Silver as an investment

Category Archives: Economy of New York City

Crackdown Comes To Wall Street: Morgan Stanley Fires Harold Ford Jr Over Alleged Sexual Misconduct

Ten years after leaving Congress, Harold Ford Jr could be the canary in the coal-mine for Wall Street as the global awakening to sexual abuse strikes a bulge-bracket bank. Harold Ford Jr. “has been terminated for conduct inconsistent with our values and in violation of our policies,” Morgan Stanley spokeswoman Michele Davis said in a statement to Bloomberg […]

$1 Trillion Norway Wealth Fund Sees “Red Flag” In Real Estate Market

Back in September, we pointed out that assets managed by Norway’s sovereign wealth fund had surged to over $1 trillion after they made the controversial decision to increase their exposure to global equity bubbles (see: Norway Wealth Fund Assets Surge To Over $1 Trillion On Massive 70% Allocation To Equities).  The move has worked out […]

“It’s A Vicious Cycle”: Goldman Abandons Equity Options Market-Making As Vol Collapses

October is historically the most volatile month of the year, but in 2017 – the average volatility of US equity markets dropped to an all-time record low…   … And you know something's wrong when, just like in early 2007 when the crash in vol killed the swaptions industry – just before all hell broke […]

Just Five Tech Stocks Add Insane $200 Billion In Market Cap In One Day

The Nasdaq is dramatically outperforming the rest of the major US equity indices today…   In fact this this is the biggest Nasdaq outperformance of the S&P since May 2009… “We saw some weakness in the stocks of tech megacaps recently, not so much because of a concern about mediocre earnings but rather because a […]

10Y Treasury Yields Just Did Something Every Bond Bear Was Waiting For

10Y Treasury yields just crossed 2017's Maginot Line of 2.40% – the highest in six months…   Following Jeff Gundlach's bearish bond perspective, and the signals from the commodity/reflation markets…  Citi is warning that 2.39-2.40% is HUUUUUGE on the US 10 year yield A break of this resistance (close) would strongly suggest a move to […]

‘Shocker’ Of The Day: ‘Tech’ Company That Buys Movie Tickets For $10 And Sells Them For $0.33 May Not Survive

Over the past 4 weeks, the stock of a tiny New York based “IT service management” company, Helios & Matheson Analytics, Inc., has surged just over 1,300% after announcing plans to purchase a majority stake of an “innovative and disruptive technology company” called MoviePass at a $210 million valuation. So how exactly does MoviePass, the […]

The U.S. Justice System Must Focus On Elite Criminality

Authored by Mike Krieger via Liberty Blitzkrieg blog, Two very important articles published in recent days serve to once again highlight America’s metastasizing elite criminality problem. A problem which our justice system simply refuses to address. This corrupt two-tier justice system is something I’ve been focused on from the very beginning of my writings, and […]

After Quietest September Ever, Stocks Face Ominous ‘Curse Of 7’ In Q4

After the quietest September in history for U.S. stocks… Things may about to get a little more exciting – entering the final months of 2017, that last digit doesn’t bode well, if history is any indication. As Bloomberg reports, some of the biggest fourth-quarter declines in the Dow Jones Industrial Average have occurred in years ending […]

Citi Group- Bullish breakout taking place

Citi Group (C) since 2007 highs is much lower in price. Over the past 18-months, its a different story for Citi! Below looks at Citi this year and how it is attempting to breakout from a bullish pattern- CLICK ON CHART TO ENLARGE Over the past few months, Citi appears to have created another bullish ascending […]

FX, Bonds, & Gold Chaotic Ahead Of Yellen Speech

While stocks are shrugging off any and everything, FX, bonds, and gold markets are swinging around wildly ahead of Yellen’s speech at 10ET. The initial move appears driven by Fed’s Kaplan’s comments on “correction in stocks may be healthy.” The reversal is being attributed to a note from Citi suggesting “No US Default Or Shutdown […]