Monday, October 17, 2016
Earnings hold the key to the stock market’s fate
- This Week’s Data Barrage -
Harry Dent: The Crash of 2017, Not to be Delayed Any Longer!
Jim Rickards: The Road to Ruin - Interview
Neoliberalism is creating loneliness.
Friday, October 14, 2016
HP to Cut 4,000 Jobs
Chris Hedges: The New Slave Revolt Against Free Prison Labor
Jim Rogers: Deutsche Bank Could Collapse World Financial System
The Global Hunt for Tax Revenue Comes to Social Media
Global Elites Are Getting Ready To Blame You For The Coming Financial Crash
Trump May Go Away - Those He Empowered Will Not
The Coming Oil Price Crash
As Treasuries Weaken, Storm Clouds Gather On Market's Horizon
Central Banks in Wonderland: The Coming Bond Crash
Wednesday, October 12, 2016
Tuesday, October 11, 2016
At the end of the day, massive downside ahead for stocks...
War Talk on Russian TV
Chris Martenson: Do We Really Want a War With Russia?
Charles Hugh Smith: USA 2017-2020: An Ungovernable Nation?
Catherine Austin Fitts: Slow Burn Gives Way to Controlled Demolition
The article Catherine mentioned in the video, “Crazy Man vs. Criminal,” can be here.
By Elliott Wave International
[Editor's Note: The text version of the story is below the video.]
If you have a pension, you are almost surely dependent upon [securitized loans]. ... In a major economic downturn, this credit structure will implode.
And that's exactly what happened during the 2007-2009 "mortgage-meltdown." Large banks had taken out home loans made by retail banks and mortgage brokers and resold them to others. As we know, too many of those loans were bad, and the result was the worst financial crisis since the Great Depression.
Many public pension funds have yet to recover, even after a prolonged stock market uptrend.
Wednesday, May 18, 2016
Wall Street in Holding Pattern Ahead of Fed Minutes
$VIX Set to Pop?
Big Move Coming in the SPX
The Fed Induced Net Worth Bubble Is At Unsustainable High (For the third time this century)
Mark Cuban Wars of Stock Market Disaster if Trump Wins
China's Politics: The Black Swan That Could Sink Oil Markets
US Slaps 500% Tariffs on Chinese Steel
Monday, May 16, 2016
Trump: EU HAS BEEN A DISASTER.
David Stockman: Trump will "Scare the hell out of markets...But that's ok.
Video: Jim Cramer Explains How He Manipulated Markets as a Fund Manager
Why Goldman Sachs Is Suddenly Warning About A “Large Drop” In The Market
Lee Gates Stars as Jim Cramer in Money Monster
Market's Consolidation Remains Unresolved...
...As NYSE Margin Debt Falls from All Time Peak
Cupertino's mayor urges Apple to pay more tax: 'Where's the fairness?'
Segments of the film available on YouTube and at www.brexitthemovie.com
Thursday, May 5, 2016
How China is Rebuilding the Future in the Congo
Yahoo Selling Huge Silicon Valley Site to Chinese
Intel layoffs are a hard reset for post-PC era
AMD Soars on Licensing Server Chip Technology to China
US Puts Countries with Big Surpluses on Monitoring List
China Cuts Yuan Fix in Biggest Move Since Devaluation
"China Will Be the Trigger to a Sell Off in U.S. Markets"
Asian Shares Fall on Weak China Data
China State Media Warns Trump Could Beat Hillary
See chart below:
Wednesday, May 4, 2016
Neither former Bush president will endorse Donald Trump
Politico: How Trump Can Take the White House
Barrons: How Donald Trump Can Beat Hillary Clinton
Roger Stone on Alex Jones: Trump Will Not Hesitate to Destroy Clinton
Rasmussen National Poll: Trump 41%, Clinton 39%
What the Press Is Not Talking About Bernie Beating Hillary
Lost Dream: 90% of Americans Worse off Today than the 70s
The Case for a Coming Global Recession
May 4 -- James Rickards, author of The New Case for Gold, explains the relationship between gold and the U.S. dollar and how he sees global currencies measuring up against the dollar. He speaks on "Bloomberg Markets."
On a recent vacation to the Yucatan, my friend decided to get certified in scuba diving.
I, on the other hand, prefer breathing my air above water! But I did tag along with her to one of the classes, anyway. She learned how to handle and interpret all the various diver gauges: gas pressure, submersive pressure, depth, and on.
The one feature all those indicators had in common was a bold, red line to indicate the level the diver must obey to stay out of danger.
