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.
The world has been stunned over the past few days by the advent of "Ransomware;" the use of sophisticated cyber attacks on vital systems in order to (supposedly) extort capital from target businesses and institutions.
This urgent, 35-minute presentation from Mike Maloney is a must watch. You'll see overwhelming evidence that stocks, bonds, and real estate could be in biggest bubbles of all time.
With oil prices spiking nearly 10% from last Friday's sudden, capitulation "flash crash" which was perhaps driven by Pierre Andurand liquidating his entire long book, there has been a scramble by analysts to "fit" the narrative to the price action an
The Greek stock market is up 12 days in a row - the longest streak since 1999 - with its 25% gains amon the world's best in 2017 following the bailout decision
Earlier in the week we shared Pierre Andurand's hedge fund note blame-casting his fund's dismal drawdowns on "CTA flows eclipsing the gradual improvement in fundamentals."
For the first time since mid-March, Brent Crude prices tumbled below $50 after Russia said no decision had been made yet on extending the oil output cut production deal. This came after the 11th weekly rise in US crude production and concerns from JB
Nearly five years ago, when looking at the cash and cash equivalents of Apple, which at the time was a far more "modest" $121 billion in gross cash (and virtually no debt at the time), we noted that Tim Cook's company was "the world's biggest hedge f
With the Fed set to begin its latest 2-day meeting (no rate hike is expected), S&P futures are little changed with European and Asian stocks higher after the VIX dropped to a 10 year low and the Nasdaq rose to record highs, sending the MSCI All-Count
Oil is headed for its biggest weekly loss since early March as signs that OPEC will continue with output reductions are offset by growing U.S. production and inventory gluts.
Over the last several weeks, two years after Howard Marks first brought attention to the topic with a letter in which he asked "What Would Happen If ETF Holders Sold All At Once?"