The long-awaited global financial market correction has arrived. We are seeing collapses in all major markets and across all major categories.
As usual, the pain has started at the edges, in the weaker elements (emerging markets, junk bonds, weak companies, etc.) and is rapidly spreading towards the center.
- Why a crash is likely
- Why the machines have won, and regular investors should flee these markets
- Why the coming oil company bankruptcies will trigger a deflationary rout
- Why we've passed Peak Easy
Look, the financial markets are broken -- the US, in China, and largely everywhere else around the globe. The sad fact is that the regulators have utterly failed to impose any meaningful limits on the rise of the computers and their high frequency hi-jinks.
Now those computers dominate the entire market landscape for better and, eventually, worse.
The reason I say ‘worse’ is because the computers deliver the appearance, but not the reality, of market liquidity.
As long as they detect that everything is operating normally, or at least within their accepted bands or limits, then they indeed provide plenty of liquidity. But when events exceed those limits?
The computers just shut down, revealing the true lack of market depth. The key story of all markets, bonds, commodities, futures and equities, is that each has experienced a vast diminishment of liquidity.
Share volumes are down on the equity exchanges as fewer and fewer participants are willing play a rigged game. That’s not just...
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A number of interesting food items to consider for your long-term food storage and deep pantry.
A man and a woman
A man and a woman and a blackbird
Excerpted from “Thirteen Ways of Looking at a Blackbird” by Wallace Stevens
Enlivenment in Brief
The Archive is home to deeply touching personal works, including this autobiography written on a bedsheet. Photo: Samuel Webster
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- UN sees moderate global growth for 2016-2017 due to major ‘headwinds’
- The world economy’s labor pains
- Canada, loonie lose footing in global economy
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- Puerto Rico misses second major debt payment as economy struggles
- Eurozone Inflation Remains Stubbornly Low
- Factory figures make for grim reading as global stock markets falls
- Greek government defends pension cuts
- Fears mount over rise of sovereign-backed corporate debt
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- BOJ's Kuroda: willing to take bold steps if needed for price target
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- Sweden hands central bank governor new powers to boost inflation
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- China central bank injects billions to ease liquidity strain
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The mason bee namesake comes from their habit of sealing their nests with mud. They typically nest in hollow reeds or holes in wood made by wood-boring insects. The blue orchard mason bee and the hornfaced mason bee are the most common here in Central Pennsylvania, although there are many. Mason bees are excellent pollinators in the early spring when many fruit trees are blooming. They are more efficient pollinators than honeybees and they only travel up to 300 feet from their nests, so if you grow mason bees close to your food forest, they will be there.
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Despite advertising messages that assure us happiness is to be found in our next purchase, the opposite tends to be true as mountains of stuff, clutter and debt leave us stressed and unfulfilled.
Well, the New Year got off to a rocky start in the world markets. Why it has taken so long for the equity markets to react to an obvious weakening global economic environment is beyond us. We write that knowing that it may take even longer still for reality to catch up to the world’s financial markets.
Part of the reason for the delay, of course, is that the world’s central banks have been fighting off reality with a coordinated series of actions designed to prop up financial markets for as long as possible.
Chris and Adam are keynoting a 1-day seminar hosted by David Morgan in Las Vegas on Feb 22, 2016.
More about the conference, as well as instructions for registering, can be found here.
The premise of the seminar is that there are many experts and websites dedicated to decrying the risks our economy and society face, but there are precious few people offering concrete solutions. The Solutions Conference has been created to fill that gap.
We have an extremely well-developed seminar model that has been honed over the years and combines teachings, breakouts, and exercises that will provide both critical insights and actionable ideas. This year will be no exception, with lots of new material developed during the creation of our new book, Prosper!
Specifically, this Rowe workshop offers
Photo credit: Mikael Colville-Andersen
I've given up on fixing the economy. The economy is not broken. It's simply unjust. There's a difference.
We have to stop looking at our economy as a broken system, but one that is working absolutely true to its original design. It's time to be progressive -- and this means initiating systemic changes.
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Actuary Gail Tverberg explains the tight correlation between the rates of GDP growth and growth in energy supply. For decades, energy has been becoming more costly to obtain, and instead of accepting lower GDP growth, we have been using debt to fund further energy exploration and extraction.
That strategy has diminishing returns, Tverberg warns. And we are close to the moment of reckoning.