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How black swans are shaping planet panic

How black swans are shaping planet panic A case can be made that the current financial panic will only subside when the ultimate black swan – Covid-19 – is contained.  Is the planet under the spell of a pair of black swans – a Wall Street meltdown, caused by an alleged oil war between Russia […]

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The Delicate Balancing Act To Protect Wealth Is Full On

The Delicate Balancing Act To Protect Wealth Is Full On We Are Walking A Tightrope  The delicate balancing act to protect wealth is now in full crisis mode. The key players are central banks across the world and the corrupt bankrupt governments they seek to protect. At risk is the global financial system that has […]

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Special Report: Panic Sets In As “Everything Must Go”

Special Report: Panic Sets In As “Everything Must Go” Note: All charts now updated for this mornings open. The following is a report we generate regularly for our RIAPRO Subscribers. You can try our service RISK-FREE for 30-Days. Headlines from the past four-days: Dow sinks 2,000 points in worst day since 2008, S&P 500 drops more […]

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S&P Opens Down 7%, Triggers Circuit-Breaker – Halted For 15 Mins

S&P Opens Down 7%, Triggers Circuit-Breaker – Halted For 15 Mins It’s a Monday morning replay. S&P cash markets have opened down 6.7%, bounced a little, before tumbling back down to a 7% loss, triggering the first system-wide circuit-breaker, causing markets to halt trading for 15 minutes. During US trading hours (Cash) Level 1: 7% fall […]

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Nasdaq Futures Limit-Down, Crude Crashes After Trump Announces EU Travel Ban

Nasdaq Futures Limit-Down, Crude Crashes After Trump Announces EU Travel Ban Shortly after President Trump began his address to the nation, enacting a full travel ban from European nations for the next 30 days, the markets started to get upset. S&P 500, Nasdaq and Dow futures fall 4-4.5% Both Brent and WTI futures down more […]

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Brace for impact

Brace for impact What a week we just had in the precious metals market. From a huge drop last Friday–which in the past would have presaged further declines the following week–to a significant rebound in the gold price, coupled this time with a major drop in the US dollar–which I will argue may be the […]

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As Stocks & Oil Surge, Credit Market Carnage Continues

As Stocks & Oil Surge, Credit Market Carnage Continues Everything must be awesome again, right? Stocks are up. Oil is up. Bond yields are up… and no one has said the word “bloodbath” on CNBC yet this morning. However, those pesky kids in the credit markets won’t let stocks get away with it as HY […]

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A Shift in the Global Financial Order Is Upon Us

A Shift in the Global Financial Order Is Upon Us The collapse in bond yields, exacerbated by the crash in oil prices, marks an end to the era of trust in central banks. OPEC+: A 24-Hour View Coronavirus. That will be the first and last time this column mentions that word. Despite the weekend’s many developments […]

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Global Recession “Appears Inevitable” – Guggenheim’s Minerd Fears Cascading ‘Butterfly Effect’

Global Recession “Appears Inevitable” – Guggenheim’s Minerd Fears Cascading ‘Butterfly Effect’ In January, Guggenheim CIO Scott Minerd warned that ultimately, markets will need to reprice for this rising risk with increased bond spreads relative to Treasury securities. However, that day of reckoning when spreads rise is being held off by the flood of central bank liquidity and international […]

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Black Monday… Part Two

Black Monday… Part Two At its lows today, this was the market’s biggest down day since 1987 (by the close the biggest since Oct 2018)! In a reflection of the total loss of faith policymakers among BTFDers, @Sentimentrader notes that: This is the only day in the history of S&P 500 futures that they gapped […]

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Major Liquidity Crisis Likely As Covid-19 Spreads

Major Liquidity Crisis Likely As Covid-19 Spreads The corona-virus has the potential to foster a major liquidity crisis, call it a liquidity issue if you want but the system could be on its way to freezing up! People and companies may decide to, or be forced, to hoard the money they have when they begin to […]

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“Calamity”: Nomura Warns Or VaR Shock Adding To “Untradeable Markets”

“Calamity”: Nomura Warns Or VaR Shock Adding To “Untradeable Markets” Over the weekend, in our initial response to the shocking Saudi “scorched earth” price war declaration, we said that “once Brent craters on Monday to the mid-$30s or lower, the accompanying implosion in 10Y yields could make the record plunge in yields seen on Friday a dress […]

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Markets Implode, Coronavirus Cases In Europe & US Explode, As Outbreak Slows In South Korea: Live Updates

Markets Implode, Coronavirus Cases In Europe & US Explode, As Outbreak Slows In South Korea: Live Updates Update (0650ET): As case counts explode across Europe, it looks like Spain – conveniently, Europe’s fourth-largest economy – will be next to cross the 1,000-confirmed-case threshold. SPANISH CORONAVIRUS CASES JUMP TO 999: HEALTH MINISTRY The health ministry has also […]

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Dual Coronavirus, Oil Shocks Crash World Markets, 10Y Yield Craters, Futures Pinned Limit Down

Dual Coronavirus, Oil Shocks Crash World Markets, 10Y Yield Craters, Futures Pinned Limit Down Global stocks plunged with the Emini locked limit down for the longest period on record, crude oil tumbled as much as 33% as WTI plunged as low as $27.34, and the yield on the 10Y Treasury crashed to an all time […]

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Destruction By Definition

Destruction By Definition Major U.S. stock market indexes yo-yoed about all week.  On Monday, panic selling from last week turned to panic buying.  Decades of Fed intervention have conditioned stock market investors to step in front of semi-trucks to scoop up nickels. The Dow Jones Industrial Average (DJIA) jumped 1,290 points.  This marked its biggest-ever […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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