May 2018 – Trading Your Own Way

DataTrek: "The Question We Get Most Often Is When Are ETFs Going To Blow Up & Wreck Global Markets"

“When the world decides that there is no need for fundamental research and investors can just blindly purchase index funds and ETFs without any regard to valuation, we say the time to be fearful is now.” – FPA Capital With increasingly more financial professionals convinced that ETFs are the scourge and real weapons of mass […]

"Hotter And Faster" Lava Spreading Across Hawaii, Dramatic Footage Shows Evacuation, Devastation

Kilauea’s volcano is now spewing the hottest and fastest-moving lava yet as Hawaii officials on the Big Island were forced to issue new evacuation orders in two coastal neighborhoods over fears that the rapidly advancing flows might trap residents. The lava has been moving fast enough to cover approximately six football fields an hour, according to […]

Bye-Bye Benz: Trump Planning Ban On Luxury German Autos

Having cornered his European allies over the Iran sanctions, and tightened his grip on the EU economy over metals tariffs, an exclusive report by German magazine WirtschaftsWoche claims that President Trump is taking direct aim at Merkel and is preparing to impose a total ban on German luxury carmakers from the U.S. market. Citing several unnamed U.S. […]

Liquidity Crisis Looms: Here, There, Everywhere

Authored by Mike Shedlock via MishTalk, Jim Puplava thinks a liquidity crisis is on the horizon. I agree, adding that the problem is global… Please pay attention to Jim Puplava at Financial Sense. He says a Liquidity Crisis Looming. In total, index funds represent $7 trillion of U.S. stock funds that have no active manager. All […]

Here Are The 500 Million Real Reasons Why Italian 2-Year Bond Yields Plunged Today

In case you were wondering what really prompted the 65bps collapse in 2Y Italian bond yields today – since we now know that Salvini’s bait-and-switch leaves the newly formed government with even more euroskeptical and anti-immigrant officials than Mattarella originally refused? Then look no further than the Italian Ministry of Finance… They decided today was […]

"Prepare For Action" – Cryptic Emergency Alert Sparks Panic For Oregon Residents

Yet another glitch in the government’s emergency alert systems sent out a cryptic warning to residents living in Salem, Oregon, and surrounding areas. As SHTFplan.com’s Mac Slavo details, the head of Oregon’s emergency management agency has since apologized, but that was too little too late after many were left in a state of panic. A […]

Starbucks Quietly Walks Back "Homeless Shelter" Bathroom Policy In New "Color Brave" Employee Manual

Starbucks has quietly walked back their “all inclusive” bathroom policy, perhaps after realizing that their employees and customers alike weren’t responding well to the prospect of vagrants using their stores as a homeless shelter. As part of their new “Third Place Policy” which the company shuttered 8,000 stores to pound into employees heads on Tuesday, Starbucks […]

Rickards: The Threat Of Contagion "Is Now More Dangerous Than Ever"

Authored by James Rickards via The Daily Reckoning, Each crisis is bigger than the one before. In complex dynamic systems such as capital markets, risk is an exponential function of system scale. Increasing market scale correlates with exponentially larger market collapses. This means that the larger size of the system implies a future global liquidity […]

WTI/RBOB Pop-Then-Drop After Bigger Than Expected Crude Build

Dollar weakness and some OPEC jawboning helped WTI/RBOB rebound today after a week of pain into the API print, but after a bigger than expected crude build, WTI and RBOB spiked higher (thank you algos) before sliding lower… “The question about production cuts is the hammer that really drove the market lower,” said Gene McGillian, a […]

Buffett Offered To Make $3BN Investment In Uber But Deal Fell Apart

In the most bizarre deal news of the day, Bloomberg reports that in what is supposed to be a repeat of Warren Buffett’s 2008 “bailout” of Goldman Sachs, the Berkshire boss proposed investing $3BN in Uber but the deal fell apart as a result of “disagreements over terms and size of the deal.” It appears […]

Archive Monthly Archives: May 2018