Market Wrap – US Market Rebound, GM Announcement, and Fed Speakers This Week
Chris Temple wraps up today in the markets with comments first focused around the rebound in US markets. The markets were due for a technical bounce so it could be very short lived. Next we discuss the Fed speakers on tap for this week and if we will hear any change in narrative specifically from Powell. The last couple topics are the GM cutting of jobs and Jeff Currie from Goldman looking bullishly at oil.
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Major Psy-Op In Europe Exposed: UK Government Tramples On Values It Vowed To Protect
Bob and the guru report……….
https://www.zerohedge.com/news/2018-11-26/crypto-finished
sorry….above is wrong…sorry Bob..
http://www.321gold.com/editorials/moriarty/moriarty112718.html
If you can’t predict the value of the dollar in the future with accuracy, you cannot predict the price of gold either.
Maybe they should have read what I think about “Experts” and “Gurus” in Nobody Knows Anything.
You should buy gold when it is cheap and unloved. You should then sell it when it is expensive and everyone loves it.
Per Bob…………………………
As the age of QE experimentation and distortion ends, a new age of financial reality is emerging. Its back to the old choices: markets that reflect growth, are least distorted by the unintended consequences of QE and are thus least likely to suffer from its unwind, acknowledge the reality of normalising interest rates, the risks of the new normal slow growth economy, factor in politics and populism, and don’t neglect that volatility equals opportunity! Simples eh?(quotes the writer)
Not Trump’s fault…….fed was out of wack with zero rates……..
https://www.zerohedge.com/news/2018-11-27/us-home-price-growth-slowest-trump-elected
This could be alarming……..
https://www.zerohedge.com/news/2018-11-27/worldwide-debt-default-real-possibility
In the last year, the world’s largest economies are generating debt 10X faster than economic growth. Adding debt at that pace, if it continues, will boost the debt-to-GDP ratio at an alarming rate.
Bit Con……..not looking to good………
$3749……where are all the gurus……..
Always glad to know Nancy P…..is making out like a bandit…..
https://www.zerohedge.com/news/2018-11-26/why-was-nancy-pelosi-buying-fking-dip-amzn-aapl-fb-shares
Gold is at the bottom………..I can tell by the number of hits on the site….. and no one is home……… 🙂
GDM is heading for a 1.4 point 11/15 gap…
http://schrts.co/2p5jYj
oops……….going lower….mine shaft elevator to the bottom please…..
Throw is ass in jail… 🙂
https://www.zerohedge.com/news/2018-11-27/commerce-committee-investigating-twitter-ceo-lying-under-oath
Congress is a joke, and a bunch of liars…….so what is new about getting the same treatment from the corporations which they allow to exist and collect data……kmita…..
is to his……..or she….I just want to be PC…
Real estate time table………next year……pick up some depressed over leverage house at the tax auction…….there will be plenty…..Boomer time to liquidate the hog…….jmo
https://www.zerohedge.com/news/2018-11-27/ben-jones-housing-bubble-popping-right-now
This could well apply to certain areas in Aus.
dang silver is like a baby needing a diaper change……..saggy pants in need of a change.
$14.10 ……may as well be 410 charlie and out………
Geez Jerry, you got some things to get off your chest!
Heck, Oz……..I was just getting warmed up…….. 🙂
Here is a good bedtime story……..
https://www.youtube.com/watch?v=_aevtHHULag
https://www.youtube.com/watch?v=_aevtHHULag……….Good Bedtime story…..
Haha fair enough then!
Market Masters of the 7%. Bitcoin Manipulation Explanation.
https://www.youtube.com/watch?v=ifCm6B_lKqQ