Friday, January 19, 2024
Toward China's Soft Economic Rebound / Economics / China Economy
By: Dan_Steinbock
Last year, international observers charged China for global inflation, deflation and economic collapse. In reality, Chinese economy is inching toward a soft rebound, despite the dire global landscape.As global business and political leaders swarmed to Davos for the World Economic Forum, Chinese Premier Li Qiang took the podium. Chinese economy has rebounded and moved upward, Li noted, and was estimated to have grown around 5.2% in 2023. That’s slightly better than the official target of around 5%.
No matter how the world’s situation changes, Li added. China will adhere to its fundamental national policy of opening up, and its door will only get wider and wider.” he said.
Read full article... Read full article...
Friday, January 19, 2024
U.S. Real Estate Market: A 24% Problem / Housing-Market / US Housing
By: EWI
"...24% of U.S. single family homes are owned by investors."
A big reason that U.S. home prices have skyrocketed is that big investors like corporations did a lot of buying.
As a Redfin.com headline noted nearly two years ago (Feb. 16, 2022):
Real Estate Investors Are Buying a Record Share of U.S. Homes
Read full article... Read full article...
Friday, January 19, 2024
SoftBank: A Possible Stock Market Omen for What's Ahead / Companies / Stock Markets 2024
By: EWI
Here's what happened to the once most valuable U.S. startup
SoftBank, the multinational holding company which is heavily involved in the technology sector, has had a tough go of it.
Its stock price has been in a steady decline for the past few years and one has to wonder if this is a preview of what may be ahead for many other firms, especially those in the technology sector.
Read full article... Read full article...
Friday, January 19, 2024
Gold Builds Support at $2,000; What's Next? / Commodities / Gold & Silver 2024
By: MoneyMetals
Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate cuts.
But short-term sentiment aside, there are plenty of reasons to remain bullish on the yellow metal.
The Fed appeared to surrender to inflation at its December meeting. While the central bank held rates steady, it signaled three rate cuts for 2024 with another four cuts in 2025. That would lower rates to between 2 and 2.5 percent.
Read full article... Read full article...
Friday, January 19, 2024
Bitcoin Is No Substitute for Gold / Commodities / Gold & Silver 2024
By: MoneyMetals
With Bitcoin making the news last week when the Securities and Exchange Commission (SEC) finally approved exchange traded funds, it’s a good time to review the topic again.
Bitcoin still offers the potential to serve as a form of honest money and to end-run the central bankers and politicians who have abused the fiat system so badly.
Read full article... Read full article...
Sunday, January 07, 2024
Investing in the Stock Market is Like Boxing With Mike Tyson / InvestorEducation / Learning to Invest
By: Nadeem_Walayat
Most market participants soon learn that stock market investing isn't as easy as the clowns on the CNBC cartoon network sales pitches present it to be. Investing is like getting into a boxing ring with Mike Tyson, become arrogant and you will get knocked out in the first round. Whilst all those fund managers and analists on the financial cartoon networks never even fund set foot in the ring. Think of the stock market as Mike Tyson, it will knock you out! All one can do is to learn through experience to dodge as many as those punches as possible, that is the way to win in the stock market.
Read full article... Read full article...
Sunday, January 07, 2024
Bank Borrowing From Fed Bailout Program Has Surged / Stock-Markets / Financial Crisis 2024
By: MoneyMetals
Is a U.S. banking crisis still bubbling under the surface?If activity in the Federal Reserve’s bank bailout program is any indication, the answer to that question is yes.
Over the last two months, the balance in the Fed Bank Term Funding Program (BTFP) has surged, and the pace of borrowing appears to be increasing.
Since Nov. 19, the amount of outstanding loans in the BTFP has increased by $27.3 billion. The balance in the bailout program grew by nearly $5.4 billion in just the last week.
Read full article... Read full article...
