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Debt is climbing and profit is falling…. just like they did in 2000 and 2008…

U.S. Treasury bonds (and bills and notes) are often thought of as risk-free investments. The U.S. Treasury has always honoured its debts in dollars. BUT the purchasing power of those bonds can decline, sometimes dramatically. This chart, from Lyn Alden, shows the historical yield of the 10-year Treasury note (blue line) along with the forward […]

I have an associate interested in investing in the following types of ventures: **Development, secured by freehold land, to 75% LTV **Corporate acquisition by company with EBITDA >A$10m ** Restructuring finance for property developments **Take over loan portfolio >A$30m Interested?

…PEmax is NOW at the level of the peaks of Black Friday in October 1929 and Black Monday in October 1987 and is only less than the peak at the Y2K/dotcom bubble… PEmax = Share Price/highest prior 12-month earnings

 From Colin Twiggs’ Trading Diary: “…This is a bear market. Recovery hinges on an unlikely resolution of the US-China ‘trade dispute’.”

From The New York Times, 19 September 2017, by Binyamin Appelbaum, and Gold, Stocks and Forex, 23 September 2017, by Colin Twiggs: WASHINGTON — The Federal Reserve, which invested trillions of dollars to prop up the American economy after the 2008 financial crisis, is finally ready to take away the crutches. The Fed …will gradually reduce […]

From The Australian, 21 Sept 2017: The Reserve Bank has warned “this year is crunch time” for the Brisbane property market, where the central bank is “most concerned” about a potential housing crash. Speaking at an Australian Business Economists lunch in Sydney yesterday, RBA assistant governor Luci Ellis also warned that global interest rates would […]

From the Asia Times, 18 September 2017, by “Spengler”(David Goldman): …When China’s 2015 stock market bubble popped, prevailing Western opinion held that China’s economic boom would flame out in a debt crisis comparable to America’s subprime disaster of 2008 or the near collapse of Europe’s southern tier in 2013. Now that China’s tradeable stock market […]

Lieblich & Associates provided dispute-resolution services in two payment-claim disputes, in accordance with the recently-amended Construction Contracts Act (WA), over the last few weeks. (illustrative image only) The first was an automation-software engineering project on a major WA resources project. The subcontractor was seeking the reimbursement of several hundred-thousand dollars guarantee bond being held by […]