June 23, 2024 | This Time Is (Not) Different

The old saw about doing the same thing and expecting a different result is less simple than it seems. Sometimes you need a few attempts to get it right. Nevertheless, when you see a long succession of smart people doing the same thing and getting the same bad result, it’s fair to wonder what they […]

June 23, 2024 | If Hackers Can Shut Down 15,000 Car Dealerships, Is Your Bank Safe?

On the list of things that might disrupt our increasingly fragile financial system, cyberattacks have always been up there with pandemics, real estate busts, war, and inflation. But those other things have, in one form or another, been happening while cyber disruptions have been limited to small-time extortion and the occasional data breach. That might […]

June 22, 2024 | Trading Desk Notes For June 22, 2024

NVDA goes to the top of the market cap leaderboard The total market cap of NVDA, MSFT, and AAPL is now over $10 trillion. NVDA, MSFT, GOOGL, AMZN, and META collectively are up ~45% YTD, representing ~25% of the S&P market cap and ~60% of S&P YTD gains (NVDA alone accounts for ~35% of the […]

June 22, 2024 | This Week in Money

• Ross Clark: Stock Markets – Record Highs, Gold, Silver, Oil.   Special Offer! 25% Off New Annual Subscriptions.
• Eric Hadik:  (11:57) Trading Cycles, Interest Rates, Bonds, Gold, Silver, USD.
• John Rubino: (37:58) BRICS, USD, Digital Currency, Gold, Commercial Real Estate.

June 22, 2024 | Tech Talk for Saturday June 22nd 2024

The Bottom Line Focus this week is on the May Core PCE Price Index released on Friday. This report is the FOMC’s most important indicator for inflation. A drop below the 2.8% annual rate set in April will signal easing inflation pressures and will set the stage for the traditional “Summer Rally” by U.S. equity […]

June 22, 2024 | Recession Impacts on Employment and Financial Markets

Ted Oakley interviews Danielle DiMartino Booth on recession, interest rates, and markets.Here is a direct video link. 

June 22, 2024 | Consumed by Hatred

  QUESTION: How can such hatred be passed down the generations for so long? I have never experienced a family grudge against another, so it is hard for me to understand. Besides, neither side is completely innocent for them to claim such an injustice. Far from it. I have 2 high school friends that I […]

June 21, 2024 | Massive Glut in Solar Panel Supply Pushes Prices Lower

Growing China-based production of solar panels and other key components ensures that a massive supply glut will arrive in 2024. Prices for solar panels are plummeting in most world markets, but the U.S. consumer will pay substantially higher prices. According to Bloomberg BNEF, China-based manufacturers continue to build new capacity beyond the level of expected […]

June 21, 2024 | Cost-Cutting in Focus

Some facts on the ground… Cutting Costs – Corporate Mentions of “Operational Efficiency” Spike — DiMartino Booth via Fox Business News. Here is a direct video link. 

June 21, 2024 | Will Macron Start War to Retain Power?

The Rassemblement National (RN), which the press calls the far-right in France, has become the ant-war party with hopes of displacing Macron as prime minister after France’s upcoming parliamentary. In 2022, Marine Le Pen doubled down on her criticism of Europe in support of the Ukrainian war and counteroffensive as tensions within the Russian government […]

June 21, 2024 | Home Sales Sag Further, Hit by Mortgage Rates. Price Cuts & Active Listings Surge. Median Price Skewed by Surge in High-End Sales

Still dogged by mortgage rates milling around in the 7% neighborhood, and by people’s urge to wait for lower mortgage rates before buying, sales of existing homes of all types – single-family houses, townhomes, condos, and coops – fell further in May from April on a seasonally adjusted basis, to an annual rate of 4.11 […]

June 21, 2024 | Is Copper Really in a “Super Cycle”?

The Fed a Bunch of Ineffective Paper Pushers

June 20, 2024 | A.I. Hype Has Magnified Market Downside

A worthwhile discussion in this segment… So far this year, the top 10 stocks in the S&P 500 have accounted for more than 76% of the index’s gain. This is the 2nd most concentrated reading for the S&P in the past 20 years. The highest percentage was 79%, achieved in 2007, right before the Global […]

June 20, 2024 | Canadians Want Trudeau OUT

  Canadians have long been done with Prime Minister Justin Trudeau and his oppressive regime. The tides for Trudeau turned in a major way during the coronavirus pandemic when he did all in his power to take away the rights of Canadians. Since then, he has forgone domestic interests in favor of the globalist cabal. […]

June 20, 2024 | Why BRICS Move to Gold Backed Currency Good for Canada

Is the BRICS Gold backed digital currency a threat to the US Dollar?

June 20, 2024 | Summer Solstice Appears to be Affecting Markets

BRICS serious about taking on US Dollar.  Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

June 20, 2024 | Markets Setting Up for a Critical Turn

Will the US Dollar survive a BRICS digital Gold backed currency?

June 19, 2024 | Canadian Financial Weakness Stands Out

The unemployment rate and bankruptcies are surging. Here is a direct video link. Canadian corporate bankruptcies are +93% year over year (shown below since 2014). While the Canadian stock market has gone nowhere since November 2021…

June 19, 2024 | Millions of Debt Slaves, Created Right Before Our Eyes

I just got this offer from a credit card: But it’s not just credit cards: Buy Now, Pay Later Craze Coming To Apple Pay (Zero Hedge) – iPhones and iPads will soon be integrated with Affirm’s buy now, pay later (BNPL) feature. This product will soon be available for Apple Pay users. “This will enable […]

June 19, 2024 | Fauci Admits School Closures were Unnecessary

Schools across America shut down for over a year due to “the science” citing that social distancing was the only way to save the world from a deadly plague. Dr. Anthony Fauci has been revealing damning truths during his trial with the House Select Committee on the Coronavirus Pandemic who is demanding answers. Fauci first […]

June 18, 2024 | Influence vs Cycles

QUESTION: Mr. Armstrong, I don’t mean to be disrespectful, but it certainly seems obvious just how many governments are using Socrates. The head of Serbia has come out and said we could be in World War III in three months. Orban came out and said NATO was “getting closer to war” every week, and he refused […]

June 18, 2024 | Liquidity Crunch

Twelve years of continuous central bank interventions (2010 to 2022) helped to sustain near-zero interest rates, which increasingly starved capital of conventional investment income/yield—the long-standing engine of compound returns. The finance sector capitalized on the yield void by offering high-fee products that touted elevated returns and on-demand liquidity. Many retail and institutional capital allocators took […]

June 18, 2024 | Silver Market Manipulation Adversary Ted Butler Dies

Friends confirmed tonight that silver market analyst Ted Butler, who exposed and became the scourge of silver market manipulation for almost three decades, died Saturday. Butler lived in Florida and wrote about silver market manipulation since 1996. In 2009 he formed Butler Research LLC and began publishing a subscription newsletter. He often scolded the U.S. […]

June 18, 2024 | Why Does the Government Borrow When It Can Print?

In the first seven months of Fiscal Year (FY) 2024, net interest (payments minus income) on the federal debt reached $514 billion, exceeding spending on both national defense ($498 billion) and Medicare ($465 billion). The interest tab also exceeded all the money spent on veterans, education, and transportation combined. Spending on interest is now the […]