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Kushner Family Tells Rich Chinese: Invest $500,000 and Immigrate to the United States

May 9, 2017

By EconMatters
 
I was debating whether to put this post on our sister site Asia Pop Culture, but decided EconMatters.com seems a more appropriate place.  
 
Washington Post journalists attended the last Saturday presentation at the Ritz-Carlton Hotel in Beijing saw and heard the pitch to the rich Chinese — They could obtain EB-5 investor visas to the U.S. if they invested at least $500,000 into one of the Kushner family’s development projects.
 
The presentation was reportedly delivered by Nicole Kushner Meyer, sister of Jared Kushner. As you know, Jared Kushner is the presidential adviser and son-in-law, husband of Ivana Trump.
 
Now what is EB-5 visa exactly? Wikipedia explains that the EB-5 visa provides a method of obtaining a green card for foreign nationals who can invest from

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No – The Oil Market Is Not Fixed! (Video)

March 7, 2017

By EconMatters

We discuss the API Report, and what it means for the Oil Market on Wednesday in this video. We blow through the previous Record High Oil Storage Levels Tomorrow!
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Two Thirds of Dow 30 Stocks in a Revenue Recession (Video)

March 5, 2017

By EconMatters

We go over the Dow 30 Industrial Stocks Income Statements and review their revenue growth or decline over the last 3 years in this video. The firms that have positive revenue growth, most of those are just barely positive over three years. Moreover, the energy sector is down almost 50% in revenues over three years, and CAT`s revenue decline is staggering given the opposite move in the stock`s direction. This market is in a massive QE inspired Bubble, and this is why the Federal Reserve is raising rates next week ahead of the Market`s expectations. They now realize the stock market is in bubble territory, and risks of a market destabilizing crash are greater than ever before right now.

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Rate Hike in 12 Trading Days (Video)

February 28, 2017

By EconMatters

It appears the Federal Reserve took notice of the overheated stock market and realized they really must be behind the inflation curve. You don`t reach year end targets in the stock market already at all-time highs and haven`t even gotten out of February, and not wake up and realize that you are way behind the asset bubble inflation rate hiking curve.
The Neutral Fed Funds Rate should be at 2.5 to 3% given the same historical comparisons in the employment data, inflation data, retail sales, consumer sentiment, PMI`s, auto sales, etc. and most importantly you don`t have the elephant in the room of a stock market bubble staring you squarely in the face. The Fed needs consecutive 25 basis point rate hikes at each of the next 3-4 FOMC Meetings.

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Interest Rate Differentials Increasing Financial Market Leverage To Unsustainable Levels

February 25, 2017

By EconMatters

We discuss the rate differentials between Switzerland, Britain, Europe, Japan and the United States and how this Developed Financial Markets carry trade is incentivizing excessive risk taking with tremendous leverage and destabilizing the entire financial system in the process in this video. You want to know what is behind weekly market records, borrowed money via punchbowl central bank liquidity. This ends badly every time Central Banks. You can run this model 1 Million iterations, and it plays out the same way, the financial bubble implodes in on itself where liquidity evaporates into nothingness. It is ironic that when the bubble pops, given all the Central Bank infused liquidity to create this bubble paradigm, that all liquidity dries up, and all the sudden there is no real liquidity at all in the system when everyone direly needs it!
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Conclusion:

Central Banks need a coordinated response to figure how they get out of this Developed World interest rate differential problem that risks blowing up the entire Global Financial System because of poor incentives in regards to promoting excessive leverage, poor risk management and imprudent investment decision making processes. My solution would be for the first four Central Banks to tighten Monetary Policy more than the US Federal Reserve.

