Dow hits 27k. My stock hack 4.
#11
Fed talking about cutting rates mean real economy is bad.

The stock market is near its top
Quote
#12
I still making the case for buying. Don't fight the fed. With so many central banks at low interest rate, there is no way US can keep on increasing rate.

With low interest rates means higher stock prices.
Quote
#13
Sg economy is barely growing. Same for other economies. The best time to buy is when economy is struggling not when it's roaring.
Quote
#14
12-7-2019 6:11 PM
valueinvestor said:
Fed talking about cutting rates mean real economy is bad.

The stock market is near its top

Agree Dow is at the top. But it does not mean all, stocks are at their top. There is still value in stocks to go up.
Quote
#15
===================




美国一肯德基 KFC 发生巨大爆炸, 餐厅 被炸成废墟


2019-07-12


警局局长莱特表示,爆炸发生在凌晨0时35分左右。

莱特称,有几名餐厅员工在值班时闻到了煤气味,但爆炸时餐厅内没有工作人员,也没有人受伤。



[Image: 494e8ac11771gqsKrGYZ.png]


[Image: 494e8ac11813zBwzQtM9.png]


=====================



美财长发出警告:

美国政府要 没钱了, 比想象的还快 ( Sept, 2019 )


2019-07-12


美国不断高企的债务、特朗普的减税政策再加上美国两党之间围绕债务问题的政治斗争,在这些因素的合力之下,美国政府或将在今年9月初,提前陷入无现金可用,政府停摆的窘境。


据美国有线电视新闻网(CNN)7月12日报道,美国财长姆努钦当天发出警告称,政府可能在9月初达到债务上限。

而届时国会尚未结束8月的休会期,因此姆努钦敦促议员们在本月底离开华盛顿之前提高联邦债务上限。


[Image: 01b9779b5dcbf1cf909a04ac6246307f.png]

姆努钦警告称,美国政府没钱可用的时间比预计的要早 (CNN )



姆努钦在周五写给众议长佩洛西的信中表示,目前无法确定财政部何时会用尽其“非常规措施”,自3月2日以来,财政部一直在使用这些措施按时支付政府开支。姆努钦写道,“根据预测,有一种情况是,我们将在9月初,即国会复会之前,用完现金。因此,我请求国会在夏季休会前提高债务上限。”

CNN表示,这一时间早于预期。据无党派的美国国会预算办公室原本预计,如果国会没有及时提高债务上限,美国财政部将于9月30日结束前后“没有现金可用”。


债务上限是美国国会为联邦政府设定的为履行已产生的支付义务而举债的最高额度,触及这条“红线”,意味着财政部的借款授权用尽。

美国国会此前将政府债务上限设定为20.5万亿美元,并于去年2月通过法案,允许美国财政部“越线”继续发债直至2019年3月1日。

财政部的数据显示,截至今年2月11日,美国公共债务规模首次突破22万亿美元。


CNN报道称,自今年3月以来,由于国会迟迟未能提高法定债务上限,也未允许财政部越线发债,政府已经进入债券发行的暂停期,期间财政部只能使用“非常规措施”来移出举债空间。

另外,CNN也提到,本次债务危机,一部分原因也要归功于特朗普2017年批准的减税政策。由于减税导致的企业所得税收入不及预期,2019财年联邦总体收入增长不足3%,这也导致财政部无钱可用。


美国两党政策研究中心(BPC)7月8日预期,如果9月债务再次超过上限,国会议员没有做出相对应政策,美国政府很可能再度面临停摆的风险,也将为美元走势带来压力。

同时,美国联邦储备委员会主席鲍威尔今年3月在一次国会听证会上表示,美国政府债务违约将是“一件非常重大的事情”,后果严重,是不能被考虑的选择。


[Image: 1fd3b4d6640b952e2481f1cb96ad4256.jpg]

鲍威尔 , Powell



一大 原因是 两党斗争?




