Irony? “Credit Crash Warning” Icahn May Be Cut To Junk By S&P
Having warned – correctly – of the impending collapse of the US credit markets last year, it just seems ironic that Carl Icahn’s firm has been downgraded to “watch negative”…
Canadian Island Launches “Move Here If Trump Wins” Campaign To Americans
Submitted by Claire Bernish via TheAntiMedia.org, Canada’s Cape Breton Island has become the unofficial escape option for their neighbors to the south should Donald Trump manage to be elected the…
A Guaranteed Way To Make Money: Short Goldman’s “Hedge Fund VIP” ETF
With 5 of their Top 6 trades for 2016 already stopped out, and their recent heavy losses from swing-trading Gold, one might question the demand for an ETF that tracks…
Correlation Between Oil And Stocks Highest Since 1980
Submitted by Eric Bush via Gavekal Capital blog, Stock prices and oil prices have been moving in a more positive correlated fashion recently than at any point since 1980. The…
Sam Zell:”We Are Already In Recession”
“We are either already in a recession or rapidly moving towards one,” warns billionaire investors Sam Zell. A stunned Maria Bartiromo is shocked to hear from Zell that world trade…
Bank of America: “Corporate Balance Sheets Are The Most Unhealthy They Have Ever Been”
BofA’s HY credit strategist Michael Contopoulos, whose work we have recently presented on several occasions, has been rather dour over the past year on the future of HY debt, as…
When Cash Is Outlawed… Only Outlaws Will Have Cash
Submitted by Bill Bonner of Bonner & Partners (annotated by Acting-Man.com’s Pater Tenebrarum), Control, Tax, Confiscate Harvard economist Larry Summers is a reliable source of claptrap. And a frequent spokesman…
$500 Million In ISIS Cash “Reserves” Destroyed By US Airstrikes, Officials Swear
On Thursday, we revealed something truly shocking: ISIS is no longer handing out free Snickers bars and Gatorade to its fighters. Apparently, the cash crunch created by Russia’s unrelenting assault…
Has The Market Crash Only Just Begun?
Having successfully called the market’s retreat in the fall of 2015, Universa’s Mark Spitznagel is not taking a victory lap as he warns Bloomberg TV that “the crash has only…
Best Week Of 2016 For Stocks Amid Biggest Short-Squeeze In A Year
Come on… stocks are up large… everything must be awesome!! This was S&P and Dow Transports best week of the year… (Dow Industrials best week in 3 months, Nasdaq and…