Silver as an investment

Tag Archives: goldman sachs

Trump To Address Nation Monday 9PM On “New Path Forward” In Afghanistan

With the anti-neocon Steve Bannon out, and nobody left in Trump’s inner circle to halt the simmering push for war in Aghanistan, North Korea, the Middle East and virtually everywhere else courtesy of Generals Kelly and McMaster, this morning Reuters reported, quoting Defense Secretary Mattis that Trump has a made a decision on the United […]

Mike Krieger Fumes Over Bannon Firing: “This Is Now The Goldman Sachs Presidency”

Authored by Mike Krieger via Liberty Blitzkrieg blog, The firing of Steve Bannon is in my opinion the most significant event to happen during the Trump administration thus far. Moreover, it will have massive reverberations across the U.S. political spectrum for years and years to come. I wasn’t planning on writing today, but this news […]

The Real Story Behind Goldman’s Q2 Trading Loss: How A $100M Gas Bet Went Awry

Goldman Sachs FICC-trading income was an unexpectedly ugly blemish on what was already a poor Q2 earnings report. And while the FDIC-backed hedge fund initially blamed the decline on lower trading revenues, lack of volatility and depressed client activity… … there was more to the story. The Wall Street Journal has uncovered what really happened: […]

The Dow Falls 274 Points As ‘Eclipse Fever’ Hits The Financial Markets

Have we now entered a time of major financial shaking?  On Thursday, the Dow Jones Industrial Average was down 274 points.  The was the largest decline for the Dow since May, and high yield bonds were down dramatically as well.  Many are blaming the terror attack in Barcelona and “instability in the White House” for […]

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 […]

The Stock Market Is Like Yellowstone: “It’s Beautiful, But It Has A Volcano Underneath It”

Authored by Mac Slavo via SHTFplan.com, Anyone putting money in the stock market at this point should have their head examined. The fact that the stock market had reached a record high for the ninth day in a row should be enough for any rational person to see that we’re in a bubble of massive […]

The Dow Closes At A Record High For The 9th Straight Time But Experts Warn That A Stock Market Crash Could Be Imminent

The bigger they come, the harder they fall.  On Monday, the Dow Jones Industrial Average closed at a record high for the ninth straight session.  It has been a remarkable run, but many experts are pointing out that big trouble is brewing under the surface.  As you will see below, 79 components of the S&P […]

Frontrunning: August 7

Futures slightly higher after Dow’s record run (Reuters) Tillerson says U.S., Russia can settle differences (Reuters) Hot-Stock Rally Tests the Patience of Value Investors (WSJ) ‘Good Conservative’ Grassley Ramps Up His Panel’s Trump-Russia Probe (BBG) Brands Strike Back: Seven Strategies to Loosen Amazon’s Grip (WSJ) Oil slides from nine-week highs as market looks to OPEC […]

July Payrolls Preview: Smooth Sailing But Watch Out For Cars

At 8:30am on Friday, the BLS is expected to announce that in July the US created 180K jobs, down from 222K in June though still in line with the 6-month average of 180K, with the biggest downside risk a slowdown in durable manufacturing payrolls as auto production slumped. Sellside expectations: UBS: 175K Barclays: 175K HSBC: […]

How Banks Hurt The Real Economy – FDIC’s Hoenig To Senate

Authored by Wolf Richter via WolfStreet.com,  "The real economy has little to gain, and much to lose.” When tighter regulations were imposed on the banks after the Financial Crisis, the largest among them, the very ones that threatened to bring down the financial system, began squealing. Those voices are now being heard by Congress, which […]