Friday, June 23, 2017
Nether Edge By Election Result: Labour Win Sheffield City Council Seat by 132 Votes / ElectionOracle / Sheffield
By: N_Walayat
The Labour party managed to cling on to their Nether Edge and Sharrow Sheffield city council seat on a reduced majority as the Lib Dems split the opposition vote thus depriving the Green party of their 5th city councillor as the results illustrate:
STEINKE Jim - Labour Party 2641
UNWIN Rob - Green Party 2509
ALI Shahid - Liberal Democrats 722
Thursday, June 22, 2017
Here’s Why China’s Supposed Influence Over North Korea Is A Bluff / Politics / North Korea
By: John_Mauldin
By Xander Snyder : The US is pushing China deeper into a corner over the crisis with North Korea. It wants the Chinese to persuade the North Koreans to give up their nuclear weapons and ballistic missile programs.
The popular perception is that Beijing has substantial leverage over Pyongyang, partly because China is North Korea’s largest trading partner. This impression also stems from China’s proposals to mediate trade concessions between North Korea and the United States.
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Thursday, June 22, 2017
FAANG Is Now a Textbook Example of an Overheated, Unsustainable Market / Stock-Markets / Stock Market 2017
By: John_Mauldin
Technology stocks suffered from a little anxiety attack in the markets last week.
It didn’t last long and really wasn’t all that serious. (Yet.) It was nothing worse than what everyone called “normal volatility” 10 years ago.
But the lack of concern it generated this time is not bullish. More than a few investors seem to think that “nowhere but up” is somehow normal.
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Thursday, June 22, 2017
The Deflation Application / Economics / Deflation
By: Charles_Sizemore
Once in a while I see a financial news headline so obviously ridiculous, I feel I should look at the writer with pity in my eyes and pat them on the head, the way you might comfort a child that just dropped his ice cream cone on the floor.“Inflation is Right Around the Corner, Yellen Insists.”
Of course it is…
In defense of the columnist who wrote the story, these weren’t necessarily his views. He was simply relaying the Fed Chair’s comments from Wednesday.
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Thursday, June 22, 2017
Grenfell Fire: 600 of 4000 Tower Blocks Ticking Time Bomb Death Traps! / Housing-Market / UK Housing
By: Nadeem_Walayat
As suspected the use of combustible cladding that the residents of Grenfell Tower paid a heavy price for is widespread across Britain's social housings sector, not a dozen suspected tower blocks, or even 100, but as many as 600 of Britain's 4000 Tower blocks could be primed to first gas (cyanide) and then incinerate their residents.
Thursday, June 22, 2017
Car Sales About To Go Over The Cliff / Companies / Auto Sector
By: Harry_Dent
The Retail Apocalypse.Carmageddon.
Same story.
Different industry.
And we called both decades ago!
Autos are the last splurge for aging Baby Boomers. Their kids leave the nest and finally the parents can buy the car they wanted, not that damned minivan to taxi kids around.
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Thursday, June 22, 2017
LOG 0.786 support in CRUDE OIL and COCOA / Commodities / Commodities Trading
By: Stephen_Cox
Originally written in the Wednesday JUN 21 MRI 3D Report,
CRUDE OIL GROUP- CLQ 17 (4253): (W.D. GANN): Today is 19 trading days down from 52.00. 52×19= 988 Subtract 988 from 52.00 = 42.12 = the square of TIME and PRICE. Today’s low = 42.05.
TIME: Today is 33a/May04 LOW, 7×7(G)d/APR12 TOP and 120(G)d/55.24 Jan03 TOP
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Thursday, June 22, 2017
More Stock Market Fluctuations Along New Record Highs / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
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, June 22, 2017
NZDUSD Is Testing Trend Line Resistance / Currencies / Forex Trading
By: Franco_Shao
The NZDUSD pair is facing the resistance of the descending trend line from the September 2016 high of 0.7484 to the February 7 high of 0.7374, now at around 0.7275 on its daily chart. After touching the trend line resistance, the pair pulled back from 0.7319 and formed a sideways movement. All we can do now is to wait for the breakout to occur.
Thursday, June 22, 2017
Understanding true money, Pound Sterling must make another historic low, Euro and Gold outlook! / Currencies / British Pound
By: Marc_Horn
Our future is endless possibility only limited by our imagination.... our future reality depends on our choices and actions of today!
In December of 2012 MAP Wave Analysis confirmed a long term bull market which is not yet over!
In February 2016 MAP Wave Analysis projected the low in gold is not yet in.
In April 2016 MAP Wave Analysis projected BREXIT will not be achieved and Pound Sterling must make a new historic low. The BREXIT vote narrowly won, but as most are beginning to realise just over a year later that it was a scam and there will never be a break from Europe. Just the rate and commitments of the UK with the EU army are evidence that any "exit agreement" will not return sovereignty to the UK.
