FEDERAL RESERVE HAS INSTILLED AN UNPRECEDENTED LEVEL OF MARKET COMPLACENCY It is reported: Last week we noted that something unusual had happened in the equity market volatility complex. Specifically, VIX had collapsed at its fastest pace in history. From over 36 to almost a 10 handle a week ago, the Fed’s flip-flop had re-energized the sell-vol-at-all-costs trade that has […]
TRIGGER$ May 2019
RECOGNIZING SOCIAL CHANGE IS HARD, BUT MAYBE EVEN HARDER TO ACCEPT?
RECOGNIZING SOCIAL CHANGE IS HARD, BUT MAYBE EVEN HARDER TO ACCEPT? The Greatest Political Challenge of the next decade will be the fallout from”Inequality” We are in the initial stages of a long-term tectonic social shift which will change the financial markets as we now know them forever. Already Capitalism has morphed into “Creditism” which […]
RESTAURANT CHAINS FEELING CHINESE DRIVEN MEAT PRICE INFLATION
RESTAURANT CHAINS FEELING CHINESE DRIVEN MEAT PRICE INFLATION Bloomberg reports: Meat costs are finally going up, and that’s weighing on a dining industry that’s already reeling from rising minimum wages. McDONALDS: McDonald’s Corp. warned investors Tuesday its 2019 commodity costs in the U.S. could rise as much as 3 percent, more than the 1 to 2 […]
FLUOR (FLR): MATASII SHORT PLUMMETS ~23% IN ONE DAY!!
FLUOR (FLR): MATASII SHORT PLUMMETS ~23% IN ONE DAY!! NEWS Why Fluor Stock Is Cratering Today Yahoo Finance Fluor (FLR) Reports Q1 Loss, Lags Revenue Estimates Yahoo Finance Fluor Corp. CEO Steps Down Amid Poor Quarterly Earnings D Magazine Fluor CEO Resigns as Company Slashes Guidance, Marring Stock Wall Street Journal Fluor’s (FLR) Shares Decline […]
ENDING DIAGONAL TERMINATION WAVES EVERYWHERE!
ENDING DIAGONAL TERMINATION WAVES EVERYWHERE! Elliott Wave’s “Ending Diagonals” The ending diagonal is a special type of wave that occurs in Wave 5 of an impulse, or the last wave of a correction pattern – Wave C of an A, B, C correction. This wave often occurs when the preceding move of the trend has […]
US “PONZI FINANCE” STAGE BEGINS IN 2024
US “PONZI FINANCE” STAGE BEGINS IN 2024 Endgame: Starting In 2024, All US Debt Issuance Will Be Used To Pay For Interest On Debt HIGHLIGHT The stylized cycle of the US “Minsky Moment”suggests the US will enter the penultimate, Ponzi Finance, phase – the one in which all the new debt issuance is used to fund only […]
A BAD DAY FOR GOOGL TAKES DOWN THE FAANGS $100B
A BAD DAY FOR GOOGL TAKES DOWN THE FAANGS $100B GOOGL spooked Nasdaq futures (as did weak China PMI and Mulvaney’s comments of the China-US Trade Talks)… With investors having hugged their margin clerks for months, hoping to chase outsized returns during what many have dubbed a melt up, today they are hugging the […]
ECB WARNS: STRUCTURALLY LOW EU BANK PROFITABILITY A STABILITY CONCERN
ECB WARNS: STRUCTURALLY LOW EU BANK PROFITABILITY A STABILITY CONCERN Low bank profitability in the euro area remains a concern, according to European Central Bank Vice President Luis de Guindos. In a speech in London Wednesday after a proposed merger between Deutsche Bank AG and Commerzbank AG broke down said: Consolidation in the sector remains necessary, […]
LABOR MARKET SENTIMENT FALSELY SPIKES CONSUMER CONFIDENCE
LABOR MARKET SENTIMENT FALSELY SPIKES CONSUMER CONFIDENCE The Conference Board reported that April Consumer Confidence rebounded from 124.2 to 129.2, a sharp beat to the 126.8 expected. The Present Situation Index – based on consumers’ assessment of current business and labor market conditions – increased, from 163.0 to 168.3. The Expectations Index – based on […]
THE COMING ‘BLACK SWAN’ IS ACCELERATING DE-DOLLARIZATION
THE COMING ‘BLACK SWAN’ IS ACCELERATING DE-DOLLARIZATION We have built markets bubbles based on false assumptions that have consequences. Accelerating De-Dollarization will soon be the “grim reaper” of reality! The coming Black Swan is De-Dollarization! FALSE ASSUMPTIONS The 1999 repeal of the Glass-Steagall Act of 1933 was in the best interests of the American economy […]