Silver as an investment

Category Archives: Goldilocks

What The Yield Curve Says About The Timing Of The Next Recession

While most financial professionals would enjoy nothing more than to trade bitcoin all day long – after all it only goes up in the long run (for now), while bringing insane volatility with it – the reality for most is that they are confined to such boring, established legacy instruments as Treasurys, which rarely have […]

Rising Interest Rates Starting To Bite

Submitted by Gary Evans of Global Macro Monitor We have long held that interest rates have been so low (especially real rates) that it will take some time to reach a level for them to really matter and impact markets. The 2-year yield crossing over the S&P500 dividend yield this past week for the first […]

Why Deutsche Thinks 2017 “Was The Most Boring Year Ever”

As part of the macro forecast in his just released 2018 Credit Outlook (more on that in a subsequent post), DB’s Jim Reid first looks back at the almost concluded 2017 and muses that “whichever way you cut it, it’s likely that 2017 will go down as one of, if not the least, volatile year […]

Goldman: These Are The Three Biggest Risks Facing Stocks In 2018

When it comes to the most influential investment bank in the world, Goldman Sachs, its 2018 outlook is borderline euphoric despite the bank’s own explicit admission that valuations have never been higher. In a tortured, goalseeked analysis which we discussed last week, the bank’s chief equity strategist David Kostin said that he expects a year […]

Bank Of America: “This Is A Clear Sign Of Irrational Exuberance”

The latest monthly Fund Manager Survey by Bank of America confirmed what recent market actions have already demonstrated, namely that, as BofA Chief Investment Strategist Michael Hartnett explained, there is a “big market conviction in Goldilocks leading to capitulation into risk assets” while at the same time sending Fund managers’ cash levels to a 4-year […]

Terraforming 101: How To Make Mars A Habitable Planet

Before we can journey to the stars, we must first go to Mars. That’s Elon Musk’s philosophy, anyways – and as Visual Capitalist's Jeff Desjardins reports, just days ago he revealed new details on his ambitions to colonize the Red Planet, including sending two cargo rockets by 2022 and four rockets (two manned, two cargo) by 2024. […]

Gallo Warns: A Volatility Trap Is Inflating Market Bubbles

Authored by Alberto Gallo via Bloomberg.com, A number of markets show not only elevated valuations, but also irrational investor behavior… Investors face a conundrum: The world is experiencing a record synchronous growth phase, but an increasing number of assets are becoming overvalued just as fundamental risks lurk in the background. Should investors continue to dance […]

How To Prepare For Another Market Face-Pounding

Authored by MN Gordon via EconomicPrism.com, “Markets make opinions,” goes the old Wall Street adage.  Indeed, this sounds like a nifty thing to say.  But what does it really mean? Perhaps this means that after a long period of rising stocks prices otherwise intelligent people conceive of clever explanations for why the good times will […]

“How Do We Get To The Next Crisis”: An Interview With Raoul Pal And Julian Brigden

With the dollar index now 10 points below its recent cycle highs from early January, nervous dollar bulls are starting to reevaluate their initial assumption that this would be a short-term pullback, and many are worried that this could be the start of a new secular bear market. In this week’s MacroVoices podcast, host Erik […]

BofA: “The Longer This Continues, The More The Current Regime Echoes 2004-2007”

There is no getting away from it: in what has become a long-running tradition, every day brings a new explanation (or at least attempt) to the current low-vol regime from a major bank, and today it was (again) Bank of America’s turn to explain why the VIX, and cross asset vol in general, both continue […]