Monday, August 06, 2018
Technical Analysis and Interest Rates Unchanged – Here We Go / Interest-Rates / US Interest Rates
By: Chris_Vermeulen
The US Federal Reserve is one of the only central banks to attempt to raise rates consistently over the past few years, has possibly learned a very valuable lesson – no good comes from raising rates to the point of causing another market collapse. The news that the US Fed will leave interest rates where they are, temporarily, is good news for a number of reasons.
First, this allows the markets to shake out weaker players and weaker components of the corporate world. Where corporate debt levels are concerned, interest rates are tied to debt repayment liabilities and refinancing costs. Firms that are unable to manage at current interest rates certainly would not be happy about rising rates. This allows these corporations to either struggle to resolve their debt issues or collapse under the weight of their own debt. This will also play out in the foreign markets as well.
Read full article... Read full article...
Monday, August 06, 2018
Restructuring of Western Economic Power / Economics / Global Economy
By: Dan_Steinbock
According to BRIC projections, the economic power of the BRICs is on the rise. But the other side of the coin is equally interesting. Among the G6 countries, US economic power is increasing at the expense of Europe and Japan.Recently, the 10th BRICS Summit took place in Johannesburg, South Asia. As the international focus has been on the BRIC prospects in the future, it is often forgotten that when the first BRIC reports were published in the early 2000s, they also featured projections about the likely growth of major advanced economies.
Read full article... Read full article...
Monday, August 06, 2018
Stock Market Trend and Volatility Analysis / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
This is part 4 of my stock market in-depth analysis that seeks to conclude in a detailed trend forecast for the whole of the remainder of 2018
- Part 1 - Trumponomics Stock Market 2018 - The Manchurian President
- Part 2 - The Inflationary Exponential Stocks Bull Market
- Part 3 - Dow Stock Market Elliott Wave Analysis
The whole of this analysis that includes my detailed trend forecast was first made available to Patrons who support my work. To get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Read full article... Read full article...
Monday, August 06, 2018
Incidents and Accidents, Hints and Allegations / Politics / Social Issues
By: Raul_I_Meijer
Jeremy Corbyn is an anti-semite. Julian Assange is a rapist, a Russian agent and a terrorist. Donald Trump is an anti-semite, a rapist AND a Russian agent. Vladimir Putin wants to invade and enslave the entire western world and to that end employs Assange, Trump, maybe also Corbyn(?), as well as thousands upon thousands of hackers and murderers who make people vote for whoever Putin chooses, and poison former Russian agents on western soil.
These allegations, and there’s many more of them, have a number of things in common. Most importantly, they serve to change your mind. They serve to change your perception of reality. They seek to whip up your support for the very people and forces that launch them into the media.
Read full article... Read full article...
Monday, August 06, 2018
Stock Market and Economy False Narratives That are Just Wrong / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
I love debunking false narratives, mostly because these narratives do nothing but hurt the investors and traders who read them. E.g. if you’re an investor who’s constantly reading permabear narratives in this environment, you’re going to miss out on the stock market’s gains.
Here are some false bearish narratives that I’ve noticed from fintwit over the past week.
*If you haven’t already, feel free to follow me on twitter ;@BullMarketsco
Read full article... Read full article...
Monday, August 06, 2018
VPN – Is It Worth It? / Personal_Finance / Internet
By: Submissions
Nowadays, confidentiality and anonymity on the Internet are a must for every person. It’s not surprising VPN services gain in popularity with each passing day; more and more people want to feel safer when going online, safeguard their business, sensitive data and private information. That’s exactly what makes VPN one of the most demanded services which make people feel safe at all times of the day and night.
Read full article... Read full article...
Monday, August 06, 2018
All You Need to Know About Umbrella Companies / Companies / SME
By: David_Milsont
While many people new to the contracting world choose starting their own Limited Company to be their own boss, many do this without knowing about the benefits of Umbrella companies. While having full control can be very tempting, it can often be overwhelming, especially when just starting out as a contractor. Many choose the best of both worlds, Umbrella Companies.
Brookson bring you all you need to know about Umbrella Companies compared to Limited Companies and why they might be a good choice for you!
Read full article... Read full article...
