ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
July 29, 2018 | Is The Interest Rate Death Spiral Finally Starting?
The yield on Italy’s 10-year bond is up by about 100 basis points from its 2018 low. Meanwhile, its government continues to borrow money and roll over its existing debt. But now it has to do so at ever-higher interest rates, which means it has to pay more interest, which means its deficits are rising, […]
July 29, 2018 | Run from Homebuilders Like the House is on Fire!
I have nothing against homebuilders per se. I wish them well. But the chart is painting a forbidding picture. If you own them, you might consider exiting or at least hedging those investments. Just look at the SPDR S&P Homebuilders ETF (NYSE: XHB). The babbling heads on CNBC have pounded the table on this one recently, […]
July 28, 2018 | Recession Without an Inverted Yield Curve? Sure, Why Not?
Japan had six consecutive recessions without an inverted yield curve. There is no reason it can’t happen here. The above chart shows the last six recessions. I do not believe any points of the curve inverted but I only show short-term rates and the 10-year rate. I believe portions of the yield curve did invert […]
July 28, 2018 | The IMF’s SDR & Monetary Reform – Another Crazy Idea?
QUESTION: Hi Martin, I am a long time reader of your blog and a big fan of the tools that you have developed for investors. Thanks for all that you do and I wanted to reach out and ask about your opinion of the thesis that ——- outlines for the IMF implementing SDRs as world money […]
July 28, 2018 | Endgame Strategizing
We are all on a debt-filled train that is eventually going to crash, and if you are on it, it won’t stop to let you off first. Jumping at the last minute is not a good option, either. So what do you do? You take action now, while you have time. Last week I gave […]
July 28, 2018 | This Week in Money
- Bob Hoye – Stock Markets, Facebook, Twitter.
- Robert Campbell – US Real Estate and the Markets.
- Allan Mark Angell – Vancouver High End Real Estate and Constricting Sales.
- Larry Reaugh President & CEO of American Manganese Inc. on Company Showcase – EV Car Production Still Rapidly Advancing – Summer Doldrums in the Markets. Read the Latest News. Read Superb Crew Article “American Manganese Inc. – A Critical Metal Company Focusing On Recycling Lithium-Ion Electric Vehicle Batteries“. Read Reuters Article “China Launches Pilot EV Battery Recycling Schemes“. See UPDATED AMY Business Plan. View UPDATED AMY Powerpoint. Questions? Email Larry or Phone: 778.574.4444
July 27, 2018 | The Big Adjustments in “Real” GDP
A $1-trillion job. What the Bureau of Economic Analysis released today as part of its GDP report was a huge pile of revisions and adjustments going back years. It included an adjustment to the tune of nearly $1 trillion in “real” GDP. And it lowered further its already low measure of inflation. Based on this […]
July 27, 2018 | Facebook Flop Raises Questions
Facebook reported results that were a shock to the market, causing a sell-off that saw the social media giant trading 18 percent lower on Thursday morning. The FAANG stocks, (Facebook, Apple, Amazon, Netflix and Google) represent a large share of the S&P 500. Is Facebook’s stumble a warning for the broader market, or an isolated […]
July 27, 2018 | GBP/USD Daily View – Expanding flat pattern setup?
In the daily chart view of GBP/USD you can better see the expanding flat pattern (A-B-C) I referred to in the 240-min view (second chart below).
