Wednesday, April 19, 2017
The Fed Must Be Reading Our Work / Interest-Rates / US Federal Reserve Bank
By: Rodney_Johnson
It’s too much of a coincidence. Fed officials must be reading our work.OK, they don’t really have to be… but if they don’t, they should.
It’s not that we deserve credit for what comes next at the Fed, but I was glad to read the details last week in the nitty-gritty of the Fed’s minutes of its March meeting. (You would’ve had to have read it there; Fed chair Janet Yellen didn’t talk about it at all in her post-meeting press conference.)
Read full article... Read full article...
Wednesday, April 19, 2017
Stock Market to Push Higher? / Stock-Markets / Stock Market 2017
By: Gary_Savage
I suspect the market will be near the all-time highs ahead of the FOMC meeting on May 3rd.
Read full article... Read full article...
Wednesday, April 19, 2017
Soothing East Asia's Nerves as Trump's Administration Reaffirms US Power in Asia-Pacific / Politics / US Military
By: STRATFOR
Forecast
- U.S. Vice President Mike Pence's 10-day tour of East Asia will focus primarily on easing uncertainty among U.S. allies about the administration's policies in the region.
- U.S. moves to contain North Korea and compel China toward cooperation will dominate discussions in Seoul and Tokyo, though tension over the Trump administration's trade policies will loom large in both visits.
- Indonesia and Australia will remain wary of joining U.S. initiatives that risk provoking China but also receptive to U.S. efforts to lay the groundwork for more robust defense cooperation.
Wednesday, April 19, 2017
Stock Market Turn-Around Tuesday Closes Negative / Stock-Markets / Stock Market 2017
By: Harry_Boxer
It looks like turn-around Tuesday for the stock market indices today as the markets reversed yesterday, gains for losses, and pretty decent ones, too, but they did come back. The day started out with a gap down, but then a really sharp rally got them to their highs very quickly, within the first thirty minutes. At that point, they came down in a sharp, 3-wave decline, and reached their session lows by midday. An early afternoon rally back got to resistance and backed off late afternoon, and then surged into the close to reach the morning highs, but were unable to get through, and in the last five minutes they backed off.
Read full article... Read full article...
Wednesday, April 19, 2017
SPX May be Completing its Corrective Pattern / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
Good Morning!
It appears that SPX may be completing a Wave [c] of 2 this morning. This changes the structure somewhat, postponing the top of Wave 2 until today. My original thought that the low at 2328.95 was Wave [b] was because of overlap between the waves. Leading diagonal waves may overlap, so that description is being moved forward.
Read full article... Read full article...
Wednesday, April 19, 2017
On the Commemoration of World War I: From Woodrow Wilson to Donald Trump / Politics / US Politics
By: Antonius_Aquinas
It is altogether fitting that the US attack on a Syrian airport, the dropping of a MOAB on defenseless Afghanistan, and the potential outbreak of nuclear war with North Korea have all come in the very month one hundred years earlier that an American president led the nation on its road to empire. President Trump’s aggressive actions and all of America’s previous imperialistic endeavors can ultimately be traced to Woodrow Wilson’s disastrous decision to bring the country into the First World War on April 6, 1917.
Read full article... Read full article...
Wednesday, April 19, 2017
Silver Production Has “Huge Decline” In 2nd Largest Producer Peru / Commodities / Gold and Silver 2017
By: GoldCore
– Silver production sees “huge decline” in Peru
– Production -12% in one month in 2nd largest producer
– Silver decline is due to ‘exhaustion of reserves’ in Peru
– GFMS recognise that ‘Peak Silver’ was reached in 2015
– Global silver market had large net supply deficit in 2016
– Silver rallied 13.5% in Q1 in 2017
– Base metal production accounts for 56% of silver mining
– Base metal demand under threat from global economy
– Own financial insurance of silver coins and bars
Wednesday, April 19, 2017
Silver Price Likely To Rise In A Concentrated Manner / Commodities / Gold and Silver 2017
By: Hubert_Moolman
The long-term view of silver is extremely bullish, given that it is one of the most undervalued metals, today. It is evident that ideal economic conditions are present, for silver to rise for many years to come:
- All-time low interest rates, that are about to rise
- Over-valued stock markets
- Fragile international monetary system that is debt-laden to the full.
Wednesday, April 19, 2017
US Housing Market Starts Plunge 6.8% as Sentiment Soars / Housing-Market / US Housing
By: Mike_Shedlock
Unless housing starts data is another one-time affair, and it could be given the volatile nature of housing starts, this recovery is nearly over just as sentiment is peaking.
Econoday notes a 6.8% decline in housing starts for March to 1.215 million units seasonally adjusted annualized (SAAR).
Read full article... Read full article...
Wednesday, April 19, 2017
The Brexit War - Article 50 Triggered, General Election 2017 Called - Let the Games Begin! / Politics / BrExit
By: Nadeem_Walayat
On Wednesday 29th March 2017 Theresa May's post man in Brussels hand delivered a 6 page letter to Donald Tusk the President of the European Council, triggering Article 50 of the Lisbon Treaty starting the formal process for the UK exiting the European Union within 2 years' time, with the negotiations expected to begin during May following the conclusion of the French Presidential elections.
Wednesday, April 19, 2017
Tesco Collapses Into a Sink Hole, Stock Price Down 10% in 3 Trading Days! / Companies / Tesco
By: Nadeem_Walayat
Whist the mainstream media focuses on some of Tesco's latest result numbers, mostly painting a bright picture of Britain's supermarket giant recovering, with sales up for the first time in 7 years and with the SFO false accounting scandal behind it.
