"Panic-like selling" grips Wall Street as the economic numbers point to "a lot of unpleasant things that nobody wants to admit"
Stocks dropped sharply on Friday, concluding what has been a wild week for Wall Street.
Crypto markets have accelerated their losses again overnight with Bitcoin crashing to new 2018 lows, Ethereum back into double-digits, and Bitcoin Cash utterly devastated as lawsuits fly. Once again a sea of red across the crypto space...
– Bank Stocks And Tech Stocks Crash As The Yield Curve Inverts
The U.S. markets had a rough day yesterday. Yet despite some of the very dramatic hyperbole used to describe it, traders actually seem to have taken it with remarkable equanimity. That is mature, in many ways admirable, and a big mistake.
Update 2: Things are escalating fast, with the Chinese embassy in Canada said China has complained to the U.S. and Canada and asked them to "rectify wrongdoings" and free Huawei CFO Meng Wanzhou.The embassy said it will closely monitoring development
While the S&P is struggling to eek out some modest gains for the year in the last month of the year, for hedge funds 2018 has not only been a scratch, but also one the worst years since the financial crisis, as the following chart - which reveals tha
Despite the collapse of the cryptocurrency market in 2018, the Bitcoin mining hash rate has positively diverged for most of the year.
HUGE Stock Market Correction! - What On Earth Is Happening?
EP 40 The China Trade deal doesn't matter. Bear Markets don't need excuses to crash.
Earlier this morning, Nomura's Charlie McElligott noted something which in retrospect was quite prophetic: the cross-asset strategist highlighted that his Risk Parity model showed that the market's most important strategy is in "de-risking" mode as t
US equities are tanking at the open, led by Dow Transports (autos) following a confirmation from White House economic advisor Larry Kudlow that if a deal is not reached with China within 90 days, then the trade-war will re-escalate.
launched in first half of 2019...Earlier this week, rumors emerged that Nasdaq, a securities exchange considered only second to the New York Stock Exchange [NYSE] will launch futures contracts for Bitcoin [BTC]. This has now been confirmed by the Vic
SEC Chairman Jay Clayton has claimed that bitcoin exchanges lack sufficient transparency and monitoring for the market to see approved Bitcoin Exchange Traded Funds (ETFs).
At the beginning of 2018 I wrote extensively on what was likely to happen under the administration of Jerome Powell, the new Federal Reserve Chairman. In my article 'New Fed Chairman Will Trigger A Historic Stock Market Crash In 2018', published
Having slumped to session lows, US stock futures - extremely sensitive to any trade-related headlines - surged instantly when Bloomberg reported that trade hawk Lighthizer had a good feeling about tomorrow's dinner and would be surprised if the China
It is unclear what the catalyst for the sudden plunged in Twitter shares - down over 6% since the open - but some have suggested concerns at a reinvigorated crackdown on accounts after a Putin-impersonating account with a million followers was delete
With Democrats demanding the regulation of social media firms - lambasting Zuckerberg at every opportunity - and leftist politicians up in arms over tax handouts to Jeff Bezos' company in liberal cities, we have a simple question...
One of the reasons why Chinese stocks suffered a sharp selloff in mid-October was the result of some 5 trillion yuan in stock-pledged loans issued against stock collateral, and which as a result of the sharp drop in Chinese markets, had gone underwat
One of the great unknowns surrounding the outlook for both risk and the global economy, is why China has not been more successful in stimulating both its economy and its stock market.
Everyone in the market remembers the Global Financial Crisis. Very few on trading desks remember the Tech crash of 2000. I remember it all too well after the partying of 1999: it was exhilarating (or painful if you were short) to watch the exponent
The FAANGs (Facebook, Apple, Amazon, Netflix, and Alphabet) have real problems.
Goldman Fears Italy Capital Flight Looms