This Is How The Great CLO 2.0 Collapse Will Play Out
Over the past two weeks, we’ve begun to document (see here and here) what may end up being a dramatic unwind in the CLO market. Supply all but vanished in…
Read moreThis Is How Bad It’s Got In Latin America’s Socialist Utopia
Socialism works so well that this Venezuelan man was caught smuggling… not drugs, not guns… But food – powdered milk!!! Source: @Jenn_Abrams Coming to a Sanders-sponsored America near you soon.…
Read moreAmerica’s Been Committing Suicide-By-Bad-Choices For Decades
Submitted by Howard Kunstler via Kunstler.com, Hillary’s dumb riposte to Trump’s dumb slogan — make America great again! — was “…America never stopped being great.” I guess she’s been traveling…
Read moreThe Cushing Spillover “Domino Effect” Has Arrived
A little over a week ago, before we described the increasingly more perilous situation facing US refiners, we summarized the oversupply threat facing the biggest U.S. commercial hub located in…
Read moreSix Reasons To Buy Gold In 2016
Via EvergreenGavekal.com, “Betting against gold is the same as betting on governments. He who bets on governments and government money bets against 6,000 years of recorded human history.” – Charles De…
Read moreHow To Beat The Market Trading Just 30 Minutes Per Day
Trading is was easy. Sleep in. Don’t fight The Fed. Grab some lunch with friends. Then execute the following two trades… For those used to the ubiquitous 330ET Ramp, there…
Read morePeak Complacency (Again)
As stocks have risen in recent weeks on the biggest short-squeeze in 7 years, so VIX – the expected volatility of the market – has dropped to 2016 lows. However,…
Read moreAckman Losses $200 Million In An Instant After Valeant Reveals SEC Investigation; Stock Crashes
Over the weekend, our friend John Gavin at Probes Reporter revealed something disturbing to Valeant longs, namely that “New Data Now Confirms Valeant’s Undisclosed SEC Investigation.” This is what the…
Read moreKeynesian Youth? Boston Fed Unleashes “Wishes & Rainbows” Children’s Story Book
“Designed to stimulate students’ imagination as they explore the economic problem of scarce resources, various methods of allocation, and how societies react to alleviate such problems,“ The Boston Fed has…
Read moreGold Leaps, Stocks Sleep As February Bounce Burns Out
So much excitment but by the end of the month… [embedded content] Some high-/low-lights for February… China’s Shenzhen Composite Down 28.8% in 2 months – biggest drop since July 1994…
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