Eco/monetary news n°32> Dividends and buybacks are coming back in the United States and Europe
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Europe allowed companies to resume dividends and buybacks in December 2020 but they set limits and the ECB "ECB calls on banks to refrain from or limit dividends until 30 September 2021". They might have eased it but I cannot find a source, I just know that Banque of France president was agreeing a few weeks ago with people calling for the end of restrictions. otherwise it will be by September.
The United States, this week, allowed buyback programs to resume. The Nasdaq website has a 1 line article about it but only about banks. Seriously it's hard to find sources about the subject. Some would call me a conspiracy theorist. I get called so when I have ample proof so here...
In any case companies are apparently sitting on a pile of cash and the stock market has rallied without buybacks, the biggest price support of the last 10 years, and companies have put their "buybacking" to the side for over a whole year. When that money pours in... It's going to create an upwards storm. Haha and to think 85% of FXCM clients are still short, and are actually adding now that the price is going higher!
I do not think they know the IQS of their clients, but could we ask them their socio-economic background? Journalists, sociology and economics college professors, boomer state worker leeching taxpayer money, burger flippers and unemployed welfare recipients?
> Record everything in stock markets including retail fomo & fx traders short selling
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While FX brokers continue to publish their short term traders positions which are around 85% short, the S&P 500 breaks record after record.
Yesterday the S&P 500 was at its highest level in history, again. According to TD Ameritrade saw the biggest influx in investors ever, it started recording it in 2010. According to Bloomberg the indice had a record run, the longest streak since 1997, and retail investors poured in. "Whether they'll stick around when volatility inevitably resurfaces remains to be seen". I already know the answer to that question.
The New York FED "Expectations of higher stock prices" number is at its average of 40% close to where it has almost always been for the last 7 years. Investors are worried about a covid wave and I think that's all. They can always panic sell on the way, but if something real happens, by the time it reaches the donkeys brains I'd have sold long ago.
> Western politicians are refusing to return their covid emergency powers
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Several politicians have declared they had no plans, or saw no reason, to relinquish their emergency covid powers.
The same, and others, have also ignored CDC guidelines as well as the WHO recommendations about re-opening and granting freedoms.
Noooo how could be possibly have seen this coming? There was absolutely no way to predict this would happen!
It's only going to get worse. Look at Ivory Coast investors ~20 years ago. I think they invested in the sugar industry a lot.
I think investors in the UK take into account this kind of risk, but US, French, and probably Germans too have an ideology and separate politics from economics. And they're always all in complete denial. Well, just wait and see. Better keep an eye open for certain keywords "outlaw buybacks", "capital controls" and so on. You want to get out BEFORE.
> Turkey central bank governor found to have copy pasted central bank report in his thesis
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I am crying. The previous governor got replaced after hiking interest rates from 17 to 19% in the pyramid scheme country, something Erdogan dislikes because it gets in the way of him stealing the people's money to pretend there is growth.
So the new guy took office Şahap Kavcıoğlu, and a few weeks later he ends up under investigation because they found this irl griefer shamelessly copy pasted, in his thesis in 2003, entire blocks from a central bank report of 2001.
You know when I copy paste bloomberg first I only take a sentence, then whether I copy paste the whole thing or write it with my own words I say "according to Bloomberg" or something. This guy takes entire sections with no source whatsoever and just claims it as his own "oh boy that was some hard work".
It's not the first time! A previous governor, in 2019, faced similar accusations.
Can you guess what he hadn't done his own research on and simply copy pasted? The part about INFLATION TARGETING. I am actually crying.
> ECB aims for 2 percent inflation target and focusses on changing climate change
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When asked if they wanted to allow it to go higher because it was below target for a while they mumbled something incoherent.
Are they following the FED & Yellen guidelines? No one knows. They are in a sea of lies they don't even know themselves anymore.
