Silver as an investment

Category Archives: KKR

India’s $207 Billion Mess Is Once-In-A-Lifetime Opportunity For Asia’s Richest Banker

In October, we discussed Indian Prime Minister, Narendra Modi’s, decision to hand over $32bn to recapitalise India’s state banks. The motivation was India’s slowing growth rate and the need to add one million Indians to the workforce every month. Crippled by massive bad debts, the state-owned banks were struggling to extend more credit to the […]

Bill Blain: How To Catch Rabies In The Junk Bond Market

From Bill Blain of Mint Partners Blain’s Morning Porridge – How to catch rabies in the Junk Bond Market I’m sure everyone has been following the Toy R Us meltdown in the bond market. Alongside chapter 11 bankruptcy, its bonds have crashed from 96 to 18% through the month. Have we seen this before? Of […]

Frontrunning: August 18

Hunt for Driver Widens as Second Attack Hits Spain, Five Suspects Are Killed (WSJ) FT loses it over bitcoin’s relentless rise (FT) China Codifies a Crackdown on ‘Irrational’ Outbound Investment (BBG) U.S. Navy, citing poor seamanship, removes commanders of warship in deadly crash (Reuters) ACLU Will No Longer Defend Hate Groups Protesting With Firearms (WSJ) […]

Frontrunning: July 25

Dollar slumps to 13-month lows before Fed; euro up (Reuters) Overwhelming approval likely for Russia bill (Reuters) Trump to study tougher Russia sanctions bill: White House (Reuters) Unrest bubbles among Trump’s key foreign policy aides (Reuters) Abe Overtaken by Rival as Top Choice for Japan Premier in Poll (BBG) More U.S. Cars Are Made in […]

Frontrunning: June 2

Strong U.S. job growth expected in May; wage rise seen moderate (Reuters) Trump’s Paris Exit Leaves Him Isolated From C-Suites to Capitals (BBG) Critics lament Trump climate move, supporters seek new deal (Reuters) Musk, Iger to quit Trump advisory councils after Paris accord decision (Reuters) Yuan Forecasters Getting It Wrong as China Jolts Markets (BBG) […]

An Absurd Unintended Consequence Of Abnormally Low Rates

By Chris at www.CapitalistExploits.at Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing. Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity. While we […]

Private Equity Sets Its Sites On A New Funding Victim: Mom-And-Pop 401(k)s

After laying ruin to the defined-benefit pension plans of public and private employees over the past several decades, Wall Street has its sites set on its next victim: mom-and-pop 401(k)s.  Sure, because as our recent headlines confirm, wall street money managers have worked wonders for public/private pension funds: Are Collapsing Pensions “About To Bring Hell […]

Global Stocks Rise, Dow Flirts With 20,000 As London Reopens; Oil In Longest Winning Streak In 7 Years

Global markets continued their levitation with the UK returning from vacation, pushing the MSCI Asia Pacific Index higher for the first time in seven days, while oil headed for the longest winning streak in almost seven years ahead of the promised OPEC production cut which is set to begin in just days. The USDJPY rose […]

Bank of America “Thinks The Unthinkable”

Today was a day when not one but two credit analysts, Citi’s Hans Lorenzen and BofA’s Barnaby Martin, both declared that the ECB was doing “too much” QE. As Lorenzen showed in one or his slides to the presentation we highlighted previously, the ECB is now officially dominating the secondary € credit market, by purchasing […]

FBI Probes Firm Belonging To Brother Of Clinton Campaign Chair For Ukraine Corruption Ties

The top political news on Friday was the unexpected resignation of Trump campaign chairman, Paul Manafort, which was the result of emerging revelations that his political consulting firm, DMP International, had orchestrated a covert Washington lobbying operation in the period 2012-2014 on behalf of Ukraine’s then ruling political party, attempting to sway American public opinion […]