KASH IS KING

[bimetalaupt]

BIS warns of market fragility despite bullish mood

The Bank for International Settlements warned Sunday that global financial markets appeared to be increasingly fragile despite bullish sentiment.

The Basel-based institution, considered the central bank for central banks, also voiced concern in its quarterly report about the impact of the rising US dollar and falling oil prices, particularly on emerging economies.

Claudio Borio, the head of the BIS monetary and economic department, highlighted events in mid-October when stock prices fell sharply and US Treasury bonds were "exceptionally volatile" -- even more than at the height of the crisis triggered by the collapse of Lehman Brothers in 2008.

"And yet, just a few days later, the previous apparent calm had returned."

"To my mind, these events underline the fragility -– dare I say growing fragility –- hidden beneath the markets’ buoyancy," he said.

Global stocks are surging on hopes that the world's biggest economy is recovering, with a surprisingly robust US jobs report for November powering Wall Street to record highs last week.

The dollar has also strengthened against the euro and the yen, as the central banks of the single European currency zone and Japan push interest rates to record lows to chase an elusive growth.

At the same time, oil prices have slumped by 40 percent since June because of oversupply -- the third largest fall in the last 50 years.

The prices of other commodities were also showing drops.

Borio said the diverging developments are expected to "leave a profound imprint on the financial and macroeconomic scene".

Emerging market economies expected to be hardest hit because "the outsize role that commodities and international currencies play there makes them particularly sensitive to the shifting conditions," he said.

Emerging economies have racked up to $3.1 trillion in dollar-denominated debt by mid-2014.

A continued appreciation of the dollar would therefore increase debt burdens, Borio said.

At the same time, some of these economies are dependent on commodity exports and have therefore come under intense pressure over falling prices.

A stormy meeting of the 12-member OPEC cartel last month demonstrated the painful impact of the slumping prices, with Venezuela and Nigeria pleading for output to be slashed.

A day after OPEC decided to maintain its output target, Venezuelan President Nicolas Maduro's government announced painful budget cuts.

Non OPEC-member Russia has also said it is losing up to $100 billion a year because of the oil price slump.

I WAS WATCHING MY COST TO FARM STUDY WITH THE EFFECT OF WORMS ON THE LAND WITH A FIVE YEAR STUDY AT OUR JAL RANCH FOOD LOT STUDY AND THE REDUCED NEEDS FOR FUEL AND INCREASED NEED FOR BULL SHIT TO FEED THE "SUPER REDS AKA E. HORTENSIS" .  THE PAPER SLURRY STUDY WILL REDUCE THE AMOUNT OF LAND FILL FOR BOTH LEAF LITTER AND PAPER BOXES. 
A THOUGHT FOR 2015: WHERE TO INVEST? KASH IS KING
BiMetalAuPt
finance.yahoo.com/news/bis-warns-market-fragility-despite-bullish-mood-191721063--finance.html

[flow5]

12/11/14 is the theoretical bottom. Buy commodity etf's and sell bonds.

[bimetalaupt]

Dec 7, 2014 17:55:50 GMT -5 flow5 said:

12/11/14 is the theoretical bottom. Buy commodity etf's and sell bonds.

Flow5,
Vintage Asset Trust is selling off some of our Picasso collection to raise money to buy oil production and mineral writes.  As you know I am the principal and chief trader of VAT and internation know as a world class develper of art assets.

Just a thought,
BiMetalAuPt

[flow5]

Don't know about art. But oil should rebound (short-squeeze) - esp. for the next 2-3 months. Still looking for 12/11/14 bottom in commodities.

[bimetalaupt]

Dec 8, 2014 12:51:36 GMT -5 flow5 said:

Don't know about art. But oil should rebound (short-squeeze) - esp. for the next 2-3 months. Still looking for 12/11/14 bottom in commodities.

Flow5,  GREAT CALL!
That is an interesting date for the reduced cost of energy to reunite stimulating money supply with the economy assuming normal lead time for commodities market ( esp natural gas) and stock market  ahead of growth expansion . 

Thank-you,
BiMetalAuPt

[Aman A.K.A. Ahamburger]

Seems like the article in the OP is saying that even though the US economy is the strength in the weakness, there are other games in town.

