Trader: Markets Have Entered A “Terribly Negative Dynamic”

After issuing a dire warning first aimed at Italy, which he said is “on the verge of inducing a fresh European crisis“, followed with an ominous prediction that “Turkey’s goose is cooked“, overnight Bloomberg macro commentator and ex-Lehman trader Mark Cudmore looks at the bigger…

Gundlach Live Webcast: Latest Market Observations

Just two weeks after his latest live webcast, in which the DoubleLine CEO and CIO laid out his latest outlook on assets and the economy, once again reiterating his “late cycle’ long commodities thesis, while warning that “rising rates and deficits are a pretty dangerous…

Turkey Trounced, Italy Bounced, As US Stocks Puke Up Trade-Truce Gains

Trump took a few shots at China today, which didn’t help, but realistically today’s drop makes as much sense as yesterday’s rally on the back of absolutely nothing from China… While there was some dip-buying in Italian banks (and bonds) today…   We note that…

Harvard To Give Hillary Medal For “Transformative Impact On Society”

Hillary Clinton, who paid for an opposition research dossier which was used by the Obama administration to justify surveiling her political opponent, Donald Trump, and later to smear him as the sitting President, will receive Harvard’s prestigious Radcliffe Medal on Friday for having a “transformative impact on society,” according to…

Devin Nunes describes DOJ leak trap he and Trey Gowdy avoided

Devin Nunes fully understands the depths to which the cover-up forces within the Department of Justice will stoop to protect their misdeeds from exposure and is smart enough to avoid being a patsy. VISIT THE SOURCE ARTICLE Devin Nunes describes DOJ leak trap he and Trey…

This Is How The “Oil Price Shock” Will Hurt The US Economy

One month ago, when looking at the sharp spike in oil and gasoline prices (which at the time averaged $2.73), we said that the surge in energy costs  – largely the result of geopolitical risk emanating from Iran for which Trump was been responsible –…

The Average Croatian Doesn’t Leave Home Until They’re 32!!

Figures from Eurostat have revealed the average age at which young people leave their parent’s house in Europe. You will find more infographics at Statista As Statista’s Martin Armstrong reports, at the top of the list is Montenegro where the nest is generally flown at the ripe…