Smart Money

China's Credit Growth Is Freezing Up At The Worst Possible Time

With growth slowing in China, the question is will it continue into 2018, and will it lead to bulk commodity prices deflating? In short, due mainly to slower overall credit growth vs. prior bubbles (i.e., 2009, 2013, and 2016), a material slowdown in economic growth or asset values in China’s market is inevitable – barring another massive ramp-up in credit issuance...

Growth In China Is Slowing: What Does It Mean For Commodity Prices

With economic growth slowing in China, the question is i) will it continue into 2018, and ii) will it lead to bulk commodity prices deflating? In short, due mainly to slower overall credit growth vs. prior mini-bubbles (i.e., 2009, 2013, and 2016), a material slowdown in economic growth or asset values in China’s market is inevitable.

Knave Dave's picture

All is not perfect in this surreal stock market as nerves begin to jitter and bulls begin to sound like bears. Yet, euphoria continues to push prices to new heights past omens and disasters and in spite of failed legislation.

Crypto Mania - Why "It Is Currently Rational To Be Irrational"

"It’s easy to believe cryptocurrencies have no inherent value. Or that governments will crush them. It’s also becoming fashionable to believe the opposite: that they will disrupt banks, governments, and Silicon Valley giants once and for all. Neither extreme is true. The reality is nuanced and important.."

Mike Krieger Is "Surprisingly Optimistic" About The Future... But There's A Catch

"...a meaningful percentage of the world’s population already understands that something’s off in a major way and that things aren’t working. More will come around to this view in the years ahead, and those with the power will become increasingly panicky. This will create the window of opportunity for humanity to take a great leap forward. "

Extremes Are Everywhere

"The complete disregard for 'risk' has never worked out well for investors in the past and is unlikely to be different this time either..."

Bill Blain: "This Is What Terrifies Draghi And Other Central Bankers"

"In short… it looks like full employment, rising inflation and signs of growth are going to force normalization, at which point the bond music stops and we all realise financial assets have been dancing naked in the Emperor’s New Clothes lap-dancing bar as the proverbial tide goes out! That’s a prospect that must terrify Draghi and other central bankers."

Mint Partners: "What's Going On Is That Strong Hands Are Selling To Weak Hands"

"In case you haven’t noticed, the SPX remains firmly ensconced between 2400 and 2500 where it has been since late May. So it’s going on four months that the market has been stuck in this range. We believe what we are experiencing is distribution. By that we mean strong hands are selling to weak hands."

These Are The Top 50 Hedge Fund Long And Short Positions

In an unexpected turnaround, for once hedge funds aren't sucking (if still underperforming both the S&P and the average mutual fund): for those who believe in piggybacking, here are the Top 50 most popular longs and shorts within the HF community.