Like Japan is in recession, Hong Kong is in a recession, Russia, parts of the mid East and north/west Africa, Europe without illegal activity, and China's housing - recession, recession, recession..

A.K.A. the stall that was called back in Jan?

Risks grow as global economies diverge in 2015

[bimetalaupt]

Dec 8, 2014 23:06:29 GMT -5 Aman A.K.A. Ahamburger said:

Seems like the article in the OP is saying that even though the US economy is the strength in the weakness, there are other games in town.

Like Japan is in recession, Hong Kong is in a recession, Russia, parts of the mid East and north/west Africa, Europe without illegal activity, and China's housing - recession, recession, recession..

A.K.A. the stall that was called back in Jan?

Risks grow as global economies diverge in 2015

Into the end of the year: its looking like MMXVI-Alpha agrees: KASH IS KING.  THE LAST MONTH WILL BE WILD!

Just a thought,

BiMetalAuPt

STRESS TEST STUDY
RIDK 5803.614375
15 MONTH DJIA PROJECTION 21181.5409314066
UPSIDE 3585.20093140659
DJIA UPSIDE/RISK 61.7753127577%
djia risk/return 1.6187696271526
Highest risk DJIA 15377.9265564066
PROF/LOSS PER$1.00 -$0.38225

[Aman A.K.A. Ahamburger]

Well , news out of the ECB is that their long term lone operations are a flop - operating in and around 50% of projections. Again, this is something that should have been done 3+ years ago. No economy to put the money to work in and from what I can read, all the cash from the operations is going into paying off debt from the 2011/12 bailouts..

The news out of China is that housing sales continue to contract. As we know prices follow sales. I know the have a high savings rate but Chinese banks have been lending over 100% of GDP since 2008. All those savings accounts are empty - er I mean in empty apartments.

"Truce" broken in the Ukraine - again. All the garbage in the ME and surrounding areas. Fragility indeed.

God bless.

[bimetalaupt]

Dec 12, 2014 2:10:36 GMT -5 Aman A.K.A. Ahamburger said:

Well , news out of the ECB is that their long term lone operations are a flop - operating in and around 50% of projections. Again, this is something that should have been done 3+ years ago. No economy to put the money to work in and from what I can read, all the cash from the operations is going into paying off debt from the 2011/12 bailouts..

The news out of China is that housing sales continue to contract. As we know prices follow sales. I know the have a high savings rate but Chinese banks have been lending over 100% of GDP since 2008. All those savings accounts are empty - er I mean in empty apartments.

"Truce" broken in the Ukraine - again. All the garbage in the ME and surrounding areas. Fragility indeed.

God bless.

SO WHY IS ALL THAT Cash (M1) showing so little recovery worldwide?

[Aman A.K.A. Ahamburger]

Dec 12, 2014 16:34:33 GMT -5 bimetalaupt said:

Dec 12, 2014 2:10:36 GMT -5 Aman A.K.A. Ahamburger said:

Well , news out of the ECB is that their long term lone operations are a flop - operating in and around 50% of projections. Again, this is something that should have been done 3+ years ago. No economy to put the money to work in and from what I can read, all the cash from the operations is going into paying off debt from the 2011/12 bailouts..

The news out of China is that housing sales continue to contract. As we know prices follow sales. I know the have a high savings rate but Chinese banks have been lending over 100% of GDP since 2008. All those savings accounts are empty - er I mean in empty apartments.

"Truce" broken in the Ukraine - again. All the garbage in the ME and surrounding areas. Fragility indeed.

God bless.

SO WHY IS ALL THAT Cash (M1) showing so little recovery worldwide?

You mean, why is there an oil glut? As in, Putin's actions mixed with the spreading of the Mid East war global + China's massive RE debt bubble? Seems like the global economic recovery is stalling because of humanity - or should I say the need for dictators to still act like this is man's kingdom. 16.5% of the global economy growing slowly dosen't equal a Case Shiller P/E of 26+ does it?

As you say, just a thought.

[flow5]

Technically early, but I bought commodity ETFs on the close Friday.

[Aman A.K.A. Ahamburger]

A little vindication ? As I pointed out with the chart in the "No Matter..The Markets Will be Up" thread. Technicals have left the building and greed from investors that missed the boat took hold in 2013.

