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EconMatters's picture

GoPro is Poster Child for IPO Market Scams





There is a game that goes on in the market with IPOs, and I will lay it out here.

 
Tyler Durden's picture

Frontrunning: January 13





  • China trade surprise brings relief (Reuters)
  • Obama knocks Trump, voices optimism (Reuters)
  • Republican Candidates Criticize Obama’s State of the Union Address (WSJ)
  • Republicans and Democrats Agree: We Hate Wall Street (WSJ)
  • Oil rises for first time in eight sessions on China, U.S. stocks draw (Reuters)
  • U.S. Exports First Freely Traded Oil in 40 Years (WSJ)
  • China Imports Record Crude as Price Crash Accelerates Buying (BBG)
 
Tyler Durden's picture

Guest Post: 2016 - Year Of The 'Epocalypse'





As the towering forces that are prevailing against failing global economic architecture and the pit of debt beneath that structure, as laid out below, it is clear that the 'Epocalypse' - encompassing the roots "economic, epoch, collapse" and "apocalypse" - is here, and it is everywhere. The Great Collapse has already begun. What follows are the megatrends that will increasingly gang up in the first part of 2016 to stomp the deeply flawed global economy down into its own hole of debt.

 
Tyler Durden's picture

Bear Market: The Average U.S. Stock Is Already Down More Than 20 Percent





An angry bear has been released after nearly seven years in hibernation, and the entire world is going to be absolutely shocked by what happens next.

 
Tyler Durden's picture

Frontrunning: January 11





  • David Bowie, musical legend behind Ziggy Stardust, dies at 69 from cancer (Reuters)
  • With No Powerball Winners, Jackpot Grows to Estimated $1.3 Billion (ABC)
  • Stock Gains Short-Lived as Chinese Volatility Hurts Oil, Metals (BBG)
  • China's yuan spikes higher, but stocks tumble (Reuters)
  • Arch Coal Files for Bankruptcy (WSJ)
  • Yuan Loan Rates Soar in Hong Kong as PBOC Halts Currency's Slide (BBG)
  • China stocks close down at lowest level since September (Reuters)
  • Fed Eyes Margin Rules to Bolster Oversight (WSJ)
 
Tyler Durden's picture

China's Largest Bank Is Mystery Buyer Of Massive 1,500 Ton Gold Vault In London





Here is precisely where the brand new gold vault of the world's biggest bank will be located.

 
Tyler Durden's picture

Frontrunning: January 8





  • U.S. jobs market seen fairly healthy despite slowing economy (Reuters)
  • China State Funds Said to Buy More Shares After Market Rout (BBG)
  • Global Stocks Gain Some Respite (WSJ)
  • U.S. Jobs Data Take on Added Importance With Markets in Turmoil (BBG)
  • GOP Health Plans Are Works in Progress (WSJ)
  • For economy czar of crisis-hit Venezuela, inflation 'does not exist' (Reuters)
 
Phoenix Capital Research's picture

Warning: the FANGs Are Breaking Down





The former market leaders are all beginning to breakdown. Has the market top finally hit?

 
Tyler Durden's picture

Saudi Aramco Bus Burns Down After "Terrorist Assault" In Qatif Region





Moments ago, according to Alriyadh.com, a bus belonging to Saudi Aramco was torched in a "terrorist assault" by “four armed rioters” in the country's unrest-filled Qatif region.

 
Tyler Durden's picture

Stocks Resume Rout After Massive Chinese Intervention Fails To Lift Shanghai, Calm Traders





After yesterday's historic -6.9% rout in the Shanghai Composite, which saw the first new marketwide circuit breaker trading halt applied to Chinese stocks (on its first day of operation), many were wondering if the Chinese government would intervene in both the once again imploding stock market, as well as China's plunging and rapidly devaluing currency. And, after the SHCOMP opened down -3%, the government did not disappoint and promptly intervened in both the Yuan as well as the stock market, however with very mixed results which global stocks took a sign that the "national team" is no longer focused solely on stocks, and have resumed selling for a second consecutive day. 

 
Tyler Durden's picture

The Movies Are Becoming Just Like The Markets: A Handful Of Blockbusters And Tons Of Losers





As go the markets, so go the movies. According to the WSJ, Hollywood just had its biggest-ever year at the box office in 2015, collecting $11.1 billion in ticket sales, up 7% from the previous year and surpassing the record of $10.92 billion set in 2013. All of the growth, however, occurred at the top of the heap, or in other words, 2015 was a record year "thanks to a handful of blockbusters that left a whole lot of duds in the dust." In other words, just like in the stock market, a record high portion of Hollywood "gains", or rather box office ticket sales, came from just five movies.

 
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