Based on the National Association of Realtor’s “Seasonally Adjusted” Annualized Rate (SAAR) metric, home sales were said to have ticked up 0.7% in September from August. On a SAAR basis they declined 1.5% from September 2016. In his customary effort to glaze the pig’s lips with lipstick, NAR chief “economist” and salesman, Larry Yun, asserted […]
Last weekend, as Deutsche Bank’s derivatives strategist Aleksandar Kocic was looking at the spread between the short and long end of the curve, and while contemplating the lack of market volatility, he concluded that “given where long rates are, Fed appears as overly hawkish – it has only two more hikes to go and, for […]
Update (1510ET): Catalan leader Carles Puigdemont addressed Catalans, Spaniards, and the rest of Europe on TV saying that the Spanish states' imposition of Article 155 means "liquidation of our self-government and cancellation of the democratic will of Catalans". Mentioning Franco, Puigdemont said Spain "closed the doors ot a request for talks, and should set a […]
Source: thedailyeconomist.com
Examining The Most Hated Bull Market Ever Sector & Market Analysis 401k Plan Manager Follow Us On: Twitter, Facebook, Linked-In, Sound Cloud, Seeking Alpha Examining The “Most Hated Bull Market Ever” From last week: “The seemingly “impervious” advance since the election last November, has had an interesting “stair step” pattern with each advance commencing from a breakout […]
One of the most non-secret secrets in the financial sphere is how the Federal Reserve, along with the majority of other central banks, having a trading desk that allows them to dabble in stocks, futures, derivatives, and commodities whenever they choose to do so. And when you add in their purchases of Mortgage Backed Securities […]
Authored by Justin Raimondo via AntiWar.com, Some people are living symbols, sheer embodiments of a concept that fits their persona as snugly as their skin: e.g. the Dalai Lama personifies Contemplative Piety, Harvey Weinstein is the incarnation of Brazen Vulgarity, and John McCain’s very person exudes the sweaty blustery spirit of Empire. His entire history […]
Via The Daily Bell Getting Clever with Fear to Restrict the Internet. Representatives from the seven countries (UK, USA, Germany, Italy, France, Canada, and Japan) known as the G7 which form the Council on Foreign Relations met to discuss what to do about extremist jihadi content on the internet. They want to work with tech […]
FRA: Hi ― Welcome to FRA’s Roundtable Insight ….. Today we have Yra Harris and John Browne. Yra is an independent trader, a successful hedge fund manager, a global macroeconomic consultant trading foreign currencies, bonds commodities and equities for over 40 years. He was the CME Group Director from 1997-2003. John is the Senior Market Strategist […]
The prospect of tax reform and a Fed hike in December, with expectations ofmore next year, helped lift the dollar broadly last week. Although the Japanese election and ECB meeting lie ahead, the fundamental backdrop for dollar looks constructive. The technical condition is also favorable, especially on the weekly charts. The Dollar Index continues to appear to […]
Topics: US Economy Ted Cruz and Bernie Sanders had a civil debate over tax cuts, which is a change of pace from the crazy politics of today. It aired on 10/18/2017 on CNN. Source: www.wallstreetwindow.com
Texas City Tells People No Hurricane Harvey Aid Unless They Promise Not to Boycott Israel American Civil Liberties Union The city of Dickinson, Texas, is requiring applicants for Hurricane Harvey rebuilding funds to certify in writing that they will not take part in a boycott of Israel. The American Civil Liberties Union criticized the city’s […]
A lot of people are looking forward to retirement due to all of the advantages it brings. Seeing as how you will have more free time, you will get to enjoy it with your grandchildren, go out more and spend your energy and resources on passions you always wanted to pursue. However, not all social, […]
Russia again upped it gold reserves in September with the purchase of 1.1 million ounce (34.2 tonnes) putting it easily on track to add a further 200 tonnes to reserves in the current year. Source: sharpspixley.com
Topics: Junior Mining Stocks News The silver miners’ stocks have mostly drifted sideways this year, looking vexingly comatose. Such dull price action repels speculators and investors, so they’ve largely abandoned this lackluster sector. That weak trader participation has led to silver stocks’ responsiveness to silver price moves decaying. What can shock silver stocks out of […]
Dr. Quinton Hennigh, the founder and chairman of Novo Resources covers the news release from earlier this week and what news flow we can expect in the weeks and months ahead. Novo Resources Website Novo Resources Email: leo@novoresources.com Novo Resources Phone: (416) 543-3120 Source: The Daily Gold
by Dominic Frisby of Money Week Every year, Ronald-Peter Stoeferle and Mark J Valek of investment and asset management company Incrementum put together the report In Gold We Trust – 160-plus pages of charts and thoughts, mostly gold-related, on the state of the world’s finances. There’s so much to look at and consider. It’s a sort of digital equivalent of […]
Authored by Brandon Smith via Alt-Market.com, In my last article 'A Tactical Analysis Of The Las Vegas Mass Shooting Incident,' I outlined the precarious nature of the mainstream narrative and why the Vegas event in particular requires serious independent investigation into the possibility that Stephen Paddock did not plan or execute the event alone, or, […]
Company towns used to be a defining feature of the American economy. Nowadays, as Raul at HowMuch.net notes, thanks to globalization and offshoring, it is much harder to find employers that exert such influence over a small town (with a few notable exceptions). That being said, specific industries still tend to grow in clusters and can dominate the […]
After nearly a year of cogitating, no one in the media, usually a fairly leaky institution, has been able to figure out who exactly who provided the infamous “Trump Dossier” to BuzzFeed which was published on January 10, 2017 and promptly debunked within approximately 35 seconds. As the Daily Caller points out today, less than […]
