Tuesday, June 13, 2017
The Everything Bubble, Return Of The Subprime Mortgage / Interest-Rates / Subprime Mortgage Risks
By: John_Rubino
This cycle’s main bubble is in government bonds and fiat currencies, with a dash of large-cap tech thrown in for variety. But like a hurricane spawning tornadoes at its periphery, this Money Bubble is creating secondary bubbles like student debt and subprime auto loans that are impressively destructive in their own right.
An example of how extreme things have gotten is US housing, which — as the previous decade’s main bubble — wasn’t supposed to be a problem this time around. But apparently no sector is immune from all that excess central bank liquidity. As today’s Wall Street Journal notes, the subprime mortgage is now being resurrected:
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Tuesday, June 13, 2017
How One Forecasting Tool Defied the Stocks Bull Market Naysayers / Stock-Markets / Stock Market 2017
By: EWI
Three compelling Elliott wave charts lay it all out
The Elliott wave model often indicates a stock market outlook that's at odds with the sentiment of the crowd.
But, that's okay. The crowd is usually wrong at major market turns.
For example, two years ago on May 9, 2015, the bull market was six years old
and the third longest in history. A few days earlier, CNN Money said:
Tuesday, June 13, 2017
When Will Theresa May 'Dead Woman Walking' Resign? Forecast / ElectionOracle / UK General Election
By: Nadeem_Walayat
George Osborne the architect of the Conservative surprise general election victory of 2015 that no one saw coming as every polls based forecaster had been expecting a hung parliament with the most probable outcome being that for a Labour led coalition government. Instead David Cameron's Tories in 2015 eeked out a small outright majority government that gave the Conservatives the false confidence to go ahead with the EU referendum again based on the opinion polls that REMAIN just could not lose, but they did and so did Cameron and Osborne, replaced by May and Hammond.
Tuesday, June 13, 2017
Gold and Silver at Breakout Point from 6-Year Downtrend - David Morgan Exclusive / Commodities / Gold and Silver 2017
By: MoneyMetals
Mike Gleason: It is my privilege now to welcome in our good friend David Morgan of The Morgan Report. David, it's always a real pleasure to have you on with us and I'm especially excited to talk with you about some of the topics we've got on tap today. How are you?
David Morgan: I'm doing well Mike, thank you very much.
Mike Gleason: Well, as we begin here David, I want to talk to you about the danger of complacency because I think it's a very appropriate topic for the times we're in right now. To you and me and to many others in our space with a similar world view, we see a whole slew of reasons to own precious metals. We have threats of war in many places throughout the globe. We have a president here in the U.S. who the establishment hates and is hoping to oust if they get the chance. We have nation central banks printing new fiat currency at unprecedented levels all throughout the world.
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Tuesday, June 13, 2017
Goldman Sachs Crashes Tech FANG Stocks! / Stock-Markets / Stock Market 2017
By: Chris_Vermeulen
Last Friday June 9th, 2017, Robert Bouroujerdi, a Goldman Sachs analyst, “warned that the $600 billion outperformance by the 5 biggest tech stocks known as ‘FAAMG’ — Facebook, Amazon, Apple, Microsoft and Alphabet — had contributed about 42 percent of all stock market gains over the last year. Goldman worries that the boom has created an “valuation air-pocket,” similar to the ridiculously high valuations for tech stocks during the Dot-Com boom.”
Goldman Sachs comments “market’s over-reliance on FAAMG for growth and appreciation has created positioning extremes, factor crowding and difficult-to-decipher risk narratives.”
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Tuesday, June 13, 2017
Stock Market Long-term Elliott Wave View / Stock-Markets / Stock Market 2017
By: Anthony_Cherniawski
I am sending the charts in landscape to capture as much detail as possible. Wave [5] has been a stretch of 506 days, approximately 2.8 times the time of Wave [1]. By stretching, it gave us 17.2 years from high to high in this Super Cycle.
Wave [5] was 636.10 points, while Wave [1] was 347.61 points. Wave [5] was 2.81 times the size of Wave [1] in days.
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Tuesday, June 13, 2017
Manipulated and Made-up Markets / Stock-Markets / Market Manipulation
By: Michael_Pento
The economic ruse that is run by Communist China is growing bigger by the day. The formula behind what has been the Great Red Engine of global growth is really very simple: Print new money and funnel it through the state-owned banking system in order to entice businesses and individuals to incur a debilitating amount of non-productive debt.
Historically speaking, countries that have utilized this ersatz form of economics have suffered a currency and bond market crisis. But the command and control government of China always seems to be one step ahead of the laws of economics; and has been able to defer the inevitable day of reckoning due to its large currency reserves.
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Tuesday, June 13, 2017
How To Use Emotions To Make Better Investment Decisions / InvestorEducation / Learning to Invest
By: John_Mauldin
BY JARED DILLIAN : There are a lot of times in my life where I wish I was just a computer and didn’t have feelings. I’d probably be a much better trader.
And that’s what this piece is about. We’re all human beings, trading and investing, trying to make money, but these things called emotions get in the way.
Most trading experts will tell you to get rid of your emotions altogether, to get as close to being a computer as possible.
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Tuesday, June 13, 2017
UK General Election Results Map 2017 vs 2015 vs Opinion Polls / ElectionOracle / UK General Election
By: Nadeem_Walayat
The UK General Election result of 2017 surprised all just as had the election result of 2015 when every polls based analyst had been expecting a hung parliament with the most probable outcome being for a Labour led coalition government. Instead David Cameron's Tories in 2015 eeked out a small outright majority government that gave the Conservatives the false confidence to go ahead with the EU referendum again based on the opinion polls that REMAIN could not lose, but they did and so did Cameron and Osborne. Now it was the turn of Theresa May to get it very badly wrong, lulled into a false sense of BrExit security as the pollsters this time forecast a certain landslide, when instead the impossible Hung Parliament materialised literally forcing Theresa May into doing a deal with Northern Irelands Protestant fundamentalists.
Monday, June 12, 2017
3 Charts That Show How Stock Market is“Enormously Overvalued” / Stock-Markets / Stock Market 2017
By: John_Mauldin
Last week in Outside the Box (my free newsletter for investors), Jim Mellon shared some good advice on picking stocks in the Age of the Index Fund. Jim said,
[C]ommitted investors should make a list of companies that they really like, know about, and want to own—at the right price. If the shares of those firms are too high, put in limits, possibly 20–30% below current levels, and wait. Don’t let cash burn a hole in your pocket—let the stocks come to you, and don’t chase.
Within a day of publishing Jim’s piece, my friend Vitaliy Katsenelson’s quarterly letter to clients landed in my inbox, and I thought it would make a good follow-up to Jim’s article.
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Monday, June 12, 2017
The Disturbing Trend That Will End in a Full-Fledged Pension Crisis / Personal_Finance / Pensions & Retirement
By: HAA
Shannara Johnson writes : Some experts think it will be the trigger for the next financial collapse. Others call it a “national crisis” of unprecedented proportions.
But what all of them agree on is that there’s no way US pension funds can keep their promises to the next wave of retirees.
Right now, millions of Americans are hard at work believing their pensions will be their saving grace for retirement. But the predicament pension funds across the United States find themselves in does not just spell trouble for the distant future.
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Monday, June 12, 2017
India Stock Market Nifty-NSE Next Warning Area for Bulls / Stock-Markets / Stock Market 2017
By: ElliottWave-Forecast
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12 months, Nifty lost 25% dropping from a high of 9119.20 on 3.4.2015 to a low of 6825 on 2.29.2016. However, as we keep mentioning World Indices trend remains up and dips are nothing more than buying opportunity in the right areas, so this dip in this Indian Index was another buying opportunity in the blue box between 7459 – 6721.
Nifty-NSE buying area down from 3.4.2015 peak
Monday, June 12, 2017
Will Technology Stocks Sell-Off Drive Stock Market Lower? / Stock-Markets / Stock Market 2017
By: Paul_Rejczak
Our intraday outlook is now 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
Monday, June 12, 2017
UK SVR Difference Closing in on Mortgage Averages / Housing-Market / Mortgages
By: MoneyFacts
Moneyfacts UK Mortgage Trends Treasury Report data, available today, shows not only that borrowers who are coming off a two-year fixed rate deal this month are more likely to remortgage from their SVR than at any time since October 2008, but also that by doing so they will be saving approximately the cost of a two-year variable rate
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Monday, June 12, 2017
Prepare for the Great Monetary Shift / Interest-Rates / Global Debt Crisis 2017
By: Dan_Steinbock
As advanced economies struggle with stagnation, one monetary era is about to change. After a decade of massive easing, the US Fed is hiking rates and moving to reduce its massive $4.5 trillion balance sheet. There are no historical precedents but there will be global repercussions.As the central banks of major advanced economies are pondering the shift from massive easing to gradual tightening, all other nations must adjust to these huge shifts, whatever their current status quo.
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Monday, June 12, 2017
US-China Ties in the Shadow of the Mueller Investigation / Politics / US Politics
By: Dan_Steinbock
In the foreseeable future, the Trump administration will be constrained by the special counsel’s Russia investigation. How will it impact the White House’s relations with China?It was a strange month. First, the Department of Justice (DOJ) dismissed James Comey, Director of the Federal Bureau of Investigation (FBI), who the center-right Democrats blame for Hillary Clinton’s 2016 electoral loss. In turn, the center-left Sanders-supporters attribute the loss to Hillary Clinton’s gross abuse of public office and funds, Bill Clinton’s corrupt Global Initiative, collusion with the Democratic Leadership Committee (DLC) and mainstream media.
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Monday, June 12, 2017
How The Smart Money Is Playing The Lithium Boom / Commodities / Lithium
By: OilPrice_Com
Lithium is the hottest commodity on the planet right now, and investors trying to profit from it don’t understand how to invest in it.
MOST ARE MAKING A CRITICAL MISTAKE and investing in the wrong companies.
That’s because, in this game, lithium GRADE is the key to profitability.
Why? First, lithium...
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Monday, June 12, 2017
Will Trump Get Away With All of It? / Politics / US Politics
By: Michael_T_Bucci
The good news for Trumptarians is that Donald J. Trump is not going to be legally impeached, indicted, removed from office or otherwise until his protectors and enablers are weakened first: Congressional Republicans. And they won’t be weakened until mid-term elections in 2018. In “Washington time” that might as well be the next century.
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Monday, June 12, 2017
Cryptocurrencies: Intrinsic Value Boil Down / Currencies / BlockChain
By: The_Gold_Report
Bitcoin and other cryptocurrencies have exploded in value since their genesis in 2009; Lior Gantz, editor of Wealth Research Group, discusses the reasons why.
Wealth Research Group's main purpose is to provide cutting-edge special reports, and none could be more important than how to protect your purchasing power.
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Monday, June 12, 2017
Gold Price Failed to Break above 1.295.44 Resistance / Commodities / Gold and Silver 2017
By: Franco_Shao
Under pressure by the resistance of the April 17 high of 1295.44, XAUUSD pulled back to 1265 and broke below the bullish trend line from the May 9 low of 1214.17 to the June 2 low of 1258.92 at 1270 on its 4-hour chart, suggesting that the short term uptrend from 1214.17 is complete.