Best of the Week
Most Popular
1. Next Financial Crisis Is Already Here! John Lewis 99% Profits CRASH - Retail Sector Collapse - Nadeem_Walayat
2.Why Is Apple Giving This Tiny Stock A $900 Million Opportunity? - James Burgess
3.Gold Price Trend Analysis - - Nadeem_Walayatt
4.The Beginning of the End of the Dollar - Richard_Mills
5.Stock Market Trend Forecast Update - - Nadeem_Walayat
6.Hindenburg Omen & Consumer Confidence: More Signs of Stock Market Trouble in 2019 - Troy_Bombardia
7.Precious Metals Sector: It’s 2013 All Over Again - P_Radomski_CFA
8.Central Banks Have Gone Rogue, Putting Us All at Risk - Ellen_Brown
9.Gold Stocks Forced Capitulation - Zeal_LLC
10.The Post Bubble Market Contraction Thesis Receives Validation - Plunger
Last 7 days
United States Facing Climate Change Severe Water Stress - 10th Dec 18
Waiting for Gold Price to Erupt - 10th Dec 18
Stock Market Key Support Being Re-Tested - 10th Dec 18
May BrExit Deal Tory MP Votes Forecast, Betting Market Analysis - 10th Dec 18
Listen to What Gold is Telling You - 10th Dec 18
The Stock Market’s Long Term Outlook is Changing - 10th Dec 18
Palladium Shortages Expose Broken Futures Markets for Precious Metals - 9th Dec 18
Is an Inverted Yield Curve Bullish for Gold? - 9th Dec 18
Rising US Home Prices and Falling Sales - 8th Dec 18
Choosing Who the Autonomous Car Should Kill - 8th Dec 18
Stocks Selloff Boosting Gold - 8th Dec 18
Will Weak US Dollar Save Gold? - 7th Dec 18
This Is the End of Trump’s Economic Sugar High - 7th Dec 18
US Economy Will Deteriorate Over Next Half Year. What this Means for Stocks - 7th Dec 18
The Secret Weapon for Getting America 5G Ready - 7th Dec 18
These Oil Stocks Are a Ticking Time Bomb - 7th Dec 18
How Theresa May Put Britain on the Path Towards BrExit Civil War - 7th Dec 18
How easy is it to find a job in the UK iGaming industry? - 6th Dec 18
Curry's vs Jessops - Buying an Olympus TG-5 Tough Camera - 5th Dec 18
Yield Curve Harbinger of Stock Market Doom - 5th Dec 18
Stock Market Crashed While the Yield Curve Inverted - 5th Dec 18
Global Economic Outlook after Trump-Xi Trade War Timeout - 5th Dec 18
Stock Market Dow Plunge Following Fake US - China Trade War Truce - 5th Dec 18
Subverting BREXIT - British People vs Parliament Risks Revolution - 5th Dec 18
Profit from the Global Cannabis Boom by Investing in the Beverage Industry - 4th Dec 18
MP's Vote UK Government Behaving like a Dictatorship, in Contempt of Parliament - 4th Dec 18
Isn't It Amazing How The Fed Controls The Stock Market? - 4th Dec 18
Best Christmas LED String and Projector Lights for 2018 - Review - 4th Dec 18
The "Special 38" Markets You Should Trade ebook - 4th Dec 18
Subverting BrExit - AG Confirms May Backstop Deal Means UK Can NEVER LEAVE the EU! - 3rd Dec 18
The Bottled Water Bamboozle - 3rd Dec 18
Crude Oil After November’s Declines - 3rd Dec 18
Global Economic Perceptions Are Shifting - Asia China Markets Risks - 3rd Dec 18
Weekly Charts and Update on Equity Markets, FX Trades and Commodities - 3rd Dec 18
TICK TOCK, Counting Down to the Next Recession - 3rd Dec 18
Stock Market Key (Short-term) Support Holds - 3rd Dec 18
Stocks Bull Market Tops Are a Process - 3rd Dec 18
More Late-cycle Signs for the Stock Market and What’s Next - 3rd Dec 18
A Post-Powell View of USD, S&P 500 and Gold - 2nd Dec 18
Elliott Wave: SPX Decision Time Is Coming Soon - 2nd Dec 18
Junior Gold Stocks Q3’18 Fundamentals - 1st Dec 18
Little-Known BDC Stocks Thrive Amid Rising Rates and Earn Investors +7% Yields - 1st Dec 18
Ray Dalio: This Debt Cycle Will End Soon - 1st Dec 18
Bank of England Warns UK House Prices 30% BrExit Crash! - 1st Dec 18
Gold Fundamentals Improving but Not Bullish Yet - 30th Nov 18
What the Oil Short-sellers and OPEC Don’t Know about Peak Shale - 30th Nov 18
Global Economic Perceptions Are Shifting Imnplications for Stock Market - 30th Nov 18
The US Economy is Getting Worse. What this Means for Stocks - 30th Nov 18
Trailblazers Leading the Way in Online Reputation Management - 30th Nov 18
The Shift in Trend from Physical Printers to Online Printers - 30th Nov 18
UK House Prices 2019 No Deal BrExit 30% Crash Warning! - 30th Nov 18
Stocks Rallied, New Uptrend? - 29th Nov 18
The Fed Will Probably Stop Hiking Rates in 2019. What’s Next for Stocks - 29th Nov 18
Love. Fear. Inflation. A Precious Metals' Trifecta - 29th Nov 18
GBP/USD – Double Bottom or Further Declines? - 29th Nov 18
Stock Market Santa Rally Still a GO to Dow 27,000? - 29th Nov 18
UK Government and Bank of England BrExit Economic Armageddon Propaganda - 29th Nov 18
Why the Crude Oil Price Collapsed to $50 - 28th Nov 18
Gold Joins the Decline – the Earth is Shaking - 28th Nov 18
Watch This Picture As Asset Prices Fall - 28th Nov 18
GE’s Stock Price Crash Holds an Important Lesson About Investing - 28th Nov 18
5 Rules for Successful Trading - 28th Nov 18
Dollar Trend Imposes: EURUSD to Fall to 1.11 - 28th Nov 18
Gold, Original Money, Fiat Money - 28th Nov 18
When Will the Stocks Bull Market End? - 28th Nov 18
Looking ahead: Why the Smart Money is Investing in Green Energy - 28th Nov 18
The Yield Curve Will Invert Soon. What’s Next for the Stock Market - 27th Nov 18
Silver Trading and the Hands of a Broken Clock - 27th Nov 18
What's Inside SMIGGLE Christmas Advent Calender 2018 - 27th Nov 18
Investing in Recession Proof Trailer Parks - 27th Nov 18
The Advantages and Disadvantages of Debt Consolidation - 27th Nov 18
GDX, This Most-Hated Stock Could Return You 140% in Just a Few Months - 27th Nov 18

