Weekend Show – Sat 19 Jan, 2019

Hour 1 – A Focus on The US Markets and Major News Events Of The Week

KER Weekend Show Hour 1

This week is a full two hours of markets! The first hour we will focus on the US market rebound and some of the major news event from the week.

If anyone is in Vancouver and attending the Vancouver Resource Investment Conference (VRIC) please be sure to swing by my booth or send me an email (Fleck@kereport.com). I’m more than happy to meet up at the show of in the afternoon to sneak away to watch the football games. If you are unable to make it email me with any companies you would like me to sit down with.

  • Segment 1 – Jesse Felder, Founder of The Felder Report is with me for two segment. In the first segment we focus on the US market rebound and some analogs that could tell us where the market is heading.
  • Segment 2 – Jesse is back and this time with a focus on the gold market and his thoughts on the Newmont Goldcorp deal.
  • Segment 3 – Nicholas Pardini, Founder of The Davos Investment Group outlines what kind of bear market we are for this year.
  • Segment 4 – Marc Chandler, Managing Partner at Bannockburn Global Forex recaps the slew of major news events this week. These include the Brexit vote, UK no confidence vote, China trade comments, and strong US economic data.

Please click here to share your political comments. I would like to keep the market comments separate.


Jesse Felder on the US markets and USD
Jesse Felder on the gold market and Newmont Goldcorp deal
Nicholas Pardini on the bear market outlook
Marc Chandler recaps the major news events of the week

Comments:
  1. On January 19, 2019 at 4:11 am,
    Skeeta says:

    Thanks for the weekend show guys as always.
    Much appreciated.
    Cheers.

    Hi CFS.

    • On January 19, 2019 at 6:16 am,
      Excelsior says:

      Cory & all the KER Contributors – Thanks for putting out another great weekend show.

  2. On January 19, 2019 at 5:31 am,
    Mike says:

    Hi Cory! Thanks again for the podcast! Just wanted to mention that the last couple weeks the podcast feed has been messed up, today is only 14 min.. I think just one segment is being uploaded rather than the hour.

    • On January 19, 2019 at 10:11 am,
      Cory댊 says:

      Hey Mike, thanks for the note. I have heard from a couple people this is happening. It all started after a back end update has to be done for the site. I have talked to our webmaster and tried uploading the files differently but we can’t seem to get it sorted out. We will keep on trying but if you happen to know or hear how to fix this please let me know.
      Have a great weekend!

  3. On January 19, 2019 at 6:20 am,
    Excelsior says:

    Hedge Fund Industry Capital Falls From Record On Investor Outflows

    01/18/2019 – HFR

    “Hedge fund outflows in 4Q were driven by several factors, most notably investor reaction to steep losses in traditional asset investments and the sharp spike in equity market volatility leading to redemptions. However, outflows also included several large fund closures from early 4Q (pre-equity market declines in Oct & Dec), including instances of family office conversions and orderly, manager-initiated returns of investor capital, with all of these representing a stark contrast from the panic-driven redemption from the 2008 Financial Crisis,” stated Kenneth J. Heinz, President of HFR. “Trends in Macro, CTA, and RVA/Credit Multi-Strategies, and stronger relative outperformance of larger funds were all favorable throughout the intense market dislocations of December and 4Q. While the overall investor flows and performance trends were negative, it is likely that discriminating institutional investors which experienced or observed areas of strong performance through the most difficult equity and commodity trading environment in a decade will factor these positive dynamics into portfolio allocations for 2019.”

    https://www.hedgefundresearch.com/news/hedge-fund-industry-capital-falls-from-record-on-investor-outflows

  4. On January 19, 2019 at 6:23 am,
    Excelsior says:

    JPMorgan CEO Jamie Dimon just took home a $31 million pay packet — despite the bank’s share price dropping 9% last year

    Trista Kelley and Callum Burroughs – 01/18/2019

    https://www.businessinsider.com/jpmorgan-ceo-jamie-dimon-just-got-a-31-million-salary-2019-1

    • On January 19, 2019 at 7:22 am,
      David says:

      Jamie Dimon: Crime pays.

      • On January 19, 2019 at 8:21 am,
        Excelsior says:

        Yes. It’s the tragic hypocrisy and reality.

      • On January 19, 2019 at 10:17 am,
        Matthew says:

        Ayn Rand was right about a lot:
        “… When you see that men get richer by graft and pull than by work, and your laws don’t protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that your society is doomed.”

        • On January 19, 2019 at 10:23 am,
          Matthew says:

          She understood that collectivism is evil: “The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities.”

