In current market conditions it is actually a benefit rather than a drawback for sp500 leveraged ETFs
Guest post by joeyaa for example. The other big cost, which historically is extremely high, is the implied interest rate it takes to leverage. I’ll talk about slippage cost first though. The slippage cost is magnified or actually inverted depending on what the market volatility is. The prospectus for these funds have a chart showing the … Read more
Disgruntled Amazon customers are complaining that their packages keep arriving late, and it could be an ominous sign for Prime
via businessinsider: Some Amazon Prime customers are fuming, claiming the company has repeatedly delayed their shipments and backtracked on the two-day-shipping guarantee that comes with membership. But the data shows that Amazon has actually sped up the process of getting packages to customers. It’s likely Amazon’s delivery times are getting better, on average, but the sheer volume of customers … Read more
2019 is precisely 90 years from start of Great Depression. Not a prediction, just an interesting and slightly unnerving fact. Add in wealth gap, record asset prices, record debt etc etc etc. Lot of similarities
2019 is precisely 90 years from start of Great Depression. Not a prediction, just an interesting and slightly unnerving fact. Add in wealth gap, record asset prices, record debt etc etc etc. Lot of similarities https://t.co/LOZlb0EthF — Zach Abraham (@KYRRadio) May 9, 2018 https://twitter.com/OccupyWisdom/status/994214647585820673 https://twitter.com/OccupyWisdom/status/994000228129951746 https://twitter.com/OccupyWisdom/status/994151821097754624 Student debt just hit $1.5 trillion MarketWatch–22 hours ago Outstanding student debt reached $1.521 trillion in … Read more
Japan has a 2.5% unemployment rate and a higher labor participation rate than America so its labor market is tight. However, economists are only expecting 1% wage growth in Japan in 2018. Will America become Japanified?
via upfina: The April jobs report in the US wasn’t great as there were misses across the board. The total jobs created was 164,000 which missed estimates of 191,000. The participation rate missed estimates for 62.9%, coming in at 62.8%. Furthermore, the year over year hourly earnings growth was 2.6% which missed estimates for 2.7% … Read more
Long term, leveraged ETFs would have been amazing for buy and hold historically
Guest post by incogthrowawayofthed Whenever I see someone bring up leveraged ETFs, the first responses I see are people saying you can’t hold them long term due to “beta/leverage decay.” Beta decay is really just another name for compounding. Beta decay is when a stock goes up 1% then goes down 1%, it’s lower than … Read more
Looks like this Hawaii volcano is about to go from bad to worse
USGS is saying the lava level in the volcano is dropping FAST and will meet with the ground water causing major steam explosions. From what they are saying, the magma will flash boil the groundwater and the increasing gas pressure will cause huge explosions. Kinda like this… h/t VigilantTexan
STDs on the rise across the country, skyrocketing in LA County
by DCG Los Angeles County health officials are blaming homophobia, stigma, racism, and threats of violence. I blame the person who is having unprotected sex with multiple partners. From Fox LA: LOS ANGELES (CNS) – Sexually transmitted diseases are on the rise across the nation, but the problem is particularly acute in Los Angeles County, it was reported Monday. Not only … Read more
Congressman Reveals Robert Mueller and Rod Rosenstein COVERED UP Hillary Uranium One Investigation!
Congressman Reveals Robert Mueller and Rod Rosenstein COVERED UP Hillary Uranium One Investigation! Original Air Date: 3/19/18 Louie Gohmert Member of the U.S. House of Representatives from Texas’s 1st district Gohmert served in the United States Army Judge Advocate General’s Corps, at Fort Benning, Georgia, from 1978-82. The majority of his legal service in … Read more
The Big Chill
by Martin Armstrong They are calling it the “Big Chill” because we have just had two years of really Global Cooling. The NASA data has shown that the last two years have been the most dramatic two-year cooling event of the last century. Ever since the ECN turned down 2015.75, we have had colder weather and rising … Read more
The Wild West of Crypto Hacks in One Graph
by howmuch Pundits and commentators have long worried about the security of decentralized cryptocurrencies. In fact, detractors often complain that investing in cryptocurrencies carries far too much downside for the average investor—even if the price goes up, you can still lose it all to hackers. We wanted to take a step back and analyze the … Read more
Dr. Marc Faber: The Fed Will Reverse QT in Less than 12 Months
via WallStForMainSt Jason Burack of Wall St for Main St interviewed returning guest, Editor & Publisher of the Gloom, Boom & Doom Report, Dr. Marc Faber https://www.gloomboomdoom.com/ In this wide-ranging interview, Jason asks Marc about asset price volatility, whether the stock market is topping, central bank balance sheets and whether they can be meaningfully reduced, the credit … Read more
Trump Kills Iran Deal – Who Wins? Who Loses? (Analysis from the Ron Paul Report)
Yesterday President Trump announced that he was pulling the US out of the Iran nuclear agreement. Washington’s European partners failed to follow suit, opting to remain in the deal. For now. Will Trump’s team be able to take the world back to pre-2015, when all were agreed on sanctioning Iran? Or has Trump backed the … Read more
Cryptocurrency Revolution Has Spread To Wall Street
by William Stickevers While Warren Buffett touts that he likened Bitcoin to “rat poison ” this week, the owner of the New York Stock Exchange (NYSE) is planning on letting customers buy and hold Bitcoin, The New York Times reported late Monday, May 7. This news comes just days after the publication quoted a Goldman Sachs executive, … Read more
Hillary Clinton Promises To Bomb Iran as President
And the libtards WANTED HER IN THE WHITE HOUSE! https://youtu.be/yWAFvIT-NHs She wants to use nukes as well…she says so in this video https://youtu.be/wUOTTp2uwWI This is who the LIBTARDS WANTED IN THE WHITE. Do you understand what the elite democrats and radical leftists really want now? https://www.reuters.com/article/us-usa-politics-iran-idUSN2224332720080422 h/t SNAPDRAGON
President Trump signed a spending bill that finally defunds nearly all of the (VA) cruel and wasteful canine experiments
Last month marked a huge victory for man’s best friend and dog-loving Americans as President Trump signed a spending bill that finally defunds nearly all of the Department of Veterans Affairs’ (VA) cruel and wasteful canine experiments. Amid pressure from myself, Congress, veterans groups and countless taxpayers, the new law enacted by POTUS dramatically restricts the use of … Read more
EU chief Jean-Claude Juncker says Europe must ‘replace the US’ as world superpower
EU chief Jean-Claude Juncker has attacked the US for turning its back on its allies and says Europe must take America’s place as global leader after Donald Trump’s decision to pull out of the Iran nuclear deal. The EU Commission President said America ‘no longer wants to cooperate’ with other parts of the world and … Read more
UK Proposes Six Year Prison Sentences for Online Posts Against Religion, Transgender
People promoting “hostility” towards a religion or the transgendered online could get much harsher sentences, of up to six years in jail, especial if they have a large online audience according to new proposals. The Sentencing Council for England and Wales has drafted changes to public order offences, including anyone perceived as targeting online a … Read more
Extremely Rare Southeast Pacific Subtropical Cyclone Forms Off the Chilean Coast. May Be The First One Ever.
No subtropical or tropical cyclones have been recognized in that part of the world Story Highlights A rare subtropical cyclone appears to have developed off the coast of Chile. No subtropical or tropical cyclones have been recognized in that part of the world. Cold water typically inhibits tropical development near South America. An exceptionally … Read more
Obama is fading away.
Im so used to politicians not doing a thing I actually believed it was impossible. Turned out, they all simply didnt want to… h/t bisjac