Stocks Plunge Most In 4 Months As Yuan Turmoils To 5-Year Lows
Stallone plays Janet Yellen (sarah is 'the market') ahead of tomorrow... Bunds joining the Swiss and Japanese in negative 10Y yields land was perhaps the biggest news today... And the market now sees a...
View Article"What The Hell Is Going On In Europe?" Banks Battered As Brexit Concerns...
Two more polls this morning point to "leave" extending its lead over "remain" and that sentiment is weighing on risk assets (and bond yields) across the world as contagion concersn spread. Bond yields...
View ArticleEuropean Bank Stocks On The Ledge
Via Dana Lyons' Tumblr,Already plumbing multi-year lows, European banks are threatening to fall off another chart “cliff”.We have written several posts regarding the significant challenges that face...
View Article"Deutsche Bank Poses The Greatest Risk To The Global Financial System": IMF
Over three years ago we wrote "At $72.8 Trillion, Presenting The Bank With The Biggest Derivative Exposure In The World" in which we introduced a bank few until then had imagined was the riskiest in...
View ArticleDay 3 Of Global Post-Brexit Rally: European Stocks, US Futures At Session Highs
Day three of the post-Brexit rally continues, and after some initial weakness due to concerns about Chinese currency devaluation, both European stock and US equity futures were trading at session...
View ArticleCredit Suisse Raises Gold, Silver Price Targets To $1,500; $18.75, Sees...
Just days after Goldman threw in the towel on its bearish gold call, the gold bulls are crawling out of the woodwork and none has been more vocal than Credit Suisse which moments ago hiked its gold...
View ArticleGold, Silver Best Performing Assets In H1, 2016 – Up 26% and 38%
Gold, Silver Best Performing Assets In H1, 2016 – Up 26% and 38%Gold and silver are the best performing assets in H1, 2016 and saw gains of 26% and 38% respectively. They were the best performing...
View Article"In Gold We Trust" Annual Report Shows New Bull Market "Emerging"
The "In Gold We Trust" Annual Report by fund managers, Ronald-Peter Stöferle and Mark Valek has just been published and is as ever essential reading for all seeking to better understand the gold...
View ArticleMartin Armstrong: "James Comey Had No Problem Keeping Me In Prison Without...
Submitted by Martin Armstrong via ArmstrongEconomics.com, To indict someone, the criteria is supposed to be “intent.” Comey has used that to pretend there is no evidence that Hillary “intentionally”...
View Article"We've Never Had A Shock To The System Like This" - Global Selloff...
The flight to safety following last week's quarter-end window dressing is accelerating, with constant news and flashing red headlines of record low yields across DM government bonds once the norm, and...
View ArticleEU Banks Crash To Crisis Lows As Funding Panic Accelerates
The signs are everywhere - if you choose to look - Europe's banking system is collapsing (no matter what Draghi has to offer). From record lows in Deutsche Bank and Credit Suisse to spiking default...
View ArticleSPDR Gold Trust gold bars at the Bank of England
By Ronan Manly,BullionStarOne of the most notable developments accompanying the gold price rally of 2016 has been the very large additions to the gold bar holdings of the major physically backed gold...
View ArticleThree "Red Flags" That US Housing Is Starting To Roll Over
With the S&P500 hitting new all time highs every day, one question that has emerged is whether this newfound "paper wealth" is finally trickling down into the US housing sector which still has to...
View ArticleRead This Before Investing Another Cent...
While CNBC and other perma-bulls claim that the stock market is a great investment today, the smart money is already prepping for a disaster.Goldman Sachs has told its clients to “sell at the new...
View ArticleThe Hamptons Housing Market Has Crashed: Luxury Home Sales Drop By Half As...
It is not looking good for the US housing market. One week ago, when we reported that "On Manhattan's "Billionaire's Row", A Death Knell Just Tolled For Luxury Real Estate", we documented the sudden...
View ArticleWith Half The Float Short, Outerwall Sells Itself To Apollo For $52/Share
Over the past several years, Outerwall, formerly known as Coinstar, has alternated from being a momo favorite and hated stock. Having soared as much as $83 in the past year, the stock of the company...
View ArticleItaly Races To Arrange €5 Billion Bailout For Monte Paschi Before Friday's...
As we noted over the weekend, Italy's bank stress test the result of which is due out on Friday, is a "near-term stress event", and one which Italy's most troubled bank, Monte dei Paschi di Siena, is...
View ArticleGlobal Stocks, Futures Continue Rise On Apple, Japan Stimulus; Yellen On Deck
Following a rollercoaster night for the Japanese Yen, when following several media headlines Abe was said to have announced a stimulus package that would be more than JPY28 trillion, which however upon...
View ArticleWhat Wall Street Thinks Of Apple's Earnings Beat
After beating on revenues and earnings despite a steep drop in both revenues and iPhone orders and projecting a third consecutive quarter of declining profits, Apple is up nearly 8% pre-market as...
View ArticleUS Futures Rise With All Eyes On Kuroda As Global Stocks Tread Water
Following yesterday's Fed decision and ahead of tonight's far more important BOJ announcement, European stocks have posted modest declines, Asian shares rise toward 9-month highs, while U.S. equity...
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