Tuesday, September 06, 2016
Is Healthcare the Silent Killer? / Politics / Healthcare Sector
By: Rodney_Johnson
I’ve never heard anyone brag about what they spend for a medical procedure. Healthcare isn’t like housing or transportation. People are proud to shell out big bucks for a big house, and many drivers can’t wait to show off their expensive set of wheels.But when it comes to healthcare, we’re only smiling when we save money, not spend it, which makes the current trend so much more difficult.
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Tuesday, September 06, 2016
Teen Labour, the Workforce Proves to Be Valuable Education / Politics / Employment
By: Rodney_Johnson
I lied to get my first job.
The minimum required age was 15, and I was only 13. Luckily, I was 5’ 10” at the time, so I could pass for a couple of years older. I proudly drew my first paycheck as a fry cook at the Dairy Bar, a local burger joint in Southeast Texas. I learned a lot more on the job than just how to flip burgers.
On this Labor Day, I was reminded of my days on the food line… and a celebrity hashtag theme #firstsevenjobs that began trending recently. The woman that started it listed her early employment history and many of her followers have since followed suit.
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Tuesday, September 06, 2016
We’re Reaching Point Zero of Debt Creation / Interest-Rates / US Debt
By: Harry_Dent
Forty-five years and counting.We’ve been on a debt spree since the early 1970s when we went off the gold standard, covering every possible angle. Trade deficits, government deficits, unfunded entitlements, private debt – you name it! Our total debt has grown 2.5-times GDP since 1971.
How could economists not see this as a problem? How is this the least bit sustainable?
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Tuesday, September 06, 2016
What to Consider as Gold Price Correction Continues / Commodities / Gold and Silver 2016
By: The_Gold_Report
With a correction in progress, technical analyst Jack Chan charts the indices precious metals investors should be watching.
Tuesday, September 06, 2016
Economic Forecasts Have Nothing to do With Stock Market Direction / Stock-Markets / Stock Markets 2016
By: Sol_Palha
"Wise men are instructed in reason men of less understanding by experience; the most unknowing learn by necessity. Wise men do in the beginning what fools in the end." ~ Anonymous
Trying to gauge where the economy is headed is almost always a waste of time; other than pouring over seams of data and losing a large dose of time, you will be none the wiser. If this activity were indeed useful then almost all Economists would be millionaires; sadly, they are not. They are usually working for large multi-million or billion dollar corporations, who can afford to hire them to come out with these silly scenarios that they do not even believe in; it is not by coincidence that economics is referred to as the "dismal science."
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Tuesday, September 06, 2016
Stocks and Bonds All Time Highs and Lows … and the Great Collapse / Stock-Markets / Financial Markets 2016
By: DeviantInvestor
Stocks and Bonds:
Dow Jones Industrial Index – high 18,636 on August 15, 2016
S&P 500 Index – high 2,190 on August 15, 2016
NASDAQ Index – high 5,262 on August 15, 2016
T-Bonds – the 30 year bond high was 176.94 on July 8, 2016
Dow Transportation Average – high on December 29, 2014 – Oops! Dow Theory says we should be worried about an unconfirmed market top.
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Tuesday, September 06, 2016
Financial Markets All is Quiet / Stock-Markets / Financial Markets 2016
By: Anthony_Cherniawski
It has been a very quiet weekend. The SPX Premarket is mildly positive as I write. The market is basically directionless.
ZeroHedge writes, “The return from summer holidays has started in much the same way as we left off August, with another subdued session that has seen European stocks little changed, Asian shares advance and S&P futures are modestly in the green amid a flurry of M&A. The US dollar weakened, with the Bloomberg Dollar Index down 0.2% for the 2nd day in a row as prospects for a U.S. interest-rate hike this month remained subdued.”
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Tuesday, September 06, 2016
Stock Market More Short-term Distribution / Stock-Markets / Stock Markets 2016
By: Andre_Gratian
Current Position of the Market
SPX Long-term trend: The long-term trend is up but weakening. Potential final phase of bull market.
