Bear Market

Oil Surges After OPEC Production Hits Record High: Here's Why

Despite the return of the record OPEC oil production, crude is now surging for one simple reason: oil is inversely correlated with the dollar. And thanks to today GDP shock, which showed that the US economy grew far slower than expected, the dollar has crashed. Confused? Don't be: "Dollar weakness follows disappointing U.S. GDP data, consumer confidence." As a result, ugly economic data has sent the dollar tumbling, oil soaring, and the S&P near all timehighs. Q.E.D.

Crude Crashes Into Bear Market To April Doha Lows

WTI Crude (Sept 16) futures are within a hair of trading with a $40 handle - something that has not happened since the lows after the failed Doha talks in April. From the June highs at almost $53, oil is down 22% - a bear market -as inventories, rig counts, and production all rise.

The Peak Oil Paradox - Revisited

Is 'Peak Oil' dead and buried forever, or is it lurking in the shadows, waiting to derail the global economy again?

The One Key Indicator Pointing To A Bear Market

On Monday, the S&P 500 and Dow Jones Industrial Average made history when they closed at all-time highs for the first time in more than a year. Many investors are now expecting a modest rally to ensue, as Brexit worries fade away. But this is not a time to be greedy and jump into a buying frenzy.

The Writing Is On The Wall (Again)

Yesterday, the S&P 500 hit a new all-time high. And the Dow just hit a new record close as well. If you haven’t sold yet, dear reader, this may be one of the best times ever to do so.

S&P 500 To Open At All Time Highs After Japan Soars, Yen Plunges On JPY10 Trillion Stimulus

S&P 500 futures are set to open at new all time highs, with global stocks rallying as the yen weakened and the Nikkei soared on speculation Japan is about to unveil the first instance of "helicopter money"-lite, as well as due to a continuation of better-than-expected U.S. jobs data. Further speculation that Italy's (and Europe's) insolvent banks will be bailed out has further boosted sentiment.

How George Soros Singlehandedly Created The European Refugee Crisis - And Why

In 2015, a Sky News reporter found “Migrant Handbooks” on the Greek island of Lesbos. It was later revealed that the handbooks, which are written in Arabic, had been given to refugees before crossing the Mediterranean by a group called “Welcome to the EU.” Welcome to the EU is funded by—you guessed it—George Soros' Open Society Foundations. Soros has not only backed groups that advocate the resettlement of third-world migrants into Europe, he in fact is the architect of the “Merkel Plan.”

Goldeja-vu - How The Bear Ends

The 2011 – 2015 bear market compared to that of the 1970s is 'eerily similar' and although the fundamental backdrop of the 1970s was obviously different from today’s, there are actually many parallels applicable to the gold market...

US Futures Rebound After Volatile Session, All Eyes On June Payrolls

In a session where bleary-eyed traders followed the all-night tragic developments out of Dallas and initially sold off risk assets, it is good to see that some normalcy prevailed with the traditional post Europe-open futures ramp, which was further assisted by the successful resolution of the Dallas standoff, which has pushed futures modestly higher ahead of today's main event for markets, the June payrolls report due in under two hours.

European Stocks Storm Higher As Bank Fears Subside; US Futures Flat

After yesterday's afternoon surge in US stocks, facilitated by the "uncertain" Fed's FOMC Minutes, today the rest of global market are playing catch up with European stocks rebounding from one week lows, snapping the longest losing streak in three weeks, as well as Asia where most stock markets climbed, led by gains among energy producers as crude prices advanced, while a stronger yen weighed on Japanese shares.

Brits Lead Revolt Against Age Of Inequality, BofAML Favors "Gold, Vol, & Cash Positions"

Brexit is the biggest electorate riposte yet to The Age Of Inequality created by policymakers to save (some) of the world, and as BofAML's Michael Hartnett warns, investors must anticipate a shift to an increasingly populist policy response. The backdrop of Quantitative Failure nonetheless means a renewed bull market in risk assets is impossible unless fiscal policy can quickly arrest the downside in GDP & EPS forecasts.