CS updates our site posts through each weekend, and other times as necessary. Please check back frequently for updates on postings.
Analyzing Wednesday Market Sell-Off (video, left), CNBC
Art Laffer Weighs In On Current Probability Of Recession (video, right), Fox Business
CS Commentary: We like Laffer, but his analysis has gone a little flat for us. No mention of how China is killing us and his mention of Smoot-Hawley is way out of context. Those tariffs were pervasive and damaging, China tariffs are nothing by comparison.
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
Must See – 2nd Biggest Rout In History: Argentina Adds To A Mounting ‘Wall Of Worry’ For Markets, Bloomberg Markets And Finance
What Hong Kong Airport Chaos Means For Trump And Trade (video, right), Fox Business
Recession Fears Just Hit An 8 Year High For Investors On Wall Street, Carmen Reinicke, Business Insider
Bitcoin’s Risk-Adjusted Returns Superior To S&P 500 And Gold, Charles Bovaird, Forbes
S&P 500 Avg Performance Following 2 vs 10 Yr Yield Inversion
Yield Inversion: 2 Year Treasury vs 10 Year – But Its The 3 Month vs 10 Year That Really Matters
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.
5 Things Investors Need To Know About An Inverted Yield Curve, Watts/Oh, MarketWatch
Forget The Yield Curve – Here’s Who Will Prevent The U.S. From Entering A Recession, Barbara Kollmeyer, MarketWatch
Housing Starts Slump In July But There’s One Silver Lining For The Real Estate Market, Jacob Passy, MarketWatch
See Our Facebook Link At The Bottom Of This Page For More Weekly Postings
Editor’s Choice
Stay Invested But Be Prudent As You Approach Equities (video, left), CNBC
China Changing Trade Strategy In Trade War With U.S. (video, right), Bloomberg
Bitcoin ETF Still Coming As SEC Concerns Largely Solved, Marie Huillet, Cointelegraph
The #1 Best Job In America With The Best Career Opportunity Pays $112,000 And Its Not In Tech, Quentin Fottrell, MarketWatch
Investors Attempting To Avoid Risk As They Buy Equities
S&P 500 – Violated 50-Day, But Not 200-Day Moving Average This Week
Copy Insiders And Buy These Stocks Because They See No Recession Ahead, Michael Brush, MarketWatch
Top 10 Books Every Investor Should Read, Investopedia
$3 Billion Chinese Ponzi Scheme Dumping Bitcoin By The Hundreds, Marie Huillet, Cointelegraph
Five Robo Advisor Myths Debunked, Sean R. Walters, Wealth Management
Cryptocurrency
Goldman Sachs Bullish On Bitcoin (video, left), Crypto Markets, Cointelegraph
We Go Deep On Binance Hacking Story (video, right), Coindesk
This Week:
Bitcoin Suddenly Under $10,000, Next Critical Time October – Here’s Why, Billy Bambrough, Forbes; Also see, Bitcoin Drops Below $10,000, Trend Stays Bullish Says Veteran Trader, William Suberg, Cointelegraph; Also see, Bitcoin Crashes $700 In Minutes Back Below $12,000, Adrian Zmudzinski, Cointelegraph
Current Price Of Top 5 Crypto’s (By Market Cap) 8/16/19
Bitcoin Corrected Below $10,000 Before Returning Over $10K 8/15/19
$9650: Bitcoin Price Drops Below Key Support, Future Depends On 8/18 Close, Sebastian Sinclair, Coindesk
Crypto Price Analysis 8/14: The Support On Bitcoin Lower Than $10,000? Rakesh Upadhyay, Cointelegraph
Previous Weeks:
The Art Of Bitcoin Option Trading, Cointelegraph
We’ve Had Private Currencies Like Libra Before. It Was Chaos, MIT Tech/Medium
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
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
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
Interview With Bitcoin (video, left), Cointelegraph
Libra And Bitcoin Are Apples To Oranges: Libra ‘Bonafide Threat To The U.S. Dollar, Bloomberg Markets And Finance; Also see, Between Libra And Bitcoin, I Want Bitcoin: $250,000 By 2022? (video, right), Tim Draper Again, Cointelegraph
The Overlooked Reason The United States Would Struggle To Ban Bitcoin, Kyle Torpey, Forbes
Will This Bitcoin Rally Go To $60,000, Or Even $100,000? Naeem Aslam, Forbes; Also see, Bitcoin ‘Fair Value’ $21,000 By End Of 2019? William Suberg, Cointelegraph; Also see, This Crypto Is Up 140% Against Bitcoin And May Just Be Getting Started, Kiril Nikolaev, Yahoo Finance; Also see, Novogratz Predicts $20,000 Bitcoin In 2019 As Galaxy Digital Gets IPO Nod, 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 Real Reason Ethereum, Ripples, XRP, And Litecoin Suddenly Rocketed, Billy Bambrough, Forbes
Bitcoin Market Dominance 60%, Highest In Over 2 Years, William Suberg, Cointelegraph
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
Bitcoin Trading Activity Goes Ballistic In Venezuela As Rule Of Law Erodes (chart, right), Aditya Rimal, Money In Crypto
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
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)
I Wrote A Popular Piece On ‘Lessons From The Madoff Fraud’, Then I Got Scammed – Here’s Why, Seaborn Hall, Medium
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
The Power Of Compounding Will Help You Double Your Money Again And Again, Josh Brown, CNBC; See video at this link
The Use And Misuse Of The CAPE Ratio, Larry Swedroe, Advisor Perspectives
Podcast: The Social Security Trust Fund Will Be Depleted By 2035, Ric Edelman
JPM Guide To The Markets April 2019 (video, left), JPM Asset Management Hong Kong
Explosive Growth: Facebook Coin Could Triple Crypto Users, The Crypto Consultant, Medium; Also see, Facebook’s Libra Coin Backed By Credit Card Companies And Big Business, Medium; Also see, What Facebook’s Cryptocurrency Means: 6 Predictions, Caitlin Long, Forbes; Also see, Facebook Libra Coin Will Help Achieve Mass Adoption Of Crypto, Michael K. Spencer, Medium
How Should Investors Position Their Portfolios In This Economic Environment? (video, right, Fox Business
The 5 Laws Of Human Stupidity And How To Be A ‘Non-Stupid’ Investor, Lance Roberts, Advisor Perspectives
What Everyone Should Know About Facebook’s Foray Into Cryptocurrency, Steven Ehrlich, Forbes
Facebook’s Libra Crypto Explained (video, left), TechCrunch
Facebook’s Libra: A Summary Explanation In Less Than 2 Minutes (video, right), Washington Post
How Much Cash Should I Keep In The Bank? Tim Parker, Investopedia
Americans Have ‘Incredible’ Misconceptions About Social Security, Britannia De Lea, Fox Business
Why The United States Needs To Encourage Americans To Own Gold, Sean Fieler, The Federalist
The 25 Best Places To Retire In 2019, William P. Barrett, Forbes
Goldman Sachs Buys United Capital For $750 Million? What Does It Want? Britton/Thrasher, Wealth Management
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, Diana West
Culture:
‘Sounds Of Hell’ From Deep Hole In Earth Debunked (video, left), Daniel Wood
CS Commentary: In addition, as the video to the right explains, the deepest hole on earth does not penetrate even close to the core of the earth, in fact, it penetrates less than 1% into the crust. Another example of how we can be easily misled by Facebook or general internet entries.
History Behind The Deepest Holes In Earth (video, right), Beyond Science
There Are 8 Styles Of Genius – What’s Yours? Personality Hacker; Also see, Here’s What You Secretly Hate Based On Your Myers-Briggs Personality Type, Susan Storm, Psychology Junkie
The New Cities For New Grads: 3 Cities Where Rents Are Affordable, WSJ; Also see this link; Also see, The Best Cities For New Grads, Smart Asset
Christian Persecution ‘At Near Genocide Levels’, BBC
Health/Fitness/Relationships:
How Important Is Chemistry In A Relationship? 7 Signs Your Connection May Not Last, Kristine Fellizar, Bustle
9 Popular Drugs Linked To Dementia And Memory Loss, Alyssa Lowery, Dr. Axe
Fighting Smarter: Putting Escalating Fights On Ice (video, left), Esther Perel; Also see, Infidelity: Once Broken, Can Trust Be Healed? Esther Perel; Also see, Esther Perel Explains Why People Are Unfaithful
CS Commentary: Again, Perel is not speaking from a Christian standpoint, but there is still a lot of wisdom here. Take what makes sense and leave the rest.
Movies:
Kareem Abdul-Jabbar: Bruce Lee Was My Friend And Tarantino’s Movie Disrespects Him, Kareem Abdul-Jabbar, The Hollywood Reporter
Peter Fonda, ‘Easy Rider’ Icon And Actor, Dies At 79, Duane Byrge, The Hollywood Reporter
Young Hollywood 2019: Top 30 Stars Under 18, The Hollywood Reporter
The Real Story Behind Top Gun: Maverick’s Capitulation To The Chinese Communist Party For Economic Gain (video, left), Tipping Point, One America News; Also see, Top Gun Memoir Warns American Military Air Superiority In Danger, Tony Daniel, The Federalist
Music:
Brandin Jay: No Money Alright (video, left), Songland
Luke Islam Receives Golden Buzzer ‘You Used To Be Mine,’ America’s Got Talent 2019
John Legend’s Songland Song Selection, ‘We Need Love, Songland
When And Why Taylor Swift Joined The Elite Radical Left, Ben Kew, Breitbart
12 Year Old Ansley Burns From Easley, SC – Stopped By Simon Again!!!, America’s Got Talent
Sports:
Ronald Acuna Robs Homer…Then Pretends He Didn’t, Then Hits His 35th Homer To Boot (video, left, from one year ago, but go to link to see current), Mark Bowman, MLB
Ronald Acuna Jr And The 40-40 Club, Dan Szymborski, Fan Graphs
Make Room Mike Trout, Ronald Acuna Jr Is About To Join You At 30-30, With 40-40 A Possibility, David O’Brien, The Athletic
Awards Watch: Ranking This Season’s Cy Young And Rookie Of The Year Candidates In The NL, Cliff Corcoran, The Athletic
NFL: Which QB’s Are Best Set Up For Success? Ranking Them 1 To 32, Sheil Kapadia, The Athletic
Tech:
Dear Apple And Samsung: $1000 Is Way Too Much For A Smartphone, Consumers Say, Jefferson Graham, USA Today; Also see, IPhone11, IPhone11R And 11MAX: What We Expect From Apple In September, Vanessa Hand Orellana, CNET
How The B-2 Stealth Bomber Would Unleash A Deadly Surprise During A War With Iran, Kyle Mizokami, The National Interest
Travel:
Delta Passenger Gets Flight All To Himself And Shares Epic Video, Jayme Deerwester, USA Today
Exciting Airline Rating App Uses Safety To Book Flights, Steve Creedy, Airline Ratings; Also see, 4 Things To Know Before You Buy A Plane Ticket, Nilus Mattive, Rich Life
TV/Streaming:
Mindhunter Ratchets Up The Tension In Season 2, Emma Dibdin, The Hollywood Reporter
Expect A Lot Of Surprises In The Last Kingdom Season 4, Corey Smith, FanSided
Fall 2019 News Shows: Will Any Break Out? Rick Porter, The Hollywood Reporter
Denise Richard’s is The ‘Real Housewives’ Rookie Of The Year, Emily Jashinsky, The Federalist
Quotes Of The Month:
[On the official record of American history being much in need of serious correction]: “Such professional incuriosity is staggering. Then again, considering the amount of feet-of-clay-revealing spadework that a serious correction of the record will entail, perhaps it is also disappointingly understandable. It’s that “existing view of the world” again: No one wants to admit it’s a total phony. Once we finally incorporate the facts of Soviet-directed penetration of the U.S. government—the Communist-agent-occupation of the U.S. government— which began in earnest in 1933, everything we know about ourselves as a nation will also have to rearrange itself, our history taking on a brand-new pattern of revelation . . .” – Diana West, ‘American Betrayal’
