Tech Flows Are Finally Rolling Over

While one wouldn’t see it by looking at the S&P 500 which in fits and starts continues to push toward its January all time highs, the latest weekly flows saw a broad “risk off” shift in investor mood, with $3.6BN out of equities ($0.7bn ETF outflows,…

Venezuela Surpasses Weimar As Hyperinflation Expected To Hit 1,000,000% By Year End

Some readers may recall this headline from January 2018 “IMF Projects Venezuela Inflation Will Soar to 13,000 Percent in 2018.“ This, it turns out was just a little bit off, because as we reported only two weeks ago, Venezuela’s annualized inflation hit an annualized rate…

Goldman Closes Out “Top Trade” To Short Treasuries

After calling the market’s peak earlier in the year when it said that the January market meltup marked the top of the S&P, last Friday, Morgan Stanley took its top-calling ways to the bond market after its global head of interest-rate strategy Matthew Hornbach wrote…

What’s Behind Facebook’s Flip On Crypto Ads?

Authored by Michael Scott via Safehaven.com, After outright banning cryptocurrency ads in January, Facebook has now back-tracked, saying the ban wasn’t the right approach and not in the spirit of innovation. “In the last few months, we’ve looked at the best way to refine this…

Supreme Court Cell Phone Decision Is a Victory for Reality

Expand A woman uses her cell phones in Manhattan, New York, U.S., January 30, 2018. © 2018 Reuters In today’s five-to-four majority opinion in Carpenter v. United States, the US Supreme Court found that police need to get a warrant from a judge before demanding…

The Best And Worst Performing Assets In May And YTD

The peaceful days of 2017 are long gone, and after the furious January market melt-up, the February vol explosion, the March tech crunch, the April dollar and rate spike, the month of May was perhaps the most memorable of all. And while May featured a…

13 Of 19 Bear Market Indicators Have Now Been Triggered – BofA

At the end of January, just as the S&P hit all time high, Bank of America caused a stir when it announced that one of its proprietary “guaranteed bear market” indicators created by the Bank of America quants was just triggered. As we said at…

The End Of Stimulus? (And The Start Of The Crash?)

Authored by Chris Martenson via PeakProsperity.com, Back in January of 2016 we saw what appeared to be, and in my opinion should have been, the end of the Everything Bubble blown by the word’s central banking cartel. The carnage started in the emerging markets. Highly-leveraged positions and…

The Emerging China-Iran-Pakistan Alliance Is Directed Decidedly Against The United States

Authored by Lawrence Sellin, op-ed via The Daily Caller, In a January 10, 2018 Daily Caller article titled “China May Have Just Brokered An Iran-Pakistan Accommodation,” I outlined the extensive diplomatic and military initiatives underway in the past year to foster reconciliation between Iran and…

The World Bank Should Stop Dodging Accountability

Expand Police officers stand in front of the U.S. Supreme Court in Washington, U.S., January 19, 2018. © 2018 Reuters The private sector arm of the World Bank has long come under fire for funding projects that run afoul of human rights. But, because it…