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Pigs Waiting To Get Slaughtered (Video)

February 22, 2017

By EconMatters

We discuss the Stock Market Bubble is this video and provide some metrics to help the Federal Reserves Members spot the Bubble, since they seem to be having difficulty spotting the Bubble Market. The Fed should call an emergency meeting tomorrow, and hike rates the 50 basis points they were supposed to do last year, but passed on.
This Federal Reserve is the most clueless Federal Reserve in a long line of incompetent Federal Reserves. They have followed in the exact footsteps of the 2007/08 Financial Crisis Playbook, it is as if The Federal Reserve is trying to Destabilize the entire Global Financial System on purpose.
We are definitely witnessing the euphoric phase of the stock market bubble, because investors couldn`t be more blindly bullish than they are right now. This is the equivalent to the shoe shine story regarding the Market Psychology right before the 1929 Market Crash, clueless ebullience is off the charts right now in Financial Markets!
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Do you spot the Bubble now Janet Yellen? I will give you my person number, and I will be happy to walk you through it, so that you understand the magnitude of why this is the biggest stock market bubble of all time.

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At This Point – It`s Just Pure Gambling (Video)

February 16, 2017

By EconMatters

We discuss the recent market move in equities, what are the causes and future ramifications given the size of the move, and address viewer e-mails as well in this trading video. A lot of Investors are holding some pricy stocks in their portfolios right now.
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New Oil Inventory Record Tomorrow (Video)

February 15, 2017

By EconMatters

We check out the API Report leading into the EIA Oil Report Tomorrow, and it appears we will set a new Oil Inventory Record Tomorrow Morning. So much for those OPEC cuts; I would hate to experience where Oil Inventories would be without those vaunted OPEC Production Cuts!
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Goldman Sachs Stock Is Up 50 Percent in 6 Months (Video)

February 14, 2017

By EconMatters

We discuss some of the bullshit moves in the financials in this video; just pay attention to GS actual YoY Revenue numbers for their real sub par growth that represents the dead end financial universe these days. GS is a 12 p/e stock if there ever was one; alas the steepening yield curve myth and NIM flow through to the bottom line bullshit investing meme! Have you seen I-Bank Trading floors; compared to the Glory Days they have become ghost towns, and those Proprietary Trading Days are never coming back!
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The Debt Crisis Is Here (Video)

February 10, 2017

By EconMatters

We discuss how Donald Trump has illogical views in this video, on one hand he plans to lower Corporate Taxes, and on the other hand he argues against the perils of the ballooning National Debt. Donald Trump`s tax plan will add from 5 to 10 Trillion to our National Debt at a time when we cannot afford these policies. Ultimately, everything comes down to this crucial issue in economics and politics: Who is going to pay for it? The devil is in the details, and this is part of the reason Donald Trump is so vague in the details of his spending plans for growing the economy. His mouth ends up writing checks, that he as a citizen wasn`t even willing to fund by avoiding paying taxes for 18 years.
It all comes down to this basic point, somebody`s got to pay for all your plans Donald Trump, and we have already maxed out our credit cards in this country with 20 Trillion Dollars in a massive debt overhang right now. So again I ask: Who is going to pay Donald Trump? This is where the rubber meets the road, whether it is building a border wall, an infrastructure plan, or tax cuts for Corporations; those policies don`t pay for themselves. This is the bill of goods Donald Trump is selling, and I am not buying this snake oil.

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The Swiss National Bank Is Acting Like A Hedge Fund

February 6, 2017

By EconMatters

We discuss the fact that Central Banks have basically morphed into Hedge Funds with similar risky investing strategies, except they buy without any regard to the underlying fundamentals of the assets they are buying. When did the Swiss Citizens say it was the proper role for the Swiss National Bank to be buying US Stocks? How is this stimulating the Swiss Economy? Central Banks have really gone off the rails with regards to their Monetary Policy Tools.
This is clearly exemplified in what the Swiss National Bank is currently doing in financial markets, these bizarre overstretch of policies put the entire financial system at risk, and have resulted in massive stock market bubbles around the world. These Central Banks are not even investing based upon company fundamentals, just trying to square account imbalances in what has become the race to the bottom in the Currency Wars! We need to start having hearings on these matters because Central Banks have morphed into Risky Hedge Funds, well beyond their intended purpose of managing interest rates in the course of normal business cycles.

