Tesla Inc. displaced Toyota Motor Corp. as the world's most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that's relied on internal combustion engines for more than 130 years.
Fed Minutes TL;DR: things can get better, or worse. We have no idea what happens next but everyone agreed we should sound confident and give "forward guidance" as if we know what is coming. Also, we will buy stocks and equity ETFs after the next 20%
The pendulum swung to an extreme of globalization, financialization, centralization and monopoly, all of which created extreme systemic fragility.
The imposition of the nationwide lockdowns required elite consensus. There's no way that a project of that magnitude could have been carried out absent the nearly universal support of establishment elites and their lackeys in the political class.
URGENT!! STOCK MARKET DOOMED!!! JULY CRASH EXPLAINED, BITCOIN, GOLD - Programmer explains
An eventful week in markets and the economy as the month and quarter are coming to a close next week.
Cobalt prices slumped to a 10-month low this week due to waning demand from the aerospace and electric vehicle industries - all suggest the V-shaped recovery in the global economy is nothing but a distant dream.
SECRET ECONOMIC RESET 2020!! Bitcoin, Gold, Stocks - Great Wealth Transfer - Programmer explains
It's been quite a morning for bad news and its hitting markets:
DraftKings Inc. filed several Form 4s with the Securities and Exchange Commission this week regarding insider selling by the president of the company, Paul Liberman, and others.
One month after the Treasury sold 2Y notes at an all time low yield of 0.176%, a time when the market was concerned with negative yields hitting as soon as November, moments ago the US Treasury sold a record $46BN in 2Y notes in a generally strong au
Is it 1999 or 2007? Retail investors flood the market as speculation grows rampant with a palpable exuberance and belief of no downside risk. What could go wrong? Do you remember this commercial?
Update (1010ET): If ever there was evidence of the farce this so-called market (and perhaps also the Trump administration) has become, it is this.
Last Friday, we were amused to report that only after the biggest 3-month rally in European stocks in more than 5 years...
Investors, banking, central banks, economy, etc...
Following our recent post on Nasdaq's proposed rules intended to impose stricter requirements on companies looking to go public or be listed on Nasdaq that have their businesses principally administered in certain jurisdictions defined by Nasdaq as
I hate shorting. The risk-reward relationship is out of whack. It feels crappy. I lost a ton of money shorting the worst highfliers a little too early in late 1999. It's just nuts to short this market that is even crazier than in late 1999.
International Man: Recently, massive riots have broken out in many cities across the US.
With market liquidity stubbornly stuck near all time lows (which permits retail investor trades to have such an outsized impact on the broader market)...
Two weeks ago, the generally cheerful investing icon Jeremy Grantham unleashed fire and brimstone, taking his $7.5BN portfolio to a net short position for the first time since the financial crisis, and summarizing his dire assessment of the current u
Once again, it looks like the bears and the skeptics were right all along.
Futures spiked on news early Tuesday that a life saving steroid, dexamethasone, has proven effective in the treatment of patients who are seriously ill with coronavirus.
"This is Ripley, last survivor of the Nostromo, signing off."
And then it happened. A vicious sell off seemingly out of the blue putting a sudden end to the steepest rally ever with many indices and individual stocks getting hammered seeing sizable declines just as Nasdaq was making new all time highs and $SPX
ETFs have taken over the market and become so widespread that a trend really hasn't "made it" now unless it has its own ETF.
It's "a form of a mass psychosis" and "a self-fulfilling prophecy" that the stock will go up.
WAM Livestream. Stock Market is Down over 1700 Points
A failed financial system of central planning by The Federal Reserve is being clung to in America. It was wrong to ignore and replace the sound monetary system created by America's Founders and codified in the U.S. Constitution.
Well that escalated quickly... again!
With war erupting between Wall Street's "legacy" professional investors (headed by, say, hedge funds and Warren Buffett) and retail daytraders (the army of Robinhooders whose self-appointed king is the trading community's celebrity du jour Dave "I am