Money – Week Of September 15, 2019

CS updates our site posts through each weekend, and other times as necessary. Please check back frequently for updates on postings.

After 3 Years of consistent reporting, CS will be taking a hiatus following our September 15 update through October. Please Bookmark our site and check our Spiritual Life page and our Facebook Page for weekly updates and our Home Page for other updates during this time frame.


One Minute With Trump: I Would Consider Interim Trade Deal (video, left), Fox Business

One Minute With Kramer: Is The Market Overbought And Should We Be Nervous? (video, right), CNBC

3 Powerful Reasons The Stock Market Is Headed Higher, Howard Gold, MarketWatch

Mortgage Rates Have Jumped This Week – But Could They Soon Fall To Zero? Jacob Passy, MarketWatch

Bitcoin Stable As Coinbase And Ripple Crash Out Of Start-Up Top 10, Billy Bambrough, Forbes

Crypto Prices And Market Cap 9/12/19

Salary Required To Buy A Home In U.S. Cities, 2019

Bitcoin Price Steady Above $10K As Binance Coin Tumbles On US News, William Suberg, Cointelegraph

History Favors The Bulls As Bitcoin Trades Sideways At $10,000, Omkar Godbole, Coindesk

This City’s Real Estate Market Is Least Likely To Tank During Next Recession, Jacob Passy, MarketWatch

Also, See List of Risk Of Downturn In 50 US Cities Here

One Minute With Kramer: Investors Mis-Read Markets – China Trade Rumors Effect On Markets Explained (video, left), CNBC

Key Takeaways From Apple’s New iPhone Launch (video, right), Bloomberg Technology

Ray Dalio Sees 25% Chance Of Recession In 2020, Bloomberg Markets And Finance

It Took Warren Buffet 20 Months To Sell His Home – How To Avoid The Same Fate, Passy/LaMagna, MarketWatch

US Bond Rates Last 100 Years: 1920 To 2019

Potential Black Swans That Could Give Markets The Most Worry

Why Ray Dalio Thinks We’re In The 1930’s, Yahoo Finance

9 Facts That Will Make You Think Differently About Wealth: How Millionaires Got Rich, Tanza Loudenback, Business Insider

Bitcoin Fundamentals Remains Strong As Markets Stagnate, Charles Bovaird, Forbes

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Editor’s Choice


Must See – Hurdling Towards Another Financial Crisis Driven By China: Steve Bannon With Kyle Bass 1 (video, left), Real Vision Finance

Must See – What Are China’s True Intentions? Global Dominance – And US Corporations Are Helping Them, Steve Bannon With Kyle Bass 2 (video, right), Real Vision Finance

You Now Need $350,000 To Live A Middle Class Life In A Big City, Sam Dogen, CNBC

Also see, This Budget Shows How $350,000 Barely Qualifies As Middle Class, Shawn Langlois, MarketWatch

Quote: “The median household income in the U.S. is $57,782, with places like San Francisco and New York City showing medians income for a family at $96,265 and $79,781, respectively, according to the U.S. Census Bureau.”

Must See – China’s Strategic Next Step Is To Get Trump Out, Steve Bannon With Kyle Bass 3, Real Vision Finance

Must See – Where The Next War Will Start And With Who: What Trump Should Do Now, Steve Bannon With Kyle Bass 4, Real Vision Finance

How Much Money To You Need To Retire At 55 And Live On Investment Income Until You’re 90? Tanza Loudenback, Business Insider

China Has Added 100 Tons Of Gold To Reserves

Survey: 40% Of Millennials Look To Crypto In The Event Of Recession, Ana Alexandre, Cointelegraph

Why Billionaire Ray Dalio Loves Criticism And Says That You Should Too, Karen Gilchrist, CNBC

The Life Rule Ray Dalio Taught His Sons About Success, Jade Scipioni, CNBC

Top 10 Crypto’s All Below Their 200 Day Moving Average – Except Bitcoin, Sebastian Sinclair, Coindesk

Cryptocurrency


This Week: 

Bitcoin Stuck In A Range – To Face A Downward Break, Support At 200-Day MA (video, left), Crypto Markets, Cointelegraph

Crypto’s Next Stop Is $14,400 – Can We Bury Alt-Coins? (video, right) Crypto Trader, CNBC

Why Stellar Is Giving Away $124 Million In Cryptocurrency, Benjamin Pirus, Forbes

Crypto Market Cap Top 5 Coins, 9/14/19

The Future Of Cryptocurrencies, Ksenia Semenova, Stratfor

Binance US Will Open User Registration Next Week, Joeri Cant, Cointelegraph

Trading Bitcoin Is Hard – 10 Things Every Beginning Trader Needs To Know, Scott Melker, Cointelegraph

Top 3 Coinbase Alternatives, Rajarshi Mitra, Blockgeeks

Previous Weeks:

Billionaire Investor Eyes $1 Billion Crypto Hedge Fund, Daniel Kuhn, Coindesk

This Blockchain Executive Thinks We’re Seeing A Bitcoin Revival, Justin O’Connell, Forbes

Trade War Driving Chinese Investors To Bitcoin? Daniel Palmer, Coindesk

Stop Obsessing About Price, Bitcoin Today Is Stronger Than Ever, Tomer Federman, Medium

Mark Mobius Warns Bitcoin Is Not Bulletproof, Maggie Fitzgerald, CNBC; Also see, Bitcoin Warning: Serious Security Weakness Uncovered, Billy Bambrough, Forbes

The Three Largest Cryptocurrencies, Jill Mislinski, Advisor Perspectives

BTC November 2018 To September 2019

Bitcoin Falls Below $10,000, Rising Back Over $9.5K 8/30/19

Ethereum Tied To Bitcoin? Libra At Risk? Outlook For September (video, right), Cointelegraph

The Teenager Who Made Millions On Bitcoin Is Staking It All On This Obscure Token, Colin Harper, Venture Beat; Also see, What Is Metal? A Beginner’s Guide

Bitcoin’s Bulls Now Have Target Of $13,200 Monthly Charts Suggest, Tomorrowland, Medium

Bitcoin’s Risk-Adjusted Returns Superior To S&P 500 And Gold, Charles Bovaird, Forbes

Bitcoin ETF Still Coming As SEC Concerns Largely Solved, Marie Huillet, Cointelegraph

Major Cryptocurrencies January 2016 Thru September 3, 2019

Bitcoin 2014 To 2019, 9/11/19

Bitcoin Suddenly Under $10,000, Next Critical Time October – Here’s Why, Billy Bambrough, Forbes

This Crypto Is Worth Less Than 1 Cent. Venture Capitalists Are Betting On Its Future. Leigh Chen, Coindesk

The Art Of Bitcoin Option Trading, Cointelegraph

Facebook Warns Investors That Libra Currency May Never See Light Of Day, Salvador Rodriguez, CNBC; Also see, The Hidden Gem In Facebook’s Libra Blockchain Whitepaper, Tomer Federman, Medium; Also see, As Facebook Struggles For Blockchain Support, A Truly Decentralized Challenger Emerges, Steven Ehrlich, Forbes; Also see, Facebook’s Global Coin Will Launch In 2020, Michael K. Spencer, Medium; Also see, Massive Crypto Exchange Binance Offering Margin Trading ‘Soon,’ Wealth Management; Also see, Binance Bets The Farm, Daniel Arnoff, MIT, Medium; Also see, We’ve Had Private Currencies Like Libra Before. It Was Chaos, MIT Tech/Medium

CS Commentary: Interesting perspective, particularly on China and cryptocurrency, but we don’t agree with the conclusion that Binance is in danger of losing its business because its separating exchanges.

Blockchain adoption is on the verge of early majority in the adoption cycle.

2019: The Year Of Mainstream Cryptocurrency Adoption (see chart left), Crypto Scientist, Medium; Also see, The Miami Dolphins Now Have An Official Crypto – It’s Litecoin, Daniel Palmer, Coindesk

Bitcoin Investors Are Not Just Crypto Enthusiasts, Samuel Steinberger, Wealth Management

With All Eyes On Bitcoin, Another Crypto Is Up Over 800% In 2019, Kyle Torpey, Forbes; Also see, Altcoin Phenomenon Finished, Value Will Flow To Bitcoin, Ana Alexandre, Cointelegraph

Bitcoin Rally Pre-Thanksgiving To Christmas 2017 – Will We See A Repeat?

New Research Shows Why Bitcoin Price May Skyrocket Later This Year (chart, right), Kyle Torpey, Forbes

The Overlooked Reason The United States Would Struggle To Ban Bitcoin, Kyle Torpey, Forbes

The Real Reason Ethereum, Ripples, XRP, And Litecoin Suddenly Rocketed, Billy Bambrough, Forbes

Insane 550% Gains Make Binance Best Performing Cryptocurrency Of 2019, Yashu Gola, CCN; Also see, Binance The Best Performing Crypto Of 2019 So Far, Use The Bitcoin

Comparing the Bitcoin ‘Bubble’ To Amazon During the Dot Com Era

Bitcoin’s Bubble Cycle More Bullish Than Amazon’s During Dot Com Era (chart, right), Marie Huilett, Cointelegraph

There’s Another Thing Behind Bitcoin’s 200% Rise This Year – It Has Nothing To Do With Facebook, Ryan Browne, CNBC; Also see, Bitcoin is (Probably) Here To Stay, Tyler Cowen, Bloomberg; Or see this link; Also see, Litecoin Outperforms Top 10 Cryptos Ahead Of August Reward Halving, Omkar Godbole, Coindesk

Why Is Harvard’s Endowment Jumping Into Crypto? Shoshanna Delvanthal, Investopedia; Also see, Why IBM’s Blockchain Isn’t A Real Blockchain, Stuart Popejoy, Cointelegraph

All Cryptocurrencies Ranked, Coinmarketcap

See This Link For Updates & Links On DIG Cryptocurrency

Must-See Videos


Must See: Tesla From $250 To $4000? Cathie Woods Of ArK Invest Defends Her Call (video, left), CNBC

How The Real Estate Cycle Works (video, right), Phillip Anderson

Must See – ‘China Was Never Our Friend’: Kyle Bass, Hedge Fund CEO, Bloomberg

Ray Dalio’s All Weather Portfolio, Bite Size Biz; Also see, Must See – ‘Shoot The People You Love’: Ray Dalio Explains His Principles, And More, 60 Minutes

Could Bitcoin Still Go To $25K?, Fox Business

More Wealth Will Be Created In The Next 20 Years Than Ever Before (video, left), Phillip Anderson (2012)

Ray Dalio On Lessons From The Great Financial Crisis (video, right), CNBC

Is Now A Good Time To Buy Bitcoin? (video, left) Bloomberg Tech

Why Amazon Alexa And Google Assistant Are Becoming Omnipresent, CNBC

Common Sense Interpretation

(Start Here First To Understand The Investment Arena Big Picture)


JP Morgan Guide To The Markets, 3Q 2019 (video, left) Hong Kong

I Wrote A Popular Piece On ‘Lessons From The Madoff Fraud’, Then I Got Scammed – Here’s Why, Seaborn Hall, Medium

Yield Curve Inversion? Here’s How Markets Tend To Perform After One, Mark DeCambre, MarketWatch

CS Commentary: In addition to the two links below, see our Money-Interpretation Page for more on the Yield Curve Inversion. Also see, 5 Things Investors Need To Know About An Inverted Yield Curve, Watts/Oh, MarketWatch; Also see, Forget The Yield Curve – Here’s Who Will Prevent The U.S. From Entering A Recession, Barbara Kollmeyer, MarketWatch

Schwab: Fight Over Fiduciary Interpretation Is ‘Semantics,’ Diana Britton, Wealth Management

Safe Deposit Boxes Aren’t Safe, Stacy Cowley, NY Times; Also see, Its Time To Find A Safe Deposit Box Alternative, Lisa Rowan, Two Cents

Investopedia Top 100 Financial Advisors, 2019, Investopedia

CS Commentary: Read the fine print on methodology…and see our Money-Interpretation Page for more. Also see, The Investopedia Top 100 LIst Is Junk. Or, Is It? Robert Sofia, Wealth Management –  Interesting point of view, but absent the principles outlined on our Money-Interpretation Page remember this: Bernie Madoff had tons of influence and people trusted him because they had ‘heard’ how good he was and they likely knew someone who invested with him. None of that saved them.

Wells Fargo Securities Says Don’t Fear Volatility, CNBC; Also see, Wall Street Drops As Bond Market Stokes Recession Fears, Medha Singh, Reuters; Also see, In This Turbulent Market Buy When Fear Is High, Cody Willard, Marketwatch

Warren Buffett: This Is The #1 Mistake Parents Make When Teaching Kids About Money, Tom Popomaronis, CNBC

To See The Money-Common Sense Interpretation Page, Click Here

Resources

To See The Money – Resources Page Click Here

More Common Sense


Books:

American Betrayal: The Secret Assault On Our Nation’s Character, Diana West

CS Commentary: When we come across a better book, we’ll replace this one. But, so far…no.

Culture:

Millennials Care Less About Patriotism, Religion, And Family (video, left), Fox News

Mega Church Pastor, Mental Health Advocate At Greg Laurie’s Harvest Church In CA Commits Suicide, Caleb Parke, Fox News

Someone’s Gotta Tell The Freaking Truth: Jerry Falwell’s Aides Break Their Silence, Brandon Ambrosino, Politico

CS Commentary: From a liberal source and with a definite liberal spin, but raises some legitimate and disturbing questions about leadership at Liberty University.

Jail Time More Likely: What Awaits Lori Loughlin Now That Felicity Huffman Is Going To Jail, Taryn Ryder, Yahoo

The Holy Ground Of Flight 93 – One Of 9/11’s Enduring Mysteries, Bill Sternberg, USA Today

Message In A Bottle Leads To Rescue Of California Family Stranded On Top Of Waterfall, CBS News

Sleeping Giant Earthquake Fault Beneath Los Angeles, Express UK

Health/Fitness/Relationships:

How Did The 1918 Flu Pandemic Start? Could We Have Another One? ABC News

27 Year Old Dies Tragically, Then Family Discovers Facebook Post From 24 Hours Earlier, LinkedIn/Smag31

The #1 Skill Parents Need To Teach Their Kids – But Most Don’t, Nir Eyal, CNBC

A Psychotherapist Shares The 7 Biggest Parenting Mistakes That Destroy Kid’s Self-Esteem, Amy Morin, CNBC

How To Be Assertive Without Being Aggressive, Esther Perel

Movies:

Blinded By The Light, Trailer (video, left), KinoCheck International

Black Director Spike Lee Calls Trump A ‘Racist’: Four Things He Got Wrong, Tipping Point, One America News

‘Overcome’ Actor Won’t Do Nudity Because Holy Spirit Showed Him It Was Evil, Tess Farand, Movieguide/Charisma

Angel Has Fallen, Trailer, Movieclips Trailers

Also see, Review: Angel Has Fallen – Exciting And Glorious Mockery Of Russia Collusion Hoax, John Norte, Breitbart

Music:

Florida Georgia Line Invites Chris Tomlin On Stage To Sing ‘How Great Is Our God,’ Lindsay Elizabeth, Faithwire; Also see this link for video (video, left)

Benecio Bryant, Original Song, America’s Got Talent Semi-Finals, 2019, America’s Got Talent

10 Year Old Singer Emanne Beasha Will Surprise You With Her Voice, America’s Got Talent, 2019

Taylor Swift Lifetime Fan Tells Her To ‘Grow Up,’ Corrine Weaver, The Federalist; Also see, When And Why Taylor Swift Joined The Elite Radical Left, Ben Kew, Breitbart

Sports:

Vin Scully’s Call Of Dodger’s Kirk Gibson’s Famous Hit In Game 1, 1988 World Series (video, left), MLB

MLB: Ronald Acuna’s 40-40 Season Now Feels Inevitable, Luis Paez-Pumar, Deadspin; Also see, MLB Power Rankings: Wild Card Races Heating Up, ESPN; Also see, Met’s Pete Alonso Wasn’t About To Let MLB Stop His 9/11 Tribute, George Willis, NY Post

Which NFL Offense Has The Most Reason To Panic After Week 1? Danny Kelly, The Ringer; Also see, Drew Brees vs Matt Ryan? Its Not The Mismatch You’d Think, Mark Bradley, AJC

150 Greatest Teams In College Football History, ESPN

Tech:

Reasons To Wait Until 2020 To Buy Your Next iPhone, Gordon Kelly, Forbes

Apple Just Gave 1.4 Billion Users A Reason To Quit Their iPhones And iPads, Gordon Kelly, Forbes

Travel:

Southwest Is Having A Massive Sale, Travel & Leisure

United Airlines Uses Cars To Explain Why Passengers Can’t Sit In Empty Economy Plus Seats , Simple Flying

Delta Just Gave Simply Stunning Explanation For Why Its Successful And American Airlines Is Not, Chris, Matyszczyk, Inc.com

Why Does Delta, With Superior Customer Service, Have A Lower Performance Score Than American Airlines? Dan Reed, Forbes 

Yet Another Boeing Plane Has A Problem – the 777X, Isidore/Marsh, CNN Business

TV/Streaming:

The Actors And Relationships Behind The Last Kingdom (video, left), BestFlix

What’s Coming And Going From Netflix Week Of September 9, 2019, Melissa Kirsch, Life Hacker

What ‘Our Boys’ Doesn’t Want You To Know, Jonathan S. Tobin, JNS

More Hostility Between Uhtred And Edward For The Last Kingdom, Season 4? Corey Smith, Winter Is Coming

When Is The Last Kingdom Season 4 Released On Netflix? What’s Going To Happen? Flora Carr, Radio Times

Quotes Of The Month:

“In contrast with many theoretical speculations, we do not find conspiracism to be a product of greater authoritarianism, ignorance, or political conservatism. Rather, the likelihood of supporting conspiracy theories is strongly predicted by a willingness to believe in other unseen, intentional forces and an attraction to Manichean narratives. These findings both demonstrate the widespread allure of conspiracy theories as political explanations and offer new perspectives on the forces that shape mass opinion and American political culture.” – J. Eric Oliver and Thomas J. Wood, Chicago Political Scientists, 2015

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