by Charles Hugh-Smith Isn’t it obvious that those at the top of the wealth-power pyramid don’t want us to know how much ground we’ve lost while they’ve gorged on immense gains? In the late 1970s and early 1980s, an era …
by howmuch Be honest—where do you keep your smartphone at night? Is it on the nightstand? Having a smartphone is now an essential part of modern life, and many people wouldn’t leave home without it. And among smartphone makers, Apple …
by WARREN MOSLER Mixed bag again, as auto sales contributions are volatile in a generally softening auto market. And the Fed estimates the tax cuts and spending increases will add about .4-.5% to GDP this year. Also, the spending numbers …
Industrial Metals & CRB Index slammed
via advisorperspectives: Note: The charts in this commentary have been updated to include this morning’s Consumer Price Index news release. Back in 2010, the Fed justified its aggressive monetary policy “to promote a stronger pace of economic recovery and to help ensure that inflation, …
#TradeWar chart! S&P 500 Index future reverses gains as #Trump is said to release a list of an additional $200 billion in Chinese products to be hit with #tariffs. Everyone who bought the dip in cash session was wiped out …
via ECRI ECRI’s U.S. Weekly Leading Index (WLI) decreased to 147.4 from 148.1, while the WLI growth rate edged down to 2.2% from 2.8%. For more on the cyclical outlook, please see below for other forward-looking ECRI data shared publicly: …
via Financial Sense Over the past 30 years, the technocrats in Beijing have attained an almost mythical status. The decade after two decades of rapid double-digit growth has transformed China into the world’s second-biggest economy, slashing poverty at the same …
by Graham Summers of Gains, Pains & Capital The financial system is in trouble. Indeed, by the look of things, we are about to experience a wave of deflation… in years. Let’s first talk about the $USD. The $USD has broken above initial …
China Set for Record Defaults, and Downgrades Dagong has reported 13 credit-rating downgrades compared with 10 upgrades so far this year, the highest such ratio on record, according to Bloomberg-compiled data. Results from Dagong peers such as China Chengxin International …
by Kimble Charting CLICK ON CHART TO ENLARGE Could major indices in the states be impacted by what happens in Japan over the next couple of months? Sure could! The chart above looks at the Nikkei index over the past 30-years on a …
by Kimble Charting CLICK ON CHART TO ENLARGE The above chart looks at the Bank Index (BKX) over the past 11-years. At this time the “trend on banks remains Up!” This very important index peaked in 2007 at (1), before breaking support and then …
via Kimble This chart looks at the New York Stock Exchange Index (NYSE) over the past couple of years. Since the election in the fall of 2016, the index has spent the majority of the past couple of years inside of rising …
by Thinker Every president adding more and more programs and agencies that are milking the tax payers for billions. How many really do anything at all other than collect a check? How many have a history of stories and testimony …
by Charles Hugh-Smith Welcome to debt-serfdom, the only possible output of the soaring cost of living. Long-time readers may recall the Burrito Index, my real-world measure of inflation. The Burrito Index: Consumer Prices Have Soared 160% Since 2001 (August 1, 2016). The Burrito …
by jessefelder Much has been made of the plunge in the Smart Money Index this year and for good reason. In the past, major downturns in the index like we are witnessing today have proved to be prelude to major downturns in …
via Chris Kimble After topping in January 2018, the stock market has become a bumpy ride. We endured a correction on most major stock indexes and are now chopping sideways. Monitoring the markets for clues about what’s next, I stumbled …
https://twitter.com/OccupyWisdom/status/999665430351482881 Delinquency rates on store-branded credit cards have reached a seven-year high, according to credit bureau Equifax, possibly signaling broader troubles for household debt down the road. https://t.co/L4dWkVGF5C — Jesse Felder (@jessefelder) May 24, 2018 https://twitter.com/OccupyWisdom/status/999665966006095872 Delinquency rates on store-branded …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Been reading misleading headlines about low inflation again? That is was “softer than expected” or whatever? So here are the numbers: The Consumer Price Index (CPI) for April, which the Bureau of Labor Statistics released this morning, …
By Charles Sizemore You have to love John Bogle, the founder of the mutual fund family Vanguard. By eliminating active management and pioneering passive indexing, Bogle has saved his investors untold billions of dollars in fees, all while boosting their …
by MedicalLabScientist I always knew that the reason Dave Ramsey gave horrible investment advice to his listeners by advocating loaded mutual funds over low cost index funds was because he made money off the referral fees. However the actual amount he …
by WARREN MOSLER Muddling through at depressed levels: Saudis set price. If they decide to hike as below, it will happen: OPEC’s new price hawk Saudi Arabia seeks oil as high as $100 Apr 18 (Reuters) — Top oil exporter …
https://medium.com/the-long-now-foundation/how-warren-buffett-won-his-multi-million-dollar-long-bet-3af05cf4a42d “Over the years, I’ve often been asked for investment advice, and in the process of answering I’ve learned a good deal about human behavior. My regular recommendation has been a low-cost S&P 500 index fund. To their credit, my …
From CNBC: Calling someone cheap is not often a term of endearment, but it has become exactly that in the investment industry. According to Morningstar, more than 95 percent of all U.S. retail investments made since 2005 were in the cheapest …
via Looking4Alpha The US Federal Reserve balance sheet had grown to over 4.5 trillion US Dollars at it’s peak and over the years had an immense – probably NOT unintended – impact on US equity markets. Since the balance sheet’s peak levels …
by stockboardasset The latest index reading came in at 21.4, up from 20.8 the previous week. RecessionAlert launched an alternative to ECRI’s Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, …
by WARREN MOSLER Small business jobs index, Balance of trade, Domestic vehicle sales Weak $ stuff:
S&P500 Above 200sma Moving Average Index- Sym Contracting Triangle in final construction.. APEX Nearing – Signal Major Imbalance Nearing? pic.twitter.com/TTmlpBHWRp — Alastair (@StockBoardAsset) April 1, 2018 Citi: "As the next recession unfolds there will be no ECB backstop because it …
