I was asked by another publication to write up the difficulties of the exchange-traded market last Thursday and am sharing the gist of the article with my subscribers, with permission of course. The selloffs in the ETP (exchange...
Read MoreToday I am going to lecture the majority of my readers who are males (80%), rich (of course) and older than their wives (standard.) You need to include your wife in your investment decision making. Women live longer than men....
Read MoreAfter my ladies who lunch lunch yesterday I know whom to blame for the Thursday sell-off last week, and it is not Goldman Sachs, Morgan Stanley, or Citigroup. It is the way specialists or marketmakers operate, according...
Read MoreChinese inflation came in over estimates with the national CPI up 2.8% in April from the prior year level. Moreover, the hot-hot real estate sector saw inflation at 12.8%, another record figure. The banking sector boosted houing...
Read MoreWhat was expected to be a mild correction last week turned into the Thursday panic – not in Europe where there was a problem with Greece, but right here in the USA. There was absolutely no macro-economic reason for the...
Read MoreA note to reader Dr RG about sell in May and go away., That Wall Street adage goes back to the pre-air conditioning days when downtown Manhattan was intolerable in the summer. Big bankers went off to Newport RI in their yachts...
Read MoreTo Paid Subscribers Only:
Read MoreFor our paid subscribers only, here are our new trades:
Read MoreFrom Adam Carr, Senior Economist, ICAP Australia: Sentiment soured again last night, the Vix index pushing up another 6% or so – contagion the word of the moment. There is no new news as such, riots in Greece are...
Read MoreTo paraphrase Tolstoy, all happy markets are alike but each unhappy market is unhappy in its own way. Australia hates raising interest rates and the threat of higher taxes on resource extractor companies. Tolstoy’s...
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