By Harry Dent I sent you a video on Friday talking about how markets were finally showing clearer direction. The dollar has had the clearest break up after trading for months between 88 and 91. That’s put a damper on gold, which may have topped out at $1,375. It’s close to breaking an important support level around $1,270, … Read more
by Simon Black We just finished a really -sensational- conference here in San Juan over the weekend showcasing Puerto Rico… with all of its challenges and opportunities. We’ve talked about this before– Puerto Rico is an attractive place to live and do business thanks to some forward thinking tax incentives which stem from its unique status … Read more
https://twitter.com/HayekAndKeynes/status/998602512772059136 https://twitter.com/OccupyWisdom/status/998595084408053761 https://twitter.com/OccupyWisdom/status/998353994308349952
by badpauly This is a list of the top 20 companies that experienced the largest change in insider shares in the last seven (7) days. The SEC defines an insider as any officer, director or 10% shareholder. It is not illegal for these people to buy or sell their own shares. In fact, since most … Read more
by John_Crichton Source SEC Filing here VALLEY FORGE, Pa., May 21, 2018 /PRNewswire/ — Vanguard today filed a preliminary registration statement with the Securities and Exchange Commission for Vanguard Total World Bond ETF. The ETF will be the industry’s first U.S.-domiciled index product offering investors access to the entire global investment-grade bond universe in a … Read more
by VegetableMacaroon I got a call from a Washington, D.C. number yesterday with an automated message telling me it was the “Criminal Investigation Division” of the IRS, and to call them back immediately. I did. Got on the phone with an Indian sounding man who told me his name was Matt Smith, or some generic … Read more
via Business Insider: As the wealth gap in the US continues to increase, millennials are getting left in the dust. As the Everything Bubble has formed, inflating the prices of both housing and education, the youngest adult generation of Americans find themselves operating with very little room for error, often saddled with massive student loan … Read more
Wall St. For Main St., Released on 5/20/18 Jason Burack of Wall St for Main St interviewed returning guest, former successful software entrepreneur, hedge fund manager and host of the popular Macro Voices https://www.macrovoices.com/ podcast for financial professionals & sophisticated investors, Erik Townsend. During this hour+ long interview, Jason asks Erik about important topics including: 1) An … Read more
by Doug Kass A combination of so-called “demand pull” and “cost-push inflation” is sending up feedstock costs and interest expenses to levels that I believe will soon lead to a marked contraction in U.S. corporate profit margins. In fact, we already saw this phenomenon in first-quarter earnings reports across a host of industries, from consumer-packaged … Read more
by Jesse The data seems to indicate that a sharp decline in Real Median Personal Income to a negative growth year over year seems to precede an economic recession. As for the causes of this correlation, one might well wonder. But given that the US economy tends to be consumption driven, a sharp decline in real median … Read more
From Kitco News: “Stocks will respond to good news, and that’s interesting, because 12 months ago stocks weren’t even responding to good news, so I think we’re beginning to see that turn,” Adrian Day said.
Via Bustle It all became real the summer before my senior year of college. It was 2010, and my home phone still had a cord, which I wrapped around my fingers as I waited not-so-patiently for the apathetic representative on the other end to tell me the bad news about my student loan debt. My father was … Read more
via ifre: Thirteen months ago, on the day Deutsche Bank launched an €8bn rights issue to fill yet another hole in its balance sheet – its fifth capital raise since the global financial crisis – the German bank promised investors a new era of transparency. In keeping with that new openness, then chief executive John … Read more
by Frank Holmes, CEO, U.S. Global Investors Last week I had the pleasure to attend Consensus 2018 in New York, the premiere gathering for the who’s who in blockchain, bitcoin and cryptocurrencies. Attendance doubled from last year to an estimated 8,500 people, all of them packed in a Hilton built for only 3,000. Ticket sales … Read more
by Lance Roberts Over the weekend, I was digging through some old posts and ran across a speech given by Dr. Woody Brock in 2012. Dr. Brock, is an economist who holds 5-degrees in Math and Economics. He is also the author of “American Gridlock” which is must read for anyone investing money in the markets. The speech … Read more
by John Ward The liberty of 94% of the UK population is being suppressed for the sake of US foreign policy, insane religious belief, the control freakery of the Intelligence Community, politically correct fantasies, and braindead security processes. Nowhere is this more obvious than in the chaos that typifies British airports in 2018. We need … Read more
via The Phoenix Let me let you in on a little secret… Central Bankers don’t actually WANT inflation. The Fed’s “inflation target of 2%” is a giant ruse. The Fed has no clue how to create or control inflation. They even admitted this in the minutes of the July 2017 FOMC meeting. So if the Fed … Read more
President Trump announced on Sunday that he would order the Department of Justice to investigate whether the FBI “infiltrated or surveilled” his campaign under orders from the Obama administration. https://www.youtube.com/watch?v=yrIqRZDOctU
via Zero Hedge Tired (or maybe bored) of worrying about rising interest rates, a rising dollar and higher oil prices? Then fear not, because according to Bloomberg macro strategist and former Lehman trader, Mark Cudmore, you can now start worrying about a new, or rather well-forgotten, potential risk flashpoint, namely Italy which, as he writes in his … Read more
Bill Gates, Mark Zuckerberg, and Jeff Bezos have done little that wouldn’t have happened anyway. ALL modern US technology started with — and to a great extent continues with — our tax dollars and our research institutes and our subsidies to corporations. via Common Dreams.: Last year it was 8 men, then it was down to 6 and now it’s … Read more