Monday, October 28, 2019
What if the Fed Stops Cutting Interest Rates? / Interest-Rates / US Interest Rates
Fed rate cuts have been the driving force of the recent gains in precious metals.
This is not a surprise to our readers as since 2018 we argued that a shift in Fed policy from rate hikes to rate cuts would springboard the next big move. History argued the same.
The market is showing a roughly 90% chance the Fed will cut rates this week which indicates the market has essentially already priced in the rate cut.
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Monday, October 28, 2019
Stock Market Final Touch? / Stock-Markets / Stock Markets 2019
Current Position of the Market
SPX: Long-term trend – There are no clear signs that the bull market is over.
Intermediate trend – Most likely building an intermediate top.
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 discusses the course of longer market trends.
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Monday, October 28, 2019
Three Stock Charts Every Investor Needs to See This Morning / Stock-Markets / Stock Markets 2019
Stocks broke upwards last week from the consolidation pattern we’ve been watching.
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Monday, October 28, 2019
The Hottest Tech Stock For 2020 / Companies / Tech Stocks
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Sunday, October 27, 2019
Stock Market Dynamics Changing for Year End Rally / Stock-Markets / Stock Markets 2019
Last week saw the US equity markets testing the all time highs and moving back a little. The action has been healthy. Markets are almost sanguinely comfortable that everything everywhere is doing great. The risks to the downside in economy seems not as important to investors.
We look at a plethora of charts and setups to drive the point which we have been making that market crash is not coming and we have saying that for over 6 months now. There might be a blip here and there but things are healthy.
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Sunday, October 27, 2019
Money Saving HALLOWEEN 2019 Scary Shopping at Morrisons / Personal_Finance / Holidays
We are fully into Halloween season now and we head out to Morrisons supermarket to see what kind of Halloween type stuff we can find!
Lots of scary stuff at cheap prices on show, we had to buy some.
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Sunday, October 27, 2019
Here is why Bitcoin jumped 20% (2019-10-25) / Currencies / Bitcoin
If you are having trouble finding the news behind the bitcoin price move, don't fret here is the answer.
1) Gold and silver starting to react to US FED repo non QE US Dollar creation.
2) Congress questioning of Zuck on Libra did not surprise.
3) Bitcoin price hit trusted outer demand channel line (see chart below).
Sunday, October 27, 2019
Latin America Sinks Under The Weight Of Its Third-Rate Currencies / Currencies / Fiat Currency
Latin America is plagued with many endemic economic problems. As a result, slow growth and economic instability are the order of the day. Latin America is sinking. In the grand scheme of things, it’s become irrelevant.
When it comes to listing culprits that account for the zombie growth rates in Latin America, the laundry list usually includes: high levels of corruption, a weak application of the rule of law, poor public services, a lack of public safety, and so on.
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Sunday, October 27, 2019
Land Rover Discovery Sport Car Money Saving - OBD2 Diagnostic Port Location DIY Diagnosis / Personal_Finance / Motoring
As soon as my Discovery Sports 3 year manufacturer warranty is up, up popped the dreaded yellow engine management warning light prompting a visit to the local land rover dealer for a diagnosis that they said would cost £150 if the my extended warranty (a few months under approved used) was rejected. £150! just to read the codes! Likely it will be much cheaper at a local garage, maybe £50 to £75. This prompted me to go on the hunt for my own ODB2I ECU reader, one that is likely to work with a Land Rover Discovery Sport. But first to take a look at the OBD2 port / socket so as to ensure whatever I buy actually fits the port which this video illustrates.
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Saturday, October 26, 2019
The Fed’s “Not QE” Is Morphing into “QE4ever” / Interest-Rates / Quantitative Easing
Another week, another new and expanded repo market intervention by the Federal Reserve. On Thursday, the Federal Reserve Bank of New York intervened twice with fresh liquidity injections. Fed officials raised their offerings for overnight repos up from $75 billion to a staggering $120 billion.
This comes on top of the $60 billion per month in Treasury bill purchases that will extend well into next year and possibly beyond. Over the past month alone, the Fed's balance sheet has soared by $200 billion.
You might think numbers like these should be quite alarming to investors and to anyone who holds U.S. dollars. But the strange thing about these Fed interventions is that hardly anyone seems alarmed. There’s no sense of rising risk being priced into the stock market. And the mainstream media is barely even mentioning these massive transfers of paper wealth.
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Saturday, October 26, 2019
Virgin Galactic Will Take Justin Bieber to Space—and It’s a Damn Good Investment / Companies / Tech Stocks
By Justin Spittler : Rumor has it, pop star Justin Bieber and actor Leonardo DiCaprio are taking a trip to outer space...It sounds like a sci-fi movie, but have you heard of Virgin Galactic? Founded by British billionaire Richard Branson, the company has built the world’s first spaceship.
Let me be clear...
It’s not just an idea. It’s not just a concept. It’s not just a glorified airplane.
It’s a real, working SPACESHIP… tested and approved by the US Federal Aviation Administration.
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Saturday, October 26, 2019
Will Central Banks Prevent Recession and Push Gold Down? / Commodities / Gold & Silver 2019
Trade wars, geopolitical tensions and slowing economic indicators. Both the ECB and the Fed have recently cut interest rates to stimulate slowing growth, hoping to escape possible recession. Will they succeed? After all, they don’t have the most reliable record when it comes to preventing busts. Let’s get into the central flaw of central banking and what it implies for gold.
