Archive for 2019

Draghi ‘Out’ed By ECB Insiders As Liar And Schemer

Courtesy of ZeroHedge. View original post here.

Authored by Wolf Richter via,

Draghi’s shenanigans get hilarious, months before his term ends.

So here’s ECB President Mario Draghi, whose term ends in October, and he’s at the ECB Forum in Portugal, and in a speech on Tuesday titled innocuously, “Twenty Years of the ECB’s monetary policy” – so this wasn’t a press conference after an ECB policy meeting or anything, but a speech on history at an ECB Forum – he suddenly threw out a whole bunch of stuff…

How, “in the absence of improvement” of inflation, “additional stimulus will be required,” in form of “further cuts in policy interest rates” and additional bond purchases, and how “in the coming weeks, the Governing Council will deliberate how our instruments can be adapted commensurate to the severity of the risk to price stability,” and that “all these options were raised and discussed at our last meeting.”

Whoa! Wait a minute, said the good folks who were part of the ECB’s June meeting. These options were not discussed, they told Reuters on Tuesday.

Draghi had ventured out there on his own – apparently trying to push his colleagues into a corner single-handedly as his last hurrah.

His vision laid out on Tuesday was quite a change from the June 6 post-meeting announcement, which didn’t mention anything about even discussing rate cuts. It said that the ECB expects its policy rates to “remain at their present levels at least through the first half of 2020,” before the ECB would begin to raise them, with the bias still on raising rates, not cutting rates. That was less than two weeks ago, and there had not been another ECB policy meeting since then.

At the June 6 policy meeting, any possibility of a rate cut or renewed asset purchases had been mentioned “only in passing” and without any substantive discussion. The discussion had instead focused on the new package of loans for the banks, the sources said.

The sources told Reuters that ECB policymakers were worried “Draghi was flagging his measures so strongly to markets as a ‘fait accompli’ that there would be no chance for them to disagree with them in at the next policy meeting on July 25,” Reuters reported.…
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Google’s Chrome Web Browser “Has Become Spy Software”

Courtesy of ZeroHedge

Google's Chrome is essentially spy software according to Washington Post tech columnist Geoffrey Fowler, who spent a week analyzing the popular browser and concluded that it "looks a lot like surveillance software." 

Fowler has since switched to Mozilla's Firefox because of its default privacy settings, and says that it was easier than one might imagine. 

My tests of Chrome vs. Firefox unearthed a personal data caper of absurd proportions. In a week of Web surfing on my desktop, I discovered 11,189 requests for tracker “cookies” that Chrome would have ushered right onto my computer but were automatically blocked by Firefox. These little files are the hooks that data firms, including Google itself, use to follow what websites you visit so they can build profiles of your interests, income and personality.

Chrome welcomed trackers even at websites you would think would be private. I watched Aetna and the Federal Student Aid website set cookies for Facebook and Google. They surreptitiously told the data giants every time I pulled up the insurance and loan service’s log-in pages.

And that’s not the half of it.

Look in the upper right corner of your Chrome browser. See a picture or a name in the circle? If so, you’re logged in to the browser, and Google might be tapping into your Web activity to target ads. Don’t recall signing in? I didn’t, either. Chrome recently started doing that automatically when you use Gmail. -Washington Post

When you use Chrome, signing into Gmail automatically logs in the browser to your Google account. When “sync” is also on, Google receives your browsing history. (Geoffrey Fowler/The Washington Post)

Meanwhile, Chrome is even worse when it comes to mobile devices - reporting the precise location of Android users unless location sharing is turned off, in which case it will send out your rough coordinates. 

Cookie monsters

According to one study, tracking cookies from third-parties are on 92% of websites. The Washington Post, for example, uses around 40 – which the company said is "average for a news site," and says they are…
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World’s First All-Electric Passenger Plane Unveiled At Paris Airshow

Courtesy of ZeroHedge. View original post here.

An Israeli startup called Eviation Aircraft unveiled the world's first commercial all-electric passenger plane last week at the Paris Airshow, reported GeekWire.

Called Alice, the all-electric plane is powered by three rear-facing pusher-propellers, one in the back and two at the wingtips that rotate.

Eviation CEO Omer Bar-Yohay told reporters that the plane seats nine passengers and can travel 276mph at 10,000ft altitude over the distance of about 650 miles. Flight testing is expected in the near term at Moses Lake's airport in partnership with Seattle-based AeroTEC. The plane is scheduled to enter service by 2022, could transform small distance travel across America.

"This plane looks like this not because we wanted to build a cool plane, but because it is electric," said Bar-Yohay.

"You build a craft around your propulsion system. Electric means we can have lightweight motors; it allows us to open up the design space."

Eviation logged its first orders this year from regional airline Cape Air, which runs a fleet of 90 aircraft. Retail price is $4 million per plane, Bar-Yohay said.

He said the new electric plane is being "built the way a plane should be built in the 21st century."

Clermont Group, a private investment fund of Singapore-based billionaire Richard Chandler, has been the top funder of Eviation since inception. Clermont has given Eviation $76 million in exchange for a 70% stake, according to the latest SEC filing dating January 3.

In a memo, Chandler told his staff that commercial electric planes would "change the culture of air travel for future generations," and that the aerospace industry is about to enter a new golden era.

"45% of all flights are under 500 miles – approximately the distance from London to Zurich, or New York to Detroit. This puts almost half of all global flights within the range of an electric motor."

Clermont has also invested millions of dollars into magniX, the firm that manufactures the plane's electric motors. Bar-Yohay claimed if there was an air-emergency, the aircraft could fly on two engines.

Bar-Yohay said, "This is an exciting accomplishment…especially here on the grounds in Paris, but it's also very clearly just the beginning."

If Alice passes upcoming flight tests and goes into production; it could enter service by 2022. By the mid-2020s, the plane could completely revolutionize small distance travel.

The Lessons Of Rome: Our Neofeudal Oligarchy

Courtesy of ZeroHedge. View original post here.

Authored by Charles Hugh Smith via OfTwoMinds blog,

Our society has a legal structure of self-rule and ownership of capital, but in reality it is a Neofeudal Oligarchy.

The Inheritance of Rome: Illuminating the Dark Ages 400-1000 is not an easy, breezy read; its length and detail are daunting.

The effort is well worth it, as the book helps us understand how the power structures of societies change over time in ways that may be largely invisible to those living through the changes.

The Inheritance of Rome focuses on the lasting influence of Rome's centralized social and political structures even as centralized economic power and trade routes dissolved.

This legacy of centralized power and loyalty to a central authority manifested 324 years after the end of the Western Roman Empire circa 476 A.D. in Charlemagne, who united much of western Europe as the head of the Holy Roman Empire. (Recall that the Eastern Roman (Byzantine) Empire endured another 1,000 years until 1453 A.D.)

But thereafter, the social and political strands tying far-flung villages and fiefdoms to a central authority frayed and were replaced by a decentralized feudalism in which peasants were largely stripped of the right to own land and became the chattel of independent nobles.

In this disintegrative phase, the central authority invested in the monarchy of kings and queens was weak to non-existent.

In the long sweep of history, it took several hundred years beyond 1000 A.D. for central authority to re-assert itself in the form of monarchy, and several hundred additional years for the rights of commoners to be established.

Indeed, it can be argued that it was not until the 1600s and 1700s--and only in the northern European strongholds of commoners' rights, The Netherlands and England--that the rights of ownership and political influence enjoyed by commoners in the Roman Empire were matched.

It can even be argued that the rights of Roman citizenship granted to every resident of the late Empire were only matched in the 19th and 20th centuries.

The rights of commoners were slowly chipped away by civil authorities and transferred to the feudal nobility. As the book explains, these rights included limited self-rule within…
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New Theory Suggests We Live In A Gigantic Higher Dimensional Black Hole

Courtesy of ZeroHedge. View original post here.

