Wednesday, January 25, 2017
The Yoke Of Stupidity Is Strangling America / Politics / US Politics
By: Barry_M_Ferguson
California Governor Brown says the state budget deficit is growing and one of the reasons is the minimum wage increase that state voters just approved. Duh! State government worker pay is tied to minimum wages and as minimum wages go up, so too do government wages. That means the state government has to increase expenses and that calls for even higher taxes. Those extra taxes might be hard to raise as survey out revealed that in states and municipalities that elected to raise minimum wages, 75% of business respondents reported they were cutting back on hours and employees as a result. Duh! Can humans get any stupider? From my last post, the governor and the voters should have listened to the smartest man in California, Simon Salazar.
Wednesday, January 25, 2017
We Could See US Job Creation Fall off the Cliffs in the Months Ahead / Economics / Employment
By: Harry_Dent
Let’s do a quick thought experiment…Imagine you’ve got two people in the workforce. Let’s say one is 40 and the other 65.
When both are gainfully employed, the unemployment rate is 0%. We’re enjoying full employment within the labor pool.
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Wednesday, January 25, 2017
Does Trump Have a Magic Wand? I Simply Don’t Buy It! / Politics / US Politics
By: Harry_Dent
As Trump was inaugurated, it seems most people are feeling better about the economy. Even a more liberal analyst said yesterday in an interview that he thought Trump should raise the minimum wage to $15 to stimulate demand!Seriously?!
A Bernie Sanders, far-left strategy in a Republican Congress?
How delusional can you get?
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Tuesday, January 24, 2017
How to Profit from Trumponomics / Stock-Markets / Financial Markets 2017
By: The_Gold_Report
While Donald Trump's election has altered a number of aspects of the economy, investors cannot ignore economic trends that were in place before the election, says Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management. In this interview with The Gold Report, he discusses those trends and how they may be changed by Trump's election, why he is bullish on gold and which sectors he expects to thrive in the Trump era.
The Gold Report: 2017 will be a year of change. In the early days of the Trump administration, what should investors be focusing on?
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Tuesday, January 24, 2017
2017’s Real Milestone, Or Why Interest Rates Can Never Go Back To Normal / Interest-Rates / US Debt
By: John_Rubino
Forget about NAFTA or OPEC or TPP or crowd size or hand size or any other acronym or stat or concept that obsesses the financial press these days. Only two numbers actually matter.
The first is $20 trillion, which is the level the US federal debt will exceed sometime around June of this year. Here’s the current total as measured by the US Debt Clock:
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Tuesday, January 24, 2017
Stock Market Three Peaks and a Domed House Pattern Revisited / Stock-Markets / Stock Market 2017
By: Ed_Carlson
The 3PDh pattern of 2014-2016 appears to have failed. After a textbook, five-wave pullback (first floor roof/points 15-20) in April-June 2016, the Dow shot up in a vertical fashion fulfilling Lindsay's description of the 2nd floor wall (points 20-21). That was followed by a small cupola or head-and-shoulders top with the supposed bull market top arriving on 8/15/16. The following sell-off should have reached the bottom of the Separating Decline (February lows) at a minimum. As we all know, rather than experiencing a bear market, the Dow found a low on Election Day and the rally to new bull market highs has been named the "Trump Bump". But appearances can be deceiving...
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Tuesday, January 24, 2017
US Dollar may be our guide for the markets / Stock-Markets / Financial Markets 2017
By: Anthony_Cherniawski
In keeping our eyes on the USD, we can ascertain the moves of the rest of the market. USD futures declined to 99.88 in overnight trading, but
retraced to 100.40 at 6:00 am., a 28% retracement of its last decline. Since that decline was clearly impulsive while the others were not, I am labeling the first two thrusts down with an A, while the bounce was a B Wave. We may have just seen Wave [i] of C, while Wave [ii] appears to be in progress. It has retraced 28% of the decline thus far and is easing back down.
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Tuesday, January 24, 2017
UK Current Account Sweeteners That Can Turn Sour / Personal_Finance / Current Accounts
By: MoneyFacts
Current accounts can offer some fantastic perks for switchers or savers, but if consumers failed to grab a top deal last year they would be disappointed to know that some banks have clawed back their perks.
Additionally, using the overdraft facility on some of these accounts over a long period can turn upfront cash sweeteners quite sour. The Current Account Switch Guarantee is well established, following its launch in 2013, but the latest research by Moneyfacts.co.uk can reveal that cash switching incentives, which could be a big enticement to switch, are in fact being cut down.
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Tuesday, January 24, 2017
Stock Market Still Vulnerable for a Pull Back / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
We are in TD 52 of the ten week cycle low due 50 TD’s 7.5 TD’s. The smaller 8/16 TD low is due ideally on January 25th, but could extend into January 27/31. The 27th has Venus squaring Saturn, which usually means a reversal bottom 2 TD’s. The new moon is due on the 28th.
The intermediate term still looks positive to me and should continue into the summer. There should be a period of weakness in Feb-Mar 2017, but overall, I doubt it will amount to much.
