After a great deal of thought and following a discussion with my investors and limited partners I have decided to liquidate all of my long holdings (which include many which I believe have a favorable intermediate term outlook).
There has been a lot of confusion lately in the mainstream economic media as well as in independent media circles as to the behavior of stock markets in the wake of the recently initiated global trade war.
The US stock market loved Federal Reserve Chairman Jerome Powell's Tuesday testimony to the Senate Banking Committee as the recently-installed Fed chair affirmed that the US economic expansion is chugging along, and that inflation is growing in line
Today Barclays published its quarterly Global Macro Survey which polls over 400 institutional investors from around the world and across asset classes, and the very first question revealed something troubling: when asked about their expectations for
Since the early close last Tuesday, the S&P 500 is up 80 points, The Dow is up over 700 points... but 30Y Treasury yields are unchanged and the yield curve has tumbled?
This week on the MacroVoices podcast, host Erik Townsend welcomed Eric Peters, the CEO and CIO of One River Asset Management, for a discussion about the long-term future of the US economy, and how demographics, the expanding US debt, and the waning i
Whether it is capital inflows that cause stock outperformance, or rising stocks leads to investors chasing upside is one of those perpetual "chicken or egg" type financial questions (although in this day and age of index funds and passive investing l
While there have been many theoretical explanations why the passive ETF bid for bonds is a ticking timebomb, with Oaktree's Howard Marks perhaps making the best arguments ever since his March 2015 thought experiment in which...
Cryptocurrency bears are still clawing away at digital asset prices on Sunday, June 24 as most of the digital currency market values are down between 3-12 percent over the last 24-hours. The top cryptocurrency market held by bitcoin core (BTC) has to
While US mega-tech stocks support the belief that all is well for many Americans, a glance around the world and the shit is seriously hitting the fan...
One week after the second biggest ever weekly tech inflows, in Bank of America's latest weekly fund flow report, CIO Michael Hartnett shows what the annualized tech inflows in 2018 look like, and it is surely a surreal sight for an entire generation
The Supreme Court just overturned a 1992 ruling (which had limited online tax collections), thus freeing states and local governments to start collecting billions of dollars in sales taxes from internet retailers that don't currently charge tax to
Strange things are happening in the world of trading these days.
On one hand, you have Deutsche Bank's supposedly expert, professional traders making gargantuan bets, which exceed by 12 times the bank's daily VaR limit, only to watch the trade imp
Several weeks ago, Goldman's Chief Markets Economist Charlie Himmelberg became the latest Wall Street strategist to admit the threat to the market posed by HFT.
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