Authored by Jake Anderson via The Mind Unleashed blog,

New research into black holes has accelerated in recent years, producing some outlandish – though mind boggling – ideas. The newest theory advanced by researchers may take the cake in this regard.

A team of astrophysicists at Canada’s University of Waterloo have put forth a theory suggesting that our universe exists inside the event horizon of a massive higher dimensional black hole nested within a larger mother universe.

Perhaps even more strangely, scientists say this radical proposition is consistent with astronomical and cosmological observations and that theoretically, such a reality could inch us closer to the long-awaited theory of “quantum gravity.”

The research team at Waterloo used laws from string theory to imagine a lower-dimensional universe marooned inside the membrane of a higher dimensional one.

Lead researcher Robert Mann said:

The basic idea was that maybe the singularity of the universe is like the singularity at the centre of a black hole. The idea was in some sense motivated by trying to unify the notion of singularity, or what is incompleteness in general relativity between black holes and cosmology. And so out of that came the idea that the Big Bang would be analogous to the formation of a black hole, but kind of in reverse.”

The research was based on the previous work of professor Niayesh Afshordi, though he is hardly the only scientist who has looked into the possibility of a black hole singularity birthing a universe.  

Nikodem Poplawski of the University of New Haven imagines the seed of the universe like the seed of a plant – a core of fundamental information compressed inside of a shell that shields it from the outside world. Poplawski says this is essentially what a black hole is, a protective shell around a black hole singularity ravaged by extreme tidal forces creating a kind of torsion mechanism.

Compressed tightly enough – as scientists imagine is the case at the singularity of a black hole, which may break down the known laws of physics – the torsion could produce a spring-loaded effect comparable to a…
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Morgan Stanley’s 3 Reasons Why The Trump-Xi Meeting Is “A Set-Up To Sell Risk”

Courtesy of ZeroHedge. View original post here.

By Michael Zezas, political strategist at Morgan Stanley

It’s now confirmed that Presidents Trump and Xi are set to meet at the G20 later this week. And while US administration officials have said we shouldn’t expect a deal but rather a path forward for negotiations, this is still welcome news to anyone looking for relief from the tit-for-tat tariff escalation between the US and China. Communication may not be sufficient to break the escalatory cycle, but it’s a necessary condition. And it’s timely, too, as the US authorization to levy tariffs on a further ~US$300 billion of imports from China takes effect in early July. So as we enter this week, there seems good reason to expect that the G20 will result in a tariff ‘pause’, affording both sides a defined period of time to get negotiations back on track before resorting to further tariff escalation.

But investors beware: while a pause is better than escalation, it won’t refresh the economy enough to forestall a challenging path for risk assets. A pause, particularly one that comes without preconditions and follows a period of heated rhetoric, would be positive, signalling that both sides want to avoid further economic damage. If it coincides with Fed dovishness, a pause could boost investor sentiment and risk asset prices in the short term. However, we’d view this more as a set-up to sell risk than a catalyst to turn more bullish. Consider the following:

  1. Market or economic weakness might be needed to avoid further tariffs and make the pause permanent: Just because the US and China may agree to put more negotiating time on the clock doesn’t mean they’ve made any progress on the points that divide them: codifying IP protections, when to remove existing tariffs, and how much to reduce the trade deficit via asset purchases. These gaps will be difficult to bridge, in our view. As we’ve argued previously in the Sunday Start, we think that game theory is a useful framework to gauge how this could play out. These differences are incentives for each side to escalate. We expect that market or economic weakness would clarify the benefits of de-escalation and lead to a deal, but this may not give investors much comfort.
  2. A pause doesn’t fix the

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Hundreds Of 737 Max Pilots Sue Boeing Over ‘Unprecedented Cover-Up”

Courtesy of ZeroHedge

The MAX, first put into service in 2017, was involved in two fatal crashes over the course of a year; the first off the coast of Indonesia in October 2018, killing 189 – and the second in Ethiopia, killing 157. 

The lawsuit, filed by a plaintiff who goes by "Pilot X" in court documents out of "fear of reprisal from Boeing and discrimination from Boeing customers," accuses the Chicago-based aviation giant of "an unprecedented cover-up of the known design flaws of the MAX, which predictably resulted in the crashes of two MAX aircraft and subsequent grounding of all MAX aircraft worldwide."

The pilots argue that they "suffer and continue to suffer significant lost wages, among other economic and non-economic damages" since the fleet was grounded across the globe. 

The lawsuit focuses on the Maneuvering Characteristics Augmentation System (MCAS) anti-stall system, which Pilot X claims gave the aircraft "inherently dangerous aerodynamic handling defects."

The reason for this handling quirk was by design, as Boeing made the decision to retrofit newer, large fuel-efficient engines onto an existing 737 model's fuselage, in order to create the MAX.

The larger engines caused a change in aerodynamics which made the plane prone to pitching up during flight, so much so, that it risked a crash as a result of an aerodynamic stall.

To stop this from happening, Boeing introduced MCAS software to the MAX, which automatically tilted the plane down if the software detected that the plane's nose was pointing at too steep of an angle, known as a high Angle of Attack (AOA). -ABC


In May, we reported that Boeing designers also altered a MCAS toggle switch panel that could have prevented both of the deadly crashes. 

On the older 737 NG, the right switch was labeled "AUTO PILOT" – and allowed pilots to deactivate the plane's automated stabilizer controls, such as the Maneuvering Characteristics Augmentation System (MCAS), suspected to be the culprit in both crashes. The left toggle switch on the NG would deactivate the buttons on the yoke which pilots regularly use to control…
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JPMorgan: There Is Now Just One Scenario That Is Positive For Stocks

Courtesy of ZeroHedge. View original post here.

Amid record high asset prices in virtually everything following last week's dovish FOMC, a fresh concern has emerged: the gaping "alligator jaws" between bond yields and stocks have never been wider, with the latest thrust coming first after Powell's early June admission that an easing cycle is imminent, following by last week's even more dovish FOMC announcement, which confirmed that a July rate cut is in the books, and sent stocks to new all time highs, while bond yields tumbled below 2%, the lowest in three years.

The problem boils down to one simple observation: on one hand stocks are telegraphing substantial market upside and, at least in theory, a booming economy, while bond yields – at 3 year lows – are screaming recession.

Some Wall Street strategists, such as Deutsche Bank's Aleksandar Kocic took on a traditionally whimsical approach to the problem and explained it in the context of Schrödinger paradox… or in his case plates:

In the same way as Schrödinger plates, the economy at the moment is in a superposition of two states – it is both booming and it is headed for a recession. The two states of the economy are entangled. However, we cannot know which state we are in without interfering with it.

And visually:

The extended metaphor – which we discussed extensively yesterday – culminated with the following dilemma:

If the Fed does not cut rates (we open the door), the recession is likely.

If the Fed cuts rates, however (we do not open the door), the recession is averted, but we wouldn’t know if the cuts were needed.

His conclusion: "in either case, Fed actions interfere with the state of the economy and affect the outcome, and in both cases we face the consequences." What is more troubling is that we have reached a point where the consequences of the Fed's actions are dire in either case, resulting in either recession or loss of Fed credibility and independence:

In the case of unresponsive Fed it is a recession, while in the case

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Hedge Fund CIO: “What Makes Today’s Market Unique Is That The Wall Of Worry Appears To Never End”

Courtesy of ZeroHedge. View original post here.

Submitted by Eric Peters, CIO of One River Asset Management

He considered the wall, each stone a worry, within its pattern a story. For three decades he’d been climbing. Every wall was different, a reflection of its unique history. Only at the top were they alike. From that perch, the wall-of-worry overcome, did the greatest risk appear.

When he first started studying markets in the trading pits, survivors simply said that prices top when there are no more bears, when everyone who will buy has bought. From there, all it takes to turn is a single bull who decides to sell. After all these years he’d discovered no better explanation.

The greatest example was the dot com bubble. The Y2K worry was a gigantic boulder atop that wall. On March 24th, 2000, having scrambled up and over, the last bear turned bullish, the market peaked. What makes today’s market unique is that the wall appears to never end.

No sooner do we arrive at the top then new worries arise: Trade wars, Comey, Mueller, Korea, Cold War, government shutdown, impeachment, immigration, invasion, quantitative tightening, Turkey, Venezuela, SWIFT payments, sanctions, Huawei, Mexico, Iran, Fed independence, now under assault. And everywhere, always, America’s unilateral challenge to the terms of global trade, security, economic orthodoxy.

Each new worry magically extends the rally.

In the background is the bond supply, growing inexorably, as rates decline. $13trln in global fixed income securities yield something negative. Supporting economic growth is the world’s wealthiest nation, running a 5% budget deficit while at full employment, its GDP above potential.

And with an increasingly politicized Fed acting out of sync, coming to the rescue somewhere near the top, unwilling to wait for the tumble, the biggest risk is not that we run out of self-inflicted worries to sustain the rally, but rather that today’s proactive policy fails to provide the lift we’ve come to count on, or that inflation suddenly emerges.

Perhaps both.

* * *


“Think in centuries,” said the CIO, playing games with himself. “Will fossil fuels be our primary energy source in 100yrs?” he asked. “Of course not.” Will they dominate in 50yrs? 25yrs? What…
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Florida City Pays $600,000 Bitcoin Ransom To Hackers After Ransomware Attack

Courtesy of ZeroHedge

The Florida City of Riviera Beach paid a $600,000 to hackers who took over its computer system in a ransomware extortion operation, paralyzing the city's operations, according to the Palm Beach Post

Riviera Beach City Hall (photo: Melanie Bell, Palm Beach Post)

Everyone from the city council on down was been left without email and phone service. Paychecks that were supposed to be direct-deposited to employee bank accounts instead had to be hand-printed by finance department staffers working overtime. Police searched their closets to find paper tickets for issuing traffic citations.

In a meeting Monday night announced only days before, the board voted 5-0 to authorize the city insurer to pay 65 bitcoins, a hard-to-track cryptocurrency valued at approximately $592,000. An additional $25,000 would come out of the city budget, to cover its policy deductible. Without discussion on the merits, the board tackled the agenda item in two minutes, voted and moved on. -Palm Beach Post

The Riviera Beach City Council unanimously voted last week to meet the hackers' demands, after the Palm Beach suburb's records were encrypted. The counsel had previously voted to spend $1 million on computer upgrades three weeks ago. 

According to the Post, the FBI and DHS are investigating the attack, which began after someone in the police department opened an infected email on May 29.

"This whole thing is so new to me and so foreign and it’s almost where I can’t even believe that this happens but I’m learning that it’s not as uncommon as we would think it is," said Council Chairwoman KaShamba Miller-Anderson in a Wednesday statement. "Every day I’m learning how this even operates, because it just sounds so far fetched to me." 

According to the U.S. Department of Homeland Security, ransomware is the fastest growing malware threat, targeting both individuals and organizations. In 2018, the massive "SamSam" virus disrupted the flight information system, baggage displays and email at Cleveland Hopkins International Airport, while another attack crippled computers at the Port of San Diego. 

City governments in Atlanta, Newark, N.J., and Sarasota, Fla., also have been hit

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Phil's Favorites

DNA testing companies offer telomere testing - but what does it tell you about aging and disease risk?


DNA testing companies offer telomere testing – but what does it tell you about aging and disease risk?

