What investors have been fretting about finally happened: Russia invaded Ukraine Wednesday night. Bears have been correct in saying that we won’t see even an intermediate bottom until there is real fear – and we haven’t seen it yet. Well,…
The uncertainty around a Russian invasion of Ukraine combined with a three day weekend created a tough spot for traders. If Russia does indeed invade Ukraine, I suspect the market will tank when it reopens on Tuesday. If Russia does…
Gold had a big day Friday in the wake of the news that we might be going to war with Russia over Ukraine. The Gold ETF (GLD) was +1.91% on 3x average volume. Combine potential geopolitical conflict – and don’t…
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It is an extraordinary measure for a central bank, particularly the purchase of financial assets to encourage the decline in risk premiums. To be explicit on that point and to extensively influence market interest rates and risk premiums, the Bank…
Fascinating front page article in today’s Wall Street Journal on central banks around the world intervening to try and prop up the dollar and prevent their currencies from appreciating so much against it: “World Tries To Buck Up Dollar”, The…
We relied too much on the U.S. market. …… China’s ability to consume has now reached a fairly high level. It’s at a turning point. – Tom Tseng, General Manager of bicycle manufacturer Tandem Industries, whose U.S. sales have fallen…
Erin Burnett interviewed investment legend Julian Robertson on Street Signs yesterday. The second part of the video isn’t working so here is the first part. I’ve e-mailed CNBC because I’m dying to see part two as well. In this video,…