via upfina: The decline in the University of Michigan consumer sentiment index because of political uncertainty caused by the government shutdown and trade war as well as the stock market volatility means it’s no surprise the buying conditions for houses and …
What an insanely confusing time for investors – central banks are carrying out unprecedented interventions, governments have crushed any semblance of free markets, and entire countries have become “zombified” as a result. We have bubbles in stocks, real estate and …
via WSJ: Vanguard Group will no longer allow individual investors to make new trades on certain investments that seek to magnify bets, pouring cold water on strategies that became popular after the last financial crisis. Starting January 22, customers won’t …
by Shaun Richards Let us begin the week with some good news for the central bank from the land of the rising sun or Nihon. That is that the Nikkei 225 equity index rallied strongly this morning and its 2.44% …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. To the white-knuckle end, 2018 has been a terrible roller coaster ride for Spanish supermarket chain Dia, once one of Europe’s biggest grocery chains. The firm’s shares, …
The chairman of a leading Chinese state bank on Sunday warned Chinese investors not to buy property now because “there’s no money to be made” due to high prices and alarming vacancy rates. Tian Guoli, the chairman of China Construction …
by chozanwan SQQQ tracks the inverse of the NASDAQ-100, not the S&P 500. But I’ll answer the question as if you’re comparing SQQQ vs shorting QQQ (the ETF that tracks the NASDAQ). SQQQ being triple leveraged means a 1% drop in …
While Goldman has insisted that just two employees are responsible for the burgeoning 1MDB scandal, insiders said the deals were approved by committees staffed by top executives, including CFO Stephen Scherr. Goldman committees approved the doomed bond deals on the …
via moneymetals: This week, a white metal reached a rare feat. Palladium has traded at a higher cost per ounce than gold. Last month, the palladium market pushed through all remaining technical barriers by posting a new all-time high. A chronic supply deficit …
by Graham Summers via Gains, Pains & Capital The all-important US-China meeting occurred at G20 and accomplished pretty much nothing. There was no real progress, nor was there a deal. All that happened was that China and the US agreed to continue trade negotiations for another …
by Dana Lyons Despite a more than 2% jump in the S&P 500, short-term volatility expectations unprecedentedly closed higher on the day. Yesterday saw traders (more likely, computers) push stocks sharply higher on the heels of an apparently more dovish Fed. …
Been watching CNBC for good or bad. They kept re-iterating that buying the dip is no longer working like it did in 2000. AC
by jessefelder Warren Buffett is famous for many things one of which is his general dislike for precious metals as an investment. But maybe you’re old enough to remember when, just over 20 years ago, he backed up the truck …
At least 13 countries have expressed interest in buying a Russian missile system instead of platforms made by American companies, despite the potential for triggering U.S. sanctions, according to people with first-hand knowledge of a U.S. intelligence assessment. One of …
via marketwatch: Debt-fueled corporate buybacks will be crucial to sustained stock-market rebound: Canaccord Genuity Stocks may have ripped higher Wednesday in a bout of post-midterm relief, but the “smart money” doesn’t appear to be buying into the November bounce, noted one …
Housing sentiment falls to lowest in a year, as more say now is not a good time to buy: Fannie Mae Consumer attitudes toward both buying and selling homes dropped, with the former falling the most of all the six …
From CNBC: Central banks around the world have upped their spending on gold to the highest level in almost three years, according to the World Gold Council (WGC). More than 148 metric tons of gold were bought by the national banks in the three months …
FORMER FBI AGENT CHRIS SWECKER ON FALSE FLAG: Says Democrats might be to blame for a series of mail bombs targeting former and current Democratic officials. AC
by Jim Quinn The national debt went up by $1.2 TRILLION in the last fiscal year. Tax revenue plummeted, while spending skyrocketed. Interest on the debt soared to an all-time high. Promise more tax cuts with no plan to pay …
by Jim Quinn Once the unwind gets going, the computer generated selling and margin call selling will be epic. Never mind. That’s just being negative. The market will never fall. Us doomsayers are always wrong. See 2000 and 2008 for …
From Birch Gold Group This week, Your News to Know brings you the latest stories involving precious metals and the overall economy. Stories include: Central bank gold buying is at highest since 2012, U.S. Mint reports most gold and silver coins sold since …
WASHINGTON (Reuters) – The Trump administration imposed sanctions on the Chinese military on Thursday for buying fighter jets and missile systems from Russia, in breach of a sweeping U.S. sanctions law punishing Moscow for meddling in the 2016 U.S. election. …
From Birch Gold Group This week, Your News to Know rounds up the latest stories involving precious metals and the overall economy. Stories include: Central banks go on gold-buying spree over dollar worries, China will play a major role in the global silver …
by Ozurip Your house is the largest single investment most people will make in their lifetime. And yet, the vast majority of people have absolutely no idea how this whole thing works. If you were paying attention, you probably know …
via @ByRosenberg: % of income spent on rent (vs historical average) LA 47% (36%) Miami 42% (29%) San Francisco 39% (31%) NY 38% (26%) Boston 33% (26%) Denver 32% (24%) Seattle 31% (24%) Portland 30% (24%) US avg 28.4% (25.8%) https://www.zillow.com/research/q2-2018-affordability-21286/
by Niners13-3In18 I see a lot of people talking about the “hidden” expenses of buying a home. While many things in life are uncertain, you can still plan for the most common scenarios. I’ll be listing big ticket items below …
by Kimble Charting Will these chart patterns lead the bulls into a buying stampede or will Fibonacci extension levels become 800-pound resistance zones that will frustrate stock bulls? In my 38-years I haven’t seen so many stock market indices testing Fibonacci …
via businessinsider: Robinhood is suspending new purchases of Helios & Matheson, the parent company of MoviePass, after the stock’s drastic 99.99% crash. “In order to protect our customers from the risks associated with some low-priced stocks, we remove the buy option for …
