Thursday, December 20, 2018
Will Gold Rally in January after the Fed Hike? / Commodities / Gold and Silver 2018
December as usual. Another Fed hike is behind us. Will we now see a rally in gold in January?
Fed Hiked But It Will Monitor Risks
Yesterday, the FOMC published the monetary policy statement from its latest meeting that took place on December 18th-19th. In line with the expectations, the US central bank raised the federal funds rate by 25 basis points to the target range of 2.25 to 2.50 percent (it was the ninth lift since 2015):
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Thursday, December 20, 2018
FT Shows How British Establishment Will Ensure REMAIN Wins a Second EU Referendum / Politics / BrExit
Calls for a so called "Peoples Vote" are reaching a crescendo in the mainstream press, as grid locked chaos in the Westminister counts down to the BrExit deadline of 29th March 2019, that is resulting cabinet ministers downwards claiming that a Second EU Referendum is necessary so that the people can decide on the terms of exiting from the European Union, a deal or no deal exit, or even for the UK to REMAIN within the European Union.
Unfortunately, the whole "Peoples Vote" exercise is a means by which the Britain's establishment will ensure that REMAIN would WIN a second EU referendum by the way the referendum questions would be worded as illustrated by the Financial Times (FT) latest video titled "BrExit: how to hold a second referendum" :
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Thursday, December 20, 2018
Are Cryptocurrencies The Future of Online Casinos? / Currencies / Bitcoin
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Thursday, December 20, 2018
Gambling Related Stocks: to Invest or Not to Invest? / Companies / Gambling
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Thursday, December 20, 2018
The S&P 500 is Now Wown -15%. What’s Next for Stocks / Stock-Markets / Stock Markets 2018
The S&P 500 is now down approximately -15%
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Wednesday, December 19, 2018
Stock Market Collapse? Buckle Up, It’s About to Get NASTY / Stock-Markets / Stock Markets 2018
The Fed is expected to hike rates today. However, the bulls are hoping that the Fed will ALSO state that it now expects to hike rates FEWER times in 2019.
Let that sink in for a moment.
The ONLY reason the Fed would hike rates fewer times in 2019 is if the financial system is in serious trouble. So… the best we can hope for is that the Fed gets dovish because things are getting horrific?
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Wednesday, December 19, 2018
Stock Market Alert: The Dikembe Mutombo Continues to Hold! / Stock-Markets / Stock Markets 2018
A lot of people voice opposition to walls. Funny. There is a wall on the Dow Jones Industrial’s chart.
Yeah, I know. Readers of my blog are shocked that Dow 24k cannot be breached. Again, as former NBA star Dikembe Mutombo used to block shots near the basket, the Federal Reserve certainly does the same in stocks. Specifically, they are currently defending the Dow 24k line with great force and determination. Check my previous blog posts for the DML (Dikembe Mutombo Line) origination.
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Wednesday, December 19, 2018
Top 8 Instagram Tools Which Can Help Increase Your Ecommerce Sales / Personal_Finance / Social Media
Social media is the most powerful medium when it comes to throwing your voice in the far off places. We have many examples where just social media posts and pictures changed the game. Same is the case with business. When you are running a business, you need more people to listen to you and that also in the least amount you spend on advertisements and promotions. Check Top 8 Instagram Tools Which Can Help Increase Your E-commerce Sales and that also in the least amount possible.
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Wednesday, December 19, 2018
Silver Price Trend Forecast 2018 Review / Commodities / Gold & Silver 2019
This is the 1st article in a series of 4 articles that concludes in a trend forecast for the Silver price 2019.
- Silver Price Trend Forecast 2018 Review
- Gold - Silver Ratio
- Silver Price Trend Analysis 2019
- Silver Price Trend Forecast Conclusion for 2019
Wednesday, December 19, 2018
Stock Market ES Sets Up Major Double Bottom Ahead of the Fed / Stock-Markets / Stock Index Trading
The downside price rotation in the US markets on Monday, December 17, set up a near-perfect double bottom formation near the 2530 price level and also prompted a dramatic price recovery after reaching these lows. Currently, the ES has rallied over 35 pts from this low level and will likely pause before the Fed minutes are announced on Wednesday, December 19.
If the Fed holds true to their earlier promises of continued rate increases, we could see this 2530 level broken as price retreats from any relief rally and attempts to find lower support. If the Fed changes the context of their message and adopts a slower and more insightful rate policy, the markets are poised for one heck of a potential rally. The ES if down by a little more than 400 points (-13.75%) from the peak in September 2018.
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Wednesday, December 19, 2018
2018 Chaos, 2019 Mayhem / Politics / Social Issues
It took me a while to decide which word(s) best define the past year and the next one, but I think this is pretty much it. 2018 was chaotic more than anything else, and that chaos will give rise to mayhem in 2019.
