by BoatSurfer600 Meanwhile banks are now three wave corrective at all degrees of trend, so once hedge fund short-covering ends, they will explode lower. Source: Zen Second Life
by jessefelder “Even the most circumspect friend of the market would concede that the volume of brokers’ loans—of loans collateraled by the securities purchased on margin—is a good index of the volume of speculation.” -John Kenneth Galbraith, The Great Crash 1929 About …
Typically when the Fed hikes rates it’s 25 bps at a time in a strong economy. Now we have: 1. 50-75 bps rate hikes 2. 70% of tech stocks in a bear market 3. $SPX in a correction 4. 40-year …
It’s been a while since Wall Street banks recommended anything to do with either gold or gold stocks, but in a surprising reversal, last week one of Wall Street’s biggest bulls Credit Suisse said that the time has come to …
by Jesse Colombo Since the end of the Great Recession, I have been warning that our economic recovery (both U.S. and global) isn’t a genuine recovery because it’s driven by debt and the inflation of new economic bubbles. I’ve been …
by FS David Rosenberg, chief economist and strategist at Gluskin Sheff, says the odds of a U.S. recession in 2019 are rising and are probably much higher than the consensus expects. Speaking on Financial Sense Newshour last week, Rosenberg pointed …
by Chris Vermeulen of The Technical Traders As 2018 draws to a close and the global equities markets continue to find pricing and valuation pressures driving prices lower, a few questions come to mind for all investors/traders – Is a deleveraging event about …
Chinese non-financial corporate debt is rising again as a percentage of gross domestic product following a year and a half of deleveraging from its mid-2016 record, according to new data from the Bank for International Settlements. The ratio jumped to …
by John Rubino China’s growth over the past decade has been not just impressive, but historically unprecedented. No single country has ever added this many factories, roads, airports and entire new cities in so short at time. But the transformation …
it is hard to see upside in $SPX when $VIX 25 & UST10Y 2.883. When does the next deleveraging start? STOCKS SHAKE AGAIN Dow falls 350 points as higher rates keep Wall Street on edge The Dow Jones industrial …
by John Rubino The UK’s Telegraph just published an analysis of global debt that pretty much sums up the coming crisis. Here’s an excerpt with a couple of the more hair-raising charts: Global debt explodes at ‘eye-watering’ pace to hit …