Visualizing The World's Most 'Unequal' Countries
Wealth inequality was a major issue "in almost every part of the world,"according to Credit Suisse's latest Global Wealth Report. The world had been growing more equal from the start of the century...
View ArticleCAT Halted After 15% Post-Trump Spike: Warns Estimates "Too Optimistic",...
After soaring over 15% in the post-Trump period, Caterpillar shares are halted this morning ahead of a presentation at Credit Suisse Annual Industrial Conference. The presentation shows cost cuts,...
View ArticleMark Carney Defends The Bank of England: "We Are Not Robbing The Poor To Pay...
In a speech delivered at the Liverpool John Moores University on Monday, Bank of England head, and former Goldman partner, Mark Carney defended his central bank's near-zero borrowing costs which have...
View ArticleOil’s Most Popular Trading Products May Soon Be Shut Down
Submitted by Michael McDonald via OilPrice.com,For most retail investors, buying physical crude oil as a commodity is not an option. Instead, many investors turn to exchange traded notes (ETNs) as a...
View ArticleLongest Winning Streak For Global Stocks Since September On Monte Paschi...
Global stocks extended the longest winning streak since September, with Asia up 0.8% and Europe rising 0.7% while bonds and credit markets strengthened amid hopes that the European Central Bank will...
View ArticleBullion Banking: Part I - The Mechanics and the Players
Submitted by Ronan Manly, BullionStar.com IntroductionWhen discussing bullion banking mechanics, it’s important to understand what a bullion bank actually is, and what activities bullion banks engage...
View ArticleGlobal Stocks, Bonds Slide; China Tumbles As Oil Surges To 17 Month High
In a quiet start to the week, European, and Asian stocks fell with S&P futures fractionally in the red, as Chinese markets tumbled the most since June and crude oil surged, even as the Nikkei...
View ArticleExposing The "Mystery" Of Last Week's "Massive" E-Mini Trade
Last Wednesday we reported that between 13:21:14 and 13:21:15 ET, an interval of less than two seconds, something snapped in the market, as both E-mini futures...... and the SPY ETF exploded in volume...
View ArticleThe Dow Is The Most Overbought In Over 20 Years (And Options Traders Have...
The Dow Jones Industrial Average has only been more overbought than it is today four times in the last one hundred years. Having risen for 21 of the last 25 days, The Dow is the most overbought since...
View Article"Less Room To Run" - What Wall Street Is Paying Attention To In Today's Fed...
When it comes to today's FOMC decision, there is little speculation: a 25 bps rate hike, the first in 2016 and only the second since the financial crisis, is now effectively assured: all 103...
View ArticleBuzzFeed And The NYDN: Click-Bait Headlines, False Stories, And Virtually...
Submitted by Duane via Free Market Shooter blog,On Thursday, December 1st, Yasmin Seweid was allegedly assaulted by Trump supporters in NYC. According to BuzzFeed and the NY Daily News, the attack...
View ArticleDeutsche Bank Shares Stumble As DoJ Settlement Looms
Deutsche Bank shares are sliding this morning after headlines from CNBC reporting a settlement is close with the US Justice Department over mortgage fraud. With analyst expectations/hopes in the $2 to...
View ArticleItaly Seeks Authorization To Raise National Debt To Fund Bank Bailouts, As...
While Italy scrambles to conclude a private sector rescue of ailing Monte Paschi, which hopes to raise €5 billion in the form a share sale to anchor and retail investors, while at the same time the...
View ArticleRed Flag For Markets: Pension Funds To Sell "Near Record" Amount Of Stocks In...
One of the recurring comments about the "Trumpflation" rally, which has sent US stock markets to constant record highs and pushed the Dow Jones just shy of 20,000 has been that there is virtually...
View ArticleIn Rare Move, US Sues Barclays For Mortgage Securities Fraud
The market was waiting for the DOJ to announce the long-awaited settlement with Deutsche Bank today. Instead, it got news of a surprise lawsuit filed by the DOJ which sued Barclays after failing to...
View ArticleCredit Suisse Settles With DOJ For $5.3 Billion; Will Pay $2.5 Billion Civil...
Shortly after last night's news that Deutsche Bank had settled with the DOJ for $7.2 billion, of which it would pay $3.1 billion in a civil penalty, far lower than the $14 billion number initially...
View ArticleFutures Unchanged In Thin Pre-Holiday Tape; Italian Bank Bailout Lifts...
European stocks halted two days of declines, with the Stoxx 600 fractionally in the green and Italy’s bonds climbing after Monte Paschi requested a bailout and Italy pledged to provide support for its...
View ArticleFrontrunning: December 23
Berlin market attack suspect killed in Italy (Reuters)Tunisian Suspect Had a History of Criminal Activity, Extremism (WSJ)Hijacked Libyan plane lands in Malta with 118 on board (Reuters)Deutsche Bank,...
View ArticleDave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."
Submitted by Dave Collum via PeakProsperity,A downloadable pdf of the full article is available here, for those who prefer to do their power-reading offline.Background: The Author“The easiest thing to...
View ArticleThe Santa Claus Rally Has Started: A Quick Primer On What To Expect
It is one of Wall Street's most popular, longest-running conventions: the Santa Claus Rally has become its own self-fulfilling prophecy, leading to 11th hour gains at the end of any given calendar...
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