Some DATA aka FACTS, that back that up...

Too late: We’re already in a bear market

A second component of the CCT focuses on the NYSE “big block” buying and selling. A bullish market has numerous big blocks of buying. A print on the NYSE tick in excess of plus-1000 signifies fund buying by numerous entities, which accompanies a healthy bull market. Nowadays the big institutional money has dried up.

Big money is moving to cash and so should you

By late 2013 though, it started to become apparent to me that we weren't going to get the sustained economic growth we needed to have a boom period. Oppressive global debts and aggregate demand shortfalls driven by demographics in the four largest developed economies — U.S., China, Europe and Japan — are too much to overcome without another reset in asset prices. Despite that, money started to finally pour in from mom-and-pop investors into the markets for the first time since 2007. I warned that would end badly.

Where the world probably went wrong was relying too much on monetary policy, inflation targeting by non-reserve currencies in particular, and not actually building the things we need for productive economies. We have underinvested in infrastructure that is becoming dilapidated and other necessities that could become scarce in the next decade if we don't wake up very soon. Meanwhile, we have overinvested in toys and counterproductivity. Much of that is represented by very overvalued tech stocks that have IPO'd recently.

I am not completely despondent. I think there is a way for the global economy to rebound eventually, in fact, three ways, only one of which is horrible. But that doesn't really matter for this column. What matters here is that my thesis the past year or so that the big money was leaving the markets and that smaller investors were getting handed the bag is clearly true.

This past weekend in Barron's, there was a special section with a headline article that described how large wealth-management firms were holding more money in cash and short-term Treasurys. In Berkshire Hathaway's annual letter, Warren Buffett talked about holding cash and short-term treasurys, likely in response to the fact that Berkshire's cash and Treasury holdings have grown to a record.

In other words, money flows are at the exact OPPOSITE place to where they were at the bottom in 2009. Hmmm.

[bimetalaupt]

KING DOLLAR UP.

BUSH RAISED HIS PAY TO $400,000 NOW OBAMA IS THE HIGHEST PAID PRESIDENT OF ANY WORLD POWER!!

WELL: BLANCHE BRUCE SERVED AS PRESSIDENT FOR 72HR AND SIGNED AS PRESIDENT AND PRESIDENT PROTEM ON THE SAME DAY!!

NOW THE USA IS THE ONLY SUPER POWER AND ONLY GROWTH NATION.  THE $$$$$ IS PRO- CURANCE NOT GOLD.

MY POINT: KA$$$$H I$$$$$$$$ KING!!!!

Just a thought,

BiMetalAuPt

Definition of PROCURANCE


: procurement; especially : the action of furthering or bringing about the achievement of something (as by one's intervention or influence)

[Aman A.K.A. Ahamburger]

Was there ever a doubt?!

Terminal Decline?Doubtful.The American Renaissance

[Aman A.K.A. Ahamburger]

King Dollar.

Once Over $12 Trillion, the World’s Currency Reserves Are Now Shrinking


The decade-long surge in foreign-currency reserves held by the world’s central banks is coming to an end.

Global reserves declined to $11.6 trillion in March from a record $12.03 trillion in August 2014, halting a five-fold increase that began in 2004, according to data compiled by Bloomberg. While the drop may be overstated because the strengthening dollar reduced the value of other reserve currencies such as the euro, it still underlines a shift after central banks -- with most of them located in developing nations like China and Russia -- added an average $824 billion to reserves each year over the past decade.
Beyond being emblematic of the dollar’s return to its role as the world’s undisputed dominant currency,....


Stripping out the effect from foreign-exchange fluctuations, Credit Suisse Group AG estimates that developing countries, which hold about two-thirds of global reserves, spent a net $54 billion of this stash in the fourth quarter, the most since the global financial crisis in 2008.
China, the world’s largest reserve holder, together with commodity producers contributed to most of the declines, as central banks sold dollars to offset capital outflows and shore up their currencies. A Bloomberg gauge of emerging-market currencies has lost 15 percent against the dollar over the past year.

China cut its stockpile to $3.8 trillion in December from a peak of $4 trillion in June, central bank data show. Russia’s supply tumbled 25 percent over the past year to $361 billion in March, while Saudi Arabia, the third-largest holder after China and Japan, has burned through $10 billion in reserves since August to $721 billion......

The euro’s share of global reserves dropped to 22 percent in 2014, the lowest since 2002, while the dollar’s rose to a five-year high of 63 percent, the International Monetary Fund reported March 31.

A.K.A. The black hole that is China's massive debt pile is starting to drain their reserves. What, you mean a 5% cut in GDP is like a recession when you HAVE to grow at 10% to keep lifting people out of poverty?

Must be why, Mohamed El-Erian Has Most of His Money in Cash

[Aman A.K.A. Ahamburger]

Kash is King, yep! How sweet it is to have a full tank of gas!

[bimetalaupt]

Sept 1, 2015 13:30:09 GMT -5 Aman A.K.A. Ahamburger said:

Kash is King, yep! How sweet it is to have a full tank of gas!

A+++++,
The over fill tanks are full at the JAL. We are thinking of a major tank building project: Yes I am thinking of the largest tank every made!! I hope to have plans by Oct 2015.

Cost advantage for my producers?  For VAT ?
“Storage is king,”
Just a thought,
Bruce

ps
(Bloomberg) -- In a world awash with cheap oil and plunging profits, one obscure corner of the energy business is shining brightly: the owners of storage tanks.

While not nearly as famous as giant oil producers like Exxon Mobil Corp. and Royal Dutch Shell Plc, storage companies including Vopak NV, Kinder Morgan Inc., Oiltanking GmbH and Magellan Midstream Partners LP are among those benefiting from rising demand for onshore tanks -- and higher prices to rent limited space.

“Storage is king,” said Jean Francois Lambert, global head of commodity finance at HSBC Holdings Ltd. in London. “Good tanking at the right location could make money.”

Driven by record production from shale fields, the oil glut is bigger in the U.S. than any other region, and particularly large around the hub of Cushing, the Oklahoma town that calls itself the “pipeline crossroad of the world.” The International Energy Agency anticipates that total U.S. stocks levels, already at a 80-year high of 459 million barrels, may soon test the limits of the country’s tank capacity.

In the U.S. and beyond, traders are filling tanks to take advantage of contango -- a relatively rare situation where forward prices are higher than current prices, allowing people to buy oil cheap, store the commodity in tanks and sell later, all the while locking in their income through the use of derivatives.

The price difference between a West Texas Intermediate oil contract for immediate delivery, the benchmark for U.S. prices, and the one-year forward -- a measure of the contango -- stood at minus $12.59 a barrel on Thursday, close to the highest since crude prices started falling last year.
Tank Farms

Oil traders believe that tank farms at Cushing will fill up as soon as late April, triggering a race to secure the last remaining tanks in the city.

“Demand for our storage services in Cushing has been robust,” said Robb Barnes, senior vice president for commercial crude oil at Magellan, a company with 12 million barrels of tanking capacity in the Oklahoman town. The company said all its tanks were already leased.

Mark Hurley, chief executive officer of Blueknight Energy Partners, a company with 6.6 million barrels of tank capacity at Cushing, told investors increased demand for his tanks meant fees had “been changing fairly rapidly over the last six months. Obviously, on the rise.”
Storage Fees

Storage companies keep the exact level of their fees confidential but oil traders said they charge around 20 U.S. cents to 50 U.S. cents a barrel a month, depending on the length of the contract.

The dearth of storage capacity is such that traders said short-term lease rates for the most sought after locations, such as Cushing, have gone up to as much as 80 U.S. cents a barrel.

In 2008 and 2009, the last time the oil market was as oversupplied as today, the storage companies were slow to increase rates, allowing the traders who used their tanks to take an unusually large slice of the contango profit. This time, the split between tank owners and traders is more even, according to Mike Conway, head of trading at Shell in London.

“It looks like the owners of the storage facilities have extracted a bit more value for themselves,” he said in an interview.
www.bloomberg.com/news/articles/2015-03-19/in-a-world-awash-with-crude-oil-storage-companies-are-kings

[Aman A.K.A. Ahamburger]

Bruce,

Storage? Maybe Queen - they still gotta pay KASH to store oil in VAT'S new Super Storage Saver.

[Aman A.K.A. Ahamburger]

Cash beats stocks, bonds for first time in 25 years

And C.C. GREEN&Co. is gonna kill 'em all!

[bimetalaupt]

Ka$h is King : We have pointed this out for over two years.  My father told me If I had the $$$$ I may do anything I wanted to do.  I told Eric when he asked me what I wanted to do with my left over Trust money: make money.  we Have and "Bob"is correct if you bought the tops with good selections you over time made more more money then most that bought and sold. 
Well, we are looking again to buy Oct 15.  Thoughts on the return of PFE.
Wish me good Luck as I have an a new Professor to audition for Monday,
Prey for me.
Bruce Duke 

[Aman A.K.A. Ahamburger]

Ka$h is King : We have pointed this out for over two years. My father told me If I had the $$$$ I may do anything I wanted to do

How some things will never change.

I told Eric when he asked me what I wanted to do with my left over Trust money: make money. we Have and "Bob"is correct if you bought the tops with good selections you over time made more more money then most that bought and sold.
Well, we are looking again to buy Oct 15. Thoughts on the return of PFE.

Which is why what I have in place right now will stay put, but with how we are going to grow, I know where I will be putting my future investment money. I mean, even PFE better look out.

Wish me good Luck as I have an a new Professor to audition for Monday,
Prey for me.
Bruce Duke

May the force be with you, Duke.

God bless.

[bimetalaupt]

Shiller: Stocks and housing are overvalued-- here's what to do about it
Long-term economic growth remains slow, despite a rebound in both equities and housing. This is a clear sign that the market is overheated, warns Robert Shiller, Nobel Prize-winning economist and co-author of the book Phishing for Phools.

"The correction in August brought the market down ten percent," Shiller says. "But it's halfway back up. It's still looking pretty frothy.”

Shiller adds that his valuation confidence index, known as the CAPE ratio, is far above the historical norm of 17. The ratio, which compares current stock prices to earnings over a ten-year period, currently measures 24.5, near the peak it reached before the financial crisis in 2007.

“On top of that, I have survey data showing that people think the market is overpriced,” he says. “This this creates a little bit of fear that there could be a correction. When we saw the correction in August of this year, there was some anxiety thrown into people's hearts.”

A+++++,
Here is what to do about it: sell houses and rent!!  Per Dr. Shiller!! I know it is hard to take but MMXVI - ALPHA has been posting the same thing.

Thank-you for all the kind words,
Bruce Duke AKA BiMetalAuPt


Shiller: Stocks and housing are overvalued-- here's what to do about it
marketsanity.com/shiller-stocks-and-housing-are-overvalued-heres-what-to-do-about-it/

[Aman A.K.A. Ahamburger]

Sept 28, 2015 3:39:58 GMT -5 bimetalaupt said:

Shiller: Stocks and housing are overvalued-- here's what to do about it
Long-term economic growth remains slow, despite a rebound in both equities and housing. This is a clear sign that the market is overheated, warns Robert Shiller, Nobel Prize-winning economist and co-author of the book Phishing for Phools.

"The correction in August brought the market down ten percent," Shiller says. "But it's halfway back up. It's still looking pretty frothy.”

Shiller adds that his valuation confidence index, known as the CAPE ratio, is far above the historical norm of 17. The ratio, which compares current stock prices to earnings over a ten-year period, currently measures 24.5, near the peak it reached before the financial crisis in 2007.

“On top of that, I have survey data showing that people think the market is overpriced,” he says. “This this creates a little bit of fear that there could be a correction. When we saw the correction in August of this year, there was some anxiety thrown into people's hearts.”

A+++++,
Here is what to do about it: sell houses and rent!!  Per Dr. Shiller!! I know it is hard to take but MMXVI - ALPHA has been posting the same thing.

Thank-you for all the kind words,
Bruce Duke AKA BiMetalAuPt


Shiller: Stocks and housing are overvalued-- here's what to do about it
marketsanity.com/shiller-stocks-and-housing-are-overvalued-heres-what-to-do-about-it/

Duke,

Who is this Dr. Shiller character? and why is he saying the same thing I was about housing to you last week?!?

