Investment Watch Blog

  PHOENIX — Arizona schools will remain closed for the remainder of the school year, according to a Monday notice from state officials. Governor Doug Ducey and Superintendent of Public Instruction Kathy Hoffman released the following statement Monday: “In alignment with yesterday’s updated federal guidance, today we are announcing the extension of school closures through … Read more

by Potstick3rs So I’ve been looking at CLOs (Collateralized Loan Obligations) recently and I’ve got to say… This stuff sounds like a “largest bag of odorous excrement” to quote Jeremy Irons. If you’re not familiar with CLOs you should read this great article on that goes into a fair amount fo detail: https://www.naic.org/capital_markets_archive/primer_180821.pdf From my point … Read more

Article: https://www.reuters.com/article/us-oil-opec-trump/u-s-russia-agree-to-oil-market-talks-as-trump-calls-price-war-crazy-idUSKBN21H216 So we’ve got a more a more official move towards a possible deal or cooperation in the oil markets. Again this is early and it’s tough tough to say if anything will come of it, but the fact that Putin is stepping in here on the side of a potential deal bodes well. It’s … Read more

by Davidkingq123 Global stocks are edging lower, and oil prices have plunged to 17-year lows at the start of another week set to be dominated by the coronavirus pandemic. But U.S. stocks rallied on Monday. The investor optimism came despite President Trump extending the U.S. lockdown to April 30 and public health officials warning that … Read more

https://twitter.com/PuffDragon11/status/1244690676177985538 And again.. like last Friday.. the market is floating without volumes pic.twitter.com/msqMpgdhTO — Alessio (@AlessioTMAD) March 30, 2020 Look at the trade volume for today. It hasn’t been this low in a minute. I would not count the gains for today quite yet because a big downward shift or sell off could make the … Read more

This is actually the biggest scandal and betrayal of the public trust since the founding of the republic. An anti-democratic institution set up to control our currency (and economy) that could only be justified through independence. End the charade and bring it under Treasury. — Douglas Verity (@verity_douglas) March 30, 2020 Should market conditions deteriorate, … Read more

TEXAS IS FUCKED https://t.co/CiyoDduNKz — The Long View (@HayekAndKeynes) March 30, 2020 If you are not familiar with the situation concerning Canadian crude oil the price below may come as quite a shock…. https://t.co/I5oayidp2f — Shaun Richards (@notayesmansecon) March 30, 2020  

Fed seems to suggest this too https://t.co/ggpXug3UKv — Jordan Schachtel (@JordanSchachtel) March 30, 2020 FED: Third of Americans will be unemployed… KEY POINTS The coronavirus economic freeze could cost 47 million jobs and send the unemployment rate past 32%, according to St. Louis Fed projections. There are nearly 67 million Americans working in jobs that … Read more

by hjkoivu I’m gonna be honest here. Every bull out there should be nervous in this blind optimism. First of all the VIX is still very elevated. Second, we’ve been receiving nothing but bad news and stocks are still going up. Third, It looks like we might have another housing crisis on our hands and no … Read more

by HowGreatAreYourDanes Credit for the content below should go to Barry Habib of MBS Highway. THE CORONAVIRUS MELTDOWN The current coronavirus crisis is having a critical impact on the mortgage industry, which could potentially make the 2008 financial crisis pale in comparison. The pressing issue centers around capital that’s required by Mortgage Lenders to be … Read more

This is a fascinating story that’s likely to fuel market volatility and screw up valuations for a while.@YahooFinance Morning Brief has explored this in recent weeks: https://t.co/PxQHCJuMaJhttps://t.co/V2hKQldqMuhttps://t.co/X6V2ongXn8 https://t.co/lcGT1M8yWT — Sam Ro 📈 (@SamRo) March 30, 2020 The best #recession indicator did it again… https://t.co/I0sxCwlbbc pic.twitter.com/VxfiKyYf3v — jeroen blokland (@jsblokland) March 30, 2020 The 2020 $SPY … Read more

Prediction: when the coronavirus lockdowns end, people are going to realize that we're in a depression & their jobs/businesses aren't coming back (b/c The Everything Bubble has burst). We're going to have mass protests & riots that will put Occupy Wall Street in 2011 to shame. — Jesse Colombo (@TheBubbleBubble) March 29, 2020 Over the … Read more

by MemoryOfThatDay “The archetypal wonderful company—think See’s Candies—grows with minimal incremental reinvestment, compounding the intrinsic value at a high rate while paying out most earnings. Provided that the business continues to earn returns in excess of the required rate of return and sustain its competitive advantage, investors are rewarded for holding wonderful companies for long … Read more

Thoughts on this? “IRA owners who are adversely affected by the coronavirus pandemic (and there will be plenty of them) will be eligible to take tax-favored coronavirus-related distributions from their IRAs. To keep things simple, let’s call these distributions CVDs. They can add up to as much as $100,000. You can recontribute a CVD back … Read more

by Global-Quiet I’ve noticed a trend of posts which can basically be reduced to be “it’s bad, so let’s short”. I’d suggest that we should go beyond this type of analysis to not get caught holding the bag. In short, the outright level of “how bad it is” isn’t what drives markets in the long run … Read more

by LAXtoHNL After a couple of weeks of trying to determine who will be hit hardest by the beer flu, I now feel that Hawai’i is beyond f*cked. Having been to Hawai’i numerous times, I cannot imagine how Hawai’i recovers. There are virtually no flights going to Hawaii, Hawaiian Airlines is all but grounded, 80-90% of … Read more

The Mortgage Bankers Association warned that the housing market could face a ” large-scale disruption,” due to actions by the Fed that were meant to help the mortgage market. The Fed bought $183 billion of purchases last week of mortgage-backed securities, in an effort to drive down rates, and they did. But the Fed’s actions, … Read more

Economists Predict Potential End of the Euro Due to Coronavirus It is a sad testimony to the inadequate response of the EU to Italy’s plight that after being refused help they turned to Russia for emergency medical equipment. Two economics experts have predicted that the Chinese coronavirus could lead to the end of the euro … Read more