Thursday, April 25, 2024
S&P Stock Market Detailed Trend Forecast Into End 2024 / Stock-Markets / Stock Markets 2024
Here is the final installment of my epic analysis that concludes in detailed S&P 500 trend forecast for 2024 that was first been made available to patrons who support my work. 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 $5 per month, this is your last chance to lock it in now at $5 as it will imminently rise to $7 per month for new sign-ups. https://www.patreon.com/Nadeem_Walayat.
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Thursday, April 25, 2024
US Presidential Election Year Equity Performance in the Presence of an Inverted Yield Curve / Stock-Markets / Stock Markets 2024
We have been hearing financial media pundits tells us that the stock market will continue to rise throughout 2024. One of their arguments is that we are in a presidential election year. The link between the stock market and the election cycle is simply that the incumbent party increases fiscal spending to stimulate growth and make Americans feel better about the economy, and hence the chances of the incumbent party getting re-elected. More spending is good for firm profits, and stocks rise. The Biden administration is certainly adhering to this tradition with massive fiscal spending in 2024.
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Thursday, April 25, 2024
Stock Market "Bullish Buzz" Reaches Highest Level in 53 Years / Stock-Markets / Stock Market Sentiment
Learn what the AIM Index reveals
Yes, there's been a recent pickup in stock market volatility, but overall, bullish sentiment remains very much alive and well.
Indeed, here's a Feb. 18 Yahoo! Finance headline:
A Bull Market is Here.
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Thursday, April 25, 2024
Managing Your Public Image When Accused Of Allegations / Politics / Social Media
Facing allegations of improper behaviour such as fraud, illegal activities or employee discrimination is incredibly challenging for businesses and individuals. These kinds of accusations can affect everything from your sales and partnerships to the morale and mental health of your workforce.Even before assertions are investigated, damage is done to your reputation based on rumour alone. A recent example is major firms like John Lewis quitting CBI following reports of rape before the case has even reached court.
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Friday, April 19, 2024
Friday Stock Market CRASH Following Israel Attack on Iranian Nuclear Facilities / Stock-Markets / Stock Market Crash
Israeli attack on central Iranian cities and probably nuclear facilities is underway which is set to see stock prices drop Friday, a S&P break below 5060 targets 4960, and a break below 4960 targets 4800, that regardless of what comes to pass following Iran falling into the Fourth Reichs trap towards escalation towards ultimately the use of nuclealr weapons. Neverthless delivers an opportunity to accumulate target stocks as many stocks are set to enter their buying ranges such as Microsoft, TSMC, Qualcom, ASMNL, Broadcom, Lam Research and so on as per the spreedsheet.
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Thursday, April 18, 2024
All Measures to Combat Global Warming Are Smoke and Mirrors! / Politics / Climate Change
In practical terms, humanity collectively has done absolutely NOTHING to cut back on carbon emissions so it's no wonder that that rate of increase in co2 in the atmosphere remains on an exponential trend trajectory. Back in 1999 the suits were aiming to cap co2 at 400 parts per million, today it is now over 425 ppm. in 25 years time it will probably be approaching 500ppm as in reality nothing will be done given that people want to have better lives, they want to eat meat every day not once a month or even once a year as used to be the case in centuries past. So we are a long way from even stabilising the system let alone reversing damage that is being done, look at the graph, what has been done since 2000 to prevent climate change? The answer is NOTHING! Instead the exact opposite has transpired!
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Thursday, April 18, 2024
Cisco Then vs. Nvidia Now / Companies / Nvidia
Owen Williams writes: We have been watching the S&P 500 and Nasdaq-100 melt-up since the minor correction ending in October 2023. While the narrative around a Fed “pivot” on rates sparked the turnaround, it is obvious since we started 2024 that the indexes are rising purely on momentum in a handful of stocks which are leading development of artificial intelligence (AI). Notably this is Nvidia, a semiconductor foundry, along with Meta and Microsoft.
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Thursday, April 18, 2024
Is the Biden Administration Trying To Destroy the Dollar? / Currencies / US Dollar
Confidence in Western financial markets has already been shaken enough by the 20% devaluation of the dollar over the last few years. But now the European Commission wants to hand Ukraine $300 billion seized from Russia. Doing so likely would sound the death knell for the dollar and eventually the euro.
Treasury Secretary Janet Yellen, who has worked for literally decades to undermine the strength of the dollar, recently urged world leaders to take this disastrous step of outright theft.
Tuesday, April 16, 2024
S&P Stock Market Trend Forecast to Dec 2024 / Stock-Markets / Stock Markets 2024
Dear Reader
Here is the final installment of my epic analysis that concludes in detailed S&P 500 trend forecast for 2024 that was first been made available to patrons who support my work. 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 $5 per month, this is your last chance to lock it in now at $5 as it will imminently rise to $7 per month for new sign-ups. https://www.patreon.com/Nadeem_Walayat.
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Tuesday, April 16, 2024
No Deposit Bonuses: Boost Your Finances / Personal_Finance / Gambling
Picture this: you're itching for some thrilling casino action, but your wallet is feeling a bit light. Here come no deposit bonuses – a game-changer in the world of online casinos. No deposit bonuses are like the golden ticket to Willy Wonka's chocolate factory, except instead of chocolate, you're diving into a world of exhilarating games without spending a dime of your own money. These bonuses come in various forms, from free spins on the slots to bonus cash to play with – all without requiring you to make an initial deposit. They're essentially the casino's way of saying: Come on in, try your luck, and maybe walk away with some real cash – all on us! In an era where financial stability is top of mind for many, exploring avenues to boost your finances is crucial. And what better way to do it than by taking advantage of these no deposit bonuses? They offer a risk-free opportunity to explore the vast array of games a casino has to offer, all while potentially padding your wallet with some extra cash.