A telomere age test kit from Telomere Diagnostics Inc. and saliva. collection kit from 23andMe. Anna Hoychuk/

Courtesy of Patricia Opresko, University of Pittsburgh and Elise Fouquerel, Thomas Jefferson University

Over the past few years direct-t...

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Kimble Charting Solutions

U.S. & Euro Financials Lagging Big Time! Should Stock Bulls Be Concerned?

Courtesy of Chris Kimble.

Historically its been positive to see Financials doing well at the same time the broad market is pushing higher! If financial stocks are lagging bit time, should stock bulls be concerned?

This chart compares banks and in the U.S. (XLF) & Europe (EUFN) to the S&P 500 over the past 18-months.

Currently, XLF is lagging the S&P by more than 11...

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Zero Hedge

Tesla "Adjusts" Prices Again: Hikes Model X, S Starting Prices, Slashes Cost Of Model 3

Courtesy of ZeroHedge. View original post here.

Tesla, who wants you to know that they are definitely, certainly not facing a demand problem, has again dropped the price of its Model 3 while bumping up starting prices of its Model S and Model X in what appears to be a push to drive more Model 3 sales and higher margin Model S and X sales. The move comes days after the company reported record Q2 deliveries, according to ...

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Insider Scoop

Earnings Scheduled For July 16, 2019

Courtesy of Benzinga.

Companies Reporting Before The Bell
  • Goldman Sachs Group Inc (NYSE: GS) is projected to report quarterly earnings at $5.00 per share on revenue of $9.13 billion.
  • Domino's Pizza, Inc. (NYSE: DPZ) is expected to report quarterly earnings at $2.02 per share on revenue of $836.92 million.
  • JPMorgan Chase & Co. ... more from Insider

Digital Currencies

Bitcoin Breaks Back Below $10k, Crypto-Crash Accelerates As Asia Opens

Courtesy of ZeroHedge. View original post here.

Update 2010ET: Having briefly stabilized after this morning's weakness, cryptos are tumbling once again as Asian markets open.

Bitcoin has broken below $10,000 again...

*  *  *

While all eyes are on Bitcoin as it slides back towards $10,000, the real mover in the last 12 hours has been Ethereum after...

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DNA testing companies offer telomere testing - but what does it tell you about aging and disease risk?

Reminder: We're is available to chat with Members, comments are found below each post.


DNA testing companies offer telomere testing – but what does it tell you about aging and disease risk?

A telomere age test kit from Telomere Diagnostics Inc. and saliva. collection kit from 23andMe. Anna Hoychuk/

Courtesy of Patricia Opresko, University of Pittsburgh and Elise Fouquerel, ...

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Professor Shubha Ghosh On The Current State Of Gene Editing


Professor Shubha Ghosh On The Current State Of Gene Editing

Courtesy of Jacob Wolinsky, ValueWalk

ValueWalk’s Q&A session with Professor Shubha Ghosh, a professor of law and the director of the Syracuse Intellectual Property Law Institute. In this interview, Professor Ghosh discusses his background, the Human Genome Project, the current state of gene editing, 3D printing for organ operations, and gene editing regulation.


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Chart School

Gold Gann Angle Update

Courtesy of Read the Ticker.

Charts show us the golden brick road to high prices.

GLD Gann Angle has been working since 2016. Higher prices are expected. Who would say anything different, and why and how?

Click for popup. Clear your browser cache if image is not showing.

The GLD very wide channel shows us the way.
- Conservative: Tag the 10 year rally starting in 2001 to 2019 and it forecasts $750 GLD (or $7500 USD Gold Futures) in 10 years.
- Aggressive: Tag the 5 year rally starting in 1976 to 2019  and it forecasts $750 GLD (or $7500 USD Gold Futures) in 5 years.

Click for popup. Clear your browser cache if ima...

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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...

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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism


The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...

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Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.


This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...

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Free eBook - "My Top Strategies for 2017"



Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:


·       How 2017 Will Affect Oil, the US Dollar and the European Union


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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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