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February 28, 2018 | Consumers In Surprising Places Are Borrowing Like Crazy

The Money Bubble is inflating at different speeds in different places. But apparently no culture is immune: Household Debt Sees Quiet Boom Across the Globe (Wall Street Journal) – A decade after the global financial crisis, household debts are considered by many to be a problem of the past after having come down in the […]

February 28, 2018 | Digital Dollar ($1.00) has ‘No Tie’ to Material Reality? Consequences!

Virtual currencies (like our $1.00) have ‘NO tie’ to material reality (matter/mass/object)! All is digital and this means it is INNER/spiritual! A major digital crash is on the horizon (2018 likely) because our digital $ has no ‘tie’ to material reality. Let’s think on this situation for today’s missive. My sense is that a major […]

February 28, 2018 | California in Peril

California is trying to scheme to circumvent the Trump Tax Reform which limits deductions to $10,000 in state taxes from their federal returns. Of course, the California press portrays this as punishment for voting for Hillary. But they support higher taxes as long as they get to deduct them from the Feds, which has been […]

February 28, 2018 | Who Knew?

People think they’re so smart, and aren’t. They buy crypto on credit cards (at least until this week). They roll the dice on weed startups. They flip individual stocks in companies nobody’s heard of. They buy condos with huge loans to rent out for negative cash flow. Or they stuff money into dodgy online banks […]

February 28, 2018 | Watch the Dollar!

The Dollar Index will break out if it trades above 91.00 — just 36 cents above Wednesday’s close.  This could hold very significant implications for…everything: stocks, bonds, bullion, you name it. DXY’s bear market has yet to breach the 88.29 target I drum-rolled here months ago. When it made a secondary bottom at 88.25 a […]

February 28, 2018 | The Fed Is About to Pop the Bubble in Stocks

BUENOS AIRES, ARGENTINA – We went to dinner last night at a little neighborhood restaurant in Palermo Soho. It was already crowded when we arrived after 9 p.m., with a warm buzz of conversation. But scarcely had we been there 10 minutes when the diners fell silent. A woman at the table next to us […]

February 28, 2018 | Why Over Half of Japan’s Work Force Won’t Get a Raise

China’s president fixing to be dictator for life

February 28, 2018 | Inflation is in the Rear-View Mirror

  43 percent of credit card holders carry a balance. Delinquencies are rising. It’s a deflationary debt trap. Revolving Credit Hits New Record High In December, revolving debt has topped the previous high-water mark of $1.021 trillion set in April of 2008. Debt as of December 2017 (the latest available) is $1.028 trillion. Relationship Killer […]

February 28, 2018 | US Credit Card Defaults

Trump tax cuts and US wages

February 28, 2018 | BC NDP Tries to Censor Comments on FOI

  • Bob Mackin – Former BC Premier Christy Clark makes secret speech to Ontario real estate agents

February 28, 2018 | Why are Stocks Down and the US Dollar Up?

Gold, Oil, and the Bond Market

February 28, 2018 | Gold Stocks Break Down below 2017 and 2018 Lows!

The HUI Index just closed below both 2017 and 2018 lows. The interpretations of many developments in the market are vague and subjective. But not major breakdowns. Gold miners just showed exceptional weakness by closing at new lows even though gold is still above $1,300 and the S&P corrected more than half of its recent […]

February 27, 2018 | Have ‘NO’ Counter-party Risk!

Today, at the clubhouse the discussion centered on this concept called ‘counter-party’ risk. What is ‘no’ counter-party risk? What do I mean by this concept. Many of us realize that our digital/cyber monetary system will get shut down at some point down the road. The system is fragile and criminal and very corrupt. It is […]

February 27, 2018 | GDPNow “Real Final Sales” Forecast Dips to 1.6%

Poor housing reports and poor economic reports on durable goods and international trade took a toll on GDP estimates. The latest GDPNow forecast is 2.6%, down from and 3.2% on February 16, 4.0% on February 2, and 5.4% on February 1. After this morning’s Advance Economic Indicators and durable manufacturing reports from the U.S. Census Bureau, the […]

February 27, 2018 | Bonds Coming Under Pressure

We are beginning to observe institutional investors withdrawing from bonds issued by companies whose credit ratings are in question. Many are also selling off other classes of bonds in anticipation of higher rates. The trend toward investing in high yielding debt mainly by pension funds has begun to reverse albeit gradually. Because of the low yields, […]

February 27, 2018 | Is Anyone Ready for a Bear Market?

From a technical standpoint, the S&Ps and the Dow rolled down from interesting places on Tuesday. The Indoos sputtered out precisely at the Hidden Pivot midpoint of a long-term pattern projecting above 28,000 mentioned here earlier. For their part, the E-Mini S&Ps died 20 points shy of a rally target that had looked like a […]

February 27, 2018 | The Cab Driver Didn’t Have Shoes

BUENOS AIRES, ARGENTINA – Another good day for Wall Street yesterday. The Dow rose more than 300 points. And sources tell Bloomberg that the Fed is ready to accept higher levels of inflation – say, 2.5% – before it calls for battle stations. In our opinion, it will have no choice; it will have to […]

February 27, 2018 | Share Buybacks are Market Manipulation and They Must be Banned

Some $4 trillion in share buybacks by corporations since 2009 have been a indiscriminate force levitating stock prices to valuation extremes this cycle.  It’s also been a non-productive waste of funds enabling asset bubbles, piling on reckless debt and financial alchemy at the expense of long term investment, innovation, strength and stability.  We have been […]

February 27, 2018 | Nothingburger

In a moment, the real news. First the latest from Mr. Socks and the Chateau Kid – the nothingburger federal budget, 2018, delivered at a time when interest rates are rising, our biggest trade partner hates us, the country’s debt is swelling, the labour market is wonky and the housing market’s wobbly. So what is […]

February 27, 2018 | Now We Know How Far Stocks Have To Fall For The Fed To Act

10%. That’s what February’s flash crash shaved off of the major US equity indexes. And now Gerome Powell, the Fed’s incoming chairman, is saying that he’s fine with inflation exceeding the target rate of 2%. Put another way, he’s promising that monetary policy will be as loose as necessary to keep asset prices elevated and […]

February 27, 2018 | The Coherent, The Foremost, and the Remarkable

The previous week was quite rich in important events. Silver rallied significantly on Wednesday and mining stocks underperformed significantly on Thursday. Gold declined significantly after moving to the previous high, but without a breakdown to new 2018 lows the situation remains tense, especially that the USD Index is fighting to break above an important support […]

February 27, 2018 | Strong Link Between Microwaves and Cancer

  • Sharon Noble –  US Warns on China Company that Supplies Canada Telecommunications

February 27, 2018 | “Average Joe ” Panic Selling on New York  Exchange

While US Dollar falling, Loonie plunging even faster

February 26, 2018 | Forget the Yuan: King Dollar is Here to Stay

Many believe deficit spending will kill the US dollar as a reserve currency and the yuan will take over. They are wrong. Economist Daniel Lacalle asks Can China Really Kill The US Dollar Supremacy? >Why China Will Fail to Dethrone the US Dollar First, because it wants the world to widely accept the Yuan while maintaining […]

February 26, 2018 | Still a Very Bullish Permabear…

A key aspect of Hidden Pivot analysis holds that if a rally target is exceeded easily, the uptrend should be presumed bound for a target of still-higher degree. In my latest tout for the E-Mini S&Ps, I’ve flagged a minor target that lies 25 points above Monday’s high. It seems likely to be achieved, but […]

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