• World Alternative Media -Tim Picciott-John Sneisen
Tim Picciott of The Liberty Advisor and John Sneisen of The Economic Truth join each other once again for the third episode of their show on global finance as markets heat up and debt floods countries throughout the world.
Stocks are down more so in the past week than they have been in years while fears over the coronavirus have pushed the Dow Jones Industrial Average below 27,000 for the first time since October, meanwhile gold is trading at all time highs with many i
Friday's market performance has traditionally been the weakest, even during the meltup phase ahead of the recent coronacrash, and as such it will probably not come as a surprise that today's overnight rout which followed the biggest 6-day correction
The market is now demanding almost 4 rate-cuts this year - a stunning example of the desperation for monetary policy mavens to save the world through easy money... and maintain the 'buy the dip' strategy that a generation of money managers has become
With stocks crashing, yields plunging, supply-chains fraying, China's economy freezing, junk bonds tumbling, credit and equity markets grinding to a halt, and the global economy on the verge of a crisis the likes of which it has not seen since Lehman
Equity prices have continued to make their way lower. Analysts warn that they could have further to go. Yet, listening to traders talk, the preponderance of them are looking for places to buy.
It is that rarest of occasions. Not a global pandemic, because: 1) we still aren't in one yet, officially; and 2) we have had that pandemic declaration made in the relatively recent past (2009-10). Rather, we are being told by well-known voices on
VIX has exploded above 32 for the first time since the Dec 2018 collapse and all the US major equity indices are crashing to critical technical thresholds...
With the Dow Jones entering a correction just 6 trading days after it hit an all time high, the market which has no idea how to trade in a down tape, is freaking out and predictably has spawned a rumor that an emergency rate cut is imminent, a rumor
Monday's 1,000 point bloodbath was followed by Tuesday's 879 point rout, lobbing 8% off total market value in less than 48 hours. The two-day drubbing has left traders and fund managers in a state of shock.
Back in 2013, JPMorgan's billionaire CEO reminded the general public why it hates bankers so much when in response to a simple question from bank analyst Mike Mayo, he answered "that's why I'm richer than you."
Monday's 1,000 point bloodbath was followed by Tuesday's 879 point rout, lobbing 8% off total market value in less than 48 hours. The two-day drubbing has left traders and fund managers in a state of shock.
Having already urged the American public to 'buy the dip', just before another 900 point drop in the Dow, President Trump has decided to take matters into his own hands ?" the only way he knows how.
Stocks fell sharply on Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading.