Silver as an investment

Category Archives: Financial ratios

Will Yesterday’s Market Selloff Turn “Emotional”: Here Are The Key Indicators RBC Is Looking At

Yesterday’s sharp S&P selloff, the largest of 2017, and the first time the market dropped by more than 1% in 110 trading days, may be just the beginning: that is the troubling thesis presented by JPM’s quant Marko Kolanovic, who as we quoted yesterday, warned that “following Friday’s option expiry, the gamma imbalance shifted towards […]

Credit Suisse “Climbs The Wall Of Worry”, Raises S&P Target To 2,500 From 2,350

Following bearish reports from Goldman (which tactically downgraded stocks to Neutral for the next three months just hours before the Fed rate hike), RBC and JPM’s head quant Marko Kolanovic over the past week, overnight Credit Suisse decided to take the other side of the trade and hiked its year end forecasts for the S&P500, […]

Goldman: Investors Will Soon Capitulate

After the inflation in P/E multiples has sent the S&P500 to to a level above the 90% percentile of all historical valuations, Goldman has called a time out, and says that there will be no more multiple expansion. As a result only one thing will push stock prices higher “as equity valuations compress as interest […]

In Latest Tightening Move, China To Cut Money Supply Growth To 12%

For a majority of China watchers, while Beijing’s goalseeked GDP reports are largely dismissed as politburo propaganda, most of the attention falls on the PBOC and banking sector’s credit creation, and particularly, how this translates into broad money supply, or M2, growth: after all, in a nation which has roughly $35 trillion in bank assets, […]

Interest Rate Differentials Increasing Financial Market Leverage To Unsustainable Levels

By EconMatters We discuss the rate differentials between Switzerland, Britain, Europe, Japan and the United States and how this Developed Financial Markets carry trade is incentivizing excessive risk taking with tremendous leverage and destabilizing the entire financial system in the process in this video. You want to know what is behind weekly market records, borrowed […]

Goldman: Investors Will Soon Realize They Were Too Optimistic

Goldman Sachs really wants the market lower. After several increasingly more comprehensive critiques of Trump’s fiscal policies (most recently this past weekend), on Friday, just as the S&P closed at fresh all time highs propelled by a late day ramp, Goldman’s chief equity strategist who has a 2,300 year end target on the index, cautioned […]

The Ag Paradox: Farm Incomes And Equipment Purchases Tank While John Deere’s Stock Soars

Last week we wrote about the U.S Department of Agriculture’s latest biannual report of farm incomes which painted a very bleak picture for the American farmer.  In its first forecast for 2017, the USDA saw real farm cash receipts down 14% versus 2015 and 36% from the previous high set in 2012 as farm debt […]

“The Jinga’s Up”

Submitted by Jason Leach via FusionPointCapital.com, "Pulling Awesome Forward", printed on inauguration day, discussed how markets had priced in a lot of good with the S&P 500 rising ~8% since the election. A number of economic "positives" including infrastructure spend, tax reform, healthcare reform, and deregulation built a relentless bid in equity markets. And, myriad […]

Why Everyone Is Complacent: “2016 Saw The Fewest S&P 500 Drawdowns Ever”

One week ago we were surprised to read that, in Tom Lee’s 2017 market outlook, Wall Street’s formerly most vocal cheerleader and its most prominent permabull had unexpectedly turned into one of the most skeptical bears. As a reminder, at a time when virtually every other Wall Street strategist, even the quasi skeptics, are convinced […]

2007 All Over Again – Stock Valuations Enter “Crash” Territory

Submitted by John Rubino via DollarCollapse.com, The Trump Christmas stock market rally has taken valuations beyond a point that in the past has signaled trouble, which in turn has generated a lot of cautionary press like the following: Market indicator hits extreme levels last seen before plunges in 1929, 2000 and 2008   (CNBC) – […]