David Rosenberg: "This Is A Bubble Of Historic Proportions"
Shortly after we remarked most recently on the unprecedented Canadian housing bubble that has migrated from Vancouver to Toronto, Gluskin Sheff's Chief Economist David Rosenberg joined the growing...
View Article9 Charts Showing Market Bears Are Waking Up
Just when you thought it was safe to stride safely through the forest of stock market investing (hey - banks, Trump, hope, reform, stimulus, earnings, and Trump again); the bears are coming out of...
View ArticleGlobal Financial Market Stress Soars To 2017 Highs
April looks set to be the worst month since August 2015(when China devalued and turmoil spread across the world) for global financial stress.As Bloomberg reports, rising geopolitical concerns are...
View ArticleThe Best 'Unknown' Indicator
Authored by Kevin Muir via The Macro Tourist blog,Lately there has been all sorts of chatter about the collapse of Chinese Iron Ore prices. There can be no denying, the chart looks like death.A move...
View ArticleGlobal Stocks Pause Ahead Of GDP Report; Nasdaq Hits Fresh Record High
Despite yesterday's whopping beats by Amazon and Google which sent the Nasdaq to new record highs after hours, and brought Jeff Bezos "this close" to overtaking Bill Gates as the world's richest man,...
View ArticleWhy The Crude Rally Has Fizzled - Part 3 (Of 3)
Authored by James Bambino via Platts blog,This is the third and final segment of a three-part look at why oil prices have failed to rally despite OPEC’s best efforts at managing supply cuts. Not only...
View ArticleBank of England Gold Vaults Bled 1500 Tonnes of Gold over 2013-2016 New Data...
Submitted by Ronan Manly, BullionStar.comAn article in February on BullionStar’s website titled “A Chink of Light into London’s Gold Vaults?” discussed an upcoming development in the London Gold...
View ArticleGlobal Stocks Hit All Time High As Fed Meeting Begins
With the Fed set to begin its latest 2-day meeting (no rate hike is expected), S&P futures are little changed with European and Asian stocks higher after the VIX dropped to a 10 year low and the...
View ArticleEquity Outflows Surge As Stocks Limp To Record High
After the quietest 8 days in S&P history since 1964... The broad market index managed to limp quietly to a new record close on Friday after a very mixed payrolls print. However, despite the...
View ArticleWall Street Reacts To Macron's Win: "Don't Expect Fireworks"
Emmanuel Macron has won the presidency of France, and markets can heave a sigh of relief. The key question for traders is what comes next.As Bloomberg's Cameron Crise notes, markets have cheered...
View ArticleCoach Acquires Kate Spade For $18.50 Per Share
In some good news for the distressed US retail sector, on Monday morning handbag retailer Coach confirmed long-running speculation, when it announced that it would acquire peer Kate Spade in a $2.4...
View ArticleDéjà Vu In The USD Bull Market?
By Chris at www.CapitalistExploits.atWhat in God's name is happening? It's not a high. It's a record high. Sweet mother of Mary... As we can see from the above chart courtesy of the FT, emerging...
View ArticleBharara Joins The Trump "Resistance": Asks If Any Public Servants Will Dare...
It appears the so-called 'resistance' is coalescing around a number of fired-by-Trump formerly powerful Obama administration officials desperate to maintain the tyrannical Trump narrative. The latest...
View ArticleThe 'Soft Coup' Of Russia-Gate
Authored by Robert Parry via The Strategic Culture Foundation,Where is Stanley Kubrick when we need him? If he hadn’t died in 1999, he would be the perfect director to transform today’s hysteria over...
View ArticleVisualizing The Expanding Universe Of Cryptocurrencies
Bitcoin is the original cryptocurrency, and its meteoric rise has made it a mainstay of conversation for investors, media, and technologists alike.In fact, as Visual Capitalist's Jeff Desjardins...
View ArticleMillennials Choose To Spend Money On Travel, Dining, And Fitness Than Save...
Submitted by Nicholas Colas of ConvergexMillennials save more of their income than older generations. Don’t believe it? Look at a recent survey by Merrill Edge, which found millennials say they save...
View ArticleS&P Futures At Record High After "Shocking" UK Election Result
"Triple Threat Thursday" is now a distant memory, with both the ECB and Comey testimony "non-events" for the market, although the UK general election was a shocker in which contrary to expectations,...
View ArticleLTCM Is Back: One Hedge Fund Uses 25x Leverage To Beat The Market
Before we start, a little history lesson...At the beginning of 1998, Long-Term Capital Managementhad equity of $4.72 billion and had borrowed over $124.5 billion with assets of around $129 billion, for...
View ArticleYour Last Minute FOMC Preview: "Will It Be A Dovish Hike Or Not"
Courtesy of RanSquawkThe FOMC is seen raising the Fed Funds Rate target by 25bps to 1.00-1.25% at 1400EDT, but the main focus will be on the hike trajectory Updated economic projections will be...
View ArticleClinton Faces Loss Of Security Clearance After State Begins Probing Her...
The State Department confirmed months of speculation on Tuesday when it leaked to Fox News that it had opened a formal inquiry into Hillary Clinton’s alleged mishandling of classified information on...
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