November 15, 2024 | Tech Talk for Saturday November 16th 2024

The Bottom Line U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 since early September, as creeping doubts about a December interest-rate cut by the Federal Reserve helped interrupt a postelection rally. Earnings focuses this week are on Wal-Mart reporting on Tuesday and Nvidia reporting on Wednesday.

November 15, 2024 | Why the Fed Doesn’t Have Your Back

China’s Real Estate sector continues to bleed red ink

November 14, 2024 | Neocons in Overdrive to Aid Ukraine Before January

  The neocons are working overtime to release countless aid to Ukraine before Donald Trump takes over in January. Bloomberg has reported that the Biden Administration The Biden administration is committed to ensuring “every dollar we have at our disposal,” in a message championed by US Secretary of State Antony Blinken. Blinken rushed to Brussels […]

November 14, 2024 | Trump Landslide, Pedos Fleeing, Jab Justice

Gold, Bitcoin, USD

November 14, 2024 | Even With Trump, Stock Markets Will Make Corrections

Disney no longer a Micky Mouse operation. Receive 50% Off VR Trader Newsletters! Enter Promo Code 2022HALFOFF.

November 14, 2024 | How Risky are the Stock Markets Right Now?

Will Government spending cuts dull the US economy?

November 14, 2024 | What’s in Store for Gold Under Trump?

When did real journalism start to deteriorate?

November 13, 2024 | Breakup of USA & Canada – A Practical Solution

  The LEFT should exist in the USA and follow Trudeau. Perhaps he can then win the next election in the land of the left while BC, with Alberta, can join the USA.

November 13, 2024 | Higher Rates Tend to be Self-Correcting

With a price of more than 5x book value (lower right), U.S. stocks are the most overvalued since the tech-mania top in March 2020. At 3x price-to-sales (lower left), the recent euphoria has returned to the fall 2021 level and significantly overshot the 2000 top. As the S&P 500 has rebounded sharply over the past […]

November 12, 2024 | Hoisington Q3 2024 Quarterly Review and Outlook

Hoisington Management’s Quarterly Review and Outlook is now available here and always worth a mull. Central banks have been cutting overnight rates, but the money supply has continued to contract, with the latest reading lower than during the 2008 financial crisis. After years of zero-rate interest policies ballooned debt levels, the 2022-2023 monetary tightening cycle was the […]

November 12, 2024 | What Makes the Dollar the World’s Reserve Currency?

Throughout history there has always been a dominant currency. As each empire became the new financial capital of the world, their currency became the most prized and tended to circulate around the globe into even the fringe economies that they may have never heard of at that moment in time. The dollar is basking in […]

November 12, 2024 | Justice Files, Part 1: Firings, Civil Suits, and Jury Awards

Our recent drift into authoritarianism hurt a lot of innocent people. And even before last week’s election, the process of “truth and reconciliation” was gaining momentum. This is the first in a series that tracks some of the more notable cases of justice restored. 6 BART employees who refused COVID-19 vaccine to receive more than […]

November 11, 2024 | Why Bitcoin Will NOT Replace the Dollar

People continue to ask if Bitcoin will replace the dollar. They believe that the recent surge in Bitcoin indicates that it will topple the USD as the world’s reserve currency, but that is merely propaganda. You must understand that Bitcoin is simply a trading vehicle, not a currency. I cannot stress that point enough. My opinion […]

November 11, 2024 | Danielle on Thoughtful Money

November 10, 2024 | EU Nations in NATO Prepare for Trump Presidency

European Union nations are concerned about Trump’s victory, as Trump has historically opposed the NATO alliance siphoning funding from the US. Before Trump, only a handful of nations were paying their 2% of GDP obligation. World leaders are now calling for a European army, but a plan is already in place for a unified army […]

November 10, 2024 | Dogs Catching Cars

I went to bed “early” on election night, around 10:30 pm. We are in the five months of the year where Puerto Rico is one hour ahead of Eastern time, and nothing I was seeing made me think it would be an early night. And by that I meant 3 or 4 am. I woke […]

November 10, 2024 | What If It Really Is Morning in America?

I’ve been confidently anticipating the Mother of All Tops since, like, around 1975, but this week I decided to go wholeheartedly with the flow. The result, technically speaking, is a robustly optimistic S&P target at 7644.50. This might not be what permabears want to hear, but it will leave bulls sufficient room to deal with […]

November 10, 2024 | Does There Still Have To Be A Currency Crisis?

A decade ago, the world seemed like a complex place. But in retrospect, it was pretty simple: The fiat currency experiment had produced a hyper-leveraged financial system that would soon fail spectacularly. Existing currencies would be replaced via a monetary reset, probably involving some kind of gold standard. This would be a messy but survivable […]

November 9, 2024 | Trading Desk Notes for November 9, 2024

US stock indices soared on Trump’s victory—the DJIA, S&P, and NAZ rallied to new record highs this week. The S&P and the DJIA hit record highs in mid-October but then trended lower into month-end, perhaps de-risking ahead of the election. On election day (ellipse), the indices were bid aggressively from the opening bell, soared in the […]

November 9, 2024 | This Week in Money

• Ross Clark:  Stock Markets, US Election, Gold, Oil, USD and Canadian Dollar.
• Victor Adair: (13:45) Election of President Trump and the Stock Markets, USD, Canadian Dollar.
• Robert Campbell: (37:44) US and California Real Estate, Fed Rate Cuts.

November 9, 2024 | Tech Talk for Saturday November 9th 2024

The Bottom Line  All-time highs were recorded by broadly based U.S. equity indices following the election of Donald Trump as President. On Friday, the S&P 500 Index exceeded the 6,000 level and the Dow Jones Industrial Average exceeded 44,000. U.S. equity index futures are tracking their historic seasonal pattern following a U.S. Presidential election once […]

November 8, 2024 | Superhot Rock Energy Provides Unlimited Power

One of the hottest new technologies for production of heat and electricity is found deep underground. With ground-source heat pumps there is a year-round reservoir of constant temperature air just a few meters below the surface. This air is the same as the average temperature above ground. Heat pumps are useful for cooling in the […]

November 8, 2024 | Great Expectations are Priced for Disappointment

The fourth year of a presidential cycle is all about promising. The first year of a presidential cycle is about trying to deliver on all the promises. At the start of President Trump’s last term in 2017, the U.S. government deficit to GDP was 3% versus 6% today. The federal debt as a percentage of […]

November 8, 2024 | Still Room for Junior Miners to Enjoy Gold Boom

Why isn’t the Bank of Canada buying Gold?