Category Archives: Market Conditions

David Stockman Lashes Out At Mainstream Media’s “Peak Fantasy Time”

By silveristhenew | Published December 9, 2017

Authored by David Stockman via Contra Corner blog, If you want to know why both Wall Street and Washington are so delusional about America's baleful economic predicament, just consider this morsel from yesterday's Wall Street Journal on the purportedly awesome November jobs report. Wages rose just 2.5% from a year earlier in November – near the same lackluster […]

Also posted in BLS, business, Causes of unemployment in the United States, consumer Price Index, CPI, Economy, Economy of the United States, inflation, Labor, macroeconomics, minimum wage, None, Real estate, Recession, recovery, social justice, Unemployment in the United States, US Federal Reserve, Wall Street Journal | Tagged Unemployment | Comments Off

World’s Third Largest Shipbuilder Crashes 29% Amid Asian Equity Carnage

By silveristhenew | Published December 6, 2017

Shares in Samsung Heavy, the world’s third largest shipbuilder, plunged by 29% during Wednesday’s trading session after unexpectedly forecasting operating losses this year and 2018 and announcing a capital raise. Meanwhile, Asian equities tumbled, led by technology, mining and industrial companies, with the MSCI Asia Pacific Index falling for eight straight days, its longest run […]

Also posted in Bloomberg L.P., business, Chaebol, China, Citigroup, Daewoo, Economy, Economy of South Korea, finance, Financial crisis of 2007–2008, Hang Seng 40, Hang Seng Index, Hong Kong, investment banks, Korea Securities Depository, Kospi, MSCI Asia Pacific, National Team, People's Bank Of China, Primary Dealers, ratings, recovery, Samsung, SSE 50, Subprime mortgage crisis, UBS, Yuan | Tagged north korea | Comments Off

Watch Live: Janet Yellen Makes Final Appearance Before Congress

By silveristhenew | Published November 29, 2017

With only three weeks left until her final meeting as chairwoman of the FOMC, Fed Chairwoman Janet Yellen today will make what's expected to be her final appearance before Congress when she delivers testimony to the Joint Economic Committee. The Fed was already widely expected to raise interest rates next month, but in case there […]

Also posted in business, Capital Formation, congress, Economy, Federal funds rate, Federal Open Market Committee, Federal Reserve System, Full Employment, Gross Domestic Product, inflation, Janet Yellen, Joint Economic Committee, Macroeconomic policy, macroeconomics, Monetary Policy, money, Personal Consumption, Public finance, Recession, Testimony, US Federal Reserve, Volatility | Tagged Global Economy, Unemployment | Comments Off

1MDB Scandal Resurfaces As Singapore Cops Investigate Goldman’s Lucrative Bond Issues

By silveristhenew | Published November 3, 2017

We have another instalment in the investigation into the mind-boggling level of corruption at 1MDB, (1Malaysia Development Berhad), the Malaysian state-owned investment fund. Members of the Singapore police’s economic crime unit have interviewed current and former Goldman employees with respect to the 1MDB bond offerings arranged by the bank. By way of a recap into […]

Also posted in 1Malaysia Development Berhad, 1Malaysia Development Berhad scandal, Abu Dhabi, Abu Dhabi government, Bond, business, Copper, Corruption, Department of Justice, Economy, finance, goldman, Jho Low, Malaysia, money, Najib Razak, Singapore police, Southeast Asia, Subprime mortgage crisis, UBS | Tagged goldman sachs | Comments Off

Payrolls Preview: Here Comes The Post-Hurricane Surge

By silveristhenew | Published November 2, 2017

Submitted by RanSquawk The BLS will release the October Employment Report at 08:30am ET on Friday, November 3. The Street is looking for a veritable surge in hiring following the hurricane-related disruption last month sent monthly payrolls to the first negative print in 7 years. Analysts also expect wage growth to continue rising: Median forecasts […]

