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Elon Musk's promise to ramp up Tesla Model 3 production to 5,000 cars a week by the end of June - a promise he made at Tesla shareholders at the company's annual meeting earlier this month - is clearly weighing on the CEO.
Blaise Pascal, a brilliant 17th-century mathematician, famously argued that if God exists, belief would lead to infinite joy in heaven, while disbelief would lead to infinite damnation in hell.
Stocks are higher... so the economy must be doing great and Trump must be awesome and trade wars don't matter, right?
The "most important week of the year" started off with a session that has been a study in contrasts, with risk-off trades emerging early on in Asian trading, as Asian markets and US futures slipped pressured by the higher Yen in the aftermath of this
David Stockman is not backing away from his ultimate bearish position, warning viewers of CNBC that "there are some huge surprises lurking out there" because "we've had eight years of monetary expansion that is just off the charts of history."
Will Oil Shock Trigger The Next Recession?
Morgan Stanley's Andrew Sheets' - London-based head of cross-asset strategy - comments that "we're heading into a summer that is going to remain volatile," warning that:
"Half My Losses Will Be Made Up Today"
Amid Crippling Nationwide Strike, Sending Stock, Real Tumbling
If Italy is "fixed," then why is this happening?
Back in September 2016, when its stock was imploding over capitalization and solvency concerns, the market was transfixed with the daily drop in Deutsche Bank stock price, which tumbled, eventually sliding below €10, and only implicit promises that
With the markets closed for Memorial Day yesterday, our analysis remains.
One quarter after banks enjoyed a record boost to their equity/derivative trading revenue from the February 5 "volocaust", things are looking far more grim for Q2. Consider that one year after on May 31, 2017 JPM made the following warning:
Commenting on today's sheer market chaos as the US and UK return from holiday, Bloomberg writes that "fixed-income markets have descended into panic amid mounting concern....
Commenting on today's sheer market chaos as the US and UK return from holiday, Bloomberg writes that "fixed-income markets have descended into panic amid mounting concern....
Commenting on today's sheer market chaos as the US and UK return from holiday, Bloomberg writes that "fixed-income markets have descended into panic amid mounting concern....
A surging dollar and a capital flight from emerging markets may lead to another "major" financial crisis, investor George Soros said, warning the European Union that it's facing an imminent existential threat.
One quarter after banks enjoyed a record boost to their equity/derivative trading revenue from the February 5 "volocaust", things are looking far more grim for Q2. Consider that one year after on May 31, 2017 JPM made the following warning:
A crash is coming, and it may be terrific... The vicious circle will get in full swing and the result will be a serious business depression. There may be a stampede for selling which will exceed anything that the Stock Exchange has ever witnessed…
Three days ago, Bank of America's Chief Investment Officer, Michael Hartnett, published not one but 15 answers to the one question most investors are asking:
While stocks are bid off earlier lows, US Treasury bond yields are plunging this morning, extending the week's collapse and perhaps signaling the record short speculative positioning is starting to unwind...
Italian, Spanish Bonds Crash Amid Political Chaos
QEasy Street is over... that's the message from former fund manager Richard Breslow, but traders are yet to admit this new reality to themselves.
As retail sales data printed, 10Y treasury yields spiked to their highest since 2014 (3.0465%) which seemed to spark a notable drop in US equity futures ahead of the open...
While Tesla's stock price is modestly higher this morning, seemingly glued to the $300-ish level, the car-maker's bonds are leaking lower in price as Elon Musk told employees in a memo that he has been undertaking "a thorough reorganization of our co
Opening $9 Trillion Market For Mass Adoption
Update: While stocks initially dipped on the speech, it soon became clear to the machines and the manipulators that, perhaps, there was not much there, there... and all aspects of healthcare soared...
Market Liquidity in the face of a Tsunami of Evolutionary Creative Destruction "The information's unavailable to the mortal man. We work our jobs, collect our pay, believe we're gliding down the highway…."
According to a report by the New York Times, the world's biggest stock exchange New York Stock Exchange (NYSE) is planning to operate a proper cryptocurrency trading platform.
U.S. stocks were mixed after President Donald Trump's decision to scrap a nuclear deal with Iran sparked concern it could increase geopolitical tensions. The dollar rose and Treasury yields pushed higher.