All I can say is we will see. The USA still want to fight a stock market crash because Hitler and Germany wants to fight inflation because Hitler and the ECB continues to pull away from the post-war Bundesbank dogma. There are hints they are open to "easy money" and no surprise here German officials think so.
Hey, let me quote from Bloomberg: "Officials from Germany in particular easy money that undermined the postwar inflation-fighting on which the ECB was modeled as a condition for the country’s participation in the euro.""
After Brexit and before Frexit (cucks) Germanyxit? Diverging visions, goals, and interests.
I think the Brussels unelected globalist ideologists want to fire the money bazookas with the USA, but the Germans still don't want that.
And since the EU is (now) centered around France-Germany plus Germany is a huge net contributor.
Without the UK, Germany is responsible for HALF of the net contributions to Europe, with the UK 41%.
By 2011 France (nb 2) "only" contributed for 17% (104 billion), lol 104 billion, they did more than half that in 2020 alone.
The covid EU budget was one of the greatest "redistribution of wealth" in history, directly from german and french workers to EU unemployed.
By 2011 Italy contributed a significant 12% but I doubt this is the case anymore.
By allowing their country to get destroyed one may say they contributed 100%.
The UK cut their losses just in time, while France & Germany will be the suckers for the rest of eternity.
Meanwhile Romania and Slovenia have better or close to as good standards of living.
Hey, and these astonishing net contributions are GIFTS. Does not take into account the hundreds of billions in "loans" the 2 pigeons have made to countries like Greece that will NEVER pay back. I'm dying 🤣
www.aalep.eu
> Yay crypto adoption: China shuts down yet more digital currency competition
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Man I told these Bitcoin donkeys countries would never adopt their risible ponzis and would just make their own digital currencies.
What do they have in the head seriously? Paté?
In a statement on July 6, the PBoC announced it ordered Beijing Qudao Cultural Development, a firm providing crypto trading software, to shut down its operations.
Ah but this is anecdotal, and surely these guys were doing something fishy right? Doesn't prove anything. Yup. They were doing something fishy.
Here is the reason given as to why they got shut down *clears throat* "suspicions of being involved in crypto-related trading" (he proudly said).
There is no interpretation possible, they could not be more clear. I wonder how crypto gamblers will weasel themselves out of that one.
Dividends
The United States economy is a powder kegI found a theory on the internet explaining how the FED is likely to be stuck with inflation: no way out. The author explains that since the FED is playing a game of push and pull with QE and their Reverse Repo Program, it needs to keep rates down. Otherwise money that they have thrown into markets with QE, and that Peter Schiff predicted would cause inflation, but hasn't, because they pulled it back, yes that money, it would actually have somewhere else to go (they would not be able to pull it in) and therefore create inflation. As long as that "money" was not being spent obviously it created no inflation.
So precisely their tool (interest rates) to fight inflation would "open the floodgates" and create even MOAR inflation! There is about $1 trillion sitting around just waiting to get spent. And it does not end here, I can add to this theory that higher rates would basically destroy the US government: The national debt is now at 128% of GDP, or 28.5 trillion usd! It was at 53% in 1960, 35% in 1980 back when there was big inflation and big rates as a result, and 55% in 2000. The government can't pay its debt even if it taxed "the rich" - these magical beings that are said to have the power to solve everything with their infinite money - at a rate of 9000%.
Higher rates would create huge deficits, and how do they always deal with those? MOAR QE! And that QE money would go where? MOAR inflation. And how would they fight inflation? MOAR rates. And what do these cause to go up? MOAR US national debt repayments. And how do they solve this? MOAR QE! Even if people are incentivized to save their cash rather than spend it (including in stocks and real estate) they'll never save 100% of it, so at least some of the QE will create inflation.
Much of the money the US owes is owed to boomers, it's their retirement fund, and they are not going to save it for their old age now, they will spend it.
