Thursday, May 04, 2017
New Risk for Investors: Fed Considers Jacking Up Inflation Target / Economics / Inflation
By: MoneyMetals
Stefan Gleason : Investors are under-estimating inflation risk. As a consequence, they are under-pricing inflation protecting assets including precious metals.
The Federal Reserve has given itself the objective of engineering an inflation rate of around 2%. However, there are many ways in which real-world inflation can potentially outpace the Fed’s 2% target.
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Thursday, May 04, 2017
Choose Your Neighborhood Wisely / Housing-Market / Social Issues
By: Rodney_Johnson
To make good on a promise to my wife, a native Texan, we just completed our move from Florida back to Texas.When we left the Lone Star State in 2005 (on her birthday, no less), she told me she’d like to move back when the kids had left the house. With the youngest now a freshman in college, it was time.
We could live anywhere, since my work doesn’t require a geographic center. So last fall we narrowed the search for a new home by considering climate, natural beauty, proximity to a major airport and health care, and travel time to relatives.
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Thursday, May 04, 2017
Stock Market Largest Bubble Since 1983 - Why to Think Like a Surfer / Stock-Markets / Liquidity Bubble
By: Harry_Dent
I took up surfing in my early 30s.It didn’t last long. But I learned a tremendous amount from the experience (least of which is that I suck at surfing).
Well, it’s time to think like a surfer.
Your sole focus is to catch the wave.
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Thursday, May 04, 2017
Sign of Gold and Silver Stocks Outperformance / Commodities / Gold & Silver Stocks 2017
By: P_Radomski_CFA
Precious metals moved visibly lower yesterday, but we can’t say the same about gold and silver mining stocks. The miners refused to follow the metals lower and the question is if this is a sign of a local (or major) bottom.
In our opinion, it’s too early to say so. Miners did outperform yesterday, but due to the recent major technical development (namely, the breakdown below the key long-term support line), the implications are not necessarily bullish.
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Thursday, May 04, 2017
Debt is Financial Life – Nonsense! / Interest-Rates / Global Debt Crisis 2017
By: DeviantInvestor
Examine the picture below. The global economy thrives on debt and credit. We purchase essential products using debt/credit. The U.S. dollar bill is a debt of the Federal Reserve. All debt based assets have counter-party risk.
The St. Louis Federal Reserve publishes data on “Total Debt Securities” in $ millions. Note the rapid rise since 1971 after President Nixon encouraged rapid devaluation of the dollar.
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Thursday, May 04, 2017
Gold, Stocks, Bonds, Currencies Best Investment Practices / Stock-Markets / Investing 2017
By: Axel_Merk
How does one construct a portfolio in an era of seemingly ever rising and highly correlated asset prices? Years of asset prices moving higher has changed both retail and institutional investors; it has changed the industry; and, in my humble opinion, those changes spell trouble. The prudent investor might want to take note to be prepared.
Thursday, May 04, 2017
The Student Debt Servitude Sham / Politics / Student Finances
By: Gordon_T_Long
Many today strongly believe it is morally wrong to indenture students to the degree of liabilities presently required to achieve the education required to become a productive contributor within our modern society.
The question we need to demand answers to is why has college costs for students exploded upward, while salaries and job positions for graduates has not? What is driving the relentless and inexplicable surge in the debt burden for students and their parents?
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Thursday, May 04, 2017
Irish Property Bubble, Housing Market Will Crash / Housing-Market / Global Housing Markets
By: GoldCore
Irish Property Bubble? Central Bank Governor Denies Is Bubble
Central Bank of Ireland governor Philip Lane yesterday rejected suggestions of an Irish property bubble and that the economy is on the brink of another housing bubble and said the recent increase in house prices is not indicative of a property bubble forming.
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Thursday, May 04, 2017
Stock Market Positive Expectations, But Will Uptrend Continue? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Briefly: In our opinion, speculative short positions are favored (with stop-loss at 2,410, and profit target at 2,200, S&P 500 index).
Our intraday outlook is bearish, and our short-term outlook is bearish. Our medium-term outlook remains neutral, following S&P 500 index breakout above last year's all-time high:
Intraday outlook (next 24 hours): bearish
Short-term outlook (next 1-2 weeks): bearish
Medium-term outlook (next 1-3 months): neutral
Long-term outlook (next year): neutral
Thursday, May 04, 2017
Tesco £5 off Next £40 Shop Vouchers, Discounts, Offers and Club Cards / Companies / Tesco
By: Nadeem_Walayat
Once upon a time there was a supermarket giant called Tesco that would literally throw money at its customer so that they continued to shop in its stores for the expressed purpose of maintaining the lions share of the UK retail market at more than double the share of Tesco's nearest rival. The Tesco club card was the flag ship in Tesco's arsenal for retaining big spending customers amongst many weapons of mass consumption such as £5 off for your Next £40 shop vouchers that the checkout tills like lottery machines would spit out every now and then.
Thursday, May 04, 2017
Stock Market Pull Back Shallow, More to Go / Stock-Markets / Stock Market 2017
By: Brad_Gudgeon
The market is gradually becoming oversold with much resistance. The cycles suggest a low no later than around Friday this week. May 17th is the next three week cycle top and is also a Saturn turn. Waves tend to equal each other in time and price, especially an "a-b-c" type advance. We are in wave 'b' of that advance. This would suggest a low late in the week probably somewhere near to SPX 2361/62 and a final top (wave 'c') on May 17th near to 2431 (see chart below).
