by AllAboutTheSPY Baba will go well over 210 by year end (say thank you to HK!) 1) HK listing and its pricing a) The retail part of the offering offering (12.5 million shares plus another 50 million if needed) is set as the lower of the closing price this Tuesday in the US exchange or the … Read more
by Jim Willie CB The US-based bond market is in tragic condition. All the bonds in US financial markets reek of rigged prices and inflated values. It is not a single bond sector, but rather all bond sectors that are in deep trouble, against a background of multi-year economic recession. The USTreasury Bonds, given the … Read more
by joeyrb Here’s a TLDR for those who don’t want to sit through the video. What is VIX and how is it calculated? Simply put, VIX uses 23-37 day SPX options to get an annualized, implied 1 standard deviation move (68%) in SPX. For example, if VIX is 15, then VIX is implying a 68% … Read more
WeWork is preparing to cut at least 4,000 jobs in a bid to achieve financial stability and those layoffs could be announced as early as this week, the New York Times reported. As many as 6,000 employees could ultimately be laid off, one person told the Times. In a memo to employees, WeWork Chairman Marcelo … Read more
by ScotchBrandyBourbon I’m not some type of uber investor. But here are some lessons I’ve learned. Don’t try to time the market. You will lose much more then you win. Stick with great companies. Don’t be afraid to ride winners. Many times the best thing to do is nothing. Don’t be afraid of being highly … Read more
Gold in CNY ripe for another leg up. – PBOC easing at record debt levels as CPI approaches 4%;– Shrinking current account;– Worsening HK social unrest;– EM currencies selling off; All foreshadows further CNY devaluation. Call it the Chinese banking recap 2.0 pic.twitter.com/Q8BYy5qwQD — Otavio (Tavi) Costa (@TaviCosta) November 18, 2019
by UPFINA We know that stocks are rallying because of hopes for a cyclical recovery in 2020. However, it is still amazing to watch stocks continue to rally, even as they are overbought, while some Q4 GDP growth estimates fall below 1%. The S&P 500 is up 24.48% year to date as of Friday in part … Read more
https://twitter.com/hks55/status/1196460663700443138 https://twitter.com/hks55/status/1196477170446688257 https://twitter.com/hks55/status/1196544670878314496 https://twitter.com/hks55/status/1196465962721185794 Spec accounts are ULTRA-short VIX. No one fears the potential slowdown 2.0 in the service sector. #Complacency Story -> https://t.co/nmbf2PIfDZ pic.twitter.com/UQPooQBJJ6 — Andreas Steno Larsen (@AndreasSteno) November 18, 2019 The combined market cap of $AAPL and $MSFT now exceeds the entire Russell 2000 via @biancoresearch pic.twitter.com/RzpzNOcfJi — Andrew Thrasher, CMT … Read more
https://twitter.com/NorthmanTrader/status/1196542796343185409 The combined balance sheet of the Fed, ECB, PBOC and BOJ rose in October by the most since last December: @TheTerminal's Daybreak. Perhaps this is what's driving the melt-up in equities more than anything else…. pic.twitter.com/agGQCr4IXa — Lisa Abramowicz (@lisaabramowicz1) November 18, 2019 'Companies that make up the S&P 500 index had an average … Read more
https://www.youtube.com/watch?v=S5f29SPRG_I Virginia Kruta from The Daily Caller reports, Tucker Carlson criticized House Speaker Nancy Pelosi for constantly invoking religion while supporting abortion rights. Read More/Source/Credit/FairUse: https://dailycaller.com/2019/11/13/ch…
https://www.youtube.com/watch?v=Y_drPvPcIgE Joe Sauders from The Western Journal reports, The gloves are off. After one day of public hearings on the House “inquiry” into impeaching President Donald Trump, California Republican and House Minority Leader Kevin McCarthy took to the media on Capitol Hill on Thursday to level an explosive charge against Democrat Adam Schiff. Read More/Source/Credit/FairUse: … Read more
Civil Society Concerns Global 2.0 Inc. and a “Spontaneous, Indigenous Popular Uprising” is happening in Iran as we speak: Iran supreme leader warns ‘thugs’ amid gas price protests Quote:Iran’s supreme leader on Sunday backed the government’s decision to raise gasoline prices and called angry protesters who have been setting fire to public property over the … Read more
Solomon is a great journalist. John Solomon was approached by 2 intelligence officers at his home, telling him that spy gate was real and that FISA was used to spy on Trump.
#EmergingMarket debt hit a new record high of $71.4T in Q2 2019, up from $66.8T in Q2 2018. More analysis in the latest Global Debt Monitor: https://t.co/fX01vkFb5X pic.twitter.com/Sd997Gh2yH — IIF (@IIF) November 15, 2019 WATCH: Follow the increase of global #debt over two decades. Latest IIF Global Debt Monitor finds global debt has now surpassed … Read more
Trade deals are going great. Net exports of services now falling the most since the GFC & tech bust. It’s the only positive contributor to the trade balance. A toxic mix with ballooning government debt. Twin deficit at abysmal levels and we haven’t even had a recession yet. pic.twitter.com/69ui3xIKLn — Otavio (Tavi) Costa (@TaviCosta) November … Read more
Update (1120ET): Following the report that Trump and Powell discussed negative rates, among other things, the dollar has slumped to session lows, with the Bloomberg dollar index dipping below 1,200. Source: Bloomberg And in an amusing twist, CNBC’s Eamon Javers notes that this morning’s Fed meeting took place in the White House residence – the president’s … Read more
by Egon von Greyerz Ronald Stöferle of Incrementum & the “In Gold We Trust” report and Egon of Matterhorn Asset Management, discuss at the Precious Metals Summit in Munich, Germany, the massive risks of the world’s financial system. The two precious metal experts, share their view about how to deal with the profound downside threats … Read more
https://www.youtube.com/watch?v=veSIFHyK42Y&feature=youtu.be The Federal Reserve has given another $112 billion to Wall Street. Hardly a sign of a “thriving economy.” David Stockman, former budget director for President Ronald Reagan and author of “Peak Trump: The Undrainable Swamp and the Fantasy of MAGA” joins Rick Sanchez to share his insights. He argues the market “can’t digest” … Read more
by David Haggith That didn’t take long. I just published an article showing how the Fed had responded with a quarter of a trillion dollars to save the economy from what it claimed was a mere blip. Since then, the recession-causing Repocalypse I’ve warned of has roared around the world, forcing the Fed to amplify its … Read more
