The Student Debt Crisis Is Hitting These Ten States The Hardest

by stockboardasset The student debt crisis in America continues to expand. According to the latest figures from the New York Federal Reserve, the total Student Loans Owned and Securitized, Outstanding (SLOAS) grew to over $1.52 trillion in July. Although the debt crisis affects millions of Americans, the debt is not spread evenly across the country, as … Read more

Investors Intelligence Bull-Bear Spread – We Are Seeing An Intermediate Term (i.e. Over A Few Weeks) Top For Prices, The Outcome Of Which Should Be A Meaningful Decline For Stock Prices.

by Tom McClellan We saw a really high degree of bullishness back in January 2018, when the U.S. stock market was making a big blowoff top.  Since then, the major averages have struggled to move higher, and so has bullish sentiment.  But in July 2018, we saw the Investors Intelligence Bull-Bear Spread move up again … Read more

“Downward Correction In Hamptons Real Estate Market” As Caution Spreads To New York Elites

by stockboardasset Last Friday’s report on US economic growth drove President Donald Trump to Twitter for yet, another victory lap after it showed gross domestic product grew at a 4.1 percent annual rate — the quickest in nearly four years. However, the figures had an unpleasant detail deep within that Trump did not want to share: … Read more

Trump Supporters Bail From Facebook, Twitter – Seeking Integrity & Truth!

by Thinker WASHINGTON. Continuing our previous discussion of corporate virtue-signaling and anti-First Amendment censorship, here’s a verifiable fact. Substantial numbers of Trump supporters, bedrock conservatives and variously-flavored Republicans are bailing on both Facebook (symbol: FB) and Twitter (TWTR). That is, if they haven’t already been shadow-banned or terminated. That’s hardly likely to help both companies’ … Read more

US, China, Japan All Post New Yearly PMI Lows… As the Bottom Falls Out From Global Trade, Earnings Will Surely Follow

Synchronized Global Slowdown: US, China, Japan All Post New Yearly PMI Lows The Purchasing Managers’ Index is a keen insight into what is taking place in the analytical minds of economic decision-makers as they examine the health of their businesses and plan for the future. The message from this data set? “Present isn’t great, future … Read more

Dear Turkey, Argentina, etc… Printing Currency Backed By Nothing Is Not “Creating Reserves”.

Dear Turkey, Argentina, etc… Printing Currency Backed By Nothing Is Not "Creating Reserves". Printing Currency To Pay Bloated Public Spending Destroys Currency Purchasing Power, Savers and Existing Deposits. Kills Confidence In The Currency As A Reserve of Value pic.twitter.com/t7ldFlXRpv — Daniel Lacalle (@dlacalle_IA) August 2, 2018 Argentina 🇦🇷 “Printing money for the people”“Inclusive monetary policy”Average … Read more

Everyone keeps blaming the inexistent trade wars for widespread market corrections instead of the obvious…

h/t @dlacalle_IA Everyone keeps blaming the inexistent trade wars for widespread market corrections instead of the obvious: Monetary stimulus saturation, excessive valuations and Fed balance sheet reduction. $14bn this month Number of countries suffering a drastic reversal in fund flows rises to 12 in 2018. A self-inflicted weakness after years of increasing imbalances believing in an … Read more

TSLA lose loads of money per car but they’ll make it up on volume? Stock +9%… because the CEO says sorry, LOL

https://twitter.com/jtepper2/status/1024793566206418944 $TSLA CDS unphased h/t @WintonCapPtnrs pic.twitter.com/B7c7OrmuoO — Alastair (@StockBoardAsset) August 2, 2018 Tesla $TSLA loses more than half a billion, burns loads of cash, and has a 4% incremental on sales Stock +9%… because the CEO says sorry, lol #fantastic @HedgeyeIndstrls — Keith McCullough (@KeithMcCullough) August 1, 2018 Remember when $TSLA was expected to … Read more

For Stock Investors, Nowhere to Run to Escape All-Time Insane Valuations

by jessefelder With the FANG stocks faltering lately investors are starting to become concerned about their impact on the broader market. And there is certainly something to this. Statistically speaking, these market generals have become increasingly important to the broad market indexes recently so it only stands to reason that an important reversal here could make for a … Read more

Anyone remember the last time USDCNH erupted & stock market tanked?

anyone remember the last time #USDCNH erupted & stock market tanked? pic.twitter.com/5msUdSkn58 — Alastair (@StockBoardAsset) August 2, 2018 CHINA PANIC: "Chinese stocks are extending losses.#Shanghai Composite -2.5% #Shenzhen Component -3.1% to the lowest since Nov'14.#Chinext -2.5% to NEW LOW in 3 yrs & a half.Property developers & defense industry companies led the losses," h/t @YuanTalks … Read more

Delinquency Rates Are Going Vertical And Have Surpassed The 2008 Financial Crisis, Auto Sales And Housing Demand In Freefall, And The Fed Will Hike The Rate Again In September?!

https://twitter.com/OccupyWisdom/status/1024871289415188481 Chart: US auto sales continue to slow – pic.twitter.com/TRT0RwVFIl — (((The Daily Shot))) (@SoberLook) August 2, 2018 Housing demand sees biggest drop in more than 2 years Housing demand fell 9.6 percent in June, compared with June 2017, according to a monthly index from Redfin. That is the largest decline since April 2016. The … Read more