Monday, November 19, 2018
Snow Falling Effect Christmas Lights Outdoor Projector (UKEER) Review / Personal_Finance / Reviews
It's SNOWING! With Christmas around the corner we have been on the hunt for various types of christmas lights to brighten up our home for the festive season. And this snow flurry projector sold by UKEER on Amazon for £29.99 (https://amzn.to/2BcpUu7) caught our attention as it appeared to offer a much wide coverage than the usual animated projectors.
Firstly the projector was delivered very quickly in about half the original estimated delivery time.
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Sunday, November 18, 2018
The Time to Prepare For the Next Financial Crisis is NOW / Stock-Markets / Financial Crisis 2018
Global growth is officially dead.
The markets picked up on this first, with Copper, Lumber, Industrial Metals and other economically sensitive asset classes collapsing starting in May.
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Sunday, November 18, 2018
Next Tory Leader, Prime Minister Forecast and Betting Market Odds / Politics / UK Politics
Britain is counting down to a change of Prime Minister following the release of Theresa May's disastrous 'brexit deal' where nearly every British red line has been watered down towards nothing in what amounts to a 585 page suicide note that triggered Tory MP's to start sending letters to the party's 1922 committee where the requirement is for a minimum of 48 letters to trigger a leadership contest that will likely be announced sometime next week as I have covered at length in the following article and video.
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Sunday, November 18, 2018
World Trade Organization At Risk / Politics / Global Economy
In the past two years, the Trump administration has started trade wars against China, its major trade partners, and security allies. In the absence of united opposition by advanced and emerging economies, the next target will be the World Trade Organization.As the White House began to escalate the U.S.-Sino trade war last April, President Trump’s trade adviser Peter Navarro was asked on CNN whether the United States is planning to leave the World Trade Organization (WTO).
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Sunday, November 18, 2018
Musical Animated Christmas Projector Light Torch for Kids Review / Personal_Finance / Shopping
With Christmas around the corner I've been on the hunt for various christmas lights to brighten up our home. And this animated flash light sold on Amazon for £19.99 (https://amzn.to/2Dv1fCz) caught my attention as it appeared to be a good one for the kids to play with in and out of the house.
Firstly the flashlight comes with 12 slides with most focused on christmas and halloween and I was delighted to have a couple on New Years and Birthdays.
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Saturday, November 17, 2018
The Fed's Misleading Money Supply Measures / Interest-Rates / Money Supply
The most robust national income determination model is the monetarist model. The course of the economy when measured in nominal terms is determined by the course taken by the money supply. Indeed, the positive relationship between the growth rate of the money supply and both nominal GDP and nominal aggregate demand growth is unambiguous and overwhelming.
So, just what is the measure of money that is most suited for taking the temperature of the economy and forecasting its course? Is a narrow metric, like the monetary base (M0), the best? Or, should we focus on broad money metrics, like M3 and M4? For national income determination, the more inclusive the metric, the better. Indeed, for the most complete and accurate picture, one should include all the important components of money supply, not just a few.
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Saturday, November 17, 2018
Stock Market Outlook: Why the Economy is Bullish for Stocks Going into 2019 / Stock-Markets / Stock Markets 2018
As we expected in last week’s market outlook, the U.S. stock market has pulled back after a hard bounce. The S&P 500 has now retraced more than 61.8% of its gains.
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Saturday, November 17, 2018
NO DEAL HARD BrExit Tory Chaos, Theresa May Leadership Challenge / Politics / BrExit
Britain is likely counting down to towards the END of Theresa May's premiership who has been a walking disaster since Article 50 was triggered in March 2017, and who has likely DELIBERATELY WASTED the past 18 months in doing an exit deal with the EU Devil that effectively KEEPs the UK within the EU!, a deal where nearly every British red line has been watered down towards nothing in what amounts to a 585 page suicide note, one of virtually delivering Britain on a platter to the European Union Mafia which from the outset had sought to extract a heavy price from Britain such a Euro 50 billion divorce bill, free movement of people, Northern Ireland effectively split from the rest of the UK and over 500 pages more of similar poison, all in exchange for Britain to remain within a customs union for a few more years.
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Saturday, November 17, 2018
Gold vs Several Key Investments / Commodities / Gold and Silver 2018
Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk ‘on’ to risk ‘off’, cyclical to counter-cyclical.
Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hindsight one day.
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Saturday, November 17, 2018
GDX Gold Mining Stocks Q3 18 Fundamentals / Commodities / Gold and Silver Stocks 2018
The major gold miners’ stocks remain mired in universal bearishness, largely left for dead. They are just wrapping up their third-quarter earnings season, which proved challenging. Lower gold prices cut deeply into cash flows and profits, and production-growth struggles persisted. But these elite companies did hold the line on costs, portending soaring earnings as gold recovers. Their absurdly-cheap stock prices aren’t justified.
Four times a year publicly-traded companies release treasure troves of valuable information in the form of quarterly reports. Companies trading in the States are required to file 10-Qs with the US Securities and Exchange Commission by 40 calendar days after quarter-ends. Canadian companies have similar requirements at 45 days. In other countries with half-year reporting, many companies still partially report quarterly.
