by Bill Holter of JS Mineset People continually ask “when” will it happen? For the last 6 months we have responded “it is happening right before your very eyes”! In fact, as of this morning 52% of global markets are now down over …
by WARREN MOSLER Employment growth had been decelerating with the collapse in oil capex in Dec. 2014, but had started to accelerate with the initial impact of the year-end tax cuts, which now look to be fading: Highlights Sustainable non-inflationary …
by Lance Roberts This past week, Mark Hulbert wrote an article discussing the recent drop in margin debt. To wit: “Plunging margin debt may not doom the bull market after all, reports to the contrary notwithstanding. Margin debt is the total amount investors …
via Jill Mislinski, Let’s examine the numbers and study the relationship between margin debt and the market, using the S&P 500 as the surrogate for the latter. The first chart shows the two series in real terms — adjusted for inflation …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It gets serious. Margin calls? No one knows what the total leverage in the stock market is. But we know it’s huge and has surged in past years, based on the limited data we have, and …
https://twitter.com/OccupyWisdom/status/1064723223969959936 wow – credit markets about to blow up? send stocks lower? pic.twitter.com/nqVvCmtBwj — Alastair (@StockBoardAsset) November 20, 2018 Number1 $AMZN…another Burst💥 -31%🔻@hks55 @OccupyWisdom Long way to run pic.twitter.com/8MgfCGxGbq — Antonio Pérez-Algás (@apanalis) November 20, 2018 https://twitter.com/OccupyWisdom/status/1064879801830379521 Larry Kudlow said …
by kelvinator I do investment management and here is my personal read on what’s happening with this selloff: I agree with Dave Fairtex that, so far, the signs that this is ‘the big one’ like junk bond spread blow-outs haven’t shown …
Last week Mike Maloney unveiled his new indicator, the Market Fragility Index, to the public. Today he shows us a recent discovery that helps explain why the cracks in the financial system are growing larger every day, and why the next …
by Jim Quinn Once the unwind gets going, the computer generated selling and margin call selling will be epic. Never mind. That’s just being negative. The market will never fall. Us doomsayers are always wrong. See 2000 and 2008 for …
by FS This has been a good year for the stock market so far, at least in the U.S., yet many investors are wondering when the other shoe will drop. We spoke with Louis-Vincent Gave, founding partner and CEO at …
sea of red around the world as US traders fret over tech margin calls pic.twitter.com/nO1yErIrsy — Alastair (@StockBoardAsset) September 6, 2018 Insider selling jumps to the highest level of the year as execs fear a volatile September. Insider selling reached …
Last night one of the “morals of the story” of a thread we posted was “Don’t miss the forest for the trees.” The chart below is a view of “the forest”, in its full glory. Cht originally via ISI Evercore, …
More than $1 trillion in stock-backed loans close to margin call eruption — Daniel Lacalle (@dlacalle_IA) July 17, 2018 Morgan Stanley is cashing in on risky, stock-backed loans (2017) Morgan Stanley revealed Tuesday that it’s making a bundle selling risky …
#MarginCalls loom in #China as prices of pledged shares plunge. According to statistics by TF Securities, as of Jun 19th, stock prices of 619 companies were close to levels where margin calls will be triggered. Shanghai Composite tumbled 3.8% on …
by Jim Quinn Margin debt of $300 billion. Only three times the size of the Dotcom bubble and the housing bubble. What could possibly go wrong? It’s all good. No worries. The machines have it all under control. Their algorithms, …
via MarketWatch: We are in store for the margin call to potentially end all margin calls. The peak of margin debt, one of the primary factors in the 2000 dotcom bubble collapse, never got close to $100B. Investor margin debt …
via Jill Mislinski Let’s examine the numbers and study the relationship between margin debt and the market, using the S&P 500 as the surrogate for the latter. The first chart shows the two series in real terms — adjusted for inflation to …
by John Rubino Indicators of a market top began piling up way back in 2014, and since then most have gone on to unprecedented extremes. Every analyst has their favorite harbinger of financial doom, but the easiest to understand — …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Shadow margin” is a hot business for brokers. Now they’re licking their wounds. When the bankers of Christo Wiese, the former chairman and largest shareholder of Steinhoff International Holdings – a global retail empire that includes …
China Warns on Debt, But Bond Buyers Shrug National policy makers nowadays have prioritized reducing risk in the financial system, and part of that involves telling local authorities to let LGFVs stand on their own, without the backing of the …
http://moslereconomics.com/2017/10/29/credit-check-34/ A Look at NYSE Margin Debt and the Market The NYSE has released new data for margin debt, now available through September. The latest debt level is up 1.6% month-over-month. The September data gives us an additional sense …
by Anthony B Sanders The S&P 500 stock market index is near an all-time high. But then again, margin accounts at NYSE firms are also at all-time highs. Meanwhile, brokerage call money loan rates on margin accounts continue near the …
With next Recession Looming, Central Banks Back with Negative Rates Negative interest rates are back in the spotlight. Central banks will need to be prepared to cut interest rates deep into negative territory in the next economic downturn. With U.S. …
For a record 12th day in a row, Chinese margin debt balances have dropped with today’s 8.5% collapse the largest in history. As of last night, there were around 570/1694 Shenzhen stocks halted/suspended and hundreds more on the Shanghai bourse …