What I think is striking is that this is true across the board, in all walks of life so to speak. In finance, in politics, in energy markets, in ecological matters, and perhaps most of all in the ways all these topics are being covered by what once were trusted media.
I’m going to have to come back to all these topics separately, so it’s promising to be a very busy holiday season, but it’s also good to try and put them together in one place, if only to show how interconnected everything is. And how futile it is to look at the economy without seeing its connection to energy flows and ecosystems. And vice versa.
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Tuesday, December 18, 2018
UK House Prices Momentum Forecast 2019 / Housing-Market / UK Housing
This analysis of UK house prices continues from Part 1 (UK House Prices 2019 No Deal BrExit 30% Crash Warning!) and was first made available to Patrons who support my work. So to get immediate First Access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for as little as just $3 per month. https://www.patreon.com/Nadeem_Walayat.
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Tuesday, December 18, 2018
Will US Government Shutdown Cause The Stock Market To Crash? / Stock-Markets / Stock Markets 2018
Last Monday, the market dropped over 70 points from its intra-day high to just below 2600SPX, and a reporter on television claimed it was due to the “postponement of the Brexit vote.” Yet, around mid-day, the market began to rally off its lows, and ended positive for the day. But, there was no substantive reason cited for this rally. The same television announcer simply noted that “stocks are rising after a wild day in the market yesterday.” Does that make “wild days” in the stock market a reason for a rally? I guess that is the best they could do when there was no news available to explain the rally.
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Tuesday, December 18, 2018
Will Powell Turn Into Dove and Make Gold Shine? / Commodities / Gold and Silver 2018
Tomorrow, the FOMC will publish its monetary policy statements and economic projections. How could they affect the gold market? And what about the recent developments in Europe?
FOMC Preview and Gold
The market awaits the monetary policy decision of the FOMC and its fresh economic projections. If the Committee surprises on the dovish (hawkish) side, gold will shine (struggle). Our bet is that – given the attitude of the new Board Governors, the stock market correction, and reduced forecast for global growth in the coming years – the December economic projections might be less optimistic than in September. It would be also in line with the previous December meetings when hawkish actions were accompanied by dovish signals.
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Tuesday, December 18, 2018
Why Chinese Economic Reforms Will Stay the Course / Economics / China Economy
After four decades of reforms and opening, China is accelerating the transition to post-industrial society.As Chinese President Xi Jinping gave his highly-anticipated speech on Monday on the 40th anniversary of Chinese reforms and opening-up policies, it was closely watched internationally in light of the 90-day truce in the U.S. trade wars.
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Tuesday, December 18, 2018
The Coming Financial Storm / Stock-Markets / Financial Markets 2018
The Dow Jones Industrial Average slumped more than 500 points Monday as investors looked ahead to this week’s Federal Reserve meeting amid mounting signs of slowing economic growth around the world. Major indexes opened modestly lower and began a steady descent around midday. All 30 stocks in the Dow industrials and all 11 sectors in the S&P 500 ended lower. The declines pulled the technology-heavy Nasdaq Composite into the red for the year, while the Russell 2000 index of small-capitalization stocks slumped into a bear market--a decline of more than 20% from its Aug. 31 high. And U.S. crude settled below $50 a barrel for the first time in 14 months.
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Tuesday, December 18, 2018
Landing at Dalaman Airport Turkey, Flying EasyJet Airbus A320 / Personal_Finance / Travel & Holidays
Thinking of spending a the Christmas Holidays in Turkey? Well here's what to expect when flying a budget airline such as EasyJet Landing at a Turkish airport such as at Dalaman, where the airport runway borders the beach so it's an over sea landing on what looks like a single air strip runway. The airport itself is small but looks like a fairly new build. So find out what it's like to land and exit your plain at Dalaman Airport.
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Tuesday, December 18, 2018
Jeff Gundlach thinks that a Stocks Bear Market has started. Is he Right? / Stock-Markets / Stock Markets 2018
The S&P is now sitting at a 1 year low. And of course, traditional technical analysis states “if the S&P breaks below this support level, watch out below”.
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Tuesday, December 18, 2018
Stock Buy-Backs Go Bust / Companies / Corporate News
The perfect storm of zero percent interest rates that existed concurrently with a debt-disabled economy lured executives at major corporations into a decade-long stock buyback program. The Fed pumped money into the economy thru its various Quantitative Easing programs to force interest rates near zero percent, with the expectation corporations would borrow money at the lowest rates in history and then invest in their businesses in the form of Property Plant and Equipment (capital goods). This in turn would expand productivity and help foster a low-inflation and strong growth environment.
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Tuesday, December 18, 2018
Political Theater Goes into Overdrive as US Government Shutdown Looms / Politics / US Politics
The Democratic party will be moving back into the control room in the House of Representatives.
Congress may commemorate the return to split government with a partial shutdown. The feud over construction of a border wall looks like it will not be resolved in time. It could be the first of many political dramas in 2019.
The debate over funding for the wall is theater, make no mistake.