Led by technology, equities traded lower. Some are pointing to yet another reduction in We Work’s valuation to under $8 billion. Several weeks ago it was valued around $47 billion. Others were pointing to Chinese data. While others suggested it was...
Several times I have referenced JP Morgan’s Jamie Dimon’s view about the state of today’s research reports. Dimon opined many reports lack credibility at best, but impact trading given the contents of the reports is often times repeated in the Blogosphere thus offering false...
The 8:30 headline describing September’s jobs data read “US Payrolls Miss Estimates as Wages Cool in Signs of a Significant Downshift.” The article stressed the nominal miss in both private sector and non-farm payroll gains ...
According to Bloomberg 30% of all investment grade securities now bear subzero yields. In other words lenders are paying borrowers to own $17 trillion of debt. In my view this is the ultimate bubble perhaps greater than the infamous tulip bulb frenzy of...
Many times I have commented about the imbalances of today’s markets, a viewed now shared by many including several regulatory agencies including the SEC. This view has not yet made into the mainstream but I ask is this about to change. ...