by Tom McClellan Housing sector stocks have been among the worst performers in 2018, and analysts are pointing to lots of different reasons including the newly imposed U.S. tariffs on Canadian softwood lumber. But an easier explanation arises when we look …
By Bill Bonner BALTIMORE, MARYLAND – The show went on! And, as we predicted, The Donald claimed victory… and stocks went up. When we left you on Friday, Mr. Trump was on Air Force One. He was on his way to …
by Chris Kimble Could interest rates be peaking after moving much higher over the past 5-years? Yes! Joe Friday shares that the yield on the 5-year note, looks like it created an important topping pattern last month. This chart looks at …
by Shaun Richards It was not that long ago that many of us “experts” in the interest-rate market felt that negative interest-rates could not be sustained. Back then the past Swiss example could be considered a tax – which remains …
by Lance Roberts Earlier this year, I penned an article entitled “The Coming Collision Of Debt & Rates” which discussed the 10-areas that rising interest rates would impact most directly. Number two on that list was housing: “Rising interest rates slow the …
The US witnessed the most deaths in a single year, since official records began, in 2017, with suicide and drug overdose deaths soaring among an aging population, according to the Centers for Disease Control and Prevention (CDC). It marks the …
by Troy Well that was quick. Less than 2 months ago Fed chairman Powell said that interest rates were “far below neutral” (implying that rates needed to be hiked much more). After the stock market has fallen 10%, Powell now …
It’s difficult to take Jerome Powell’s jawboning about an independent Fed unaffected by either Trump’s ongoing verbal assault or the markets’ recent declines when he supposedly, suddenly, sees an entirely different economic reality than he did two months ago. Fed …
Artificially low rates hide a lot of sins, for a while. pic.twitter.com/O2Mi2rOZom — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) November 27, 2018 https://twitter.com/OccupyWisdom/status/1067800291674923009 the trend…. pic.twitter.com/aVB7n2lOuS — M/1_LP (@MI_Investments) November 28, 2018 For the first time since May 2016200MA> 50MA …
Do you think the Fed will increase interest rates in December? Yes or No? FANG stocks fell into a bear market. GE stock as well. Banks are completely destroyed, desperately hiding their contagion risk. But he market is ignoring all …
by howmuch Open enrollment for health insurance plans under the Affordable Care Act, also called Obamacare, will last until December 15, 2018. Unless you get insurance through your employer, you might be in for a surprise. We crunched some numbers from …
by Kimble Charting This 4-pack looks at short to long-term interest rates over the past few decades with a little twist, each chart is inverted (yields are upside down). Each chart reflects that yields are testing multi-decade support at each (1). These support …
https://twitter.com/NorthmanTrader/status/1065903790711279616 https://twitter.com/minefornothing/status/1065973006617456640 Bank of Italy sounds the alarm over banks’ stability https://t.co/qqyGVahW3w — LiveSquawk (@LiveSquawk) November 23, 2018 Oil slump leaves just one European equity sector up in 2018 https://t.co/LPp6TRNKXD pic.twitter.com/iYxLQwXq3C — Bloomberg Markets (@markets) November 23, 2018 Spain CDS …
The Fed won’t end up raising interest rates as aggressively as projected, says the editor of the Grant’s Interest Rate Observer newsletter. “I don’t know when it will reverse course; I suspect sooner rather than later,” says Jim Grant. …
by howmuch There’s a lot that goes into determining how much you pay for car insurance. Your age, gender, marital status, driving record and perhaps most importantly your home address are all major factors. This makes it difficult to compare …
Via ZeroHedge During 2000–2016, suicide rates among American workers (aged 16–64 years) jumped 34%, from 12.9 per 100,000 population to 17.3, according to a newly published report by the Centers for Disease Control and Prevention (CDC). “Increasing suicide rates in the US are a concerning trend …
From Birch Gold Group Round and round we go, where the hawkish Fed stops, nobody knows… There was a bit of tension in the markets last week. This tension stemmed from a prediction that the federal funds rate would be well on its …
America hits a massive wall of debt in 2019 with interest rates soaring — what could go wrong? pic.twitter.com/6V3mvkDZc6 — Alastair (@StockBoardAsset) November 16, 2018 Global market asset performance pic.twitter.com/9Tmc0uo6pN — Alastair (@StockBoardAsset) November 16, 2018 IMF Issues Stark Warning …
Ray Dalio: Fed raised rates to the point where they’re hurting asset prices from CNBC. Hedge fund billionaire Ray Dalio argues the Fed has raised rates to a point where they’re hurting asset prices. The central bank needs to …
Shipping rates are crashing again, crude crashed, bitcoin crashed, stocks crashed last month, commodities are in turmoil, etc… Why is all happening in "the greatest economy ever." Could markets be at a turning point? I think that is a high …
by howmuch What is financial literacy? The S&P’s Global Financial Literacy Survey defines it as the ability to understand essential financial concepts in making informed decisions about saving, investing and borrowing. The survey asked respondents a series of financial literacy questions. Here’s …
by Chris Kimble CLICK ON CHART TO ENLARGE Joe Friday suggested that Crude Oil could be peaking in the chart above first shared on 5/25/18, as Crude was testing its 50% retracement level at (2). Weakness in Crude of late has …
From CNBC: In its first meeting since October’s market turmoil and this week’s midterm elections, the Federal Reserve voted to maintain the current level of its benchmark interest rate. The policymaking Federal Open Market Committee, as expected, unanimously approved keeping the federal funds …
via yahoo: Goldman Sachs is worried that inflation could rise faster than expected, and urged policymakers to take action to avoid “a dangerous overheating.” Their recommendation: five more 25 basis point hikes before assessing whether further hikes are necessary. The …
by Nomi Prins via Daily Reckoning It’s a good thing October is coming to an end. It’s been a particularly lousy month for the markets. October has seen about $5 trillion in value erased from global markets. Reasons for that sell-off range from …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter We knew “free money would inevitably end. Affordability would become an issue – particularly around new vehicles.” It has been a tad rough in the stock market for AutoNation, the largest auto retailer in the US, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When will the Fed buckle? In this podcast, I ask: Where are interest rates headed, when will the Fed buckle, and who are the new winners and losers? (10 minutes)
by Martin Armstrong QUESTION: Dear Marty, Thanks for the continuous enlightening blogs about increasing interest rates and its effects on EM’s and others. Today on Bloomberg , they were discussing that the earlier 60:40 Equity bond correlation is breaking down and …
by Kimble Charting CLICK ON CHART TO ENLARGE Could the yield on the 2-year note send important messages about the future direction of stocks? They have in the past and they could again! The top chart looks at the yield on …
https://twitter.com/OccupyWisdom/status/1055836502478020608 https://twitter.com/OccupyWisdom/status/1055625447629881344 tech splat pic.twitter.com/aKYFecfWiI — Alastair (@StockBoardAsset) October 26, 2018 Protections on risky loans are close to their worst ever levels, says … MarketWatch–19 hours ago As debt cushions deteriorate, they are dragging down the ratings of debt instruments … meaning those investors …