EARNINGS ESTIMATES - THE FADE BEGINS -- SOURCE: 06-21-18 RealInvestmentAdvice.com, Lance Roberts - "Earnings Estimates - The Fade Begins (And 'X' Marks The Accounting Magic Spot)" -- With roughly 98% of the S&P 500 having reported earnings, as of mid-June, we can take a closer look at the results through the 1st quarter of the year. During […]

EXPECT CHINA TO CHANGE THE LEVERAGE STAKES IN THE ESCALATING TRADE WAR -- SOURCE: 06-19-18 ZeroHedge - "As Trade War Escalates, Is China Running Out Of "Tit" For Trump's "Tat"?" -- In the space of a few hours last night, the US-China trade wars escalated from a modest $50 billion grenade to a $200 billion […]

CHINA ROUTEHAS 1,023 STOCKS PLUNGING 10% IN ONE DAY -- SOURCE: 06-19-18 Bloomberg - "China Rout Has 1,023 Stocks Plunging 10% in One Day" -- Concern over escalating trade actions spurs panic selling Shanghai Composite Index falls below key 3,000 level In a stock market where investors are used to being disappointed, Tuesday’s plunge still […]

WHY WOULD SOMEONE SELL $321B OF SHARES IN MINUTES?? VanEck’s flagship $4.5bn local-currency emerging markets bond ETF suffered a sudden sale of nearly 19m shares worth $321m in one giant block trade - Why would someone sell in such as fashion??   -- SOURCE: 06-20-18 ZeroHedge - "Someone Just Dumped A Record $320 Million Of […]

CITI'S SURPRISE GLOBAL INDEX FLAGS WORLD ECONOMIC DETERIORATION BUT SOUNDS THE ALARM ON EUROZONE

BIS TELLS CENTRAL BANKS TO CARRY ON WITH 'NORMALIZATION' Full Report - pdf Executive Summaries -- SOURCE: 03-11-18 Reuters - "Keep calm and carry on with policy normalization, BIS tells central banks" -- LONDON (Reuters) - The recent volatility in global financial markets should not deter top central banks from lifting interest rates or ending […]

DEUTSCHE BANK RAISES WORRIES ABOUT EU BANKING - AGAIN! -- SOURCE: 06-20-18 The Mises Institute, Thorstein Polleit - "Deutsche Bank's Troubles Raise Worries About The Future Of The Euro Zone"-- The euro banking sector is huge: In April 2018, its total balance sheet amounted to 30.9 trillion euro, accounting for 268 per cent of gross […]

BERNANKE WARNS THAT US ECONOMY FACES WILE E. COYOTE MOMENT IN 2020 -- SOURCE: 06-07-18 Bloomberg -  "Bernanke Says US Economy Faces Wile E. Coyote Moment in 2020" -- U.S. economic growth could face a challenging slowdown as the Trump Administration’s powerful fiscal stimulus fades after two years, according to former Federal Reserve Chairman Ben […]

IMF APRIL 2018 FISCAL MONITOR IMF Fiscal Monitor: Capitalizing on Good Times, April 2018 PDF DOWNLOAD The April 2018 edition of Fiscal Monitor is focused on two broad themes: the burden of high global debt and the opportunities and challenges of digital government. Chapter 1 Explores how strong and broad-based growth provides an opportunity to […]

DE-DOLLARIZATION ESCALATES: RUSSIA SELLS OFF RECORD AMOUNT OF US TREASURY BONDS -- SOURCE: 06-19-18 The Strategic Culture Foundation, Arkady Savitsky - "De-Dollarization Escalates: Russia Sells Off Record Amount Of US Treasury Bonds" -- The US Treasury Department report for April published on June 15 revealed that Russia sold $47.4 billion out of the $96.1 it had held […]

EMERGING MARKET CONTAGION BROADENS AS OUTFLOWS MOST IN 4 YEARS -- SOURCE: 06-19-18 ZeroHedge - "Emerging Market Contagion Goes Global As Fund Outflows Spike Most In Over 4 Years" -- Despite promises from various foreign officials that just a little more intervention and just a few more billion in bailouts from Lagarde will 'fix' the […]

GLOBAL FINANCIAL SYSTEM FACING MORE THAN A PERFECT STORM - IT MAY PROVE TO BE OF BIBLICAL PROPORTIONS! The following major shifts each have the potential to push government bond yields and mortgage rates higher. In combination, they create a toxic combination that could bring about the greatest surge in interest rates in decades. 1. […]

THE ONE CHART TO PAY ATTENTION TO The only major central bank not reducing its rate of "Easy Money" was Japan. Even that appears to be altering: Bank Of Japan Leaves Policy Unchanged, Downgrades Inflation, Continues 'Stealth' Taper

THE MARKET FIRMLY BELIEVES THE FED "HAS THEIR BACK" LONGER TERM Every time the market crashed, central banks have stepped in as the Bank of America recently illustrated: Deutsche Bank believes that point (the Fed "PUT") is between 2300 & 2400 on the S&P 500  

JUNE 2018 S&P 500 TARGETS TARGETS S&P500 THERE IS A POTENTIAL FINAL UPSIDE HIGH OF ~3052-3200 BY YEAR END 2019 IN THE SHORTER TERM A  SUPPORT TEST OF ~2500 (400 DMA) IS POSSIBLE BUT UNLIKELY The Elliott Wave Count suggests that a final wave in second half 2018 could take the S&P 500 above 3000 […]