Silver as an investment

Category Archives: headlines

Democrats Take Government Hostage: Threaten To Shut It Down If GOP Repeals Obamacare

Once again Republicans have managed to box themselves in. Just as the GOP has reportedly found enough votes among conservative Republicans to pass the latest iteration of the proposed Healthcare bill, with Freedom Caucus Mark Meadows saying “republicans will have the votes to pass” Obamacare repeal, Democrats realized that they once again have the leverage […]

Trade War Sparks Stock Surge Amid Biggest Short Squeeze Since Trump’s Election

This…   Stocks continue to soar…but once again it was the overnight gap open –  Trannies were red on the day but Nasdaq record highs above 6,000; Dow over 21,000, Small Caps record high   Nasdaq broke above 6,000 to new record highs.. because fundamentals…   Despite further collapse (to 10-week lows) in 'soft' survey […]

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 […]

Private Equity Sets Its Sites On A New Funding Victim: Mom-And-Pop 401(k)s

After laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s.  Sure, because as our recent headlines confirm, wall street money managers have worked wonders for public/private pension funds: Are Collapsing Pensions “About To Bring Hell […]

Mnuchin Says Trump Is “Absolutely Not” Trying To Talk Down The Dollar

One week after Donald Trump, in an interview with the WSJ, sent the dollar tumbling in its biggest one day drop in months, Treasury Secretary Steven Mnuchin has been engaging in damage control with not one but two appearances in the FT, first stating that in the “long-run” a stronger dollar is beneficial for the […]

Boeing To Lay Off “Hundreds” Of Engineers

President Trump will not be amused. In a letter to employees, Boeing VP John Hamilton announces that the company will lay off “hundreds” of engineers as soon as this week, affecting Washington and “other enterprise locations.” As Bloomberg headlines show: *BOEING TO SEND NOTICES FOR INVOLUNTARY LAYOFFS APRIL 21 *BOEING ENGINEERING LAYOFFS PLANNED FOR JUNE […]

Traders “Swoop” On Stocks, Oil Rises For 8th Day But Bonds Still Don’t Buy It

S&P futures are unchanged and Asian stocks closed mixed, however European stocks rebounded for first time this week, led by auto stocks after Daimler’s quarterly profit, as a break in alarming political news prompted traders to “swoop” – as Reuters puts it – on equities, cooling a safe-haven rally that saw the yen and gold […]

Greece Gives the World Something to Cheer: Turn Up the Decibels! – Michael Carino, Greenwich Endeavors

Let’s get PrOGRessive SPIRIT! (Finally a positive acronym.)  We are either destined for destruction preferring to wallow in negativity or instead can soar with optimism.  The only difference between the two is perspective.  Time to focus on the positives in the world. I choose optimism. Portugal, Greece, Spain, Ireland and Italy had financial difficulties spending […]

South Korean Paper Reports China Has Deployed 150,000 Troops To North Korea Border

While the catalyst is unclear, it appears the market dropped as headlines of further sanctions against Russia appeared and reports of China deploying 150,000 troops to its North Korea border. According to Korean news agency Chosun, the "Chinese army has deployed about 150,000 troops to the North Korean border in two groups to prepare for […]

US Futures Rebound Sharply, Erase All Syrian Airstrike Losses

After initially tumbling in the aftermath of the U.S. missile attack on Syria which jolted financial markets, boosting haven assets and temporarily shifting investor focus from today’s jobs data , S&P futures have managed to recoup all losses (the Nikkei closed up 0.4% after sliding earlier in the session), with Europe also just fractionally lower […]