Archive - Mar 7, 2015 - Story

For Lord Rothschild, preserving wealth has "become increasingly difficult," recently, as he warns, rather ominously, "we are faced with a geopolitical situation as dangerous as any we have faced since World War II." Furthermore Lord Rothschild summarizes his thoughts briefly, eloquently, and ominously... as he touches on the global debasement of fiat currencies, disappointing growth (in light of massive monetary stimulus), and extreme stock market valuations. As Rothschild Wealth Management noted last year, equities are not well supported by current valuations, while monetary policy is limited by high debt levels and interest rates that are already close to zero... exposing equities to a potentially sharp correction.

Two men from Russia’s southern region of the North Caucasus, have been detained, according to FSB chief Aleksandr Bortnikov, suspected of the murder of Boris Nemtsov. As Reuters reports, The Investigative Committee, the state body leading the investigation, named the two men as Anzor Gubashev and Zaur Dadayev, and said they were "involved in the organization and execution of the killing," of Nemtsov. Opposition politicians fear scapegoating once again as past high-profile killings in Russia have led to people being jailed for pulling the trigger - often hired hitmen from the Caucasus - while investigators have failed to track down those who ordered the assassinations.

Hedge funds are still useful for one thing: observing where the fast money herd is parked, and doing precisely the opposite in advance of the herd dispersing. Because in a market as illiquid as this one, any and all fast, sudden moves by even the smallest group of traders results in dramatic price movement outliers.

Government interference gone mad... "Do It For Denmark"

In the early hours of this morning, yet another oil-carrying freight train derailed. Canadian National Railways says a fire continues to burn after a train carrying crude oil derailed  in Northern Ontario (near Gogama). As yet no injuries have been rported and a team of specialists are on the scene. This is the fourth derailment for CN Rail in Northern Ontario this year.