- Source, Gerald Celente
Tuesday, July 17, 2018
Your New Trends Journal: 2018 Top Trends Mid Year Review
Tuesday, July 10, 2018
Gerald Celente: A Market Crash On The Scale Of 2008 Is Looming...
Gerald Celente discusses the market crash that he see's coming and its going to be a big one. Could the next downturn be even worse than 2008? Definitely.
Friday, July 6, 2018
Gerald Celente's 2018 prediction: Bricks and mortar retail resurgence
- Source, BNN
Monday, July 2, 2018
New Trump Bump? Or Will Tariffs and Trade Wars Sink Markets?
Gerald Celente discusses the ongoing booming market and how much more energy it might have? Will the recently sparked trades wars sink the markets, or are we looking at a new golden age under President Trump?
- Video Source, Gerald Celente
Friday, June 29, 2018
Thursday, June 21, 2018
Sunday, June 17, 2018
Thursday, June 14, 2018
Monday, June 11, 2018
Gerald Celente: The Cocaine High Continues But Here Is The Great Danger
Yes, corporate earnings are strong, but what’s driving the markets is more of the same fuel that’s been juicing them since their recovery from the Panic of ’08: Cheap and abundant money supply is feeding the overvalued markets with price/earning multiples rarely seen in the past century.
And corporations, thanks to President Trump’s generous tax breaks, which lowered rates from 35 percent to 21 percent, have put them on-trend to inject over $2.5 trillion into buybacks, dividends, and mergers and acquisition activity.
With the $1.5 trillion tax break and Trump’s reform plan that enabled corporations to repatriate some $3.5 trillion in overseas money, it is estimated they will invest some $1 trillion into stock buybacks and $1.3 trillion in M&A’s.
According to UBS, stock buybacks are up 83 percent year to date, while U.S corporate M&A activity surged 130 percent, accounting for some 40 percent in market performance this year.
BIGGER THAN BUYBACKS
While the U.S. markets are rolling along, global growth is slowing down. For example, global manufacturing fell to a nine-month low in May and the closely watched Baltic Dry Index, which measures shipping costs, fell 22 percent in May.
Also putting pressure on global growth is the strong dollar that is already impacting Emerging Markets that are deep in dollar debt and heavy in trade deficits.
Even though new anti-establishment/anti-Eurozone coalition parties just took power in Italy, the euro gained modest strength since Tuesday on news the ECB will discuss winding down its €2.4 trillion Quantitative Easing program by year’s end and raise interest rates by the middle of next year.
However, considering Europe’s weakening economies,concerns of the impact of the strengthening dollar and escalating anti-Eurozone sentiments in Italy, ECB measures remain questionable.
Also, in the UK, the fifth largest economy in the world, with economic growth collapsing to just 0.1 percent in the first quarter of 2018, plans for the Bank of England to raise its key interest rates from it paltry 0.50 percent next year is uncertain.
And corporations, thanks to President Trump’s generous tax breaks, which lowered rates from 35 percent to 21 percent, have put them on-trend to inject over $2.5 trillion into buybacks, dividends, and mergers and acquisition activity.
With the $1.5 trillion tax break and Trump’s reform plan that enabled corporations to repatriate some $3.5 trillion in overseas money, it is estimated they will invest some $1 trillion into stock buybacks and $1.3 trillion in M&A’s.
According to UBS, stock buybacks are up 83 percent year to date, while U.S corporate M&A activity surged 130 percent, accounting for some 40 percent in market performance this year.
BIGGER THAN BUYBACKS
While the U.S. markets are rolling along, global growth is slowing down. For example, global manufacturing fell to a nine-month low in May and the closely watched Baltic Dry Index, which measures shipping costs, fell 22 percent in May.
Also putting pressure on global growth is the strong dollar that is already impacting Emerging Markets that are deep in dollar debt and heavy in trade deficits.
Even though new anti-establishment/anti-Eurozone coalition parties just took power in Italy, the euro gained modest strength since Tuesday on news the ECB will discuss winding down its €2.4 trillion Quantitative Easing program by year’s end and raise interest rates by the middle of next year.
However, considering Europe’s weakening economies,concerns of the impact of the strengthening dollar and escalating anti-Eurozone sentiments in Italy, ECB measures remain questionable.
Also, in the UK, the fifth largest economy in the world, with economic growth collapsing to just 0.1 percent in the first quarter of 2018, plans for the Bank of England to raise its key interest rates from it paltry 0.50 percent next year is uncertain.
- Source, King World News
Tuesday, June 5, 2018
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