Silver as an investment

Category Archives: SNB

Bank Of America: “This Is The First Sign That A Bubble Has Arrived”

Lately, fund flow data has all the credibility of a NYT presidential poll two days before the Trump defeats Hillary.  On one hand, you have Lipper reporting that investors pulled $16.2bn from U.S.-based equity funds in the past week, the largest withdrawals since December 2016. The same Lipper also reported that taxable-bond mutual funds and […]

FX Weekly Preview: Looking For A Rise In Vol As The Fed Finally Makes Their Move – So We Can All Move On

Submitted by Rajan Dhall MSTA and Shant Movsesian from fxdailyterminal.com In the absence of key economic data, we tend to see heightened levels of containment in the FX markets, where the heavy presence of system (algo) traders require constant direction in order to drive price action one way or the other.  We have also been […]

Tech Stocks Accounted For 75% Of The Market’s October Return

For some context on the unprecedented dominance of the tech sector on the overall market, here is some perspective from BofA’s Savita Subramanian on October returns, when Tech continued to lead the other ten sectors, generating +7.8% on a total return basis. This translates into a whopping 75% of the S&P 500’s return last month! […]

One Trader Says “Don’t Fight The Fed…Or SWFs, Or SNB, Or Buybacks”

There is no end to the list of 'real world' problems underlying cuirrent equity market price levels and velocities (slumping 'hard' economic data, record high valuations, global thermonuclear war, Washington uncertainty, Fed balance sheet normalization to name a few). However, as former fund manager Richard Breslow points out, "equities continue to have friends in high […]

WTF Headline Of The Day: Fed “Reluctant” To Manipulate Stocks, Bullard Says

Speaking on Bloomberg Radio to Kathleen Hays this morning, outspoken St.Louis Fed chair James Bullard dropped two somewhat shocking reality-check tape-bombs… that we are sure will quickly be rescinded and translated for the hard-of-understanding… First, Bullard was aksed about concerns over a US economic recession. He began with the 'standard' response of any establishment type: […]

Fighting inflation with FX, a real traders market

(GLOBALINTELHUB.COM) Dover, DE — 7/18/2017 — Hidden in plain site, as the Trump administration finally released something of substance regarding the so called promised “Trade Negotiation” we see FX take center stage in the global drama unfolding.  As noted on a Zero Hedge article: The much anticipated document (press release and link to full document) released by […]

Global Stocks Slide On Trump Probe Report, Fed Indigestion

Is it going to be another May 17, when US stocks tumbled as concerns of a Trump impeachment over obstruction of justice and impeachment surged ahead of Comey’s tetimony? Overnight, S&P500 futures accelerated their decline following yesterday’s WaPo report that Special Counsel Mueller has launched a probe into potential obstruction of justice by Trump… … […]

The Five Largest Stocks Account For 42% Of The Nasdaq, And Why Goldman Clients Are Concerned

With the Nasdaq 100 index making new record highs on practically every day of 2017, and returning 32% during the past 12 months vs. “only” 19% for the S&P 500, Goldman’s clients are starting to  get concerned. And, as Goldman’s David Kostin writes in his latest weekly letter, increasingly nervous investors are asking “whether NDX […]

Bank Of Japan “Bought The Dip” Over Half The Time In The Last 4 Years

A year ago, we noted that The Bank of Japan (BoJ) was a Top 10 holder in 90% of Japanese stocks. In December, we showed that BoJ was the biggest buyer of Japanese stocks in 2016. And now, as The FT reports, the real "whale" of the Japanese markets is stepping up its buying (up […]

Rajan Warns “The Fundamental Problems Of The Financial Crisis Are Still With Us”

Authored by Christof Gisiger via Finanz Und Wirtschaft, Raghuram Rajan, Professor of Finance at the University of Chicago and former governor of the Reserve Bank of India, warns of more turmoil ahead if the developed world fails to adapt to the fundamental forces of global change. It is a pivotal moment on the eve of […]