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Financial Execs Urge Fed To Rein In “Over-Exuberance… Hangover Will Be...
In a stunningly honest turn of events – though likely self-preserving – a number of senior financial services executives are reportedly urged authorities around the world to bolster their...
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With Greece “Nowhere Close” To Deal, Depositors Pull €300 Million From Banks...
On Tuesday, Greece postponed a scheduled Eurogroup meeting in Brussels without offering a reason as officials conducted “preparatory” discussions and held an evening teleconference with creditors....
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Last Two Times This Happened, Stocks Crashed
Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter Global growth is languishing, corporate revenues too, but CEOs are trying to show they can grow their companies the quick and easy...
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The Real Reason Why There Is No Bond Market Liquidity Left
Back in the summer of 2013, we first commented on what we called “Phantom Markets” – displayed quotes and prices, in not only equities, FX and commodities but increasingly in government bonds, without...
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3 Things: Autos, Old People, Buybacks
Submitted by Lance Roberts via STA Wealth Management, Auto Sales The media was especially excited this past week when auto sales were announced to have topped 17 million cars. This was the highest...
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Get Used to Selloffs, Central Bankers Say as They Fret about the Terrifying...
Wolf Richter www.wolfstreet.com www.amazon.com/author/wolfrichter Axel Weber, president of the Bundesbank and member of the ECB’s Governing Council until he quit both in 2011 to protest the ECB’s...
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One Of These Two Is Wrong
On Grexit: Ex-SNB Head / Blackrock CIO – HILDEBRAND SAYS SEES NO SHORT-TERM CONTAGION ON POSSIBLE GREXIT Dutch Central Bank - GREXIT WOULD SHOCK FINANCIAL MARKETS: DUTCH CENTRAL BANK and now ECB –...
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Corporate Buybacks: Connecting The Dots To The F-Word
Submitted by Michael Lebowitz via 720Global.com, Over the course of history in the financial markets, Wall Street has continuously invented increasingly creative ways to peddle its wares under the...
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Meet The Participants Of This Year’s Bilderberg Conference
Here are the participants in the Bilderberg meeting over the weekend in Tirol. It is named after a Hotel Chain where the first meeting took place on May 29-31, 1954 in Austria. As the G7 summit of the...
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The $3 Trillion Traffic Jam: “It’s About Time We Started Worrying About The...
"It’s about time we start getting worried about possibly the next [financial crisis]," warns BlueMountain's James Staley explaining that, "the lack of liquidity that currently exists today, is...
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Consumers Are Not Following Orders
Submitted by Jim Quinn via The Burning Platform blog, Last week the government reported personal income and spending for April. After months of blaming non-existent consumer spending on cold weather,...
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China Politburo Opines On Market Crash: “Black Friday Massacre”
Big trouble in big over-leveraged China… China's Politburo official mouthpiece Xinhua summed up the bloodbath in China in one tweet overnight… Again?Black Friday. China shares dive 7.4%?worst single...
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An Inadvertent Warning From BlackRock – Get Your Money Out Of Mutual Funds ASAP
Via Investment Research Dynamics, BlackRock Inc. is seeking government clearance to set up an internal program in which mutual funds that get hit with client redemptions could temporarily borrow money...
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Frontrunning: June 30
EU in last-ditch bid to Greece, urges “yes” vote to bailout (Reuters) In? Out? In between? A Greek legal riddle for EU (Reuters) Tsipras Says EU Won’t Eject Greece as Cost ‘Immense’ (BBG) Empty Greek...
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Icahn Vs. Fink: Wall Street Legends Clash Over “Dangerous” ETFs
In the interest of not burying the lead, so to speak, we’ll begin with a clip from this week’s Delivering Alpha conference. In it, Carl Icahn essentially rehashes everything we’ve said over the past...
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Friday Humor: The “Risk Profile” Of The Russell 1000 ETF
On Thursday, Hong Kong Exchanges & Clearing CEO Charles Li said China’s stock market was the “safest in the world.” In light of recent events – specifically, the harrowing margin unwind that...
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Wall Street Prepares To Reap Billions From Another Main Street Wipe Out
On Monday evening, we noted that market participants are reducing the size of their trades and turning to derivatives in order to avoid the perils associated with what are increasingly illiquid...
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PIMCO “Sees Long-Term Value” In Chicago’s “Junk” Ahead Of Key Court Ruling
Back in May, the Illinois Supreme Court set a de facto precedent for lawmakers across the country when a bid to cut pension benefits was struck down in a unanimous ruling. Anyone who might have been...
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Is This Why Hillary Clinton Just Went Nuclear On Short-Term Capital Gains Tax?
In her second economic speech as a Presidential candidate, Hillary Clinton is set to take on the “tyranny of the next earnings report,” a nod to the destructive myopia and pervasive foolishness that...
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The FBI And DOJ Get Involved: Hillary Clinton Sent Confidential Emails From...
It’s not that Donald Trump needed help in his juggernaut campaign across the GOP presidential primary with his lead in the double digits at last check, but moments ago the flamboyant billionaire got an...
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