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An Absurd Unintended Consequence Of Abnormally Low Rates
By Chris at www.CapitalistExploits.atMarket dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.Welcome to this week’s edition...
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"The Retail Bubble Has Now Burst": A Record 8,640 Stores Are Closing In 2017
“Thousands of new doors opened and rents soared. This created a bubble, and like housing, that bubble has now burst.” - Richard Hayne, Urban Outfitters CEO, March 2017The devastation in...
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Key Events In The Coming Busy Week: US GDP; ECB & BOJ Meetings, And Lots Of...
The key economic releases this week are the durable goods report on Thursday and Q1 GDP on Friday. It iweek is the busiest week of earnings season, with 40% of S&P 500 equity cap reporting. In...
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A Delighted Wall Street Reacts To The French Election
With European stocks on fire, and US futures moving fast to recoup recent all time highs, it is no surprise that Wall Street is feeling particularly bullish this morning. As noted previously, the...
View ArticleFrontrunning: April 24
French election relief sends Europe soaring (Reuters)Gloves off as Le Pen and Macron pitch for final battle (Reuters)French Runoff Creates Fresh Political Divisions (WSJ)U.S. Government Shutdown May...
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Why The Crude Rally Has Fizzled - Part 2
Authored by James Bambino via Platts blog,This is the second of a three-part look at why oil prices have failed to rally despite OPEC’s best efforts at managing supply cuts. Read part 1 here.So, why is...
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Unilever Sustainability Platform Is Unsustainable
Submitted by T. LeevesUnilever Sustainability Platform is UnsustainableAt some point near the end of the last century the leaders of major U.S. manufacturing firms began to ponder the idea they had a...
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World Stocks Hit All Time High, S&P Futures Rise To Within 1% Of Record
After yesterday's violent gap up in stocks across the globe in response to the "expected" outcome from the French election, today the risk on sentiment has continued if to a lesser extent, with stocks...
View ArticleFrontrunning: April 25
Trump’s 15% Corporate Tax Push Sets Stage for Clash With Ryan (BBG)U.S. and North Korea Flex Military Muscles (BBG)Le Pen's father criticizes her presidential campaign as she steps back from party...
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Global Market Cap Hits $50 Trillion For The First Time Ever As All Eyes Turn...
After two days of back to back triple digit gains in the Dow for the first time since the election, overnight the torrid rally has faded, with European shares and U.S. stock futures little changed...
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S&P: These Ten Retailers Will File For Bankruptcy Next
Three weeks ago, we reported that Fitch had put together a list of 8 retailers who were likely next in line to file for bankruptcy. The rating agency speculated that distressed legacy "bricks and...
View ArticleFrontrunning: April 27
Israel strikes Iran-supplied arms depot near Damascus airport (reuters)ECB Keeps Policy Settings Unchanged Awaiting Political Clarity (BBG)Lawmakers push one-week stopgap funding bill (The Hill)Key...
View ArticleFrontrunning: April 28
World stocks pause near record highs (Reuters)'If there's a shutdown, there's a shutdown,' Trump says (Reuters)Trump’s Tax Plan Hits First Land Mine: Blue State Republicans (BBG)Congress to Vote on...
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US Rig Count Rise Continues As Crude Production Hits 20-Month Highs
From the May 2016 lows, the number of US oil rig counts have only declined 3 times and this week was no exception. Up for its 15th week in a row (+9 to 697), its highest level since April 2015, the rig...
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Building the "Perfect" Digital Investment Portfolio & How to Value "Hard to...
The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many "professional"...
View ArticleFrontrunning: April 24
French election relief sends Europe soaring (Reuters)Gloves off as Le Pen and Macron pitch for final battle (Reuters)French Runoff Creates Fresh Political Divisions (WSJ)U.S. Government Shutdown May...
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S&P Futures Jump Ahead Of GOP Healthcare Vote, Ignore China Commodity Crash
S&P futures rose on hopes a successful Republican healthcare vote on Thursday will unlock the Trump fiscal agenda, while European shares jumped to a 20 month high on signs Macron is poised to win...
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Visualizing America's Retail Apocalypse
The steady rise of online retail sales should have surprised no one. As Visual Capitalist's Jeff Desjardins notes, back in 2000, less than 1% of retail sales came from e-commerce. However, online sales...
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Home Capital Sells $1.5 Billion In Mortgages At Unknown Price To Shore Up...
As recently as a few weeks ago, the business model of Canada's largest alt-mortgage lender, Home Capital Group, was originating and sourcing mortgages. Then a liquidity crisis struck, sending the...
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Chinese Stocks Slide Again: One Trader Thinks It's All About The Financial...
After two days of disappointing macro data out of China, with trade numbers missing expectations on Tuesday following by another drop and miss in producer prices overnight, the "great decoupling"...
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