Retail is dying – these companies are headed to $0, long dated puts in thinking
by wangmobile Disclaimer: Consult your financial professional before making any investment decision.
Daily return and sharpe ratio of just buying and holding the S&P500 throughout 2019
by orangebubly In a prior post, some people criticized the daily return and sharpe ratio of my algos, so I thought I’d show people how to do the calculation. Below is the daily return and sharpe ratio of simply buying and holding the s&p500 throughout 2019 (no transaction costs, assume you buy on the last … Read more
50% Steel Tariffs on Turkey, as well as a $100B trade deal suspended
by xXTheCitrusReaperXx
Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks
Democratic presidential hopeful Bernie Sanders introduced a plan on Monday that would reverse President Donald Trump’s tax cuts for businesses and return the corporate tax rate to 35% from its current 21%. The Corporate Accountability and Democracy Plan would also eliminate many of the tax breaks and loopholes in the tax code and do away … Read more
The Fed and ECB monetary policies tend to converge near the peak of the cycle.
US vs. German yield spread is unceasingly narrowing. It's an important market signal. Similar breakdowns from major support lines also occurred right in 2000 & 2007. This time happened in May. The Fed and ECB monetary policies tend to converge near the peak of the cycle. pic.twitter.com/TwmvIZ8wUe — Otavio (Tavi) Costa (@TaviCosta) October 14, 2019
The business story of the month is WeWork’s meltdown. The bigger story will be SoftBank’s Vision Funds impairment.
Value is a function of growth and margins. Many/most of today’s unicorns have deployed massive capital to achieve the former while not demonstrating the patience or skill to achieve the latter.#nomercynomalice #Compass #OYO #Opendoorhttps://t.co/2idIyz9swn — Scott Galloway (@profgalloway) October 13, 2019 There were some errors in the SoftBank investor presentation, so I went ahead and … Read more
When EBITDA Is Just BS
via institutionalinvestor: One of the trends that you’d have been hard pressed to miss over the past decade has been rising valuations across virtually all markets. Developed and emerging, equity and credit, public and private —prices for everything have marched inexorably upward. In private markets, the most commonly cited measure of average valuation is called the … Read more
Investor confidence in equities is nearing 2008 lows Aggregate HFs’ exposure to DM equity and DM govt bonds [Nomura estiamtes]
Investor confidence in equities is nearing 2008 lows Aggregate HFs’ exposure to DM equity and DM govt bonds [Nomura estiamtes] pic.twitter.com/i8bFewHXCa — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 13, 2019
BOE Deputy Governor: Low Rates May Risk More Severe Downturns… Larry Summers: US Economy Is Just One Bad Recession Away from Zero Rates or Worse
Speaking in London on Monday, Cunliffe said the drop in long-term market rates in developed economies partly reflected an over-pessimism about long-term prospects, and was also part of a structural trend. One “challenge of low for longer for financial stability” is “the risk that in such an environment, economic downturns will on average be more … Read more
Fed Confirms That Federal Borrowing a Cause of Liquidity Crisis
via independent: Robert Kaplan, the president of the Federal Reserve Bank of Dallas, has confirmed that the surge in U.S. government borrowing in September 2019 was a primary cause of the liquidity crisis affecting the nation’s money markets. Reuters reports that revelation from Kaplan’s speech on Friday, October 11, to the Commonwealth Club of San Francisco: Dallas Federal Reserve Bank President … Read more
If this does not just speak volumes about this supposed trade (lets call it) “concession”
If this does not just speak volumes about this supposed trade (lets call it) "concession" https://t.co/9cxb6vJg67 — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 14, 2019 Guess they did not believe the deal was done either>>Over 2,500 Companies File for Tariff Exclusions on Chinese Imports Companies seek exemptions on about 31,000 products ahead of jump in … Read more
When Central Banks tighten this much something often goes wrong! Bring on QE4 …err and QE5 And fast!
When #CentralBanks tighten this much something often goes wrong! Bring on QE4 …err and QE5 And fast!! pic.twitter.com/qtzA8BvmlQ — CrossBorder Capital/ GLIndexes (@crossbordercap) October 14, 2019 The traditional #yieldcurve has a flakey track record. Here’s a better measure, but it’s not looking great… Beyond The Yield Curve …. D* or The Maturity Where Term Structure … Read more
20 Ways The West Censors Information For China
https://www.youtube.com/watch?v=acvf5PGkcpc In this video I go through a number of examples of how corporations censor information in regards to China. https://www.reddit.com/r/conspiracy/c… I tweet this only because that’s genuinely how the party wants the world to be. Thus I don’t think this image is derogatory at all pic.twitter.com/BvQ51vPv3i — Victor Shih (@vshih2) October 14, 2019 … Read more
China Cancels Trade Deal & Negotiations Thinking It Has More Leverage To Ask For More From Trump?
China Wants More Talks Before Signing “Phase One” Trade Deal. Is anyone surprised? Because they shouldn’t be! Futures Tumble, Stocks Slide As China Wants More Talks Before Signing “Phase One” Trade Deal https://www.zerohedge.com/markets/fut… Over the last 6 months, any time that China thinks that it has a lot more negotiating leverage (the upper hand) over … Read more
Fire fighters watch as Homes Burn in California, some homes look to start from inside ( RAW Video from Chopper)
Watch this RAW video from KTLA chopper, they show from above what happen at the Trailer park, the one with the garbage on fire dump by it……, I watch the video MUTED to cut out the pilot, to see more..but right there in that video you can see them ignoring to protect homes, and looks … Read more
Maria Bartiromo: “UPDATE: -IG report NOT out Friday 10/18. Classifications being made. Likely end of month.” – IG Report DELAYED
UPDATE: -IG report NOT out this Friday 10/18. Classifications being made. Likely end of month. @MorningsMaria @FoxBusiness @SundayFutures @FoxNews @MariaWallStreet #FisaAbuse — Maria Bartiromo (@MariaBartiromo) October 14, 2019 It’s giving the impeachment the opportunity to come to fruition prior to release. The impeachment is full steam ahead and they’re all against President Trump. … Read more
NOTHING TO SEE HERE. MOVE ALONG. CalPERS is Heavily Invested in Chinese Companies. “As NBA frets over PRoC, Yu Ben Meng bets big with dollars from America’s largest pension fund.”
via californiaglobe: California’s public employees should know that their retirement funds have invested in companies controlled by the Chinese military, which manufacture parts for the DF-41 missile, along with a range of aircraft, unmanned aircraft systems, and airborne weapons. For that matter, these pension funds not only invest in Chinese companies (and index funds, tracked by … Read more
BAIT & SWITCH: AT&T raises prices 7% by making its customers pay AT&T’s property taxes.
via arstechnica: Telecom companies like AT&T love creating new fees to tack on customer bills, and they really love raising those fees after customers sign contracts that are supposed to lock in a consistent price. It’s a win-win for the company, but not the customer: AT&T gets to advertise a lower price than it actually charges … Read more