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via Zerohedge: A synchronized global slowdown, with no end in sight, has spooked some of the wealthiest investors around the world, according to a new survey from UBS Wealth Management, … Read more
Not just exports and manufacturing – but services stall. By Nick Corbishley, for WOLF STREET: In the third quarter of 2019, Mexico notched up its first year-over-year decline in GDP since the final quarter … Read more
by Kimble Charting This chart looks at the performance of the S&P 500, Crude Oil and the Yield on the 10-Year note over the past 4-months. Crude Oil has declined around 14% more than the S&P … Read more
via Zerohedge: New data from the Association of American Railroads (AAR) reported US Class I rail traffic for the week ended July 27, of 534,498 carloads and intermodal containers, down … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle House prices fall year-over-year, as do New York & San Francisco Bay Area condo prices. Los Angeles, San Diego tick up. Denver, Boston hit new highs. … Read more
A federal judge ruled late Friday she is unconvinced of an immediate need to block a citizenship question from the 2020 census over privacy concerns. US District Judge Dabney Friedrich … Read more
via kusi: SAN DIEGO (KUSI) – Thursday morning, CNN called the KUSI Newsroom asking if one of our reporters could give them a local view of the debate surrounding the border … Read more
Media Stocks Suffer Declines in 2018 With only a few trading days left this year, 31 of the 50 stocks tracked by The Hollywood Reporter are down for the year. … Read more
by Jesse The next weeks will be interesting. This is just the Dow Industrial Average, such as it is today. We would have to see confirmation in the less narrow … Read more
via Armstrong Economics QUESTION: Mr. Armstrong; You mentioned that we should expect a further decline in the economy. Do you have a target for that decline? ANSWER: The world economy has been … Read more
by Chris Black Do you remember the “Judge Kavanaugh sexually assaulted me at some point in the eighties, though I can’t remember when and where” extravaganza? Well, neither do … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Seattle prices fall sharply. New York condo prices nearly flat for the year. First feeble declines in San Francisco, Dallas, Denver, etc. Something is afoot. On the … Read more
by Thinker Failed investigations, friends, or a judicial system that’s broken??? Why didn’t the D.A. let Bill Cosby off the hook, or let him go to rehab like so many … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Was “QQE” just a pretext for bringing the government bond market under control to avoid a Greek-style debt crisis? In June, total assets on the Bank … Read more
by Lance Roberts On Tuesday, I discussed the issue of what has historically happened to the financial markets when both the dollar and rates are rising simultaneously. To wit: “With the … Read more
By Whitney Webb Facebook’s chief operations officer, Sheryl Sandberg, recently sold $23 million in the company’s stock on Wednesday as governments in the EU move to quickly implement new online … Read more