by JT Long
The Gold Report
In a volatile macroeconomic world, micro caps can offer some immunity as they move based on company news rather than front page headlines. But you have to pick your companies carefully. In this interview with Streetwise Reports’ Special Situations, Jim Collins, founding partner of The Portfolio Guru, shares the names of a handful of companies he found in his travels to the LD Micro Conference and beyond.
Special Situations: You’re a big fan of micro caps. Why is small better in a world that, according to your recent The Portfolio Guru Post newsletter, is experiencing weak global aggregate demand?
Jim Collins: I think small is better because small-cap company stocks move based on factors that aren’t necessarily driven by global macroeconomics. That is particularly important in today’s volatile market.
Continue Reading at TheAuReport.com…
‘Downside risk’ concerns led central bank to hold off raising interest rates
by Greg Robb
WASHINGTON (MarketWatch) — Turmoil in the stock market and concerns about China were pivotal in the Federal Reserve’s decision to keep interest rates near zero, minutes from the last meeting released Thursday show.
“Many [officials] acknowledged that recent global economic and financial developments may have increased the downside risks to economic activity somewhat,” the minutes from the Federal Open Market Committee said.
Continue Reading at MarketWatch.com…
by Dr. Richard M. Ebeling at the Cobden Centre
David Stockman’s Contra Corner
There is no way to describe current Federal Reserve policy other than as monetary confusion and misdirection. In a nutshell, Janet Yellen and the other members of the Fed’s Board of Governors have no idea what to do. Do they raise certain interest rates over which they have some direct influence? Do they keep them at their current rock bottom levels, as they have for the last six years?
On the one hand, government measured unemployment levels have fallen from their high of over 10 percent at the depth of the recent recession to 5.1 percent in September 2015.
Continue Reading at DavidStockmansContraCorner.com…
by Michael Krieger
The following is extraordinarily creepy and disturbing. It’s also extremely clever, from a jackbooted, fascist thug perspective. When massive censorship itself isn’t enough…
China’s plan to control the hearts, minds and internet connections of its citizens continues unimpeded. That’s the great thing about authoritarian regimes: rollout of mandatory programs is usually only a problem of logistics, not opposition.
The Chinese government has mandated a rating system for all of its connected citizens. It looks like a credit rating but goes much deeper than just tying a measurement of financial risk to a number. It’s a way of defining who someone in terms of the government’s desires and aims. And its desires aren’t all that honorable.
Continue Reading at LibertyBlitzkrieg.com…
by Michael Snyder
The Economic Collapse Blog
The warnings are getting louder. Is anybody listening? For months, I have been documenting on my website how the global financial system is absolutely primed for a crisis, and now some of the most important financial institutions in the entire world are warning about the exact same thing. For example, this week I was stunned to see that the Telegraph had published an article with the following ominous headline: “$3 trillion corporate credit crunch looms as debtors face day of reckoning, says IMF“. And actually what we are heading for would more accurately be described as a “credit freeze” or a “credit panic”, but a “credit crunch” will definitely work for now. The IMF is warning that the “dangerous over-leveraging” that we have been witnessing “threatens to unleash a wave of defaults” all across the globe…
Continue Reading at TheEconomicCollapseBlog.com…
by Dr. Paul Craig Roberts
Washington’s impulsive use of power is a danger to America and to the world. Arrogant Washington politicians and crazed neoconservatives are screaming that the US must shoot down Russian aircraft that are operating against the US-supplied forces that have brought death and destruction to Syria, unleashing millions of refugees on Europe, in Washington’s effort to overthrow the Syrian government.
Even my former CSIS colleague, Zbigniew Brzezinski, normally a sensible if sometimes misguided person, has written in the Financial Times that Washington should deliver an ultimatum to Russia to “cease and desist from military actions that directly affect American assets.” By “American assets,” Brzezinski means the jihadist forces that Washington has sicced on Syria.
Continue Reading at PaulCraigRoberts.org…