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Monday, April 08, 2024
Global Warming ClImate Change Mega Death Trend / Politics / Climate Change
Firstly I'm a climate change denier!
I deny the right of climate change to prevent me from getting richer! Large swathes of planet may become a scorched earth but I will be more than able to afford top end AC units, climate suits and indoor grown crops and meat to ensure it's impact on oneself and ones patrons proves to be limited, 10c for 10x!
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Monday, April 08, 2024
Gold Is Rallying Again, But Silver Could Get REALLY Interesting / Commodities / Gold & Silver 2024
Another week, another record high for gold.
On Wednesday, the monetary metal surged above $2,300 per ounce. It took a bit of a breather Thursday ahead of today’s key employment report but it rallied again on Friday.
Turning to silver, it made a significant breakout of its own this week. The white metal shot up above the $27 level to a fresh 2-year high and rallied to over $27.50 on Friday
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Monday, April 08, 2024
Media Elite Belittle Inflation Struggles of Ordinary Americans / Economics / Inflation
A top writer for the Wall Street Journal thinks Americans who complain about the economy just aren't aware of how good things are.
Chief Economics Commentator Greg Ip wrote a gaslighting article last week with the headline, "What's Wrong With the Economy? It's You, Not the Data."
The article begins with the claim that Americans just don't have the facts on inflation.
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Monday, April 08, 2024
Profit from the Roaring AI 2020's Tech Stocks Economic Boom / Stock-Markets / AI
I have been iterating since June 2020, the message one should be receiving is that I expect this bull market to run for many more years, that I expected to target a return of X6 over some 7 years on where AI tech stocks stood June 2020, whilst my best guess 3.5 years ago was that we could see a major top during 2027, as long as run away valuations moderated from time to time delivering buying opps as they did during 2022 then I don't see why this should not still remain the big picture, thus the bull market that began March 2009 could continue to fulfill my original expectations for a 18 year bull market, where even the bear market that follows it will prove temporary as the bull market once more resumes during the 2030's.
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Sunday, April 07, 2024
Stock Market Election Year Five Nights at Freddy's / Stock-Markets / Stock Markets 2024
Dear Reader
Remember the start of the 2024? That opening dip in the S&P that had the likes of the holy church of the Almanach warning of the Trifecta of failures starting with the Santa Rally, then the first 5 days, with eyes next on the January baromoter, harbingers for a bad 2024 for stocks!
This was my Five Nights at Freddy's response to the headless chickens that was first made available to patrons who support my work. 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 $5 per month, this is your last chance to lock it in now at $5 before it soon rises to $7 per month for new sign-ups. https://www.patreon.com/Nadeem_Walayat.
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Sunday, April 07, 2024
It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet) / Commodities / Gold & Silver 2024
On the occasion of another standout payrolls report, we note that the macro is indeed changing beneath the surface
Another payrolls report, another beat of expectations. Here is the breakdown of the details as posted earlier. However, let’s pluck one graphic from that post and illustrate a phenomenon I’ve been watching unfold for several months in a row; that of unabated government hiring this election year.
The USS Good Ship Lollipop sails along, supported by its vast services economy and construction (a product of the services industries, not a productive industry itself, unlike for example, manufacturing) as well as a continued trend of brisk government hiring this election year. I am not going to play politics (I am dispirited by both major parties) but as usual, I am going to lay out facts so that we can properly manage the situation from an investment perspective.
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Sunday, April 07, 2024
AI Revolution and NVDA: Why Tough Going May Be Ahead / Companies / Nvidia
"These things could get more intelligent than us"
The topic with all the buzz these days is Artificial Intelligence (AI) and its future.
The potential benefits include automating repetitive tasks, enhancing productivity, data analysis, assisting in medical applications -- and more.
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Sunday, April 07, 2024
Hidden cost of US homeownership just saw its biggest spike in 5 years / Housing-Market / US Housing
As millions of Americans lose sleep over record mortgage costs, many overlook one of the biggest expenses they’ll incur as homeowners: property tax.
According to real estate data analytics firm ATTOM, property taxes jumped by 6.9% or more than $4,000 in 2023—the largest annual increase in five years. It's also double the gain from a year earlier.
“Property taxes took an unusually high turn upward last year, pushing effective rates up, while huge gaps in average tax bills between different parts of [the] country remained in place,” said Rob Barber, ATTOM’s chief executive.
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Sunday, April 07, 2024
What Happens To Gold Price If The Fed Doesn’t Cut Rates? / Commodities / Gold & Silver 2024
GOLD PRICE IF THE FED DOESN’T CUT
With the increasing gold price of late comes the assumption that the expected cut in interest rates will open a torrent of cheap money that will bring the U.S. dollar down with a thud. But, what would happen to the gold price if the Fed doesn’t cut interest rates?
What seemed like a universally expected event may not be as likely as some have assumed. In fact, the Fed has a history that includes examples of pivots and re-pivots; or, ignoring the presumed pivot and staying the course.
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Sunday, April 07, 2024
The Fed is becoming increasingly divided on interest rates / Interest-Rates / US Interest Rates
Powell reaffirms multiple rate cuts are on the table, but his peers thinks we’ll be lucky to get one this year
The Fed's officials can’t seem to get their stories straight.
On April 3, Fed Chair Jerome Powell reaffirmed his expectations for multiple rate cuts this year, shrugging off the recent uptick in inflation.