Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool
08/14/2019 9:21 AMBitcoin (BTC) price was feeling the pressure Aug. 14 after a fresh downturn saw the largest cryptocurrency settle below $10,500. The latest in what has become a recognized pattern in recent months, Bitcoin reversed its previous successes from the weekend, when...
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Recession Countdown Begins
08/14/2019 9:14 AMThe spread between 3m and 10Y yields has been inverted since mid-May and reached its most inverted since April 2007 this morning...and here is Bloomberg showing how the yield curve inverted in 1989, in 2000 and in 2006, with recessions prompting starting in 1990, 2001...
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Who Are You Betting On?
08/14/2019 6:06 AMThe Chinese government's goals are clear - be the dominant economic and military power in the world. And who's going to stop them? Europe? Canada? It's clear that the US is the only...
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Real Estate in Vancouver is Still Plummeting
08/13/2019 3:04 PMDetached sales prices of $1.494 million are at the low end of the downtrend established in 2017, simultaneously testing the one of the low ranges of Vancouver’s current detached market cycle. We had anticipated a tight selling range for the remaining portion of the...
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US Stocks Rally As Some Health, Security, Safety Products Removed From China Tariff List
08/13/2019 9:25 AMThe S&P 500 roared back to life on Tuesday led by Apple, Inc. after the U.S. Trade Representative released a long list of exemptions from the new 10% tariffs on an additional $300 billion in Chinese imports set to go into effect on Sept. 1. Tariffs on the exempted...
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Technically Speaking: 5 Reasons To Be Bullish (or Not) On Stocks
08/13/2019 9:13 AMOver the last few weeks, we had discussed the excessive deviation to the market above the 200-dma, which suggested that a reversal of that extension was probable. The question now is whether Tom’s view is correct? Are the markets set up for “monster second-half...
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Canada and the Rest of the West Have No Idea Who They’re Dealing With
08/13/2019 6:18 AMIn the US/China dispute there will be no winners - the investment markets are trying to figure out how big the fall-out will be. In the meantime, most of us haven't figured out that China is playing to win the global war for economic...
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Martin Armstrong Was Right Again
08/12/2019 10:49 AM"Either Epstein will be found dead claiming suicide because he had remorse, or he will make a deal and then probably will be found dead of some heart attack afterward. I would be shocked if there would EVER be a public trial allowed." ~ Martin Armstrong July 25th,...
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The Week Ahead In Cannabis: More Earnings And The Cannabis Capital Conference
08/12/2019 9:24 AMThis week for the cannabis industry will be a busy one, as a number of companies are scheduled to post financial results for the last quarter. Here's a brief overview of the companies to be keeping an eye on. On Monday, Greenlane Holdings Inc (NASDAQ: GNLN), Village...
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Why Did CannTrust Soar 40.8% on Friday?
08/12/2019 9:12 AMFriday was an interesting day for CannTrust Holding to say the least. Initially, the stock was down as a result of a press release that said its auditors, KPMG, were pulling their most recent reports in light of the scandal surrounding the company and after CannTrust...
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