I wanted to highlight a few interesting reads from the last couple days. I think these are fairly important for U.S. investors looking at the relative strength of U.S. stocks and the yield differential between our …
Continue readingMario Draghi
Crude Oil remains the headline, now down 11% this month a lone, trading very near 52 week and 7 year lows. Today the commodity opened up 3% after supply data came in weaker than expected, …
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Three years ago today, when Europe was in the throes of a sovereign debt crisis, ECB head Mario Draghi pledged that he and his colleagues would do “whatever it takes to save the euro”. They …
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Last week we featured a dollar cheap way to express a defined risk bearish view into JPM’s Q4 earnings. We did not execute the trade ourselves as it started moving lower before we could get our ideal entry and …
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On Wednesday (below) I highlighted what appears to be a brewing technical meltdown in the Euro currency and the Euro Stoxx Bank Index (SX7E) as both traded at 52 week lows today, with the SX7E closing …
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The investment world seems obsessively focused on the rise and fall of crude oil and the knock-on effects on other risk assets. This morning, oil is green, equities are green and bond yields are green. …
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This morning I read a fairly interesting article from Reuters’ Mike Dolan Scoping the new subprime as watchdogs cry ‘bubble’ where he quotes the annual report of the Bank for International Settlements (BIS). Think the Justice …
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“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.” -Henry Kissinger The central banks control the money. Especially the FOMC and …
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I view the Euro as a broken currency. The common currency continues to inflict undue hardship on the southern European countries, locking them in to an unsuitable monetary and fiscal regime that is fanning the …
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An active morning so far. ECB head Mario Draghi made comments about the willingness and ability of the ECB to act, causing full risk-on from 6:15 am to 7:15 am. After Asia closed mixed, and …
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