CS updates our site posts through each weekend, and other times as necessary. Please check back frequently for updates on postings.
Optimism On China – US Trade Deal (video, right), Bloomberg Markets
S&P 500 Snapshot: Up 11.40% Year To Date, Jill Mislinski, Advisor Perspectives
Crypto Markets Trade Sideways After Recent Gains, Stock Market Sees Green, Helen Partz, Cointelegraph
CS Commentary: This may not be exactly in sync with the US Debt Clock, here but it is close as of 2/14/19.
Goldspot Discoveries AI Mining Platform (video, left), Midas Letter; Also see, this link
B Of A: I Would ‘Sell’ On First Of March (Video, right), Bloomberg Markets
Deutsche Bank Lost $1.6 Billion On Bond Deal; Warren Buffet Enmeshed In Deal, Strasburg/Morgenson, WSJ
European Central Bank Ends Stimulus, 3rd Major Central Bank To Do So, Fairless/Blackstone, WSJ
Harvard’s Feldstein: Debt 100% Of GDP By End Of Decade (Video, right), Bloomberg Markets
China Getting Worse: Kyle Bass Says That China Is ‘Just A Paper Tiger (video, right),’ Bloomberg Markets And Finance
Also see, Lack Of ETN’s/ETF’s Keeps Wall Street Away From Bitcoin – No Bitcoin ETF In 2019, Adrean Zmudzinski, Cointelegraph; Also see, Crypto Analyst Brian Kelley: No Bitcoin ETF In 2019, Ana Alexandre, Cointelegraph
Is The JPMorgan Coin Crypto? Jason Bloomberg, Forbes
The Top 10 Books Every Investor Should Read, Investopedia
Is Now A Good Time To Buy Bitcoin? (video, left) Bloomberg Tech
Bitcoin Below $3500 Could Spell Trouble: Boring 2019 For Crypto? Joseph Young, Yahoo Finance/CCN
The Future Of Cryptocurrencies: Coming Custody Solutions A Key Moment), Bloomberg Markets And Finance
CS Commentary: We forecast a Bitcoin price of $7000 by year-end 2019.
Edelman: Bitcoin ETF ‘Virtually Certain (video, right),’ CNBC; Also see, Finance Expert Ric Edelman: We Will Eventually See A Bitcoin ETF, Ana Alexandre, Cointelegraph
Bitcoin Is Up, But For How Long? (video, left) Cointelegraph
The Eight Most Popular Cryptocurrency Transactions Are Not What You Would Expect, Jason Bloomberg, Forbes
The Next Step In Bitcoin’s Evolution: Big Money Investors Move In, Aparna Narayanan, IBD
Also see, The Blockchain Technology Revolution Is About To Remake The Stock Market, Alan R. Elliott, IBD; Also see, The Ultimate 10 Step Guide To Crypto Investing, Jack Dossman, Medium
Common Crypto Scams And How To Avoid Them, Jack Dossman, Medium
Updates On DIG
Dissecting A Con Game: What Happened To The DIG Cryptocurrency? Seaborn Hall, Common Sense Money
Agent Appears To Back Up Arbitrade/DIG Gold Title Claim, Scott O’Neil, The Royal Gazette; Also see, Finance Guru Ronnie Moas Digs For $10 Billion In Crypto Gold, Mitchell Moos, Crypto Slate, January 2019
CS Commentary: We don’t believe this really changes anything. See our article above.
Update On DIG, 12/15/18, Seaborn Hall, Common Sense. See this link for more posts and information on DIG/Arbitrade.
DIG/Arbitrade: Not All That Glitters Is Gold – Is DIG A Well Orchestrated Scam? Ken Griffith, The Royal Gazette
CS Commentary: We suggest that the comments at the end of the article also be read. The author raises some interesting points, but it is not clear whether…To continue reading see this link…
Could Bitcoin Still Go To $25K? (video, left), Fox Business
More Wealth Will Be Created In The Next 20 Years Than Ever Before (video, left), Phillip Anderson (2012)
How The Real Estate Cycle Works (video, right), Phillip Anderson
Cyber Threats: The U.S. Is More Vulnerable Than Ever (video, left), Judge Jeannine Piro, Fox News Insider
The Public Does Not Understand: China Has Been Cheating U.S. For A Long Time, Mornings With Maria, Fox Business;
The New Space Race To The Moon, Curious Droid
(Start Here First To Understand The Investment Arena Big Picture)
CS Commentary: Both these Prager U 2014 videos on debt should be a must–view, but especially this one. The scenario describe here – escalating entitlement costs and much higher taxes – will occur, and probably much sooner than the video predicts, about 40 years. CS projects that the US will begin experiencing serious problems relative to this issue around 2030 and that they will quickly escalate from there. Cutting entitlements is the only sane and rational way to avoid this problem – however, the corruption in Congress has been an obstacle to this solution for years and currently does not seem likely to change.
What Designations Does Your Financial Advisor Need? Peter Lazoroff, Forbes
CS Commentary: Though this is helpful in explaining the top 3 designations to look for in the investment arena, we emphatically disagree that your financial advisor needs any of them to be competent and have your bests interests at heart. Perhaps of all three, the CFP is the most important – but not even it assures that your advisor is a fiduciary that limits conflict of interest, that they work for a good company, particularly a RIA, or that they have your best interest at heart. An AIF at least assures that they understand the demands and criteria of a fiduciary and will at least attempt to ensure low conflict of interest in all that they do. Beyond that, you should look for detailed knowledge about the investment arena, which includes how portfolios are put together to achieve your individual goals and the best way to administrate your overall plan, an ability to simplify it and make it understandable to you, and look at who they work for and where the firm fits in the Fiduciary Pyramid. Also, beware if the person selling you is also the person directly managing your money. No one has the time or expertise to do both well. Bottom line: Designations – like MBA or CFA – are important for the person who directly manages your money and those on the investment committee in your advisor firm, or who head up the funds where your money is allocated. Your advisor is more of a salesmen or direct point of contact and may use his/her designations to impress. Don’t be fooled.
New Research On The Value Of Global Diversification, Larry Swedroe, Advisor Perspectives
The Top 5 Reasons For The Current Market Correction, Updated 1/05/19, Seaborn Hall, Common Sense
CS Commentary: With the market correction again in past weeks, and the slight uptick this week, this article continues to be relevant. Updated, with new charts.
Here Are 3 Things You Can Do After Historic Market Volatility, Edelman Financial
Ray Dalio’s Bridgewater Cements Spot As Top Performing Hedge Fund Of All Time, Anneken, Tappe, MarketWatch
Ray Dalio: ‘Significant Risk’ Of Recession In 2020 – Blackstone Disagrees, Melanie Kramer, CCN
Stanford Analysis Pokes Holes In FINRA Broker’s Check, Dianna Britton, Wealth Management
This Still Looks Like A Stock Market Correction – Not Something Worse, Mark Halbert, MarketWatch
Ray Dalio’s Hedge Fund Posted 15% Gain After Calling Economic Slowdown, Leslie Picker, CNBC; Also see, Dalio Says Go Counter-Cyclical, Market Realist; Also see, Dalio and Buffet: What To Do When Stocks Get Battered, Market Realist
How To Find A Financial Advisor, Michaela Cavallaro, Barron’s
Jeremy Siegel: The Market Is Cheap On A Long Term Basis, Robert Huebscher, Advisor Perspectives
Are We Headed For Recession? Big Four Economic Indicators, Jill Mislinski, Advisor Perspectives
A Long Term Look At Inflation, Jill Mislinski, Advisor Perspectives
How The Real Estate Cycle Works , Phillip Anderson, You Tube
CS Commentary: In 2012 Phillip J. Anderson predicts exactly where the US stock markets and real estate markets will be today. Also see, Phillip J. Anderson’s Explanation Of The Real Estate Clock, portphillippublishing.com
Why 2019 Could Be A Tough Year For Home Buyers And Sellers, Jade Scipioni, Fox Business
Good Chance Of Recession By 2020 (video, left), Fox Business
Why The Market Blow Up? Varney & Co, Fox Business
Why Did The Crypto Meltdown Occur? CNBC; CS Commentary: A good overview of the current state of the crypto markets.
Here’s How Blockchain Will Impact Your Life In 10 Years, Darla Mercado, CNBC
Bitcoin Peaked 12 Months Ago: Here’s A Look At 12 Months Of Misery (chart above in Cryptocurrency Section), Aaron Hankin, Marketwatch; Also see, Bitcoin Is Pretty Much Dead Says Teenage Crypto Millionaire, Aaron Hankin, Marketwatch; Also see, The Trade Of The Decade: Buy Bitcoin, Katina Stefanova, Forbes
Quote: “If you have something that can potentially [return] 50x, you must have 98% conviction that it’s not going to happen for you to not put money in.” CS Commentary: This article is a must-read. We gave similar advice in our article, in 2017.
How to Know Who To Trust With Your Money II: A Visual Illustration of Fiduciary, Seaborn Hall, Advisor Perspectives
The Bernie Madoff Fraud: Five Lessons For Investors From The ‘Wizard Of Lies,’ Seaborn Hall, Advisor Perspectives
Evaluating The Arguments For The Dollar’s Demise, Seaborn Hall, Advisor Perspectives
How Likely Is Hyperinflation In the U.S.?, Part Two, Seaborn Hall, Advisor Perspectives
Are Cryptocurrencies The Best Investment Opportunity Of The Next Decade? Part II, Seaborn Hall, Advisor Perspectives
Top Independent Financial Advisors 2018, Barron’s
2017 Ranking Of RIA’s By Total Assets, Financial Advisor
CS Commentary: A RIA is a Registered Investment Advisor, generally considered to be at or close to the top of the Fiduciary Pyramid in the investment area. For more, see Common Sense Interpretation, above.
CS Commentary: For an explanation of and the importance of Registered Investment Advisors (RIA), see the ‘Fiduciary’ articles in the Common Sense Interpretation section below.
The Biggest And Best Wealth Management Firms, Investopedia/WSJ
CS Commentary: What’s wrong with this list? Notice they are almost all big banks. Most of the big banks charge ‘hidden’ fees that they don’t tell you about and they also charge larger annual management fees. Independent RIA firms charge an average of about 1-1.25% in management fees, plus, in many cases lower ‘hidden’ fees that they fully disclose. (For an explanation of and the importance of Registered Investment Advisors, or RIA, see Common Sense Interpretation section on this page above).
Top Crypto Exchanges By Market Cap: Cryptocurrency Exchanges/Market List, cryptocoincharts; Also see, The Best Crypto Exchanges, May 2018, Cryptoclarified; Also see, The 10 Commandments Of Crypto Security, Panama Crypto, Medium
Understanding The Retail Bitcoin Exchange Coinbase And Its Professional Trading Sister, GDAX, Jack Tatar, The Balance; Also see, Coinbase Vs. GDAX, The Merkle; Also see, GDAX Vs. Coinbase Comparison, Coin Central
Coinbase Review: Safe Way To Buy Cryptocurrency? Coin Central; Also see, Kraken Exchange Review, Coin Central; Kraken vs. Bittrex Exchange Comparison, Coin Central; What Is Kraken? Shobhit Seth, Investopedia
The Five Most Private Cryptocurrencies, Shobhit Seth, Investopedia
A Brief History Of Bitcoin Bear Markets, Yannos/Ndinga, Medium
The Top 10 Cryptocurrency Blogs & Websites You Should Follow, Cryptoclarified
More Common Sense
The Vatican’s Secret Rules For Priests Who Have Children, Horowitz/Povoledo, NY Times
‘Zombie; Deer Disease In 24 States And Could Spread To Humans, Ryan W. Miller, USA Today
Is Organic Food Worth The Cost?, Prager U
Never Pick Up Or Say ‘Yes’ To Your Spam Cell Phone Calls: Here’s Why You Get Them, Nicole Lyn Pesce, MarketWatch
Pro Life Actress Risks Getting Blacklisted To Play Role in ‘Unplanned (video, left),’ Fox & Friends, Fox News
After 50 Years, Sam Elliot Has His Moment (video, right), CBS Sunday Morning
The Biggest Movie Releases Of 2019, Ben Allen, Radio Times
2019 Oscar Nominations Unveiled, Washington Post
Linda Rondstadt Speaks (video, left), CBS Sunday Morning
Heat Wave (video, right), Linda Ronstadt
For a live version, see Linda Ronstadt In Atlanta 1977, See here
The King Of Pop And Perversion – Michael Jackson Was A Predator And A Monster, Maureen Dowd, NY Times/BD News 24
Justin Bieber Encourages Abstinence But Not Everyone Is Pleased, Michael Brown, Charisma
Freddie Freeman On The State Of The Braves, NL East, Free Agency, And More, David O’Brien, The Athletic
Ranking Baseball’s Top 200 Prospects, Part 4:1-50, Jim Bowden, The Athletic
CS Commentary: The good news is the Braves have four prospects in the top 5, three of them pitchers. The bad news is that they have no prospects in the top 20. More bad news? The Dodgers only have two prospects here, neither in the top 20 while the Padres have quite a few in the list and at least two in the top 20. Also see, Ranking Baseball’s Top 200 Prospects, Part 1, Jim Bowden, The Athletic, CS Commentary: How to use? Look for your top three teams and read about the top player prospects in their system and get some hints on that team’s future. For example, the Atlanta Braves have so many great, young Left Handed Pitching prospects there are likely to be some interesting trades in their future.
College Football 130 Team Ranking Projections 2019, Bill Connelly, SB Nation
Cartel Club Shooting In Popular Mexican Destination, Cancun, Leaves 5 Dead, Katherine Lam, Fox News
Why You Shouldn’t Wait Until Tuesday To Buy Your Plane Tickets, Nikki Ekstein, Bloomberg; Also see, What’s The Best Time To Book That Flight For 2019? Emily Price, Life Hacker
CS Commentary: As we predicted recently, re: The Punisher. Mediocre writing will get you every time.
El Chapo Found Guilty On All Counts And Gets Life Sentence, Fox News; For a review of the Neflix series, see here
Bosch, Season 5: Cast, Details, Everything You Need To Know, Denofgeek.com; Also see, When Will Bosch Season 5 Be Released? Fansided; Also see, When Does Bosch Season 5 Start?, NextSeasonTV; Also see, When Will Mindhunter Season 2 Be Released? What Will Happen? Ben Allen, Radio Times; Also see, Mindhunter. Season 2 On Netflix Release Date, Inverse
Quotes Of The Month:
“Do not answer a fool according to his folly, Or you will also be like him. Answer a fool as his folly deserves, That he not be wise in his own eyes.” – (Prov. 26:4-5 NAS95)