Here is one chart to capture 2021 the year in risk. RISK ON peaked last February and made a second lower high in November. Wave 3 EVERYTHING down has already started. The December bounce was just wave ii retracement. pic.twitter.com/LpIoiPDqqr …
THE YEAR OF 1/6th AND 5/6ths For the @markets newsletter, I wrote my big take for 2021. Basically some years are a "year of two halves". This year, on the other hand was all about January and February vs. the …
by confoundedinterest17 US pending home sales declined -2.3% MoM and -7.19% YoY as US GDP sinks like a paralyzed falcon, (Bloomberg) — The National Association of Realtors’ index of pending home sales decreased 2.3% in September from a month earlier to 116.7, largest drop …
by confoundedinterest17 Inflation is on the mind of many investors. Whether it is permanent or transitory. US Core inflation (CPI less food and energy) rose 3.8% year-over-year and beat expectations of 3.5% year-over-year. Core inflation is the highest since February 1992. …
That guy should cash out! What do think? Glauber Contessoto, a 33-year-old in Los Angeles, used his life savings and borrowed money to invest about $250,000 in Dogecoin, a cryptocurrency started as a joke, in February. The value now? Roughly …
by confoundedinterest17 US factory orders (new) dropped -0.8% month-over-month, are the Trump economy momentum ends and the Biden economy begins. Yet despite the poor news on factor orders, the Dow climbed +374 points. Having The Federal Reserve blowing winds into the …
by confoundedinterest17 Well, the data for pending home sales is for February (the dead of winter). But US pending home sales MoM fell -10.60% and -2.70% on a YoY basis. As mortgage rates start their long-predicted rise. Let’s hope that March …
by confoundedinterest17 Another month, another record low of available inventory of home for sale. Available inventory remained near a record low as The Fed continues to throw gas on the fire. As a result, the median price of existing home …
Shortfall rises 40% to $544b in first 5 months of fiscal year Corporate, income taxes decline as tariff revenue climbs The U.S. posted its biggest monthly budget deficit on record last month, amid a 20 percent drop in corporate tax …
by GoldCore – Russia adds another 1,000,000 ounces (31.1 tons) to gold reserves in February – Russia’s gold reserves now 2,149 tons; 5th largest gold reserves in the world – Central bank of Russia buys all of Russian domestic gold production …
via housingwire: When it comes to the health of the economy, the housing market is the canary in the coal mine, providing clear and early clues of pending trouble. And that’s why analysts track its performance intently, looking at a multitude …
by Mish Shedlock Challenger reports a huge jump in layoff announcements. The retail sector is very hard hit. The Challenger Report shows employers announced 76,835 job cuts in February. The shortest month of the year saw the highest number of job cuts in …
by Robert Lambourne via the Gold Anti-Trust Action Committee (GATA) The recent monthly statements of account published by the Bank for International Settlements indicate that the bank is still actively trading gold swaps, which the bank uses to gain access to gold held by …
via heraldmailmedia: LOS ANGELES — California has already received an 18 trillion-gallon soaking this month — enough water to fill 27 million Olympic-sized pools — and the state’s wild winter isn’t over yet. A series of storms, including a moisture-packed atmospheric …
https://www.youtube.com/watch?v=2S-jyFchuWM Feb. 18, 2019– Mary Greeley News – Tonight’s full moon, February 19th, presents the biggest full moon supermoon of 2019. From around the world, the moon will look plenty full to the eye on both February 18 and February …
via thefinancialcourier: The stock market has been a roller coaster since October. Equities took a nose-dive in October. They then rallied in early November. Fell again steeply in December. Finally, stocks rallied strongly in January. However, the same market forces that knocked stocks …
House Speaker Nancy Pelosi has invited President Donald Trump to give the State of the Union address on Feb. 5, following a clash during the partial government shutdown that delayed the speech. In a letter to Trump, the California Democrat …
via ocregister: Tenants getting federal rent subsidies have yet to be affected by the partial government shutdown, now in its fourth week. But big problems could arise for those renters and their landlords should the shutdown last until March. Local housing …
http://www.waff.com/b75f7b2e-272b-4a49-9f4c-8e53048d3bf5 via WAFF: The government shutdown has many people across the Tennessee Valley worrying about how they’re going to make ends meet. Now, there is growing fear among those living in public housing complexes as HUD funding is only guaranteed …
via thenextweb: The range is said to include a 5.8-inch S10 Lite – aka the Beyond 0 – with a flat screen instead of a curved one, a standard S10 measuring 6.1 inches, and an S10 Plus at 6.4 inches. Here …
From USA Today: $145 million contract has been awarded to start the construction of a border wall along the U.S. Mexico border in Texas. U.S. Customs and Border Protection and the U.S. Army Corps of Engineers awarded a contract to construct about …
via slopeofhope: In the middle of last month, I offered up the post Whiskey Tango Foxtrot in an effort to lay out what I thought were some possible paths for the market. Out of an infinity of possibilities, I described fourpossible pathways, and …
via BBG Investment-grade bonds are set for the worst month since February’s rout. U.S. high-grade debt is headed for a decline of 1.2 percent this month and the worst October in a decade, according to the Bloomberg Barclays Indexes. The …
Short sellers having the time of their year. The Thomson Reuters Most Shorted Stock Index has dropped 19% since Sep. pic.twitter.com/z8jB7y3g5x — Holger Zschaepitz (@Schuldensuehner) October 13, 2018 Stocks could fall 40% to 50% to reach fair value, with recession …
by QuantalyticsResearch US Stocks Global stocks appear to be taking a pause from their recent skid this AM with US stocks poised for the best day in more than 6-months as we enter the 3Q earnings season US stocks index futures …
Last time rates soared like this, the stock market dropped double-digits from CNBC. via CNBC: Interest rates are surging in the U.S. and around the world, sending shock waves through equity markets. The last time this kind of breakout in …
by Adam Hamilton of Zeal LLC The mega-cap stocks that dominate the US markets have enjoyed an amazing bull run. But February’s first correction in years proved things are changing. With that unnatural low-volatility melt-up behind us, it’s more important than ever to …
https://www.wired.com/2004/02/pentagon-kills-lifelog-project/ h/t fuzzynuts77
via Doug Short Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their …