Tuesday, August 07, 2018
Tourists Getting Scammed on Westminster Bridge London - Three Cups Find the Ball Scam / Personal_Finance / Scams
By: N_Walayat
One of the must do's for all tourists visiting London is to go on a walk along Westminster Bridge, and tourists being tourists tend to drop their guard down to take in as much of the sights and sounds whilst on their holiday.
Unfortunately this leaves tourists open to getting scammed as this video illustrates it's really easy to fall victim to a scam as the unsuspecting tourists, such as Anika here are buttered up by with what seems like an easy to win game. Of course it's meant to look easy to win, that is until one puts their own money on the line.
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Monday, August 06, 2018
The Exponential Inflationary Stocks Bull Market - Video / Stock-Markets / Stock Markets 2018
By: Nadeem_Walayat
This is part 2 of my stock market in-depth analysis that concludes in a detailed trend forecast. The whole of this analysis that includes my detailed trend forecasts was first made available to Patrons who support my work. 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.
Monday, August 06, 2018
Land Rover Discovery Sport Oil Change Service Dash Warning Message / ConsumerWatch / Motoring
By: N_Walayat
Land Rover's sales pitch is that the Discovery Sport's first service is due at 21,000 miles or 2 years, thus saving owners on expensive annual services. That and their service packs only tend to cover for 1 service every 2 years which may be the reason for the 21,000 miles service sales pitch. Unfortunately on the one hand there's the sales pitch and then there's the reality of what to actually expect when owning and driving a Land Rover Discovery Sport as the two don't quite tend to match.
For instance, the internet is littered with comments about how warnings are popping up on owners dashboards requesting an oil service for a potential multitude of reasons such as diesel getting into the engines? which in some examples oil change services are being requested at less than 7,000 miles! So I decided to track the service indicator for my HSE Black for when the car would request a service and this is the resulting video that all DISCO Sport owners should take note of, that they should NOT rely on the 21k sales pitch but check their oil service mileage indicator on a regular basis, else risk being in for an unexpected dash shock message that an oil service is now due!
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Monday, August 06, 2018
Wilshire 5000 Already Made a New All-time High. Bullish for Stocks / Stock-Markets / Stock Markets 2018
By: Troy_Bombardia
The S&P 500 is the most widely referenced index for the U.S. stock market. However, the Wilshire 5000 index is most representative of the U.S. stock market because it encompasses every single stock in the U.S. stock market.
While the S&P 500 has yet to make a new all-time high, the Wilshire 5000 index has already made a new all-time high vs its January 2018 all-time high.
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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.
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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.
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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.
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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.
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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
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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.
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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!
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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