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Archive Monthly Archives: April 2018

The Blowback Against Facebook, Google And Amazon Is Just Beginning

Authored by Charles Hugh Smith via OfTwoMinds blog Blow-out earnings from Facebook and Amazon have cheered Wall Street, but institutional owners might want to focus not just on blow-out earnings but rising blowback against the tech superpowers (Facebook, Google and Amazon). The blowback is social and political: people are starting to question the social and […]

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"Canada Is In Serious Trouble" Again, And This Time It's For Real

Some time ago, Deutsche Bank’s chief international economist, Torsten Slok, presented several charts which showed that  “Canada is in serious trouble” mostly as a result of its overreliance on its frothy, bubbly housing sector, but also due to the fact that unlike the US, the average Canadian household had failed to reduce its debt load. […]

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Letting The Chips Fall Where They May

Submitted by Dana Lyons’ Tumblr After an apparent breakout to all-time highs just 6 weeks ago, the semiconductor sector is now breaking key uptrend support. In early March, we highlighted one of the sectors demonstrating the strongest recovery efforts following the post-January correction. The sector was the semiconductors, which was not a surprise since the […]

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Stocks Spike As Confused Bank Admits "There Are No Real Headlines To Note"

Confused as to why stocks are soaring… along with the dollar… and bonds… join the gang as one confused bank trading desk admits “there are no real headlines to note” behind this price action… Bonds are bid, stocks are bid, and the dollar is bid…   EURUSD dived – which is odd since the ECB […]

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Showdown: Hundreds Of "Caravan" Migrants Set To Enter California As US Threatens Mass Arrests

Hundreds of migrants who continued the journey north after a “caravan” of Central American immigrants disbanded earlier this month after being singled out by President Trump have now reunited at a shelter in Tijuana, Mexico, Reuters reported. And if they have their druthers, many of them will be inside the US by the end of […]

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Iranian Naval Commander Threatens To Sink US Ships, Create "Catastrophic Situation" If Trump Kills Deal

President Donald Trump offered some of his most bellicose rhetoric yet about Iran on Tuesday when he said Iran would have “bigger problems than they have ever had before” if the country’s leadership dared to restart its nuclear program following a US pull-out of the JCPOA (otherwise known as the Iran deal), per the Times […]

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The Pension Crisis Is Worse Than You Think

Authored by Lance Roberts via RealInvestmentAdvice.com, Last year I penned an article discussing the “Unavoidable Pension Crisis.”  “Currently, many pension funds, like the one in Houston, are scrambling to slightly lower return rates, issue debt, raise taxes or increase contribution limits to fill some of the gaping holes of underfunded liabilities in their plans. The hope […]

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The Purge Begins: Deutsche Bank Fires 400 US Bankers

As part of its latest disastrous earnings, which saw trading revenues tumble by 17% as new CEO Christian Sewing took over, we reported that Deutsche Bank announced a sweeping restructuring plan, abandoning its long-running ambitions to be a top global securities firm, scaling back U.S. rates sales and trading, reducing the corporate finance business in […]

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When Investor Psychology Turns Dark, All News Is Bad News

Authored by John Rubino via DollarCollapse.com, Big companies report blow-out earnings. Home prices soar. North Korea promises to end its nuke program, possibly averting another Asian war. And stocks fall. Does this mean the news no longer matters? That’s exactly what it means. But it never did matter. In a world this complex, big things […]

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Senate Panel Passes Bill To Protect Robert Mueller From Firing

While the bill still has little hope of making it past the Senate since Majority Leader Mitch McConnell has said he won’t bring it up for a vote, the Senate Judiciary Committee has passed a bill to protect Special Counsel Robert Mueller from being fired by President Trump. A draft released Wednesday night by Chairman […]

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