Silver as an investment

Category Archives: Bond

Economic Depression And Denial: “We Want To Believe We Aren’t Japan”

Authored by Jeffrey Snider via Alhambra Investment Partners, Back on March 10, the New York Fed’s attempt at real-time GDP forecasting predicted that the Q1 2017 estimate would be 3.2%. That would have qualified as another decent quarter, the second out of the past three and somewhat in keeping with “reflation.” As we know today, […]

Biggest Inflows Into European Stocks Since 2015, Just As The Economic Pullback Begins

Forget the “great rotation” out of bonds into stocks: 6 months into the so-called reflation trade, which so many strategists predicted would unleash a new era of euphoric stock buying driven by bond sales, it just isn’t happening; in fact bonds have seen fund inflows on 17 of the last 18 weeks. Instead, two other […]

Bernanke ‘Terrifies’ Stock Investors, Again

Authored by Jeffrey Snider via Alhambra Investment Partners, If you are a stock investor, you should be terrified. The most disconcerting words have been uttered by the one person capable of changing the whole dynamic. After spending so many years trying to recreate the magic of the “maestro”, Ben Bernanke in retirement is still at […]

Stocks Dazed After Trump NAFTA Flop, Tax Plan Disappointment; ECB Looms

European shares are lower, pressured by disappointing results by Deutsche Bank and ending a six-session gain, as Asian equities and S&P futures were little changed after a record-setting rally in world stocks which pushed the MSCI World index to over $50 trillion yesterday, fizzled after Trump released unconvincing tax cut plans prompting traders to “sell […]

Can Macron Save The World? Save France?

Authored by Mike Shedlock via MishTalk.com, The markets appear giddy over the election prospects of Emanuel Macron in France. Equities are up along with bond yields. Gold is down. Macron won round one of the French election Sunday and will square off against Marine Le Pen in round two on May 7. He is widely expected […]

Stocks Jump As Trump Promises Plan For “Biggest Tax Cut Ever” Next Week (Again)

It's deja vu all over again… *TRUMP SAYS HE WILL UNVEIL TAX PLAN NEXT WK: AP *TRUMP SAYS PLAN TO INCLUDE `MASSIVE' CUT FOR COS., INDIVIDUALS And the machines fell for it…   As AP reports, President Donald Trump says businesses and individuals will receive a "massive tax cut" under a tax reform package he […]

Alzheimers’ America – Where Shit Happens & Is Promptly Forgotten

Authored by Howard Kunstler via Kunstler.com, Paging Doctor Oz! A patient calling itself The United States wandered into the emergency room disoriented, wearing a filthy warm-up suit, claiming it was “the greatest” this and that… but was unable to complete the nine-page admission protocol or present valid insurance ID. Patient is growing increasingly violent, threatening […]

Shorts Smoked – Stocks End ‘High’ As Dollar Dumps’n’Pumps

Despite tumbling soft data and disappointing earnings data… Stocks soared most in 6 weeks…     Another day, another one-way trip in stocks. VIX clubbed to a 13 handle again stocks soar… Trannies and Small Caps once again led the day (short squeeze) and S&P lagged but everything was awesomely green again…   Another big […]

Big Blue Batters Dow To 2-Month Lows As Crude Crashes

No macro today but excuses galore for Goldman's weak quarter and why we should just ignore IBM… Fed's Rosnegren talked up the reduction of the balance sheet and that didn't help…   Optimism overnight quickly faded in US equities (even as the dollar kept rising)…S&P and Dow closed red   Led by crude…   And […]

European Stocks, Futures Rebound As Stronger Dollar Eases Haven Demand

European stocks rebounded after the biggest one-day drop since November, alongside S&P futures, while Asian equities posted modest declines after yesterday’s weak US close. Gold and yen slid, while the dollar gained on the latest Mnuchin comments to the FT according to which Trump was “absolutely not” trying to talk down the dollar. European equities […]