3rd Quarter 2018 Wrap Up: Equity Overview & Blockbuster Chartology


~ Audio posted here for Solari Report subscribers on the evening of October 25, 2018 ~


“I believe that in the fog and distorted noise of a world of booms and busts, the
sanctity of our savings demands an escape from what is merely financial. The only one I know is that of seeking to find what is scarce and valuable to me. And so it is, subjectively, for each one of us, in his own judgment, and commensurate with his duty to his family and to others —subjective value about what is real and what is enduring.”
~ Tony Dedon

“We have the resources to build room for a trillion humans in this solar system, and when we have a trillion humans, we’ll have a thousand Einsteins and a thousand Mozarts. It will be a way more interesting place to live.” ~ Jeff Bezos

By Catherine Austin Fitts

This week on The Solari Report, I will present the 3rd Quarter 2018 Wrap Up Equity Overview, including the new Rambus Blockbuster Chartology. Make sure to check out the financial charts on our 3rd Quarter 2018 Wrap Up web presentation as well as the Chartology when it is posted on Thursday.

I want to revisit the fundamental model operating in the global financial markets. The United States has now made a significant public commitment to a financial system based on “neverland” accounting. The federal finances are non-transparent as a matter of official policy at the same time that ever more resources are centralized and directed through the federal budget and credit. Furthermore, the federal government can waive corporate transparency in the interest of national “security” while it engineers corporate profits. This means the corporations that run — and even control – the US government operations also enjoy “neverland accounting.”

We have reached the point where stock and bond market prices are politically determined and subsidized with citizens funds – including taxes, savings and pension funds. If prices and financial disclosure are more or less meaningless, and the US Constitution and financial management laws are suspended, how do we navigate? How do we save and invest? How do we view the global securities markets?

I will touch on the most important events in the global equity markets since our last Equity Overview:

  • Divergence between US and global markets
  • Where are we – correction or beginning of bear market?
  • AI Superpowers – the billion dollar IPOs
  • The Global 2.0-3.0 divergence

In Let’s Go to the Movies, I recommend the Corbett Report’s 9/11 Trillions: Follow The Money as it attempts to ask some profound and important questions about government money missing as of 2001, which informs our understanding of the current financial models.

It’s the last Thursday of the month, so there is no Money & Markets. Post your questions for the Equity Overview here or e-mail to Ask Catherine. You can post your Money & Markets questions at the commentary for Catherine’s November 1st Money & Markets commentary here.

Talk to you Thursday!

Related Reading

Investment value in an age of booms and busts: A reassessment