Fake Markets and Return of the "Plunge Protection Team"
• http://news.goldseek.com By Clint SiegnerIt's amazing what passes as a market these days.
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It's amazing what passes as a market these days.
Update: and there it is - at precisely 2:39pm, a TICK print of 1775 was registered, signifying the biggest buy program of all time.
One week ago, when we first previewed this week's infamous $60 billion pension fund rebalancing out of equities and into bonds which resulted in historic market gyrations, and a violent snapback in the S&P from what was shaping up to be the worst Dec
One of the closest correlations between major asset classes has been that between stocks and bonds.
The day after The Dow soars by the most points in history, and on the biggest reversal day in stocks since 2010, Michael Snyder provides a little context for what is really occurring...
The day after The Dow soars by the most points in history, and on the biggest reversal day in stocks since 2010, Michael Snyder provides a little context for what is really occurring...
Japanese stocks plunged Tuesday and other Asian markets declined following heavy Wall Street losses triggered by Trump's attack on the US central bank and political chaos in Washington.
The president's Working Group on Financial Markets is known colloquially as the "Plunge Protection Team."
If he thought it would inspire confidence in the markets, his bizarre announcement did just the opposite.
Santa is a no-show? S&P 500, Dow, Nasdaq all plunge ahead of holiday market closure
Wall Street - Hindsight will best explain what only guesswork can do now. US equity market action in December has been uncharacteristically ugly for this time of year - the worst performance since December 1931 during the Great Depression.
Blockchain technology was one of this year's hottest buzzwords among stock market investors. Early in 2019, that technology could begin to reshape the stock market itself.
To those traders who are watching today's modest rebound in stocks - after a recent historic rout which saw the S&P suffer its worst December rout since the Great Depression - with excess skepticism and are unable to muster the confidence to pull the
IceCap Asset Management: An Entire Generation Of Investment Professionals Has No Idea What's Coming
One week ago we noted that ominously the junk bond market appeared to have frozen without a single high yield bond pricing in the month of December, the first such occurrence since 2008.
CNN's Fear & Greed Index just hit 5... an all-time record low (most extreme fear)... And the following provides a simple analogy for what happens when one market snaps...
Authored by David B. Collum, Betty R. Miller Professor of Chemistry and Chemical Biology - Cornell University (Email: dbc6@cornell.edu, Twitter: @DavidBCollum), "Dave: You are roundly tolerated." ~Danielle Dimartino Booth, former Fed
With stocks resuming their plunge, an old market bogeyman has emerged - the same one which Bill Blain said earlier scares him the most, namely the lack of liquidity.
High yield bond prices are collapsing, but it is clear that liquidity has evaporated as traders have sent high yield bond ETFs (more liquid) dramatically below its fair-value as they seek hedges ahead of their liquidation needs.
The market did not seem to like statements Jerome Powel made following the FOMC announcement. Head Scratching
There are lots of theories as to why the stock market is selling off so hard. I have my views, but to a large extent, opinions don't mean much in this environment. It's like when your grandma tells you she was once quite a dish. Sure, it might be
With the panic selling in equities increasingly spreading to credit, yesterday saw at least one investor dump their holdings in not one but both of the biggest junk bond ETFs with little consideration for price in what amounted to a liquidation fires
Two months ago we first showed what Deutsche Bank dubbed "a quite fascinating statistic" namely that as of the end of October, 89% of assets that the German bank collects data on for its annual long-term study, had a negative total return year to dat
U.S. stocks sank Wednesday in a wild session after the Federal Reserve raised its benchmark overnight lending rate for the fourth time this year.
The Federal Reserve has decided not to come to the rescue this time. All of the economic numbers tell us that the economy is slowing down, and on Wednesday Fed Chair Jerome Powell even admitted that economic conditions are "softening", but the F
Justin's note: Today, we turn to master trader Jeff Clark, who explains how to take advantage of the current market environment. As you'll see, things are out of whack right now in the short term – but you can use this window as a huge profit o
Josh Sigurdson talks with author and economic analyst John Sneisen about the very real potential of a stock market crash in 2019 as many economists believe we have entered a bear market. For many years we have just avoided the inevitable. Massive lev
Is the longest bull market in history officially over?
112 SHARES Twitter Facebook Reddit Email Print So much has changed in the past year (at least according to respondents in Bank of America's latest Fund Manager Survey). This time in December 2017, FMS investors were super bullish and long
For The First Month Since 2008, Not A Single Junk Bond Prices