The contours of the investment climate are unlikely to change based on next week’s economic data from the US, Japan, or Europe. The state of the major economies continues to be well understood by investors. Growth in the US, EU, and Japan remains solid, and if anything above trend, as the year winds down. The incremental data will likely show that the eurozone economic momentum is intact with the November flash PMI....
Read More »Emerging Market Preview: Week Ahead
Stock Markets EM FX ended the week firm, and capped off a good week overall. Best performers last week for ZAR and KRW, while the worst were TRY and IDR. Until we get higher US rates, the dollar may remain under modest pressure. This would help EM maintain some traction, though we remain cautious. Stock Markets Emerging Markets, November 15 Source: econnomist.com - Click to enlarge Chile Chile will hold...
Read More »The Entire Economic System Is One Big Illusion: Charles Hugh Smith
Today's Guest: Charles Hugh Smith Website: Of Two Minds Books: Why Our Status Quo Failed And Is Beyond Reform . Thanks for ing. The Entire Economic System Is One Big Illusion - Charles Hugh Smith ---------------------------------- ▻ Help Financial Futures reach 1000 subscribers: . The Entire Economic System Is One Big Illusion Charles Hugh Smith. MUST SEE!! The Entire Economic System Is One Big Illusion - Charles Hugh Smith ----------------------------------------------------------...
Read More »Jeffrey Snider: Eurodollar University Part 4
Erik Townsend welcomes back Jeffrey Snider to MacroVoices for Part 4 of the Eurodollar University. Erik and Jeffrey discuss the failure of Primus and AIG back . Erik Townsend welcomes back Jeffrey Snider to MacroVoices. Erik and Jeffrey discuss: -- Failure of Primus in 2009 -- Reflecting on the failure of AIG . Erik Townsend welcomes Steve Keen to MacroVoices. Erik and Steve discuss: -- Insights into the French elections -- The next move in the US Dollar -- Is the .
Read More »CHARLES HUGH SMITH – Shows Where To Invest When Almost Everything Is A Bubble!
Please click above to subscribe to my channel Thanks for ing! Financial News Silver News Gold Bix Weir RoadToRoota Road To Roota Kyle Bass Realist . I coined the term 'Creditism' to describe an economic system driven by credit creation and consumption, in contrast to Capitalism, which was driven by . Today's Guest: Andrew Hoffman Website: milesfranklin.com Most of artwork that are included with these videos have been created by X22 Report and they are . In this report I cover some of the...
Read More »Great Graphic: Euro Approaching Key Test
Summary: Euro is testing trendline and retracement objective and 100-day moving average. Technical indicators on daily bar charts warn of upside risk. Two-year rate differentials make it expensive to be long euros vs. US. Beware of small samples that may exaggerate seasonality. This Great Graphic, created on Bloomberg, shows that the euro is approaching key area. The white trendline drawn off the September 8,...
Read More »Swiss still richest, according to Credit Suisse
© Wrangel | Dreamstime - Click to enlarge The Credit Suisse 2017 Global Wealth Report, shows total global wealth rose 6.4% to USD 280 trillion in 2016, taking it to the its highest level since 2007, before the financial meltdown in 2008. Globally, average wealth per adult was USD 56,540. In Switzerland, the same figure was USD 537,600 (CHF 533,000), close to ten times the global average, placing Switzerland in the...
Read More »Swiss Government stays mum on EU Negotiations Strategy
The Swiss are getting ready to negotiate with the EU when European Commission President Jean-Claude Juncker visits next week (Keystone) The seven-member Federal Council has refused to reveal its position on future negotiations with the European Union over CHF1 billion (little over $1 billion) in voluntary ‘cohesion’ payments destined for central and eastern European countries. On Wednesday, the government discussed its...
Read More »Can’t Hide From The CPI
On the vital matter of missing symmetry, consumer price indices across the world keep suggesting there remains none. Recoveries were called “V” shaped for a reason. Any economy knocked down would be as intense in getting back up, normal cyclical forces creating momentum for that to (only) happen. In the context of the past three years, symmetry is still nowhere to be found. It’s confounding even central bankers who up...
Read More »Retail Sales (US) Are Exhibit #1
In January 2016, everything came to a head. The oil price crash (2nd time), currency chaos, global turmoil, and even a second stock market liquidation were all being absorbed by the global economy. The disruptions were far worse overseas, thus the global part of global turmoil, but the US economy, too, was showing clear signs of distress. A manufacturing recession had emerged which would only ever be the case on weak...
Read More »