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The VIX Will Be Over 100 due to Central Bank Created Tail Risk

February 5, 2017

By EconMatters

We discuss the manner in which Central Banks have destroyed financial markets, and have the stage for what I label as the Red Swan Event in this video. When the Swiss National Bank holds risky Tech stocks in its portfolio, we are in unchartered territory!
We had the Financial Crisis of 2008, and instead of learning from the mistakes of incentivizing excessive risk taking, the Central Banks were allowed to buy outright assets without any formal authority, no checks and balances whatsoever, and have since destroyed the entire financial market system globally.
In short, Financial Markets are broken, any sense of properly pricing risk has been completely removed from the market, as such, risk has been distorted to such a degree, the future ramifications for financial markets, and financial market participants is profound.
Expect the VIX, to blow past the elevated levels that occurred during the financial crisis of 2008 in the 60 range, to well over 100, and even 200 is possible, maybe even 1,000. The Central Banks have no clue to what degree they have distorted financial asset prices, I can tell you my model stops at a 20 Sigma Event over the next decade.

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The Market Looks Tired Here and About To Roll Over (Video)

February 2, 2017

By EconMatters

We discuss the weak price action of the market, and we think the market is about to roll over and test the 2180-2200 area, we want to stay short into these levels, and see how stocks and the financial markets react to these levels from a stops evaluation basis. But this is our initial target, and markets oftentimes overshoot in both directions at key technical levels. Therefore we want to let the market tell us when to take profits on these trades.
But there has been a massive run-up since the Trump election, most of the big companies have reported earnings and frankly the run-up into earning`s doesn`t justify these moves in the market for most stocks. There are a lot of "Dogshit" companies that have benefited or were moved up into this rally that don`t belong at these levels, and investors don`t want to hold these stocks at these price levels in their portfolios.
And we haven`t gotten to the fact that the real market downside risk events are coming down the pike in the next couple of months, call it March with the Debt Ceiling Debate, and European Election News Cycle, not to mention Donald Trump has managed to single handedly alienate half the American and Global population in just his first two weeks in office, just wait until he tries the border tax, and starts a global trade war.

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Trading and Markets Video – What Has Worked So Far This Year (Video)

January 28, 2017

By EconMatters

We discuss what has and hasn`t worked so far this year from a trading and investing standpoint in Financial Markets, in short how to be like water, and what was the best way to have adapted to this current low volatility, high liquidity market environment. The shit will hit the fan sometime this year, with Donald Trump as President it is a given!
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20 Trillion in Government Debt Means No Lifeline for Caterpillar`s Declining Revenues

January 26, 2017

By EconMatters

The real problem for Caterpillar is that China is no longer going to build a new city every month, the commodity super cycles are over for a long time given the global debt overhang, and don`t expect Trump Infrastructure Projects to save the day for CAT, as the United States has its own debt problems to worry about which is unsustainable even at these levels.
We basically have gone from 8 Trillion to 20 Trillion in Government Debt since 2008, and it is the rate of change of this debt spending that is the real elephant in the room, and we are just coming up on the entitlement`s impact curve on our government debt obligations.
I feel for Trump because he has inherited a boxed in economic situation here, he actually wants to stimulate the economy through growth projects; but the previous wars, financial crisis, bailouts, and unwise and inefficient spending programs have made borrowing anymore money at these levels impossible, and Congress knows this fact!
They may try to go down this borrow and spending road but it will backfire bigtime on the Republicans. By my calculation the Democrats are going to benefit immensely from the fact that the shit is going to hit the fan during the Trump presidency and Republican controlled Congress from past bad governmental practices of what I call "Can-Kicking" and "Short Termism.