除了债务和税收疲软以外,CNN今年5月12日还发表分析指出,美国的本次财政危机,两党之间的政治斗争也是关键。


报道称,自今年3月以来,姆努钦一直在呼吁国会,关注债务上限问题,但议员们似乎“更热衷于讨论移民等热门话题”。


[Image: 3e353962ccb516bbd78d37361633cf40.jpg]

姆努钦


5月8日,众议院多数党领袖、民主党议员斯坦尼·霍耶表示:
“美国将不会逃避债务,所以我认为我们不该把它当做一个政治问题。

但是,我们必须避免美国政府在共和党的领导下,再度出现停摆的局面。”


5月12日,参议院拨款委员会主席理查德·谢尔比表示:
“我们现在是一个由三条腿组成的凳子(谢尔比此处使用的单词为stool,这个词同样有粪便的意思,观察者网注),民主党人把持的众议院,共和党政府以及共和党参议院,正是这些组成了我们这个凳子。”


共和党议员汤姆·科尔回应:
“我们必须跳出眼前的两党斗争,并把目光聚焦在管理国家之上。

现在,两党都认为他们能够达成协议,但我并不认为这能奏效,因为每次他们想这么做了,最后的结果都是政府停摆。”


在进入7月以后,姆努钦已经三次与佩洛西进行会谈,希望她能够帮助加速达成新的协议,以提高债务上限。

12日,佩洛西对记者表示,她还未阅读姆努钦的来信,但她知道债务上限即将到来,因此她将和姆努钦再度进行会谈。


=======================



.



12-7-2019 11:41 AM
JanitorPML said:
================


The financial education from Harvard U, NYU, Cambridge U, Columbia U, U of Toronto, Yale, Penn State or U of Penn, Stanford U, LSE, ... LME, CME, Uof Chicago, U of Kansas, Connecticut ... &

Drunk, R. Kiyo-Sake

is Owe someone's MONEY, DON'T REPAY the CREDITORs ... Big Grin over 15+ years ... and their I.O.U. still have high purchasing power of Credit cards $$$$$$$$$ .

To increase GDP = DEBT at all causes.

Increase INFLATION RATE ... Inflation is YOUR GOOD FRIEND !

Or use Negative Interest Rate Big Grin , ZIRP

And QE .... new USD, EUR, GBP, CAD Money Supply to enlarge 42% new Global DEBT size.



1.) But what is Positive Inflation rate ?
2.) But what is ZERO Inflation rate ?
3.) But what is Negative Inflation rate ?




Higher DOW Futures, Nasdaq Futures, S&P Futures ??? Bitcoin Futures / Options / Swaps , Forwards , REPOs , ...
Vanilla Mixed financial Structured products ... etc ?


=== Higher national's Credit Card limit !

Higher GDP size

but without repaying and reducing their NATIONAL debt size together with HIGHER
USD, EUR, GBP, CHF, CAD, AUD purchasing Power to foreign nations ?? ?


===============================




US Federal Reserve Note :


This Note is LEGAL TENDER for ALL DEBTS, PUBLIC and PRIVATE

In God We Thrust !





========================



Bank of England Pounds


I Promise To Pay The BEARER On DEMAND The Sum of .... Pounds.







========================






Governor Reserve Bank of Australia, Secretary to the Treasury,


This Australian Note is LEGAL TENDER
Throughout Australia and It's Territories





====================


Many US Fed, ECB, BoE, BoC, SNB, RBoA, ... Central Bankers, financial gatekeepers, Stocks and Real Estate speculators, Credit Rating Agencies,
Private banks ( GS, JPM, Citi, BoFA, Morgan Stanley, ... ) +

FDIC, Fannie Mae, Fraddie Mac,

NYSE, SEC, CME, CME Group, ICE, LSE, LME, LSE Group ...
LCH SwapClear, LCH ClearNet, ...


