Global Stocks Jump As Mega Merger Monday Closes April With A Bang

The ongoing surge in the dollar and the 10-Year Treasury’s daily battle with the 3.00% rate (which has proven to be a solid resistance level) have been pushed back to the backburner, as Merger Monday comes back with a bang following a trio of blockbuster…

Global Stocks Jump As Treasuries Rebound; China Surges On PBOC Easing Rumors

If the big story yesterday was the surge in 10Y TSY yields to just shy of 3.00% (2.996% to be precise), then it is only reasonable that the failure of the 10Y yield to rise above 3.00% overnight is today’s “big story”, and indeed as…

Russian Aluminum Giant Seeks Rescue From US Sanctions In China

One week ago, when we first discussed the upcoming surge in commodity prices – especially aluminum and nickel – following Trump’s latest Russian sanctions, which in turn sent the stock and bond prices of Russian aluminum giant Rusal crashing amid fears the company would be…

Bitcoin Heads For Best Week In 4 Months As Tax Overhang Lifts

Bitcoin is extending gains from yesterday’s high volume surge, back above $8,000 and up over 25% on the week – the best since early Dec 2017 – as the tax-driven selling overhang lifts ahead of Monday… As a reminder, CoinTelegraph reported that Fundstrat’s Tom Lee predicted…

Futures Tumble Amid Tariff, Payrolls, Powell Chaos

When summarizing yesterday’s market action, which saw the market surge for the third consecutive day and culminated with Europe’s best day since June 2016, we said that it all boiled down to one question: “Trade war or no trade war?” Until 6pm, the answer was…

Looking for a $3 million penthouse in Nashville? You have options.

BOOM: High-dollar condos surge in Nashville… (First column, 5th story, link) Related stories:Baltimore exodus as homicides soar…Seattle homeowners forced to move after tax hikes… VISIT THE SOURCE ARTICLE Looking for a $3 million penthouse in Nashville? You have options.

Spot The Real Bubble

After a seemingly unstoppable surge higher for years, March was a tough one for tech stocks, as the curtain was lifted exposing Oz-like machinations behind the scenes that spooked investors enough to pop the bubble of delusion so many were living in. After a magnificent…

After Record Debt-Fuelled Splurge, US Credit Card Usage Post Sharp Slowdown

After a massive surge in consumer credit in the last three months of 2017, when October thru December saw a massive increase in revolving and non-revolving credit, amounting to a total $73 billion, the Fed reported that 2018 started off with a whimper, with a…