Tuesday, December 04, 2018
The Debt Great Reset Is Coming / Interest-Rates / US Debt
By: John_Mauldin
The US government on-budget deficit was $100.5 billion in October. It was $63.2 billion in the same month a year earlier. I see little hope it will reverse.There is no appetite in Congress or the public for lower spending. Nor will we see the kind of tax policy changes that would generate more revenue.
Federal debt has grown with little complaint (except from a few of us curmudgeons) because it was mostly painless over the last decade.
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Tuesday, December 04, 2018
The Saudi Dilemma: To Cut Or Not To Cut / Commodities / Crude Oil
By: OilPrice_Com
To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year’s December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels daily, including from Russia, to reverse the free fall of oil prices. At the time, it worked because everyone was desperate. Now, many OPEC members are both desperate while not yet recovered from the 2014 blow. Saudi Arabia is not an exception.
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Tuesday, December 04, 2018
MP's Vote UK Government Behaving like a Dictatorship, in Contempt of Parliament / Politics / BrExit
By: Nadeem_Walayat
Theresa May's government is now in a full blown crisis following the MP's today voting to find UK Government Ministers in contempt of Parliament for the first time ever, which is basically MP's sending a message to the Government that they are no longer acting in a democratic manner, instead are acting as a dictatorship! In contempt over the failure to publish the full legal advice given to the Government by the Attorney General, Geoffrey Cox on the consequences of the "May Backstop BrExit Deal". This is an unprecedented event that put's Theresa May's government let alone her premiership teetering on the brink of collapse in the run down to the Vote on her Brexit Deal on the 11th of December.
Tuesday, December 04, 2018
Golds Xmas Gift / Commodities / Gold and Silver 2018
By: readtheticker
Three things have tweaked the fundamentals for gold.
1) Bitcoin is not attracting the hot cash, unlike 2016.
2) Fed's Powell dovish switch, now less expectations for interest rate hikes in 2019.
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Tuesday, December 04, 2018
Isn't It Amazing How The Fed Controls The Stock Market? / Stock-Markets / Stock Markets 2018
By: Avi_Gilburt
I wonder how many of you had your brains in gear when following the action in the market this past week. For those that did not, let’s review what happened.
First, the market broke out “bigly” on Wednesday, and every media source and investor was absolutely certain that it was due to the Fed chairman’s speech (even though he really said nothing new, as future rate decisions were always going to be data driven). Yet, the next day, the Fed minutes came out that clearly noted they are continuing to raise rates. And, what did the market do on that information? Of course, it rallied further.
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Tuesday, December 04, 2018
Best Christmas LED String and Projector Lights for 2018 - Review / Personal_Finance / Reviews
By: Anika_Walayat
Here's a video review of some of the best Christmas lights on the market for Christmas 2018. In this video we take a look at a variety of lights from the traditional string lights, to the more fancy icicle lights right through to the latest tech, a couple of animated projector lights.
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Tuesday, December 04, 2018
The "Special 38" Markets You Should Trade ebook / InvestorEducation / Learn to Trade
By: Submissions
"Special 38" Markets You Should Trade
FREE eBook on profitable trading
Monday, December 03, 2018
Subverting BrExit - AG Confirms May Backstop Deal Means UK Can NEVER LEAVE the EU! / Politics / BrExit
By: Nadeem_Walayat
Britain's political and corporate establishment are determined to subvert the settled will of the British people who voted to LEAVE the European Union, which supposedly is now to be achieved via the May 'backstop deal'. A plan that Britain's Attorney General today confirmed would mean that Britain could NEVER actually LEAVE the European Union without the EU's permission, which as Donald Tusk late last work reminded the UK with his statement of there being a stark choice of either the "May Deal or NO Brexit". Which means that the EU is determined to KEEP Britain shackled to the European super state in perpetuity.
Monday, December 03, 2018
4 Commodities Ripe for Opportunity -- NOW / Commodities / Commodities Trading
By: EWI
Dear Reader,
Trading commodities is tough business: It's hard enough to spot a good setup, harder still to time pulling the trigger.
Our friends at Elliott Wave International understand this reality -- so, they've put together a free resource for you: They call it, "4 Commodities Ripe for Opportunity -- NOW."
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Monday, December 03, 2018
Trade War Truce Won’t Fix China / Economics / China Economy
By: Michael_Pento
The Main Stream Financial Media would love to have investors believe that the recent problems in the global equity market are all about a trade war with China. Therefore, everything can be made right just because Trump shook hands with Xi Jinping at the G-20 meeting in Argentina. But the truth is, China’s problems are structural in nature--resulting from a centrally-planned economy that goads its citizenry into pre-fabricated urban areas in order to manufacture a pre-determined rate of growth. Nevertheless, what the Chinese government has actually accomplished is to produce a dystopia; one that was erected upon the largest percentage increase in debt the world has ever witnessed.
