A hub for independent voices and hard truths
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
“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.” …
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, …
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 …
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 …
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 …
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 …
https://creditbubblebulletin.blogspot.com/2023/12/weekly-commentary-2023-year-in-review.html Amazingly, the MMF complex has become the predominant financier to one of history’s greatest leveraged speculations – a speculative Bubble now at the heart of ongoing government finance Bubble “terminal phase” excess. Even more stunning is the lax regulatory …
BY DAVID HAGGITH And that doesn’t exactly lead to a tunnel of light. Photo by Pat Whelen on Unsplash Markets are in a doom loop and don’t know it because they don’t want to know it. Another voice chimes in today about Powell’s …
BY JAMES RICKARDS The Fed rate remained unchanged as a result of the FOMC meeting last week. But what’s the future look like? Today, I’ll explain what happened in terms of policy moves, what Fed Chair Jay Powell believes will happen …
In the current financial landscape, a palpable tension brews as markets lean towards anticipating an imminent Fed pivot, contrary to the central bank’s official stance. The prevailing sentiment suggests greed levels in the market are soaring to multi-year highs, as …
Interest rate futures indicate expected rate cuts from March 2024, with a growing chance of cuts starting in January. Three weeks ago, markets anticipated an additional rate hike and cuts in June 2024; now, there’s a 2% chance of an …
