zerohedge.com / by Tyler Durden / 10/22/2014 09:23 -0400
From Dan Loeb’s latest letter to investors:
Before October, both market corrections and rallies back had been quick and dramatic this year. We feared that there had been a paradigm shift until the last few days, but it now seems the market may be continuing [...]
kingworldnews.com / October 22, 2014
Today an acclaimed money manager spoke with King World News about China’s plan for $100 silver, $2,000 gold, and the oil market. Stephen Leeb also spoke about the big picture for resource wars, fracking, Russia, the United States, and Saudi Arabia.
Leeb: “There is no doubt that the Saudis were [...]
mauldineconomics.com / BY TONY SAGAMI / OCTOBER 21, 2014
Investing is about piecing together different bits of information into an illustrative picture—sort of a Wall Street version of the connect-the-dots game we played in kindergarten.
That’s why the headline below from Bloomberg made my investment antennae stand up and motivated me to look for either [...]
zerohedge.com / by Tyler Durden / 10/21/2014 22:15 -0400
Exchange Traded Funds are becoming an important market for hedge funds as BofAML notes, they have shifted their profiles from shorting single stocks to more actively using ETFs as a hedge. On aggregate, BofAML reports that hedge funds owned $36.9bn worth of ETFs at the beginning [...]
armstrongeconomics.com / Martin Armstrong / October 20, 2014
The Dow closed higher with an inside day. The turning points this week seem to be Wednesday (minor) and Friday (main). A reaction high this week still points to a lower low perhaps for the week of November 3rd. It appears that the Phase Transition in stocks [...]
zerohedge.com / by Tyler Durden / 10/21/2014 07:33 -0400
As commented previously, the reason for today’s 30 point rip in emini futures from the lows hit just 4 hours ago, was a test of the ECB emergency BTFD service, today provided courtesy of Reuters which, just after the European close, gave what is ever more [...]
zerohedge.com / by Tyler Durden / 10/20/2014 08:40 -0400
Draghi, we have a problem. Just as Coeure ‘promised’ the ECB, according to The FT, began its bond-buying program this morning. However, peripheral sovereign bond-buying front-runners banking on the ECB greater fool to offload to are disappointed as they are go no easy money love. The [...]
marctomarket.com / by Marc Chandler / October 20, 2014
This Great Graphic was posted in the Financial Times at the end of last week. It is based on EPFR flow data that Bank of America Merrill Lynch distributed. It shows a record $5.7 bln outflow from European equity mutual funds and ETFs in the week [...]
goldcore.com / By Mark O’Byrne / 17 October 2014
Foreword We believe that the “Save Our Swiss Gold” campaign has the potential to be a game changer in the gold market – both in terms of the ramifications for the current global monetary system and in terms of higher gold prices.
There has been a [...]
thedailybell.com / By Staff News & Analysis / October 17, 2014
Nanny State… The Best Regulator? That’s Easy. It’s the Market. … As the Goldman Sachs tapes show, regulators almost always fail. In other cases, they cheat consumers out of choices. Leave it to the market. – The Daily Beast
Dominant Social Theme: Regulation [...]
mises.org / by Joseph T. Salerno / Friday, October 17, 2014
There are strong indications that the remarkable run up of asset prices in the last few years is beginning to run out of steam and may be on the verge of collapse. We will leave aside the question of whether the asset [...]
zerohedge.com / by Tyler Durden / 10/17/2014 08:02 -0400
One of the ongoing attempts to justify a bottom to the market selling rout and preempt a bounce in stocks, at least one that is more than just the Fed’s direct and indirect intervention in the capital markets, has been the pundits’ repeated highlighting that the [...]
acting-man.com / Author Bill Bonner / October 17, 2014
The Dow ended the session down 173 points On Thursday, after falling more than 300 points during the day.
Press reports told us that investors were worried about weak US consumer sales and falling producer prices. Combined with falling crude oil prices, [...]
gold-eagle.com / Graham Summers / October 16, 2014
Stocks bounced earlier today because a NON-VOTING member of the Fed, James Bullard said that the Fed cannot “abide” the drop in inflation expectations.
Setting aside the fact that Bullard DOESN’T VOTE with the Fed and so has no REAL SAY in anything that happens there, [...]
marctomarket.com / by Marc Chandler / October 16, 2014
The market is a fickle mistress. At the end of September, and at the start of this month, we pushed against the hawkish read of the Fed’s dot-plots. We resisted talk of a Fed hike in Q1 15. We explained that the Fed’s policy signal [...]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, October 16, 2014 12:38 AM
I have been warning US treasury bears for quite some time, but I now wonder if we have seen a bit of short-term capitulation.
Before discussing further, let’s first look at a Mish Mailbag.
Reader Rob writes …
I was thinking [...]
zerohedge.com / by Tyler Durden / 10/16/2014 08:36 -0400
As we noted last week, when there is no hiring, there is no firing…
and so it is that initial jobless claims collapsed to 264k this week (versus 290k expectations) – the lowest since April 2000 (and 2nd lowest ever on record). That is not [...]
zerohedge.com / by Tyler Durden / 10/16/2014 08:16 -0400
Forward inflation expectations for Europe have collapsed to all-time record lows (based on 5Y forward implied 5Y inflation) as the market grows increasingly impatient at Draghi’s dragging his “whatever it takes” feet on pulling the sovereign QE trigger.
With 8 European nations now in outright [...]