Builders and Commodity traders ... Fees collectors ... Real estate agents/brokers ... had demolished USA, EU, UK, Canada, Australia, Switzerland, GEF Davos, themselves and the rest of the World.

and their own World Reserve currency credentials + Credibility of 110+ years !



=====


Government Could Breach Debt Ceiling in September 2019,
Mnuchin Warns


7-12-2019



[Image: merlin_157694604_86ca07dd-d7d4-4041-8b12...&auto=webp]

Treasury Secretary Steven Mnuchin said that the government could run out of money in early September, 2019.

Anna Moneymaker/The New York Times



WASHINGTON
— Treasury Secretary Steven Mnuchin informed congressional leaders on Friday that the government could run out of money in early September 2019, pleading with lawmakers to reach a deal to raise the government’s borrowing limit before their August recess or risk a potentially catastrophic default.


Mr. Mnuchin, in a letter to leadership, said that while “it is impossible to identify precisely” how long the Treasury’s resources can last, updated predictions indicated that “there is a scenario in which we run out of cash in early September, before Congress reconvenes.”

“As such,” Mr. Mnuchin wrote,
“I request that Congress increase the debt ceiling before Congress leaves for summer recess.” ( Fiscal Cliff )


[Image: US-Gross-National-Debt-2011-2019-01-31.png]

He and Speaker Nancy Pelosi of California have spoken by phone multiple times this week, including a 20-minute conversation on Friday afternoon, about federal spending caps and raising the debt ceiling to prevent government wide spending cuts.

They agreed that they would most likely speak again over the weekend, according to a Democratic leadership aide.


“I am personally convinced that we should act on the caps and the debt ceiling,”

Ms. Pelosi told reporters on Thursday evening, in between phone calls with the Mr. Mnuchin. “Prior to recess.”


Negotiations between lawmakers and administration officials on Capitol Hill have intensified, as the threat of what could be a disastrous fiscal crisis grows closer.

There is little appetite for what could be a politically tense stand-alone vote to raise the debt ceiling, and lawmakers do not want to approve a stopgap spending bill that keeps the money flowing for a year but does not reflect Congress’s changing priorities.


But only a handful of working days remain for both chambers before the August break.

“I am very concerned that time is running very short,” said Senator Susan Collins, Republican of Maine and a member of the Senate Appropriations Committee. “The last thing I want to see is either a government shutdown or a one-year continuing resolution.”

The idea of a one-year continuing resolution, the congressional term for a short-term spending bill, has been widely panned on Capitol Hill, with 15 Senate Republicans sending a letter this month urging administration officials to avoid it.

But with divided government, the fate of a deal largely rests with Ms. Pelosi, who will have to wrangle the moderate and liberal factions of her majority, and President Trump, who has proved to be an unpredictable factor in spending negotiations.



Editors’ Picks

Need Etiquette Tips for Cannabis?
For Starters, Don’t Call It ‘Marijuana’ or ‘Weed’



Mad Magazine, Irreverent Baby Boomer Humor Bible, Is All but Dead
“It’s time that we got serious on a bipartisan basis to try to work this out and not have the kind of chaos that goes along with our inability to come together on these kind of important issues,” said Senator Mitch McConnell, Republican of Kentucky and the majority leader, at a news conference on Tuesday.

The federal government has already run a $747 billion budget deficit for the 2019 fiscal year, which ends in September — a 23 percent increase from the year before. That is an unusually large increase given the strength of economic growth.

In 2018 fiscal year, the Federal government budget deficit was above $1.1 Trillion.

Total personal and corporate income tax levels are down slightly from the previous year, Treasury Department statistics show.

Federal spending has risen — particularly for national defense and health care programs — and so have the interest costs on the growing national debt.

Those trends reflect Washington’s free-spending ways and the rising costs of an aging population as the baby boom generation draws Social Security and Medicare benefits.

Those dynamics have yet to prompt a renewed interest in the deficit, but they are intensifying pressure on lawmakers to raise the debt limit — or risk economic catastrophe if they do not.

