"With our year end target 10% below current levels, our view is clear: the mid-cycle transition will end with the rolling correction finally hitting the S&P 500."
Senate Parliamentarian Kills Democrat Bid To Shoehorn 8 Million Green Cards Into $3.5T Spending Bill
A 'significant blow'
...another leftist narrative implodes...
Canadians Head To The Polls In Election That Could Oust Justin Trudeau And Return Conservatives To Power
"We can choose to settle for second-best - for a party that hardly tries and barely delivers. Or we can choose to believe in a brighter, better, more united future."
At least eight investment-grade companies are said to have pulled their bond offerings amid the crash in risk assets
"Most of the money is from sovereign wealth funds in the Middle East, including Saudi Arabia’s Public Investment Fund."
"Something historic will happen this week..."
"It’s the same story as everywhere else -- investors are concerned about the liquidity,"
The new policy will take effect in November...
...we were off by just 2 stocks from the biggest selling-wave in history.
“It is by QE alone I set markets in motion. It is by the juice of CBs that trades acquire speed, the reputation acquires stains, the stains become a warning. It is by QE alone I set markets in motion.”
Key Events This Extremely Busy Week: Central Bank Meetings Galore, Congress Chaos, Elections And More
Besides the "sudden" emergence of Evergrande contagion - which nobody could have possibly predicted - we are facing an extremely busy week chock-full of central bank announcements and two closely-watched elections in Canad and Germany.
...we start today with a sharply negative gamma position...
"Evergrande is just the tip of the iceberg. That affects the banks as well... It has a chain effect."
"We need a lot of contingency plans in place."
Jennifer Homendy, chairwoman of the National Transportation Safety Board said that the term ‘full self-driving’ was “misleading and irresponsible".
The most destructive rock falls start with a single pebble triggering a cascading chain reaction...
Now, the FDA will begin its own emergency auth review...
"We are living in a blizzard of lies..."
The mega bank has started a brand new actively managed ETF called the Goldman Sachs Future Tech Leaders Equity ETF...