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Saturday, November 17, 2018
Is Gold Under or Overpriced? / Commodities / Gold and Silver 2018
Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 1990s and the housing bubble of the 2000s, we are in the middle of a price bubble in virtually all asset classes simultaneously caused by the Fed’s unusually easy monetary policy with ultra low interest rates. Although we agree that the US central bank maintained federal funds rate too low for too long, the narrative about a dangerous bubble inflating in a wide variety of countries, industries, and assets does not make sense. The bubble means that the price of an asset deviates from the fundamental value, increasing excessively, to a much greater extent than on other markets. It should be now clear that the existence of overvalued assets necessarily means that other assets are undervalued, so there can’t be the ‘everything bubble’. Sorry, but those who wait for the total asset apocalypse might be disappointed.
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Friday, November 16, 2018
How APEC Can Boost Free Trade in Asia Pacific / Economics / Asian Economies
Amid trade wars, the outcome of the APEC meeting matters. As globalization is at crossroads, trade in Asia today will shape world trade tomorrow.As the 21 member countries of the Asia Pacific Economic Cooperation (APEC) meet during the weekend in Papua New Guinea, there is an elevated international concern about the future of global trade amid the tide of nationalism and protectionism.
APEC member economies represent some 40% of global population, the region’s combined GDP is more than 60% of global GDP and it accounts for almost 50% of global trade in goods and services. What APEC leaders decide matters.
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Friday, November 16, 2018
Active Managers are Bearish on Stocks. A Bullish Contrarian Sign / Stock-Markets / Stock Markets 2018
The stock market has been very volatile lately, swinging up and down more than 1% on many days. During times of high intraday volatility, it’s best to ignore the short term and focus on the bigger picture.
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Friday, November 16, 2018
Will The Fed Sacrifice Retirement Portfolio Values For The "Common Good"? / Politics / Pensions & Retirement
Martin Feldstein, who was chairman of the Council of Economic Advisors under President Reagan and is currently a Harvard professor, wrote an extraordinary editorial in the Wall Street Journal in which he strongly advocated that the Federal Reserve pursue policies that would: 1) continue to raise interest rates; and 2) thereby pop asset bubbles in the stock and commercial real estate markets; 3) which would cause an estimated $9+ trillion in investor losses; 4) possibly lead to another recession and the accompanying major job losses; and 5) would be followed by forcing interest rates down again to near historic lows.
Now, the eminently respectable Professor Feldstein and other mainstream economists are not intentionally trying to hurt investors, that is not the reason to raise rates. Quite the reverse, this is all supposed to be for our own good, and the intentions are to over the long term help economic growth and create healthier investment markets.
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Friday, November 16, 2018
Pound Falls 2.5% Against Gold as UK Government in Turmoil Over Brexit / Commodities / Gold and Silver 2018
The pound plunged against the euro, the dollar, gold and all leading currencies today as Theresa May’s UK government appeared vulnerable to collapsing and political turmoil risked creating a hard Brexit.
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Friday, November 16, 2018
The New China and Gold / Commodities / Gold and Silver 2018
China has developed tremendously in recent years. But what’s next? Is the country entering the growth recession? And how it will affect the world and the gold market?
A New Chapter in China
We have not analyzed the publications of the World Gold Council for a while. Let’s make it up, starting with the newest edition of Gold Investor. The report is about China and its remarkable transformation in the context of the gold market.
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Friday, November 16, 2018
BrExit War - Tory Party About to Replace Theresa May for NO DEAL BrExit / Politics / BrExit
Britain is possibly counting down to towards the END of Theresa May's premiership who has been a walking disaster since Article 50 was triggered in March 2017, and who has likely DELIBERATELY WASTED the past 18 months in doing an exit deal with the EU Devil that effectively KEEPs the UK within the EU!, a deal where nearly every British red line has been watered down towards nothing in what amounts to a 585 page suicide note, one of virtually delivering Britain on a platter to the European Union Mafia which from the outset had sought to extract a heavy price from Britain such a Euro 50 billion divorce bill, free movement of people, Northern Ireland effectively split from the rest of the UK and over 500 pages more of similar poison, all in exchange for Britain to remain within a customs union for a few more years.
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Friday, November 16, 2018
Aspire Global Makes Significant Financial Strides / Companies / Gambling
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Friday, November 16, 2018
When This Liquidity Bubble Pops, We’ll Face The Biggest Crisis Yet / Stock-Markets / Liquidity Bubble
Debt is a huge a drag on the economy. It’s especially true after it rises over the 80 to 90% of GDP level.US government debt is now 106% of GDP. And if you add state and local debt, total government debt is over 120% of GDP.
Shades of Italy and Greece.
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Friday, November 16, 2018
Gold Oil and Commodities …Back to the Future ? / Commodities / Commodities Trading
Before we look at tonights charts I would like to take a minute to discuss trading the three X leveraged etf’s. Leveraged etf’s aren’t for everyone as they can be very volatile. These instruments are for those that can take a bigger risk and still come out OK when they go against you. For the average investor a 1 X leveraged etf is all they can handle and that should be fine. When you start playing with the 2 X and 3 X leveraged etf’s your risk factor goes up very fast.
Placing a sell/stop in the correct place works great for the 1 X leveraged etf, but when you are in a 3 X leveraged etf setting the sell/stop is a totally different game. Very rarely do I let the original sell/stop be hit before I will exit the trade as you have to give the stock some wiggle room when you first take a position. As more information becomes available you can start to make adjustments to your sell/stop mentally. A 3 X etf can get away from you in a heartbeat so one has to pay very close attention at all times.
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