Using Veritas to Construct the "Per…

29-04-2017 Hits:93396 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:84615 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:84532 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:89091 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:87568 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:87379 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:58546 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:86911 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:86528 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:86871 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:93187 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:90514 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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Canadian Dollar Too Strong?

  • Minority opposition in Canadian Parliament is growing over strengthening Loonie
  • Leaders fear fallout in exports from CAD nearly at parity with USD
  • CAD strength is directly tied to Chinese commodity demand (is the CAD bubblicious, too?)

Relevant BoomBustBlog content (we gave you an explicit warning of this in early January): China's Most Expensive Export: Price Inflation

Ukraine is dangerously close to the brink

  • Ukraine is about to use up the remainder of a $16.4 billion IMF loan
  • Premier Mykola Arazov has applied for another loan to "reform the economy" (what the hell did they do with the first $16.4 billion?)
  • Ukraine has needed assistance to make good with about 20 lenders

We have went through this in exquisite detail, both in the public sections of the blog and particularly in the subscriber-only content. See The Depression is Already Here for Some Members of Europe, and It Just Might Be Contagious! Professional and institutional subscribers should carefully reference "Banks Exposed to CEE & SEE" while all paying subscribers should review the "Greek Banking Industry Tear Sheet".

  • Greece's external debt is 147% of GDP (think Domino effect) and 66% of that is public sector debt
    Given most of the issues facing Greece involve public sector generosity, solutions must come from the public sector in the form of more revenue, less expenditures, or both
    Banks have become increasingly reliant on ECB for short term liquidity

New Normal in Australia? From Is Australias luck about to run out?

  • Australian housing prices have doubled in the past decade, and export prices have done even better
  • Loans to Deposits are at 120%, bank risk is growing, and the government continues to offer home purchasing incentives to prop up prices
  • Australia is potentially a triple risk threat: double dip in US destroying the risk trade, Chinese construction collapsing driving export prices down, or the Australian housing bubble bursting with leverage

Subscribers, see China Macro Discussion 2-4-10. Non-subscribers, reference:

Borat Bests Cailfornia.....Again from the Financial Times

  • California's inability to cut debt, tighten/reform pension liabilities, and large rate of dependency have driven CDS spreads wider (don't worry, they tried to blame it on the squid too)
  • Kazakh demographics are favorable in comparison to CA, and has access to a $25 billion rainy day fund
  • The Californian response of trying to kill the messenger is dangerously similar to Europe and the PIIGS, muni risk continues to climb under the nose of the marketplace

For more on my take on Muni-risk, dating back to the spring of 2008 when I told everyone several states were bound to have their finances collapse, see "Here's Another "I Told 'ya So" for the Muni Buyers "

Employment Recovery?  Or just the Census? From Businessweek:

  • US payrolls grew by 162,000 workers, according to BLS estimates of the U-3 rate
  • The data includes nearly 50,000 temporary government employees, mostly Census hires
  • Earnings per hour fell (stagflation hint? Oil & other input prices are currently going up!) and the amount of people working part time that could not find full time jobs continues to rise

For more on this, see "Are the Effects of Unemployment About To Shoot Through the Roof?" where we get into the nitty gritty of the unemployment numbers, the empirical way.

Timmy Two Faced Geithner and the Chinese Revaluation, From

  • After a few weeks of bitching about the undervalued Chinese Yuan, nothing notable is done, and Secretary Geithner is headed to China for damage control
  • With a potential trade deficit for China for the month of March, 25% YoY M2 growth, and explosive credit growth, the Yuan appreciating from a float is not a sure bet
  • The Yuan debate may be the first big step toward a large US/Asian trade war, as the only reason the US cares about the CNY exchange rate is generate manufacturing jobs domestically, no matter the cost
  • Subscribers, see "The Potential Effects of Remnibi Appreciation on China's Economy "

Is this Really News?  Italian Swap Losses Increase From Bloomberg:

  • Swaps have continued to sour to the tune of .07% of GDP in Italy
  • No word on the underwriter of the swaps
  • Italian has nearly 3x in the sovereign CDS market as Greece

All readers should reference "Once You Catch a Few EU Countries "Stretching the Truth", Why Should You Trust the Rest?" as wells as Smoking Swap Guns Are Beginning to Litter EuroLand, Sovereign Debt Buyer Beware! and Lies, Damn Lies, and Sovereign Truths: Why the Euro is Destined to Collapse! . Subscribers should also see  Italy public finances projection and  Italian Banking Macro-Fundamental Discussion Note.