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Monday, December 03, 2018
Will 2019 Bring a Free and Fair Gold & Silver Market? / Commodities / Gold & Silver 2019
By: MoneyMetals
JPMorgan Chase and a number of other bullion banks are in a whole lot of trouble. Evidence detailing years of rigging markets and swindling clients is piling up.Deutsche Bank pleaded guilty two years ago and forked over hundreds of thousands of documents. John Edmonds, a former JPMorgan trader, entered his own guilty plea last month and turned state’s evidence.
The carefully cultivated system of captured regulators may not help the banks this time.
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Monday, December 03, 2018
The Bottled Water Bamboozle / Commodities / Water Sector
By: Richard_Mills
Bottled water is now the most consumed drink sold in a plastic bottle in the United States. The fact that North Americans don’t think twice about paying up to $5 for a bottle of H2O has allowed Nestle Waters - the largest bottled water company in the world - to sell $7.4 billion worth in 2016, and that was just for water, one of dozens of products from chocolate to baby food marketed by the Swiss food and beverage conglomerate.
Perhaps if Canadians and Americans knew what drilling for water, pumping it to the surface, and piping it to a bottling plant was doing to the world’s groundwater supplies, not to mention the world’s oceans where a lot of the plastic ends up, they would switch to the tap. Incidentally, tap water costs Canadians on the order of tenths of a cent per liter.
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Monday, December 03, 2018
Crude Oil After November’s Declines / Commodities / Crude Oil
By: Nadia_Simmons
November was the worst month for oil bulls since July 2016. Over the past few weeks, the price of black gold has dived deeply, sometimes dropping even under the barrier of $50. What impact did this price action have on the long-, medium- and short-term picture of the commodity?
Let's start today’s alert with the long-term chart (charts courtesy of http://stockcharts.com).
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Monday, December 03, 2018
Global Economic Perceptions Are Shifting - Asia China Markets Risks / Stock-Markets / Asian Economies
By: Chris_Vermeulen
The continued efforts of our research team to identify and quantify the possibility that the capital shift which has taken place over the past 18+ months may be shifting to other assets is in the interest of all global investors. Is there a new, more opportunistic investment that will take away from the capital that has been rushing into the US equity markets over the past 2+ years or is the capital shift towards the US equity markets still intact? These are the questions before us and these are the questions that will determine if the US equity markets continue to rally or continue to top out.
Monday, December 03, 2018
Weekly Charts and Update on Equity Markets, FX Trades and Commodities / Stock-Markets / Financial Markets 2018
By: FXCOT
Japan’s Nikkei 225, China’s Shanghai Composite and South Korea’s Kospi stock indexes gained 2.2%, 2% and 1.6%, respectively. The Chinese yuan rose 0.36% to about 6.925 per U.S. dollar. Ahead of the U.S. open, S&P 500 futures also climbed 1.5%. President Trump and Chinese President Xi Jinping approved the deal on Saturday in Buenos Aires. It offers Beijing a reprieve from a planned increase in tariffs, scheduled for Jan. 1, on $200 billion in Chinese goods exports to the U.S. Tariffs were scheduled to rise to 25% from 10%.
We have been long equity markets in Novemeber from 2640 here: Be long S&P Since our trade, the equity markets have rallied over +4% in Novemeber.
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Monday, December 03, 2018
TICK TOCK, Counting Down to the Next Recession / Economics / Recession 2019
By: James_Quinn
“This country, and with it most of the Western world, is presently going through a period of inflation and credit expansion. As the quantity of money in circulation and deposits subject to check increases, there prevails a general tendency for the prices of commodities and services to rise. Business is booming. Yet such a boom, artificially engineered by monetary and credit expansion, cannot last forever. It must come to an end sooner or later. For paper money and bank deposits are not a proper substitute for non-existing capital goods. Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. It has happened again and again in the past, and it will happen in the future, too.” – Ludwig von Mises – 1952
Monday, December 03, 2018
Stock Market Key (Short-term) Support Holds / Stock-Markets / Stock Markets 2018
By: Andre_Gratian
Current Position of the Market
SPX: Long-term trend – Bullish, but correcting within the long-term bull market trend.
Intermediate trend – bearish correction has started which could retrace as low as 2200 before it is complete
Analysis of the short-term trend is done on a daily basis with the help of hourly charts. It is an important adjunct to the analysis of daily and weekly charts which discusses the course of longer market trends.
Monday, December 03, 2018
Stocks Bull Market Tops Are a Process / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The U.S. stock market rallied last week and is now sitting just under its 200 day moving average.
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Monday, December 03, 2018
DXY: “The Reports Of My Death Are Greatly Exaggerated” / Currencies / US Dollar
By: Avi_Gilburt
For those literary enthusiasts amongst us, you would recognize the title as the line supposedly penned by Mark Twain when it was inquired of him while in London regarding a published obituary written in the United States.
However, more accurately, his response to the reporter’s inquiry was “The report of my death was an exaggeration.” But, I digress.
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Monday, December 03, 2018
More Late-cycle Signs for the Stock Market and What’s Next / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The S&P 500 is sitting right under its 200 day moving average right now. The stock market is demonstrating various late-cycle signs. These late-cycle signs are not immediately long term bearish, but it demonstrates that the long term winds will change in 2019.
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