Tuesday, May 31, 2022
How to Beat the Cost of Living Crisis By Growing Your Own Tomatoes at Home (Beefeater) / Personal_Finance / Money Saving
By: Eliza_Walayat
The cost of living crisis has sent food prices soaring in the supermarkets, for instance just ONE beefeater tomatoes costs 75 pence! However these can be easily grown at home from seed which one can get from beefeater tomatoes. Here Eliza shows how it is literally child's play to get started by growing your own tomatoes and other vegetables at home to beat the cost of living crisis.
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Tuesday, May 31, 2022
Stock Market Game Plan Ahead / Stock-Markets / Stock Market 2022
By: Monica_Kingsley
S&P 500 did fine on Friday as well, and the long streak of weeks in red, is over (for now). The rally would continue for quite a while longer – after all, we indeed got the sign inflation made its peak with the May data. Also right on schedule, the top in yields came – coupled with some retail earnings, personal income and PCE data, the stock market rally could proceed. And it has further to go, quite further to go – before peaking and rolling over to fresh lows. Yes, I don‘t think we‘re looking at a fresh uptrend, there is still much stress (to be reflected in stock prices) in the consumer arena.
For now, the key question is the degree to which VIX calms down – would it be able to keep below 23-24 to extend the shelf life of this rally? And for how long would the lull in volatility last? I think the answer is a few short weeks, before it becomes obvious that the fundamentals haven‘t changed. The consumer remains in poor shape, inflation would remain stubbornly high (even as it had indeed peaked), and the credit default swaps for quite a few (consumer sensitive) companies are rising relentlessly, which isn‘t yet reflected in underlying stock prices. I‘m talking financials too – this broad stock market rally has more than a couple of percent higher to go before the weight pulls it back down, and earnings estimates get downgraded again.
In short, this is a false dawn, but it would feel like a fresh dawn. Counterintuitively, it would be accompanied by retreating yields – regardless of the persistent inflation. Remember also my words that the Fed won‘t be able to engineer a soft landing this time, I‘m not counting on that – the conditions are so much different macroeconomically now than they were in the mid-1990s, which was the last time they could pull it off. Just ask yourself how much slack in the job market is there, what about the peace dividend now and prospects for the brighter aspects of globalization. No, I‘m not buying that – this reprieve would give way to a fresh stock market downleg, manufacturing growth would crawl to a standstill, and that‘s when the central bank would be forced to back off tightening.
Tuesday, May 31, 2022
Food, a Global Crisis – How bad is it going to get? / Commodities / Food Crisis
By: Richard_Mills
A comparison of this year’s grocery bills to last year’s yields a simple yet terrifying conclusion: food prices are rising at a rate beyond anyone’s imagination.
The Food and Agriculture Organization’s (FAO) food price index, which tracks the price movements of the most commonly traded and consumed food crops, recently reached its highest on record.
Most point to the exorbitant prices, like with many other commodities (i.e. oil), to the ongoing war in Europe, which has caused major disruptions to the global supply chain. Indeed, Russia’s invasion of Ukraine earlier this year triggered a series of events that blocked off some of the region’s supply routes, taking away a significant portion of the world’s food supply. The result? every category of food we consume — wheat, meat, dairy products, etc. — got more expensive.
FAO economists estimate that Russia and Ukraine together provided around 30% of the global wheat supply and 20% of maize exports over the past three years, representing a significant chunk of the global food supply. It’s been estimated that nearly 25 million tonnes of grain alone have been eliminated from the supply chain since Russia’s blockade of Ukrainian ports.
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Tuesday, May 31, 2022
How Inflation is Inflating Your Building Insurance Bills / Personal_Finance / Insurance
By: Boris_Dzhingarov
As expert and experienced insurer Deacon Insurance admits, flat insurance policies can be quite complicated and it’s a greatly different situation to that involved in insuring the average, standard property. The numerous issues around it, and many factors influencing it, are wide and varied, while the cost of it is increasing all the time. This might be old news to you, but it’s worth looking into to see if you can save yourself some pennies.
So, why the sudden increase in insurance premiums, especially for those who own the lease for a block of flats?
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Tuesday, May 31, 2022
The growing need for sustainable packaging amidst an emerging energy & climate crisеs / Companies / Climate Change
By: Sumeet_Manhas
In a fast-paced world where environmental problems, energy, and climate crisеs are taking a toll, businesses are slowly starting to recognize what impact they have and clients are starting to demand a change. In an effort to become more environmentally-friendly and energy-conscious, companies from all industries are starting to implement new practices and invest in sustainable packaging solutions.
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Sunday, May 29, 2022
What is the Crackup Boom? / Economics / Crack Up BOOM
By: Nadeem_Walayat
The crackup boom as theorised by :Ludwig von Mises in the 1920's in the face of Austrian hyperinflation is when the masses wake up to the inflation game the government and the central bank have been playing, that of printing money on an epic scale that devalues the value of fiat currency resulting in ever higher price rise in the shops coupled with increasing lack of supply as prices rise due to producers / sellers inclined to slowdown the process of delivery for higher future prices in response to which the government prints even more money to placate the masses in response to demands the government do something to address the "cost of living crisis".
