Independent thinking for complex markets and current events
Paul Volcker says inflation is all about money supply good thing money supply is up $1 trillion in 7 months since Nov 1, 2023. No wonder there’s a speculative orgy in financial markets as well as reaccelerating inflation. pic.twitter.com/BHVqSX3Aht — The Punisher (of Wall ST) (@GregCrennan) May 22, 2024 pic.twitter.com/sQV3GffBuh — The Punisher (of Wall …
Gold and Silver on steroids will destroy all the banks. View post on imgur.com https://finviz.com/futures_charts.ashx?p=d&t=SI h/t jlee2027
The recent decline in the Chinese market has sent shockwaves through the global economy, raising serious concerns about the state of China’s economic health. Alicia García Herrero, Chief Asia-Pacific Economist for Natixis, succinctly captured the prevailing sentiment: “Nobody believes the economic situation is going to get any better.” This lack of confidence is deeply troubling, …
India, May 3 — With tension between China and the United States far from tapering off anytime soon, it is in trade and economic sectors where Beijings activities appear to have further hit panic button in the US as Secretary of State Antony Blinken, during his April 24-26 visit to East Asian country, raised his …
Top 10 Emerging Markets Here are the fastest-growing emerging economies, based on real GDP compound annual growth rate (CAGR) forecasts over the period of 2024-2029: Rank Country Projected CAGR (2024-2029) 1 Guyana 19.8% 2 Mozambique 7.9% 3 Rwanda 7.2% 4 Bangladesh 6.8% 5 Ethiopia 6.7% 6 Niger 6.7% 7 Uganda 6.6% 8 India 6.5% 9 …
Hong Kong’s tax revenue fell by HK$18.2 billion (US$2.3 billion) to HK$342 billion in the last financial year amid a slump in the stock and property markets, but authorities have said income is set to rebound as curbs on buying flats have been scrapped. Commissioner of Inland Revenue Tam Tai-pang said on Thursday he expected …
Chart: JP Morgan — Markets & Mayhem (@Mayhem4Markets) April 28, 2024 For those that do not yet fully appreciate this concept, it's a simple business strategy. Market makers are not in the market to lose money. They have to hedge their delta exposure, so when they sell a put contract, they sell the underlying to …
SHANGHAI, April 26 (Reuters) – China’s sliding yuan has been hitting the weak end of the band in so-called cash settlement transactions this week, making it challenging for banks and businesses on the mainland to transact, traders say. Under unrelenting pressure from rising U.S. yields and outflows from China, the yuan is at five-month lows …
BY DAVID HAGGITH And Fed Chair Powell is joining them because suddenly nothing is going right for his soft-landing plans! Rising Middle-East tensions are driving up the price of crude oil and driving down the price of stocks and value of bonds. Analysts are saying oil could go to $100/bbl if the conflict between Israel …
Market's getting smoked right now. pic.twitter.com/zjGRfnpDDp — Mac10 (@SuburbanDrone) April 15, 2024 Recent market volatility, characterized by a three-day streak of significant selling, reflects mounting apprehensions amid escalating yields and deteriorating performance of real estate stocks. Against a backdrop of shifting interest rate expectations and concerns over stagflation, investors grapple with the implications of a …
Trump Media, which began being publicly traded last week, is now far and away the most expensive stock to sell short, according to S3 Partners, a leading financial data marketplace platform. Investors who wanted to borrow Trump Media shares to sell them short on Wednesday would have had to pay financing costs of between 750% …
In today’s market, gambling fever is spreading fast, changing how we invest. Grant Williams, an astute observer of market trends, rightly points out that we’ve become a “Society of Speculators.” It’s not just about stocks anymore; it’s about the thrill of the bet, the excitement of the gamble. Look around, and you’ll see the signs …
The debt-service coverage ratio, a measure of financial health, has dropped significantly over the past year, indicating increased risk among leveraged loan companies. Morgan Stanley’s Chief Investment Officer warns that if corporate profits disappoint, the stock market rally could end. Options markets show extreme optimism, suggesting investors may be overlooking potential risks. Something about swimming …
