Wednesday, September 28, 2016
The Fed Put a 50% Tax on Your Retirement Plan / Personal_Finance / Pensions & Retirement
If a politician said he thought he should tax the income from your retirement plan, right now, at 50% (no matter where you are in the retirement process, that would certainly hurt the ability of your portfolio to compound), what would you think (other than that he was completely Looney Tunes)?
But that's exactly what the Federal Reserve has done by keeping interest rates low.
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Wednesday, September 28, 2016
Massive Chinese Debt And Why They Are On A Gold Buying Binge! / Interest-Rates / China Debt Crisis
China’s debt is a staggering $24 trillion with 247% of annual GDP as of last year, which is, in fact, an increase of an astounding 465% within a decade. The total borrowing by both the financial and non-financial sectors was only 78% of the GDP in 2007 and has since increased to 309% of GDP according to economists at Nomura Holdings Inc. led by Yang Zhao and Wendy Chen.
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Wednesday, September 28, 2016
Fascist Trump Versus Communist Hillary Battle on a Sinking Ship / ElectionOracle / US Presidential Election 2016
We watched (and live tweeted ;@dollarvigilante) the US Presidential debates last night… mostly because we were hoping Hillary would drop dead on live TV.
Unfortunately, that didn’t happen.
What did happen was that the two choices for the lesser evil this year, came down to: slightly more fascist (Trump) versus slightly more communist (Clinton).
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Wednesday, September 28, 2016
Stocks Commodities and FX Markets Waiting Technically While Fundamental Data Neutral Poised / Stock-Markets / Financial Markets 2016
The benchmark S&P 500 gyrated at open, showed indecision during the first 90 minutes of trading and then rose to its 0.70% intraday high in the early afternoon. It then traded in a narrow range and closed with a slightly trimmed gain of 0.64%, reclaiming a bit over half the pre-debate selloff following last week's "no rate hike" rally. The yield on the 10-year note closed at 1.56%, down three basis points from the previous close. Here is a snapshot of past five sessions in the S&P 500.
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Wednesday, September 28, 2016
China’s International Renminbi Is Coming – Is Wall Street Ready? / Currencies / China Currency Yuan
On October 1, 2016, the Chinese renminbi (RMB) will officially join the International Monetary Fund’s (IMF) international reserve assets; that is, the SDR (Special Drawing Rights) basket. From the perspective of the IMF, this is a ready affirmation of China’s success in opening up its markets. The inclusion of the renminbi into the ranks of the most important international currencies codifies the acceleration of bilateral and multilateral RMB transactions worldwide.Read full article... Read full article...
Wednesday, September 28, 2016
Where Will Oil Prices Go After Algiers? / Commodities / Crude Oil
Saudi Arabia and Iran may yet come to terms on some sort of production arrangement, but the outcome of the negotiations in Algeria this week may not do much to rescue oil prices. Following the media spectacle, the oil markets may have to shift their attention back to the supply and demand fundamentals, which are not reassuring.
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Wednesday, September 28, 2016
The Federal Reserve Note "Dollar" Is Indeed Dying, but Not Next Week / Currencies / Fiat Currency
Some say the U.S. dollar may die 5 days hence. The Chinese renminbi will kill it. Much is being made of plans by the International Monetary Fund (IMF) to add the renminbi to its basket of strategic reserve currencies called Special Drawing Rights (SDR). The IMF will make the change on October 1. While the implications for the Federal Reserve Note, currently the U.S. dollar, as the world’s primary reserve currency may be profound over time and the importance of this even should not be overlooked, the impact is unlikely to happen overnight.
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Wednesday, September 28, 2016
Crude Oil Bull Market Correction / Commodities / Crude Oil
Crude gained $1.45/bbl. last week closing at 44.48 even after a $1.84 loss on Friday. Since the August high, crude looks like a descending triangle (bearish). The upper trendline passes through 46.75 this week. Support is at 43.25. A break of support opens the door for a decline to 38.25. The weekly Coppock Curve did confirm the June high so look for higher highs in the future. However, new lows are expected once wave C has completed.
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Tuesday, September 27, 2016
This Commodity Has Perked Up its Investors' Portfolios / Commodities / Agricultural Commodities
The 90% rally in sugar prices since late 2015 fulfills our long-standing forecast
Imagine that the world's leading commodity markets were cars speeding down a two-lane highway. Who do you think is in the driver's seat controlling which direction prices go?
