Global Intelligence
Markets
Citizens of India have been watching, in stunned amazement, as over the past month the local currency has lost an unprecedented 15% of its value, with a record plunge taking place just last night [5]. And, as so often happens, the population habituated to a government “acting in its best interests” is asking itself – how could we […]
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Earlier we showed one indicator of the US investor’s (should they exist anymore) loss of interest [4] in the Federal-Reserve-sponsored equity market – i.e. CNBC ratings at 20-year lows. In the interest of being more fair-and-balanced we present anther perspective… US equity trading volume in August of 2013 is the lowest on average in 16 years… and all-time highs, middle-east war, taper, […]
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It has been a while since Albert Edwards updated the world on his macro and market thoughts. He finally does so today with a tour de force on the crash in the emerging markets, which for him exposes the “idiocy of one of the key investment themes since the 2008 Great Recession – namely that […]
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By: DeepCaster_LLC “Our estimates of prospective risk are surging… “At present, we have what might best be characterized as a broken speculative peak, in that market internals (particularly interest-sensitive groups), breadth and leadership have broken down uniformly following an extreme overvalued, overbought, overbullish syndrome. “If you recall, the market also recovered to new highs in October […]
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As we pointed out first, the Nasdaq outage can be directly and indirectly traced to action in Apple stock from mere minutes (when it suddenly dropped to under $500) to just over an hour before the Tape C halt was announced. And while the plunge below $500 may have been the proximal cause for the lock […]
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Beware: The Dow 30’s Performance is Being Manipulated! The Dow Jones Industrial Average (DJIA) Index – the oldest stock exchange in the U.S. and most influential in the world – consists of 30 companies and has an extremely interesting and distressing history regarding its beginnings, transformation and structural development which has all the trappings of […]
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Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichter Printing money and forcing interest rates to near zero, that’s how the Fed and other central banks papered over the Financial Crisis, duct-taped the bursting credit bubble back together, inflated new asset bubbles, and propped up TBTF banks. And in so doing, they accomplished a huge feat: a worldwide tsunami of hot money. […]
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A series of data which normally would be considered anomalous is growing at such an accelerated rate, it’s no longer ‘black swan’ data; now the flock seems to be all black and it’s flying north for the winter. Take a look at the following chart showing Consolidated Foreign Transactions in Long Term US Assets: (click […]
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Remember when housing was the primary aspirational asset for a still existent US middle class, to be purchased with some equity down by your average 30 year-old hoping to start a family in his or her brand new home, and, as the name implies, aspire to reach the American dream? Those days are long gone. […]
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Basic Options explanation presentation Buying a Put option on SPY Buying a Put option on /ES The S&P 500 e-Mini Further Research www.optionseducation.org/en.html/
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