Party turns into bloodbath. Happening right now beneath the surface of the S&P 500.
They buy near the top and sell near the bottom, getting fleeced at each market swoon. With broader consequences.
Ivar Kreuger was a financial genius. But his innovations sank his empire of monopolies, as they would Enron, Bear Stearns, Lehman….
Stocks, bonds, and the future? A seatbelt-mandatory read by David Hay, Chief Investment Officer of Evergreen Capital.
The consensus of economists never sees a recession until after it begins.
The word “gloomier” inconveniently shows up to describe CEOs’ outlook.
The spike came with no trader buzz. The buying was all electronic and instantaneous. But what will algos do when momentum flips?
LBO volume plunges to the lowest level since crisis year 2009.
San Francisco Fed: Investors are pricing in “a later liftoff date” for the federal funds rate and a slower pace of tightening than FOMC participants themselves.
“We run carelessly to the precipice after we have put up a façade to prevent ourselves from seeing it.”