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Global Financial System Crash (Video)

January 18, 2017

By EconMatters

The entire Financial System is broke, EconMatters is downgrading the entire Global Credit Rating to Junk Status since none of the Rating`s agencies are doing their job right now, as governments all around the world have coerced them into not properly rating each country`s true debt condition and rating.
Look at how much each country (government) and central bank has levered up with doubling, quintupling, and in China`s case increasing their credit bubble by a factor of 30 times the pre financial crisis levels. The identifying markers of the coming debt Armageddon and global financial market crash are starting to surface and nobody is paying attention right now because markets are at all-time highs and everyone is high on the giddiness of their asset portfolios like Cocaine Bosses in Columbia before the inevitable Reckoning Day.
The entire Pension System, Bond Market, Stock Market, Central Bank Balance Sheet and Government Debt system is on the verge of systemic default, and is a fragile Ponzi Scheme right before the withdrawals start coming in, and the whole charade collapses in on itself.
The entire Global Financial System is built on Fraud, i.e., flawed and unrealistic assumptions that under no circumstances were rational, logical or financially sound policies.

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Nothing Has Really Changed in the Oil Market Since the 2014 Crash (Video)

January 7, 2017

By EconMatters

We discuss the EIA Weekly Oil Report, check out the Futures Market, and discuss the longer term outlook for the market given mature and declining demand in the developed world, massive supply potential to come to market, Electric Vehicle adoption, and slumping global demand due to the end of the current business cycle, and potential global recession over the next 16 months.
When consumers had the lowest gasoline prices since 2004 and Electric Vehicles had their best year yet, and Ford and Mercedes both have a fleet of new Electric Vehicles planned for production over the next two years, the Oil Market may be in a longer term secular downtrend with lower highs and lower lows being established over the next decade.

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The Entire Retail Sector is a Short (Video)

January 4, 2017

By EconMatters

The Retail Stocks are going to get obliterated come Earning`s Period in a couple of weeks, especially the Brick & Mortar Retail Stocks. I expect Sears Holdings to declare Bankruptcy officially within two years!
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Housing Market Analysis 1-1-2017 (Video)

January 1, 2017

By EconMatters

We discuss the Housing Market in this video by looking through a bunch of data, and possible future drivers for the Market both to the upside and downside. I have mixed emotions about the Housing Market in general.
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EconMatters Viewer Questions 1-1-2017 (Video)

January 1, 2017

By EconMatters

We go over some viewer questions that we received regarding financial markets over the last week in this video. The S&P 500 is the instrument you want to trade versus the Dow instrument, it provides for a balanced view of the financial market universe. Trading the Russell 2000 because you recognize a rotational play within markets is a different story, and in a big Risk-Off selloff the Nasdaq and the small caps will experience greater losses and vice versa in a Risk-On move to the upside, keep that in mind. But if you just have a general view on the markets play the S&P 500, it will spread your risk profile in a more balanced manner. Plus it provides the best liquidity for market participants.

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Palladium, Platinum, Gold, Silver, Copper, Bonds and the Dollar Market Correlations (Video)

December 19, 2016

By EconMatters

We go over some viewer questions in this video regarding trading theory, and then go over a question regarding market correlations of assets in the metals market. Blame the programmers for overly simplistic market correlations, they are just being lazy! But know the nuances of each specific market because you are giving away too much edge to just lump everything into general trade baskets.
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Wall Street is Overly Optimistic on Trump Presidency (Video)

December 16, 2016

By EconMatters

We discuss some of the challenges Donald Trump has had in his past with just making good solid decisions, let alone being the savior that is currently priced into financial markets for the US Economy. The Stock Market is setup for a big letdown in 2017 if past performance of Donald Trump regarding his competency at doing anything right is analyzed in depth.
I would really like to know how we are going to cut the corporate tax rate, and at the same time fund a large infrastructure project in a rising rate environment with a strong US Dollar and 20 Trillion Dollars in National Debt and climbing. Wall Street does understand that this is impossible and actually incompatible economic policy goals right?
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Tech Summit with Donald Trump Is Full of Shit (Video)

December 14, 2016

By EconMatters

These Tech CEO`s creating more jobs means more Foxconn manufacturing jobs to keep those corporate margins, and more H-1B Visas for programmers from low cost countries like India and Pakistan. Everything about this Tech CEO Summit with Trump is Fake as a $4 Bill!
Those of you who think Donald Trump is going to drain the swamp, just look at his daughter outsourcing manufacturing jobs and his Goldman Sachs Cabinet picks. Same old tune, just a different verse. Washington will be business as usual, Corporate Lobbying, Corporate Lobbying, and more Corporate Lobbying screwing consumers and job seekers along the way. Like I always say, when in doubt follow the money trail. It is always about money in the end!
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The Carry Trade and The Fed Rate Hike This Week (Video)

