Financial topics

Investments, gold, currencies, surviving after a financial meltdown
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Tom Mazanec
Posts: 4200
Joined: Sun Sep 21, 2008 12:13 pm

Re: Financial topics

Post by Tom Mazanec »

Since everybody goes here, I will post here for economic/financial stuff.
QE probably won't work much more:
https://realinvestmentadvice.com/qe-the ... -not-work/
Record credit card debt:
https://www.theepochtimes.com/credit-ca ... 25970.html
Trade deficit up, GDP down:
https://moneymaven.io/mishtalk/economic ... Y5RcXTicA/
European bond volatility drop shows grim future:
https://www.bloomberg.com/news/articles ... e-s-future
Global economy sinking:
http://www.shtfplan.com/headline-news/g ... t_03062019
Recent growth purchased by unsustainable debt:
https://seekingalpha.com/article/424634 ... wing-broke
Budget deficit up 77% this year so far:
https://www.wsbtv.com/news/national-new ... /927684338
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain
Higgenbotham
Posts: 7985
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

Higgenbotham wrote:
John wrote:
Higgenbotham wrote: > The headlines and comments over the past week indicate that the
> Central Banks are not going to give up on trying to prop up the
> stock market. My loss grew from 49K to 55K this past
> week.
Did you believe that they would give up trying, and then get blamed
for letting stock prices fall?
The headlines and comments are indicating that, but nothing was said about lowering interest rates or adding assets back to the balance sheet anytime soon. I also read that pension funds wanted to dump $26 billion in stocks last week, according to Wells Fargo. That was interesting because the article also said pension funds usually wait till the end of the quarter, but they didn't want to wait until the end of March.
Went from a loss of 55K at the end of last week to being up 6K at the end of this week. Powell will be interviewed on 60 Minutes Sunday night.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
John
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Location: Cambridge, MA USA
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Re: Financial topics

Post by John »

Higgenbotham wrote: > Went from a loss of 55K at the end of last week to being up 6K at
> the end of this week. Powell will be interviewed on 60 Minutes
> Sunday night.
How are these two sentences connected?
Higgenbotham
Posts: 7985
Joined: Wed Sep 24, 2008 11:28 pm

Re: Financial topics

Post by Higgenbotham »

John wrote:
Higgenbotham wrote: > Went from a loss of 55K at the end of last week to being up 6K at
> the end of this week. Powell will be interviewed on 60 Minutes
> Sunday night.
How are these two sentences connected?
I had a loss of 55K at the end of last week and at that time, the news headlines and comments over the past week indicated that the Central Banks are not going to give up on trying to prop up the stock market. Despite what the news was saying, stocks reversed this week and closed lower. As I stated last week, the news headlines were illogical and inaccurate because the Fed had said absolutely nothing about either lowering interest rates or adding assets back to their balance sheet. This Sunday night, 60 Minutes will air an interview with Fed Chairman Powell where the immediate direction the Fed will actually take is likely to be clarified. I was right not to capitulate in the face of headlines that said the Fed will attempt to prop up the stock market regardless. But things may change when the Powell interview gets aired and it's possible I could go back to loss.
While the periphery breaks down rather slowly at first, the capital cities of the hegemon should collapse suddenly and violently.
aeden
Posts: 13973
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

How are these two lines not connected.

The foreign-controlled opposition to a pipeline to Canada's west coast continues.
As Vietnam's energy dilemma is about to become a crisis.
Last edited by aeden on Sat Mar 09, 2019 10:52 pm, edited 1 time in total.
aeden
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Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Last edited by aeden on Sat Mar 09, 2019 10:51 pm, edited 2 times in total.
User avatar
Tom Mazanec
Posts: 4200
Joined: Sun Sep 21, 2008 12:13 pm

Re: Financial topics

Post by Tom Mazanec »

Jobs report weakest in months:
https://www.nytimes.com/2019/03/08/busi ... eport.html
China stock rout shows bubble fear:
https://www.bloomberg.com/news/articles ... emium-asia
Already worst year for stock outflows since 2008:
https://www.zerohedge.com/news/2019-03- ... flows-2008
Bad jobs report:
https://moneymaven.io/mishtalk/economic ... -xayAooww/
EU not ready for next recession:
https://news.goldcore.com/ie/gold-blog/ ... recession/
UK life expectancy down six months:
https://www.theguardian.com/society/201 ... ive-months
US households see biggest decline in net worth since Crisis:
https://www.cnbc.com/2019/03/07/us-hous ... risis.html
China exports plunge:
https://www.reuters.com/article/us-chin ... SKCN1QP0CA
Oil drops as outlook worsens:
https://www.reuters.com/article/us-glob ... SKCN1QP03Z
“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

― G. Michael Hopf, Those Who Remain
aeden
Posts: 13973
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Last edited by aeden on Sat Mar 09, 2019 10:50 pm, edited 1 time in total.
aeden
Posts: 13973
Joined: Sat Jul 31, 2010 12:34 pm

Re: Financial topics

Post by aeden »

Norway to dump their sovereign cash into green companies or socialist projects as some contend to watch how one trillion get burned into vapor.
Or the Solyndra Enron Energy AT implosion Fund.
Since pulling investment from exploration & production it could guarantee that oil prices will return to all time highs in a few years as we watched last time. Like we seen real time they could not afford the damn electrical cost and froze their ever living ass off since they had to buy food. This was the cost push facts at the time we discussed the less is more period on food inflation for them.
The Horse meat lasagna period we noted. Total international rig count (offshore and land) in the month of February was 1,027 which increased by 3 from the January count. Moreover, the figure is higher than 979 recorded in February 2018.
If they can make money not looting what’s already annialated called another carbon taxed them to death upfront good luck.
An analysis of the euro's 20-year existence, many EU states came to the conclusion that although the European economy had grown incredibly over this period, the growth of the purchasing power of the population was much lower than prior to the introduction of the Euro.
EU has started to neglect the gap between other Eurozone economies and those that have recently joined, not paying much attention to the stipulations of the financial criteria, which were initially intended to ensure the economic stability of the zone. These issues have become even more acute in light of EU plans to add more countries to the zone, such as the Balkan states.
The Euro has retained its status as the second largest reserve currency in the world.
What did they learn from Canada on energy costs? Place your Energy in does not equal energy out as they damned near froze and starved to death in real time.
As before if it’s important they will just xxx as before as needed. First use fiat economy under a blue skirt.
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