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My Deadline Has Arrived. But There’s Still Hope for All You Bears

Back on June 22, my post ran with the headline, You Have Until July 10 to Prepare for The Collapse – Here’s What to Do.

Since then the S&P 500 has rallied from 2754 to 2794, a gain of 1.1%. It seems like a lot more doesn’t it?  That’s because it dipped a bit early in the period. Since closing just below 2700 on June 28 the SPX has risen a hearty 3.5%. The rally has been relentless, casting a pall over bears, and further cementing the complacency of bulls.

But despite these rallies, I’ve put together a variety of reasons why we probably shouldn’t be losing sleep over it… Although that’s easier said than done!

The post My Deadline Has Arrived. But There’s Still Hope for All You Bears appeared first on Lee Adler’s Sure Money.

Why China Is Losing the Trade War

The brewing trade war between China and the United States may already have a deadline.
Thanks to one particular event, Chinese President Xi Jinping may quickly be running out of road.
Check it out…
Tags: China

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When Sentiment Shifts

Like all sentiment surveys, Germany’s ZEW is susceptible to overzealousness on the part of the survey participants. The Zentrum für Europäische Wirtschaftsforschung is a think tank located in Manheim that has since 1991 carried out this broad questionnaire. Up to 350 analysts are included in the panel, each working at a bank, insurance carrier, or…

Gov’t Gone Wild! Illinois Pension Benefits Have Grown 6 Times More Than Total State General Revenue Growth (236%)

We already know that the US Federal government is spending (and borrowing) at unsustainable rates. Much of the growth in Federal spending is due to Medicare and Medicaid. Although defense spending is no slouch. But State governments are no pikers at spending either. Or at least promising pensions to public sector workers.

When Collapse Goes Kinetic

I suppose many who think about the prospect of economic collapse imagine something like a Death Star implosion that simply obliterates the normal doings of daily life overnight, leaving everybody in a short, nasty, brutish, Hobbesian free-for-all that