Also posted in "Jobless Claims", Barclays, BLS, business, CPI, Deutsche Bank, Economy, Economy of the United States, flash, Florida, Initial Jobless Claims, ISM, Labor, macroeconomics, Markit, nonfarm payrolls, Payroll, RANSquawk, Recession, SocGen | Tagged Unemployment | Comments Off

Deutsche Bank Trading Revenue Plunges 30% As CEO’s Time Running Out

By silveristhenew | Published October 26, 2017

Deutsche Bank’s Q3 2017 revenues were €6.78 billion, below market expectations of €6.88 billion. The share price fell 2.7% shortly after the European market open. The problem – like the previous quarter – was a bigger-than-expected drop in trading revenues. Trading revenue was down 30% year-on-year to €1.512 billion versus €2.162 billion in Q2 2017. […]

Also posted in Bloomberg L.P., business, Deutsche Bank, finance, financial services, fixed, Germany, International finance, investment banking, investment banks, Market Share, money, Morgan Stanley, NonCore Operating Unit, Primary Dealers, recovery, Subprime mortgage crisis, UBS, Volatility | Comments Off

Liquidity Provider Signals Collapse In Global ETF Trading

By silveristhenew | Published October 24, 2017

Trading in low cost, passive investment products might be more vulnerable than some thought. Global ETF trading collapsed by 14% in Q3 2017 versus Q2 2017 – and was described as “unusually slow”. Global ETF trading in September 2017 was 24% lower than the same month a year ago. For those unfamiliar, Flow Traders NV […]

Also posted in Boost ETP, business, Economy, Euronext, Exchange Traded Funds, finance, financial markets, Market Share, money, Morgan Stanley, Netherlands, NYSE Euronext, proprietary trading, Renaissance, Romania, Source UK Services | Comments Off

Advice from the trader who made $1+ billion in 1929…

By silveristhenew | Published September 26, 2017

Via Soveriegnman.com [Editor’s note: This letter was co-written with Tim Price, co-founder of the VT Price Value portfolio and editor of Price Value International.] In the late spring of 1720, Sir Isaac Newton decided to sell his stocks. Newton had been an investor in the South Sea Company, a famous enterprise which effectively commanded a […]

Also posted in business, Eclectica, Great Depression, Hugh Hendry, Livermore, Mathematical finance, Price, Private Equity, Stock Market | Comments Off

Buffett Sees Market Crash Coming: His Cash Speaks Louder Than Words

By silveristhenew | Published August 21, 2017

Buffett Sees Market Crash Coming: His Cash Speaks Louder Than Words The Sage of Omaha’s adage is “it’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” Editor: Mark O’Byrne But for Warren Buffett the current environment doesn’t appear to be offering up any wonderful companies […]

Also posted in Berkshire Hathaway, Bond, Bridgewater, business, Charlie Munger, Dubai, Economy, finance, Foundation For Modern Astronomy, Gold As An Investment, Gundlach, Howard Buffett, Howard Marks, Jim Rickards, Market Crash, money, None, Oaktree, Precious Metals, Price/Earnings Ratio, Reuters, S&P 500, Sovereigns, Stagflation, Stock Market, Strategic Intelligence, Switzerland, valuation, Value Investing, Warren Buffett | Tagged investment | Comments Off

Hertz – The Final Nail In The Coffin

By silveristhenew | Published August 13, 2017

Authored by Daniel Ruiz via Blinders Off blog, As a disciplinarian in the automotive sector, my focal point is concentrated on the study of used vehicle values and how they affect the automotive industry as a whole. Measure the Cause to Predict the Effect There are several subcategories that help predict the trajectory of used […]

Also posted in accounting, business, Business economics, Car Allowance Rebate System, Car classifications, Cash For Clunkers, Corporate taxation, depreciation, Economy, ETC, Hertz, Luxury vehicle, New York Times, Sport utility vehicle, The Hertz Corporation, transport, US government | Comments Off