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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2019: Zombie Markets Before The Fall

by Raúl Ilargi Meijer Francis Tattegrain La ramasseuse d’épaves (The Beachcomber) 1880  I haven’t really written about finance since April of this year, and given recent fluctuations in what people persist in calling the markets, maybe it’s time. Then again, nothing has …

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Are The Financial Markets Rejecting The Fed?

by Rudi Fronk and Jim Anthony via Streetwise Reports On Wednesday, the Fed raised the Fed Funds rate by a quarter point as expected. The FOMC statement was suitably “dovish” by reducing the consensus forward guidance on future rate hikes from three to two. The …

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Credit Markets Deteriorating

by Chris Stocks are for show, but bonds are for dough. Always keep your eye firmly on the credit space.  That Federal Reserve could give a rat’s ass about whether or not you are employed or your milk costs 2x …

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Downturn in Local Housing Markets Hit National Averages

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Existing home sales across the US drop 7% from a year ago, plunge 15.4% in the West. Sales of existing homes — including single-family houses, townhouses, condos, and co-ops — in November, dropped 7.0% from November …

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Markets Pointing Toward Recession & Major Corrections – Latest Headlines

https://www.youtube.com/watch?v=LpvxEbk9dkQ Forbes, Is the next recession on its way? https://www.forbes.com/sites/nextavenue/2018/08/03/is-the-next-recession-on-its-way/#ff6951148376 Pound Sinks after no confidence report Sterling fell against the dollar to a new 20-month low on Tuesday. https://www.bbc.com/news/business-46531893 Opinion: Here’s more evidence that stocks are now facing a bear …

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A Pin For These “”Markets””?

by Chris The Huawei executive arrest is playing out very poorly in the “”markets””. After all of the efforts to stem the losses taken by the CME last night, the futures have drited lower and lower, and look to be …

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