Peter Schiff: The Fed Set The Fiercest Wildfire
Wildfires are raging out of control in western states doing millions of dollars in damage and disrupting countless lives. In a recent podcast, Peter Schiff said the Federal Reserve has set an even fiercer wildfire – inflation. And we are…
A Staggering 84% Of All S&P500 Assets Are Now Intangible
Last week, we brought you some of the latest musing from Bank of America’s Jared Woodard, who in the latest Research Investment Committee report discussed the reason why value investing is dead… … attributing it to a recent transformation in the market…
The Worst Economic Crisis Anyone Has Ever Seen
We have been watching, with disbelief and bemusement, how the “recovery-narrative” has been touted in the financial media and among some economists and analysts. Categorically, an economic recovery is a period of expansion, where we eventually exceed the previous peak…
Nasdaq Futures Tumble, Stocks Slide As SoftBank Unwinds, Dollar Jumps
If SoftBank’s presence in the public markets was enough to send global markets to 9 consecutive all time highs while stretching tech valuations to unprecedented levels, then it is to be expected that SoftBank’s unwind of its notorious “Nasdaq Whale”…
Stocks Are Crashing, VIX Spikes As Option-Players Panic-Buy Protection
Trouble: VIX is back above 30… …and its put-buying not call-buying this time… The S&P is down over 3% and Nasdaq down 5%… As yields plunge back to 60bps (10Y)… Stocks catching down to bonds… Gold is also dropping… As…