It is the 23rd of May 2018

News

An Unexpected Warning From Goldman Sachs: "Something Is Not Quite Right"

  • admin
  • 12 hours, 48 minutes ago
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It was just over 9 years ago today when we wrote  "The Incredibly Shrinking Market Liquidity, Or The Upcoming Black Swan Of Black Swans" in which we explained how as a result of the growing influence of HFT, quants and central banks, the market itself was breaking. We also highlighted what the culmination of the market's "breakage" could look like:

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Stormy Daniels' Lawyer Ordered To Pay $10 Million Fine In Legal Feud

  • admin
  • 13 hours, 42 minutes ago
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Michael Avenatti's problems just keep piling up. 

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RBOB Extends Losses After Surprise Gasoline Inventory Build

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  • 13 hours, 49 minutes ago
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After the worst day for energy stocks in two weeks as crude turned negative amid reports that OPEC is said to be considering raising oil output, WTI rallied and RBOB kneejerked lower after API reported a smaller than expected crude draw and surprise gasoline build.

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Gundlach Live Webcast: Latest Market Observations

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  • 14 hours, 9 minutes ago
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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 cocktail" and cautioning that Treasury yields may continue to rise, potentially in response to the shrinking Fed balance sheet...

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

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  • 14 hours, 26 minutes ago
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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...

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