10/23/2018 – A negative day with the Dow Jones down 126 points (-0.50%) and the Nasdaq down 31 points (-0.42%) 

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

This is getting downright ridiculous.

Obama Calls Trump “Tin-Pot Dictator”, Takes Credit For “Economic Miracles”

“That is not how America works. That is how some tin-pot dictatorship works,” Obama added, two years after he spied on the Trump campaign using a sham dossier paid for by Hillary Clinton.

Obama suggested in 2016 that Trump would require a “magic wand” to bring jobs back to America. “Well, how exactly are you going to do that? What exactly are you going to do? There’s no answer to it,” Obama said during a PBS town hall.

BuzzFeed reports that Obama “didn’t come to Nevada to make news,” because “He’s said to be afraid his presence would backfire, give Trump a foil, and energize the Republicans who Democrats hope will stay home in November.”

A truly intelligent person would drop this economic miracle faster than a hot potato. Here’s why…….

The Average Stock Is Overvalued Somewhere Between Tremendously And Enormously

My business is to constantly look for new stocks by running stock screens, endlessly reading (blogs, research, magazines, newspapers), looking at the holdings of respected investors, talking to a large network of investment professionals, attending conferences, scouring through ideas published on value investor networks, and finally, scouring a large (and growing) watch list of companies to buy at a significant margin of safety.

With all of that, my firm is having little success finding solid companies at attractive valuations.

Don’t just take my word for it. Take a look at several charts, below, that show the magnitude of the stock market’s overvaluation and, more importantly, put it into historical context.

Indeed.

Trump was absolutely correct in labeling Obama’s economy as a massive bubble during his Presidential campaign. Too bad he proceeded to “re-imagine” it with his tax cuts and MAGA nonsense. Something he will pay dearly for over the next few years. Then again, the can always blame the FED and/or democrats.

Like we have said before, it is not a question of if, but when. If you would like to find out exactly when the stock market will crater, in both price and time, please Click Here

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

• In Search of the Allegedly Steepening Yield Curve

In regards to steepening, there is not much credence except in isolated incidents like that shown in the “Steepening Yield Curve Snapshot”.

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