Yes, I have been loving renting over owning! It helps that I've watched houses get cheaper and cheaper while people were in the denial stage, now that they have accepted it.... On the other hand, to own outright and have no payments at all - well.. you know what I mean...

Yes, I think that MMXVI is trying to say that WW3 officially kicked off this weekend with the arrival of a Chinese carrier and the Russian deal with Iraq, Iran, and Assad - this was right after making "peace" with Jerusalem, of course.

God Bless,

A++++ 

[bimetalaupt]

For everyone that has said a word to there god for my safety : thank-you!! I am fine.  My 12 year Tahoe is not.  Keli and I will be looking for a new replacement that will be a 7 passenger something.
As per what I learned OK is OK: people are great and the police fantastic. 
The whole world is in decline: savings rate in many areas is three times what it was few years age: My essay about the problems of saving for the economy has proven correct.    Yes: personally I have always keep to the 10% plus for savings.  Savings first then investing.  Most of our growth was funded by debt: USA is looking more like the Underfunded EU all the time.

With m1 growth 300% of GDP growth why have investment been almost zero for new Researcher?  Where will the next disrupter be?  Kash is King!!

Just a thought,
BiMetalAuPt
Bruce and Taja
scontent-dfw1-1.xx.fbcdn.net/hphotos-xtp1/v/t1.0-9/s720x720/12141676_1005770369474316_542554820147808420_n.jpg?oh=4a6d2dd2f531139b587d77ebd4c11b47&oe=56A436AA

[Aman A.K.A. Ahamburger]

,

I always liked the Ford Flex, of course a Grand Caravan is always nice. They have automatic stow and go seating, talk about a nice feature for when you need extra room.

The underfunded EU ain't got nothing on your skeleton crew. ‎But I agree that the paradox of savings means that we have better long term growth for the sake of a fake boom right now.

We have the next disruptive technology in fuel, pharmaceutical  and real estate development; the best part is it's anchored with a conventional ‎business model - unlike the rest. That's where the Rn'D comes in. I know there is money being thrown around for research and development  up here, but they want to work with something more than a green start up in most cases - my gut tells me it's similar down there. 

Good thing our disruptive technology actually comes in at step 3 or 4 - depending on how you want to list steps of the project.‎ Plus, it will come at a time when the world is screaming for it. So it's not so much a disruptive technology, as it is the way of the future. 

Yes, H. Hughes ‎is the most underrated entrepreneur of our time, all because he went crazy because his home life sucked.

God bless,

[bimetalaupt]

Oct 6, 2015 11:30:48 GMT -5 Aman A.K.A. Ahamburger said:

,

I always liked the Ford Flex, of course a Grand Caravan is always nice. They have automatic stow and go seating, talk about a nice feature for when you need extra room.

The underfunded EU ain't got nothing on your skeleton crew. ‎But I agree that the paradox of savings means that we have better long term growth for the sake of a fake boom right now.

We have the next disruptive technology in fuel, pharmaceutical  and real estate development; the best part is it's anchored with a conventional ‎business model - unlike the rest. That's where the Rn'D comes in. I know there is money being thrown around for research and development  up here, but they want to work with something more than a green start up in most cases - my gut tells me it's similar down there. 

Good thing our disruptive technology actually comes in at step 3 or 4 - depending on how you want to list steps of the project.‎ Plus, it will come at a time when the world is screaming for it. So it's not so much a disruptive technology, as it is the way of the future. 

Yes, H. Hughes ‎is the most underrated entrepreneur of our time, all because he went crazy because his home life sucked.

God bless,

From  slfrb or FREDII : you will need tp read the FRED report on o see the Graph
fredblog.stlouisfed.org/2014/05/the-vanishing-negative-savings-rate/
The vanishing negative saving rate
One data series that’s been subject to frequent revision, anThe vanishing negative saving rated in the past frequent inclusion in the news, is the personal saving rate. In October 2007, our Liber8 publication (a newsletter for librarians) included an explanation of the negative U.S. saving rate.* To make a long story short, that article and others from that time noted that it generally isn’t wise to spend more than your income. However, if you look at the current saving rate, you see the graph never goes below zero. It even seems to stay above 2%. What’s up with that? Well, revisions to the data.

