2j1.4.0….0…1.1.64.finance-immersive..6.4.984.0…0.3cP3iTfa8IY#scso=_11CyW6Ub6duPBLGqp7gF1:0     h/t JeremyJacobson

Amazon’s IMDB will announce this week a new free video service to compete for TV ad dollars

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Amazon is expected to announce a free, ad-supported video service on Fire TV which will feature libraries of past TV shows and movies, five people who have had talks with the company told CNBC. The offering, which is similar to The Roku Channel and Hulu, will let advertisers use Amazon’s first-party data and third-party consumer … Read more

How much money will it take to sway the vote of an illegal to take the choice the deep state want? – WSJ: Soros shelling out $500M for migrants

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by Thinker How many hold dual citizenship??? Illegals who the Obama/Clinton administration put before and in front of every Veteran and homeless American??? The words, actions, and vote of U.S. politicians are showing the people who is standing for a United America, and who will use their vote to divide America. Every alternative journalists and … Read more

The Retail Apocalypse Picks Up Speed As Sears, JCPenney, Brookstone And Mattress Firm Spiral Toward Bankruptcy

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by Michael Snyder Over 20 major retailers have filed for bankruptcy since the beginning of last year, and in 2018 we may break the all-time record for annual store closings that was established just last year.  We are in the midst of the worst retail apocalypse in American history, and it appears to be picking up … Read more

“The next financial crisis is coming. The last decade, 2008-18, is eerily similar to the periods 1921-1929 and 1996-2007”

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via counterpunch: The business and mainstream press this month, September 2018, has been publishing numerous accounts of the 2008 financial crash on its tenth anniversary. This month attention has been focused on the Lehman Brothers investment bank crash that accelerated the general financial system implosion in the US, and worldwide, ten years ago. Next month, October, … Read more

Pento: Absence of Liquidity Is a Disastrous Market Collapse Waiting to Happen

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via pentoport: Investors are experiencing huge moves in commodities, currencies, equities and in sovereign debt across the globe. And now the fall has arrived. Expect the volatility currently witnessed in markets to only surge. This is because global central banks have overwhelmingly turned hawkish in a vain attempt to gradually let the air out of the … Read more

September Carmageddon for Ford and GM

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Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Ford drops to 4th place. Industry sales in the red for the year. But FCA sales jump. GM stopped giving out monthly numbers of new-vehicle deliveries earlier this year, and switched to quarterly releases. Today it reported its third quarter new vehicle deliveries, and they plunged 11% compared to a year ago, to … Read more

The 6 Biggest Mistakes Ordinary Investors Make

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via visualcapitalist: In many areas of life, we are often our own worst enemies. The realm of personal finance is no different. What’s the biggest threat to achieving financial independence? Unfortunately, it’s your own brain. You can invest in all the right things, minimize fees and taxes, and even diversify your holdings. But if you … Read more