If the world is poised upon the precipice of “deflation” and the ugly economic consequences of reduced “money supply”, at the middle of all that are the primary dealers – still. While it is technically correct to claim that the Fed expanded its balance sheet to $4.5 trillion, with $2.4 trillion left after autonomous factors for bank…
Stocks are taking a hit to start the week: With much of Asia on holiday and China closed for the entire week in observance of Lunar New Year, this appeared like a prime opportunity for a quiet start to a potentially heavy week. But that was not to be; selling in Europe started on the open…
<< Read More: 2007 All Over Again? Let Us Count The Ways (And Remember What Happened Then) – Part 1 << Read More: 2007 All Over Again? Mega-Merger Edition – Part 2 So far, each financial crisis in the series that began with the junk bond bubble of 1989 has been noticeably different from its predecessors….
Light economic calendar With just the German Industrial Production numbers coming out during the day, there isn’t a whole lot out there to move the markets. With this, we look at the charts for our next trade. CAC looks horrible The Parisian index is trying to make a fresh, new low at the time of…
Shares of BioCryst Pharmaceuticals (BCRX) are plunging in morning trading after the biotechnology company reported disappointing clinical trial results for its potential hereditary angioedema treatment. What’s new: BioCryst this morning announced results from its OPuS-2 trial evaluating avoralstat in treatment of patients with hereditary angioedema, or HAE. BioCryst said either a 500 mg or 300…
S&P 500 has created a series of higher lows and higher highs for the past 5-years! Some would define this as a bull market. Gold Bugs Index (HUI) has created a series of lower highs and lower lows, for the past 5-years! Some would define this as a bear market. Hey friends check this out;…
Recession Odds From Rosenberg David Rosenberg, chief economist at money-management firm Gluskin Sheff & Associates, went way out on a limb today. Even though oil broke $30 to the downside again today, bond yields have crashed, and the price of many commodities is below the cost of production, Rosenberg made this statement today as quoted…
The year 2016 saw an appalling start on the bourses as last year’s headwinds spilled over this year with deepening woes. This is especially true as the world’s second largest economy is not showing any sign of reviving anytime soon and the global oil market continues to be overloaded. These two issues have been thwarting…
Founded in 1899, Legg Mason is one of the world’s largest asset managers with assets under management of $708 billion. Legg Mason and its affiliates currently manage 112 mutual funds across a wide range of categories, including both equity and fixed-income funds, with over $96.1 billion (excluding money market assets) invested in them. It uses…
According to Apple rumor website, 9to5 Mac, Apple (AAPL) will announce its new line of products on March 15th. This release will include new wristbands for the Apple Watch and the new iPhone 5SE. The iPhone 5SE will have a 4-inch screen, which may appeal to consumers who do not want their phone to take…