July 27, 2018 | Over-Housed Boomers Looking to Downsize is a Secular Shift
Lower shelter costs, along with less consumption spending of all kinds, are necessary pillars to restoring financial viability for households in the post-debt-bubble world. As credit levels recede through a much needed secular contraction, home prices will have to realign with more historically normal income and saving rates. In the end this will be a […]
July 27, 2018 | Unthinkable
If the economy’s so great, why did stocks go down? That simple question’s a good one. On Friday Washington announced a 4% spurt in US economic growth in the latest quarter. Twice that of the previous period. So yuge, said the president, that it was “unthinkable.” Yeah, it was good. Not as sexy as the […]
July 27, 2018 | Bank Wires & the Hunt for Money
QUESTION: Hi Martin, in reference to the mailing of 500k in bank drafts to the US by a Canadian in Canada – I am wondering what your thoughts are in wiring > 50,000 (CAD) to a US brokerage account, as a Canadian citizen? Do you think there may be potential confiscation or holding of wired funds […]
July 27, 2018 | Facebook, Twitter, and US GDP
Copper, Base Metals, and the Stock Market
July 27, 2018 | EV Car Production Still Rapidly Advancing
Summer Doldrums in the Markets. Read the Latest News. Read Superb Crew Article “American Manganese Inc. – A Critical Metal Company Focusing On Recycling Lithium-Ion Electric Vehicle Batteries“. Read Reuters Article “China Launches Pilot EV Battery Recycling Schemes“. See UPDATED AMY Business Plan. View UPDATED AMY Powerpoint. Questions? Email Larry or Phone: 778.574.4444
July 26, 2018 | The Next Oil Crisis Looms — What You Need to Know in One Chart
There is a crisis moving toward the oil markets now, like a crocodile hunting a bunch of swimmers at the beach. It barely makes ripple on the surface of the water. But man, can it bite. I’ll explain. You know that President Trump and Iranian President Hassan Rouhani are in a war of words. First, […]
July 26, 2018 | FAANG ‘Leadership’ Takes a Body Blow
I’ve renewed my focus on AMZN as a crucial bellwether for the bull market, since the retailer’s shares seem likely to remain feisty up until the moment their rabid sponsors keel over dead from exhaustion. The stock was on course to end the week in a downtrend. It’s been a month since that occurred, and […]
July 26, 2018 | The FAANGs Will Crash
YOUGHAL, IRELAND – Poor Mark Zuckerberg. Rumor has it that he is some sort of advanced robot, “reptilian,” or alien. “Lord Zuck,” the kids call him. Lord Zuck Yesterday, his company lost $151 billion in stock market value. The stock fell 20% after hours. Today, if after-hours trading trends continue, Facebook will suffer its […]
July 26, 2018 | In Praise of Many
The sad, empty people who have no life and are addicted to this pathetic blog know the rules. Be balanced. Be diversified. That doesn’t mean owning two condos instead of one. Or having a spouse and a GF. And it sure doesn’t mean putting your faith in one stock, one asset or one house on […]
July 26, 2018 | Mortgage Prison: Sydney Home Prices Suffer Largest Annual Decline Since 2008
Home prices in Sydney and Melbourne are back to 2016 levels. That is a tiny down payment as to what is coming. News AU reports House Prices Drop in Sydney, as Melbourne Prices Stall. Tumbling house prices in Sydney and Melbourne are the main drivers behind the first annual drop in national property prices in […]
July 26, 2018 | More Anti-Trust Prosecutions Coming
The most stable systems have strong counter-veiling forces to help maintain balance rather than allowing any one party or interest to weaken the whole with domination and control. Last week Google received a record 4.3 billion-euro ($5 billion) antitrust fine from the European Union and was ordered to change the way it ties search and […]
July 26, 2018 | US Border Seizes $500,000 Inheritance Mailed from Canada to USA
An Ottawa man, David Saikaley, acting as executor of a will obtained a bank draft for $500,000 and mailed it to family members in the United States to settle an estate. Bank checks are regarded as “cash” and the money was seized by customs. Almost a year later, the money is still stuck at the border. This […]
July 26, 2018 | Trump, Facebook, and Tariffs
Copper, Oil, and Housing
July 25, 2018 | Trump’s Farm Bailout Is Win-Lose
YOUGHAL, IRELAND – What a spectacular summer! People may be frying eggs on the sidewalks of Algiers and fighting forest fires in Sweden, but here in Ireland, the heatwave is a delight. Farmers are grousing, of course, but we are enjoying daytime temperatures in the mid-70s and beautiful, clear skies. Farmers are grumbling in the […]