How Much Longer Can Dumb Money Double Down?

From Birch Gold Group Reality always wins in the end. It doesn’t matter if you’re excited about the economy or its outlook. Unless some economic scam is being perpetuated (unlikely), fundamentals always play a factor, and guide the U.S. economy through peaks and valleys. Fundamentals …

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Big Tech Is No Longer Carrying the Stock Market

https://www.nytimes.com/2019/02/03/business/dealbook/stock-market-technology.html For much of the past decade, the fate of the stock market has been tied to the performance of a handful of the largest tech companies: Amazon, Apple, Alphabet, Facebook, Microsoft and Netflix led the market from one record …

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Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes)

via vanguard: Beginning January 22, 2019, Vanguard will no longer accept purchases in leveraged or inverse mutual funds, ETFs (exchange-traded funds), or ETNs (exchange-traded notes). If you already own these investments, you can continue to hold them or choose to sell …

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Bear markets usually last longer than two trading days. Unless this time is different.

https://twitter.com/OccupyWisdom/status/1078408848342429696 https://twitter.com/OccupyWisdom/status/1078437730579873793 https://twitter.com/OccupyWisdom/status/1078374017227198466 If we just look at months that have a higher percentage of days with -2.0% intraday draw downs than Dec 2018 so far, the list is a bit more ominous. None of these were at the end …

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Waiters can no longer afford to live in San Fran

The housing market in San Francisco is so expensive that it’s commonly referred to as being in a crisis. Restaurant workers are fleeing the city’s unmanageable costs, The Guardian reported, and it’s changing the way the industry is serving customers. Some restaurants are having customers order at …

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