Stock Market Grin Of The Day
Jim Rogers Warns Again – Massive Financial Crisis Ahead
Investment Grin Of The Day
Why The US Should Stop Propping Up Genocidal Regime Of Saudi Scumrabia
Investment Grin Of The Day
An Important Message From The Yield Curve
10/18/2018 – A negative day with the Dow Jones down 327 points (-1.27%) and the Nasdaq down 157 points (-2.06%)
As we have been saying for some time, the stock market finds itself at an incredibly important juncture. Things are about to move. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
MISH had an important write up on the yield curve. Let’s take a look
Some believe recession risk is minimal because the yield curve is steepening and there has been no inversion.
In regards to steepening, there is not much credence except in isolated incidents like that shown in the “Steepening Yield Curve Snapshot”.
In regards to inversion, there is no rule that says the yield curve must invert before before recession. Japan provides an excellent example.
Mish is dead on in his analysis and we have been saying the same thing over the last few months.
The actual inversion is never very deep and does not last very long. Historically speaking. As a result, the event itself is of limited importance.
What is?
The flattening of the yield curve going into the recession and/or stock market collapse. It takes much longer and it is devastating to earnings of most financial firms. The primary driver behind today’s so called debt fueled recovery. And today’s yield curve is already as flat as a poor’s man pancake.
In other words, most of the damage has already been done. It is little beside the point if the yield curve actually inverts (it will) or not.
Our mathematical and timing work associated with the stock market tends to agree. If you would like to find out what happens next, please Click Here.
From MAGA To World’s Best Economy To Great Depression 2.0, Wait What?
10/19/2018 – A mixed week with the Dow Jones up 105 points (+0.41%) and the Nasdaq down 47 points (-0.62%)
As we have been saying, the stock market finds itself at an incredibly important juncture. Things are about to move. If you would like to find out what happens next, based on our timing and mathematical work, in both price and time, please Click Here.
Just how fast can we go from the World’s Most Competitive Economy to Great Depression 2.0? According to the IMF, incredibly fast. Let’s start with good news.
U.S. Wins Title of World’s Most Competitive Economy for First Time in a Decade
The World Economic Forum, which hosts the annual conference of global elites in Switzerland, said on Tuesday that the United States is the most competitive economy in the world. The U.S. has not held the number one spot since 2008, when the aftermath of the financial crisis and bungled recovery efforts left the U.S. economy limping.
“The United States, as one of the world’s great innovation powerhouses, is very well positioned in this new competitive landscape,” the Forum said in an article explaining its ranking. “It ranks first overall in the world in three of our twelve pillars; business dynamism, labour markets and financial system. It comes second in another two; innovation (behind Germany) and market size (behind China).”
Deranged MAGA chants were heard coming out of the White House as soon as the news broke. With that in mind, it is not all rainbows and unicorns.
IMF Issues Dire Warning – ‘Great Depression’ Ahead?
Is another “Great Depression” on the horizon?
It would be easier to dismiss these words from Nouriel Roubini, Marc Faber or other doom-and-gloom prognosticators. Coming from Christine Lagarde’s team, though, they take on a new dimension of scary.
The International Monetary Fund head isn’t known for breathlessness on the world stage. And yet the IMF sounded downright alarmist in its latest Global Financial Stability report, stating that “large challenges loom for the global economy to prevent a second Great Depression.”
Even some market bears were taken aback. “Why,” asks Michael Snyder of The Economic Collapse Blog would the IMF use this phrase “in a report that they know the entire world will read?”
Wait, what?
This is rather simple. Recessions and depressions follow irrational exuberance caused by imbeciles in power who were hell bent on juicing the Everything Bubble with massive amounts of debt. But don’t listen to me, even President Trump is getting ready….
Here’s who Trump will blame when stocks tumble
President Trump is a master at blame-ducking. And he has recently telegraphed who he plans to hold responsible whenever there’s a meaningful drop in the stock market.
Trump has become a vocal critic of the Federal Reserve, complaining that the central bank is raising interest rates too far, too fast. He recently griped that the Fed is “going wild,” even though most economists support the Fed’s strategy of gradually pushing interest rates back toward historical averages.
All of the above is nice in theory, but useless when it comes to predicting capital markets. We might help….
If you would like to find out exactly what the stock market will do next in both price and time, based on our timing and mathematical work, please Click Here
