Entries by The Trend Letter

The 100 largest US public sector pension plans have a $1.2 trillion funding gap

From http://www.breitbart.com The 100 largest public employee pension plans in the United States face an unfunded liability of more than $1 trillion. This figure, compiled by consulting firm Millman, likely under-reports the actual liability, because it is based on the plans’ own, rather rosy, assumptions of investment returns. The true gap between what politicians have promised state and […]

China spooking global markets

The Chinese government implemented a new ‘circuit-breaker’ system that was supposed to give investors a feeling of safety & security, knowing that the market couldn’t fall too much in a day. Unfortunately, it has had the opposite effect. The new ‘circuit-breaker’ system halts trading if the market declines 5%, & then halts again if it […]

Market Turmoil

Volatility has ramped up & the ‘risk-off’ sentiment has taken hold of the markets. The Nikkei market started the damage as concerns over North Korea’s claim it had successfully carried out a hydrogen bomb test frightened markets early in Asia, & lasted right through the close in North America. There were many questions as to […]

NASA: Burning fossil fuels ‘COOLS planet’

Major theories about what causes temperatures to rise have been thrown into doubt after NASA found the Earth has cooled in areas of heavy industrialization where more trees have been lost and more fossil fuel burning takes place. Environmentalists have long argued the burning of fossil fuels in power stations and for other uses is […]

A must see chart

It is said that in the markets as in life, history provides great insight for the future. If so, the following charts offer a compelling argument that the S&P 500 will have a strong run into the first quarter of 2016. We compared these charts about 6 weeks ago, showing the uncanny similarity of the […]

Fed raises rates – what it means

For the first time in more than nine years, the Federal Reserve (Fed) voted unanimously to raise its benchmark interest rates by 25 basis points to a range of 0.25% – 0.50%. “With the economy performing well and expected to continue to do so, the committee judges that a modest increase in the federal funds […]