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


Curve Inversion Too Flat To Suggest A Recession (video, left), CNBC; Also see, Jim Cramer Says Yield Curve Inversion Is A ‘Trap,’ MarketWatch

Must See – Here Are The Risks To Regulating Digital Currencies: Bitcoin Has Reached A Tipping Point (video, right), CNBC

Don’t Overreact When The Stock Market Gyrates, Cody Willard, MarketWatch

Bitcoin Hovers Around $10,300 As Altcoins Suffer Minor Losses, Adrian Zmudzinski, Cointelegraph

Recession Fears – And Yield Curve Predictions – Are Overblown, Puzder/Hartley, WSJ; Note: This link may require a subscription.

Quote: “U.S. gross domestic product grew 2.1% in the second quarter, and the Atlanta Federal Reserve forecasts 2.2% annualized third-quarter growth. The generally accepted definition of a recession is two consecutive quarters of negative GDP growth. GDP consists of four components: consumption, government spending, net exports and business investment…This [central bank] combination of downward pressure on long-term rates and upward pressure on short-term rates is distorting the yield curve, wholly apart from the strength of the underlying economy, rendering it an unreliable harbinger of recession.” Also see, Jim Cramer Says Yield Curve Inversion Is A ‘Trap,’ MarketWatch

DOW Plunges After Trump Tells US Firms To Sever Ties With China (video, left), Fox Business

Why Target Is Shocking Everyone And Putting Amazon On Notice, Brian Sozzi, Yahoo Finance

Yield Curve Obsession: Are We Talking Ourselves Into A Recession? (video, left) CNBC

Technical & Fibonacci Analysis: I Would Not Be A Buyer Here, 2950 A Breakout (video, right), CNBC

President Trump Is Convinced Democrats And MSM Media Trying To Derail His Re-election With Fear Of Recession, Tom Porter, Business Insider

Procrastination Contributing To Your 401K Costs You This Much

Small Cap Stocks Have Lost Relative To Large Cap Stocks, June – August 2019

How Procrastination Can Cost You $83,000, Dan Caplinger, The Motley Fool

How This Financial Blogger Paid Off $10,000 In Debt After Having A Revelation, Meera Jagannathan, MarketWatch

We Figured Out When The Middle Class In America Will Be Millionaires, Andy Kiersz, Business Insider

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Editor’s Choice


Why You Should Be A Long Term Tesla Investor (video, left), CNBC

Why This Fund Manager Says A China Trade Deal Is A Long Way Off (video, right), CNBC

How The Finance Prof Who Discovered The ‘Inverted Yield Curve’ Explains It To Grandma, Carmine Gallo, Forbes

This Is Statistically The Worst Age To Take Social Security Benefits, Sean Williams, Motley Fool/Yahoo Finance

Gold Coins Or Bitcoin? David H. Lenok , Wealth Management

Real Median (Mid-Point) Family Net Worth 1989 To 2016

Future Median Net Worth At 1989 To 2016 Rate

Legal Scholars Warn Reg BI Lowers Fiduciary Standards For RIA’s, Diana Britton, Wealth Management

How Much You’ll Need To Invest Each Month From 20, 30 And 40 To Retire With A Million Dollars, Higgins-Dunn/Exley Jr., CNBC

I Built A Nest Egg Of $1 Million And I’m Only 46 – So Why Do I Spend My Time Worrying? Quentin Fottrell, MarketWatch

Bitcoin’s Bull Run Could Just Be Getting Started – Here’s Why, Billy Bambrough, Forbes

Quote: “Now, data analysis has found bitcoin sentiment appears to be similar to early 2017—just months before the bitcoin price soared to almost $20,000.”

People In Argentina Pulling Millions From Banks Amid Currency Crisis Fears, Ignacio Oliver’s Doll, Financial Post

Madoff Whistleblower Details Fraud Allegations Against General Electric: ‘Enron And World Com Combined’ (video, left), CNBC

Markopolos On GE: I Have A Few Smoking Guns For Law Enforcement Only (video, right), Yahoo Finance

CS Commentary: Markopolos was the guy who brought down Bernie Madoff, though it took longer than it should have mainly because of the incompetence of the SEC. He showed courage, integrity, and perseverance to get Madoff. Some of the anchors here give him a hard time, as have other pundits on Fox Business, but we will be surprised if he is wrong.

Cryptocurrency


Bitcoin Will Be A Safe Haven Long Term Says Expert (video, left), Bloomberg

Goldman Sachs Bullish On Bitcoin (video, left), Crypto Markets, Cointelegraph

This Week: 

Bitcoin Price Fails To Break Through $11,000, William Suberg, Cointelegraph

Current Price Top 5 Crypto’s (By Market Cap), 8/23/19

Bitcoin Flirts Below And Above $10,000 As Altcoins Suffer Minor Losses, 8/24/19

Bitcoin Price Struggling As Analysts Warn Of Dump, William Suberg, Cointelegraph

Bitcoin Sell Off Stalls At Historical Price Support Near $10,000, Omkar Godbole, Coindesk

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

Bitcoin Price Fails To Break Through $11K, Early 8/20/19

Previous Weeks:

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

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; Also see, $9650: Bitcoin Price Drops Below Key Support, Future Depends On 8/18 Close, Sebastian Sinclair, Coindesk

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, Diana West

Culture:

Google Is Biased By Design Says Director Of Tech Documentary, ‘The Creepy Line’ (video, left), Fox Business

‘Sounds Of Hell’ From Deep Hole In Earth Debunked, Daniel Wood

CS Commentary: In addition, as the first link below 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. See, History Behind The Deepest Holes In Earth, Beyond Science; Also see, Great Animation Shows How Deep Humans Have Dug In The Earth (video, right), Wise Wanderer

Scientists Make ‘Big Leap’ In Understanding Earthquakes, John Johnson, Newser; Also see, CA Earthquakes: 307 Quakes Hit In Just 24 Hours As San Andreas Fault Trembles, Georgina Laud, UK Express

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

Health/Fitness/Relationships:

Fight Smarter: Avoid The Most Common Argument Patterns (video, left), Esther Perel; Also see, Fighting Smarter: Putting Escalating Fights On Ice, 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.

How Important Is Chemistry In A Relationship? 7 Signs Your Connection May Not Last, Kristine Fellizar, Bustle

The Best Anti-Aging Eye Creams Of 2019, Lorelei Marfil, Forbes

Movies:

Charlize Theron And Nicole Kidman Nearly Unrecognizable As Fox News Hosts In Coming ‘Bombshell,’ Ethan Alter, Yahoo

Bombshell, Official Trailer 2019, Rapid Trailer

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

Young Hollywood 2019: Top 30 Stars Under 18, The Hollywood Reporter

Music:

13 Year Old Charlotte Summers (video, left), America’s Got Talent, 2019

Brandin Jay: No Money Alright, 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

Sports:

NFL Owners & Players Open To Playoff Extension (video, left), Fox Business; Also see, NFL: Which QB’s Are Best Set Up For Success? Ranking Them 1 To 32, Sheil Kapadia, The Athletic

35 Under 35: A Look At Some Of The Young Behind The Scenes Talent Shaping Baseball, The Athletic

35 Under 35: Dodger’s ‘Swing Whisperer’ Robert Van Scoyoc Draws Power Out Of Young Hitters, Pedro Moura, The Athletic

35 Under 35: Braves Analytics Guru Jason Pare Go Sidetracked At Yale – And Is Glad He Did, David O’Brien, The Athletic

MLB Lifers Decry State Of Modern Baseball: ‘Unwatchable,’ USA Today

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:

Canceled Flights, Wrecked Vacations And Leaky Planes: Passenger Frustration Rises As American And Southwest Airlines Struggle, Kyle Arnold, Dallas News

Delta Just Stopped Doing This One Thing Customers Really Hate (Southwest And American Still Do It A Lot), Jason Aten, Inc.com

TV/Streaming:

What’s Coming And Going From Netflix September 2019, Nick Douglas, Lifehacker

Why Leah Remini: Scientology And Its Aftermath Is Ending After 3 Award-Winning Seasons, Julia Odom, Screen Rant; Also see, Leah Remini Sounds Off On The Hypocrisy Of ‘The Handmaiden’s Tale’s’ And Scientologist Elizabeth Moss, Marlow Stern, The Daily Beast

Report: Lori Loughlin Thought All Rich People Bribed Colleges, Tom Ciccotta, Breitbart

Mindhunter Ratchets Up The Tension In Season 2 (video, left), Emma Dibdin, The Hollywood Reporter

Quotes Of The Month:

“Anti-Semitism, in its various forms, is the longest-lasting conspiracy theory across much of the globe. It consists of an assumption of innate Jewish wickedness and has led to millions of deaths, expulsions, and wars, not least in the progressive 20th and 21st centuries when we were all supposed to have become rationalists.” – Denis MacEoin, Gatestone Institute

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