That's when it hit me: Scuba-diving is a lot like financial markets. Investors and traders jump in -- and use an array of safety gauges to keep them on the right side of price action.
Well, at least those investors and traders who use technical market indicators. For them, those bold, red lines indicating the point of danger -- those are equivalent to the most critical component of market analysis: protective stops. The second prices cross this line, it's time to "swim back up to the surface" and safely re-adjust your position.
Saturday, April 30, 2016
Not Just Apple: China’s Smartphone Market Falls 5%
Not Just China: Global Market Shrinks for First Time Ever
But India Still Growing! Smartphone Market Up 23%
The Search for Apple's Next Big Thing
Goodbye to the 'Device': Google Shift from 'Mobile-First' to an 'AI-First' World
Google Founder's Letter 2016
The Future of Reality: VR, AR, MR. A Primer
The Untold Story of Magic Leap, The World's Most Secretive Startup
Editor's note: You'll find a text version of the story below the video.
Time and again, we've said that financial markets do what they do despite the Federal Reserve.
When the central bank raised its key rate in December for the first time since 2006, many thought that would translate into higher mortgage rates.
Instead, mortgage rates are nearly as low as they've ever been. A Feb. 12 CNBC headline reads:
Mortgage rates could cross a record low
I recently talked to a real estate agent who suggested that today's low rates meant that it's a good time to buy a house.
But a historical review and other warning signs suggest just the opposite.
First, let's review a 2014 chart and comments from bankrate.com.
It's a common belief in real estate that house prices are correlated to interest rates. ...
The problem with this belief is that, well, it's not true. In fact, there's no strong relationship between house prices and interest rates, according to [a vice president for Fannie Mae].
- US Home Ownership Slips to 48-Year Low
- US Housing Crunch: The Price Isn't Right
- SF Housing Prices Finally Starting to Drop
- Housing - At The Edge of Another Huge Cliff?
- $SPX - Are you ready?
- Taiwan Tech Firms Face Fallout From China / Apple Decline
- Woe-Mart: The Retail Giant Walmart Has Faltered
- Depression: US Suicide Rate Soars to 30-year High in Growing Epidemic Across America
Thursday, April 28, 2016
By Elliott Wave International
Walmart founder Sam Walton said:
"There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else."
Never were those words felt more acutely for those on the Walmart payroll than right now. Reason being: Over the last year, the eponymous Walmart "customer" has, indeed, taken his business elsewhere, fueling a series of epic setbacks for the retail giant:
- Store closures, layoffs, and the shuttering of its entire fleet of smaller "Express" locations across the U.S.
- A near 40% decline in its stock (WMT) before hitting bottom in November 2015
- Losing its status as the world's #1 retailer to Amazon
- And -- the sour cherry on top: The first decline in annual revenue since Walmart went public 45 years ago
In the words of a March 31 Bloomberg: It's "the end of an era for Walmart."
Which leaves one question: How the heck does a big-box behemoth go from retail victor to re-fail victim?
Well, according to the mainstream experts, the main cause of Walmart's woes are many-fold, from falling oil prices - to - China's flailing economy - to - the extinction of the brick-and-mortar store - to - the biggest baddest culprit of all, the brawny greenback:
Monday, February 1, 2016
Oil Crash Is Kicking Off One of the Largest Wealth Transfers In Human History
Switzerland Set to Vote on Guaranteed National Income of 2,500 CHF/ Month
Japan is trying to save its economy with a Jedi mind trick
Making Heads or Tails of This Market
Stockman: The End is Nigh
China's Red Ponzi on Brink of Collapse
China to Spend $100B to Become Semiconductor Superpower
The Surge in U.S. Mansion Prices Is Now Over
Sunday, January 31, 2016
I think the world economy is plunging into an unprecedented deflation recession period of shrinkage that will bring down all the markets around the world that have been vastly overvalued as a result of this massive money printing and liquidity flow into Wall Street and other financial markets.
The CNBC interview referenced can be found here:
By Elliott Wave InternationalAs the books were closed on 2015, the Chicago Tribune reported:
"After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother?
"The Standard & Poor's 500 finished the year down 0.73%... The DJIA suffered its worst year since the 2008 financial crisis, declining 2.2%... Only the Nasdaq ended the year up... 5.7%...
"...energy stocks as a group plunged 24%, and individually, many fell 30 or 40%. The energy plunge hurt unsuspecting retirees as master limited partnerships, or MLPs, dropped 36% -- a shock since analysts previously claimed that pipelines and other infrastructure in MLPs would be immune to an energy crash. Another retiree favorite for dividends -- utility funds -- lost 9% in 2015, according to Morningstar.