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Tuesday, January 24, 2017
The Deep State in the Age of Trump / Politics / Intelligence Agencies
By: BATR
Politics as usual, especially the party version of Republicans and Democrats is the latest endangered species to hit the bone yards of extinction. Now, that does not mean that competing power factions have all merged into a collegial stew of some imaginable melting pot. No the literal power behind the government that embeds the deepest recess of manipulated reality still maintains and uses their influence and coercion force to remain in control. What actual effect Donald Trump will have to break the connections that keeps the deep state in charge can only be judged with the passage of time. Some contend that Trump is actually an integral component of an elitist fraternity of financial magnates that sit at the table of the deep state.
Tuesday, January 24, 2017
Breaking News: The Death of Silicon Solar Cells / Companies / Solar Energy
By: OilPrice_Com
Dear Reader,
Please view this short video immediately.
It will alert you to an urgent breaking news story we're tracking that could completely disrupt the entire energy sector, impacting every oil & gas company and all alternatives from wind to solar.
Tuesday, January 24, 2017
The Last Time This Happened, Biotech Stocks Plunged by 50% / Companies / BioTech
By: John_Mauldin
BY PATRICK WATSON : “They’re getting away with murder,” said Donald Trump at last week’s epic news conference.
No, he didn’t mean Russian hackers. He was talking about red-blooded American drug companies.
Trump went on: “Pharma has a lot of lobbyists and a lot of power, and there is very little bidding. We’re the largest buyer of drugs in the world, and yet we don’t bid properly, and we’re going to save billions of dollars.”
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Tuesday, January 24, 2017
The Future of Pharma In The Age Of Trump / Companies / Healthcare Sector
By: John_Mauldin
BY PATRICK COX : Last week, Donald Trump complained about drug prices in a press conference. Drug companies, he said, are “getting away with murder.” During that presser, pharma and biotech stocks lost over $20 billion in value.
Investors should have learned an important lesson. They probably didn’t.
Trump’s targeting of drug sellers was not a fluke. Hillary Clinton's "price gouging" tweet last September had the same type of impact on markets.
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Tuesday, January 24, 2017
Fed Monetary Policy Is Impotent Against These Trends / Interest-Rates / US Bonds
By: John_Mauldin
Chris Wood of CLSA has a marvelous newsletter called, aptly, GREED & fear. He began his January 5 issue talking about bond yields possibly bottoming out.
For perspective, he starts with this long-term view of the 10-year US Treasury yield.
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Tuesday, January 24, 2017
Will Trump Usher In an Era of Sound Money? / Currencies / Fiat Currency
By: MoneyMetals
Now that Donald Trump has been sworn in, Americans will start getting some glimpses of what his presidency actually means.
Here are some educated guesses of what to expect when it comes to the dollar and sound money issues, based on what we know before the kick-off of Trump's administration.
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Tuesday, January 24, 2017
How Bond Market Investors Were Fooled Twice / Interest-Rates / US Bonds
By: EWI
The Commercials and Large Speculators are routinely on the opposite sides of trades
Most investors, including large groups of professional money managers, extrapolate financial trends into the future. So they're often completely caught off guard when a trend changes.
[Editor's Note: The text version of the story is below.]
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Tuesday, January 24, 2017
Gold price to 2 month high as fiery Trump declares New American Order / Commodities / Gold and Silver 2017
By: GoldCore
– ‘Trumponomics’: Politics and economic policy in 140 characters
– The ‘intelligence’ according to Trump
– Trump, Putin and Russia – the great bromance
– Trump – Bull in a China shop
– Trade and currency wars with China and other nations
– Trump – Fan of gold and golden tweets
– Conclusion – Trump may be the ‘Golden Ticket’
Tuesday, January 24, 2017
Why Gold Is Oddly Looking Bullish / Commodities / Gold and Silver 2017
By: Nicholas_Kitonyi
The price of gold appears to be on yet another homerun after eight weeks of decline. The price of the yellow metal has been on an upward trending movement since December 23, 2016 amid the growing uncertainty on the potential impact of President Donald Trump’s policies on the stock market.Since the turn of the year, the US stock market has exhibited mixed reactions to Trump’s pre-and-post inauguration period, with America’s 45th president’s activity swinging the market up and down on a weekly basis.
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Tuesday, January 24, 2017
EURO, GBP, AUD, JPY, CAD C.O.T Reports / Currencies / Forex Trading
By: Enda_Glynn
The Commitments of Traders Report is issued by CFTC.
It reports all open positions in futures markets of three main groups of traders:
Commercial Traders – Hedgers
Non-Commercial Traders – Money Managers
Non-Reportable – Retail market
The report breaks down each Tuesday’s Open Interest and gives us a powerful view on what exactly the big guys have been doing in the marketplace and what their plans might be.
It is issued every Friday and includes data from Tuesday to Tuesday. The three days prior to the release date are not included.
This is an essential tool for gauging long term sentiment in futures markets.
Monday, January 23, 2017
Building Societies are Winning the Mortgage Interest Rate War / Interest-Rates / Mortgages
By: MoneyFacts
With competition still fierce in the mortgage market and many banks claiming to launch the lowest products ever on their records, many borrowers could assume that the mortgage rates from these providers will be significantly lower than those offered elsewhere. However, Moneyfacts.co.uk research shows that building societies are the winners when it comes to the mortgage rate war.
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