Sunday, August 05, 2018
Why China Lost the Trade War Before it Even Began - SSEC Stocks Index - Video / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
In this series of videos I will seek to conclude in a detailed trend forecast for stock stock market for the whole of the remainder of 2018. This analysis is based on my articles beign posted at the market oracle site. Furthermore the whole of this analysis was first made available Patrons who support my work. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Trumponomics in a nutshell can be summed up as a mish mash of policies built on tweets that has surprisingly so far delivered relative stock market strength for the broad US markets this year that has the Dow currently trading at 25,064 marginally up from at the start of the year opening level of 24,720 whilst standing up 7.5% a from its early April low of 23,300. So as the Dow chart illustrates the stock market has refused to FALL this year despite the chaos of the unfolding trade war that has been the focus of the mainstream press for 2018.
Read full article... Read full article...
Sunday, August 05, 2018
Dow Stock Market Elliott Wave Analysis / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
This is part 3 of my stock market in-depth analysis that concludes in a detailed trend forecast.
- Part 1 - Trumponomics Stock Market 2018 - The Manchurian President
- Part 2 - The Inflationary Exponential Stocks Bull Market
The whole of this analysis that includes my detailed trend forecast was first made available to Patrons who support my analysis. To get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
Read full article... Read full article...
Sunday, August 05, 2018
Iran's Rial Currency Is In A Death Spiral, Again / Currencies / Iran
By: Steve_H_Hanke
Iran’s rial plunged from 98,000 IRR/USD on Saturday to 112,000 IRR/USD on Sunday on Tehran’s Ferdowsi Street. That stunning 12.5% one-day plunge has pushed the rial into a classic death spiral. The last time the rial was in a grip of such a spiral was back in September 2012.
The chart below shows the downward roller coaster ride the rial has been on during the past six months, as well as this weekend’s free fall. As the chart indicates, the official IRR/USD rate is 44,030; whereas, the rate in the black market (read: free market) is 112,000. That widespread rate is now measured by a huge black-market premium of 154%. This means that those who are privileged and have access to the official exchange rate can turn handsome profits of 154% in the blink of an eye.
Read full article... Read full article...
Sunday, August 05, 2018
IMF Produces Another Bogus Venezuela Inflation Forecast / Economics / Inflation
By: Steve_H_Hanke
The International Monetary Fund (IMF) has done it again. In an attempt to garner some press, the head of the IMF’s Western Hemisphere Department Alejandro Werner forecasted that Venezuela’s annual inflation rate will reach 1,000,000% by year’s end. By my calculations, this inflation forecast implies that the exchange rate will reach 923 million VEF/USD by December 2018. To put this into context, the exchange rate at the end of July was 3.3 million VEF/USD, and at the end of June it was 3.1 million VEF/USD.
Sunday, August 05, 2018
Gold & Silver Precious Metals Monthly Charts / Commodities / Gold and Silver 2018
By: Jordan_Roy_Byrne
With the end of July I thought it was important to take a look at the monthly charts which carry more significance than weekly and daily charts. Visible trends on the monthly charts obviously carry greater weight than those on the weekly and daily charts. Monthly charts can also simplify and clarify sector relationships. While the broader trend for precious metals is lower, there are some slight differences as evidenced by the monthly charts.
Sunday, August 05, 2018
Time to Position for a Decade-Long Bull Market in Natural Resources / Commodities / Resources Investing
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in Samuel Pelaez, CIO and Portfolio Manager at Galileo Global Equity Advisors, a Canadian subsidiary of U.S. Global Investors. Sam manages Galileo's Growth and Income fund as well as the Technology and Blockchain fund and also follows the natural resource and gold mining space quite closely. And it's a real pleasure to have him on with us today.
Sam, thanks so much for the time and welcome.
Samuel Pelaez: Thanks, Mike. It's a great pleasure to join you. I think this is the first time.
Read full article... Read full article...
Saturday, August 04, 2018
Cracking Down on Immigration Impact on US Economy / Economics / Immigration
By: Harry_Dent
There was a great article in Bloomberg Opinion by Noah Smith.It starts off reminding us that we’re doing similar things now as we were in the late 1920s, before the 1929 crash and Great Depression.