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Thursday, May 04, 2017
Silver Bullion On Sale After 10.6% Fall In Two Weeks / Commodities / Gold and Silver 2017
By: GoldCore
– Silver down for eleven consecutive days to $16.80/oz
– Further weakness possible and support at $15.73/oz
– Never catch a falling knife – dollar cost average
– Silver buyers love manipulative futures selling
– Thank you ‘Gold and Silver Cartel’ !
Wednesday, May 03, 2017
Stock Market 'Sell in May and Go Away' in 9 out of 11 Countries Makes Sense to Do So / Stock-Markets / Stock Market 2017
By: Dimitri_Speck
Most people are probably aware of the saying "sell in May and go away". This popular seasonal Wall Street truism implies that the market's performance is far worse in the six summer months than in the six winter months.
Numerous studies have been undertaken particularly with respect to US stock markets, which confirm the relative weakness of the stock market in the summer.
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Wednesday, May 03, 2017
Bitcoin Blasts Through $1,400 Amid All Time Highs in Every Currency / Currencies / Bitcoin
By: Jeff_Berwick
It was just a few days ago that we trumpeted that bitcoin had hit a new all-time high above $1,330 and it has since blasted through $1400.
And, it hasn’t stopped there… at all.
Bitcoin has continued to smash through new highs nearly hourly since. And today it hit a high of $1,466.88.
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Wednesday, May 03, 2017
DOE Uranium Reduction Should Help Boost Market / Commodities / Uranium
By: The_Energy_Report
Department of Energy Secretary Rick Perry issued a determination that reduces the amount of uranium the department can transfer in 2017 and 2018; the reduction should give a boost to uranium producers.
Every two years the Secretary of Energy is required to determine the amount of uranium allowed to be transferred to support the clean-up work at the Portsmouth Gaseous Diffusion Plant in Ohio. On April 26, Secretary of Energy Rick Perry released a determination to permit transfers of 1,200 metric tons of uranium (1,200 MTU) per year, down from 1,600 MTU.
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Wednesday, May 03, 2017
Banking Sector Stocks have Topped Out Right Here... Sell in May and Go Away.... / Companies / Banking Stocks
By: Submissions
Zach writes: Looking at the SPDR Select Financial ETF (XLF), a proxy of the 65 biggest financial institutions, we can see that this sector will be headed lower, by approx 5% or even more.
How do I know that? - The charts are talking to us...
1. We've topped out at the 50 MA on the Daily chart, which is also a pivot high of resistance.
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Wednesday, May 03, 2017
Brace Yourself, This Ponzi Scheme Will Result in the Greatest Stock Market Crash in History / Stock-Markets / Stock Market Crash
By: Submissions
By Peter Ginelli : Every day the markets seem to be going up regardless of the news headlines about the current ominous state of world affairs or even poor economic data. Investors seem to be oblivious to the fundamentals that every market requires in order to find a direction.
We all remember the times when the markets would carefully consider the daily geopolitical risks, news headline and economic data before they would react to the upside or the downside. But nowadays, multiple terror attacks in Paris and other parts of the world, terrible economic data released prior to the market opening, or even ridiculous P/E ratios, does nothing in shaking confidence in the markets. It almost appears as if common sense is absent in investors' decision-making. The dangerous prevailing wisdom seems to be "buy, buy, buy”, no matter if the world is going to hell in a hand basket or the economy is getting flushed down the toilet.
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Wednesday, May 03, 2017
London Housing Market Property Bubble Vulnerable To Crash / Housing-Market / UK Housing
By: GoldCore
– London property market vulnerable to crash
– House prices in London are falling
– London property up 84% in 10 years (see chart)
– House prices have risen over 450% in 20 years
– Brexit tensions as seen over weekend and outlook for U.K. economy to impact property
– Global property bubble fragile – Risks to global economy
– Gold bullion a great hedge for property investors
Wednesday, May 03, 2017
Can Madame BrExit Marine Le Pen Win French Presidential Election? / Politics / France
By: Nadeem_Walayat
All eyes are now on the second and final round of voting to be held in a few days time on 7th May 2017 when Centrist Macron and Far Right Le Pen go head to head. The consensus view is that Marine Le Pen just CANNOT Win, as the odds are heavily stacked against her with the polls giving Macron a healthy lead of 60% against Le Pen trailing heavily behind on 40%,that's a 20% gap!
Wednesday, May 03, 2017
Here’s Why Russia Opens The Door To Cryptocurrencies / Currencies / BlockChain
By: John_Mauldin
Antonia Colibasanu : Russia has announced that it will legalize the use of cryptocurrencies. The government confirmed last week that a draft bill would create the legal framework for trading in bitcoin, dash, ether, and other digital currencies.
This comes a year after the same Russian institutions said people trading in these currencies could be jailed. This raises two important questions: Why has the government made this U-turn? What opportunities does it now see in this technology? The answers lie in Russia’s need to address serious problems in the banking sector and their impact on the economy.
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