8 Views Of U.S. Home Ownership By State

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Compiled by Lorimer Wilson  This infographic takes a detailed look at: Mortgage Debt By State Average Monthly Mortgage Payment By Metropolitan Area Changes In Total Outstanding Mortgage Debt By Year Salary Needed To Buy A House In Various Metropolitan Areas Changes in House Prices Since the Bubble Burst (2007-2017) The Price Of A Starter Home… Read More

Are Your Retirement Expenses Out of Control?

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This post Are Your Retirement Expenses Out of Control? appeared first on Daily Reckoning. We’ve all seen the commercials with the gray-haired couple sipping champagne on the beach or the grandfather teaching his grandkids how to fish at the lake house. But financially speaking, how realistic are these depictions of retirement? According to the latest… Read More

Six Things to Watch in the Week Ahead

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The prospect of a third trade truce between the US and China helped underpin the optimism that extended the rally in equities.  Bond yields continued to back-up after dropping precipitously in August, led by a more than  30 bp increase in the US yield benchmark.  The Dollar Index fell for the second consecutive week, something… Read More

Where The Global Squeeze Is Unmasked

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Trade between Asia and Europe has dimmed considerably. We know that from the fact Germany and China are the two countries out of the majors struggling the most right now. As a consequence of the slowing, shipping companies have had to make adjustments to their fleet schedules over and above normal seasonal variances. It was… Read More

5 Financial Rules of Thumb You Need to Break

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This post 5 Financial Rules of Thumb You Need to Break appeared first on Daily Reckoning. One of my favorite Seinfeld episodes is when Kramer storms into Jerry’s apartment and starts complaining about another golfer who picked up his ball in the middle of the fairway to clean it. Kramer goes on to say that… Read More

Retail Math, Stock Sentiment

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According to the Census Bureau, auto sales in the US may be on the upswing. Rising 6.8% year-over-year in August, it was the highest rate in nearly three years for retail sales of automobiles. This follows an upward revised 6.3% increase during July, the best back-to-back months in the beleaguered sector since the end of… Read More

SPECIAL REPORT: The Yield Curve And What It Means

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The Yield Curve Inverted! Recession is Coming! Do you need to worry about the yield curve inversion? Not if you have a strategy appropriate to your circumstances. Not if you know what tactics you will employ when recession is imminent. And most importantly, not if you know what the yield curve and other indicators are… Read More

Cool Video: Thoughts on ECB

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A few hours after the ECB announced a new package of monetary accommodation, I joined a discussion on CNBC Asia with Nancy Hungerford and Sir Jegarajah.  Here is a clip of part of our discussion.   I make two points.  The first is about the euro’s price action.  What impressed me about it was that the… Read More

Bernie Sanders Says in Last Night’s Debate that Richest 3 Americans Own More Wealth than Bottom 160 Million Americans. It’s Actually Worse than That.

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Bernie Sanders Says in Last Night’s Debate that Richest 3 Americans Own More Wealth than Bottom 160 Million Americans. It’s Actually Worse than That. By Pam Martens and Russ Martens: September 13, 2019 ~  During last evening’s Democratic debate, Senator Bernie Sanders said this: “You’ve got three people in America owning more wealth than the bottom… Read More

Alexandria Ocasio-Cortez on WeWork IPO: “You’re Getting Fleeced”

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Alexandria Ocasio-Cortez on WeWork IPO: “You’re Getting Fleeced” By Pam Martens and Russ Martens: September 12, 2019 ~ Yesterday the U.S. House of Representatives’ Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets held an extremely timely hearing titled: “Examining Private Market Exemptions as a Barrier to IPOs and Retail Investment.” The thrust of the hearing… Read More

8 Unforgettable Fall Travel Destinations for Retirees

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This post 8 Unforgettable Fall Travel Destinations for Retirees appeared first on Daily Reckoning. As varied as people are, they usually have common wishes. I mean, who wouldn’t love to win the lottery or have a beach body no matter what they ate, right? This holds true when it comes to the lifestyle people envision… Read More

What’s the Best Choice Between Gold, Silver & Platinum?

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…Precious metals are looking like a great alternative…[these days given all the] uncertainty – trade war, high corporate debt, high federal debt, possible negative interest rates, etc. – [that exist in the economic environment out there]…This article analyzes…which metals to choose. The typical choices are gold, silver, and platinum… This post is taken from the original article… Read More

Dollar is Firm as ECB is Awaited

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Overview: Global equities are extending their recent gains while bonds remain on the defensive.  The dollar is firm.  There is a degree of optimism that is prevailing. There are some more overtures in terms of US-Chinese trade. In Hong Kong, developers and banks led an equity rally on ideas that the political tensions may ease. South… Read More