Warning Signs of a Market Top

By Rob Williams – Re-Blogged From Newsmax

Stocks this year have surged to record highs on speculation that President Trump’s push for tax reform will help to boost the economy and give corporations a chance to reward shareholders with dividends and buybacks.

But the strong gains shouldn’t distract investors from some worrisome signs that portend of a market decline, Albert Edwards, global strategist at Societe Generale, said in a Nov. 15 report.

“Investors are beginning to punish the corporate debt and equity of highly indebted U.S. companies,” Edwards said. “Excess U.S. corporate debt is probably the key area of vulnerability that could bring down the QE-inflated pyramid scheme that the central banks have created.”

Image: Albert Edwards: Watch Warning Signs of a Market Top
Albert Edwards (Societe Generale/Dollar Photo Club)
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To Counter China, India Pushes East

Re-Blogged From Stratfor

Highlights

  • China’s regional expansion in the Asia-Pacific will continue driving India into a security partnership with the United States and Japan as part of its Act East policy.
  • Barriers to market access will continue limiting the expansion of Indian trade with the Association of Southeast Asian Nations (ASEAN).
  • Fiscal and project management impediments will limit progress on India’s two key infrastructure projects in the northeast, thereby limiting its land-based ASEAN trade.

With its Act East policy, India is focused on strengthening its trade and infrastructural ties with Southeast Asia.

(BEYHANYAZAR/iStock)

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South China Sea Feud

Re-Blogged From Newsmax

President Donald Trump on Sunday offered to mediate in the South China Sea disputes, while his Chinese counterpart played down concerns over Beijing’s military buildup and the prospects of war in the contested waters.

Trump and Chinese President Xi Jinping spoke separately about the territorial rifts ahead of an annual summit of Southeast Asian nations that also includes the U.S., China and other global players. The disputes are expected to get the spotlight at the summit, along with the North Korean nuclear threat and terrorism.

The long-simmering disputes are one issue where the two major powers’ influence, focus and military might have been gauged, with the U.S. and China both calling for a peaceful resolution but taking contrasting positions in most other aspects of the conflict.

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International Robot Duel

By Kyree Leary – Re-Blogged From Futurism

In Brief

A giant robot duel between two teams of engineers, from the U.S. and Japan, has finally been set for October 17. However, the fight already happened to allow for repairs, meaning what’s presented on Twitch will probably be an edited version.

Transform and Duke It Out

Two years ago, a team of U.S. engineers going by the name MegaBots Inc. challenged their Japan counterparts, Suidobashi Heavy Industry, to a duel involving giant robots. After a lot of work and some back-and-forth between the two teams, the long-awaited duel will finally take place on Tuesday, October 17. It was initially set for sometime in August, but delayed for unknown reasons. We suspect it’s because robots take a long time to build and test.

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Stop hyping Harvey and Irma!

By Dr. Neil Frank, former Director National Hurricane Center

Re-Blogged From http://www.WattsUpWithThat.com

Over the past several weeks numerous articles suggest Harvey and Irma were the result of global warming. The concept is a warmer earth will generate stronger and wetter hurricanes. A number of people have said Irma was the most intense hurricane in the history of the Atlantic while Harvey was the wettest and both were good examples of what we can expect in the future because of global warming. What does a fact check reveal about these two hurricanes?

Irma was indeed a very powerful Cat 5 hurricane when it moved across the Leeward Islands and the 185 mph winds reported by a recon plane at 10,000 ft. were among the strongest recorded in Atlantic hurricanes. How does Irma compare to other intense Atlantic hurricanes? To answer that question, we must first look at the history of the methods used to determine the strength of a hurricane because it changed early this century.

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The Forthcoming Global Crisis

By Alasdair Macleod – Re-Blogged From http://www.Gold-Eagle.com

The global economy is now in an expansionary phase, with bank credit being increasingly available for non-financial borrowers. This is always the prelude to the crisis phase of the credit cycle. Most national economies are directly boosted by China, the important exception being America. This is confirmed by dollar weakness, which is expected to continue. The likely trigger for the crisis will be from the Eurozone, where the shift in monetary policy and the collapse in bond prices will be greatest. Importantly, we can put a tentative date on the crisis phase in the middle to second half of 2018, or early 2019 at the latest.

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Are Deflationary Forces Here To Stay

By Sol Palha – Re-Blogged From http://www.Silver-Phoenix500.com

Manufacturing output continues to improve, even though the number of manufacturing jobs in the U.S. continues to decline and this trend will not stop. While some Jobs have gone overseas, the new trend suggests that automation has eliminated and will continue to eliminate a plethora of jobs. As this trend is in the early phase, the momentum will continue to build in the years to come.

Machines are faster, cheaper and don’t complain; at least not yet. So from a cost cutting and efficiency perspective, there is no reason to stick with humans. This, in turn, will continue to fuel the wage deflation trend. Sal Guatieri an Economist at the Bank of Montreal in a report titled “Wage Against the Machine,” states that automation is responsible for weak wage growth.

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