During a major bubble, the Fed started tightening in 1928.
In 1930, Smoot-Hawley was passed. It raised import duties, which set off a trade war.
Read full article... Read full article...
Saturday, August 04, 2018
The Inflationary Exponential Stocks Bull Market / Stock-Markets / Stocks Bull Market
By: Nadeem_Walayat
This is part 2 of my stock market in-depth analysis that concludes in a detailed trend forecast. Part 1 (Trumponomics Stock Market 2018 - The Manchurian President). The whole of this analysis that includes my core analysis and detailed trend forecasts was first made available to Patrons who support my analysis. To get immediate access First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
This is a good time to remind my readers of the difference in perception of between bull and bear markets for they are not the same. The stock market does not exist in a trading range that oscillates between roughly equal bull and bear market price gyrations. The primary over riding trend is always INFLATIONARY which means Bear markets are CORRECTIONS.
Read full article... Read full article...
Saturday, August 04, 2018
Red States vs Blue States - Breaking Down Trump’s Trade Wars / Politics / US Politics
By: Harry_Dent
There’s ideology.And then there’s reality and outcomes.
Unfortunately, the trade war overtures in the name of fairer competition, disfavors jobs in the red states far more than in the blue ones.
In Thursday’s issue, I looked at how curbing immigration is likely to be a major factor tipping us into the next recession.
Read full article... Read full article...
Saturday, August 04, 2018
America Where to Live, Most Desirable Best US Cities / Housing-Market / US Housing
By: Harry_Dent
There was an update to the rankings of the most desirable cities to live in the U.S. by U.S. News & World Report.
Colorado Springs sprung into first place for the first time. I’ve been there, and can understand why they picked the place.
It’s beautiful, at the foot of dramatic mountains (Pike’s Peak), close to the glorious Broadmoor Resort, and only one hour from one of the most attractive larger cities, Denver, which comes in at number 10 on the list.
Saturday, August 04, 2018
Breaking Down the US Budget Deficit / Interest-Rates / Government Spending
By: Rodney_Johnson
Second-quarter U.S. GDP jumped by an annualized 4.1%, putting a spring in the step of the Trump administration and the congressional leadership.And why not?
Those two groups are responsible for turbo-charging the U.S. economy through tax reform, which cut taxes by more than $1 trillion, putting a ton of cash in the hands of corporations and consumers.
Read full article... Read full article...
Friday, August 03, 2018
Gold Stocks’ Autumn Rally / Commodities / Gold and Silver Stocks 2018
By: Zeal_LLC
The gold miners’ stocks have suffered a psychologically-grating year so far. They’ve remained trapped in their vexing low-consolidation trading range, disheartening and driving away the great majority of traders. But that should soon change as this deeply-out-of-favor sector enters its strong season, which begins with a powerful autumn rally starting late summers. This year’s has exceptional upside potential from such a low base.
Seasonality is the tendency for prices to exhibit recurring patterns at certain times during the calendar year. While seasonality doesn’t drive price action, it quantifies annually-repeating behavior driven by sentiment, technicals, and fundamentals. We humans are creatures of habit and herd, which naturally colors our trading decisions. The calendar year’s passage affects the timing and intensity of buying and selling.
Read full article... Read full article...
Friday, August 03, 2018
The Changing Face of Payments: Online & Mobile Payments / Personal_Finance / Mobile Technology
By: Steve_Marks
Back in the day, it used to be the case that cash was the only mainstream way to pay for pretty much every transaction. When cheques and bank cards became popular, they were considered to be cutting-edge payment forms that were about to change the world. Now, both of these payment methods are becoming increasingly obsolete. This is evident in the UK as more people use online payment and baking methods. One popular example of this is e-tailer payment methods. Popular examples of these include Amazon’s Amazon Pay and Apple’s Apple Pay. Originally envisioned as an extension of both Apple and Amazon, both payment methods can now be used elsewhere. Meaning that traditional payment methods like debit and credit cards are being used less and less. Another reason for this is the growth of online shopping. In the UK it is estimated that over 70% of households use online shopping. This follows the trend of increased internet usage.
Read full article... Read full article...