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GBP/USD Breaks Bearish Barrier On Bout Of Bullish Brexit Buzz

GBP/USD Breaks Bearish Barrier On Bout Of Bullish Brexit Buzz

We’ve been tracking the regular drumbeat of Brexit headlines and as we noted last week (see “GBP/USD Back Above 1.30 as Barnier says Brexit Deal “Realistic” in 6-8 Weeks” for more), the tone of the public comments has suggested that a deal is growing more and more likely as the talks enter crunch time. Today, UK Finance […]
We Are All Speculators Now

We Are All Speculators Now

When the herd thunders off the cliff, most participants are trapped in the stampede… One of the most perverse consequences of the central banks “saving the world” (i.e. saving banks and the super-wealthy) is the destruction of low-risk investments: we’re all speculators now, whether we know it or acknowledge it. The problem is very few of […]
Why You Should Not Be Surprised To See Higher Yields

Why You Should Not Be Surprised To See Higher Yields

(Audio length 00:14:59) Chris Temple joins me today to address the 10-year opening up over 3% (albeit it pulled back pretty quickly after the open). The fact is yields have been trending higher and there are a number of reasons why we think this trend will continue.
ETFs & Stocks To Surge On Solid August Industrial Production

ETFs & Stocks To Surge On Solid August Industrial Production

The American economy has been on a faster growth trajectory as depicted by rounds of encouraging data in recent months. The latest upbeat industrial production data bolstered the upbeat mood amid the US-China trade tariff chaos. This is especially true as industrial production (a measure of output at factories, mines and utilities) rose 0.4% in […]
Learning The Right Lessons From 2008

Learning The Right Lessons From 2008

Learning the right lessons from financial crises is tough. The 1929 stock market crash was blamed for all the ills of the Great Depression that succeeded it and led to two decades of regulation and socialism. In 1720, the British tried to stop all new company formations while the French gave up on finance altogether […]
Tesla Stock Slumps As Saudis Invest In EV Rival

Tesla Stock Slumps As Saudis Invest In EV Rival

For Tesla competitor Lucid Motors, “funding” is definitely “confirmed”… Confirming rumors from mid-August, the Saudi Public Investment Fund has confirmed an investment of over $1 billion in Tesla competitor Lucid Motors to enable the commercial launch of their first electric vehicle, Lucid Air, in 2020. TSLA shares are sliding on the news… Full Press Release:
Gold Miners Attempting Multi-Year Breakout

Gold Miners Attempting Multi-Year Breakout

The Junior Miners/Senior Miners Ratio (GDXJ/GDX) can often signal when key turning points are about to take place for Gold & Silver Miners. Above looks at this ratio, which highlights that a multi-year narrowing pennant pattern has been forming (higher lows and lower highs). Despite Gold, Silver, GDX, and GDXJ heading much lower over the past several months, […]
S&P 500 Average Daily Change Down To +/-0.40%

S&P 500 Average Daily Change Down To +/-0.40%

2017 was one of the least volatile years ever for the US equity market. The S&P 500 averaged an absolute daily change of just 0.30% last year. Due to a pick-up in volatility during the S&P’s correction in the first quarter, the average absolute daily change for the index is more elevated this year at […]
Central Banks Have Gone Rogue, Putting Us All At Risk

Central Banks Have Gone Rogue, Putting Us All At Risk

Central bankers are now aggressively playing the stock market. To say they are buying up the planet may be an exaggeration, but they could. They can create money at will, and they have declared their “independence” from government. They have become rogue players in a game of their own. Excluding institutions such as Blackrock and […]
Helios And Matheson Plunges Amid Plans To Seek Approval For Reverse Stock Split

Helios And Matheson Plunges Amid Plans To Seek Approval For Reverse Stock Split

Shares of MoviePass parent Helios and Matheson Analytics (HMNY) continued their plunge on Monday after a filing with the Securities and Exchange Commission showed that the company will seek approval for an up to 1-for-500 reverse stock split. The filing follows Helios and Matheson’s 1-for-250 reverse stock split in July and comes amid the financial […]