Below is a graph of changes in the data, comparing the current data with the data available in September 2007.

How this graph was created: Personal saving rate data were most recently released on March 28, 2014. To see previous releases, select the ALFRED link, which is to the left of the graph. Edit data series 1 by changing the “as-of date” to August 31, 2007. Then change the graph from a bar graph to a line graph.

Suggested by Katrina Stierholz

* In our defense, there were other Fed publications that wrote about the negative saving rate as well.
View on FRED, series used in this post: PSAVERT

[Aman A.K.A. Ahamburger]

That's flipping crazy. Imagine what a negative savings rate really means! We are talking about 7% savings rate in USA right now then. More cushin' for the pushin' in the East...

Now, what does it mean that familes have pooled their money together to buy homes and leverage them for stocks in China and property in Canada and Australia??

How about the fact that an International Manufacturing Mall(Chinese manufacturers) was supposed to break ground here in Saskatchewan? One of only a couple in the world, funding by Chinese backers and they were supposed to break ground two years ago... Now they can't be reached. ;DD

Kash is King unless it's C.C. Green.

[bimetalaupt]

A++++
This was posted on Yahoo Finance today: I agree with the main hypothesis: do You?
Just a thought, BiMetalAuPt  .... Kash is King

Hard-to-please bond investors hold sway over stocks

We can discuss Greece, China, moving averages and crowded trades without end. And we will.

But over any significant span of time, the stock market is driven by corporate profits and what investors are willing to pay for them.

Using this undeniable two-factor principle, it makes almost perfect sense for the market to be trading exactly where it is. ( I am noting Expert 50/50 here)

Near the end of July 2014 – nearly 15 months ago – the collective forecast for the next 12 months’ S&P 500 (^GSPC) companies’ per-share earnings was $127.71. Right now, the 12-month forward forecast is at $127.62, within a whisper of where it was a year-and-a-quarter ago.

finance.yahoo.com/news/hard-to-please-bond-investors-hold-the-key-for-stocks-121353265.html#

[Aman A.K.A. Ahamburger]

, Yes I agree with the hypothesis 100%. When it comes right down to it the only metric that matters is corporate earnings. There are other signals - as noted that can be discussed on end - but the only clear signal there is for if the economy is growing is corporate earnings. The only catch is that you have to watch which region the earnings are coming from. So right now earnings are saying that for the last 15 months the only real growth in the world has been the USA?? and AA, YUM, NUS, all just said that China has started to fall off a cliff. So where does that point, right?

God bless,

[bimetalaupt]

I was thinking the other day i do not hold any emerging markets!!GOOD
 Goldman: This is the third wave of the financial crisis
Just a thought,
BiMetalAuPt

Emerging markets aren't just suffering through another market rout -- it's a third wave of the global financial crisis, Goldman Sachs said.

"Increased uncertainty about the fallout from weaker emerging market economies, lower commodity prices and potentially higher U.S. interest rates are raising fresh concerns about the sustainability of asset price rises, marking a new wave in the Global Financial Crisis," Goldman (NYSE: GS) said in a note dated last week.

The emerging market wave, coinciding with the collapse in commodity prices, follows the U.S. stage, which marked the fallout from the housing crash, and the European stage, when the U.S. crisis spread to the continent's sovereign debt, the bank said.

Read More Asia's mighty market bounceback

Concerns that the U.S. Federal Reserve would raise interest rates for the first time in nine years spurred a massive outflow of funds from emerging markets, including Asia's, recently. But the Fed meeting on September 16-17 surprised markets by leaving rates unchanged and many analysts moved their forecasts for the next hike back into next year.

That's helped to stabilize hard-hit markets and currencies, but some analysts expect that's just a temporary reprieve.
finance.yahoo.com/news/goldman-third-wave-financial-crisis-024432044.html

EXPERT 50/50 IS BASED ON BLUE CHIPS STOCKS, KA$H, T-BONDS AND ONLY QUALITY ETF: LOW RISK

One of the reasons Goldman is concerned about emerging markets is that lower interest rates globally have fueled credit growth and a debt buildup, especially in China, and that's likely to impede future economic growth.