"Bond funds weren't comforting either. The average bond fund investing in a broad mix declined about 2% … …junk bond funds have declined 4% on average, according to Morningstar."We're only a few trading days into 2016 -- yet, so far, the new year isn't looking any more promising. Right now, you may be scrambling to make sense of the DJIA's huge tumble on Monday. (It was, in fact, the Dow's worst intraday start to the year since 1932 and worst full first day start since 2008.)
Bernanke: Fed Likely to Use Negative Rates, Too
Beware: Mining Industry in Collapse - Martin Armstrong
Is the Correction Over or is it a Primary Bear Market?
Michael Pento: Global Second Great Depression On The Way
THE ESTABLISHMENT SPEAKS: NYT Endorses Hillary for Democratic Nomination
America 2016 and the Politics of Rage: We're mad as hell and not going to take it anymore!
Can Stock Values Simply Disappear? Yes.
By Greg Robb | MarketWatch
Ben S. Bernanke, former chairman of the U.S. Federal Reserve, is now open to the use of negative rates.
MarketWatch) — The Federal Reserve should consider using negative rates to counter the next serious downturn, said former chairman Ben Bernanke in an interview with MarketWatch.
“I think negative rates are something the Fed will and probably should consider if the situation arises,” Bernanke said in the interview last month.
Former Fed Vice Chairman Alan Blinder urged the Fed during the financial crisis to set negative interest rates for overnight deposits — essentially charging banks a fee to park funds at the central bank.
Blinder argued this would force banks to find more productive uses for the money.
Bernanke and his colleagues opted not to push interest rates below zero, worried that the costs outweighed the benefits.
Friday, January 29, 2016
From Martin Armstrong's Blog:
The mining industry is collapsing. Everyone expanded dramatically because they never expected China to stop buying. The loading up of debt is likely to get many companies in trouble. We may see the entire industry downgraded on a wholesale basis. Those looking at the miner stocks should pay attention to the forecast on each one in Socrates. Some of the biggest will fall.Beware, beware. You have been warned.
Wednesday, January 27, 2016
From Martin Armstrong's Blog:
In the “Cycle of War” report, we mentioned in passing our models on plagues. We reported that this cycle nearly matched the war cycle coming in at 25.15 years. Unfortunately, this has turned up also in 2014. We warned that the Ebola virus was in a bullish trend and should reach a major event in 2019. Interestingly enough, the places with the least impact should be New Zealand and Scotland.
Tuesday, January 26, 2016
Monday, January 25, 2016
China Capital Outflows Rise to Estimated $1 Trillion in 2015
France Declares an Economic State of Emergency
How the Homeless Population Is Changing: It's Older and Sicker
Look Out! Oil company defaults are spiking
Norway's Biggest Bank Calls To Ban Cash
Can Stock Values Simply Disappear" Yes.
By Elliott Wave International
On Wednesday (Jan. 13) CNBC reported that,
"Almost $3.2 trillion has been wiped off the value of stocks around the world since the start of 2016, according to calculations by a top market analyst. U.S. stocks are now off $1.77 trillion, while overseas stocks are down $1.4 trillion."Stocks rallied on Thursday -- but then tanked even harder on Friday, which probably made that $3.2 trillion figure even bigger.
But how can that be? Doesn't money simply move from one asset class to another?
Our readers have asked us this question before -- especially during the 2007-2009 financial crisis, when 54% of the Dow's value got erased in just 18 months.
You may be wondering this, too. Well, here's an answer -- from Ch. 9 of Bob Prechter's New York Times Business bestseller, Conquer the Crash:
Sunday, January 24, 2016
David Stockman joined CNBC’s Fast Money to discuss why we are at peak debt, and could be headed for a recession.
Source: Bubblevision, via David Stockman's Contra Corner.
Friday, January 22, 2016
by Evelyn Cheng | CNBC | Friday, 22 Jan 2016
U.S. stocks closed higher Friday, for their first positive week in four, helped by a recovery in oil from multiyear lows and hopes of stimulus overseas.
The S&P 500 closed 2 percent higher, above the psychologically key 1,900 level, with energy gaining 4.3 percent to lead all sectors higher. Oil topped $32 to settle at its highest since Jan. 8.Video below:
Wednesday, January 20, 2016
PARIS — French President Francois Hollande pledged Monday to redefine France’s business model and declared what he called “a state of economic and social emergency,” unveiling a 2-billion-euro ($2.2 billion) plan to revive hiring and catch up with a fast-moving world economy.