Archive

May 26th, 2016

Tyler Durden's picture

The New Millennial Dream: Make Over $200,000 And Retire At 90





Faced with an economy that is creating lower paying jobs, millennials are making less, piling up more debt, and more than any other time since the Great Depression, are returning home to live with their parents. In a video produced by Morningstar's U.K. unit, millennials discussed what their career aspirations are, and what they expect from their financial future. There were certainly some interesting, if not telling, responses as to the confused state of expectations vs. reality that millennials are dealing with at the moment.

 

Tyler Durden's picture

10 People You Can Vote For In 2016 Not Named Trump Or Clinton





There is a disturbance in the Force. At an accelerating rate, the American people are realizing the two-party system is rigged to ensure the corrupt oligarchs of the deep state continue to rule the roost. The ‘lesser of two evils’ argument is causing more chaos than ever before - because this time around, we’re dealing with the two most disliked candidates in American political history. It’s not even close. Voters won’t be holding their noses as they cast their ballots this year - they’ll have gas masks strapped to their heads. The following list outlines 10 independent or 3rd party candidates you can vote for in 2016...

 

4closureFraud's picture

David Dayen’s 'Chain of Title' Confirms What You Always Suspected: The Game is Rigged





If we don’t return to the rule of law soon, the average American’s confidence will be undermined and alternatives will be sought.  It is amazing that the greed of banks, to save a recording fee, or pass around notes like bubblegum cards could undermine an entire industry - but that is exactly what has happened.

 

Sprott Money's picture

Bill Gross Goes Against His Insticts, Turns Bearish on Bond Markets





These investors are forecasting doom and gloom in our future and envisioning a time of collapsing prices in the markets. They should not be ignored, nor should they be dismissed.

 

Tyler Durden's picture

3 Things: Auto Angst, Valuation Vulnerabilities, & Delusional Decouplings





Yes, the “bull market” is currently alive and well. However, there are mounting signs that a “cancer” has taken hold and will eventually reveal itself in the not so distant future. Unfortunately, for most investors, the inevitable outcome of chasing yield with a complete disregard of the underlying risk will be catastrophic.

 

Tyler Durden's picture

Wells Fargo Reintroduces 3% Down Mortgages





Wells Fargo & Co. is rolling out a new mortgage for borrowers making minimal down payments, an offering that could allow the bank to step back significantly from a controversial Federal Housing Administration program. The bank’s new mortgage allows borrowers?with credit scores?as low as 620 on a scale of 300 to 850?to make down payments of as little as 3%, while also allowing them to use income from family members or renters to qualify.

 

Tyler Durden's picture

Donald Trump Unveils "Make American Energy Great Again" Plan - Live Feed





Donald Trump will head to the heart of America’s oil and gas boom on Thursday to unveil details of his policies on energy and the environment. As NYTimes reports, speaking at an oil industry conference in Bismarck, N.D., Mr. Trump is expected to embrace standard Republican calls for more fossil fuel drilling and fewer environmental regulations, while possibly elaborating on his positions on climate change. Having vowed to "get those miners back to work," and "get rid of [EPA] in almost every form," this is the first time since becoming the presumptive nominee that Presidential candidate Trump has a platform for a policy speech... we are sure Clintonites will be listening intently.

 

Tyler Durden's picture

The Fed Has A Problem: Inflation May Hit 3.5% By December Due To Gas Price "Base Effect"





As we approach the anniversary of last year's oil - and gasoline - price lows and the base-effect goes away, the sharp pick up in gas prices is set to have a sharp upward impact on Consumer Price Inflation. It will also wreak havoc on the Fed's strategy of playing possum and not hiking as long as inflation remained "stubbornly low."In short: the Fed suddenly has a problem. Here's why.

 

Tyler Durden's picture

Plunging Personal Income Tax Revenues Slam State Budgets In April





April is the most important revenue month for states because it contains the tax filing deadline and taxpayers tend to wait until the last minute to pay any taxes that may be owed from the prior year. This April, personal income tax revenue fell by an average of 9.88 percent compared to the same period last year in the 32 states for which Reuters has data (Puerto Rico as well). Due to the drop in income taxes, and April being near the end of the fiscal year for many states, states that were depending on a strong inflow of revenues in April are now left scrambling to fill budget gaps.

 

Gold Money's picture

Is Gold a Commodity?





Here’s a question that might have you pondering: Is gold a commodity?

More importantly, are we doing a disservice to the gold industry by calling gold a commodity? These may sound like silly questions, but hear me out

 

Tyler Durden's picture

Does The U.S. Have A Plan For The Post-Oil Era?





The world's largest exporter of crude oil, the Kingdom of Saudi Arabia, recently announced a plan for its post-oil future. If a country almost synonymous with the oil economy can see the need for such a plan, how can the rest of the world, particularly the United States, the world's largest consumer of petroleum, not see the necessity of such foresight?

 

Tyler Durden's picture

Brexit Bets Surge At Bookies Despite Cable Strength





Cable has strengthened notably in the last week or so as Cameron and Osborne unleashed phase 2 of "project fear" and 'some' Brexit polls suggested market fears of a 'leave' decision were overblown. However, the broad polls still show the decision is too close to call, which is why the news from Ladbrokes - Britain's largest bookmaker - that they have seen a sudden surge in Brexit bets in the last few days. Interestingly, sterling has started to leak lower today...

 

EconMatters's picture

ALL ETFs Are Complete Garbage (Video)





If you are going to offer a product or service, basic competency is a must, especially as an investment vehicle as it is hard enough to just get the direction right of an asset, an investor doesn`t need the additional stress of having the investment instrument itself being flawed.

 

Tyler Durden's picture

Someone Is Going To Be Disappointed





Bonds up, Stocks up... will Yellen spoil the party tomorrow?

 
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