Ebola? ISIS?! What’s REALLY Behind Wall Street’s Volatility? By Ed Butowsky From the Front Lines Published October 22, 2014 FOXBusiness Pop quiz: In the past month the Dow Jones Industrial Average has swung from a high of 17,210.06 on Sept. 24, to a low of 16,117.24 on Oct.16. Although the numbers aren’t dramatic, the intraday trading has been extreme […]
We suddenly have slowing global growth expectations & a flattening yield curve to support this new shift in market sentiment. The warnings have been there for some time but now bad news is seen as bad news and not simply the good news that this is sufficient reason for the central banks to pump more […]
The job of the Federal Reserve has historically been to ‘take the punch bowl” away when the party begins to get out of control. Today the job of the Fed has proven to be the supplier of the intoxicating “liquidity” libation which keeps the market party going! The bootlegger of liquidity. The Fed however has […]
BUYBACKS -Has Boosted Median Eaenings Growth by 100 bps for S&P 500 Money Well Spent? 10-12-14 FT There was no sign of Carl Icahn’s trademark aggression in the letter he sent last week to Tim Cook, Apple’s chief executive. The one-time corporate raider began by applauding Apple’s recent product launches and calling Mr Cook the “ideal” CEO for […]
The Stage Is Set For an Ever Bigger Crash Than 2008 Last week we touched upon the “white elephant” in the room: that the biggest, most important bubble investors should worry about is in bonds, NOT stocks. Consider the following… The financial system is based on debt. US Treasuries, the benchmark for an allegedly “risk […]
“I was bribed by billionaires, I was bribed by the Americans to report…not exactly the truth.” – Udo Ulfkotte, a former editor of one of Germany’s main daily publications, Frankfurter Allgemeine Zeitung Zerohedge Some readers will see this and immediately dismiss it as Russian propaganda since the interview appeared on RT. This would be a serious mistake. Whether you […]
Full disclosure: At the time of writing, the author was long the $TM Jan16’15 calls. Some people call Japan “the land of the rising sun”. Others might argue that “the land of setting sun” is a more appropriate title. Before we continue, let me first say that 1) I’ve never been to Japan and 2) […]
Failing Fundamentals What is it that is troubling legendary investors such as George Soros, Stanley Drunkenmiller, Sam Zell, Carl Icahn and others to be so worried about the markets and to be issuing warnings as they exit? We need to pay attention to these people who each have unbeatable track record but ’en masse’ is […]
August Retail Sales: Post-Winter Bounce Fading Fast 09-12-14 ALHAMBRA PARTNERS The retail sales release for August was actually quite alarming. The track of sales pretty much confirms the end of the spring “bounce” that showed up in Gallup’s figures, but the real concern is that the “bounce” itself was never more than a minor adjustment; an absence of […]
What’s Freaking Out The Billionaires Of The S&P 500? 09-08-14 Ironman at Political Calculations, Political Calculations Tyler Durden pays attention to the things that billionaire investors say and do so we don’t have to. And it would seem that a number of them are starting to freak out over stock prices: “The stock market is at an all-time, but economic […]