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Hometown: New Mexico
Member since: Mon Dec 1, 2003, 02:42 PM
Number of posts: 20,079

Journal Archives

Trouble ahead? What 4 recession indicators say about the economy

A recession doesn’t appear imminent, but the U.S. may be entering the late part of the economic cycle

After a stellar 2017 on Wall Street, many investors have resigned themselves to the idea that future returns might look a lot less exciting than what’s been experienced in recent years.

The S&P 500 SPX, +0.44% is looking at a gain of about 20% for the year, its best year since 2013, and that rally has raised some concerns about the market being overvalued. By one analysis, U.S. stocks are more expensive than other closely watched markets like Europe or emerging markets—which don’t look particularly cheap themselves—and based on the relative strength index, or RSI, the S&P is at its most overbought level in 22 years. RSI’s are one measure of asset-price momentum.

Read more: Stock optimism swells as S&P 500 hits most overbought level in 22 years

However, there is a difference between meager—or even negative—returns and a recession, sometimes technically defined as two consecutive quarters of economic contraction. (Economic growth has averaged 2.5% in the first three quarters of 2017.) While the bull market may struggle in 2018, and volatility is expected to rebound from record-low levels, the good news investors is that such an economic contraction doesn’t appear to be on the horizon.

Austin Pickle, an investment strategy analyst at Wells Fargo Investment Institute, named four “recession indicators,” that can help predict whether the economy might be headed for a downturn. “Currently, they are all in agreement, with data signaling that another U.S. recession is not imminent,” he wrote in a note to clients.

The four indicators include: the stock market, the ratio of copper prices to gold prices, the yield curve, and an index for leading economic indicators.

1). Rallying stocks



Report: Trump Fulfilled Incest Fantasy With Porn Star Stormy Daniels

Family values: Porn star Stormy Daniels says President Trump told her she was “just like his daughter” Ivanka.

In a disturbing report, Porn star Stormy Daniels tells In Touch magazine that Trump had an affair with her right after his wife Melania gave birth to their son Barron.

In fact, multiple media reports indicate Donald Trump paid porn star Stormy Daniels $130,000 in 2016 to keep silent about a sexual affair the two had more than 10 years ago. The payoff came right before the 2016 presidential election.

Daniels (given name: Stephanie Clifford) told the magazine that Trump said she was “just like his daughter” Ivanka.

Discussing her sexual affair with Trump, Daniels told In Touch:

We had really good banter. He told me once that I was someone to be reckoned with, beautiful, smart, just like his daughter.

Reporting on the story, Spin Magazine notes:

Our now president reportedly comparing a woman he was allegedly sleeping with to Ivanka is just another creepy addition to his long history of going out of his way to sexualize his daughter.

More: http://www.patheos.com/blogs/progressivesecularhumanist/2018/01/report-trump-fulfilled-incest-fantasy-porn-star-stormy-daniels/

Huff Post has a nice piece on Booker's exchange. It's even better than the twitter clip


Metro Detroit father deported to Mexico after 30 years

Too old for DACA, man who spent 30 years of his life in U.S. is deported

DETROIT — His arms wrapped around his wife and two teenage children, Jorge Garcia's eyes welled up Monday as he looked into their eyes one last time near the entrance to the airport security gate.

His wife, Cindy Garcia, cried out while his daughter, Soleil, 15, sobbed into Garcia's shoulder as they hugged, with two U.S. Immigration and Customs Enforcement agents keeping a close eye on them.

After 30 years of living in the United States, Jorge Garcia, a 39-year-old landscaper from Lincoln Park, Mich., was deported on the Martin Luther King Jr. holiday to Mexico, a move his supporters say is another example of immigrants being unfairly targeted under the Trump administration.

More: https://www.usatoday.com/story/news/nation-now/2018/01/15/deported-after-30-years/1034668001/

Arctic Sea Ice Minimum Volumes 1979-2017

What about Norway?

What about Norway?

Trump insiders afraid for the country, says Michael Wolff

Wolff suggests Trump insiders also think Trump's finances are a bigger problem for the family than Russia.

Bulls are apparently not threatened by anything below eye level

This probably doesn't belong here and if it gets locked I am cool with that but I had to share this because it's dam funny!

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