by Chris I have not seen this behavior before. VIX and the S&P futures usually trade in near-perfect inverse lockstep. This morning “they” are banging away on the VIX lever and guess what? It’s not working! This is the sort …
by David Haggith It took sixteen months to build the exceptionally steep Trump Rally, and just one week to eliminate a quarter of it. While I wouldn’t call that jolting reversal a stock-market crash in the ordinary sense, the largest one-day …
So an Atlanta entrepreneur and government contractor named Tiffany Brown who owns a company called Tribune Contracting got a $156 million contract through FEMA to provide 30 million for meals for Puerto Ricans, who are dealing with the horrific aftermath …
by James Hall The actual productive economy has very little in common with the erratic and substantial movement in equity pricing on the major exchanges. The conditions for conducting commerce have not appreciably changed in the last days to warrant a …
Financial expert Peter Schiff predicts, “Now, the crash in the dollar that I envisioned (years ago) and the crash in the U.S. economy is going to be much bigger than 2008 and much more dramatic and devastating to the average …
by Mark Angelides Passing quietly under the radar yesterday was the International Zero Tolerance Day for Female Genital Mutilation. Apparently the day is meant to promote awareness and tackle this barbaric practice…But what did it really achieve? In the UK, all …
by Ruby Henley If you were shocked when the FISA MEMO dropped, you will drop to the floor when you read this. Carter Page was an undercover FBI agent, who helped to bring down a Russian spy ring. Later, the …
By Michael Snyder Seriously? We were expecting that Tuesday would be an unusual day on Wall Street, and that was definitely the case. At the low point, the Dow Jones industrial average was down 567 points, but at the closing …
Anyone notice the market breaking and low vol collapsing happened w/ bond yields surging. lol we're so screwed — Alastair (@StockBoardAsset) February 6, 2018 Is the honeymoon over? “I’ve lost $4 million, 3 years worth of work, and other people’s …
More former intelligence community members getting on-air gigs with the media. NBC News PR: NEW: Former @CIA Director @JohnBrennan is now a senior national security and intelligence analyst for @NBCNews and @MSNBC. He will first appear on @MeetThePress with @ChuckTodd …
Stocks are lower now in volatile trading; Dow swings in wild 934-point range Stocks trying to find support in volatile markets from CNBC. At its extremes the Dow was down by 567 points and higher by 367 points. “I thought …
by Chris Black I am aware of the fact that other things are happening besides the Trump-Russia investigation and the now-declassified FISA memo which sparked outrage in leftist circles. The stock market’s wild ride is giving investors high blood pressure …
by Simon Black Last night I was checking out tickets for some upcoming travel. I’ll be headed to Colombia soon to check on the progress of a large cannabis investment we’ve made there, then off to Miami for an event with …
by Daniel Carter I’ve said it before and I’ll say it again: If you’re a Trump fan, I am not your enemy. I’d rather have Trump in office than the leftist/socialist alternatives. Unfortunately, Trump’s decision to take credit for the surge …
by Daniel Carter Over the past several years, political movements have been a dime a dozen. After the economy crashed in 2008, we saw the rise of the Tea Party and Occupy Wall Street. Those two movements eventually petered out, but …
by Daniel Carter The world has been here many times before. After several years of smooth economic sailing, prices have become exceedingly stretched to the upside and are destined to violently correct downward. Over the past two weeks, the S&P 500 …
VIX at 38 Is Waterloo for the Beloved Short Volatility Trade Of all the harrowing things seen in the stock market Monday, one was a special nightmare for investors in what has become one of the stock market’s favorite strategies. It’s short …
by howmuch President Trump promised that he would take no salary if elected, and thus far he has donated his compensation to worthy causes. That’s all well and good, but with the 2018 election season heating up, it got us thinking about the differences …
An exchange-traded security which is supposed to be a bet on calm markets was collapsing after hours. The VelocityShares Daily Inverse VIX Short-Term exchange-traded note (XIV) is down more than 80 percent in extended trading Monday. The security, issued by Credit Suisse, …
by Ruby Henley Trey Gowdy just made a shocking statement that surprises me both legally and morally. He said, “If the controversial Steele dossier didn’t exist, there would still be a Russia investigation.” I am totally confused by this, as …
By Michael Snyder The mainstream media seems so surprised that the stock market is crashing, but the truth is that it isn’t a surprise at all. In fact, this crash is way, way overdue. If the Dow Jones industrial average …
Considering the recent seizure of Newsweek’s servers in connection with an investigation into their finances, one has to wonder if these firings have anything to do with information found on the servers. Not my favorite source, but here’s the Daily …
by Chris What a wild ride! Those failed rescues are gonna cost. Not as much as over pumping these “”markets”” in the first place, of course, that’s where all the trouble began. Since the market closed I’ve seen the futures …
by Chris Black The idea of identity politics originates in the cultural Marxism of the 20th century and to put it very simply, it makes for a sample of collectivism (as a political ideology) in its purest form. There …
Some of the world’s biggest banks are acting to prevent their customers from using credit cards to buy bitcoin. In the U.K., Lloyds Banking Group (LLDTF) said Monday that it will no longer accept transactions involving the purchase of cryptocurrencies …
by Chris Well certain parts of the media are busy carrying the Wall Street spin-cycle message which basically boils down to “please don’t sell anything little investors…we still have product to move.” I just harvested this tasty image from the front …
The junk bond markets and junk bond ETF’s aren’t looking too good…I wonder if this is the start of something big. Junk-Bond Selloff Erodes Investor Optimism The worst day of the year for junk bonds rattled credit-investor confidence as risk assets suffered …
Ever see this before? I’m visiting Knoxville and saw on the news they’re closing schools due to the flu. Seemed odd, did a search and it is happening. https://www.knoxnews.com/story/news/health/2018/02/02/knox-county-schools-closed-monday-tuesday-illness/302793002/ Happening a bit around the country too. http://www.dailymail.co.uk/health/article-5340933/Flu-mayhem-drives-school-closings-disinfect-rooms.html Schools in at …
House insider trading bill takes dig at Pelosi (FEBRUARY 7, 2012) WASHINGTON (Reuters) – Republicans in the House of Representatives will take an election-year dig at top Democrat Nancy Pelosi in changes added to a fast-moving ethics bill, adding new …
By Michael Snyder On Friday, the Dow Jones Industrial Average fell 666 points (665.75 points to be precise), and many are pointing out that this was the 6th largest single day crash that we have ever seen. This decline happened …