Day-Traders Send US Producer Prices Soaring In July
US Producer prices were expected to rise MoM following four declines in the last five months and they did, rising…
August 2020
S&P Futures Hit All Time Highs On Stimulus, Vaccine Hopes; Gold, Silver Tumble
S&P 500 futures hit a record high as investors shrugged off continuing U.S.-China tensions and instead focused on news of…
Nasdaq Tumbles Into Red, Erases Vaccine Spike As ‘Memo Meltdown’ Continues
All major US equity indices spiked in the early hours overnight on the back of optimistic vaccine headlines from Russia….
The Economy Is Mortally Wounded
A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding exponentially. Read more12 Signs…
Morgan Stanley Sounds The Alarm On Record High Bond Duration, Is Starting To Buy Bond Volatility
You Have More Duration than You Think 2020 has seen a pandemic inflict enormous human and economic cost. In 2Q,…
Another Bank Bailout Under Cover of a Virus
Bulls Charge To All-Time Highs As discussed previously in “Insanely Stupid,” we noted the market remained confined to its consolidation channel, but…
Russia-China “DE dollarization” Reaches “Breakthrough Moment” As Countries Ditch Greenback For Bilateral Trade
Late last year, data released by the PBOC and the Russian Central Bank shone a light on a disturbing –…
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