Gundlach: When the Next Recession Comes, the U.S. Will Get Crushed
“I think there’s going to be a rotation into non-U.S. stocks — the dollar is going to be weak.”
“I think there’s going to be a rotation into non-U.S. stocks — the dollar is going to be weak.”
Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. Further evidence emerged Monday that ECB rules designed to alleviate the drag of negative rates on bank profitability are pushing deposits out of Germany into more cash-strapped areas. Data for the end of October shows the Bundesbank’s Target2 balance … Read more
#recession… China #Corporate $USD #Liquidity #Squeeze edition Every day it's another Shandong default:"Xiwang failed to pay a 1 billion Yuan loan on Wed… The latest bond failure triggered cross-default clauses on other bonds, including a 800 million Yuan bond due Thurs" https://t.co/aht79NCSWw — Invariant Perspective (@InvariantPersp1) December 2, 2019 #HK economy is expected to contract … Read more
CNBC’s Jim Cramer says he doesn’t think the stock market will drop in December as it did last year. December has historically been the strongest trading month of the year, but last year the S&P 500 dropped more than 9% after months of selling. This year, Cramer sees “green shoots” in Europe and expects markets … Read more
https://www.cnbc.com/2019/12/02/in-2019-almost-every-investment-worked.html The S&P 500 is up more than 25% and counting. Treasurys also soared in 2019. Oil, gold and corporate bonds all scored double-digit returns. Only 64 names in the S&P 500, or 12%, are in the red this year. All 11 S&P 500 sectors are ending the year with positive returns. “What a year … Read more
by dingodoyle The good folks at r/wsb found another infinite money glitch: https://www.reddit.com/r/wallstreetbets/comments/e4k0l7/robinhood_infinite_money_glitch_step_by_step/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Here’s an explanation of what is going on: https://www.reddit.com/r/wallstreetbets/comments/e4vatr/infinite_price_improvement_explained/?utm_source=share&utm_medium=ios_app&utm_name=iossmf The Robin Hood team posted a statement on r/wsb and promptly got banned: https://www.reddit.com/r/wallstreetbets/comments/e4r0sy/robinhood_statement_on_options_collateral_and/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
by SFWorkRedditaccount I stopped watching CNBC because of this guy. He interrupts people who are far smarter and successful than him, talks a lot and says nothing of substance. Watch him interrupt Warren Buffett in this interview (skip to 10:00) about not tweeting before going on the show: Is he trying to be funny? he … Read more
Mike & Half Dollar are your hosts for Silver Doctors Live. Watch the show live, or the replay of it, in its entirety below! Link to the Silver Doctors YouTube Channel if needed: https://www.youtube.com/silverdoctors By now, it should be obvious to all that it’s the end of Black Friday as we know it. This year, however, the mainstream media … Read more