Wednesday, May 03, 2017
London Housing Market Property Bubble Vulnerable To Crash / Housing-Market / UK Housing
– London property market vulnerable to crash
– House prices in London are falling
– London property up 84% in 10 years (see chart)
– House prices have risen over 450% in 20 years
– Brexit tensions as seen over weekend and outlook for U.K. economy to impact property
– Global property bubble fragile – Risks to global economy
– Gold bullion a great hedge for property investors
Wednesday, May 03, 2017
Can Madame BrExit Marine Le Pen Win French Presidential Election? / Politics / France
All eyes are now on the second and final round of voting to be held in a few days time on 7th May 2017 when Centrist Macron and Far Right Le Pen go head to head. The consensus view is that Marine Le Pen just CANNOT Win, as the odds are heavily stacked against her with the polls giving Macron a healthy lead of 60% against Le Pen trailing heavily behind on 40%,that's a 20% gap!
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Wednesday, May 03, 2017
Here’s Why Russia Opens The Door To Cryptocurrencies / Currencies / BlockChain
Antonia Colibasanu : Russia has announced that it will legalize the use of cryptocurrencies. The government confirmed last week that a draft bill would create the legal framework for trading in bitcoin, dash, ether, and other digital currencies.
This comes a year after the same Russian institutions said people trading in these currencies could be jailed. This raises two important questions: Why has the government made this U-turn? What opportunities does it now see in this technology? The answers lie in Russia’s need to address serious problems in the banking sector and their impact on the economy.
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Wednesday, May 03, 2017
How Online Retailers Are Killing True Free-Market Pricing / Personal_Finance / Retail Sector
BY PATRICK WATSON : American stores are dropping like flies. More than 8,600 retail locations could close their doors in 2017, according to a recent Credit Suisse report.
On the other hand, people are still shopping, just in different ways. And the shift from brick-and-mortar stores to “online malls” has many consequences we don’t even understand yet.
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Wednesday, May 03, 2017
Big Oil Betting On Electric Vehicles / Companies / Electric Cars
Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA's chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030.
Oil demand for transportation fuel see its "demand will flatten out," after 2030, Couse said. "Maybe even decline."
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Tuesday, May 02, 2017
The Plan to Control ALL Your Money is Now at Advanced Stage / Personal_Finance / War on Cash
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Tuesday, May 02, 2017
Who Are the World’s Biggest Military Spenders, Really? / Politics / GeoPolitics
The conventional narrative is that the world is threatened by the assertive China and Russia. The inconvenient narrative is that China is modernizing, while US priorities are misguided, Dan Steinbock says.When China recently launched its first domestically built aircraft carrier, New York Times saw it as “a milestone in President Xi Jinping’s drive to extend China’s military reach far beyond its shores.” First reports surfaced in early 2016, when Washington Post headlined, “By 2030, South China Sea will be ‘virtually a Chinese lake’.”
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Tuesday, May 02, 2017
British Secret Intelligence Service Spymasters / Politics / Intelligence Agencies
England is a mythical land of Magna Carter power politics heritage. Such cultural and emotional symbols as 'Mrs. Miniver' Rose or the White Cliffs of Dover are engrained in the public consciousness as essential British tradition. When the "Bard of Avon" presented his indispensable observations, Shakespeare on England defined the perception essence of countless generations.
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Tuesday, May 02, 2017
Stock Market VIX Gets Jammed to a New 10-year Low / Stock-Markets / Stock Market 2017
VIX was jammed down to 9.90 toward the close today. This makes a new low not seen since December 15, 2006. That also means that Super Cycle Wave (b) may just be finishing in VIX.
I have to caution that the decline may not be complete, even though I have labeled it so. Today is just 4 days shy of a probable 540-week Super Cycle in the VIX, divisible by 4.3 and 3.1416. The normal Super Cycle in VIX is 516 weeks.
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Tuesday, May 02, 2017
Stock Market Due for Minor Pull Back / Stock-Markets / Stock Market 2017
Over 2 weeks ago, I was looking for a top on April 26th and another on May 1. Today's top appears to be a secondary top, which is pointing down in the coming days. My best guess is a move to 2356/57 SPX by Tuesday this week, and by Thursday or Friday, a move down to as low as the 2344/47 area covering or filling the recent gaps. Another move back up to new highs by around May 16th or 17th should be it for the intermediate term with a major 18 month low beckoning in early to mid August of this year.
