via Zerohedge: Several weeks ago, when looking at the US budget data for the recently concluded (Sept 30) Fiscal 2018, we noted that the most troubling observation in the latest data (besides the growing deficit, rising spending and shrinking tax revenues) was …
Do you think the Fed will increase interest rates in December? Yes or No? FANG stocks fell into a bear market. GE stock as well. Banks are completely destroyed, desperately hiding their contagion risk. But he market is ignoring all …
by Kimble Charting This 4-pack looks at short to long-term interest rates over the past few decades with a little twist, each chart is inverted (yields are upside down). Each chart reflects that yields are testing multi-decade support at each (1). These support …
by Money Metals President Donald Trump isn’t thrilled about Jerome Powell’s stewardship of the dollar and interest rates. He would like the central bank’s help in keeping the economic party going, but so far the Fed Chair just won’t play ball. …
America hits a massive wall of debt in 2019 with interest rates soaring — what could go wrong? pic.twitter.com/6V3mvkDZc6 — Alastair (@StockBoardAsset) November 16, 2018 Global market asset performance pic.twitter.com/9Tmc0uo6pN — Alastair (@StockBoardAsset) November 16, 2018 IMF Issues Stark Warning …
by Chris Kimble CLICK ON CHART TO ENLARGE Joe Friday suggested that Crude Oil could be peaking in the chart above first shared on 5/25/18, as Crude was testing its 50% retracement level at (2). Weakness in Crude of late has …
https://twitter.com/OccupyWisdom/status/1060750880050503680 The #Fed seems completely unconcerned about the recent drop in the stock market or the worst housing data since 2007. Are they really this clueless or just afraid that neither the markets nor the public can handle the truth? …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the House and Senate would have yielded pretty much the same …
by Ryan McMaken via Mises Wire Interest on the national debt is quickly becoming one of the largest expenses in the national budget. Based on projections from the OMB, it now appears that growth in interest payments on the national debt will be …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When will the Fed buckle? In this podcast, I ask: Where are interest rates headed, when will the Fed buckle, and who are the new winners and losers? (10 minutes)
by Martin Armstrong QUESTION: Dear Marty, Thanks for the continuous enlightening blogs about increasing interest rates and its effects on EM’s and others. Today on Bloomberg , they were discussing that the earlier 60:40 Equity bond correlation is breaking down and …
https://twitter.com/OccupyWisdom/status/1055836502478020608 https://twitter.com/OccupyWisdom/status/1055625447629881344 tech splat pic.twitter.com/aKYFecfWiI — Alastair (@StockBoardAsset) October 26, 2018 Protections on risky loans are close to their worst ever levels, says … MarketWatch–19 hours ago As debt cushions deteriorate, they are dragging down the ratings of debt instruments … meaning those investors …
by Shaun Richards Today brings us to the country which on one measure has dipped into the world of negative interest-rates more than anyone else. This is the world of the Riksbank of Sweden which has this interest-rate on deposits …
Trader/analyst Gregory Mannarino says, “People are being lulled into a false sense of security.” Mannarino goes on to say, “We are told how everything is great, and we are in a global recovery. There is no global recovery. We reflated …
https://twitter.com/OccupyWisdom/status/1054315366787284995 Everyone waxes about how great the US economy is. Strip out housing and autos and I suppose that's true. Fiscal sugar-high and pre-tariff ordering providing this Potemkin-like atmosphere. 2019 very clouded. — David Rosenberg (@EconguyRosie) October 22, 2018 https://twitter.com/OccupyWisdom/status/1054199129352691713 …
by Mac Slavo of SHTFplan Weekly mortgage application fell a whopping 7.1% as the cost of borrowing money surged. Interest rates are climbing higher making debts more expensive, so naturally, fewer people can now afford to buy homes. Rising interest rates appear to …
#Peakearnings + decelerating growth. If GOP loses the House, no Tax Cut 2.0 possible =may not be already -> see -5% budget cuts yesterday – does it also remove infrastructure, too? Rising interest rates, peak earnings and spiraling debt and …
by Jesse Colombo President Donald Trump has been making a big stink about the Federal Reserve’s rate hikes lately. Last week, after the Dow plunged nearly 2,000 points, he blamed the Fed for it, saying “I think the Fed is making a …
From Birch Gold Group This week, Your News to Know rounds up the latest news involving precious metals and the overall economy. Stories include: Gold is up on safe-haven demand amid stock sell-off, gold is ripe for a rally, and 5 charts that …
by Martin Armstrong Jeff Bezos of Amazon loses about $80 million for every dollar the stock goes down. No billionaire was hit as hard by the drop this week in the share market than Jeff Bezos. During the Wednesday selloff alone, the Amazon …
On the heels of the latest Fed rate hike, credit card interest rates are at record highs. The average APR is now over 17 percent, according to CreditCards.com’s latest report. That means it’s time to aggressively pay down debt. If …
by John Rubino Towards the end of economic expansions, interest rates usually start to rise as strong loan demand bumps up against central bank tightening. At first the effect on the broader economy is minimal, so consumers, companies and governments …
via wallstreetonparade: The 10-year U.S. Treasury note touched a 7-year high in yield early this morning at 3.25 percent before falling back to 3.22 percent in mid-morning trading. As rates have risen over the past year, we’ve witnessed a growing chorus of …
The economic miracle fueled by foreign-currency debt. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. The Bank of Turkey’s decision mid-September to hike its policy rate from 17.75% to 24% may have temporarily stemmed the rout in the Turkish …
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 John Rubino This morning’s jobs report was stronger than expected, which – combined with Amazon’s dramatic increase in its minimum wage to $15/hr — implies rising wages going forward. The bond market reacted as you’d expect to the prospect …
this is STRONGMAN SHELFORD REPORTING LIVE FROM ARGENTINA. OUR COUNTRY GOT CRAZY AND NOW THEY WANT TO TAKE INFLATION AND DEVALUATION DOWN. SO THEY ARE TAKING PESOS out of the market and forcing banks to buy a 70% interest rate …
Do you believe that real estate prices can rise if mortgage rates rise? The real estate market is very diverse, very widespread, and very volatile. 30 years ago, I couldn’t say this about housing. But today, everything is upside down. …
From Antiwar.com: The U.S. spends far more on its military than any other nation on Earth, but very soon, it will not be the top expenditure of the U.S. government. Rather, rising interest rates and years of mounting debts mean that …
Google and other social media platforms decided to allow cryptocurrency ads back on their sites. So the central bank is now ok with cryptocurrency because they believe they turned enough people away from it. Pending homes sales declined. Final 2nd …