"Should we be increasingly concerned about the fractious market mood triggering a stock crisis, a slide in global sentiment and the flat yield curve proving right about slowing economic activity? A global recession?"
Devet Capital may be the world's cheapest hedge fund: the $115 million asset manager operates on an annual budget of only £66,000, and just as notably, one of its co-founders is a former Uruguayan model from Elite Model Agency.
The eponymous British High Street is on the verge of its biggest crisis since 2008. According to The Centre for Retail Research up to 200,000 retail jobs could be gone by 2020, this is in addition to the 150,000 that have disappeared since 2016. Many household chains are scrambling to negotiate with creditors in order to avoid collapse and total wipeout
"The corporate architects of the new economy have no intention of halting the assault. They intend to turn everyone into temp workers trapped in demeaning, low-paying, part-time, service-sector jobs without job security or benefits, a reality they plaster over by inventing hip terms like 'the gig economy'..."
Warren Buffett's Berkshire Hathaway is swallowing up market share in a business that Buffett said he "hardly noticed" when the company first acquired it in 2000.
Greenlight's "bubble basket" was supposed to generate big profits when tech stocks tumbled, as they did last week. That however, did not happen, and Einhorn’s hedge fund fell another 1.9% in March, extending its YTD loss to 14%.
Gold is set to end March with its best performance since 2011. Dominic Frisby looks at what has been keeping it from passing $1,360 and what opportunities there are for buyers.
$20T debt mark reached in September 2017 and another $1 trillion added in just 6 months. US national debt now exceeds $21.05 trillion and is accelerating higher which will propel gold higher (see chart)
Italy represents major source of potential disruption for the currency union. Financial volatility concerns in Brussels & warning of ‘sharp correction’ on horizon
London house prices falling at fastest pace since 2009 (see Bloomberg chart). Inflated prices make London property more exposed to economic and political shocks
“I suspected that regulation would be the death of the current market’s technology generals,” he said, turning to his table, unrolling a map. “I was right.”
