Bill Blain: How To Catch Rabies In The Junk Bond Market

There are a number of things that worry me. First is the market doesn’t seem to think Toy R Us is symptomatic of wider problems across the whole hi-yield and LBO sector. Scond, high yield spreads continue to tighten against bonds...

One Simple Chart Proves That Facebook Thinks You're A Moron

Please allow us to once again demonstrate why Zuckerberg's apparent obsession with $50,000 worth of ad buys that 'MAY' have been purchased by Russian-linked accounts to run 'potentially politically related' ads is so utterly bizarre...

Complete Preview Of Theresa May's "Florence" Brexit Speech

Media speculation is mounting over the content of UK PM May’s Brexit Speech in Florence tomorrow. This is the first big Brexit-specific speech by the PM following the General Election. It is designed to outline the basis for negotiations at the fourth round of EU-UK negotiations in Brussels next week.

Household Wealth Hits A Record $96.2 Trillion... There Is Just One Catch

In the second quarter of 2017, US household net worth rose by $1.7 trillion, reaching a record $96.2 trillion as the stock market soared and home prices hit new record highs. But while it would be great news if wealth across all of America had indeed risen as much as the Fed claims, the reality is that there is a big catch...