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Tuesday, May 02, 2017
Stock Market Euro-phoria / Stock-Markets / Stock Market 2017
A critical factor in risk-asset pricing is inflation expectations and inflation expectations are directly affected by the price of commodities. Looking at the futures markets, equity bulls should be concerned. The damage to commodities is already showing in the Chinese equities complex.
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Tuesday, May 02, 2017
Trump's Tax Outline Won't Avert Stock Market Correction / Politics / Stock Market 2017
The primary catalyst to keep investor confidence sky-high while stocks are fliting with the most expensive valuations in history is the passage of Trump's comprehensive tax relief plan. But one thing is for sure, the current tax changes being proposed by the President will morph over time and will be significantly watered down if it is ever to become law. Therefore, since the final plan will be significantly diluted from the proposed form, its effect on the economy and for equity prices will be extremely attenuated. This means the current ebullience on Wall Street is about as far offside as possible.
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Tuesday, May 02, 2017
Save Liberty, Shut Down the Government / Politics / US Politics
Congress ended the week by passing a continuing resolution keeping the government funded for one more week. This stopgap funding bill is designed to give Congress and the White House more time to negotiate a long-term spending bill. Passage of a long-term spending bill has been delayed over objections to Republican efforts to preserve Obamcare's key features but give states a limited ability to opt out of some Obamacare mandates.
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Tuesday, May 02, 2017
Hi Yo Silver! Sort Of… / Commodities / Gold and Silver 2017
In January, 1980 silver peaked at close to $50.00 per ounce and gold hit its high point of approximately $850.00 per ounce. Thirty-one years later, in 2011, both metals again reached lofty levels.
For gold, the new high point was $1900.00 per ounce. For silver, the number was $50.00 per ounce; again.
Six years later, as of this writing, gold is priced at $1260.00 per ounce. Silver is at $17.00 per ounce and change.
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Tuesday, May 02, 2017
Why is North Korea Being So Unreasonable? / Politics / North Korea
On April 28, Secretary of State Rex Tillerson told the U.N. that North Korea “must dismantle its nuclear missile programs” before the US “can even consider talks.”*
Sounds reasonable.
Why hasn’t the Kim Jong-Un regime responded with open arms and shouts of joy for this generous and fair-minded proposal from Uncle Sam?
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Tuesday, May 02, 2017
Freeport McMoRan (FCX) Outlook Turning Bullish / Companies / Company Chart Analysis
Freeport McMoRan Incorporation (NYSE: FCX) is the world’s largest publicly traded copper and molybdenum producer and it’s also a major producer of gold but almost 70% of revenues are from the sale of copper. The Phoenix, Arizona-based companyis primarily engaged in mineral exploration and development, mining and milling of copper, gold, molybdenum and silver, as well as the smelting and refining of copper concentrates.
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Tuesday, May 02, 2017
Trump Tax Cut Can Create the Last Stock Market Rally Since 2016 / Stock-Markets / Stock Market 2017
As part of President’s Trump campaign pledge, he wants to sharply reduce the tax rate for all businesses from multinational corporations to mom-and-pop shops to 15%. Treasury Secretary Steven T. Mnuchin said this is the biggest tax cut and the largest tax reform in the U.S history. Currently the U.S. corporate tax rate is 35% and it is the highest among developed economies. President Trump also plans to simplify and reduce individual tax rate with the highest individual tax rate dropping to 25%.
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Monday, May 01, 2017
America's Deep State Wars - The Horror! The Horror! / Politics / US Military
I'm constantly amazed by the ability of those in power to create a narrative trusted by a gullible non-critical thinking populace. Appealing to emotions, when you have millions of functionally illiterate, normalcy bias ensnared, iGadget distracted, disciples of the status quo, has been the game plan of the Deep State for the last century. Americans don't want to think, because thinking is hard. They would rather feel. For decades the government controlled public education system has performed a mass lobotomy on their hapless matriculates, removing their ability to think and replacing it with feelings, fabricated dogma, and social indoctrination. Their minds of mush have been molded to acquiesce to the narrative propagandized by their government keepers.
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Monday, May 01, 2017
Stock Market Getting to "B" / Stock-Markets / Stock Market 2017
Current Position of the Market
SPX Long-term trend: Uptrend continues.
SPX Intermediate trend: The correction from 2400 continues,
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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Monday, May 01, 2017
Cocoa Commodity Buying Opportunity / Commodities / Cocoa
I last analysed the cocoa price in March 2015 in a report titled Cocoa Technical Outlook. Since then price has traded exactly as outlined. Below is the yearly chart from that analysis.
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