Investment Watch Blog

h/t @TeddyVallee "We think there is a thick irony that, in our over-leveraged economy, economic growth is harming economic growth." From our piece Deficits Do Matter coming out tomorrow. — Michael Lebowitz, CFA (@michaellebowitz) February 20, 2018 Very Interesting! Bank Credit of All Commerical Banks rolled over w/ Stock Market pic.twitter.com/ZQg64WM18v — Alastair (@StockBoardAsset) February 19, … Read more

$SPX Why can't BTFD Work? pic.twitter.com/JiyW1pBe9f — Alastair (@StockBoardAsset) February 20, 2018 The gap between S&P 500 Operating EPS and As Reported EPS in Q4 was the highest since 2008, >43% difference. $SPX pic.twitter.com/GrwGQfgjSh — Charlie Bilello (@charliebilello) February 20, 2018 S&P 500 Nominal EPS US Treasury Yields, highest since…3-Month: 20086-Month: 20081-Year: 20082-Year: 20083-Year: 20085-Year: … Read more

Here Is Goldman’s Chart Showing Why The US Is Headed For “Banana Republic” Status. Earlier today we discussed a report by Goldman Sachs which, when summarized, suggested that unless something significant changes in the coming years, the current US fiscal policy will lead to a debt catastrophe. In an unprecedented warning, the bank which spawned … Read more

How Twitter Lost the Internet War. Del Harvey, Twitter’s resident troll hunter, has a fitting, if unusual, backstory for somebody in charge of policing one of the Internet’s most ungovernable platforms. As a teenager, she spent a summer as a lifeguard at a state mental institution; at 21, she began volunteering for Perverted Justice, a … Read more

https://www.youtube.com/watch?v=L0v_7QMkBOw Cristina Laila for the Gateway Pundit reports, On Sunday’s “Face the Nation,” Hillary Clinton’s former campaign chairman John Podesta was rattled after CBS host Nancy Cordes asked him how the Russians knew to focus on Michigan and Wisconsin and Hillary didn’t. Read More/Source/Credit/FairUse: http://thegatewaypundit.com/2018/02/j…

by JEFF DESJARDINS, VISUALCAPITALIST Across the United States, there’s a seemingly unstoppable movement gaining ground. The legalization of cannabis for adult use – first passed in the states of Washington and Colorado in 2012 – is now approved in a total of nine states and the District of Columbia. By the end of the year, that total … Read more

by Lance Roberts In our portfolio management practice, we focus on weekly and monthly data to smooth out daily volatility. Since we are longer-term investors, our focus remains on being invested during rising (bullish) trends and more heavily weighted to fixed income and cash during declining (bearish) trends. Therefore, the only data that really matters to us is where … Read more

by DCG  Sex assault suspect Sergio Martinez, February 2008 (Photo: Multnomah County Sheriff’s Office) From KGW8 News: (PORTLAND, Ore.) A man with a long criminal history, deported 20 times, was sentenced Friday to 35 years in prison after breaking into a woman’s home last summer. Sergio Jose Martinez, 31, thensexually assaulted the 65-year-old woman and stole her car. He … Read more

by James Howard Kunstler via Kunstler.com Remember that one from 1996? Funny, that was the American mainstream media bragging, after the fact, about our own meddling in another nation’s election. WASHINGTON — A team of American political strategists who helped [California] Gov. Pete Wilson with his abortive presidential bid earlier this year said this week that they served … Read more

by Simon Black By the end of the 3rd century AD, the finances of ancient Rome were in terminal crisis. Years and years of debasing the currency had resulted in severe hyperinflation– a period of Roman history known as the Crisis of the Third Century (from AD 235 through AD 284). During the time of Julius … Read more

Authored by Jim Quinn via The Burning Platform blog, The chart below says there has been 55.6% inflation over the last 20 years. That is just less than a 2.4% annual level of inflation. What a load of bullshit. Let’s look at a couple of categories listed below and do a smell test. Everyone knows the … Read more

Will the city of Stockton be the official test pilot before the Federal Government looks to make it a national entitlement? Share your thoughts below… Stockton, California, is set to experiment with a universal basic income plan in which select individuals will be given $500 a month, no strings attached.

https://www.youtube.com/watch?v=PN4J0V3TBFU It’s not just airports, they’re on everywhere. Even on at our military bases, hospitals, anywhere that has a tv. I always ask if I can change the channel and usually the response is no.? CM

by sundance CTH has intentionally stayed away from discussion of the Parkland school shooting as we watched and reviewed the response.  However, it’s time to call the Broward School Board officials to task and simultaneously prepare the class-action lawyers to cripple the system. Broward County schools intentionally created polices from 2010 through 2016 that culminated in the 2018 … Read more

According to Donald Trump and his partisans, Democrats—Barack Obama, Hillary Clinton, Democrats in Congress, the liberal media—are the Deep State. They also selectively include some Republicans, those who don’t support Trump. This characterization serves to hide the real Deep State—the bankers, transnational corporatists, their foundations, the Council on Foreign Relations, the Trilateral Commission, the intelligence … Read more

by TFittonJW JW doing the heavy lifting. The Comey files could be interesting… Go straight to discussion here: Here’s the press release…https://www.judicialwatch.org/press-room/press-releases/fbi-will-review-16750-pages-comey-documents-response-judicial-watch-foia/

by GoldCore Bank Bail-In Risk In Europe Seen In 5 Charts – Nearly €1 trillion in non-performing loans poses risks to European banks’ – Greece has highest non-performing loans as a share of total credit – Italy has the biggest pile of bad debt in absolute terms – Bad debt in Italy is still “a major problem” … Read more

https://www.youtube.com/watch?v=ZFboMv_YMi0 Inequality doesn’t matter so long as people on the lower rungs still feel they’re progressing within their own ambit. The real problem is that in our debt-ridden society, everyone short of the top fraction of the 1% feels like they’re on a hamster wheel, barely keeping up. Levelling is not necessary, equality is not … Read more