Market Oracle FREE Newsletter

How You Could Make £2,850 Per Month

The Rollercoaster Journey of the Global Stock Markets Today

Stock-Markets / Stock Markets 2015 Sep 15, 2015 - 12:50 PM GMT

By: Rodney_Johnson

Stock-Markets As I walked through Lowe’s last weekend, I was struck by the presence of Halloween decorations. At the risk of sounding like a cranky old man, I couldn’t help but tell my wife: “It’s not even September yet!” And then I thought how 2015 seems to be flying by. Maybe I actually am a cranky, getting-old, man.

I have the same take as I read through the financial papers. Things are moving at light speed. From crashing equity markets to falling commodity prices, there’s a lot to contemplate at one time.


The U.S. economy isn’t crashing (yet), but growth is modest. Median income remains stagnant, while costs beyond energy are rising. To add, the Fed might raise rates next week for the first time in nine years, putting fixed income investors in a quandary.

Over in China, the equity market is flaming out and investors are leaving the country in droves. The yuan requires daily CPR from the government. While the country’s economy isn’t in reverse, it is slowing down.

The problem is that the old saying about the U.S. now applies to the Middle Kingdom as well. When that country sneezes, the rest of the world catches cold.

Indeed, several economies that have been red hot are suddenly cool to the touch. Canada and Australia, heavy commodity exporters, are looking for different customers as China scales back its orders. They’re left with the difficult task of replacing demand from the second largest economy on the planet. That will be hard, if not impossible.

Germany, which enjoyed shipping BMW’s, Audi’s, and a myriad of other goods to China has the same problem. So does South Korea.

The pace of change and seismic shifts in the global economy and world financial markets is enough to make your head spin. It’s time to take a breath.

As we leave the summer behind and move toward the fourth quarter, now is the time to take stock of where we are, and plan for the months and years ahead. Our 2015 Irrational Economic Summit couldn’t come at a better time.

Later this week in Vancouver, Harry Dent and I have the privilege of sharing the main stage with the likes of Lacy Hunt and David Stockman. Along with presentations from the many other industry and investing experts that are joining us, I’m looking forward to an information-packed conference to help separate the signal from the noise. Attendees can expect clear analysis and forecasts from the group instead of the normal “it-could-go-up-if-it-doesn’t-go-down” conclusions drawn by so many in the field.

As the name of our meeting suggests, we keep the notion that economic behavior is irrational front and center.

In both daily consumer choices and investor sentiment, ours is a world that at its core is driven by individual choices. Central banks can bend the lines, but they can’t change the choices we make.

Exhibit A is the $4 trillion of new money the Fed created through QE. According to any typical economic model the U.S. economy should be exploding, driven by cheap money. But it’s not.

Instead, consumers are holding back, moving at a pace and in a direction determined by their own needs, not the financial machinations of the central bank. How this plays out in the months and years to come is always a main topic when we get together.

Speaking of noise, over the next year or so we’ll be bombarded with political double-speak. Given the amount of money the candidates are raising, we won’t be able to escape their ads.

This makes the presentation by our Keynote Speaker, P.J. O’Rourke, particularly timely. With his biting humor and insight, I’m sure he’ll give us some ideas to chew on, as well as an entertaining take on the political hurdles we face today.

So for all of you joining us in a few days, I look forward to seeing you! I expect the presentations, conversations, and weather to be spectacular.

For those who couldn’t make it, all is not lost! While you won’t get the benefit of Vancouver in September, you can still get the benefit of the information through our LIVE recording of the event. Like I said, with all the economic obstacles we face, the event couldn’t come at a better time.

Rodney

Follow me on Twitter ;@RJHSDent

By Rodney Johnson, Senior Editor of Economy & Markets

http://economyandmarkets.com

Copyright © 2015 Rodney Johnson - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Rodney Johnson Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules