CS updates our site posts through each weekend, and other times as necessary. Please check back frequently for updates on postings.
The Next Step For The Fed Could Be A Hike, Scott Minerd, Guggenheim
Marriott Challenges Airbnb, Moves Into Home Sharing (video, left), Mornings With Maria, Fox Business
33 Items You Should Buy At Costco, 14 You Should Skip Everytime, Laura McCamy, Business Insider
Jobs Surge In April, Unemployment Lowest Since 1969, Jeff Cox, CNBC
CVS Closing 46 Stores: See The Locations Going Away, Nathan Bomey, USA Today
CS Commentary: Not sure we buy into this argument, but its an interesting perspective.
We Can’t Trust China On Trade (video, left), Fox Business
Pig Ebola Virus Sends Shock Waves Through Global Food Chain – Could Affect Trade Deal With China, Murtaugh/Curran, Bloomberg
Why The United States Needs To Encourage Americans To Own Gold, Sean Fieler, The Federalist
Facebook Tries A New Look As Zuckerberg Proclaims A New Era, Jeff Horowitz, WSJ
Crypto Winter Is Completely Over (video, left), Cointelegraph
BNY Mellon Eyes $20 Billion Cryptocurrency Market, Market Mad House, Medium
CS Commentary: This article published September 2018. BNY Mellon is currently around 48.25 per share, one could argue an even better price than when this published.
Trader Who Called Bitcoin’s 84% Decline Now Says $50,000 In Next Two Years, Zach Guzman, Yahoo Finance
Bitcoin Surge: New Bull Market? (video, left) Cointelegraph
Cryptocurrencies Are Here To Stay, Gerald P. Dwyer, AIER; Also see, Facebook’s Crypto Currency Expected To Add $19 Billion in Revenue, Newsbtc.com
E-Trade Close To Launching Cryptocurrency Trading, Julie Verhage, Bloomberg
You Don’t Understand Bitcoin Because You Think Money Is Real, Maria Bustillos, Medium; Also see, Bitcoin Might Be Crypto-Gold But Ethereum Is Crypto-Silicon, Michael K. Spencer, Medium
Jack Dorsey ‘All-In’ On Bitcoin, Predicts ‘Massive Boon, CNBC; Also see, The History Of Money And The Future Of Cryptocurrency, Brian C. Albrecht, AIER; Also see, How Google Is Quietly Making Blockchains More Searchable, Michael del Castillo, Forbes
Edelman: Bitcoin ETF ‘Virtually Certain’ CNBC; Also see, Finance Expert Ric Edelman: We Will Eventually See A Bitcoin ETF, Ana Alexandre, Cointelegraph
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)
s Now A Good Time To Buy Bitcoin? (video, left) Bloomberg Tech
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;
Is Netflix The Most Powerful Company In Media?, Fox Business
Global Outlook 2019 Manila with Howard Marks (video, left), Bank Of Singapore
CS Commentary: Some great, insightful comments on investing here, especially from a general overall perspective based on where we are in the recovery from 2008 now, well worth the 15 minutes of viewing.
(Start Here First To Understand The Investment Arena Big Picture)
JPM Guide To The Markets April 2019 (video, left), JPM Asset Management Hong Kong
America’s Biggest Economic Challenge May Be Its Demographic Decline, Neil Irwin, NY Times
CS Commentary: Harry Dent may have been one of the first to sound the alarm on this problem as far back as 2008-09, but he largely mis-forecasted when and how the problem would become reality, suggesting that there would be a second major stock market collapse soon after 2008 – this never occurred. Has immigration, central bank manipulation, and globalization solved some of this problem in ways that Dent could not foresee? Perhaps not, but only time will tell.
How SIFMA, FSI, FINRA, And The SEC Conspired To Doom The Advisory Profession, Ron A. Rhoades, Advisor Perspectives
CS Commentary: SIFMA stands for The Security Industry Financial Marketing Association. FSI stands for Financial Services Institute. FINRA stands for Financial Industry Regulatory Association, a Congressionally authorized association that regulates broker-dealers. The SEC is the Security Exchange Commission, an “independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities markets, and facilitating capital formation (Investopedia).
This is the most important article we have published here in sometime, yet, it will be too long and technical for many of our readers. We encourage you to read the introduction and the conclusion. The bottom line here is that the current SEC has, once again, been corrupted by compromise, lobbying and the broker-dealer industry – and the fiduciary landscape may be, once again, about to change. That is, be compromised. At present, investors can rely on the fact that RIA’s (Registered Investment Advisors) are held to a higher Fiduciary standard – this may not be the case much longer if the SEC has its way. For a shorter and simpler explanation of what the fiduciary standard should mean, see the Common Sense Interpretation-Money page and our articles on the Fiduciary Pyramid.
After Two Of The Greatest Bull Markets In History, Why Are Investors So Broke? Lance Roberts, Advisor Perspectives
Gundlach: We Are On The Road To A Large Debt Problem, Robert Huebscher, Advisor Perspectives; Also see, Does The US Debt Matter? (as of 7/28/18), CNBC; Also see, What Would Happen If The US Stopped Paying Its Debt?, Infographics; Also see, How To Solve America’s Spending Problem, Prager U
CS Commentary: This may not be exactly in sync with the US Debt Clock, here but it is close as of 2/14/19.
More Common Sense
The Case For Easter, Lee Strobel
Southern CA Islamist Terror Plot Foiled (video, left), One America News; Also see, Ramadan Is May 5 – June 4: Here’s What It Means, Fiona Mokry, Discoverer
In Trying To Beat Airbus To Market, Did Boeing’s 737 Max 8 Compromise Safety? Devine/Griffin, CNN
Japan Sexual Inexperience And Virginity Rates Increase, Emiko Jozuka, CNN
Cyprus Serial Killer Kills 7 – Four Of Them Filipinos – Aided By Police Mistakes, Before Being Caught, SF Gate/AP; Also see, Cypriot Justice Minister Resigns Over Inept Serial Killer Police Investigation, Fox News
Stop Bickering! It’s Killing Your Relationships (video, right), Esther Perel; Also see, Once A Cheater, Always A Cheater? Esther Perel, CS Commentary: Lots of wisdom here.
Warren Buffet’s Diet Still Includes 5 Cans Of Coke, McDonald’s, And Dairy Queen, Jade Scipioni, Fox Business
Movie Review: Breakthrough (video, right), Movieguide
Film Review: Breakthrough Is A ‘Breakthrough’ Christian Movie, Movieguide
Avengers: Endgame Has Best Opening Day Ever, Frank Pollatta, CNN
These Rare Photos Of Bonnie And Clyde Reveal The Dark Reality Of The Iconic Criminal Couple, Brendan Siegel, Medium
Deana’s ‘Autumn Leaves’ The Voice UK 2019, The Voice UK
Bethziena’s ‘You Don’t Own Me’, The Voice UK
The Numbers Behind The Kentucky Derby (video, left), CNBC; Also see, See Las Vegas Kentucky Derby 2019 Odds Here; Also see, Kentucky Derby Odds Update: Favorite, Omaha Beach, Scratched, CBS Sports
QB Matt Ryan Thankful Falcons Boosted O-Line In Draft, Kevin Patra, NFL; Also see, QB Ryan Says ‘Thanks’ After Falcons Draft 2 Offensive Lineman, AP/Fox Sports
6 Secrets Flight Attendants Won’t Tell You, Vivian Chung, Seeqr
Quote: ‘“As a quality manager at Boeing, you’re the last line of defense before a defect makes it out to the flying public,” Mr. Barnett said. “And I haven’t seen a plane out of Charleston [manufacturing facility] yet that I’d put my name on saying it’s safe and airworthy.”’
John Singleton Dies: Trailblazing ‘Boyz N The Hood’ Director, 51, Dino-Ray Ramos, Deadline
Everything Coming To Netflix In May – And What’s Leaving, Sarah Toy, MarketWatch; Also see, What’s Coming To Amazon Prime In May 2019, Anna Tingley, Variety
Game Of Thrones Premiere: New Series High, Michael O’Connor, Hollywood Reporter; Also see, ‘Bosch’ Review: In Season 5, Still TV’s Best-Written Cop Drama, Verne Gay, Newsday
Quotes Of The Month:
“Most people are defeated by their secondary successes.” – President Harry Truman
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.” – The Man In The Arena, President Theodore Roosevelt