Silver as an investment

Category Archives: Great Recession in the United States

So Why Did Capital One “Suddenly” Exit Mortgage Lending??

Last week, Capital One Financial (COF) announced that is was formally withdrawing from the residential mortgage loan market.  Some observers mistook this announcement for news, thinking that COF had actually been engaged in residential lending in a serious way.  Housing Wire, for example, reported that COF had “suddenly” exited the mortgage and home equity business. […]

Dear Jay… You Have A Problem

It is said that the markets will test a new Fed Chair early on and judging by the fact that financial conditions just tumbled to their 'easiest' in 24 years – despite four rate hikes – Jerome Powell will have his work cut out persuading the market that he is serious (before this bubble bursts). […]

Macquarie: “Investors Are Mentally Exhausted Because They Understand There Is Nothing Normal In This Market”

In a note released this morning by Macquarie’s Viktor Shvetz, the bank’s stunned head of global equity strategy looks at what has become a “world without risk” and makes several observations, the key of which is absolutely spot on: “Investors are probably suffering extreme mental exhaustion. Historically low volatilities and risks, coinciding with high valuations, […]

Homebuilder Stocks Surge To Bubble Highs, There’s Just One Thing…

A key index of housing stocks has finally made it back to the highs of last decade’s bubble. As Dana Lyons explains, one of the, in some ways surprising, achievements of the current bull market in stocks has been its ability to resuscitate former busted bubble sectors once left for dead. For example, early this […]

As Jackson Hole Ends, Here Is The Truth

The 2017 edition of the  Jackson Hole symposium is officially over, and while central bankers disappointed markets by not providing any insight into their views on monetary policy (assuming they have any) they instead focused on market stability, and patted themselves on the back for creating a fake “risk-free environment” (which they justify by the […]

Better A Year Early Than A Day Too Late

Authored by Adam Taggart via PeakProsperity.com, He who hesitates is lost. ~proverb Change, especially a collapse scenario, often happens quite fast. So fast that there's little to no time to react in the short frenzy between "before" and "after". This is true throughout nature. Glaciers that took millennia to form calve off into the sea […]

A Bearish Citi Warns “Bigger Forces Are At Play”, Pointing To Its ‘Chart Of The Week’

Over the next three weeks, the investing world will shift its attention away from the endless chatter of central bankers and concerns about the state of the economy, and instead focus on second quarter earning season, which launched on Friday with results from the three biggest US banks which showed that chronically low volatility is […]

Fed Warns “Valuation Pressures Have Increased Further” In Latest Monetary Policy Report

Moments ago the Fed released its July Monetary Policy Report which forms the basis of Janet Yellen’s testimony to Congress next week, and while it does not traditionally discuss monetary policy it does provide a snapshot of the Fed’s take of the economy and capital markets at any given moment. Here are some of the […]

El-Erian: 3 Things Stock Market Investors Should Watch (And 6 Observations)

Authored by Mohamed El-Erian via Bloomberg.com, With attractive returns such as haven't been seen for quite a few years, investors in global stock markets have had a very good first half of 2017. Record levels for several widely-followed country indexes occurred in the context of notably muted volatility, adding to the sense of investor comfort […]

The Federal Reserve Is A Saboteur – And The “Experts” Are Oblivious

Authored by Brandon Smith via Alt-Market.com, I have written on the subject of the Federal Reserve's deliberate sabotage of the U.S. economy many times in the past. In fact, I even once referred to the Fed as an "economic suicide bomber." I still believe the label fits perfectly, and the Fed's recent actions I think […]