A 2018 budget deal in Congress suspended the limit, which constrains the amount of money the government may borrow to continue paying its bills, until this past March 1.

Once that deadline passed, the Treasury Department was forced to begin employing “extraordinary measures” in order to maintain the borrowing needed to keep paying soldiers, issuing Social Security checks and otherwise funding the government.

Those measures include premature redemption of Treasury bonds owned by federal employees’ retirement accounts, borrowing cash set aside to smooth exchange rate fluctuations and stopping contributions to some government pension funds.

Mr. Mnuchin’s letter is a warning that those sleight-of-the-balance-sheet efforts cannot last forever.

When the Treasury Department runs out of them, it will not have enough money coming in to pay its spending obligations.

That would necessitate either sharp and immediate spending cuts, or a government default on some of its obligations — not paying workers, contractors, lenders or citizens it owes money to.

Economists generally warn that such a default would at minimum destabilize the economy and raise future government borrowing costs. In a worst case, it could shock the economy into recession.

But efforts to raise the borrowing limit have been tied up with broader budget negotiations.

Lawmakers in both parties want to set higher spending caps for military and domestic spending for the coming fiscal year, which begins in October.

If no agreement can be reached,
statutory, across-the-board spending cuts will slice through the government on Jan. 1, as the strict, austere spending limits set by the Budget Control Act of 2011 come back into force.

Democrats have insisted that domestic spending increases equal the military spending increases demanded by President Trump.

But some Republicans, led by the acting White House chief of staff, Mick Mulvaney, are resisting that demand.

That dynamic has kept budget talks in a stalemate for weeks.



=======





$747 billion deficit .... 2019

Coincidentally ... US Money Supply, M0 was decreased from $4.07 Trillion to $3.3 Trillion

= $750 billion ... US Money Supply Missing ! ???

$747 billion ~~ = = $750 billion US Money Supply ....


$700 billion 2019 Budget on US Defense/Offense Military Spending approval just before the Arizona, John McCain received BRAIN Cancer or Tumor.


============

US, India, Africa, Indonesia, UK, Europe, Canada, Australia, Sweden, Switzerland, Japan, HK, Taiwan

Their new birth rate would have to "decrease moderately" for the next 8 years until their finances are back in order.

Otherwise, debt would continue to pile up and poverty rate rising and wealth-gap would be widen again. and AGAIN !

=================


China stock exchanges at Shanghai & HK, Taiwan have to ban OTC derivatives and SEF transactions until the sky is cleared. ... maybe can start managing the risks !


======
China Financial Futures Exchange
Hong Kong Exchanges and Clearing
Shanghai Futures Exchange
Shanghai Stock Exchange
Shenzhen Stock Exchange
TMX Group Zhengzhou Commodity Exchange

Singapore Exchange, SGX

Taipei Exchange
Taiwan Futures Exchange
Taiwan Stock Exchange

====================






3 types of Gold tradings ...


1.) SPDR Gold Shares

= USA(GLD), Mexico(GLD),
Singapore(GLD 10US$), Japan(1326), HongKong(2840)



2.) Gold Bullion Securities

= Germany(GG9B), Netherland(GBS), Italy(GBS), UK(GBS & GBSS), France(GBS).


3.) ETFS Physical Gold

= USA(AGOL), Germany(VZLD), Netherland(PHAU), Italy(PHAU), UK(PHAU & PHGP), France(PHAU), Australia(Gold), South Africa(New Gold)


SGX is involved too in trading Electronic GOLD, (SPDR Gold Shares).

[ Singapore(GLD 10US$), HongKong(2840) ]

That means MAS Chief, Menon must be "layoff and terminated" due to his carelessness and accountability in endangering the CPF members !






======================================


US College Bubbles ; since 2012





-------------------
Quote
Users browsing: 1 Guest(s)


Forum Jump: