The stock market’s record-breaking run keeps going, but for how long? John Templeton, the late investing guru, once said bull markets in stocks “mature on optimism” before they eventually “die on euphoria.” Chalk up 2017 as another year of maturity …
By Michael Snyder It should upset you that virtually everything stocking the shelves of our major retailers seems to have been made somewhere else. As a nation, we are consuming far more wealth than we are producing, and that is …
Bitcoin’s rapid rise in value is sending a warning signal, according to former Fed insider Danielle DiMartino Booth. She says, “To me, Bitcoin is a reflection of panic. It’s a reflection of people trying to get money into a safe …
The MARKET BREADTH is one of many indicators but it does prove my point that central banks are buying up select stocks and those are performing really well. Their PE ratios are out of control. However, look at the whole …
By Michael Snyder If the U.S. economy is doing just fine, why have we already shattered the all-time record for retail store closings in a single year? Whenever I write about our “retail apocalypse”, many try to counter my arguments by …
Go back to bed you're not allowed to see this pic.twitter.com/M4oNFmFkc1 — Alastair (@StockBoardAsset) November 2, 2017 The Year Stocks Stopped Being Risky https://t.co/AW1JYlMM2M @WSJ @chrisdieterich pic.twitter.com/evvLjqOtKn — Leveraged Loans (@lcdnews) October 29, 2017 The spread between America's confidence about …
by Ruby Henley For the record, I have been criticized for mentioning the fact that the Las Vegas massacre could be a false flag. I have never been one of those false flag truthers, but I do understand the meaning …
The swelling population of illegal immigrants and their kids is costing American taxpayers $135 billion a year, the highest ever, driven by free medical care, education and a huge law enforcement bill, according to the the most authoritative report on …
by Dana Lyons Non-Commercial Speculators’ net-short position in VIX futures just spiked to its largest ever. The proliferation in exchange traded products (ETP’s) has certainly marked a new era of investment accessibility by the masses. Individual investors now have vehicles by …
BY SRSROCCO For the U.S. Retirement Market Ponzi Scheme to continue, there must be a new group of suckers to pay for the individuals who are receiving benefits. Without a new flow of funds, the Ponzi Scheme comes crashing down. Such …
Dow hits record high as Fed meeting starts, Trump talks to the UN The Fed is not expected to raise rates following its meeting. However, many market participants believe the central bank will announce the unwinding of its massive $4.5 …
Resource analyst and futurist Chris Martenson points out, “The Dow is hitting all-time highs. So, it can’t be that bad, right? The Dow is used as a signaling device, and it says have faith in your leadership and everything is …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Their buying binge in the US goes into the “Contrarian Indicators” category. After eight phenomenal years of surging stock prices in the US, buyers are getting cold feet: Acquisitions targeting US companies dropped 15% so far …
https://www.youtube.com/watch?v=bO5RgApDy-U Financial newsletter writer Lior Gantz says the most dangerous debt problem in the world is not debt held by governments, but personal debt held by the public. Gantz says, “Personal consumer debt is at an all-time high. When student …
By David Stockman Recession Alert—Real Gross Value Added Has Been Negative in 3 of Last 4 Quarters Its Official: The Single Biggest Bubble in History!
By Michael Snyder The bigger they come, the harder they fall. On Monday, the Dow Jones Industrial Average closed at a record high for the ninth straight session. It has been a remarkable run, but many experts are pointing out …
Chinese ambassador "private, off the record" set up for meeting with Clinton campaign during run up to US election https://t.co/fLDCvJkrjT pic.twitter.com/2LJtFmbcoY — WikiLeaks (@wikileaks) February 19, 2017 The email where they were offered money from some shady foreign source and …
by Dana Lyons Speculators in VIX futures are presently holding their largest net-short position ever. There’s little doubt that the current period will go down as one of the least volatile in market history. We mentioned a week ago that the …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wow, did you see that? That was quick. Friday morning between 10:15 AM and 11:15 AM, the Nasdaq gallivanted around blissfully for an entire hour in record territory of around 6,340 with not a worry in …
Traitor Trudeau avoids ethics questions 18 times in a row in Canadian Parliament (a new world record?)… besides this, I wonder how many times he has met with George Soros? https://www.youtube.com/watch?v=5ZXimZ8Gpyg That’s parliament’s version of pleading the 5th. Rules of …
Feds Collect Record Income and Payroll Taxes Through March–Still Run $526,855,000,000 Deficit The federal government collected record amounts of both individual income taxes and payroll taxes through the first six months of fiscal 2017 (Oct. 1, 2016 through the end …
by Dana Lyons Stocks’ record streak without a weak close came to an end yesterday; what does it mean going forward? By any name – melt-up, relentless bid, creep, etc. – the recent advance in the stock market has been impressive. …
The “atmospheric river” walloping California with drenching rains and gale-force winds prompted daring water rescues Tuesday and kept thousands of residents from flooded or threatened homes. Dozens of people had to be rescued from their flooded homes in San Jose. The city declared …
by Dana Lyons Speculators (a.k.a., “dumb money”?) are holding their largest net-short position in the history of the VIX futures contract. Every week, the CFTC releases their Commitment Of Traders (COT) report on the collective positioning among major futures players. Like …
By Michael Snyder While most of the country has been focused on the inauguration of Donald Trump, a very real crisis has been brewing behind the scenes. Foreigners are dumping U.S. debt at a faster rate than we have ever …
As the ultra-Low Pacific storm on the 15th dragged onshore, record snow covered Montana and Idaho, taking aim at B.C and Alberta next. The US Weather Service did not issue blizzard or snow warnings for all peaks above 5500ft. This …
https://www.youtube.com/watch?v=S3iDX2_QBog The US Treasury Department says a record number of Americans living abroad are renouncing citizenship due to a stringent US tax policy. Some 4500 individuals did so in 2015 in comparison to over 3400 people the previous year. The …