Sunday, January 07, 2024
Financial Markets 2024 Outlook / Stock-Markets / Financial Markets 2024
By: Michael_Pento
This year promises to be one of the most interesting years economically, politically, and market-wise in history. We have two significant global conflicts/wars ongoing, just as President Xi of China is reiterating his promise to annex Taiwan, and Kim Jong Un of North Korea threatens to wipe the US off the map. Meanwhile, we have the most likely Republican candidate getting thrown off state ballots under the disgusting guise of trying to preserve democracy. The US is sadly in the process of becoming a banana republic. Wars and revolutions are not a tail risk. They are happening now and are likely to metastasize in 2024.
With this backdrop, we have the most expensive stock market in history prior to 2020. The price-to-sales ratio is 2.62, and the total market cap of equities is 176% of GDP; both figures are near record highs and dwarf the historical averages prior to the pandemic. And the equity risk premium is zero. Meaning the earnings yield of stocks is less than that yield offered by simply owning a risk-free T-bill. In other words, investors are not getting compensated at all for the extra risk of owning stocks over bonds.
Sunday, January 07, 2024
Unlocking the Potential: Exploring the Benefits of USDT in Forex Trading / Currencies / Forex Trading
By: S_N_Chatterjee
For traders looking for safety and efficiency in their transactions, USDT (Tether) has emerged as a popular choice in the volatile world of forex trading, where stablecoins have gained substantial support. In this post, we'll look at the benefits of using USDT in FX trading: its ability to provide cheap and quick international money transfers within the decentralized blockchain ecosystem.
Read full article... Read full article...
Wednesday, January 03, 2024
Prepare for a Stock Market melt-up in 2024? / Stock-Markets / Stock Markets 2024
By: Stephen_McBride
I’m a proud papa this morning.
I attended my daughter’s school nativity play yesterday. We practiced her lines together for the past few weeks and it was great to see her hard work pay off on stage.
All the kids aced it.
As an aside, the quality of parents is far higher these days. It’s probably because couples aren’t churning out 10 kids each anymore, so they put more effort into nurturing each one.
One of the many reasons I’m optimistic about the future.
Kids rock!
Wednesday, January 03, 2024
Where Can You Find Maximum Growth for Your Investments in 2024? / Stock-Markets / Investing 2024
By: Mark_Adan
If we could all predict the way our investments will perform over the course of a year, I am pretty sure we would all be very wealthy by now. Unfortunately, we can’t, so instead, we rely on advice from blogs, fund managers, financial commentators, and analysts. And, for those of us who are a little more well versed in investing, we study the markets to give us the information to help us make what we believe to be an informed decision.
2023 though has been a year where the world has encountered such turmoil that it has been hard for many to have a firm grasp on where their money should be and where it could work at its best.
Wednesday, January 03, 2024
What are Surebets and how to operate with it? / Personal_Finance / Gambling
By: Sumeet_Manhas
Surebetting or arbing is a situation where a player can place bets on opposing outcomes of a specific event in such a way as to get income regardless of its final result.
Surebets arise due to differences in the odds offered by various bookmakers and are categorized into several types: based on the timing of the event and the number of outcomes.
Simple sure bets consist of two outcomes, but three-outcome arbs, which are more complex to work with, are also quite common.
Read full article... Read full article...
Wednesday, January 03, 2024
Score Big with These Must-Try Strategies for Football Online Live Stream Bliss! / Personal_Finance / Gambling
By: Sumeet_Manhas
Introduction
In the ever-evolving digital landscape, football enthusiasts are increasingly turning to online live streams for an immersive and convenient way to experience their favorite matches. This article explores various strategies to enhance your football online live stream bliss, including key terms like "truc tiep bong da" and "xoilac." Let's dive in!
Monday, January 01, 2024
S&P Stock Market Analysis, Detailed Trend Forecast Jan to Dec 2024 / Stock-Markets / Stock Markets 2024
By: Nadeem_Walayat
Dear Reader
HAPPY NEW YEAR 2024!