A major obstacle to fighting inflation is QE, if they want to stop or slow rising prices and they cannot pull back let's call it the "surplus" of what they print they have to stop pumping out monopoly bills. But not only do these magic beans printed out of thin air support the US government, they also support the stock market. And there is 1 thing the US fears more than high inflation it is a stock market collapse. Because they believe that bad things happen when the stock market jumps down. On the other side of the pond Germany does not care much about their stock market but are terrified of inflation. They can't both be right, clearly they are biased, but the truth does not matter, what the FED and other people in charge believe is what matters.
Value investors won't support the stock market or real estate at these stupid prices. Retail gamblers are irrelevant trolls and make bubbles even worse. Only reason stocks go up other than QE is all the buyback programs. Maybe buyback programs could be enough to keep the stock markets from falling? Only one way to find out. I don't think they want to find out. With retail recently entering into the game and gambling their QE stimulus checks, it could be too much for buybacks to support alone, because yes they would be alone since retail would stop getting stimulus checks, unless the government takes even more debt which is even worse. Either way... Checkmate.
Bad things happened in 1929 after the stock market crash. Back in 1929 Germany relied on the USA, today half the planet does. African presidents are already antisemitic and openly admit gays disgust them, so what could possibly go wrong? Islamic terrorist organisations are licking their lips and prediction the US collapses soon (and will stop getting in their way). Americans never want to go through a depression. So they will continue to "support" the economy. But that which "worked" in 2009 is not working anymore. A few credulous clowns believe the "transitory" lie. Lol. Come on.
Americans (the bankers etc, the ones in charge) believe in progress and so on, and that bad things happening are a coïncidence and that everything will be fine eventually, but the rest of the world does not. Russia which is abandoning the USD says the USA is behaving in an "absurd" manner and reminds them of the last years of the Soviet Union. They are motivating other small countries to follow them and also a big one, China, that was already worried and started trying to move away from the USD. In 2020 China started plans to create a south asian economic zone that would not use the USD.
China is economically "taking over" Africa, and Russia is making military successes and kicking out France, an obscure US unincorporated territory.
10 years ago Washington and Paris killed Gaddafi and destroyed Libya after he started a rivalry endangering the US dollar and the CFA Franc as well as the west influence more generally. But good luck kicking out Russia & China like they did with Libya.
The 15 African countries (150 millionish people) using the CFA Franc are moving to "Eco" (Although I think it will still be pegged to the Franc hence the Euro, at least for a time). The USA, and France are now shouting "Hurray" in a spirit of decolonialism and anti-racism. It was first announced and celebrated 6 years after Ghadaffi death I think. Damn, so much for that. Only a matter of time till Africans get rid of the american pyramid scheme. Poor broke countries like Angola are net exporters and USD bagholders. They're not big, but there is a lot of them, and their small GDP does not reflect the cheap labor and cheap raw materials the west gets from them. Goodbye colonial currencies. It already started with the Franc CFA. The USD is next. And soon. I mean China panicked and almost ran away for the exits last year, and now things are worse.
East Asia and Africa are as good as gone. Mexico and West Europe are the USA dogs. South America is America baby factory. Russia influence in east Europe, the caucasus and central asia is heavily challenged by the west, although west Europe going full covid fear mode and the USA pulling out of Afghanistan will give Russia more breathing room to do what they did in Georgia and Ukraine. The west heavy pressure on Russia, part of the reason why they went to Africa kek.
China built its economy around copy pasting western factories and ideas, and exporting to the USA.
But now the west top ideas are "put toilet paper mask" or "trust spaceX what a surprise they didn't deliver let's rent form the Russians again", they are laughed at by the whole world, their "science" is pathetic and China is even conquering space. China has this east asia economic area thing, their OBOR/BRI project, and Africa for trade in general (getting what they need and sending what they make and economic incentives). It's a big continent, poor, but lots of potential. West Africans have a history of long distance trade due to their geography/isolation. Young South African countries like Zimbabwe can't run an economy but China can (sort of) and colons already showed what is possible.
