Silver as an investment

Category Archives: Merrill

Exactly How Many Warnings Do You Need?

Authored by Lance Roberts via RealInvestmentAdvice.com, When I was growing up my father, probably much like yours, had pearls of wisdom that he would drop along the way. It wasn’t until much later in life that I learned that such knowledge did not come from books, but through experience. One of my favorite pieces of […]

Government By Goldman

Authored by Gary Rivlin and Michael Hudson via The Intercept, in partnership with The Investigative Fund, Steve Bannon was in the room the day Donald Trump first fell for Gary Cohn. So were Reince Priebus, Jared Kushner, and Trump’s pick for secretary of Treasury, Steve Mnuchin. It was the end of November, three weeks after Trump’s […]

Are You Prepared For These Potentially Disruptive Economic Storms?

Authored by Frank Holmes via StockBoardAsset.com, Summary Are government inflation numbers more “fake news”? A falling dollar is good for U.S. trade. Are you ready for a big fight? Here in San Antonio, grocery stores were packed with families stocking up on water and canned food in preparation for Hurricane Harvey, which has devastated Houston […]

Carmageddon Continues – Dealers “Wildly Overweight” SUVs As Sales Slow

Authored by Mike Shedlock via MishTalk.com, The auto boom, one of the key components propping up consumer spending, has come to an end. Dealers are wildly overweight SUVs just as the market turned. As auto-industry growth stalls and family sedans go the way of the flip phone, one silver lining had been the trusty “crossover” […]

The Secret History Of The Banking Crisis

Authored by Adam Tooze via ProspectMagazine.co.uk, Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? It is a decade since the first tremors of what would become the Great Financial Crisis began to […]

David Rosenberg: “This Is The Single Most Important Thing For The Market Over The Next Decade”

Several years ago, Gluskin Sheff’s superstar economist (previously at Merrill), David Rosenberg (in)famously flipped from bear to bull, predicting what amounts to a victory for the Fed: a jump in (wage) inflation, a burst in economic growth, and an overall selloff in that most deflation-dependent asset, the US Treasury. None of those happened, and while […]

“ECB Or Not To Be”: A Preview Of What Mario Draghi Will Say

Looking at today’s main event, the much anticipated ECB announcement in which Draghi may (or may not) announce a hawkish shift to the cental bank’s policies and/or reveal the bank’s tapering plans, Citi (whose titled we borrowed) gives the 30 second summary, and says that the market seems quite split on whether the ECB will […]

The Only Thing That Matters For Bond Traders, In One Chart

Inflation outlook, rate differentials, projected growth, positioning, quants… there are countless explanations provided daily to explain why bonds trade the way they do. And yet, as Bank of America shows today, as of this moment just over 50% of the global bond market returns can be explained with just one thing: central bank balance sheet […]

Warren Buffett May Soon Be The Largest Shareholder In A 2nd US Megabank

Remember when Warren Buffett anecdotally "took a bath" when he decided to effectively rescue Bank of America with a $5 bilion equity injection in 2011? He may be due for another bath any minute. Warren Buffett, already the largest shareholder in recently disgraced Wells Fargo, could soon become the largest shareholder in another US megabank […]

Clinton Faces Loss Of Security Clearance After State Begins Probing Her Mishandling Of Classified Intel

The State Department confirmed months of speculation on Tuesday when it leaked to Fox News that it had opened a formal inquiry into Hillary Clinton’s alleged mishandling of classified information on her private email server. Clinton, who has repeatedly blamed the FBI’s handling of the inquiry for her embarrassing defeat in November, is now facing […]