"What hit the casino wasn't an air pocket; it was a fundamental change of direction, signaling that the three decade long central bank experiment with Bubble Finance has now run its course..."
Back in December, our research showed that the Dow Jones Industrial Average was fast approaching “major” dual resistance at the top of a 70 year resistance channel and it’s 261% Fibonacci extension level....
"...today, systemic risk is more dangerous than ever. Each crisis is bigger than the one before... Too-big-to-fail banks are bigger than ever, have a larger percentage of the total assets of the banking system, and have much larger derivatives books."
A few months after it purchased a sizable stake in Uber industries - receiving some of its shares at a discount - the Wall Street Journal reported Wednesday that Japanese conglomerate Softbank is in advanced talks to buy a stake in Swiss Reinsurance giant Swiss Re...
"In the past month, two well-known and highly respected money managers have made confident assertions about the markets. Their comments would lead one to believe that the future path of the market in the coming months is known. Sadly, many investors put blind faith in the words of high-profile, accomplished professionals and do little homework of their own."
"A sufficiently powerful AI could realize the bureaucrat's dream of accurately predicting peasant farmers' potato yields months in advance from thousands of miles away. No wonder the Chinese Communist Party hates crypto and loves AI."
"Every historic norm says that stocks are very, very fully valued. If you’re worried about interest rates and inflation, the stimulus could be the thing that tips us over into a rate spike."
When the company's analysts tried to verify the high level of activity (after all, the site regular advertises more than 2,500 singles "online now" - a huge number in many parts of the US) they discovered something disturbing in the website's header files: A random number generator...
