Silver as an investment

Category Archives: business

Mulvaney: “Deal To Avoid Government Shutdown Could Come Today” But Won’t Due To Border Wall

With president Trump optimistic, but already laying plans for a possible government shutdown – which incidentally would take place on the symbolic 100th day of Trump’s administration, incentivizing Democrats to be especially confrontational – White House budget director Mick Mulvaney tried to talk down concerns of an imminent government closure, and said talks between Republicans […]

Trump Warns Democrats “Obamacare Will Die Soon Without ‘Big Money'”

Amid tensions over debt ceiling discussions and government shutdown concerns, Republicans continue to face the fact that passing an Obamacare 'alternative' remains highly unlikely. Source: Townhall.com But it appears the GOP has a cunning plan to cross that chasm. President Trump said early Sunday that ObamaCare will die "far sooner than anyone" thought if it […]

“The Retail Bubble Has Now Burst”: A Record 8,640 Stores Are Closing In 2017

        “Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.”         – Richard Hayne, Urban Outfitters CEO, March 2017 The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar […]

China’s Credit Excess Is Unlike Anything The World Has Ever Seen

By Andrew Brown, a partner for macro and strategy at ShoreVest Capital Partners From a global macroeconomic perspective, we encourage readers to consider that the world is experiencing an extended, rolling process of deflating its credit excesses. It is now simply China’s turn. For context, Japan started deflating their credit bubble in the early 1990s, […]

An Absurd Unintended Consequence Of Abnormally Low Rates

By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we […]

Is China Trying To (Slowly) Burst Another Stock Market Bubble?

The pressure point in Asian stock markets this week has been the decline in Chinese equities (the biggest weekly drop in 4 months). Despite a stellar performance of the economy the outlook for the Shanghai Composite Index isn’t promising as the government is taking advantage of better growth to spur deleveraging. For a market relying […]

Trump Administration Begins Quiet Preparations For Government Shutdown

Even as Donald Trump is desperate to show to the US population, and especially his voter base, some actual achievement before his first 100 days run out next weekend, prompting him to tell AP that he will unveil a “tremendous” tax ut plan next week (recall he did the same in February), the Trump administration […]

Stocks Jump As Trump Promises Plan For “Biggest Tax Cut Ever” Next Week (Again)

It's deja vu all over again… *TRUMP SAYS HE WILL UNVEIL TAX PLAN NEXT WK: AP *TRUMP SAYS PLAN TO INCLUDE `MASSIVE' CUT FOR COS., INDIVIDUALS And the machines fell for it…   As AP reports, President Donald Trump says businesses and individuals will receive a "massive tax cut" under a tax reform package he […]

David Stockman On The Anything President And The Everything Bubble

Authored by David Stockman via The Daily Reckoning, The lemmings are running hard towards the cliffs today. Despite a renewed burst of bombs and drones careening into the already rubble-strewn wastelands of Afghanistan, Yemen, Syria and Iraq. Or the outbreak of cold war style nuclear brinksmanship on the Korean peninsula — what one commentator properly […]

Shorts Smoked – Stocks End ‘High’ As Dollar Dumps’n’Pumps

Despite tumbling soft data and disappointing earnings data… Stocks soared most in 6 weeks…     Another day, another one-way trip in stocks. VIX clubbed to a 13 handle again stocks soar… Trannies and Small Caps once again led the day (short squeeze) and S&P lagged but everything was awesomely green again…   Another big […]