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Post by SA Hunter on Feb 1, 2018 18:58:53 GMT 10
I’ve been banging on for months along with Martin Armstrong that the real problem overhanging these markets is not an over-priced U.S. equity market. That’s a sympton of a much bigger problem. The real problem is an over-valued European sovereign bond market. Looking at today’s bond market we see technical breakouts on yields to the upside across the continent. And we’re not talking the usual suspects here, like Italy, Portugal or Greece. No, we’re talking about Germany. www.zerohedge.com/news/2018-01-30/forget-stocks-look-eu-bonds-they-are-real-problemJust another point of view as I am not sure of the validity of this site. |
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spatial
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Post by spatial on Feb 1, 2018 20:09:59 GMT 10
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Beno
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Post by Beno on Feb 1, 2018 20:34:37 GMT 10
i heard Norway was dipping into their sovereign fund to fill their budget deficit. i remember how our future fund was squandered away. i hope Norway has the sense not to keep sneaking into the till to pay for budget deficits.
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spatial
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Post by spatial on Feb 3, 2018 8:45:05 GMT 10
US stocks down 2.5% last night - considering how much they have gone up not so significant. The party might be over, the system is so fragile and interconnected - one little pin prick is all take to crash the entire system. Last crash was housing in the US 2008, the 2000 crash was mass bubble in tech sector. Not all sectors are in bubble territory. There will be no recovery when it goes. In 2008 the world was about an hour away from all banking systems crashing - world economy saved by money printing and zero interest rates, EU and Japan neg interest rates.. There are lots of indicators of imminent crash. the chart below is one of many I found interesting reading this morning. The 2000 tech stock bubble has been exceeded and stocks are in end cycle (which is what happen just before a major crash). www.zerohedge.com/news/2018-02-02/markets-turmoil-stocks-bonds-bitcoin-crash To Jeff Gundlach, This Is The "Chart Of Death"www.zerohedge.com/news/2018-02-02/jeff-gundlach-chart-deathOk this article has more to do with the upcoming Chinese new year - but there markets have had a big route this week, and mass insolvencies are on the way. Chinese Liquidity Crunch Begins As Stocks Sink: Bankers Begging Friends For Deposits On WeChatwww.zerohedge.com/news/2018-02-01/chinese-liquidity-crunch-begins-stocks-sink-bankers-begging-friends-deposits-wechat |
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spatial
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Post by spatial on Feb 3, 2018 8:48:35 GMT 10
i heard Norway was dipping into their sovereign fund to fill their budget deficit. i remember how our future fund was squandered away. i hope Norway has the sense not to keep sneaking into the till to pay for budget deficits. I don't think there is a country left in the world that is not in debt. Social spending esp in the western countries and military spending has broken he piggy bank and soon interest payments will be more than income. Australia has no gone the same way from being in the black in 2009 and spending more than the gov earns. Private debt and credit card debt in Australia is one of the highest in the world - it can only end badly. |
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Post by Joey on Feb 4, 2018 5:11:21 GMT 10
Not to mention Australia has shot itself in the foot as far as local manufacturing goes by way of corporate greed for maximum profit, over zealous unions pushing for higher pay rates and government red tape and taxes partly from them signing up to the Lima Declaration years ago(to basically force manufacturing to be moved to a 3rd world country for "wealth redistribution" just another way the UN trying to destroy our lives)
So pretty much we are only left with exporting raw materials..mining, gas and livestock.
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spatial
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Post by spatial on Feb 5, 2018 18:59:18 GMT 10
Things getting ugly ASX, Japanese and most European stock now in red for year to date, despite meteoric rise in Jan. Will be watching the US 10y bond yield, and USD movement. If the USD continues to weaken and bond yields rise - it might be getting time to withdraw all cash out of bank accounts. Not yet but worth keeping an eye on how things progress. Sites that I look at are. tradingeconomics.com/money.cnn.com/data/world_markets/americas/?iid=H_MKT_QL |
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Post by SA Hunter on Feb 5, 2018 21:04:58 GMT 10
might be time to fill up a few more jerry cans & gas bottles.
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Post by jonasparker on Feb 7, 2018 2:32:14 GMT 10
might be time to fill up a few more jerry cans & gas bottles. might be time to buy more gold and silver. There! I fixed it for you! JP  |
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Post by Peter on Feb 8, 2018 21:58:23 GMT 10
Hey SA Hunter - I think jonasparker wants himself one of them shiny little "edit" buttons like we have LOL |
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Post by jonasparker on Feb 9, 2018 0:46:35 GMT 10
Naw. I'm retired. I'll leave the "edit buttons" to the folks who still work for a living!
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