The west is shrinking, and the rest of the world just doesn't need them, they don't need the USD. The exporting of inflation comes to an end.
Long term perspective for BTC,USD,GOLD.According to a prediction, economical bazzars will suffer a big loss around 20% if there will be no good programming for this problem.(Mark Zandi, one of the greates economists of USA).
Also, Jim Cramer( A great writer and investor from USA) has mentioned that he was wrong to say to the people choose 10% of your investment as pure gold and instead, they have to divide it between gold and btc equally.(5% for gold, 5% for btc). From this decleration we can realize that gold has not its previous value and strength or maybe the price of the gold will suffer a loss. On the other hand, btc will find a legendary price in a short future.
About China's major impact on BTC, it should be mentioned that it's nothing but a devil way that they have chosen to hit world's big investors assets and cross their opponents easier.(As they spreaded COVID-1 9 and gave a mortal wound to the economy of the world).
By reaching to the threshold of the sell which is around20-24k, then there will be no major impact of any
bad fundamental news on this digital coin.
Finally, A suggestion, Calm down! And just concentrate on setting some buying orders around 20-25k.
Buy in 3 steps and just leave it to get multiplied to 10 after some years.
Good luck.
#HEX versus #BITCOIN again.. has outperformed #BTC consistentlyBUY
BUY
BUY
STAKE to Earn more HEX
pretty simple
Long term BearishFundamentally, the USD is very strong considering the United States progress on vaccination. This is why i consider the 1.21546 psychological level as the point where the massive fall will begin, the market is ready to take out gullible traders out. The mentioned level is the ideal point. Consider a lose in bullish momentum and a begin of a bearish momentum at that level before u enter, (bearish reversal candlestick pattern)
#BTC & #CRYPTO tanks #HEx is a safe store house of valueEver since I got into HEX
my stress levels have plummeted.
Crypto is stressful!
IDC what anyone says.
I'm sorry
I know it sucks,
when the things we love dump.
NOT giving up on $100k BTC... but goddam we are going to have to work for it right.
~ Balla Ji
156 SATOSHI's when #BTC dumps #HEX often goes UP :)A yielding #financial product
That encourages private Key ownership
and PAYS u TO store your VALUE
you should have some exposure, no?
In your #crypto portfolio.
Apple Market Cycle TOP!!My point of view for what it's worth..
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TA= on the H1, H4, D at lower BB just holding on.
MACD= BEAR, worse on the weekly, daily.
Stoch= BEAR COSSED on the daily, about to on the Weekly.
BIG GAP AT 90$ needs to be filled. test lower weekly BB.
Market Cycle top in distribution phase. plateau
Logistic curve top.
do your on FA if you really don't understand.
I'll give you :
7nm(A13) EOL
CHIP SHORTAGE!!!
market saturation
dividend increases ..
just need the silver sparrow( unknown fundamentals) to really kick it off, but it will not take much now.
Adam
looks like we challenge the old highs of #HEX vs #BTCor we blow on right through?
we shall see
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HEX HITS A NEW ATH TODAY... OFTEN DOES WELL WHEN #BITCOIN DUMPSYAY FOR US #HEXICANS
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APY ~ 37%
on contracts that are staked for 5 years
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Oil is back to 2019 levels. Brigham Minerals will catch up next.Brigham Minerals invests in royalties so it has high margins even when oil prices are low. The company had good timing to go public in 2019 and use the proceeds to pay off debt so it can now acquire mineral rights from larger companies that need to de-lever. I think MNRL will ultimately get back to 2019 levels (over $20) and in the meantime it offers a 6.6% dividend.
AUDJPY SellBank of Japan Governor Haruhiko Kuroda will hold a press conference about monetary policies in Tokyo. Mr Kuroda exercises general control over the Bank's business today. The end result will cause a big move in this pair. If this zone is not broken, there is a great chance the lows will be retested before breaking the highs and creating a bull flag.