With Traders “Completely Lost”, Here Are The Consensus And Contrarian Trades

Overnight, Credit Suisse released an aptly titled report which author Andrew Garthwaite called “Client perspectives: lost and bearish” in which he writes that “two words summarise client marketing in the past month: ‘lost’ and ‘bearish’. This is the first time…

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4 Warnings And Why You Should Pay Attention

When I was growing up my father, probably much like yours, had pearls of wisdom that he would drop along the way. It wasn’t until much later in life that I learned that such knowledge did not come from books,…

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BlackRock, The Stock Market, & The Alleged Evils Of “Volatility”

The Alleged Evils of “Volatility” Whenever there is talk in the popular press or in the mainstream financial press about “heightened volatility” in the stock market, it is a euphemism for “the sucker is going down!”. Naturally, with most market…

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When The Aristocracy Leaves The Commoners In The Dust, The Empire Is Doomed

We all know the barriers between the commoners and the Elite rise higher every year, despite the claims of the corporate media and the Power Elite aristocracy. Historian Peter Turchin identified “the degree of solidarity felt between the commons and…

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How and Why Banks Will Seize Deposits During the Next Crisis

As we noted last week, one of the biggest problems for the Central Banks is actual physical cash. The financial system is predominantly comprised of digital money. Actual physical Dollars bills and coins only amount to $1.36 trillion. This is…

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The Rate Hike Ship Has Sailed: Goldman Sees “Higher Probability Of Liftoff Not In 2016 But In 2017”

Two weeks ago, and just before Janet Yellen hinted that “nominal interest rates cannot go much below zero” (so just a little, and exactly is a “little” in Fed speak?) Goldman explained that when it comes to a rate hike, the…

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Is The U.S. About To Break One Of Its Own Nuclear Treaties?

Bill Richardson could teach Donald Trump something about the art of the deal. He has done a lot of them. Richardson also wrote a book about the art of the deal, the big deal, entitled “How to Sweet-Talk a Shark;…

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Caught On Tape: Dramatic Footage Of Russia’s First Airstrikes In Syria

As we reported earlier this morning, at the “request” (whatever that means in the context of Russian politics) of Vladimir Putin, Russian lawmakers have approved airstrikes in Syria and unlike the rather deliberate pace of Washington’s efforts to rout ISIS, Moscow…

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Consumer Confidence Spikes Near 8-Year High Amid Global Turmoil But “Hope” Fades

For the second month in a row, US Consumer Confidence (according to The Conference Board) soared in September. Printing 103.00 (smashing expectations of 96.8) in September, this is just shy of January’s high going back to August 2007. The biggest driver…

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America Is Losing Faith In The “Recovery”

Despite the promises of all the central planners that wage growth is coming (any day, week, month, quarter now with the recovery promised originally in first half of 2012 now delayed to the 9th half ), it appears that Americans are…

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