Activism has become a hot topic on Wall Street, with every major study showing that it’s on the rise. So far this trend is continuing this year, as measured by the number of shareholder proposals that made it to big companies’ proxy ballots. There’s also another trend right now, which is that shareholders are becoming more successful…
Shares of commodities giant Glencore Plc plunged 28.9 percent in US trade on Monday. The move marked a dual milestone for the company, delivering the lowest daily closing price as well as the largest single-session drop since its IPO in 2011. Glencore has trended lower alongside the broad slide in commodity prices since mid-2014. In turn, that…
The Yellow Machines Go Silent Paris – What should you do if you are running out of time and money? This is the question we get from readers over 50… over 60… and sometimes over 70. We baby boomers were famously “na… na… na… live for today.” Now, it’s tomorrow. And many of us – often…
Yesterday was an UGLY day in the stock market. However I can confirm that most of my clients are on the sidelines of the stock market. They have learned how to read the market and are simply trend following. They realize this market can do anything. They are positioned to be buyers once again….or simply…
The GBP/USD pair initially broke higher during the course of the session on Monday, but turned back around to form a fairly negative looking shooting star by the time we closed. With this, it looks like the market is ready to go lower, and a break down below the Friday low would be reason enough…
Silver “crisis” looms as pumpers and shysters rake in outrageous profits. Video Length: 00:03:54
IPOs have underperformed the S&P 500 by a stunning 17% year-to-date, extending losses today to 26% year-to-date. Click on picture to enlarge This is the worst year for IPOs since 2008… right as Lehman collapsed… Click on picture to enlarge With private valuations still sky high in the minds of their VC ‘guru’ investors, we…
The slump in the commodity prices since last week has started to push the commodity risk currencies lower. The most affected were the Australian and the Kiwi Dollars both of which have lost -0.57% and -0.47% on the daily basis while on a week to date basis, the risk currencies are down -1.24% and -0.83%…
Are we about to witness the most important global financial event since the collapse of Lehman Brothers in 2008? Glencore has been known as the largest commodities trading company on the entire planet, and at one time it was ranked as the 10th biggest company in the world. It is linked to trillions of dollars of derivatives…
We have warned that capital is in a flight to quality, therefore creating the bubble in government paper. We also warned that the bond market on the long-term peaked in April/May and that we should expect a further rally in the short-end. This significant move has unfolded right before our eyes. The fact that the bonds have…
