Investment Watch Blog

via @ByRosenberg: % of income spent on rent (vs historical average) LA 47% (36%) Miami 42% (29%) San Francisco 39% (31%) NY 38% (26%) Boston 33% (26%) Denver 32% (24%) Seattle 31% (24%) Portland 30% (24%) US avg 28.4% (25.8%) https://www.zillow.com/research/q2-2018-affordability-21286/

Wolf Richter wolfstreet.com, http://www.amazon.com/author/wolfrichter Orders for Class 8 trucks in August jumped 153% from a year ago to 52,400 trucks, beating by a smidgen the orders in July, which had been the highest number of monthly orders ever recorded. These are the heavy trucks that haul the products of the goods-based economy across the US, … Read more

BY SRSROCCO The U.S. Government’s balance sheet is one step closer to blowing up as its debt, and interest expense hit new record highs.  And when I say “new record highs,” I am not exaggerating.  It’s been a while since I checked the data on the TreasuryDirect.gov website, but when I researched the figures for … Read more

Josh Sigurdson talks with author and economic analyst John Sneisen about the recent warnings by JP Morgan’s top quant (quantitative analyst) Marko Kolanovic who claims we will soon see flash crashes and a great liquidity crisis. Kolanovic claims that this will likely take place after the first half of 2019, but one cannot really say. … Read more

by Dave I’m waiting to see what it says in the next day or so.  If I start to see that rash of “red” sell signals, I’ll bail out.  Otherwise, maybe there’s a 20% move in the near future, the same way there was a few weeks ago at 250.

by TFittonJW Here is Judicial Watch’s recent take:

The Wall Street Journal publishes an obvious question about Amazon employees requiring assistance in a headline, and then they never answer the question.

by Lance Roberts Doug Kass made an interesting observation about the market yesterday: “The month of September started with optimism. That optimism has faded in the last two trading days. The most notable winners (year to date), FANG, have been particularly weak as investors begin to understand (thanks to the Congressional testimony and hearings) that … Read more

by David Robertson Here we are, ten years after the bankruptcy of Lehman Brothers, and one would be hard pressed to find evidence of meaningful lessons learned. “As long as the music is playing, you’ve got to get up and dance,” – Chuck Prince, Citigroup Chuck’s utterance now sounds more like a quaint remembrance than … Read more

by RMFN Are tech giants like google, facebook and twitter doing the bidding of the “corporate media”? Is CNN behind the deplatforming of Alex Jones? Are they colluding to stifle the economic expression of a competitor? I think so. Collilusion of this type is a clear violation of anti trust laws. Are they really that … Read more

by Dana Lyons September of the 2nd year of the Presidential Cycle is historically the weakest month of the 4-year cycle. Since working off its early year correction, the U.S. stock market has been on one of those inexorable runs that we’ve seen on so many occasions in recent years. Such runs have seen the market … Read more

by RMFN Two years ago protect veritas released this video of a high level DNC member discussing how protesters are paid and used to disrupt events. Rigging the Election – Video I: Clinton Campaign and DNC Incite Violence at Trump Rallies Remember this? I do.