Investment Watch Blog

by jessefelder It was almost a year ago I wrote “What Were You Thinking?” referring to a quote from an interview with Sun Microsystems CEO, Scott McNeely, that he gave a year or two after the peak of the DotCom mania: At 10 times revenues, to give you a 10-year payback, I have to pay … Read more

by Michael Snyder In late 2018, the bad economic news just keeps rolling in.  At a time when consumer confidence is absolutely soaring, the underlying economic numbers are clearly telling us that enormous problems are right around the corner.  Of course this is usually what happens just before a major economic downturn.  Most people in … Read more

Google and other social media platforms decided to allow cryptocurrency ads back on their sites. So the central bank is now ok with cryptocurrency because they believe they turned enough people away from it. Pending homes sales declined. Final 2nd quarter numbers are in and the gdp number was released and it is the strongest … Read more

Kavanaugh accusers are lining up and accusing the Judge. Most of the complaints are being debunked. Both Ford and Kavanuagh testify in front of congress. There are many inconsistencies in Fords testimony, she doesn’t remember dates, who paid for the lie detector test, here fear of flying has been debunked. Kavanaugh produces a calendar showing … Read more

by Michael Snyder Is it just a coincidence that the “Arch of Baal” has been erected in Washington D.C. on the exact same week that Brett Kavanaugh and Christine Blasey Ford are testifying before Congress?  The future of the U.S. Supreme Court is literally hanging in the balance, and many believe that it is quite … Read more

Tesla CEO Elon Musk have been sued by the Securities and Exchange Commission for fraud, according to court documents filed Thursday. Sources close to the company told CNBC the company was also expecting to be sued, though Tesla was not named as a defendant in the complaint. https://www.cnbc.com/2018/09/27/tesla-falls-4percent-on-report-elon-musk-sued-by-sec.html   h/t Westsail

Beyond prohibition, it’s an ag business with no barriers to entry. By Nick Kelly, Canada, a WOLF STREET commenter. The stocks of cannabis companies have been on a wild ride, with some observers comparing them to the crypto-craze. Canadian based Tilray (TLRY), which went public in July at $17 a share and is trading on the NASDAQ, … Read more

by Chris Black   I will begin this article with a statement: regardless of what the mainstream media tells you, just go watch Christine/Kavanaugh’s performance with your own eyes. I put two videos in the article.To make a long story short, here it comes: this woman is totally crazy. As in nuts. I mean, loony … Read more

From Birch Gold Group On August 31, POTUS signed an Executive Order to review policy for required minimum distributions (RMD) on retirement plans and improve retirement security for retirees. At the surface level this seems like a good idea. After all, anyone should be able to look forward to a secure retirement. And, perhaps we’ll find in the … Read more

via John Murphy TEN-YEAR TREASURY YIELD IS AT A CRUCIAL CHART POINT … Treasury bond yields are going through an important test of overhead resistance. Chart 1 shows the 10-Year Treasury yield ($TNX) challenging its May 2018 intra high near 3.11%. After pulling back from its May high, the TNX entered a sideways trading range that lasted from the … Read more

by WARREN MOSLER Need more tariffs… Highlights Amid the unfolding of tariff effects, exports are moving in the wrong direction and look to be a big negative for third-quarter GDP. The nation’s trade deficit in goods was a whopping $75.8 billion in August with exports down 1.6 percent for a second straight month. Imports are also … Read more