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Dumber than a bag of hammers… The conventional wisdom that utility stocks are defensive. Truth is…they get crushed in bear markets. Problems today: -Persistent negative free cash flow-Excessive indebtedness-Lack of … Read more
100% Fed Up reports, House Freedom Caucus member Rep. Andy Biggs (R-AZ), who initiated the effort to condemn and censure Chairman Schiff, announced on Twitter that there were 173 members … Read more
by Chris Vermeulen of The Technical Traders Our research team has been all over this longer-term Pennant/Flag setup and the potential for the breakdown in the US/Global markets. The US manufacturing data released … Read more
The majority of that reported 39,000 firearm deaths are from suicide. Banning every single firearm in the USA likely wouldn’t put anything more than a small dent in the number … Read more
via chicagotribune: They had invested so much in their fantasy that President Donald Trump was a treasonous agent of Russian boss Vladimir Putin. But when special counsel Robert Mueller’s report … Read more
by Jeff Clark, Senior Analyst, GoldSilver Many readers liked the tables we presented of possible gold/S&P 500 ratios and what that would mean to prices of each asset. If you … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Chicago struggles, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte reach new highs. Drum-roll for Detroit and Cleveland! This is the other side: Not every metro in the US … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter My fancy-schmancy FANGMAN index dropped 4.3% today, the most since December 24. It’s a rare moment in recent years that US government regulators are suddenly going … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Chicago, Dallas-Fort Worth, Atlanta, Minneapolis, Charlotte, Detroit, Cleveland. In the 20 US housing markets covered by the CoreLogic Case-Shiller Home Price Index, there are some that … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Bloodletting after record IPO Hype in 2018 of Chinese companies in the US. There are about 300 Chinese companies that are traded in the US, either … Read more
by independenttrader Over the recent days, financial markets again has been dominated by the ongoing trade war between U.S. and China. However, prolonged negotiations are just one of many unsolved problems … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter House prices set post-collapse record in Miami, flatten out in Las Vegas, Phoenix & once red-hot Charlotte, linger below Oct 2018 levels in Washington, DC & … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter House prices in Miami eke out post-collapse record but fizzle in Las Vegas, Phoenix, Washington, DC; fall in Chicago. Cincinnati & Detroit tick down further. There is a … Read more
BRITAIN was tonight plunged into chaos once again as MPs voted to kill off Theresa May’s Brexit deal by 391 votes to 242. Now 993 days after the referendum, and … Read more
I think it is way past time for people to drop the bickering and pay attention to what is happening to the very concept of freedom of speech on the … Read more