Computer models to investors: Short everything (WSJ)

Trend-following algorithms turn bearish at swiftest pace since 2008 as machines steer more trades. From the Wall Street Journal: Investors have started to shake off last year’s steep losses, helping markets regain some ground in 2019. But the robots are still …

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Crescat Capital Quaterly Investor Letter Q4 2018 – Top of the “everything bubble”?

by SirTylerGalt I discovered the Crescat Capital investor letters, because their “Q3 2017” letter is featured in Meb Faber’s book “The Best Investment Writing Volume 2”. It’s interesting to read their latest letter. https://www.crescat.net/crescat-capital-quarterly-investor-letter-q4-2018/ Investment Outlook Summary September 20, 2018 …

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NOT THE ONION – Bob Mueller is so desperate to cover everything up that he has tried to block discovery in the Concord Management case by claiming that someone’s nudes are a threat to national security. Must be Hillary’s.

by sundance Almost everyone who has researched the substance behind Rosenstein and Mueller’s heavily promoted Russian indictments knows the underlying claims are centered on the thinnest of evidence. Given the nature of the politicization behind the Mueller investigation, many people argue …

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How the Hunt for Taxes will Destroy Everything

by Martin Armstrong It really is very astonishing how brain-dead politicians are. The latest stats are showing that residents are increasingly fleeing New York, Los Angeles, and Chicago. The perpetually rising taxes are just getting insane. We just received this notice ourselves about taxes due …

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Peak “Everything Bubble?” The data is piling up.

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter For nine years, US stocks, foreign stocks, government bonds, corporate investment-grade bonds, junk bonds, leveraged loans, emerging market bonds, art, classic cars, residential real estate, commercial real estate, startup valuations…. they all surged. Then came 2018. Which …

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When Cash Outperforms Everything

via Ben Carlson U.S. stocks were up double-digits well into 2018 and sailing along nicely until a funny thing happened — they stopped going up and went the opposite direction as they are wont to do. The Vanguard Total Stock Market …

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