What do you think will happen to the stock market this week? Tech stocks have been rattled recently but their performance throughout 2017 and most of 2018 has been gravity defying to say the least. Up until recently it seemed …
#Facebook just lost the equivalent of: The entire #Bitcoin market cap 🥇 Almost the entire NYS 2018 budget (168B) 🗽 More than the entire market cap of #Nike (126B)👟 More than the entire #GDP of Puerto Rico 🇵🇷 (129B) h/t @OccupyWisdom …
U.S. high-yield bond sales are on track to be the lowest for a year since 2009. Another recent shift in performance away from #SmallCaps could start to reverse #FundFlows @WSJ @soberlook @MorningstarInc Stock Outflows Swell as Investors Seek Refuge in …
via ROBIN WIGGLESWORTH Next summer the current US economic expansion will become the longest in history, but it will still pale next to the runs of some other major countries. What nurtures long bouts of growth, and could the US enjoy …
by Michael Snyder Is this the beginning of the fall of Facebook? After announcing disappointing numbers for the second quarter on Wednesday, Facebook’s stock price plunged more than 20 percent in after-hours trading. If that decline holds on Thursday, it will be …
by visualcapitalist Investing can be extremely psychologically demanding. Not only are you up against the world’s best investors, but you’re also up against yourself. It’s easy to get caught making irrational decisions based on your own personal blindspots or cognitive biases, …
via CNBC Some money managers are increasingly nervous about an upcoming recession amid higher interest rates and tighter credit availability. “It’s a classical late cycle story. So, when I was here last time, I said we were long and nervous. …
by Michael Snyder We haven’t seen anything like this since the financial crisis of 2008. Investors are taking money out of global stock funds at a pace that we haven’t seen in 10 years, and many believe that this is …
Global stocks see biggest loss of investor cash since the financial crisis Investors pulled $12.4 billion from global stock-focused funds in June, the highest level since October 2008 amid the worst of the financial crisis. A slowing global economy is …
According to a recent report from Business Insider, that discussion amongst board members may have taken place. Scott Stringer, New York City’s comptroller, who is responsible for overseeing the investment of approximately $895 million worth of Facebook shares through city …
via palisade-research: Yesterday – bank stocks recorded their longest losing streak – ever. The S&P 500 Financial Index is down for the 12th straight day. The irony of this is that for the last year we’ve seen stocks rally on the expectations that the banking …
via @GinaVSanchez Financial stocks have been a bit of a puzzle. Investors may think that with a central bank on a firm tightening path, industry deregulation efforts in play and high expectations for banks’ growth heading into this year, financial firms …
https://twitter.com/OccupyWisdom/status/1009963698763509762 The problem is the riskiest assets are paying the best returns right now. People are favoring that risk to get the return cause there are few options with rates so low. Nobody will get out in time. They’ll be …
by Chris Vermeulen of The Technical Traders Well over a month ago we warned our followers of a “capital market shift” that was taking place in the global markets. Nearly 3 months before that time, we warned that China’s economy was about to …
via ifre: Car finance companies have pushed into fresh territory this year by selling Single B rated debt backed by loans made to sub-prime borrowers. Selling Double B bonds was a bold trade not so long ago but as demand has …
by John Rubino The longer an expansion lasts, the crappier its paper becomes. That may seem like a baseless assertion, but it’s actually just simple math. Early in recoveries, borrowers and lenders are both shell-shocked by the just-ended recession, so …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The “waterbed effect” of money flows. Top residential real estate brokerages in the US have been promoting US homes to investors in China for years. Brokerage firms in Canada, Australia, New Zealand, and other countries have …
Global growth now hamstrung by a moderate but unmistakable slowdown in economic momentum in Europe and elsewhere. https://twitter.com/WSJCentralBanks/status/1003671616197414912 Billionaire Investor Cooperman Says He Would Sell Stocks “I think that inflation and interest rates will catch up to the market as …
When you make dumbass laws you end up with workarounds like this. via Bloomberg: Communities in the Golden State are using a loophole and citing financial distress so they can put new taxes on the ballot. Pasadena is exploiting it …
by John Rubino Back in the late 1990s I interviewed for an analyst job with a value-oriented money manager. My main impression of our talk was how sad the guy was. The tech bubble was in full swing, any little …
via @tomwfranck “I think we’re in a rolling bear market,” said Mike Wilson, Morgan Stanley’s chief U.S. equity strategist. “It’s fooling everybody at the index level, but there’s a lot of pain out there.” The strategist’s comment came as the S&P 500 fell 0.3 percent …
In investments, when you buy is often a bigger determiner of profitability than when you sell. That’s why traditional investment wisdom advocates a “buy low, sell high” strategy. Buying a stock when it’s trading at a low price guarantees your …
via CNBC: What is an ICO? from CNBC. The number of initial coin offerings, or ICOs, has skyrocketed in the past two years as more companies flock to the new and controversial way to raise capital. In an ICO, companies …
by Martin Armstrong The Singapore WEC is being held as we now approach the timing for the markets to make their decision. This WEC will be focused on Asia, including Japan, China, Hong Kong Peg, Southeast Asia, India, Australia, and …
From Dan Ferris, Editor, Extreme Value: This video is about the most important skill investors must master to make money (and prevent losing it). I’ll tell you what it is, why it’s so important and why right now it’s more important …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Wow, that was fast and huge. After announcing this morning that an investor call was scheduled to try sell a “drive-by” issue of $1.5 billion in 10.5-year bonds that S&P rates four notches into junk (B+) …
via Carl Surran The tightening yield spread is raising concerns among investors and Fed officials, as the phenomenon may indicate skepticism about the longer-term outlook for U.S. economic growth and inflation. The yield curve from five to 30 years continued to flatten …
Peter Schiff, Released on 3/27/18 Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Tesla shares plunged 8.2% during regular trading hours on Tuesday and another 2% in after-hours trading to $272.50, below where they’d been a year ago ($277.45), and down 28% from September 18, when the market still …
