It's been so "long" since the March crash that sophisticated investors have once again forgotten that the first thing that happens after the market crashes is everyone runs for the exits.
Senior editor Ash Bennington and managing editor Ed Harrison break down another day of risk-on sentiment as the market evaluates the state of President Trump’s…
But nobody seems to care about the disconnects as too-conditioned markets and participants are in the pursuit of the next liquidity carrot and the firm belief that all outcomes are positive.
... And Trump is going to lose; or Trump is going to win. And stimulus isn’t going to happen; or stimulus is going to happen. And so risk on; or risk off.
The ECB is likely to revise downward both its inflation and growth estimates in December. Then, the ECB could review its inflation target or increase the size of its asset purchases program.
According to the Turkish newspaper Dunya, the Saudi government has ordered individual businesses not to trade with Turkish companies or buy any products made in Turkey, and has imposed fines on companies that do not comply.
...financialization is, ultimately, the national descent into zero coherence and zero rationality. It is in fact, the breakdown of society its self. It is the Road to Zero...
The fact that a whopping 40% of NQ short were covered and the Nasdaq barely rose, likely means that any future attempts by Softbanks to spark a gamma or futures squeeze could have very painful consequences for Masa Son
