Category Archives: short
There are only two other times in history when stocks were more expensive than today
We are having a hard time finding high-quality companies at attractive valuations. For us, this is not an academic frustration. We are constantly looking for new stocks by running stock screens, endlessly reading (blogs, research, magazines, newspapers), looking at holdings of investors we respect, talking to our large network of professional investors, attending conferences, scouring […]
Why Carson Block Sees “Real Problems With Canada”
Less than a week after declaring that China’s economy is headed for an economic “day of reckoning” thanks to its twin asset bubbles (real estate and equity), short-seller Carson Block said he’s starting to believe there are “real problems with Canada” – particularly the country’s dangerously overvalued housing market. Block discussed Canada's housing market with […]
Seth Klarman On ‘Trumptopia’: “Investors Are Being Too Trusting”
Via RealInvestmentAdvice.com, Baupost Group’s Seth Klarman laid out his concerns with the market in a recent client letter… “Risk, Klarman wrote, is the most important consideration when investing, and investors are being too trusting. When share prices are low, as they were in the fall of 2008 into early 2009, actual risk is usually […]
Fed Fail? Traders Cut Rate-Hike Bets By The Most In History Last Week
The last two weeks have seen speculators cover over $710 billion worth of Fed rate-hike bets – the biggest move in Eurodollar futures history as Trump concerns and Fed Minutes reignite lost faith in the ebullient future that sparked the creation of a record $3 trillion bet that The Fed will be right this time. […]
Bill Blain: “Maybe It’s Time To Quietly Exit”
By Bill Blain of Mint Partners Blain’s Morning Porridge – May 15th 2017 “In yacht racing, there is no second.” Ah the joy of a new week! What’s on the recipe today then? My colleague Simon Denehy started the day by pointing out UK 2-year gilts yield 0.12% – (his description of that number was […]
Bond Bears Battered By The Biggest Short Squeeze In History
In the week when it was confirmed that Q1 was the weakest economic growth for a rate hike period since 1980… Bond bears have never puked so much in such a short period of time as the $25 billion plus short-cover in 10Y Treasury bond futures in the last week. In fact the […]
Russian Oligarch Suffers 50% Loss On Singapore Real Estate Sale
While the Canadian housing bubble – driven by Chinese hot money – continues to grow (although its latest near-death experience courtesy of Home (Lack of) Capital Group may have finally pierced a stake through its heart), housing markets elsewhere are suffering from some serious wobbles. Take Singapore, for example, where recently a 4,069 sq ft […]
Shorts Smoked – Stocks End ‘High’ As Dollar Dumps’n’Pumps
Despite tumbling soft data and disappointing earnings data… Stocks soared most in 6 weeks… Another day, another one-way trip in stocks. VIX clubbed to a 13 handle again stocks soar… Trannies and Small Caps once again led the day (short squeeze) and S&P lagged but everything was awesomely green again… Another big […]
9 Charts Showing Market Bears Are Waking Up
Just when you thought it was safe to stride safely through the forest of stock market investing (hey – banks, Trump, hope, reform, stimulus, earnings, and Trump again); the bears are coming out of hibernation… The calm in stocks worldwide is giving way to concern, as Bloomberg reports investors in Europe and the U.S. are […]
Twitter Co-Founder Explains Why He Is Liquidating A Minority Of His TWTR Shares
Moments ago Twitter shares slumped, then rebounded… … after Ev Williams, co-founder of Twitter, published an article on Medium in which he explained why he – along with apparently everyone else these days – is "selling some twitter shares" As he explains… "After a year and a half of no selling, I have filed a […]