December 11, 2016

By EconMatters

We discuss the important event of the week in the Federal Reserve Meeting on Wednesday and its effects on the Carry Trade which has been so pivotal in this rally up in stocks. Do we get a buy the rumor and sell the news event, or does the US Dollar take the next leg up after the Fed Quarterly FOMC Meeting? And at what point does the strong US Dollar start negatively impacting US Multi-National companies from an Earning`s standpoint? Big week for currency traders this FOMC Meeting week!
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Go Long Oil Into OPEC Deal (Video)

November 18, 2016

By EconMatters

It appears things are coming together for an OPEC Deal in 8 days, the Oil Market is inching up, and we think it breaks out of the recent trading range next week to the upside. Iraq appears to be on board for an OPEC Deal as of Friday!
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Key Reversal Day in Oil Markets (Video)

November 15, 2016

By EconMatters

We discuss some oil technicals, and the upcoming drivers for some short covering ahead of contract rollover, and key OPEC Meetings and Production Cut Decision regarding the potential for Oil to have bottomed during this month long downtrend in Price. If OPEC Cuts the Oil Markets are Positioned Very Badly for said Event!

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Verizon, Bait and Switch Is NOT Nice

November 5, 2016

By EconMatters
 

EconMatters is a financial and investing site, but we do occasionally write about improper practices we observed or experienced in Corporate America, the job market, or in a regular consumer business like Favor Delivery, Comcast Cable (Nasdaq: CMCSA), or Fandango. In doing so, we also received quite a few reader comments to stop ‘whining’ and just ‘suck it up’.  

Sorry to disappoint but EconMatters still believes ‘Doing the Right Thing’ is important regardless of the actual monetary amount involved.  If we simply ‘suck it up’, the United States would still be part of Britain.  

 

Today, I’m going to talk about a personal saga of ‘Bait and Switch’ by Verizon (NYSE: VZ).    

 

Too Good to Be True?

 

I have two cell phone lines (on a Shared Plan) with Verizon for about three years now. Six months ago, i.e., in May 2016, I upgraded both of my phones to a newer model at a Verizon store.  The store sales person verbally told me my two lines qualify for an additional Verizon promotion of waived 2nd line access fee ($20 per month) for 12 months.  The sales person even talked to his manager on the phone in front of me to verify and confirm that I qualified for the discount.

 

I was on the fence about upgrading both phones at the same time due to the cost factor, while still evaluating options from other cell carriers.

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This is What The Market Wants To Hear Out of OPEC (Video)

November 2, 2016

By EconMatters

The last couple of weeks have not helped OPEC convince the Oil Market that they are going to be able to come together and make an organized production cut and tighten the oil market going forward.
Act like a Cartel for goodness sake, or just disband altogether because you are only hurting all of your group`s individual interests by internal conflict and constant bickering. I put together a roadmap for OPEC members to follow for this upcoming meeting.
All groups have internal conflict, but these conflicts are best handled behind closed doors, public airing of differences only serves to weaken the organization`s overall impact and influence on the market.
Even the Mafia realized the value of cooperation in benefitting everyone`s business interests as a whole versus the time and energy bickering and fighting each other over lower level disputes.
Iraq should think in terms of overall net oil revenues and not oil volumes because the goal is to make the most money for the country, and a tighter oil market with a much higher average oil price for the year brings in far more oil revenue than having slightly lower oil production numbers.

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An overview of Edge, Edge Dilution, and the Importance of Top Talent (Video)

October 15, 2016

By EconMatters

We discuss some market theory, the revolution happening right now in financial markets, and the important metric of return on invested capital in this video. A sure sign that markets have passed you by is utilizing Alpha and Beta terminology.

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