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Tuesday, September 27, 2016
The Free Market Always Prevails / Stock-Markets / Financial Markets 2016
The global securities market got a surprise recently when U.S. core consumer price inflation crept up to 2.3% year over year in the month of August. This closely followed core measure, which strips out the more volatile food and energy costs, increased 0.3%; this was the biggest rise in core CPI since February.
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Tuesday, September 27, 2016
Charting the Continuing Gold Market Correction / Commodities / Gold and Silver 2016
Technical analyst Jack Chan plots the continuing correction in the gold and silver markets.
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Tuesday, September 27, 2016
Stock Market Crash and Recession Indicator Warning: Extreme Danger Ahead / Stock-Markets / Financial Crash
When it comes to spotting danger periods for recessions, and especially major crashes, the Boom/Bust Cycle lets us see when stock crashes and recessions are most likely to occur. As my fourth key macroeconomic cycle, this makes it the most important one I have innovated since the Generational Spending Wave in 1988.Read full article... Read full article...
Tuesday, September 27, 2016
Bitcoin Trading Alert: Starting Point of Decline Not Far? / Currencies / Bitcoin
In short: no speculative positions.
The treatment of Bitcoin by asset management firms is slowly changing. The digital currency is by no means as popular as traditional assets, however, investment companies sometimes approach Bitcoin as a new asset class, one that might be on its way to maturity. Money Morning cites a report on Bitcoin by Needham & Co.:
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Tuesday, September 27, 2016
Financial Markets and FX Setups 27th Sept / Stock-Markets / Financial Markets 2016
Joy Mesh writes: The analysis for markets and various inter connected price action which will allow our clients to be better placed. Major markets around the globe sold off yesterday. The source of the anxiety may have been the presidential debate. S&P 500 plunged at the open and, after a puny bounce, sold off to a narrow mid-afternoon trading range. The yield on the 10-year note closed at 1.59%, down three basis points from the previous close. Here is a snapshot of past five sessions in the S&P 500.
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Tuesday, September 27, 2016
Crude Oil, Forex and Stock Market Trend Forecasts / Stock-Markets / Financial Markets 2016
We are forecasting a drop in the commodities complex over the next few months with the possibility of some important lows at the start of next year. WTI now appears to be forming a top, it would appear as though the dead cat bounce that has lasted throughout this year is running out of steam and we should see the push for lower lows over the next couple of months.
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Tuesday, September 27, 2016
Warren Buffett Is the Latest Billionaire To Jump Ship From The Markets / Stock-Markets / Financial Markets 2016
Right now the market is perceived to be so dangerous that it’s even chased the most fearless value investors to the sidelines.
Just this evening, in the Presidential debate, Trump warned that the stock market was a bubble “about to pop”.
Now, the bearish billionaire circle has grown even wider with the addition of Warren Buffett.
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Tuesday, September 27, 2016
Forex Trading: ECB Policy Could Weigh on Euro / Currencies / Forex Trading
easyMarkets writes: When the European Central Bank (ECB) held its monetary policy meeting on September 8th , it left all policy rates unchanged. The main refinancing interest rate, the marginal lending facility rate and the main deposit interest rate were kept steady at the current levels of 0.00%, 0.25%, and negative 0.40%, respectively. This will likely have a long-term impact on forex traders that have exposure in the EUR/USD as it ultimately indicates lower price valuations in the weeks and months ahead.
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Tuesday, September 27, 2016
Why There is Trump / ElectionOracle / US Presidential Election 2016
It’s over! The entire model our societies have been based on for at least as long as we ourselves have lived, is over! That’s why there’s Trump.
There is no growth. There hasn’t been any real growth for years. All there is left are empty hollow sunshiny S&P stock market numbers propped up with ultra cheap debt and buybacks, and employment figures that hide untold millions hiding from the labor force. And most of all there’s debt, public as well as private, that has served to keep an illusion of growth alive and now increasingly no longer can.
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Tuesday, September 27, 2016
Deutsche Bank News Hits Stock Market.... / Stock-Markets / Stock Markets 2016
Angela Merkel, the leader of the financial world in Germany, told Deutsche Bank that they're on their own should things spiral out of control for them. The bank has been having trouble and when someone has trouble the world expects the usual reply, which is have no worries, we'll do whatever it takes to protect you. This time Merkel said you're on you're own.
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Tuesday, September 27, 2016
Save Up to 70% in Shopping Expenses for Daily Items / Personal_Finance / Shopping
We have a series of tips to help you save money on purchases every day:
1) Buy Cheaper in Factories
Factory outlets can help you save a lot of money because the consumer can buy directly from the manufacturer without having to go through an intermediary (such as a traditional store, for example).