Gold Prices Plunge Right On Cue As China Golden Week Begins
• https://www.zerohedge.com, Tyler DurdenRight on cue, as we detailed here, precious metals prices have been pummeled as China Golden Week begins...
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Right on cue, as we detailed here, precious metals prices have been pummeled as China Golden Week begins...
When it comes to the equity market, between the Trump and Powell puts, there appears to be nothing in this world - literally - that can put a dent in stock price.
Where is it? The great bull market? Where is the imminent great bear market?
Nothing is more tacky than an ex-CEO hanging around his former firm and kibitzing what they are doing. On the other hand, given that I was CEO for part of Q3 and there are many people asking fair questions of me, I think I should answer them.
When it comes to the "fair value" of stocks, nobody knows it better than insiders, who tend to aggressively offload shares any time they see the price of their equity holdings as generously high.
Markets keep flirting with new highs following the recent rate cuts by the ECB and the Fed and keep rallying on trade optimism in the face of disappointing global economic data.
It doesn't get more pathetic than this. After the Fed's "disappointing" 25 basis point rate cut, divided FOMC vote and failure to guarantee more cuts just around the corner, Pusillanimous Powell saw the markets barfing and therefore stumbled
Oil markets are scrutinizing the export and stock balance of OPEC kingpin Saudi Arabia this week, following attacks on critical oil infrastructure. Brazil's corn exports and the success of Gazprom's European auction platform are also among our la
South Korean exports collapse most since 2009... European PMIs were ugly (Germany worst since 2013)... US Services PMI Employment contracts most since 2009... but apart from that, trade-talks might or might not be going well or terribly.
Steve Cohen's Point72 successfully shorted names like Weight Watchers and Dave and Busters this year based on "big data" it bought and combed through, according to Bloomberg.
Billionaire hedge fund manager Paul Singer is the founder & CEO of Elliott Management. Singer is preparing to raise additional funds from investors to build up a war chest of cash to spend on new opportunities, as he anticipates a market downturn cou
Stock volatility has been 25% higher in October on average ever since 1928, according to Goldman equity derivatives strategist John Marshall.
India's central bank just funded a $20 billion corporate tax cut in what appears to be the world's first case of MMT (lite).
Hedge fund legend Leon Cooperman officially retired from the hedge fund business late last year, but he's still a welcome presence at CNBC's "Delivering Alpha" conference, where he sat for an interview with noontime anchor Scott Wapner.
DÉJÀ VU 2000 OR FLASHBACK 2007? (PART I) anuary of last year.
The New York branch of the U.S. Federal Reserve will step in and offer billions more in liquidity to gummed-up intrabank lending markets Wednesday, following the first intervention in more than a decade only yesterday, as a worrying spike in overnigh
If it was Powell's intention to have the S&P trade at an all time when he cuts rates by another 25bps next Wednesday, he achieved it.
Blain's morning porridge, submitted by Bill Blain of Shard Capital "It is not enough to serve our enemies with legal papers…"
Speculative Trade in "Put Options". The Financial Facts Laid Bare
The 1987 stock market crash, better known as Black Monday, was a statistical anomaly, often referred to as a Black Swan event.
Disclaimer: first of all, calm down. I'm not predicting anything. In fact mostly I'm just tying threads together between a bunch of market risks that have been highlighted by many for some time.
Disclaimer: first of all, calm down. I'm not predicting anything. In fact mostly I'm just tying threads together between a bunch of market risks that have been highlighted by many for some time.
The shock of yesterday's US Equities factor reversals will go down in infamy alongside the August 2007 "Quant Quake" and the Fed / March / April 2016 "Market-Neutral Unwind" as one of the more stunning trades in modern market history--and
Last week, the Big Short's Michael Burry sparked a fresh wave of outrage among the Gen-Z and algo traders (if not so much the handful of humans who have actually witnessed a bear market) on Wall Street, by calling the darling of modern capital market
Given the current state of affairs in the investment markets - particularly that fundamentals have long ceased mattering and tweets move the markets instead - I think a frank discussion is called for.
Stocks within inches of record highs and bonds within mm of record low yields... and all on the back of a call and a possible round of trade talks in a month...
Michael Burry from The Big Short found a new market bubble - be careful and stack sats :)
After years of radio silence, Dr. Michael Burry - the small-time stockpicker who rose to fame for his bets against subprime mortgage bonds featured in the book (and later film) "the Big Short" - is once again doing the media rounds, talking about his
After a turbulent August, when market volatility meant bond deals were few and far between while traders were soaking up the sun on various Caribbean islands, the bond market came back with a bang on the first trading day of September ...
As I pointed out in this week's #PropagandaWatch video, the stock market is often portrayed in the financial media as a magical crystal ball that can predict the future and see into the hearts and minds of men.