via CNBC: Professional investors took their highest cash positions in 10 years during January after the brutal fourth-quarter sell-off, according to the latest Bank of America Merrill Lynch Fund Mangers Survey. The pessimism was reflected in a belief that the …
Germany & France have reached a compromise on the joint Russian-German gas pipeline project ‘Nord Stream 2’. Commenting on the deal, German Chancellor Angela Merkel lauded Franco-German co-operation. That’s after it was previously suggested that Paris was seeking to derail …
Despite low rates and massive liquidity, global capital expenditure (investment) is falling. There will be a say when central planners will undertsand the word "overcapacity" and stop the fallacy of stimulating a demand that has been overstimulated for years. pic.twitter.com/PVKWqoiJjn …
Look at this chart: ratio of “present situation” to “expectations” from the Conference Board confidence report. Cut-and-dry sign of a tapped-out consumer. A great leading indicator at turning points because it either coincides with the recession or occurs a few …
The economy itself is slowing down. Markets remain supported by quantitative easing. Is complacency acceptable after what we saw throughout 2018 as well as in the Financial Crisis? All throughout 2017, there was a foolproof strategy. Buy anything and …
by axolotl_peyotl This article provides an overview of the confusing situation with respect to continued US presence in Syria. In addition, turbulent events in Turkey are central to this confusion. The US Secretary of State Mike Pompeo delivered contradictory …
Via Marketwatch Even if the economy is on a roll, many Americans aren’t feeling the benefit. Real wages effectively declined in 2018, according to figures from the PayScale Index, a formula from the Seattle-based salary comparison site. PayScale said the median …
The global economy is undergoing a contraction which is seen from virtually every single country at this time. Whether you look to the US, China, or Europe, you see what cannot be denied. Assets cannot seem to rise steadily as …
by Jesse Colombo After last week’s sharp decline, stocks bounced a bit this week, and the talking heads on TV could hardly contain themselves. Unfortunately, this week’s bounce does absolutely nothing to negate the major technical breakdown that occurred last week. …
Is this the fault of bad socialist policy ? “Germany may be Europe’s biggest and strongest economy and is enjoying record employment, but one fifth of its citizens are struggling to make ends meet, a new study reveals. Some 15.5 …
https://www.youtube.com/watch?v=ykmsxKw_SgU READ MORE: https://on.rt.com/9hiu Almost half of the British public are unaware a war is going on in Yemen, a Yougov poll has revealed, as a Labour MP accuses the government of having “blood on its hands” while it continues …
Snapchat continued to shrink in Q3 2018 but its business is steadily improving. Snapchat’s daily active user count dropped again, this time by 1 percent to 186 million, down from 188M and a negative 1.5 percent growth rate in Q2. User count is still …
https://twitter.com/OccupyWisdom/status/1054837215963086850 https://twitter.com/OccupyWisdom/status/1054839661535944704 https://twitter.com/OccupyWisdom/status/1054843621357355013 While #earnings #growth is still high at 22 percent so far this quarter, the amount by which S&P 500 index companies are beating analyst estimates is nearly half of what it was during the first quarter, according …
by DCG Homeless in King County: “Not a failure”/Q13Fox photo In 2005 King County (Washington) created a 10-year plan to end homelessness. They established the Committee to End Homelessness in King County (CEH), charged with implementing the goals of the Ten-Year Plan: prevent …
Despite a virtue-signaling ad campaign featuring anthem-kneeling NFL quarterback Colin Kaepernick, sportswear giant Nike donates more than three times as much money to Republicans as it does to Democrats. Nike’s employees and the company’s own Political Action Committee gave $424,000 …
The long-standing prohibition of industrial hemp in the US is one of the many examples that can be cited in support of the claim that the US is a pathetic shell of what its founders intended. Indeed, hemp had been a staple …
Companies splurge on the largest container ships, consolidation rages, no one wants to back off. By MC01, a frequent commenter on WOLF STREET: In August 2016, Hanjin Shipping Co., at the time the world’s seventh largest container carrier, sought bankruptcy protection. It …
Credit card rates are now higher than they were at the peak of the last cycle: pic.twitter.com/54RBTFJHGh — Jesse Felder (@jessefelder) August 7, 2018 I wonder what this graph would look like if personal loans and line of credit were …
COPPER: down -17.5% in 2018, the Chinese have not been able to centrally plan this market price higher = Bearish TREND @Hedgeye #reiterated China Not Messing Around: Serious QE Means Serious Currency Devaluation “They. Drew. First. Blood.” So said John …
via Mike Mish Shedlock Existing home sales declined for the third month, fourth year-over-year. May sales were revised lower. The National association or Realtors (NAR) reported existing home sales for June at 5.38 million homes seasonally-adjusted annualized (SAAR). The NAR revised …
https://www.youtube.com/watch?v=n9p_rswhbhg https://mysteriousuniverse.org/2018/0… https://www.rt.com/news/433605-black-…
Kick out the hard-working people and keep the terrorists. Flawless logic. A Japanese winemaking couple in France could face deportation, with French authorities saying that their business is not profitable enough… even though they have been credited with producing …
by Jim Quinn Sorry, There Is Zero Chance of Putin Ditching Iran in Syria Ahead of Helsinki Russian diplomats are repeating loudly that Iran is in Syria legally Hamidreza Azizi Wed, Jul 11, 2018 The Finnish capital of Helsinki will host a …
For hackers, biometric data is the Holy Grail. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. In a move fraught with risk, Mexico, a country that has become a haven for the black market of stolen personal data of all kinds, …
CNN & CNBC Agree: Trump’s Popularity Still Rising Despite Recent Attacks CNBC: “Family separation policy fails to dent Trump’s rising popularity” View post on imgur.com President Donald Trump’s “zero tolerance” immigration policy, which dominated the news cycle last week and …
by Dana Lyons The story in the stock market over the past week has been about the bears’ attempts to push prices down – and the bulls’ ability to prop them back up. As a matter of fact, in some ways, …
via confoundedinterest: Affordable housing policy in the US is a mess. As I mentioned at the American Action Forum meeting on the future of the GSEs yesterday, the housing market today reminds me of the housing market from the 2000s … …
by stockboardasset The Trump administration and the U.S. Department of the Treasury last week slapped sanctions on several Russian companies and billionaires for allegedly supporting Russia’s military and intelligence agencies in fueling more cyber attacks and other malicious activities. Despite the newest …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Why is anyone still lending this government any money? Today the Argentina peso plunged another 5.5% against the US dollar. It now takes ARS 27.7 to buy $1. Over the past 16 years, the peso has gone through waves of …
https://www.youtube.com/watch?v=ABpxgxRqzEs Synopsis: Despite a growing list of accomplishments, including what appears to be putting an end to the Korean war, the media continues to bash President Trump. For example, yesterday’s headline in the New York Times bashed newly-minted Secretary of …