Where do you think the stock market will be at in the next 3-6 months? There is so much cash floating around, thanks to central banks. The market is obviously seeing the benefits of this. As the dollars decline in real value, the stock market increases nominally. The second most important reason why the stock … Read more
via Sam Meredith The price of crude has risen over the past two years, from $26 in 2016 to $77 on Monday, as the balance between supply and demand has been steadily tightening. Alongside a broader escalation in regional conflict, Citi economists argued that a sustained increase in oil prices and weaker-than-anticipated global economic growth data … Read more
Gluskin Sheff’s David Rosenberg bases his prediction on sluggish U.S. economic growth and overvalued equities via Olivier Garret A reversion to the mean in U.S. stock prices could mean the market will fall by at least 20%, according to David Rosenberg of Gluskin Sheff and Associates, who gave his prediction at the Strategic Investment Conference 2018 … Read more
Trump has appointed the billionaire owner of military contractor DynCorp, Stephen Feinberg, to head the President's Intelligence Advisory Board. 817 WikiLeaks documents referencing #DynCorp: https://t.co/bxgOA81TZz — WikiLeaks (@wikileaks) May 12, 2018 Cynthia McKinney, George Webb, and others have covered DynCorp quite a bit. If you’re unfamiliar, watch thisfirst because it’s not just some no-name person asking … Read more
by FS Tian Yang, Variant Perception’s Head of Research, recently covered their must-read Understanding Leading Economic Indicators report with FS Insider. Yang explains the three major categories that most economic data fall into, how leading economic indicators (LEIs) help identify high risk/reward trades, why most economic data in the news is lagging and not helpful for investors and, … Read more
The American recycling system is on the verge of breaking down, and it could mean higher costs for homeowners Recycling is going to get a lot more expensive for homeowners. Recycling companies used to make money shipping goods to China, but China has halted imports over contamination concerns. Now municipalities are forced to charge homeowners … Read more
Banks are now turning towards blockchain technology. HSBC completes its first trade-finance using blockchain. NYSE plans to settle bitcoin futures using physical bitcoins instead of fiat currency. St. Louis Fed says cryptocurrency is not currency, it is backed by nothing, and whats the dollar backed by. The elite are now hoarding bitcoin in underground vaults, … Read more
If anything Kerry’s badgering is likely to make Iran come to the table just to get him to shut his mouth up: http://archive.is/ItGee
But the liberals won’t see the error of their ways no matter what outlets warn them it’s a strategic blunder to talk down to 90% of the population: http://archive.is/EKe3r
Guest post by howimademoney So first off a few things I have got to admit too…part of me got lucky. However I still learned some valuable lessons and thought I would share. I also live in an very affordable part of the country (i.e I’m not in New York City, but Georgia) I grew up in … Read more
by AlexPitti It’s not news that the Italian government is undergoing challenges,. The economy has been a laggard in the Eurozone ever since the creation of the partial economic union because difficult reforms haven’t been made. The latest event in this saga is the country doesn’t have a government formed. This is the longest period … Read more
by KMoney911 Don’t make the same mistake I did. Last year I started new service for Spectrum cable, electing to install the equipment myself. They accidentally sent me two boxes of equipment. No big deal I thought and called in to ask what to do with the extra equipment. The representative said I could either … Read more
North Korea will invite the press in to witness the dismantling of their nuclear program. China is about to step in to take the place of a French oil company in Iran. China is building a train that will connect Iran with China and run into Europe. UN Chief Nuclear inspector of the IAEA quits … Read more
by db8cn After my wife telling me numerous stories of being ran off the road and close calls, I researched and ultimately purchased two $100 dash cams for both of our vehicles for a total of about $198 on Amazon . They came with a power adapter and a 16GB Micro SD card as a … Read more
by TFittonJW Great lawsuits (in addition to our fine t-shirts!)! Our big Judicial Watch update: Judicial Watch carries on its back the work of oversight of Mueller operation: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-emails-show-fbi-advised-comey-consult-muellers-office-prior-june-2017-testimony/ https://www.judicialwatch.org/press-room/press-releases/justice-department-reveals-may-provide-judicial-watch-previously-redacted-portions-rosenstein-scope-authority-mueller-memo/ Nice victory for patriotic veteran Robert Rosebrock: https://www.judicialwatch.org/press-room/press-releases/judicial-watch-scores-new-victory-76-year-old-veteran-criminally-prosecuted-allegedly-taking-photos-american-flags-veterans-affairs-facility/
by Armstrong Economics QUESTION: why national debts eventually default Martin to answer this question you said: we need to introduce currency. France and Germany were less impacted by converting to the Euro than Greece, Italy, Spain, and Portugal. Why? Currency Inflation! My question is if it is not the quantity of money that is making $1 … Read more
https://twitter.com/TihoBrkan/status/995225958230712322 (2/3) The day of reckoning could be coming for China. Plethora of debt starts maturing this year, followed by 2019 & 2020. (3/3) Chinese stock market doesn’t seem worried for now. Same can be said about the overall #EmergingMarkets index. Both are breaking out on the upside after a decade (or longer) of stagnation. … Read more
https://twitter.com/globalprotrader/status/994969292880924673?s=11 I’d say it’s a problem NOW and when we get a stock market crash and recession later this year, Fed Tax Receipts will dry up and those deficits turn from $1tln to 2 to 3… there’s a breaking point in confidence imho. Trapped in a Debt Spiral, Americans Unprepared for Perhaps Sudden End We … Read more
via Daily Reckoning: The official US government-released unemployment rate is meaningless. The LFPR measures the employment rate of adults in their prime working years, 25-54. LFPR has fallen 4.4% since 2000. But if you don’t show up as having actively sought employment for a four-week period, poof, you’re magically not ‘unemployed’ anymore. Think about that. … Read more
https://twitter.com/movement_cap/status/996038696049807360?s=11 Amazing how many things are linked to the #LIBOR rate! #GC_F $GLD