Gold Matches S&P 500 Performance In First 3 Quarters; Up 12% 2017 YTD
Editor Mark O'Byrne- Gold climbs over 12% in YTD, matching S&P500 performance- Palladium best performing market, surges 36% 2017 YTD- Gold outperforms Nikkei 225, Euro Stoxx 50, FTSE and ISEQ-...
View ArticleLook Who Kalanick Just Appointed To The Uber Board Without Consulting Anyone
It looks like Travis Kalanick is preparing for all-out war in the Uber boardroom.The Uber co-founder and former chief executive officer - who retains control over three board seats, including his own -...
View ArticleEric Peters On Tipping Points: "It All Worked Incredibly Well, Until It Blew Up"
Two years ago, long after we first suggested that the transformation of VIX from a measure of implied market volatility to a reflexive instrument that can be traded - and thus influence the underlying...
View ArticleRichter: "The Pricing Of Risk Is Kaput"
Authored by Wolf Richter via WolfStreet.com,US Treasury Yield v. Euro “Junk Bond” Yield. A new record in central-bank engineered absurdity. US Treasury Securities with longer maturities fell this...
View ArticleUber Shareholder Drops Lawsuit Against Kalanick, Clearing Way For Softbank...
Tuesday’s meeting of the Uber Inc. board – the first following Kalanick’s unilateral decision to appoint former Xerox Corp. Chairwoman and CEO Ursula Burns and former Merrill Lynch Chairman and CEO...
View ArticleThe Crash Of '87 Remembered: "It Was Clear The Acapulco Cliff-Dive Was On For...
“The markets in a panic are like a country during a coup, and seen in retrospect that is how they were that day,” wrote a young Salomon bond salesmena named Michael Lewis, of the chaos he witnessed....
View ArticleBlack Monday 2.0: The Next Machine-Driven Meltdown
Authord by Ben Levisohn via Barrons,In the rise of computer-driven trading, some hear echoes of the stock market’s 1987 crash. Beware the feedback loop...Black Monday. Although the event to which those...
View ArticleRobert Shiller: 1987 Could Happen Again
By Robert Shiller, first published in the NYTOct. 19, 1987, was one of the worst days in stock market history. Thirty years later, it would be comforting to believe it couldn’t happen again.Yet that’s...
View ArticleEmails Reveal Bill Clinton Met With Vladimir Putin Just Before Uranium One Deal
If President Trump or anyone even remotely close to his presidency, including his best friend from 2nd grade that he hadn't seen in 40 years, sought to meet with key Russian nuclear officials, in...
View ArticleFrontrunning: October 23
Trump Backs GOP Incumbents, Hinting at Bannon Conflict (WSJ)Japan's Abe to push pacifist constitution reform after strong election win (Reuters)Yellen Says Fed May Need to Use Unconventional Policy...
View ArticleThe Fed Balance Sheet Unwind Myth
Authored by Lance Roberts via RealInvestmentAdvice.com,Since the beginning of the year, the Federal Reserve has been heavily discussing, warning rather, they were going to begin to “unwind” their...
View ArticleHedgies Have Never Been 'Longer' The Energy Complex As Analysts Raise Oil...
With WTI prices holding at 6-month highs around $54 (and Brent at $60), Reuters' John Kemp notes that hedge funds have never, ever been more bullishly positioned in the entire energy complex.Hedge...
View ArticleBitcoin, Blockchain, And Bank Of America
Authored by Chris Whalen via The Institutional Risk Analyst,During our travels over the past two weeks, we tried to keep up with the financial press, particularly the growing sense of unease felt by...
View ArticleStockman Slams Mueller's Mugging Of America: The Case Of Baby George...
Authored by David Stockman via David Stockman's Contra Corner blog,This is how the Deep State crushes disobedience by the unwashed American public. It indicts not only ham sandwiches but, apparently,...
View ArticleFed Tactical in Two Pictures
If you consider the tactical situation facing the Federal Open Market Committee, two pictures really tell the tale. First is GDP, FedFunds, 2 year Treasury Notes and 10 year T-bonds, as shown in the...
View ArticleBroadcom Offers Hostile $130 Billion Deal To Buy Qualcomm In Largest Tech...
Update: QUALCOMM IS SAID POISED TO REJECT BROADCOM’S OFFER: FT* * * As was leaked by Bloomberg on Friday afternoon, this morning communications chipmaker Broadcom, which just last week announced it...
View ArticleGerman Investors Now World's Largest Gold Buyers
German Investors Now World's Largest Gold Buyers- German gold demand surges from 17 ton-a-year to a 100 ton-plus per year- €6.8 Bln spent on German gold investment products in 2016, more per person...
View ArticleStockman Warns "Mind The Junk" - This Ain't Your Grandfather's Capitalism
Authored by David Stockman via Contra Corner blog,The financial system is loaded with anomalies, deformations and mispricings - outcomes which would never occur on an honest free market. For example,...
View ArticleFederal Prosecutors Are Running Amok
Authored by William Anderson via The Mises Institute,It is hard to know where to begin regarding the charges against Paul Manafort, the former campaign director for Donald Trump’s successful...
View ArticleIt's A 'Turkey' Market
Authored by Lance Roberts via RealInvestmentAdvice.com,With Thanksgiving week rapidly approaching, I thought it was an apropos time to discuss what I am now calling a “Turkey” market.What’s a “Turkey”...
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