SPX Intermediate trend: The uptrend from 1810 continues. It could soon enter a corrective phase.
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 discuss longer market trends.
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Tuesday, September 06, 2016
Ireland “Especially Exposed” To “International Shocks” – Central Bank / Interest-Rates / Financial Crisis 2016
By: GoldCore
Ireland remains especially exposed to another financial shock because of the extremely high levels of public and private debt, the open nature of the economy, and Brexit, Irish Central Bank Governor Philip Lane has warned in a pre-budget letter to Minister for Finance, Michael Noonan.
Read full article... Read full article...“Ireland is especially exposed due to the legacy of high public and private debt levels, the sensitivity of small, highly-open economies to international shocks and Brexit-related vulnerabilities,” Ireland’s Central Bank Governor said.
Tuesday, September 06, 2016
5 Reasons to Be Worried about US Stock Markets / Stock-Markets / Stock Markets 2016
By: John_Mauldin
The NYSE and NASDAQ stock markets have been on a historic bull run since 2009. The NYSE has bounced back to just under 11,000 from a low of 4,716 during the Financial Crisis. The other major indices have put in similar performances.
There was a 10% or so correction early this year, but US stock markets rebounded strongly.
It’s rare for stocks not to see a major market correction in more than eight years. Many analysts also argue that macroeconomic fundamentals aren’t strong enough to support stock valuations… even if the US is performing better than Europe and other global economies.
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Tuesday, September 06, 2016
GDP is more of a fuzzy reflection of the Economy / Economics / Economic Statistics
By: John_Mauldin
GDP is a fairly recent statistic. Though it is malleable in its construction, it can be contentious in its application. Yet the media tend to release GDP numbers as if they are an accurate reflection of the general economy.
GDP is one economic model among several that could serve the purpose. But its use can lead to policies that reflect the thinking of a particular school of economic, monetary, and fiscal policy.
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Tuesday, September 06, 2016
UK Credit Card Interest Rates on the Rise Despite Base Rate Cut / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Credit cards are a frequently used method of payment, but despite a record-low bank base rate, credit card interest rates are not on a downward trajectory. Credit card competition has been concentrated on interest-free credit deals, but the contest is less intense than previous years, with little change to the longest interest-free terms.
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Tuesday, September 06, 2016
A Look at September: Gold and Stock Market / Stock-Markets / Stock Markets 2016
By: Brad_Gudgeon
The month ahead looks choppy for both markets. Gold (especially the miners) has just come off of hard drop, so we may expect an upward/sideward bias until we get past Mercury Rx (retrograde) around September 22, where we could see a more explosive up move into early October with a GDX target above 33. Next week looks fairly bullish to me, but with some attempt at selling the rallies (look for the 28.43 area Wednesday and also around 29 Friday to be sell zones). Tuesday may go down and if it does, would represent a nice buying opportunity in the miners and PM's, IMO. Taking profits early when in Mercury Rx is usually a wise idea.
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Tuesday, September 06, 2016
Trump – The Anti-Cinderella Man / ElectionOracle / US Presidential Election 2016
By: James_Quinn
In Part One of this article I made a fact based case that most Americans are experiencing an economic depression on par with the Great Depression of the 1930’s. In Part Two I will compare and contrast two very different men who raised the spirits of the common man during difficult economic times. As we approach the perilous portion of this Fourth Turning, it will take more than hope to get us through to the other side.
Cinderella Man
Likening Braddock to Trump might seem far-fetched, until you think about parallels between the economic conditions during the 1930’s and today, along with the deepening mood of crisis, despair and anger at the establishment. Braddock’s career coincided with the last Fourth Turning. James J. Braddock was born in 1905, to Irish immigrant parents Joseph Braddock and Elizabeth O’Toole Braddock in a tiny apartment on West 48th Street in New York City. His life personified that of a GI Generation hero. One of seven children, Jimmy enjoyed playing marbles, baseball and hanging around the old swimming hole on the edge of the Hudson River as a youngster. He discovered his passion for boxing as a teenager.