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Thursday, June 22, 2017
Green Party Could Control Sheffield City Council Balance of Power Local Election 2018 / Local / UK Local Elections
By: N_Walayat
The Green party with 4 Sheffield Council seats could see their numbers rise to 5 tonight at the Nether Edge by election that could set the scene for a shock Labour loss of control of the city council at the May 2018 local elections, by handing the Green's the balance of power so that a minority Labour could continue in power.
The key driver in the surge in the Green vote is Sheffield City Council's £2 billion PFI contract with Spanish owned firm Amey, effectively outsourcing local democracy to a multinational that over the past 2 years has gone out of its way to anger and outrage Sheffield's residents most notably in its wholesale felling of thousands of Sheffield's biggest and most beautiful trees, likely for profit such as for use as bio fuel as the following video illustrates.
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Thursday, June 22, 2017
Ratio Combo Charts : Hidden Clues to the Gold Market Puzzle / Commodities / Gold and Silver 2017
By: Rambus_Chartology
Today I would like to update a few ratio combo charts as several are at a crossroad, which may shed some light on where the PM complex may be headed next. A couple of the ratio combo charts worked out extremely well in calling a bottom in January of 2016.
Lets start with the TLT:TIP ratio combo chart we looked at recently which shows if we’re experiencing inflation or deflation. When the ratio in black is falling it’s showing deflation and when it’s rising it’s showing inflation. From the 2011 high the general trend has been for deflation. About a year ago you can see the black ratio was rising in a pretty strong move up, but late last year and the first part of this year the ratio topped out and has begun to fall. The red arrows shows how the ratio is reversing symmetry down over the same area on the way up. For the time being there isn’t much in the way of support.
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Thursday, June 22, 2017
Steem Hard Forks & Now People Are Making Even More Money On Blockchain Steemit / Currencies / BlockChain
By: Jeff_Berwick
It has been a year since I first heard the word “Steemit”.
Being involved in the world of cryptocurrencies I hear a lot of things on a daily basis. So much so that I really only have the time and energy to look into a small portion of the interesting things I hear about every day.
And, so it was with Steem. It was last June that a few people began to mention it to me. “You need to take a look at this,” was the general comment.
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Thursday, June 22, 2017
4 Steps for Comparing Binary Options Providers / / Gambling
By: Boris_Dzhingarov
....
Wednesday, June 21, 2017
Nether Edge & Sharrow By-Election, Will Labour Lose Safe Council Seat, Sheffield? / Local / UK Local Elections
By: N_Walayat
The Sheffield city council by election is to be held in the safe Labour council seat of Nether Edge & Sharrow tomorrow Thursday 22nd of June. Therefore the Labour candidate could be forgiven for taking a laid back approach to the election which following Jeremy Corbyn's spectacular general election campaign and outcome will surely be a walkover. Especially given that Labour managed to unseat former Lib Dem leader Nick Clegg in Sheffield Hallam barely 2 weeks ago.
Wednesday, June 21, 2017
Stock Market SPX Making New Lows / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
The bounce back made a 32.7% retracement which is a little suspect. However, we are now seeing an impulsive move to deeper lows. This may be a Wave (b) of the correction and could see a bounce back, but the further it goes, the less the probability of being a correction. It has crossed Short-term support at 2433.69, but may hesitate or bounce. A continued decline verifies the impulse.
Wednesday, June 21, 2017
This Chart Proves That Low Oil Prices Can’t Stop US Shale Oil Surge / Commodities / Crude Oil
By: John_Mauldin
By Geopolitical Futures, Mauldin Economics : The US has benefited from the shale revolution more than any other country. Not only does it have vast shale formations, most of its wells are located within its territory. That means producers don’t have to compete for jurisdiction or share their profits.
Shale oil is enmeshed in shale rock, which is located thousands of feet beneath the Earth’s surface and is generally less permeable than other rock types—making deposits more difficult to access.
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Wednesday, June 21, 2017
Yet Another Reason Why Healthcare Reform Will Be Disastrous / Politics / Healthcare Sector
By: John_Mauldin
BY PATRICK WATSON : Health care is now a huge, thorny political and economic issue, and the chart below shows one reason why.
The US spends far more on health care than other developed nations, with worse outcomes by many measures.
Yet, all that money doesn’t just disappear.
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Wednesday, June 21, 2017
Stock Market Is Headed for a “Minsky Moment”—It Can Happen Quickly, Too / Stock-Markets / Stock Market 2017
By: John_Mauldin
Economics has a lot of overused themes and phrases. One of them is highly relevant today yet forgotten by many.
It’s “Minsky moment,” the point at which excess debt sparks a financial crisis.
The late Hyman Minsky said that such moments arise naturally when a long period of stability and complacency eventually leads to the buildup of excess debt and overleveraging.
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Wednesday, June 21, 2017
Your Future Wealth Depends on what You Decide to Keep and Invest in Now / Commodities / Gold and Silver 2017
By: GoldCore
- Millienials look for instant gratification
- Spend half of their income on leisure
- Instant gratification doesn’t work if need to save for the future
- Savings rates falling, few have retirement funds
- Important to understand marginal difference between spending and pleasure
- Future wealth depends on what you decide to keep and invest in now