Both the ECB and the Fed have just cut interest rates to stimulate slowing growth and to escape possible recession. Will they succeed? The question is, of course, rhetorical. The recovery from the Great Recession has been the slowest postwar recovery, despite the massive monetary (and fiscal) stimulus, as the chart below shows.
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Saturday, October 26, 2019
Silver & Gold to Inform Dr. Copper and so, the Macro / Commodities / Gold & Silver 2019
They call copper the metal with the Ph.D. in Economics. But these days Doctor Copper is little more than a quack in that regard, taking a cue from the metals whose interplay will be critical to deciding the coming macro for 2020 and the run up to the next US election. Thus, they are the 3 Metallic Amigos, riding together but providing different signals at different times (this being nftrh.com, you will have to put up with the odd shtick from time to time).
As we have noted repeatedly, the Silver/Gold ratio takes it place alongside other indicators (like long-term Treasury yields, yield curve, TIPs ratios, inflation breakevens, etc.) of a would-be inflationary environment. When silver (more cyclical, commodity-like characteristics) rises vs. gold (more counter-cyclical, liquidity haven characteristics) it is a hint toward an inflationary macro.
A daily chart of silver/gold shows a constructive ratio at yesterday’s close and this morning in pre-market silver is +2.77% while gold is +.77%. The implication could well be an end to the current bull flag consolidation at the moving averages and the next upturn in silver/gold, the miners and possibly the inflation/reflation trades that tend to follow.
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Friday, October 25, 2019
Stock Market Trend Forecast October to December 2019 (2/2) / Stock-Markets / Stock Markets 2019
This is part 2 of 2 of my in-depth analysis that concludes in a detailed trend forecast for the DJIA stocks index into the end of 2019. However, the whole of this analysis was first made available to Patrons who support my work. Dow Stock Market Trend Forecast Oct to Dec 2019
- Stock Market Trend Forecast Current State
- Yield Curve Inversion Current State
- US Presidential Cycle
- ELLIOTT WAVES
- Short-term Trend Analysis
- Long-term Trend Analysis
- MACD
- VIX
- SEASONAL ANALYSIS
- Formulating a Stock Market Forecast
- Dow Stock Market Forecast Conclusion
- AI Stocks Buying Levels
So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.
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Friday, October 25, 2019
The Mystery of China’s Third-Quarter Growth - Resilience or Gloom? / Economics / China Economy
Despite trade wars and geopolitics, Chinese economic growth shows resilience. So why is there a deep gap between the third-quarter data and gloomy international headlines?
After the release of third-quarter data, The Wall Street Journal headline sounded a warning: “China’s economic growth slowest in decades.” CNN seconded: “China’s economic growth drops to lowest level since 1992.” Reuters extended the timeline: “China’s GDP growth grinds to near 30-year low as tariffs hit production.”
Friday, October 25, 2019
Diving Deep Into The World Of Europe's Best Casinos / Personal_Finance / Gambling
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Friday, October 25, 2019
The End of College Is Coming / Politics / Student Finances
Every spring, millions of American high school kids are faced with this choice.It sounds like a no-brainer. And it used to be a no-brainer... because college used to cost a reasonable amount of money.
As recently as 1980, you could get a four-year bachelor’s degree at a public school for less than $10,000, on average. These days it’ll cost you at least $40,000… or upward of $140,000 for a private school... or well over $250,000 for a top school.
Unless a kid has rich parents or a full ride scholarship, he must borrow a ton of money to pay for the privilege of attending college.
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Friday, October 25, 2019
Gold, Credit And The Coming Financial Collapse / Commodities / Gold & Silver 2019
Since 2016, the US Monetary Base has declined by about 23.68%. This is the deepest and longest decline since the Federal Reserve was formed. This should not be ignored.
The last time there was a decline close to this magnitude,there was a sharp deflationary recession. That was the one that occurred from 1920 to 1921.
Below, is a long-term chart of the Monetary base that goes back to 1918:
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Thursday, October 24, 2019
Money Printing Fuelled Stocks Bull Market Hurtling Towards Financial Crisis 2.0 / Stock-Markets / Stock Markets 2019
The stock markets so far have confounded expectations for a deeper October correction by dutifully rallying for an assault on resistance, with the Dow trading to barely 0.5% of its all time high, all whilst the Trump and the Brexit chaos shows continue in the US and the UK. So how can this be? To once more iterate the general indices are on an exponential upwards curve, where deviations from the highs being buying opportunities for the fundamental reason of exponential money printing by whatever names it may go, QE, government bonds etc.. Governments of the world continue to print money that drives the exponential inflation mega-trend to which stock and other asset prices are leveraged.
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Thursday, October 24, 2019
Gold, the Shining Star Among Commodities / Commodities / Gold & Silver 2019
Gold is the most effective commodity investment, yet it is under-invested, the WGC reports. What makes it special and deserving of our focus? And how to translate that focus into an appropriate allocation within one’s portfolio?
Gold is Unique Commodity. Or… Maybe Not?
Gold is often included into commodities. It seems natural, gold is a metal, after all. And just like other raw materials, it is used in the production of manufactured goods. But gold is much more than that. According to the recent report published by World Gold Council, there are six features which differentiate gold from other commodities:
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