Silver as an investment

Category Archives: Volatility

What Is The Market Telling Us?

Authored by Charles Hugh Smith via OfTwoMinds blog, The entire global economy now depends on this stripped-of-information "market" for its stability. Ho-hum, another day, another record high in the S&P 500 (SPX). What is this market telling us? If you're long, the market is screaming "you're a genius!": But other than that, what else is […]

SocGen: The Fed Is Raising Rates Too Slowly To Contain Asset Bubbles

Yesterday, when looking at the divergence between the slowing US economy and the Fed’s insistence on hiking rates, Bank of America’s David Woo asked if there is a different motive behind the Fed’s tightening intentions, namely is the Fed trying to pop the market asset bubble: “Can it be the case that its hawkishness was […]

“Mr. Carlson Said One Of His Clients Had 40% Of His Net Worth In Apple”

The WSJ has a good article explaining how schizophrenic the tech rally this year has been, with shares of giant tech firms “cropping up everywhere” in the universe of factor-based strats, even contradictory ones. Some examples: “Apple is in five low-volatility ETFs with a collective $14 billion and nine momentum ETFs with $17.7 billion, according […]

Goldman Warns Of Rising “Potential For Rate Shocks”

Just in case you are not sick of reading about record low volatility yet (yes, the WSJ had another piece on it this morning “Market Volatility Has Vanished Around the World“), here is Goldman’s Ian Wright pointing out that “central bank meetings didn’t jolt rate vol” (in case anyone didn’t notice), and is the latest […]

Welcome To The Valium Era

Authored by Bonner & Partners' Bill Bonner, annotated by Acting-Man's Pater Tenebrarum, Don’t Be Fooled by These Calm Markets What is happening in the world of money? Well – the most striking thing is: nothing. It doesn’t seem to matter what happens. Dysfunction in Washington. Meltdown of the techs. No matter how rough the seas get, […]

“FOMC Drift” In Full Effect As Global Stocks Rise; S&P Futures Hit New Record; Oil Slides

With last Friday’s “tech wreck” now a distant memory, this morning the “FOMC Drift” described yesterday, which “guarantees” higher stock prices and a lower dollar heading into the Fed announcement is in full effect, with European and Asian stocks rising for a second day, led by rebounding tech shares, while S&P futures are modestly in […]

“Fire” in the Bond Market – Fed Raising Rates and US Issuing Ultra Long Bonds – by Michael Carino

  The bond market is on fire and you are about to get burned!!!  Bond yields are lower and interest spreads as tight or tighter than that of the bond market crisis of 2008.  This will lead to a catastrophic financial train wreck that can happen at any moment.  Why do I feel like I’m […]

JPM Head Quant Warns Of “Catastrophic Losses” For Short Vol Strategies

It has been a while since we heard from JPM’s quant guru, Marko Kolanovic, who following the recent FANG crash and quant rotations and ahead of this Friday’s massive S&P op-ex, has published his latest latter, covering everything from the aforementioned market moves, to the ongoing drastic changes in the market structure, to the prevailing […]

BMO: The “Fantastic” Trend Finally Broke Down; Use “Panic Signalling” To Get Out

For the chartists out there, BMO’s technical guru Mark Steele has a few observations based on the recent move in the Growth/Value trend, and what to do expect going forward. First he notes, that as he said last week, “we’d keep an eye on the Largest 10 technology stocks, from our early June note (Leadership […]

The Anatomy of Brown’s Gold Bottom, Report 4 June, 2017

As most in the gold community know, the UK Chancellor of the Exchequer Gordon Brown announced on 7 May, 1999 that HM Treasury planned to sell gold. The dollar began to rise, from about 110mg gold to 120mg on 6 July, the day of the first sale. This translates into dollarish as: gold went down, […]