          • On January 20, 2019 at 11:56 am,
            Excelsior says:

            +1

    • On January 21, 2019 at 5:12 pm,
      OOTB Jerry says:

      On January 18, 2019 at 7:12 am,
      OOTB Jerry says:
      Only one making money in this market is Jamie D……..with bonus of $31 MILLION…..
      another give me from the FED…….

      Reply to this comment

  5. On January 19, 2019 at 6:40 am,
    Excelsior says:

    China’s Slowdown Is Miners’ Single Biggest Fear This Year

    Cecilia Jamasmie | a day ago

    China’s slowdown is miners single biggest fear in 2019 — report
    An economic slowdown in China, consumer of about half the world’s commodities, is the single biggest challenge for the mining and metals sector in 2019. (Image courtesy of Liebherr.)

    “A worsening of the ongoing economic slowdown in China, consumer of about half the world’s commodities, is the single biggest challenge mining and metals companies face this year, a new survey of senior executives shows.”

    “Beijing-related worries have already dragged industrial metals prices along and increased future demand concerns so far this year. This has led some to question whether the country’s government is doing what’s needed to stop the downward trend.”

    http://www.mining.com/chinas-slowdown-miners-single-biggest-fear-year-report/

  6. On January 19, 2019 at 6:55 am,
    Excelsior says:

    Open Square Capital 2018 letter to clients

    – January 2, 2019

    “Market sentiment is a mercurial thing. It flits around fundamentals and sprinkles pixie dust that propels prices higher, or black powder that combusts and burns. With the right circumstances in the final quarter, it became the latter as the market scorched itself and created a wildfire that raged uncontained.”

    “Fear replaced greed as macroeconomic concerns, quantitative tightening and US/China trade tensions collided to deflate the market. A correction that began in October took hold by November and accelerated into the year-end as
    computerized trading algorithms (“CTA”) took the baton and drove the market and oil prices lower.”

    “Make no mistake, the oil sell-off had little to do with fundamentals, this was largely about momentum and correlation as oil shed 40% in less than three months…”

    http://cdn.ceo.ca.s3-us-west-2.amazonaws.com/1e44lnm-Open-Square-Capital-Investor-Letter-2018-Q4.pdf

  7. On January 19, 2019 at 11:29 am,
    Silverdollar says:

    Great show Cory; thanks! I’m always partial to Jesse Felder who in my book get’s the Oscar. I consider myself a lucky man to be able to listen to his comments on markets and gold at no cost. His ideas of where gold is headed and how it will get there is much different than most other analysts. If you need to feel better about your gold holdings, listen to Jesse.
    I’ve another question for the board and would appreciate comments. Recently noticed the volume on the S&P Index on a 10 year, weekly chart. Can anyone tell me what accounted for the huge rise in Ave. Weekly shares traded at the beginning of 2017? From 2012 thru 2016, shares traded on the S&P were slightly below 4 Billion a week. The last 2 weeks of 2016, all of 2017 and 2018 the average weekly traded jumped to over 10 Billion and never looked back. That’s a huge amount of new money …………..or was it credit?? Any ideas?

  8. On January 19, 2019 at 4:26 pm,
    Markedtofuture says:

    Bitcoin Black (BCB) January 2019 Update

    Launch
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    BCB will become the most decentralized payment system in the world in 2019. How?
    Our desktop wallet is a full node, and all wallets communicate with each other to create the payment network. Each user who receives the airdrop will act as a node and be part of the decentralized payment network, compromising a small part of the global network.
    ~60000 people are waiting in line for the airdrop and once the airdrop becomes live and BCB is listed on multiple exchanges the numbers will grow rapidly. In 2019 BCB will become the most decentralized cryptocurrency in terms of numbers of network nodes and be at least 10x more decentralized than bitcoin.

    Alexa Rank
    Alexa rank is a measure of website popularity. It ranks millions of websites in order of popularity, with and Alexa Rank of 1 being the most popular. Bitcoin Black is currently ranked 173,431 and has continued to climb up the rankings significantly. We are on target to be within the top 10,000 most popular websites globally.

    For new members that have not had the chance to sign up for Bitcoin Black 3600 Free coin Airdrop. Remote Viewer Benjamin Matrix Portfolio’s opinion is it replaces BTC around 2024 with eventual target price in the 1000’s . Scroll to page bottom.
    https://bitcoin.black/?a_aid=5b7f2d29ef46a

  9. On January 21, 2019 at 7:36 am,
    Ebolan says:

    Hey Cory, you going to run into Peter Who at the show up there?

    If so, tell him I said hello.