Economics

JPMorgan Lists Four “Red Flags” Why It Is Starting To Sell Stocks

Monday, August 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 14, 2017 While most banks have in recent weeks expressed concerns about the recent, near record high levels in the S&P – which is now 67 points above Goldman’s year end price target of 2,400 – few have been willing to go out on a limb and announce they... »

Gerald Celente on Markets: “When Interest Rates Go Up, This Thing Goes Down”

Monday, August 14, 2017
By Paul Martin

By: Mike Gleason GoldSeek.com Monday, 14 August 2017 Mike Gleason: It is my privilege now to welcome in Gerald Celente, publisher of the renowned Trends Journal. Mr Celente is a well-known trends forecaster and highly sought-after guest on news programs throughout the world and has been forecasting some of the biggest and most important... »

Worst Restaurant Recession since 2009 Digs Inflation

Monday, August 14, 2017
By Paul Martin

by Wolf Richter WolfStreet.com Aug 14, 2017 Households at lower 80% of income scale are maxed out. “July proved to be a tough month for chain restaurants,” the report said. Foot traffic at chain restaurants fell 4.7% in July year-over-year. Same-store sales fell 2.8%, the 17th month in a row of year-over-year declines, the... »

One Trader’s Reality Check “If You Think Last Week Was A Disaster, You May Be In The Wrong Line Of Work”

Monday, August 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 14, 2017 While the moves in equity (VIX) and credit (CDX, ITRX) protection costs last week shocked many out of their recent coma of complacency, former fund manager Richard Breslow warns it was the lack of reaction across markets broadly that investors should be more worried about. Via Bloomberg,... »

Eurozone NEW RISK: Exports TUMBLE as strong Euro drives up prices in fresh hell for ECB

Monday, August 14, 2017
By Paul Martin

THE eurozone’s economy is under threat, as exports and inflation sink amid a stronger euro, piling fresh pressure on monetary policymakers in the bloc. By LANA CLEMENTS Express.co.uk Mon, Aug 14, 2017 The bloc’s powerhouse Germany saw overseas demand for its goods sink in June. And it is feared exports could take a bigger... »

US Stock Buybacks In Biggest Slide Since The Financial Crisis

Monday, August 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 14, 2017 In light of today’s euphoric market reaction, which has seen the VIX plunge by over 3 vols, or 20% lower, to just over 12 and sent both the Nasdaq and S&P higher by 1% on relief that there were no mushroom clouds of the weekend, the jury... »

Gold Set To Rise While Debt-Based Assets Collapse

Monday, August 14, 2017
By Paul Martin

By: Hubert Moolman GoldSeek.com Monday, 14 August 2017 In a previous article, I have shown how economic conditions, today, appear very similar to that of the early 80s (circa 1983). These similar conditions show up on the long-term gold and Dow charts, as shown in that article. Now, if those similarities continue, then the... »

China Bans Coal, Lead, Iron Imports From North Korea

Monday, August 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 14, 2017 China’s Ministry of Commerce said that Beijing will halt imports of coal, iron, iron ore and seafood from North Korea starting on Tuesday, cutting an important economic lifeline for the Pyongyang regime, as it implemented a package of sanctions passed by the United Nations Security Council on... »

China Slams Trump’s “Trade War” Announcement, Says It Is A Distraction From “Domestic Turmoil” In The U.S.

Monday, August 14, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 14, 2017 Today at 3pm, President Trump will sign a memo addressing “China’s laws, policies, practices, and actions related to intellectual property, innovation, and technology” effectively launching the first shot in what many predict will blossom into an all-out trade war with China. As discussed over the weekend, administration... »

US Launches Quiet Crackdown On Cryptocurrencies

Sunday, August 13, 2017
By Paul Martin

by Tyler Durden ZeroHedge.com Aug 13, 2017 While all eyes were distracted with the Trump-demeaning headlines of the foreign sanctions bill, few spotted the hidden mandate that foreign governments monitor cryptocurrency circulations as a measure to combat “illicit finance trends” in an effort to “combat terrorism.” As Coinivore reports, the bill requires the governments... »