Is This Sleeping Dragon Ready To Awaken?
Via Dana Lyons’ Tumblr, The Chinese stock market has been eerily quiet of late – is that about to change? Outside of a record tight 2-month trading range in stocks…
Silver Is Getting Slammed But Bonds Best Post-Fed
Are you sure about that “extra leverage you don’t have to pay for”? In fact, the entire market is being artificially boosted (not suppressed) by the manipulation you speak of.…
The Global Housing Bubble Is Biggest In These Six Cities
One year ago, when UBS last looked at the world’s most expensive housing markets, it found that London and Hong Kong were the only two areas exposed to bubble risk.…
Is Charlotte Our Future?
Submitted by Patrick Buchanan via Buchanan.org, Celebrating the racial diversity of the Charlotte protesters last week, William Barber II, chairman of the North Carolina NAACP, proudly proclaimed, “This is what…
Deutsche Curve Inverts As Bundesbank Dismisses State Support Of “Zombie” Banks
Deutsche Bank Sub CDS closed above 500bps for only the second day in its history (and the longer-term CDS curve inverted once again) as a bad day ended worse with…
Curve Flattens After Treasury Sells $34 Billion In Uneventful, Tailing 5Y Auction
Unlike yesterday’s 2Y auction, when paper was trading -1.0% special in repo which helped yesterday’s issuance to pass with the high yield printing through the WI, today’s 5Y auction did…
Trump vs Clinton Head-To-Head Was The Most Watched Presidential Debate In History
While the unscientific polls say otherwise, capital markets and the online bettors say that Hillary dominated last night’s debate. However, Trump was the undisputed winner when it comes to another…
It’s Not Really About Deutsche Bank
Submitted by Jeffrey Snider via Alhambra Investment Partners, It is never a good thing when official sources either named or unnamed are quoted in the media as denying bailout discussions.…
Crude Chaos Strikes: Saudis Admit “No Deal” But “Hopeful” For November
Having failed completely to consumate a freeze deal in Algiers, the Saudi oil minister throws out a bone of hope to crude bulls that November’s OPEC meeting may see a…
This Is What Trump Should Do In The Second Debate
Last night’s debate has sparked a tsunami of conversations over who won, who looked more presidential, who coughed more, and who had bigger hands. What is more useful, however, is…