by irdadmin | Nov 7, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“How did you go bankrupt?” Bill asked. “Two ways,” Mike said. “Gradually and then suddenly.” – “The Sun Also Rises” – Hemingway Zillow Group stock plunged 24% this morning after reporting Q3 numbers that missed revenue and net income estimates....
by irdadmin | Nov 1, 2018 | Financial Markets, Housing Market, U.S. Economy
One of the proprietors of StockBoardAsset.com tweeted about two weeks ago wondering when the stock market was going to start pricing in a slow-down in the economy. To that I responded by pointing out that the DJ Home Construction index is starting to price in a...
by irdadmin | Oct 30, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I think we can all agree, it was an interesting week last week in the stock market, to say the least. For the week, the Dow was down 2.9%, the SPX was down 3.9% and the Nasdaq was down 3.8%. All three indices closed below their 200 dma. It can be argued that, on a...
by irdadmin | Oct 26, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
Craig Hemke, the well-known proprietor of the TF Metals Report invited me on this his new “Thursday Conversation” podcast to discuss the stock market, economy, precious metals and Tesla. “If you adjusted the current S&P 500 earnings stream...
by irdadmin | Oct 18, 2018 | Financial Markets, Gold, Housing Market, Market Manipulation, Precious Metals, U.S. Economy
“’DON’T PANIC!!!!’ Just 6.9% off of the most offensive valuation extreme in history.” – Tweet from John Hussman, Hussman Funds The above quote from John Hussman was a shot at the financial media, which was freaking out over the sell-off in the...
by irdadmin | Oct 10, 2018 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
“The only time we’ve ever seen a confluence of risk factors anywhere close to those of today was the week of March 24, 2000, which marked the peak of the technology bubble.” – John Hussman, Hussman Funds, in his October Market Commentary The yield on...