View post on imgur.com by Karl Denninger 2024-03-21 07:00 No Sir, There Are No Rate Cuts The market’s reaction to the Fed Rate decision is utterly insane. Obviously the market thinks rate cuts are imminent. There’s no evidence for this in the Fed Statement or data. Specifically, the Fed strengthened its language on the job …
The potential unwinding of the yen carry trade due to the BOJ raising rates could indeed introduce significant volatility into the FX markets. Yen carry trade ….things could get interesting in the FX markets if this gets unwound due to BOJ raising rates pic.twitter.com/MSYw9s0qHy — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) March 18, 2024 Will the …
Big day for the markets tomorrow Inflation numbers come out at 8:30am EST Previous reading = 3.1% Predicted reading = 3.1% pic.twitter.com/ppUYbp9G8D — Bravos Research (@bravosresearch) March 11, 2024 Shorts are covering ahead of CPI tomorrow. However, CPI last month was the heaviest selling down day of 2024. pic.twitter.com/dly12gIaag — Mac10 (@SuburbanDrone) March 11, 2024 …
Another damming poll for Biden: With 8 mths left until Nov election, Joe Biden’s 43% support lags behind Donald Trump’s 48% in the national survey of registered voters. The share of voters who strongly disapprove of President Biden’s handling of his job has reached 47%, higher… pic.twitter.com/GluqRbZ77D — Holger Zschaepitz (@Schuldensuehner) March 3, 2024 Two …
by confoundedinterest17 Goodbye free markets! Hello heavy-handed government cronyism. So, despite recent declines in energy prices, gasoline prices are still up 46.25% under “Green Joe” and the all important for shipping, diesel prices, are still up 55.6% under Brainless Joe. One would think that massive rises in gasoline and diesel prices would make everyone buy an …
The Chinese EV industry may have little choice but to square off in a potential fight to the death, according to the billionaire co-founder of Xpeng. No matter who wins, though, their Western peers stand to lose. As China’s carmakers pursued profitable growth in the West, the country took Japan’s crown as the largest automotive …
Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track …
At the start of the year, people thought there would be rate cuts, but now that’s not so sure. Wage growth is still high, making 2% inflation doubtful. Stocks seem tired, adding more uncertainty to the mix. There are only three certainties in life, death, taxes and markets being wrong about federal-funds rate pic.twitter.com/DAzbBsoEfO — …
“We are expecting an upward trajectory in the US equity markets,” wrote Scott Bessent, a former Soros Fund Management investing chief as he bets on a “Trump rally”. “Barring Biden pulling ahead in substantial fashion, all pullbacks should be bought.” Bessent’s bet appears well based as the polls (averaged by Real Clear Politics), Trump has …
In a financial spectacle, the Magnificent 7 stocks now wield a market cap larger than the entire stock market of any country, excluding the U.S., as per Factset. The dominance of these tech giants within the S&P index is unmistakable, and projections indicate that this gap will persist in the current quarter. Contrary to popular …
Chinese regulators face challenges in invigorating local stock markets amid investors’ reluctance to embrace higher risks. Reports from Yicai suggest that fund managers are struggling to launch new public equity funds due to this cautious investor sentiment. Despite rumors of regulatory efforts to encourage fund managers to issue more equity funds and revive the sluggish …
Read Victor’s July 2018 article about Rules Of The Bond Game here: The Rules of the Bond Game https://www.theepochtimes.com/opinion… During this 35+ minute interview, Victor talks about the bond bear market and how the rules for many “markets” and economic data like CPI and Jobs Reports are constantly being changed. Victor doesn’t think that the …
In a concerning turn of events, the Nasdaq has experienced a nearly 4% decline in just three trading days, resulting in a staggering loss of $600 billion in market capitalization. This downturn erases all gains made since December 13th, highlighting the volatility in the market. Adding to the unease, the Magnificent 7, a group of …
Amidst the fanfare of Bitcoin projections and market optimism, a stark reality unfolds. The brilliance of hooking investors in and then pulling the rug is now evident, as an analyst downgrades Nvidia, attributing it to the implosion of the Artificial Intelligence hype cycle. The current economic landscape exacerbates the crisis, with millennials grappling with two …
