Largest Public Pensions Face $2 Trillion Hole, Moody’s Says



From Bloomberg...

The 25 largest U.S. public pensions face about $2 trillion in unfunded liabilities, showing that investment returns can’t keep up with ballooning obligations, according to Moody’s Investors Service.

The 25 biggest systems by assets averaged a 7.45 percent return from 2004 to 2013, close to the expected 7.65 percent rate, Moody’s said in a report released today. Yet the New York-based credit rater’s calculation of liabilities tripled in the eight years through 2012, according to the report.

FBI slams Apple for protecting privacy



FBI director James Comey, has come out swinging at Apple and Google for developing forms of smartphone encryption so secure that law enforcement officials cannot easily gain access to information stored on the devices.

September 26 Update - TTT Subscriber Content




So ends an extremely erratic market week, with the DJIA up again triple-digits, though as expected the market is down for the week (170 points).

We do not have a change in the Weekly pivot, however Friday's rally is enough to set us back to the "bullish" reading for the time being.


Recap: A material market drop is long overdue, and conditions are ideal for such a drop to begin at any time if it did not already begin this past Monday.

Stop & Seize



(from the Washington Post)....

After the terror attacks on Sept. 11, 2001, the government called on police to become the eyes and ears of homeland security on America’s highways.

Local officers, county deputies and state troopers were encouraged to act more aggressively in searching for suspicious people, drugs and other contraband. The departments of Homeland Security and Justice spent millions on police training.

Market Musings - Gold Update



Below is the latest Market Musings - Live presentation on Gold. 

September 21, 2014 issue of the TREND letter



The September 21st issue of the TREND letter has been sent to subscribers. 

Market Musings - Live



Below is the link to access the latest issue of Market Musings - Live. For those who prefer to read the material, there is a link below to access the pdf version of the presentation.

September 7 issue of the TREND letter - Live



The September 7, 2014 issue of the TREND letter - Live has been sent to subscribers. 

Are you getting these kind of results?



One of our paid subscribers sent us a note showing how poorly a couple of the other investment newsletters that she subscribes to are performing. In both publications, over 30% of their current and closed positions were in the red, and most of those were down by over 30%.

September 1, 2014 issue of the TREND letter - Live



The video & pdf versions of the September 1, 2014 issue of the TREND letter - Live have been sent to subscribers.