Bond

Global Stocks Rise Oblivious Of Growing Geopol Risks; Oil, Commodities Jump On Kurdish Clashes

World stocks and commodities rose on Monday, boosted by upbeat Chinese data, while U.S. oil futures jumped to a near six-month high as escalating tensions between the Iraqi government and Kurdish forces threatened supply.  Global markets digested the large amount of weekend newsflow, and clearly liked what they saw as S&P futures were modestly in the green, as both European and Asian stocks are higher.

Hedge Fund CIO: "Never In Human History Have So Many Things That Weigh Nothing Had So Much Value"

Never in human history have so many things that weigh nothing had so much value, fueled such vast fortunes. Data weighs nothing. Knowledge weighs nothing. Software weighs nothing. Algorithms weigh nothing. And as the singularity approaches - that point when artificial intelligence surpasses all human intelligence - we struggle to fathom its infinite weight, uncertainty.

Buffett's Wrong - Why Market Valuations Are Not Justified By Low Interest Rates

"It's such a comforting, even satisfying assumption; the idea that 'lower interest rates justify higher valuations'...   Unfortunately, the convenience of investing-by-slogan is currently leading investors into what is likely to be one of the worst disasters in the history of the U.S. stock market..."

Eric Peters: "This Is The Nightmare Scenario For The Next Fed Chair"

"if we don’t see a sustained cyclical jump in wages, then yields won’t go up. And if yields don’t go up, then the asset price ascent will accelerate. Which will lead us into a 2018 that looks like what we had expected out of 2017; a war against inequality, a battle for Main Street at the expense of Wall Street, an Occupy Silicon Valley movement."

One Bored Trader Finds More Ways To Get Into Trouble

"This is a trader's Ordeal... I can’t say for sure when it will end, but rest assured, it will. And when it does, it will catch a lot of traders off guard... Yet at the risk of making an even greater fool of myself, here is an idea for potential timing..."