Fasten your seat-belts folks. It is time for an earnings recession! At least that is what the South Korean trade data tells us.. pic.twitter.com/N92qnxlvZL — Andreas Steno Larsen (@AndreasSteno) January 22, 2019 Half of investment grade debt is one downgrade …
By Irina Slav Global spending on solar energy declined by almost a quarter last year to US$130.8 billion, mainly on the back of a regulatory policy overhaul in China that led to an oversupply of solar panels, driving prices down. …
by WARREN MOSLER Trade issues taking their toll: This too has gone flat: Nice mentions for Stephanie and a also bit for me here, as MMT is now on a roll: https://ftalphaville.ft.com/2019/01/16/1547640616000/America-has-never-worried-about-financing-its-priorities/
via MarketWatch: PG&E’s bankruptcy would result in a default of $17 billion of its bonds If Pacific Gas & Electric Co. follows through with its bankruptcy announcement, the country’s largest utility would record the third largest default in the …
What does China own in the US? from CNBC. via CNBC: Chinese foreign direct investment into North America and Europe fell by 73 percent to a six-year low in 2018, Baker and McKenzie said. That’s as the United States tightened …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter California’s rate payers & taxpayers likely on the hook, as we know from PG&E’s first bankruptcy in 2001. “PG&E remains committed to providing safe natural gas and electric service to customers as it prepares to initiate …
by eyeball1234 The inspiration from this viz came after seeing a video on Youtube about saving for retirement (don’t remember the name). The narrator, a guy who was probably in his late 50’s or 60’s, was talking about how exciting it …
See the analysis from Reuters here: Global investment banking-related activities generated an estimated US$102.6 billion in fees during full year 2018, a 4% decline compared to full year 2017. The Americas led all other regions by fees, contributing half of the …
BY ROBERT ROSS The S&P 500 is down 14% since October. When the market drops, conventional investing wisdom says buy bonds. And this is what investors did. Many have shifted money out of stocks into bonds. Much of that money has …
It is common knowledge that Theresa May’s husband Philip essentially acts as the unofficial advisor to the Prime Minister.. Whilst it is pretty obvious that almost all married couples act as informal advisors to each other.. the PM’s husband has …
This video is in response to the countless people who have asked me about 401k’s/retirement accounts. I wanted to completely explain my OPINION about the subject. I know that this may not come off as nice because many people have …
by theNonlinearity 30 rock made GE look like such a great company, here are 10 reasons it’s gone downhill 1 – Management turnover Jeff Immelt was CEO from 2001 to 2017, and GE had succession plan where John …
by Alexander Trigaux, Editor, GoldSilver It’s time for our roundup of the big investment banks and where they predict the gold price will go in 2019. Their forecasts, while as fallible as any others, are worth paying attention to for one …
Trust this bounce? Think again $SPX pic.twitter.com/qvgOKfxBtq — mcm-ct.com (@mcm_ct) December 6, 2018 As long as investment grade spreads widen – there is not much reason to believe the stock market should have a sustainable bounce pic.twitter.com/smDh275AOd — Alastair (@StockBoardAsset) …
via MarketWatch: ‘Home flipping acts as a canary in the coal mine for a cooling housing market.’ While TV shows like “Fixer Upper” and “Flip or Flop” rule HGTV’s airwaves, few Americans are actually getting in on the home-flipping act …
by Martin Armstrong What is really amazing is how governments just fail to comprehend that revolution is instigated by corruption and taxes. Nevertheless, they just can’t help themselves. They have to keep taking cookies from the jar until it is …
via Jeremy Hill A credit market guidepost suggests the turmoil in high-grade bonds isn’t over yet. The CDX investment-grade index, a measure of the cost of default protection for high-grade bonds, surged during the trading day Monday and at one point …
From Sprott Media: Jim Rogers, veteran investor and author of “Street Smarts,” weighs in on the U.S.-China trade war ahead of the G20 meeting. Rogers considers current investing opportunities around the globe and the risks that could manifest with a bear …
BY SRSROCCO Global debt increased at the fastest rate at the beginning of 2018. In just one quarter, total global debt jumped by more than $8 trillion. That is quite surprising as total world debt rose by $22 trillion for …
via Jeremy Hill A credit market guidepost suggests the turmoil in high-grade bonds isn’t over yet. The CDX investment-grade index, a measure of the cost of default protection for high-grade bonds, surged during the trading day Monday and at one point …
via Tim Kilgore As benchmark interest rates in the U.S. rise and the pace of corporate earnings growth slows, Moody’s Investors Service warned Friday that an unprecedented number of corporate credit ratings could be added to the “junk” pile. Moody’s …
by WARREN MOSLER Note the deceleration began with the collapse in oil capex in 2015: The year end tax cut caused a onetime increase in earnings that subsequently flattened out and may now be declining: Seems Saudis are raising prices: …
via confoundedinterest: Last decade, there was a residential mortgage credit bubble that burst. While there doesn’t appear to be a residential mortgage credit bubble (well, just a little), there is most definitely a corporate debt credit bubble that appears to be …
by Lance Roberts Last week, General Electric (GE) did something that many never thought would happen. They slashed their dividend to just $0.01 per share. We are talking about GE. A company which has been bringing “good things to life” for well …
by WARREN MOSLER More housing weakness: Highlights Growth in home prices, as it is for home sales, is almost at a standstill, at least on a monthly basis for Case-Shiller’s 20-city adjusted index which inched only 0.1 percent higher in …
Authored by Lance Roberts via RealInvestmentAdvice.com, Over the weekend, I was reviewing some old commentary and stumbled across a piece from 2012 which contained an excerpt from Jeremy Grantham who is the famed investor at GMO. I have spoken, and …
I was reading the book Buffettology and came across this story of Rose Blumkin (aka Mrs. B). She was the founder of Nebraska Furniture Mart. Warren Buffett and Berkshire Hathaway eventually purchased this company and it’s still profiting for them …
When the duo of Rus Yusupov and Colin Kroll launched the widely viral HQ Trivia live game show in August 2017; they were probably not thinking about kindling the fire of a disruption that might forever change the face of …
by jessefelder A while back I wrote about what I believe to be the single greatest mistake investors make. Well, it turns out this sort of extrapolation is also the single most popular investment methodology there is. As Robert Shiller wrote for …
Alternative investment solutions are today one of the biggest trends in the business world and they seem to modify to the core the way in which investors see the sector. Today, this type of investments is an important part of …