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Sunday, May 29, 2022
Stock and Bond Markets Relief Rally / Stock-Markets / Financial Markets 2022
By: Gary_Tanashian
As inflation signals cool, various markets get relief
Whether a bounce or something more extended, a bear market rally was bound to get off the ground sooner or later. It was a matter of time, with stock market sentiment this over-bearish.
Here is how the US Stock Market segment led off last weekend in NFTRH 706:
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Sunday, May 29, 2022
Global Financial Elite in Davos Lust for New Powers / Stock-Markets / Financial Markets 2022
By: MoneyMetals
As global elites met in Davos this week to discuss their latest plans for a Great Reset, ordinary investors are hoping for a great rebound in their portfolios.
The stock market did finally bounce after suffering several consecutive weeks of losses. Whether it’s a just a short-lived relief rally or the start of something bigger remains to be seen.
The U.S. Dollar Index may also be gearing up for a run, but to the downside. After moving higher against foreign currencies for most the year, the dollar is now declining for a second consecutive week.
Dollar weakness helped support a modest rise in gold and silver prices.
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Sunday, May 29, 2022
Managing Emotions – How FOMO Affects Your Trading And Your Life / InvestorEducation / Learn to Trade
By: Chris_Vermeulen
Managing emotions you say? Often we hear that we are supposed to trade without emotion as if we’re robots. That’s a big fat myth.
“If you can keep your head when all about you are losing theirs….”
From “If,” by Rudyard Kipling
We’re in a challenging market. Here are some thoughts on how to not just survive but thrive as we work through a significant peaking phase of the economic and market cycles.
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Sunday, May 29, 2022
Why the Timing of the Next Economic Slump May Surprise Big Time / Stock-Markets / Stock Market 2022
By: EWI
"The stock market leads GDP," not the other way around
Do you recall how many government officials, economists or bankers anticipated the severity of the "Great Recession" before late 2007 into 2009?
Do you recall even one?
If a name doesn't come to mind, that's because hardly anyone of prominence provided a warning. Indeed, just the opposite.
Here's a March 29, 2007 NBC News headline:
U.S. economic growth revised up
Granted, this view by a group of economists was early in 2007, but still -- a historic stock market top was then only six months away and the start of the Great Recession was only eight months down the road.
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Sunday, May 29, 2022
Useful Tips On How To Choose The Right Web Hosting Service / Companies / SME
By: Steve_Barker
No matter what type of website you have, the need for a reliable web hosting service is essential. Your site needs to be available at all times and should be fast and easy to access. A good web hosting service will provide you with these features, as well as others that can make your site run more smoothly. It's important to choose a web hosting service that can meet your needs, so here are some useful tips on how to choose the right one.
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Saturday, May 28, 2022
Why Ray Dalio is WRONG About Rise of China - Principles for Dealing with the Changing World Order / Politics / GeoPolitics
By: Nadeem_Walayat
Ray Dalio's new book and associated video Principles for Dealing with the Changing World Order paints picture for the inevitable rise of China to displace the United States following inevitable military conflict that will usher in a NEW Chinese World Order
However after watching Roy Dalio's video I see at least 3 major flaws in his rise of China to displace the US thesis.
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Saturday, May 28, 2022
Sell the Stocks Bear Market Bounce / Stock-Markets / Stock Market 2022
By: Michael_Pento
Bear market bounces are violent yet short-lived. The latest excuse for an oversold rally was provided by JP Morgan's Jamie Dimon. The bank's CEO stated at Morgan's Investor Day Conference on Monday, May 23rd, that the US economy remains strong despite gathering storm clouds. He said, "I'm calling it storm clouds because they're storm clouds. They may dissipate." This was indicative of the typical vapid speech of the optimistic bank CEO. While he was at it, he also raised the bank's outlook for Net Interest Margin at the bank's conference, causing the usual parade of Dimon groupies to celebrate with orgasmic delight about his confidence in the economy.Perhaps Dimon is compelled to do his impression of PT Barnum because shares of JPM have lost 30% of their value so far this year. But before you believe Dimon is some economic oracle, listen to what he predicted about US economic growth on Jan. 11th when he publicly proclaimed his 2022 outlook, "We're going to have the best growth year we've ever had this year, I think, since maybe sometime after the Great Depression." He said this during a quarter that would later show to have shrunk at a 1.4% annualized rate. And that bad economic data didn't cease at the end of Q1. S&P Global US Composite PMI Output, which tracks the manufacturing and services sectors, fell to a reading of 53.8 in May, from a 56.0 reading in April, which means the economy is fast approaching contraction territory in Q2. A slew of manufacturing PMIs also supports the view that the US and, indeed the entire global economy is faltering. The plunging numbers on home purchases and refinancing activity indicate danger is ahead. Nevertheless, despite a parade of sharply declining economic data, the financial media is promoting the view of Wall Street analysts that earnings growth is actually going to be robust this year and next.
