Venezuela Bonds Tumble On Report U.S. To Ban Trading
• zerohedge.com by Tyler DurdenVenezuela bonds are tumbling after the WSJ reported that the US government was considering a ban on trading in the country's debt.
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Venezuela bonds are tumbling after the WSJ reported that the US government was considering a ban on trading in the country's debt.
We'll preface this post by saying we have never heard of the Alternative Money Fund -
Axiom Stumbles On The Reason Behind The Explosive Industrial Metals Surge
Ron Paul's sell-off prediction just got more severe.
It's been almost a decade since the last Federal Reserve financial crisis. They thought that unprecedented money printing (by the trillions) would fix things. It only made things much worse, promising an even bigger financial crisis to come. Ron Paul
Bitcoin Cash soared overnight, spiking as high as $569 (from below $300) as renewed uncertainty around Bitcoin re-forking, reports that the first 8mb block has been mined, and fears over further crackdowns in China...
Bitcoin Cash soared overnight, spiking as high as $569 (from below $300) as renewed uncertainty around Bitcoin re-forking, reports that the first 8mb block has been mined, and fears over further crackdowns in China...
For the first time since early June, Gold has just broken back above $1300, continuing to mirror the ebbs and flows of USDJPY (which just snapped below 109.00).
Before yesterday's brief curfuffle, markets remained entirely care-free; climbing walls of worry, shrugging off every and any potential pitfall (from the collapse of American retail to global armaggedon) as new high after new high, on an ever-decreas
Money managers who've watched the surge in corporate profits take U.S. equities to records are starting to fret about earnings growth, and that's an "ominous" sign, Bank of America says.
In a mirror image of yesterday's ugly, tailing 10Y auction, moments ago the Treasury sold the last batch of paper for this week, when it auctioned off $15 billion in 30Y bonds, in a strong sale which printed at 2.818%, stopping through the
The brief respite bounce after Europe closed has failed and US equity markets are tumbling once again.
The S&P 500 moved by a mere 0.16% yesterday, making it 13 straight days in which the principal stock market average has changed by less than 0.3%. We mention that because it turns out that 13 straight days of virtual flat has never occurred before in
Hypes N. Korea War...Feckless boasts of military might and icy vows to annihilate one another might not necessarily prove war between the U.S., North Korea, and their allies is nigh, but the monumental increase in stocks of weapons and defense manufa
One of the recurring themes of broad market complacency has been traders' unwillingness to price in, or even react, to surging geopolitical risk. This morning, Goldman picks up on this conundrum, with a note by Charles Himmelberg in which Goldman's c
The Dow Closes At A Record High For The 9th Straight Time But Experts Warn That A Stock Market Crash Could Be Imminent
We have previously shown the chart below on countless occasions, so we are content to see that increasingly more banks are showcasing it as the biggest potential threat to the future of the market's artificial levitation. Here is BofA's Martin Mauro
Because nothing says 'panic-buy' stocks like the worst Chinese trade data of the year.
... Correction Is Inevitable"
... Correction Is Inevitable"
Former Federal Reserve Chairman Alan Greenspan issued a bold warning Friday that the bond market is on the cusp of a collapse that also will threaten stock prices.
Stock investors are rejoicing about stock markets making new highs in many countries, totally oblivious of the risks or the reasons. It seems that this is an unstoppable rally in a "new normal" market paradigm. No major increase is expected in th
Overall box office revenue is down 2% compared with the same 7-month time frame last year
Having 'predictweeted' Dow 22k yesterday, Apple's 6% surge (after missing iphone sales estimates) has confirmed President Trump's forecast and crossed the Dow Maginot Line for the first time... as Trannies diverge drastically (testing the 200DMA).
Day after day... another sabre rattled somewhere in the world, another policy-reform hype-destroying debacle in Washington, or another slump in 'hard' economic reality data... and another record high for stocks.
Having dismissed the "big, fat, ugly bubble" during his campaign, President Trump seems more than willing - in his apparently desperate search for a win - to embrace the bubble now. Continuing the trend over the weekend, Trump's first tweet of the mo
The Dow hit another record high and closed in on 22,000 The Dow, along with the Nasdaq and the S&P, posted strong monthly gains in July as corporate quarterly results have mostly topped expectations
"Here are today's top stories on Bloomberg"
•Caterpillar and McDonald's posted bottom line results that topped estimates, sending its shares higher.
If you study these charts closely, you can only conclude that the US economy is doomed to secular stagnation and never-ending recession.