Buy Gold, Sell Small Caps – PIMCO Warns Late-Cycle Risks Are Rising

Authored by Mihir Worah via PIMCO, EXECUTIVE SUMMARY At this stage in the cycle, investors should consider inflation risk, market dispersion, recession risk and other key factors we discuss in our midyear update. We identify five opportunities for the near term as well as provide…

Turkish Gold Futures Volume Explodes As Silver Slammed To Lowest Since April 2009

Update: While it seems American (dollar) investors see no value in the barbarous relic, Bloomberg reports that Gold futures volumes have surged on the Borsa Istanbul as the volatile currency attracts speculation and after the lira’s plunge boosted the local price of metal. The 90-day…

Europe’s Thinnest Market In 18 Years Sends Ominous Signal

While US investors are fighting each other off to buy stocks (well FANG stocks), Chinese and European equity markets have suffered in recent months amid growth concerns and trade war fears. One might not know it looking at the Euro Stoxx 50 Volatility Index hovering…

Everyone Hears The Fed… But Few Listen

Authored by Michael Lebowitz via RealInvestmentAdvice.com, “See no evil, hear no evil, speak no evil” Currently, investors appear to be covering their eyes, ears, and mouths and ignoring the Federal Reserve’s (Fed) determination to increase interest rates. This divergence of outlooks between investors and the…

Why One Analyst Thinks It’s Time To Sell The FAANGs

While the FAANG stocks remain a favorite group for both institutional and retail investors, having been responsible for all the market gains in the first half of 2018, a new round of warnings about their future performance has emerged in recent days. On Wednesday, during…

Hedge Fund Billionaire Singer To Hold On To AC Milan

Last weekend we reported that as part of the failure of a Chinese investor’s inability to make a €32 million debt owed to Paul Singer’s Elliott Management, the legendary investor and hedge fund billionaire was set to take control over the legendary Italian soccer club,…

Trade Tumult Sparks Safe-Haven Bid For US Bonds & Mega-Cap Tech Stocks

Investors chose to ‘barbell’ their portfolios today (if you want to believe that such a thing as ‘investors’ exist) – seeking protection from trade wars by buying bonds and buying the biggest cap, highest valuation, tech behemoths – makes perfect sense really… Chinese stocks were…