The Jewish Pesach (Passover) started yesterday along with the full moon (eclipse) and Janet Yellen gave us nosebleed by not mentioning anything about monetary policy in her speech, leaving the market LOST and… Continue reading
“…Wall Street banks and their foreign rivals have paid out $100bn in US legal settlements since the financial crisis, according to Financial Times research, with more than half of the penalties extracted in… Continue reading
Global sentiments are not hot. The Citi US Economic Surprise Index (CESIUSD) is at an 18 month low notwithstanding the S&P 500 and bond yields. Given the way markets are reacting, we would… Continue reading
Market is talking about the suicide of a trader or salesperson in Hong Kong as was reported in the SCMP and Apple Daily. http://www.scmp.com/business/banking-finance/article/1430296/man-leaps-death-jp-morgans-headquarters-central The word is that he was just 33 and… Continue reading
Even on New Year’s eve the S&P looked more or less healthy, market pundits from the talking heads on CNBC to your local real estate agent or hairdresser spoke of 2014 being another… Continue reading
“The ideal target would be a sell-off into Feb 7; and a rally thereafter.” There is simply too much information and disinformation out there that it complicates the matter unnecessarily. In yours truly… Continue reading
USD strength or USD weakness ? The USD fell against 18 of 21 major currencies since last Friday and the release of a better than expected non farm payrolls number. High beta currencies… Continue reading
It is a case schizophrenia if we read what is out there. For the ordinary investor reading bank reports, you would think 2014 will be the roaring 20’s again as a new Bonnie… Continue reading
I found a nice little honeycomb washed off the tree. It had come unstuck. Stuck is the situation most people are in. Stuck to their mortgages, stuck to their investments, stuck to their… Continue reading
Groundhog Day : The Jaws Of Death & Hindenburg Again ? May 2014 Edition
by2 people told me today that they are a tad confused about what to do in the markets and that they cannot see any clear trend developing. What about the 10Y US treasuries… Continue reading →