Erik Townsend and Patrick Ceresna welcome Russell Napier to MacroVoices. They discuss why we should expect a credit crisis, what will come out of MMT and helicopter money and how to prepare for runaway inflation and more.Topics:Why we should expect a credit crisisWhat countries will be affected by the systemic banking crisis and what are its potential risksWhat to expect for international capital...Read More
"Obviously, the Saints should not be in the business of assisting the Archdiocese, and the Saints' public relations team is not in the business of managing the public relations of criminals engaged in pedophilia,"Continue...Read More
"My daughter is getting out of school. I've saved all my money. She doesn't have any student loans. Am I going to get my money back?"Continue...Read More
For continued updates and comments go to: https://www.peakprosperity.com/corona...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.com. As one of the early econobloggers who forecasted the housing market collapse an...Read More
While investors are focused on the coronavirus outbreak in China, Gregory says you should instead be focused on the price of crude oil."If they do not manage to turn crude around, this stock market is vulnerable to a BIG drop." Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader...Read More
You as an investor trying to mind your own business or build wealth or expand your portfolio may get caught in the crossfire of a financial war. So you have to take that into account in your portfolio allocations and risk management.Continue...Read More
Export prices of Brazil-origin slab remained unchanged in the week to Friday January 24, as deals were limited because most producers were sold out of March-shipment volumes.Fastmarkets' weekly price assessment for steel slab export, fob main port Brazil, stood at $430-450 per tonne on January 24, unchanged week on week.Brazilian steelmakers had already booked...Read More
The yield on the 10-year note has just seen its biggest one week move since November, falling from 1.83% to 1.68% in the past week. The falling yield may be a warning signal for the economy and markets.Continue...Read More
Reed's model predicts the number of infected people in Wuhan to be greater than 250 thousand (with an prediction interval, 164,602 to 351,396).Continue...Read More
One of the virologists who discovered SARS - which also originated from a coronavirus in China - paints a far more grim tale of the latest outbreak compared to what took place in 2003, according to Yahoo News. Continue...Read More
Indian domestic secondary billet prices have risen by 400 rupees ($6) per tonne in the week ended Friday January 24, on price rises announced by all the country's major iron ore miners.The price of steel billet, domestic, ex-works India, assessed by Fastmarkets on January 24, rose by 400 rupees per tonne to 30,100-30,300 rupees ($422-425) per tonne, compared with last week's assessment at 29,700-2...Read More
Bob's website: tradegeniusacademy.comRead More
Such high delinquency rates as early as November indicate more trouble ahead.Continue...Read More
The Critical Investor profiles one of the few companies in the region whose Environmental Impact Assessment has been approved. 1. IntroductionSometimes I come across a familiar name that seems to be around forever, not achieving remarkable highs or lows, just following its course quietly like a small river or creek. In those cases I often look in vain for upcoming catalysts, as such companies usu...Read More
Company has noted that drilling has confirmed the presence of structures and stratigraphy similar to neighboring Turquoise Ridge and Twin Creeks gold mines. Seabridge Gold Inc. (SEA:TSX; SA:NYSE.MKT) announced in a news release it confirmed, through its maiden drill program at Snowstorm in Nevada in 2019, that the structures and stratigraphy there are similar to those at the two nearby gold mines...Read More
The price of stainless steel flat products in the European domestic market was unchanged this week ahead of an expected, but moderate, rise in monthly surcharges for February, sources told Fastmarkets on Friday January 24. Finland's Outokumpu announced that it will raise the alloy surcharge for grade-304 stainless steel flat products for February by ?,?11 per tonne month on month to ?,?1,448...Read More
Key data from the pricing sessions in Europe, the United States and Asia for the week ending Friday January 24. Europe The high-carbon ferro-chrome market rose strongly with some producers reporting increased demand from some end consumers. Production cuts have led to a shortage of lower-priced material to parts of the market, while an increase in offer prices for Indian material has c...Read More
All three benchmarks turned in their worst week in monthsThe Dow limped into the weekend nursing a triple-digit point loss -- its fourth straight drop -- as coronavirus panic gripped Wall Street. The blue-chip index fell over 300 points at its session lows after a second coronavirus case was confirmed in the U.S, but pared a portion of these losses by the close. The S&P 500 and Nasdaq both settle...Read More
The Nasdaq is about to snap a six-week win streakStocks, as of this writing, are pacing to close the holiday-shortened week in the red, which would snap a six-week win streak for the Nasdaq Composite (IXIC). The Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) are themselves set to snap back-to-back weekly win streaks, as traders this week focused on a flurry of earnings releases, more B...Read More
Coronavirus outbreak fears are driving Chinese stocks lowerChinese stocks have taken a hit this week, as coronavirus fears ramp up. Shanghai-based travel firm Trip.com Group Ltd (NASDAQ:TCOM) is one name that's taken a big hit, with the stock down 6.9% today at $31.89, pacing for its fourth straight drop -- its longest losing streak since an eight-day stretch back in November.Against this backdrop...Read More