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via CNBC: The second quarter flash numbers are “quite disastrous… way below even the worst street forecasts,”said Selena Ling, head of treasury and strategy at OCBC Bank, adding that … Read more
by confoundedinterest Yes, and the woman going for a night swim in the film “Jaws” felt perfectly safe too. Until the music started. SIFMA has an excellent chart documenting the explosion of debt … Read more
Unbelievable.64% of Canada’s yield curve is now inverted! Just as much as it was prior the tech bust & global financial crisis. Canada’s housing market: a bubble poised to burst. … Read more
Book value vs stock prices at every #Bubble peak. This bubble had flat wages + 1/2 the GDP growth of prior two economic cycles; but 0% rates, exploding global debt … Read more
via @OccupyWisdom : Leveraged loans are very risky because the loan is “leveraged” against the private equity group’s capital & it’s ability to turn a struggling company around while paying off all … Read more
via @mcm_ct: US stocks are the most overvalued ever, higher than prior speculative mania market peaks in 1929 & 2000 1. Price to Sales 2. Price to Book 3. Enterprise … Read more
by John Adams and Martin North from Adams Economics Australian Economist John Adams from Adamseconomics.com and banking expert Martin North are back in together 2019 as they launched a new YouTube Channel: “In the Interests … Read more
by Grover President – The president responsible for approving the budget. Fiscal Years – The budget years that the president approved. Years – Total number of budget years approved Debt Inc. – … Read more
by DCG In November I told you how New York State Sen. Kevin Parker and Brooklyn Borough President Eric Adams proposed legislation that would incorporate social media accounts into background checks for gun … Read more
via Bloomberg: (Bloomberg) — China’s cleanup of its shadow-banking system is fueling a record number of liquidations in its $1.9 trillion mutual fund market. More than 600 funds have been … Read more
by Jesse The next weeks will be interesting. This is just the Dow Industrial Average, such as it is today. We would have to see confirmation in the less narrow … Read more
by Chris I see this as obvious attempts by TPTB to blunt any selling and maybe even ignite the “animal spirits” (an odd thing to call software programs internal parameter … Read more
by goldsilver Price to earnings ratio is one of the most basic valuation tools available to stock market investors. Simply put, it allows you to measure how much you are paying … Read more
Why U.S. Household Wealth Is In A Bubble – Part 1 Since the financial crisis in early-2009, household wealth has surged by nearly $46 trillion or 83 percent to a record $100.8 … Read more
Deja vu – Canada’s Housing Market looks a lot like US prior to collapse (Links to relevant articles below) www.cbc.ca/news/business/mortg… www.cbc.ca/news/business/banks… www.cbc.ca/news/business/treb-… www.cbc.ca/news/canada/toronto…
San Francisco is retroactively applying marijuana legalization to prior convictions dating to 1975, which means that thousands of felonies and misdemeanors will be re-sentenced or dismissed. This is how … Read more