Silver as an investment

Category Archives: Bloomberg L.P.

VIX Set For Calmest September In History (Despite Nukes, Fed, Quakes, And Storms)

September has seen… More missile tests from a nuclear-capable nation than ever before. The biggest storms ever in America (a quarter of all Atlantic Cat 5 landfalls on record have occurred in the last two weeks). The worst quake in Mexico in over 30 years. US threats to cut China from the global financial system. […]

Tesla Upsizes Junk Bond Offering After Excess Demand

There’s covenant-lite and then there’s “zero covenant” junk debt, and moments ago Tesla just sold $1.8 billion of the former, upsizing what was previously expected to be a $1.5 billion issue. The deeply junk “B3/B-” rated bond was priced at par to yield 5.25%, with Goldman – who famously slashed its Tesla price target to […]

Wall Street Strategists Forecast Most-Bearish Second Half Since 1999

Despite a hiccup in the last week or so, global stocks survived as the best-performing asset class of the year (with the MSCI All-Country World Index wrapping up its best first half in 19 years)… But, as Bloomberg reports, Wall Street strategists are fighting historic odds when urging investors not to chase the rally in the U.S. […]

Trump Budget Cuts Hit As State Department Imposes New Hiring Freeze

In an effort to support President Trump’s plans to cut the State Department budget by about one-third in fiscal year 2018, Secretary of State Rex Tillerson has imposed a new freeze on hiring. As a reminder, President Trump instigated an across-the-board hiring freeze in his first days as President, then lifted it in April in […]

Trump Preparing Executive Order On Drug Prices; Spec Pharma Stocks Slide To One Month Lows

Specialty pharma stocks are dropping – again – on news that the Trump administration is preparing an executive order – again – targeting lower U.S. drug costs. Bloomberg reports that the order addressing the sensitive campaign issue could come within weeks and has been largely left out of Republican legislative efforts in Congress, until now. […]

Peak Economic Delusion Signals Coming Crisis

Authored by Brandon Smith via Alt-Market.com, In my article 'The Trump Collapse Scapegoat Narrative Has Now Been Launched', I discussed the ongoing and highly obvious plan by globalists and international financiers to pull the plug on their fiat support for stock markets and portions of the general economy while blaming the Trump Administration (and the […]

LTCM Is Back: One Hedge Fund Uses 25x Leverage To Beat The Market

Before we start, a little history lesson… At the beginning of 1998, Long-Term Capital Managementhad equity of $4.72 billion and had borrowed over $124.5 billion with assets of around $129 billion, for a debt-to-equity ratio of over 25 to 1.   It was run by finance veterans, PhDs, professors, and two Nobel Prize winners. Everyone […]

Weekend Reading: The Everything Bump

Authored by Lance Roberts via RealInvestmentAdvice.com, I received an email this morning that is symptomatic of the current psychology prevailing in the market currently: “It seems to me like much of the market movement these days due by the huge increase in algo-driven trading and also by direct or indirect CB intervention. Every time you […]

Puerto Rico’s Population Drain Since 2013 Equivalent To US Losing 20 Million People

Puerto Rico’s economic decline and, now bankruptcy, has triggered an astonishing exodus as thousands flee the commonwealth in search of economic opportunity in the Continental US, Bloomberg reported. The population has been declining rapidly. The island has lost 2 percent of its people in each of the past three years, a comparable departure in the […]

Shocking Admission From NY Bankruptcy Judge: “Chapter 11, 15 Filings Have Exploded”

A stunning soundbite was captured by a Bloomberg reporter during last week’s event at the American Bankruptcy Institute. According to judges speaking at an ABI conference Thursday in Manhattan, the U.S. Bankruptcy Court for the Southern District of New York is seeing a sharp rise in cases this year, with Chapter 11 and Chapter 15 […]