by confoundedinterest One of the world’s most important borrowing benchmarks staged its biggest one-day decline in a decade on Thursday. The three-month London interbank offered rate for dollars sank 4.063 basis points to 2.697 percent, the largest one-day slide since May 2009. The move …
A lot of tension in the markets, so here's a couple of examples of that. This bounce will have to fade soon. Nothing fundamental has changed since December. Every major economy is continuing to slow.$TYVIX $TLT $VIX $WTIC $SPX pic.twitter.com/xDWmV2tAu1 …
by Frank Holmes, CEO, U.S. Global Investors Something big is happening in the gold market right now, and nowhere is that more apparent than in central banks of emerging economies. Last year was a watershed in the size of official …
https://twitter.com/OccupyWisdom/status/1092603156398333953 Wall Street analysts now expect S&P 500 companies to report an average 0.8 percent decline in first quarter profits, according to FactSet.At the end of September, analysts expected first quarter profits to increase by 6.7 percent, on average.📉https://t.co/SZYKrmdydR pic.twitter.com/NSTg04Ntwf …
Buybacks were illegal throughout most of the 20th century because they were considered a form of stock market manipulation. But in 1982, the Securities and Exchange Commission passed rule 10b-18, which created a legal process for buybacks and opened the floodgates for companies …
Better get ready and fast Macro-Trend Follower. ‏ @macrotrendf Germany retail sales TANKING worst reading since 2007 when the recession hit. @PaulSommerville Germany retail sales fell 4.3% in December. The worst in eleven years. Italy Officially Slides Into Recession. The …
via Reuters: The United States slid four points lower on a global corruption index in 2018, dropping out of the top 20 countries for the first time since 2011, watchdog Transparency International said in a report that cited growing threats to …
by Michael Snyder What would our founders think if they could see us today? Every great civilization throughout human history eventually entered a period of decline, and we continue to get more evidence every single day that America’s decline is …
via upfina: The decline in the University of Michigan consumer sentiment index because of political uncertainty caused by the government shutdown and trade war as well as the stock market volatility means it’s no surprise the buying conditions for houses and …
via americanmilitarynews: Maryland voters will now be able to select candidates on their ballots who affiliate with a newly approved Socialist party for the first time in decades. The state board of elections recently certified “The Bread and Roses Party,” a …
As of right now, it has been 1,876 trading days since $SPX last saw a -5% day; the 4th longest stretch ever. @nunziato_frank wanted to know about all such days in $SPX history (going back to inception in 1923), so …
via MarketWatch: Russell 2000 is up 8.8% in the first 12 sessions of 2019 Much has been made about the performance of stocks so far in 2019. Small-cap stocks, as gauged by the Russell 2000 index RUT, +1.04% , are off to their …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wow, that was fast. Margin calls. During the ugly stock-market December, whose ugliness bottomed out on Christmas Eve, a nasty November, and the ugliest October anyone can remember, margin debt plunged by a combined $93.8 billion, …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But freight rates remain red hot. Freight shipment volume across all modes of transportation – truck, rail, air, and barge – in December declined about 1% from a year earlier, according to the Cass Freight Index, the …
via MarketWatch: PG&E’s bankruptcy would result in a default of $17 billion of its bonds If Pacific Gas & Electric Co. follows through with its bankruptcy announcement, the country’s largest utility would record the third largest default in the …
The Evidence Pours In: Poverty Getting Much Worse in America Poverty—and the stress of being poor—is killing people every single day A White House report recently proclaimed that the “War on Poverty is largely over and a success.” United Nations Ambassador Nikki Haley said …
via wbez.org: Sandra Botello moved to Chicago five years ago for what she called “the opportunities.” Now 41, she and her children had been evicted from her home in Idaho when her landlord’s property was foreclosed. The move to Chicago indeed …
by Jesse Colombo Zillow recently published its 2018 housing market report that showed that America’s $33.3 trillion housing market is up by 49% since 2012: The value of the U.S. housing market continues to climb, gaining 6.2 percent in 2018 to reach …
via upi: Jan. 3 (UPI) — At the close of 2018, the U.S. national debt was more than $2 trillion higher than when President Donald Trump took office, data released Thursday by the Treasury Department indicates. The national debt reached $21.974 trillion as of Dec. 31. …
via scmp: The monthly home price index fell 3.5 per cent to 366.3 in November, up from 2.56 per cent in October Largest fall in a single month since November 2008 Prices of lived-in homes in Hong Kong saw the sharpest …
via Bloomberg: U.S. investment-grade credit spreads are at the highest level in more than two years as the market nears the end of 2018 with the worst returns in a decade. High-grade bonds are returning -2.75 percent this year as …
by Michael Snyder Now that the year is finally over, we can officially say that 2018 was the worst year for stocks in an entire decade. Not since the last financial crisis have we had a year like this, and many …
Merry Christmas: Federal Debt Up $1.37 Trillion Since Last Dec. 25; $10,743 Per Household (CNSNews.com) – The federal government has added another $1,370,760,684,441.54 to the debt since last December 25, according to numbers published by the U.S. Treasury. On Dec. 25, 2017, …
No one knows what’s going to happen. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. Vehicle manufacturing in the UK slumped by 19.6% in November compared to the same month of 2017, amidst rising fears about a no-deal Brexit …
by DCG Strict gun control laws don’t even work during the Christmas season. From MyFoxChicago: Sun Times Media Wire – At least 23 people in Chicago were shot, one fatally, since the weekend began Friday evening. The murder occurred outside a club …
The stock market had one of the worst weeks on record. It has been one drop after another as we see the compounding effect only making matters worse. First it was the VIX in January. Then everything began to go …
by Michael Snyder Just when you thought that things couldn’t get any worse, they did. During normal times, a Friday before Christmas is an extremely boring trading session, but these are not normal times. On Friday, the Dow Jones Industrial Average …
Interactive story with headlines Data from New York TImes Archive, collected and processed using Node.js, made with JS, D3, D3-svg-annotate, image generated with FIgma. h/t codenberg
via @crossbordercap: Looking ahead, EM will outperform in 2019 and especially from 2H 2019 #Liquidity #EM here’s where the money is flowing to and from Global Liquidity Latest: Sinking Liquidity Signals Coming Debt, Trade and Currency Wars and mapped against #PMI