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Saturday, May 28, 2022
Sorry, Warren Buffett, You’re wrong About Crypto Currencies / Currencies / cryptocurrency
By: Stephen_McBride
I’ll warn you now.
What I’m about to say about the greatest investor of all time is controversial…
First, let me clear the air. We all know Warren Buffett is a legend when it comes to stocks. He’s made an annualized return of 20% for his shareholders since 1965. No one can match his track record, discipline, or longevity.
As my colleague, Chris Reilly, pointed out on May 16, Buffett’s buying quality stocks hand-over-first right now with markets down.
That’s a smart move that’s likely to pay off big time.
Saturday, May 28, 2022
The Golden Rule for Picking Tiny Stocks / Companies / Investing 2022
By: Submissions
By Chris Wood : With thousands of tiny stocks out there… how can I filter out the junk from the ones with truly huge, 500%+ potential?
As RiskHedge’s microcap expert, it’s one of the most popular questions I get…
And today, I’m sharing the easiest way to put the odds of success in your favor.
In short: The quickest way to compile a shortlist of tiny stocks with the potential to hand you game-changing profits is to apply this golden rule:
Friday, May 27, 2022
Britain's Hyper Housing Market / Housing-Market / UK Housing
By: Nadeem_Walayat
In Britain we have long since known and factored into the equation the China effect on London's property market that has long since sent it soaring into the stratosphere following the stagnation of the Mid 1990's which was probably one of the best times in decades to buy a property in terms of bang for ones buck i.e. it was before immigration soared into the stratosphere courtesy of the open door policy of Tony Blair's Labour government as the socialists enticed millions of eastern european's to come to the UK and become new Labour voters that sent house prices soaring across Britain and eventually putting housing out of the reach of many millions of prospective home buyers who enjoyed a brief respite in the aftermath of the great financial crisis when demand slumped along with the economy.
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Friday, May 27, 2022
Lower Copper price due to Chinese lockdowns is only Temporary / Commodities / Copper
By: Richard_Mills
Copper is one of our most important metals with more than 20 million tonnes consumed each year across a variety of industries, including building construction (wiring & piping,) power generation/ transmission, and electronic product manufacturing. The red metal is also a key component in transportation; electric vehicles use about four times as much copper as regular internal combustion engine vehicles.
A combination of supply disruptions, historically low copper stockpiles and higher energy costs, propelled copper to a new all-time high of $4.94/lb on Friday, March 4.
Since then, the base metal has lost momentum mostly because of lower demand in China, the world’s biggest consumer of copper end products.
The latest data shows China’s copper imports fell 4% in April, year on year, as the return of covid-19 forced lockdowns of several Chinese cities including Shanghai, hurting manufacturing and consumption.
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Friday, May 27, 2022
How the United States Conquered Inflation Following the Civil War / Economics / Inflation
By: MoneyMetals
By Larry Reed : Americans today are once again the victims of price inflation brought on by runaway government spending and printing of unbacked paper money.
According to the most recent polling data, the American public’s approval of Congress stands at a dismal 21 percent. Almost four times as many people disapprove of the job it’s doing.
That’s par for the course in recent decades. It’s the major reason the Washington sausage grinder earns so little praise. To be fair, though, let’s review an occasion when lawmakers got something right. I’m prompted to share this story now because its lessons are especially relevant considering today’s concerns about rising price inflation. The year was 1875.
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Friday, May 27, 2022
Greater Depression Now!? / Economics / Great Depression II
By: Raymond_Matison
Most investors know that a recession is defined by a decline in national GDP for two quarters, that is, two three month periods. Investors also have experienced economic pundits writing or announcing that “we may experience a recession in the next several quarters, or expect one in the next one to two years”. It seems that we are actually never in a recession, but rather a recession may be experienced by the public in the not too distant future.
In one respect that viewpoint is understandable since it takes several months for the National Bureau of Economic Research (NBER) to confirm that the economy has previously experienced two quarters of negative growth, and thus they can never confirm that we are in a recession, but rather we can only know with a lag that we have previously experienced a recession. It could take up to a year for the NBER to confirm that we were in a recession, but by the time they are able to confirm this fact – we may already have exited that recession. Also, it requires significant lags of time to confirm that the economy continues to remain in a recession. Thus, such information may be valuable and interesting to economists, but because of reporting and confirmation lags, it has essentially no value to the consumer.
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Friday, May 27, 2022
Stocks: Is the Really Scary Part Just Ahead? / Stock-Markets / Stock Market 2022
By: EWI
Here's one of the actions which investors take when they get "rattled"
Big daily selloffs have occurred since the stock market's downtrend began in January.
For instance, on May 18, the Dow Industrials closed lower by 1,161 points -- a 3.6% drop. The S&P 500 shed 4% on the same day.
Yet, most investors aren't exactly shaking in their boots. Panic is absent.
After the market close on May 18, the U.S. Short Term Update, a thrice weekly Elliott Wave International publication which analyzes near-term trends for major U.S. financial markets, showed this chart and said:
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