...the Carpoffs siphoned off investor funds and used at least $140 million of investor money to fund their lavish lifestyle, which included 150 luxury and sports cars...
Thanks to Boeing's buybacks, Wall Street lenders will not only get their money back from the company, but will find themselves far, far higher in the capital structure, priming virtually every asset below them, ahead of any possible bankruptcy filing.
" Given that central banks today are the world’s biggest currency manipulators, it’s imperative that the next chairman prioritize the integrity of the dollar..."
...another exuberant rally gets too cocky, produces massive overbought readings as everybody is trampling long into stocks, is ignoring all the warning signs and then some outside event pulls the plug.
"It is important that we do not exaggerate projections related to future decreases in oil demand due to events in China, and the market does not over-react based on psychological factors..."
... the more equities fell initially, the more they subsequently rebounded. These episodes did not lead to a prolonged period of selling, and were the buying opportunity within weeks.
With debt levels rising globally, economic growth on the long-end of the cycle, earnings growth weak, valuations high, and potential risk of a recession, the uncertainty of retirement plans has risen markedly...
"Any economic shock to China’s colossal industrial and consumption engines will spread rapidly to other countries through the increased trade and financial linkages associated with globalization."
CTAs or “Managed Futures” programs as they are also known, are often dressed up as a magic black box full of secret sauce but they typically implement similar trend and momentum strategies across fixed income, equities, commodities, and FX markets.
