• GoldCore
    12/18/2014 - 13:54
    Russia supplies China with hi-tech military hardware. Russia has negotiated two major natural gas deals with China in the last year. China expects to double its gas usage by 2030. From a Chinese...

Dumb Money

Phoenix Capital Research's picture

The $9 TRILLION Crash Your Broker Doesn't Even Know About





This problem is north of $9 trillion… literally than the economies of Germany and Japan COMBINED. And it's bursting NOW.

 
 
Phoenix Capital Research's picture

Is the US Dollar About to Trigger a 2008 Collapse?





Globally the US Dollar carry trade is believed to be north of $3 trillion (larger than the economy of France). What happens when it begins to unwind?

 
Tyler Durden's picture

Frontrunning: August 11





  • Maliki digs in as U.S. pushes for new Iraq government (Reuters)
  • Ukraine's forces say close to taking rebel-held Donetsk (Reuters)
  • Anger Over Michael Brown Shooting Leads to Looting (WSJ)
  • German Economy Backbone Bending From Lost Russia Sales (BBG)
  • Kinder Morgan to Consolidate Empire (WSJ)
  • Early Failure to Detect Gaza Tunnel Network Triggers Recriminations in Israel (WSJ)
  • You’ll never guess how much BuzzFeed raised from Horowitz (FT)
  • The dumb money is now chasing Chinese oligarchs: Norway’s Wealth Fund Buys $576 Million of Mayfair Area (BBG)
  • Clinical trial to start soon on GSK Ebola vaccine (Reuters)
  • No drone skeet shooting any time soon (WSJ)
 
Tyler Durden's picture

Will Fundamentals Ever Matter Again?





Will investing based on fundamentals eventually find favor once again with investors? The problem is that market participants no longer view the financial markets as a place to invest savings over the "long term" to ensure future purchasing power parity. Today, they view the markets as a place to "create" wealth to offset the lack of savings. This mentality has changed the market dynamic from investing to gambling. As Seth Klarman warned, "There is a growing gap between the financial markets and the real economy. Not surprisingly, lessons learned in 2008 were only learned temporarily. These are the inevitable cycles of greed and fear, of peaks and troughs." Simply put, fundamentals will matter, but only after the fact.

 
Tyler Durden's picture

"Cluster Of Central Banks" Have Secretly Invested $29 Trillion In The Market





Another conspiracy "theory" becomes conspiracy "fact" as The FT reports "a cluster of central banking investors has become major players on world equity markets." The report, to be published this week by the Official Monetary and Financial Institutions Forum (OMFIF), confirms $29.1tn in market investments, held by 400 public sector institutions in 162 countries, which "could potentially contribute to overheated asset prices." China’s State Administration of Foreign Exchange has become “the world’s largest public sector holder of equities”, according to officials, and we suspect the Fed is close behind (courtesy of more levered positions at Citadel), as the world's banks try to diversify themselves and "counters the monopoly power of the dollar." Which leaves us wondering where are the central bank 13Fs?

 
thetechnicaltake's picture

Weekly Sentiment Report: $VIX Closes at 52 Week Low





The big question remains: will the current signal be a sign of complacency, which suggests that lower prices are ahead or will the current signal be a failed signal leading to significant market gains?

 
thetechnicaltake's picture

Weekly Sentiment Report: Horrific? Hardly!





I am sure those who were buying the "Kool-aid" at the market highs feel that way, but the numbers tell a different story.

 
Tyler Durden's picture

"When Does The Party End?”" - Goldman Finds Revenue Multiples Have Never Been Higher





According to Goldman, the median company’s EV/sales ratio is now the highest in 35 years, surpassing even the dot com bubble.

 
thetechnicaltake's picture

Weekly Sentiment Report: The Price Cycle





In essence, you need to be selling strength.

 
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