The Man Who Called The Last Bond Bear Market 40 Years Ago Says "Buy Bonds"

74-year-old bond guru Lacy Hunt is among a rare breed in finance today: people who actually traded during a period when bonds continuously lost value. Today, as hints of inflation start to bubble and calling the next bear market becomes the industry’s favorite pastime, Hunt says no, "I’m still long bonds, especially the long-end."

New President, New World

The old order is passing away. Treaties and alliances dating from the Cold War are ceasing to be relevant and cannot long be sustained. The greater danger for President Trump is that the movement he led will be abandoned, its hopes dashed, and the agenda that Trump rejected and routed will be reimposed by a Republican Establishment and its collaborators in politics and the press.

US Financial Markets - Alarm Bells Are Ringing

If any unexpected fundamental news should emerge that throw doubt on the beliefs so widely held by market participants of late, a sizable surge in market volatility is likely to ensue.

Oil Slides After Rig Count Spikes Most Since April 2013

While a desperate Saudi Arabia jawbones how well OPEC production cuts are going, the road ahead looks like a surge in US Shale supply is coming. Following a brief dip in the previous week, US oil rig counts soared 29 to 551 last week - the biggest weekly rise sicne April 2013 - to the highest since Nov 2015.

Nigel Farage Joins Fox News

Following his comments yesterday that he "was proud to have played [his] part in Trump's election," Nigel Farage has announced that he will be joining Fox News channel as a contributor.