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by Fair_Criticism Joel Tillinghast, a once-legendary portfolio fund manager and former colleague at Fidelity, sometimes describes retail apparel investing as “momentum-based”. After all, when it works, you look like a … Read more
by WARREN MOSLER The global slow motion train wreck continues: Japan: Core machinery orders in Japan, which exclude those of ships and electrical equipment, declined 6.0 percent from a month … Read more
by WARREN MOSLE Highlights On the low side of expectations but not at increasing rates of contraction are the results of ISM’s manufacturing report for October. At 48.3, the index … Read more
Turbulent times are often written about in the history books and myths and legends appear alongside them. However, at the time, many cannot really understand what’s happening. They’re simply going … Read more
via oag.ca.gov: Thursday, June 13, 2019 Contact: (916) 210-6000, agpressoffice@doj.ca.gov Motion would decide whether President Trump’s diversion of $2.5 billion is unlawful SACRAMENTO – California Attorney General Xavier Becerra filed a motion … Read more
via nationalreview: Magnificent in the distance, San Francisco is now shockingly ugly up close. In the decade I have lived here, the city has achieved the seemingly impossible: It has combined … Read more
Taking a break from the usual mockery of Brexit to note that in the US, we are at the beginning of a slow-motion financial crisis. Investors are selling their investments, … Read more
Keith Ellison steps down from being DNC post. Erdogan says he gave the tapes to the US, UK, Germany and many other countries, but heard nothing yet. Trump bashes Macron … Read more
by Martin Armstrong COMMENT: Mr. Armstrong; I believe I understand your criticism about analysis. Whatever trend is in motion people assume will remain in motion. This is dangerous in managing a … Read more
by Jesse “Hell is empty, and all the devils are here.” W. Shakespeare, The Tempest “The easiest way to steal a man’s wallet is to tell him you’re going to steal … Read more
by Jim Rickards via Daily Reckoning If you’ve ever lived through a life-threatening emergency — whether a car crash, train wreck or a steep fall (hopefully not) — you have noticed that time … Read more
Mass layoffs at Well Fargo as a result of declining real estate market. Federal reserve officials are keeping everything in motion, they will be raising interest once again. Trump when … Read more
by Martin Armstrong QUESTION: It is so confusing. Hillary took money from foreign governments which is treason and that’s ok. Cohen pays two women to keep their mouth shut and that’s … Read more
Copper Alarm Is Blaring! The 10 year to 30 year #treasury spread is now < 11 basis points. 00.10 or 1/10 of 1%, for literally TWENTY YEARS of #inflation risk. … Read more
by Jesse “The new London Gold Pool slow motion run on physical gold since 2013 (see latest Russian CB gold buying today) remains in full effect, w/latest COMEX registered … Read more
