Silver as an investment

Category Archives: Kraft

“We’ve Suffered A Crushing Defeat” Says Martin Schulz After Historic Merkel Victory In Today’s NRW Election

At the start of February, a shocking poll revealed that Germany’s Social Democrat, or SPD, party – under the new leadership of former Europarliament head Martin Schulz – had managed to overtake Angela Merkel’s dominant CDU ahead of Germany’s federal elections in the fall of 2017.  However, just three months later, “Schulz’ fairytale turned into […]

Global Stocks Dip On Poor US Auto Sales, Apple Miss; Fed Decision On Deck

European, Asian stocks and S&P futures all fall as investors digested poor overnight news on Apple earnings and U.S. car sales, while the dollar rose in muted trading as investors contemplated chances of another rate hike next month ahead of today’s Federal Reserve statement. Europe’s Stoxx 600 fell from a 20 month high as traders […]

Frontrunning: April 7

U.S. fires missiles at Assad airbase; Russia denounces ‘aggression’ (Reuters) Congress Supports the Airstrikes, Debates What Happens Next (WSJ) Trump’s Syria Strike Sends Not-So-Subtle Warning to U.S. Rivals (BBG) Russia Halts Cooperation With U.S. on Syrian Air Operations (WSJ) Syria Says Strike Kills Five, Damages Air Base (WSJ) Oil hits one-month high after U.S. missile […]

Spot The Megamerger Leak, Kraft-Unilever Edition

As we detailed earlier, while the story was first leaked by the FT Alphaville blog, there was immediate speculation how widely this morning's megamerger was leaked first. Sure enough, volume of bullish Unilever options rallied in the past two days. As Bloomberg points out, on Unilever’s U.S. ticker, 10,909 calls traded on Feb. 15, the […]

Fake News for Fake People in an Engineered Fake Culture

America really is the land of the dreams.  Dreams, take many forms; hallucinations, nightmares, delusions, bad trips. Fake News is really descriptive; how about Fake culture, fake people, fake life.  Is America real?  You wouldn’t think there are people living here if you walk down most streets, all you see is cars, the occasional dog […]

Ending A ‘Taking’ Economy And Creating A ‘Giving’ Economy (Part 2)

Submitted by Charles Hugh-Smith via OfTwoMinds blog, Ending a Taking Economy and Creating a Giving Economy: Confronting the Zero Interest Rate Policy (ZIRP) and Taking Effective Action  by Zeus Yiamouyiannis (guest essay)   Read Part 1 here… There no longer seems to be a rational alignment between economic cost and value. This means questioning so-called conventional […]

S&P Futures Flat As Europe, Asia Lifted By Banks, Yen; All Eyes On The Bank Of England

In a mostly quiet session, European and Asian stocks rose, pushed higher by financial stocks and the USDJPY which initially dipped on some hawkish comments by BOJ deputy governor Iwata, only to rebound later in the session, lifting the Nikkei 1.1%, while the Stoxx 600 rose 0.4% led higher by the banking sector. S&P futures […]

Futures Halt Selloff, Levitate Higher On Another USDJPY Spike; Oil Rises

If yesterday’s selloff had a specific catalyst, namely some of the worst consumer retail earnings seen in years, it merely undid the Tuesday rally which levitated global risk with no fundamental driver, aside for a 200 pip spike in the USDJPY.  Some central bankers may even say it was a “magical” levitation. (Recall: A Central […]

Global Stocks Slide As Dollar Continues Rising: Has The “Pricing In” Of Trump Begun

While there was no unexpected overnight central bank announcement unlike yesterday’s surprise by the RBA which unleashed volatility havoc in the FX market, which promptly spilled over into all asset classes, overnight stocks around the world saw another leg lower without a tangible catalyst, while EM currencies fell to a one-month low after two Fed […]

Slew Of Negative News, Defaults And Failed Mergers Push Futures In The Green

It has been a busy weekend for mostly negative newsflow. It all started with China which on Saturday reported yet another disappointing PMI print of 50.1, which both missed expectations and declined from the previous month; then we got the latest Iraq oil output and exports number which rose yet again, pushing it further into […]