Silver as an investment

Category Archives: Bain

“Millennials Don’t Care About Logos”: How Collapsing Brand Loyalty Will Allow Amazon To Dominate Apparel

Despite daily affirmations from the White House that “everything is awesome” with the economy, 2017 has been a miserable year for retailers.  As Reorg First Day points out, over 30 retailers, with debt aggregating into the billions of dollars, have filed for bankruptcy so far this year… After Shiekh Shoes’ filing today, at least 30 […]

US Futures Rebound After Disappointing Chinese, European Data

Yesterday’s sharp Chinese selloff is now a distant memory after the BTFDers emerged, and this morning U.S. equity futures are once again levitating as the FOMC begins its two-day policy meeting, following an uneventful BOJ announcement on Tuesday morning which left all QE parameters unchanged. Asian stocks traded mixed steady while European shares climb. The […]

Vulture Investors Swarm To Houston As Flooded Homes Sell For 40 Cents On The Dollar

      “The time to buy is when after there’s blood water in the streets.” As 1,000’s of families along the Texas shoreline continue to struggle with putting their lives back together following the apocalyptic landfall of Hurricane Harvey roughly 6 weeks ago, vulture investors are increasingly swooping in to exploit their misery with […]

Global Bond Rout Accelerates Even As Dollar Rally Fizzles

In a continuation of trading patterns observed over the previous two days, on Thursday the global bond rout deepened in the aftermath of the release of President Trump’s tax-cut plan, Janet Yellen’s recent hawkish comments and renewed optimism over the health of the U.S. economy. While global stocks were mostly mixed as investors tried to […]

Bill Blain: How To Catch Rabies In The Junk Bond Market

From Bill Blain of Mint Partners Blain’s Morning Porridge – How to catch rabies in the Junk Bond Market I’m sure everyone has been following the Toy R Us meltdown in the bond market. Alongside chapter 11 bankruptcy, its bonds have crashed from 96 to 18% through the month. Have we seen this before? Of […]

Frontrunning: September 21

Mark Zuckerberg’s Political Awakening (BBG) Bank of Japan Sticks With Easy-Money Settings (WSJ) Bank of Japan board member demands more stimulus (FT) S&P downgrades China, says rising debt is stoking economic, financial risks (Reuters) Boston’s Fate Lies With a Zombie Hurricane as Maria Moves North (BBG) SEC says hackers may have traded using stolen insider […]

Frontrunning: May 31

Trump Faces Instability as Russia Probe Expands to Inner Circle (WSJ) Huge bomb in sewage tanker kills at least 80, wounds hundreds in Afghan capital (Reuters) Russia fires cruise missiles at Islamic State targets from Mediterranean (Reuters) Trump blasts Russia probe, urges testimony from former adviser Page (Reuters) Activist probing factories making Ivanka Trump shoes […]

Two Blondes, Two Fates

From the Slope of Hope: Earlier this week, my son asked me a sincere question: “How come Marissa Mayer got $200 million by screwing up Yahoo?” It was a good question, and one I had trouble answering at first, because I’d like him to think that there’s some level of fairness, meritocracy, and sensibility to this world of ours. […]

The American Dream, Twice Removed

I can’t avoid linking that to earlier periods of American poverty (see the photos below), says The Automatic Earth's Raul Ilargi Meijer, times in which ‘leaders’ thought it appropriate to let large swaths of the population live in misery, so everyone else would think twice about raising their voices. A tried and true strategy. But […]

Global Stocks Slide, S&P Futures Tumble Below 50DMA As “Trump Trade” Collapses

Global stocks are lower across the board to start the week, as concerns about Trump’s administration to pull off a material tax reform plan finally emerge, pressuring S&P futures some 20 points lower this morning, following European and Asian shares lower, while crude oil prices fall unable to find support in this weekend’s OPEC meeting […]