Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Speculators in gold price futures are short 670 tonnes – the biggest bearish position in 25 years. First things first: I want to thank the many readers who have expressed their interest in an article about my views …
US Economy Showing Deteriorating Signals As we mentioned, the NFIB small business index is looking great and the S&P 500 earnings growth is strong. However, the Merrill Lynch chart below shows not all companies are prospering. It shows the percentage of Russell 2000 members …
Via Marketwatch Who owns the huge and growing U.S. national debt? By and large, Americans. Some 70% of the national debt is owned by domestic government, institutions investors and the Federal Reserve. A shade under 30% is owned by foreign …
via Mike Shedlock: As traders cheer the longest bull market in history, they ought to be wondering “what’s next?” The bulls are cheering loudly today as the S&P Hits Record, Equals Longest Bull-Run The benchmark S&P 500 hit an all-time intraday high …
YAPHANK, N.Y. (CBSNewYork) — A West Nile warning has been issued on Long Island. A record number of mosquitoes are testing positive for the virus, including more than two dozen samples in one week alone in Suffolk County, CBS2’s Lisa Rozner …
by Dave Kranzler of Investment Research Dynamics I felt compelled to clarify the commentary out “there” discussing the non-commercial short position in gold. An interviewee on one of the widely viewed precious metals and economic websites referenced the record “speculator” short position in …
A record number of investors became 401(k) millionaires this spring. At the end of the second quarter, 168,000 people with 401(k)s managed by Fidelity Investments had at least $1 million in their accounts, a rise of 50,000 people from a year earlier …
from Zero Hedge Total household debt hit a new record high, rising by $82 billion to $13.29 trillion in Q2 of 2018, 3.5% higher than a year earlier according to the NY Fed’s latest household debt report. It was the 16th consecutive …
by stockboardasset The Australian household debt to income ratio has ballooned to shocking levels over the past three decades as Sydney is ranked as one of the most overvalued cities in the world. According to the Daily Mail Australia, credit card bills, home …
by stockboardasset A solar-powered spy drone developed by Airbus Defence and Space recently broke the record for the longest continuous flight. The unmanned aircraft is known as Zephyr, a unique, re-usable solar-powered plane, providing a broad scope of applications, ranging from military surveillance, border patrol …
Jared Kushner helps Trump pave rare bipartisan path to big win. Thursday’s roundtable at President Trump’s summer White House in New Jersey to address prison and sentencing reform with governor’s is the latest bid by top aide Jared Kushner to …
Trustworthy Australian media claims July 2018 as the hottest month ever in the country, but even the Bureau of Meteorology (BOM) says its 2nd warmest day time highs, and 5th warmest mean since records began. Australia’s drought is set to …
Do you think many people will suffer especially since pensions and social security will be slashed? At this time, we are witnessing countless people going bankrupt. The baby boomers are the biggest group in fact. It seems as though we …
With the media over the last week screaming the world is frying and scaring the Europeans saying it would be over 50C which is over 125F this all turned out to be false. The hottest in Spain was 46C at …
Record heat in Portugal and 0.2F above normal water in California, which matches 1931 Dust Bowl era temperatures. But looking at all northern hemisphere temperatures, not just where the media wants you to look, you will find an enormous amount …
via thefreethoughtproject: The Phoenix Police Department set a new record last month and—it was not for the cutest lip sync challenge. PPD officers have shot 31 citizens this year, tying the record set for shootings in one year, and it is only August! …
by Michael Snyder Major changes are happening to our planet, and the experts are groping for answers. In recent days some have suggested that what we are witnessing is the natural progression of “man-made climate change”, but that explanation has generally …
Vancouver is one the the most expensive real estate markets in the world. There has never been a more furious time in history. People literally fighting each other to get a sale. It’s beyond pandemonium. With central banks beginning to …
(CNN) — It’s not very often that Michael Phelps gets knocked off the record board. But a 10-year old swimming phenom with a superhero name has done just that. His name is Clark Kent Apuada. And of course, they call him …
Housing market is showing signs of cracking: ‘Anything-goes list-price strategy is no longer working’ Housing market shows signs of cracking. Here’s why from CNBC. Even in the hottest markets, there is an affordability limit, and that limit is clearly now …
via stockboardasset: Mexico’s next president Andrés Manuel López Obrador, a former Mexico City mayor and outspoken critic of the political establishment — has a significant uphill battle once he is inaugurated as President on December 01: deadly violence in the country is …
Financial and precious metals expert Egon von Greyerz (EvG) vaults gold for clients at two secret locations on two continents. EvG is sounding the alarm about record breaking global risk and warns, “With this risk, people have to take insurance. …
Last night one of the “morals of the story” of a thread we posted was “Don’t miss the forest for the trees.” The chart below is a view of “the forest”, in its full glory. Cht originally via ISI Evercore, …
The case relates to the dominance of Google’s Android operating system, which is one of the world’s most popular mobile software systems. The EU has scrutinized that dominance, arguing that Google should look to make competition fairer and allow smaller …
$152,237,500,000: Merchandise Trade Deficit With China Hit Record Through May (CNSNews.com) – The U.S. merchandise trade deficit with China set a record through May, hitting $152,237,500,000 for the first five months of 2018, according to data released Friday by the Census …
From the Washington Post: Seventy may be the new 60, and 80 may be the new 70, but 85 is still pretty old to work in America. Yet in some ways, it is the era of the very old worker in …
Leveraged-Loan Risks Are Piling Up Rising interest rates have a peculiar effect. US junk-bond issuance in June plunged 31% from a year ago to just $14.5 billion, the lowest of any June in five years, according to LCD of S&P Global Market …
by Michael Snyder Americans are on an absolutely spectacular debt binge. Does this mean that the economy is getting better, or does this mean that U.S. consumers are totally tapped out and are relying on borrowed money to make it …
by Thinker Men and women are dying and American families are being separated with every war for greed and a new world order that has been started. Change happened when president John F. Kennedy was murdered for wanting to end …
Josh Sigurdson talks with author and economic analyst John Sneisen about the crippled Argentina economy as the Peso recently hits a new low record low… At least since the last peso hyperinflated and created less than 2 decades ago. The …