There are many questions surrounding the development of this technology that poses an existential threat to humanity, but most people are too busy worrying about whether computers can have a soul to address these concerns.
We’re still leaning long, but keeping position size a bit lower than normal. So far it’s been working for us nicely, and I figure it should continue for a while. But as we get closer to the December rate hike from the Fed’s, I think there’s going to be a bit of nervousness out there, and that could shake some trees.
What matters is that the world has transitioned from a pre-World Wide Web economy to a World Wide Web economy, and we are still dealing with the ramifications of that.
For 21 trillion to be missing it had to come from somewhere. Amen. 21 trillion isn’t chicken feed. That’s more than our entire US GDP for a year. So where did it come from, to go missing? Ahh, that’s the creepy part folks.
It’s a really good question, because one thing I’m very certain about. IF and it’s a big if, the Central banks stop their insane printing, the entire world will enter a recession of fairly epic proportions. Is that in the plans somewhere?
...without further ado, I present five ridiculous new year predictions that I guarantee will not actually happen this year!
We’re mired in a global debt and derivative “bomb” that is Mathematically impossible to get rid of. We’ve got quadrillions in derivatives and even the best experts suggest that they have no way of knowing how many millions of people would be affected by the failure of just a tenth of them.
As always, the people know that the markets are rigged, that the dollar is a paper promise with nothing to back it up, and that the central bankers and their financier cronies are not the "Wizards of Wall Street" but the "Wizard of Oz," i.e., little men behind a curtain desperately trying to distract the public with their hocus pocus parlor tricks.
So, what are we left with? A state-issued scam coin that is not "backed by oil" but by the government's willingness to accept it for taxes and "services". It will help Venezuelan tax collectors track down every transaction in the country's digital economy.
Let's just say I'm not holding my breath for China to swoop in and save us from the New World Order agenda anytime soon.
We had a market that had run up for 9 years. We had valuations at nosebleed levels. We had people that didn’t sell in 2017 so they wouldn’t have to pay taxes on it in 2018. Some decided it was time to book profits. We had a lot of reasons for a correction to hit. And, hit it did.
Rates are rising. We just hit 3% on the ten years. If rates bust through that and get out of hand, servicing the debt loads at the corporate level is going to get ugly. There’s more than a good reason to think that the stock market could truly roll over.
Indeed, all the conditions for the same Smoot-Hawley pattern of protectionist tariffs, global trade war, economic collapse and, eventually, all-out war, are now in place.
Fair value is not a fail safe, doesn’t always tell you where things are going to open, and becomes useless just minutes into the day.
The old adage on Wall Street is that the market climbs the steps going up, but takes the elevator down. It certainly does.
... it was not merely to line the pockets of the well-connected that the war was fought... it was a chance to change the very consciousness of an entire generation of young men and women
Every time this market has gone a bit sour over the past 6 years, they’ve found a way to goose it higher.
This is the plain truth of the matter: The bankers love whatever ideas, systems, beliefs and revolutionary movements will allow them to have more power over the lives of others.
The globalists have done an amazing job of conning untold, umpteen millions of people into thinking things are “okay.” They are not. And that’s what makes things so very dangerous.
The Chinese have been talking about gray rhinos for years now, so the fact that Xi is telling party officials to watch out for them is hardly unexpected.