Category: Markets
Guest Post: How Long Before Massive Government Debt Buildup Triggers Another Financial Shock?
From Madeline Schnapp, Director of Macroeconomic Research at TrimTabs
Stimulus Tactic of Increasing Government Debt to Increase GDP Broken and Unsustainable. How Long before Massive Government Debt Buildup Triggers Another Financial Shock?
Sometimes a …
Goldman Market Summary: "Long-Only Buying Vs. Hedge Fund Selling"
Curious how the world’s most important trading desk saw the action today? Here it is.
Following yesterday’s post-close losses, stocks managed to open quite well. Perhaps the result of a better UMich print. Perhaps the start of a typical Friday …
Fitch Downgrades JPM To A+, Watch Negative
So it begins, even as it explains why the Dimon announcement was on Thursday – why to give the rating agencies the benefit of the Friday 5 o’clock bomb of course:
JPMorgan Cut by Fitch to A+/F1; L-T IDR on Watch Negative
What was the one notch collat…
Treasury Yields Post Longest Consecutive Weekly Decline In 14 Years As Credit Tumbles
BTFD/STFR Deja-Vu – check. Credit underperforming – check. USD higher – check. Treasury Yields lower – check. Ask an equity guy how today was and you’ll likely get a shrug of the shoulders (unless he owns JPM or CHK); ask a credit guy (if you can pull …
STOCKS FALL, JP MORGAN AND CHESAPEAKE GET DESTROYED: Here’s What You Need To Know (DIA, SPY, QQQ, JPM)
They really effed up this time.
First the scoreboard:
Dow: 12,831, -23.9, -0.1%S&P 500: 1,357, -1.4, -0.1%NASDAQ: 2,933, -1.0, -0.0%
And now the top stories:
After yesterday’s closing bell, JP Morgan hosted a surprise conferen…
Chesapeake Plays Chicken With Market, Plunges, Blinks, Plunges Some More
In the span of 30 minutes CHK managed to crush both longs and shorts in the name.
First, just after 3pm Eastern, the company filed an NT 10-Q announcing it would delay its 10-Q filing. The reason:
Chesapeake Energy Corporation (the “Company”…
Odd One Out Getting Odder
Just in case you were wondering if there was any fall-out from the JPM/Iksil debacle. The investment grade credit indices are getting Corzined here from IG9 10Y to the latest and greatest IG18 5Y. Equity markets will not stand idly by as the investment…
The Mother of All Hooks
The Mother of All Hooks
Courtesy of Russ Winter of Winter Watch at Wall Street Examiner
Over the course of my thirty five year investing life I have noticed that markets often trade on hooks. A hook is when most participants develop a preconc…
Mike Krieger: "Six Months Left… Can They Do It?"
Submitted by Mike Krieger of Libertyblitzkrieg
Six Months Left…Can They Do It?
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which b…
CRAMER: The Board Needs To Treat Chesapeake Energy ‘Like The Cancer It Is’ (CHK)
Jim Cramer believes Chesapeake Energy’s board needs to address CEO Aubrey McClendon’s purported conflicts of interest much more aggressively.
In an interview with The Street, Cramer said Chesapeake’s board needs to appoint an indep…