Monday, December 25, 2023
Crypto Mania Coming 2024! Michael Saylor MSTR Bitcoin Mad Genius! / Currencies / cryptocurrency
By: Nadeem_Walayat
Crypto Mania coming 2024, crypto's are now 5% of my portfolio 6.4% including coinbase, I am locked and loaded to party like it's 2024! Ready for another X2, then X3 and some crypto's will likely X5 from here such as Solana and Link. The only negative will be the HUGE tax bill! The sooner Bitcoin ETFS appear the better, apparently around the 10th of January so I can cycle some of my crypto exposure out of taxed holdings into tax free wrappers, though I already hold a fair chunk of Micro strategy, that crazy Michael Saylor is in an infinity loop! Sells shares in Micro strategy that he uses to buy bitcoin which pushes the price of bitcoin up that pushes the price of Micro strategy up and then he rinse and repeats, if this keeps going them Micro strategy will soon become the worlds most valuable Company, worth more than Apple!Read full article... Read full article...
Monday, December 25, 2023
Stock Market S&P Santa Rally to the MOON! / Stock-Markets / Stock Market 2023
By: Nadeem_Walayat
Ho Ho Ho , Merry Christmas, have you all been good boys and girls during 2023? What do you want Santa to bring you for Christmas? Pop S&P 4800+ down your chimney? New all time highs in a number of AI tech stocks to celebrate Christmas morning.... Your family will wonder why this year you are so much more full of christmas spirit!
Read full article... Read full article...
Friday, December 22, 2023
AI Tech Stocks - The Good, the Bad and the Ugly / Companies / AI
By: Nadeem_Walayat
Ho Ho Ho , Merry Christmas, have you all been good boys and girls during 2023? What do you want Santa to bring you for Christmas? Pop S&P 4800+ down your chimney? New all time highs in a number of AI tech stocks to celebrate Christmas morning.... Your family will wonder why this year you are so much more full of christmas spirit!
Read full article... Read full article...
Friday, December 22, 2023
Fed Delivers Christmas Champagne to Wall Street / Stock-Markets / Stock Market 2023
By: MoneyMetals
By Thomas L. Hogan, Money Metals Exchange : It's Christmas on Wall Street as the long-awaited pivot is here, with Jerome Powell last week announcing the Fed's giving up on inflation and turning to that long-promised recession.
Read full article... Read full article...
Friday, December 22, 2023
Are Stocks Turning Bearish? Opportunities in Consolidation / Stock-Markets / Stock Market 2023
By: Paul_Rejczak
Stocks sold off yesterday, but maintaining a bullish bias is still justified, and the market may have another opportunity to reach new highs. However, it’s crucial to pay close attention to the trading action, as there could be more uncertainty and volatility ahead.The S&P 500 index lost 1.47% on Wednesday, as it retraced its recent run-up following a quick profit-taking action in the middle of the day. The index reached new local high of 4,778.01 before going down to 4,700 level. The market was even closer to its Jan. 4 of 2022 all-time high level at 4,818.62 yesterday. Recently it was extending the uptrend following last week’s release of the FOMC Statement release on Wednesday, which marked a pivot in the Fed’s monetary policy. In early December the S&P 500 broke above the late July local high of around 4,607 after resuming a rally from the local low of 4,103.78 on October 27.
Read full article... Read full article...
Friday, December 22, 2023
Hey, Remember About Gold Price’s Powerful Reversal? / Commodities / Gold & Silver 2023
By: P_Radomski_CFA
Gold price has been falling in today’s pre-market trading, but… Given the recent (HUGE!) weekly reversal, does it really surprise anyone?
The Historical Context
Well, it might surprise those that easily forget what happened in the previous weeks and focus on just the day-to-day price swings, but the truth is that the context provided by previous weeks, months, and years (and the performance of other markets!) matters a lot.
I previously wrote about some details coming from the broader perspective and some from the immediate-term analysis, and all that remains true. The recent weekly reversal was so huge that its impact on the next weeks really needs to be kept in mind at all times. It’s not likely that a daily price moves in any direction (especially that gold is lower today…) would invalidate the implications of the powerful weekly (!) reversal.