By Tyler Durden, Since being deported from Australia last week, men’s tennis champion Novak Djokovic has returned to Belgrade, where he lives with his family. Having inadvertently (or not) become the locus of the international debate about mandatory vaccinations, Reuters reported that Djokovic and his wife hold a combined 80% stake in Danish biotech firm QuantBioRes, which is working on […]

By Tyler Durden, Authored by Gail Tverberg via OurFiniteWorld.com, In my view, there are three ways a growing economy can be sustained: With a growing supply of cheap-to-produce energy products, matched to the economy’s energy needs. With growing debt and other indirect promises of future goods and services, such as rising asset prices. With growing […]

By Tyler Durden, Earlier today we quoted a JPMorgan trader who was wondering if after yesterday’s mid-day swoon, the result of systematic, vol-targeting and CTA strategies unleashing a barrage of sell orders, if today’s action would be similar, to wit: “Let’s see if we can hold pre-market gains throughout the session as yesterday afternoon felt like systematic […]

By Tyler Durden, Tesla investors continued to try and convince Vice Chancellor Joseph Slights of Delaware’s Court of Chancery that Elon Musk “bailed out” his cousin’s company, SolarCity, to the tune of $13 billion that needs to be returned to shareholders, this week. During closing arguments to a 10 day trial, Randy Baron, an attorney […]

By Tyler Durden, Netflix has crashed 21%, dropping below $400 after trading at $510 yesterday and at $700 two months ago, after the streaming-video company’s first-quarter subscriber outlook missed estimates, sparking panic over slowing growth. Several Wall Street firms cut the stock and slashed price targets, though long-term bear Benchmark upgraded the shares. As Bloomberg […]

Global Intel Hub – Charlotte, NC – 1/21/2022 As with most complex geopolitical situations, the news pipeline here is totally manipulated about Russia.  First let’s address the NATO issue.  After The Cold War came to an end there was a handshake agreement negotiated by Reagan that basically NATO would not expand and threaten Russia.  However, the […]

From ZH Like many governments, Russian financial regulators have had a complicated relationship with cryptocurrencies. Back in October, Russian leader Vladimir Putin praised cryptocurrencies as a possible tool to help dismantle the global dollar-based financial system. That didn’t stop Russia from barring the use of cryptocurrencies for payment. And now the country’s financial regulators are pushing […]

By Tyler Durden, While most analysts and traders were digging through Goldman’s disappointing Q4 earnings report which missed on EPS and trading revenue, and focusing on the investment banking and markets (i.e., commission-based flow trading ) results as well as the ominous surge in expenses… … which sent Goldman stock price plunging, for the second quarter in […]

By Tyler Durden, After October’s ugliness, and before the carnage began in December, November saw US Treasury yields oscillate with the last week seeing rates plunge on Omicron anxiety. So, the big question is – did global central banks continue to dump bonds into this late-rally or did they flip-flop back to buyers of the world’s […]

By Tyler Durden, US equity markets have given up all their overnight ramp gains with Small Caps back at the overnight lows (down 1% on the day). The Dow, S&P, and Nasdaq are back to unchanged… This has pushed all the majors back to or below key technical support levels… The S&P and The Dow […]