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Monday, September 05, 2016
UK Economy Post BrExit Boom, Bank of England, Treasury Economists, Journalists ALL WRONG! / Economics / UK Economy
By: Nadeem_Walayat
Two months on from the BrExit economic collapse apocalypse prophecies a stream of economic data on the UK economy continues to paint a picture that is a the exact extreme opposite to that which the establishment and their vested interests painted both before and immediately after the EU referendum vote, one of recession or even economic collapse that many still blindly cling onto to this very day despite reality stating that the UK economy is literally soaring into the stratosphere by recording unprecedented gains across several measures for the month of August.
Monday, September 05, 2016
Deutsche Bank Tries To Explain Inability To Deliver Physical Gold / Commodities / Gold and Silver 2016
By: GoldCore
The debacle involving Deutsche Bank’s failure to deliver physical gold from the Xetra-Gold exchange traded commodity (ETC) continued on Friday after a press release from Deutsche Bank. Zero Hedge covered the “non-response” from the beleaguered German bank over the weekend:
Read full article... Read full article...And so another non-response, because in the same press release Deutsche Bank both admits that it has an obligation to deliver the gold “as a matter of course”, and then tacitly confirms that it failed to do so, by first saying that it evaluates the “economic efficiency of physical delivery”, something it should have no right to do since the Xetra prospectus explicitly mandates that it should release gold on demand, and then adds that “should an investor’s request for the handover of physical gold not have been complied with immediately in individual cases, this will be reviewed and an individual solution will be found with the client.”
Monday, September 05, 2016
The “End of the World” History Stock Market Chart / Stock-Markets / Stock Markets 2016
By: Rambus_Chartology
Tonight I would like to show you a long term 40 year monthly chart for the $COMPQ which I call the history chart. Some of you were not even born when some of these significance events happened. At the time they seemed significant enough that most thought the end of the world as we knew it was near. Some of the older members will remember some of these events like they just happened yesterday.
I was personally involved in the stock market during each one of these times, and I can assure you it did feel like the world was coming to an end. When one observes some of these stock market events from a distance they hardly matter in the big picture. Perspective is everything.
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Monday, September 05, 2016
G20 Meets in China To Fight Anti-Globalism And Usher In New World Order / Politics / New World Order
By: Jeff_Berwick
Members of the G20 countries are meeting in China this week with an expressed goal of “fighting anti-globalism sentiments”.
You see, the global elites are rewriting the rules of the economy to help usher in a new world order that, as Zbigniew Brzezinski says, will now include Russia and China.
This new globalist order is something for which they have no remorse because of their disloyalty to any one nation – or even to humanity as a whole. What’s more is they’ve shown their willingness to trash the dollar to attain that end.
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Sunday, September 04, 2016
The Anti-Cinderella Man (Part One) - The Greater Depression / Economics / Great Depression II
By: James_Quinn
There are several movies I will watch every time they are aired on one of my generally useless 600 cable channels. They all have the same thing in common – a compelling character portrayal which keeps you riveted and mesmerized by how the protagonist deals with adversity and circumstances beyond their control. The movies I can’t resist include: The Godfather I & II, The Green Mile, Shawshank Redemption, Apocalypse Now, and Patton. Another captivating movie, which didn’t do well at the box office, is Cinderella Man. The portrayal of Depression era heavyweight boxing champion James J. Braddock by Russell Crowe is inspirational, with a rousing and improbable victory by the champion of the common man. While watching this great movie a few weeks ago I found myself equating the themes to the current presidential campaign.
Sunday, September 04, 2016
Silver : A Point and Figure Perspective / Commodities / Gold and Silver 2016
By: Submissions
John Franczak writes: Thirty plus years ago, while I was a junior analyst with a Wall Street precious metals periodical, I learned the beauty of Point and Figure charting. It is always insightful to view price movement by itself for the purpose of removing all the “noise” of short term moves and volatility. It reveals the true trend of any market, and as you know, the trend is your friend until it ends. That may sound trivial but rings very true to market movement and pricing.
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