zerohedge

Whereas many Wall Street strategists enjoy simplifying their stream of consciousness when conveying their thoughts to their increasingly ADHD-afflicted audience, the same can not be said for Deutsche Bank’s Aleksandar Kocic, who has a troubling habit of requiring a background and competency in grad level post-modernist literature as a prerequisite for his articles among the […]

Authored by Jeffrey Snider via Alhambra Investment Partners, The timing just never seems to fall in our favor. If we had had this conversation ten years ago as would have been appropriate, then this evolution might have fell perfectly in our collective laps. Just as the global financial system, really the international, interbank monetary system […]

With voting set to get underway in the controversial Alabama Senate race in about 24 hours, the latest Fox News Poll of likely voters shows a commanding 10-point lead for Democrat Doug Jones.  The poll was conducted among likely Alabama voters on Thursday through Sunday using traditional polling techniques, including a list-based probability sample with […]

Authored by Mac Slavo via SHTFplan.com, If the price action in crypto currencies over the last several months has proven anything, it’s that the blockchain has gone fully mainstream with global investors, major financial institutions and governments showing significant interest in the space. While a number of blockchain projects are moving onto the stage, the primary focus for […]Read More

Ever since it was signed into law in 2010, defenders of Obamacare have dismissed staggering surges in annual premiums by highlighting only the rates paid by those fortunate enough to receive subsidies.  In fact, last year we wrote about Marjorie Connolly’s, from Obama’s Department of Health and Human Services, response to the Tennessee insurance commissioner’s […]Read More

Long-end bond yields are lower and the front-end higher once again this morning as the US Treasury yield curve continues to confound by flattening. Bloomberg macro strategist Mark Cudmore suspects there is more to come… for one simple reason, so often overlooked… Via Bloomberg, Cheaper eats are great, but maybe not if you’re one of […]

House Republicans successfully managed to kick the can down the road (if only for two weeks) when they managed to pass a two-week extension last week of the continuing resolution that had been funding the government since September. But after overcoming obstacles created by Democrats and conservative Republicans – with each camp pushing for priorities […]

This week Doug Noland joins the podcast to discuss what he refers to as the “granddaddy of all bubbles”. Noland, a 30-year market analyst and specialist in credit cycles, currently works at McAlvany Wealth Management and is well known for his prior 16-year stint helping manage the Prudent Bear Fund. He certainly shares our views that […]

Hundreds of protesters in Lebanon faced off with security forces outside the US Embassy in Beirut on Sunday over President Trump’s decision to recognize Jerusalem as the capital of Israel.  Protesters near the U.S. embassy in Awkar, in Beirut, Lebanon December 10, 2017. Protesters waving Palestinian flags threw projectiles, smoke grenades, set fires in the […]

In mid-November, just days after Barclays released its 2018 equity outlook with the title “Rational Exuberance”… … Goldman’s David Kostin decided that imitation was the sincerest form of unveiling a non-contrarian year-end forecast, and in presenting his revised S&P price target for 2018 of 2,850 – which accounts for GOP tax reform – “borrowed” the […]Read More

After decades of waste, overpayments, trillions of missing or improperly accounted for dollars, and most recently losing track of 44,000 US soldiers, the Pentagon is about to undergo its first audit in history conducted by 2,400 auditors from independent public accounting firms to conduct reviews across the Army, Navy, Air Force and more – followed by […]

In a merciful transition from Wall Street’s endless daily discussions and more often than not- monologues – of why vol is record low, and why a financial cataclysm will ensue once vol finally surges, lately the main topic preoccupying financial strategists has been the yield curve’s ongoing collapse – with the 2s10s sliding and trading […]