equity vol and cdx na ig starting to turn up pic.twitter.com/VsblsGDhaT — Alastair (@StockBoardAsset) March 14, 2019 There has been no pickup in China's credit creation YoY. This leads the economic data by 9-12 months. $FXI pic.twitter.com/RgBAQQgTb2 — Teddy Vallee …
by Chris Kimble The NYSE Index is facing a very important price level as Momentum and the MACD are at the highest levels in a year! The 9-week rally from the late December lows has the NYSE index facing the October, November, …
by Michael Snyder Virtually every piece of hard economic data is telling us that the U.S. economy is slowing down dramatically. Many of the pundits have been warning that we could officially enter recession territory later this year or next …
by John Ward Bland consensus is a bad thing. But utilitarian consensus would be vastly preferable to the opposing armed camps of ideological nonsense we see before us today. ¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤ I do not consider myself to be a progressive. In the …
by Martin Armstrong At the current federal minimum wage of $7.25 per hour, working 40 hours per week, 52 weeks per year, yields an annual income of only $15,080. This is below the annual poverty line. It also reflects something that most people …
BY PATRICK WATSON Actions speak louder than words. That’s why surveys asking people what they think about the economy aren’t always useful. Their actions might not match their words. Of course, attitudes are important because they guide our decisions, even though we don’t …
https://twitter.com/hks55/status/1092822892117676032 Fed rate cuts during the 2000-2002 and 2007-2009 collapses. When investors are inclined toward risk-aversion, safe liquidity is a desirable asset rather than an inferior one, so creating more of the stuff doesn't durably provoke risk-taking. Chart h/t @CoryLVenable …
via thediplomat: At a meeting in July 2018, the Chinese Communist Party’s Politburo analyzed the current economic situation and proposed stabilizing employment, finance, foreign trade, and investment to tackle external changes and ensure stable economic operations effectively. Within that list, the …
by Simon Black Mexico is in the midst of a crisis again. And no, it doesn’t have anything to do with the border wall that caused the US government to be hopelessly deadlocked for more than a month. Or the economy. …
by Jesse Colombo OilPrice.org published a piece this week called “Warning Signs Flash For U.S. Shale” – The shale tidal wave may finally be starting to ebb. The largest oilfield services company in the world says that shale drilling activity …
HuffPost began laying off employees Thursday morning, one day after its parent company, Verizon Media, announced it would cut 7 percent of its workforce. About 750 Verizon Media employees were expected to lose their jobs. That announcement came more than …
Strategic News ‏ @StrategicNews1 23 minHace 23 minutos Más Uprising in a barracks of #Caracas of 40 soldiers, the soldiers said they were “opposed to the regime” and declared wanting to “restore the constitutional order”, before being arrested by the …
via Yahoo: (Bloomberg) — Apple Inc. will cut back on hiring for some divisions after selling fewer iPhones than expected and missing its revenue forecast for the holiday quarter, according to people familiar with the matter. Tim Cook, Apple’s chief …
earnings season is starting:– Apple guidance cut– Macy's guidance cut– Delta guidance cut– Ford firing thousands– Jaguar firing thousands — zerohedge (@zerohedge) January 10, 2019 Apple cut revenue guidance (for the first time in 16 years) Macy’s cut profit guidance, sending …
CDX NA IG could be starting to bottom – this is bad for the stock market pic.twitter.com/H2EwZbr1I2 — Alastair (@StockBoardAsset) January 9, 2019 CDX NA IG (inv.) versus $SPX pic.twitter.com/Qo92OOgLIY — Alastair (@StockBoardAsset) January 9, 2019 CFOs around the world …
Alasdair Macleod explains why he believes meltdown was predictable and what you can do to at least in part protect yourself against the carnage that lays ahead. AC
by AnonDidNothingWrong Italy populist leaders back France ‘yellow vest’ protests ROME: The two leaders of Italy’s ruling populist coalition Monday spectacularly threw their support behind the “yellow vest” protesters roiling neighboring France. “Yellow vests, do not weaken!” Deputy Prime Minister …
by Daisy Luther We weren’t expecting to see a loss of food stamp benefits until the end of January, but a grocery store in Indiana reported they are unable to process EBT payments. In Clay City, Indiana, the local IGA …
Former CIA Officer and whistleblower Kevin Shipp predicts a big reset of the U.S. dollar coming sooner than later. Shipp says, “Yes, I do. It’s going to be horrible if the dollar loses its reserve status. I think they will …
via howtogeek: The next version of Windows 10 will support passwordless Microsoft accounts. Microsoft will just text a code to your phone number when you sign in. It’s all part of Microsoft’s stated goal: “a world without passwords.” This feature is available …
via businessinsider: In the life of a decade-long credit cycle, the global economy’s current condition shows it’s firmly heading toward a downturn, according to a new analysis from Nomura. A single cycle is historically a decade long. The beginning is marked …
via fox5dc: WASHINGTON (AP/FOX 13) – A new rule going into effect January 1, 2019, will require hospitals to post a list of their standard prices online and make electronic medical records more readily available to patients. The new rule, called the Inpatient Prospective Payment …
Regarding momentum, did $SPX just crash? pic.twitter.com/dpVecmT7QY — Alastair (@StockBoardAsset) December 22, 2018 https://twitter.com/OccupyWisdom/status/1076519512407769088 It seems like Fed Chair Powell insists that QT doesn't matter, but on our models liquidity matters! (see chart – ouch!) Our last FX weekly this …
David Rutz for the Washington Free Beacon reports, Rep.-elect Ilhan Omar (D., Minn.) told a podcast Monday that House Democrats are “getting closer every single day” to believing they should start impeachment proceedings against President Donald Trump. https://www.youtube.com/watch?v=zY9sziNd3FU Read More/Source/Credit/FairUse: …
On November 15th the French state ran out of money Three weeks ago, on Nov 15, a ragtag army of protesters dressed in the yellow hi-visibility jackets that are compulsory for French motorists were preparing to travel to Paris for …
Credit-card delinquencies, application rejections, and involuntary account closures are all on the upswing, according to a report from the Federal Reserve Bank of New York. The Fed says these developments are “potentially concerning” given the strength of the economy and …
by Michael Snyder Optimism can be a very powerful thing. For a long time Americans believed that things would get better, and that caused them to take action to make things better, and that actually resulted in things moving in …
By Harry Dent I just got back from Australia… A five-city tour: Sydney, Perth, Melbourne, Adelaide, Brisbane… I was gone for 11 days… eight on the ground. And man! What a trip. Never mind the endless travelling or the horrific …
There are few things these days which unite liberals and conservatives, but according to a new survey, a growing dislike and distrust of social media companies is one of them. Across the political spectrum, dissatisfaction with sites like Facebook and …
global slowdown is coming pic.twitter.com/76WjQdNNC3 — Alastair (@StockBoardAsset) November 19, 2018 Morgan Stanley Calls It: "We Are In A Bear Market" https://t.co/MHNd8yczng — zerohedge (@zerohedge) November 19, 2018 US High Yield credit spreads move up to 418 bps, widest since …