Tesco reports first sales growth in 7 years - FT 12th April
Read full article... Read full article...
Tuesday, April 18, 2017
Plungers Big Trade - The Oil Short / Commodities / Crude Oil
By: Plunger
The big trade of this year positions oneself for the upcoming US recession. In speculating and investing if one can get the main concept right everything else falls into place. Various trades will branch off from this theme. The trade is not priced into the market at all since we are betting against the accepted narrative. We can use various proxies to play the trade, as just about anything economically sensitive may qualify. Base metal producers, car companies, sub prime financiers, retail establishments, the list goes on. The main vehicle I have chosen to execute the trade is the oil price. I have chosen this because both fundamentals and technicals indicate to me it is over priced and due for a fall. It trades deep and has a record of falling under distressed economic conditions.
"All that we see or seem is but a dream within a dream." - Edger Allan Poe
Read full article... Read full article...
Tuesday, April 18, 2017
Afghanistan, Iraq, Syria, Iran, North Korea, Russia, China... Will They Ever Learn? / Politics / US Military
By: DeviantInvestor
In the 1960s Peter, Paul and Mary popularized a song written by Pete Seeger – “Where Have All the Flowers Gone?”
The short version is:
Where have all the flowers gone?
Young girls have picked them.
Read full article... Read full article...
Tuesday, April 18, 2017
The Smart Money Is Piling Into Regenerative Medicine / Companies / BioTech
By: John_Mauldin
BY PATRICK COX : The Congressional Budget Office released its long-term budget outlook. This report should have sparked a national discussion about societal aging, but big media largely ignored it.
Fortunately, there are signs that smart investors are hedging this failure by investing in regenerative medicine (RM).
Read full article... Read full article...
Tuesday, April 18, 2017
If You Invest In Stocks Now, Expect No More Than 3% Returns In The Next 20 Years / Stock-Markets / Stock Market 2017
By: John_Mauldin
BY JOHN MAULDIN : We didn’t have all of this big data or computing power when I started in the investment publishing industry in 1982. But we do today.
This data not only shows us the present state of the stock market, but also tells what that means in terms of probable returns over the coming 7, 10, and 12 years and what it means in terms of relative risks.
Read full article... Read full article...
Tuesday, April 18, 2017
Maps That Explain Wars In The Middle East And North Africa / Politics / Middle East
By: John_Mauldin
BY GEORGE FRIEDMAN : The Middle East and North Africa region runs from the Atlantic Ocean to the Indian Ocean and from Turkey to Yemen. The bulk of the region is along five waterways: The Mediterranean Sea, Red Sea, Persian Gulf, Black Sea, and Caspian Sea.
Here are four maps that explain the dynamics and inherited divisions in these regions. (Download my FREE e-book, The World Explained in Maps, to get more insight into the forces shaping our physical and financial worlds.)
Read full article... Read full article...
Tuesday, April 18, 2017
Theresa May Calls Snap BrExit UK General Election Capitalising on Crippled Labour Party / Politics / UK General Election
By: Nadeem_Walayat
Theresa May surprises everyone by calling a BrExit snap UK General Election on 8th June 2017. And this really is a surprise to all because previously she has repeatedly stated that she would not be calling an early general election. Instead in a statement today she made clear that her slender majority in the House of Commons was not large enough to secure a strong BrExit outcome for the United Kingdom.
Tuesday, April 18, 2017
Absurd Valuations on Unprofitable Tech Stocks / Companies / Tech Stocks
By: BATR
The Treasury Secretary chimes in on what any market watcher should know instinctively. Mnuchin talks tech: 'I don't understand these valuations', yet the price on promises and future expectation of earnings has a large amount of the equity speculators and computerized trading in a crisis of sanity. Avoiding the fundamental relationship that a stock value is based upon the ability of a company to turn a profit, has become the hottest investment hoax since Bernard Madoff was pitching his Ponzi scheme. Uber, Snapchat and Twitter may be high flyers for the smart set, but for rational venture capitalists, plunking down gambles on risky enterprises that only feed on publicity hype is a sure bet on going broke.
Tuesday, April 18, 2017
Big Day for the Stock Market / Stock-Markets / Stock Market 2017
By: Harry_Boxer
The stock market indices had a very strong session today. The day started out with a pop to the upside, a quick pullback retest, and then they were off to test resistance. For the next several hours the Nasdaq 100 went sideways, and consolidated in coil patterns. The S&P 500 actually moved up in a rising channel, and at the end of the day exploded to the upside, tested secondary resistance, and close right there. These are very key levels near 5400 Nasdaq 100, and the 2349-50 area for the S&P 500, and that’s where they closed.
Read full article... Read full article...
Tuesday, April 18, 2017
The Philippine Peso Squeeze / Currencies / Forex Trading
By: Dan_Steinbock
In the first quarter, the Philippine peso depreciated against the US dollar. Internationally, this was attributed to President Duterte’s policies. In reality, it has a lot to do with the expected US rate hikes. But there is a reason why misguided geopolitics now overshadows Philippines. In the recent quarter, the Philippine peso depreciated by 0.88 percent against the US dollar. It was the only currency in Asia to do so. For the first time since 2009, the peso drifted to 50 per US dollar.
Read full article... Read full article...