fake trade news, fed members commenting, wall street going dove, and the hopes of g-20 trade deal have been the reason for basing pic.twitter.com/HFL0RJl9KB — Alastair (@StockBoardAsset) November 28, 2018 Folks, today was a massive intervention day with fake trade …
Bloomberg: Grim Stock Signals Piling Up as Wall Street Mulls Recession Odds Nine turbulent weeks and a correction in U.S. stocks have left analysts with a thorny question. What’s the market saying about the economy? And while few see incontrovertible …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter In the 14 months from the presidential election through January 2018, the Dow soared 49%. Housing prices soared too. The real economy followed. Consumers went on a spending spree. But now, this phenomenon — the surge …
https://www.youtube.com/watch?v=n6pyVan2SD0 This week’s Stansberry’s Investors Marketcast begins with host John Gillin recapping the market’s “oversold bounce.” John explains why the Dow was the real leader of the week, and how the other major indexes tagged along for the ride. Greg …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Their “Everything Bubble” is being pricked “gradually,” and they don’t like it. Wall Street has been moaning, groaning, and crying out loud about the Fed’s current monetary policies – raising rates and unwinding QE. They fear …
by Michael Snyder It is difficult not to admire the relentless optimism on Wall Street. A divided Congress is going to guarantee two years of gridlock and political turmoil in Washington, but many in the financial community are choosing to interpret …
BY JARED DILLIAN Once in a while, friends or family want to borrow money. How should you handle this? Be careful. Over the years, a hundred people asked me to borrow money from fifty bucks to tens of thousands. I have …
via opensecrets.org: Wall Street doesn’t like to back a loser, and that philosophy applies to elections, too. In 2006, after years of giving a majority of its contributions to incumbents within the GOP-dominated Congress under President George W. Bush, the Securities & Investment industry …
Yoree Koh of the Wall Street Journal has come out to demand that Youtube refund all superchat donations that were sent from The Ralph Retort to St. Jude’s Children Hospital. The Wall Street Journal is literally taking money away form …
by Daisy Luther We’ve been pretty lucky over the last ten years in terms of inflation, which has remained at about 2%. However, if the Wall Street Journal is correct, our luck is about to run out. The price of …
Dow tumbles more than 200 points in wild session, S&P 500 closes in correction territory Stocks closed lower on Monday, giving up sharp gains from earlier in the day in a wild session that saw the Dow Jones Industrial Average …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter When will the Fed buckle? In this podcast, I ask: Where are interest rates headed, when will the Fed buckle, and who are the new winners and losers? (10 minutes)
via Market Watch There is more pain in the pain trade ahead. That is according to Michael Wilson, Morgan Stanley’s chief U.S. equity strategist, who said, during an interview on CNBC midday Thursday, that a current market rebound belies a market that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “THE WOLF STREET REPORT” is my new podcast. It’ll appear weekly right here on WOLF STREET. It’s where I discuss a topic in depth for 10-20 minutes. In this inaugural edition, I ask: As higher interest …
by Thinker Trump transparency… Harrow schoolboy who makes Wolf of Wall Street look like a pussycat: He threw Gatsby parties with Gwyneth Paltrow and gave a Picasso to DiCaprio… now he faces a £3bn probe into what could be one …
by Michael Snyder Is this going to be another October to remember for Wall Street? As I have explained previously, the month of October has historically been the worst month by far for the U.S. stock market, and it has also been …
https://www.youtube.com/watch?v=C9HYrNf0gaI I’m proud of the Republicans standing up to the Democrats for a change! https://www.youtube.com/watch?v=dCZ0nJhpZv0 https://www.youtube.com/watch?v=i6s6XXyOKEg https://www.youtube.com/watch?v=uaycaugE_tc Jim Hoft for the Gateway Pundit reports, GOP Majority Leader Mitch McConnell along with Republican Judiciary Chairman Chuck Grassley and several Republican senators …
From John Stossel at Reason: They live on the street, often foraging through dumpsters. Some threaten us. Occasionally, they assault people. Thousands of mentally ill people cycle in and out of hospital emergency rooms. They strain our medical system, scare the …
via bloomberg: The townspeople just can’t win. Consider Wall Street’s latest financial Frankenstein of a bad idea, collateralized fund obligations. Perhaps a better monster metaphor would be zombies, because these securities are the sort of terrible concoction that rise out of …
Do you think regulations today are tight enough to prevent another crisis? The financial system is filled with constant and never-ending risk. When a crisis occurs and the risk is exposed, it’s only a matter of time before another much …
by LV Yesterday, at an event sponsored by the World Affairs Council in Philadelphia, Jamie Dimon, CEO of JPMorgan Chase & Co., said that “it’s going to be 25 years before banks are forgiven” for the bailouts our government doled out to the nation’s …
by Dennis Miller Diogenes would have a tough time finding an honest man announcing corporate earnings. In my article, Pepsi-Cola Hits The Spot?, I outlined how Pepsi trumpeted sales and profit increases, yet both actually declined. Investors have a difficult challenge managing …
via visualcapitalist: Why do most people invest their hard-earned money? Ultimately what most people really want is freedom – the freedom to do more of what they want, whenever they want, and with whomever they want. Sadly, many people never achieve …
BY JARED DILLIAN I met my wife at gifted and talented camp in the summer of 1989, when I randomly put my head in her lap and asked for a kiss. Boy, did I get lucky. I got lucky because we are …
An interesting documentary about the week of October 6th 2008, it is premiering on Wednesday at 10pm
The Wall Street Journal publishes an obvious question about Amazon employees requiring assistance in a headline, and then they never answer the question.
From Birch Gold Group Lakshman Achuthan, a Wall Street veteran at the ECRI (Economic Cycle Research Institute), doesn’t share in the optimism of a strong U.S. market. In fact, he criticized Wall Street last year on “the quality spread between junk bonds and …
via Bloomberg: Some of the world’s wealthiest clans have been throwing their money into an esoteric piece of financial engineering that has Wall Street in its thrall. They’re called collateralized loan obligations, and they transform riskier company loans into bonds …
There’s plenty of finance movies apart from Wolf of Wall Street. Not all of these are recent. The more recent ones tend to deal with the 2007/2008 financial crisis. Margin Call (2011) is about an investment bank at the beginning of …
BY JARED DILLIAN Ever build one of those mortgage spreadsheets? It’s a pretty good exercise. Here is the key step—open that spreadsheet and add up the interest you will pay over time, assuming you don’t make any prepayments. The answer will …