More Tomfoolery From the New York Fed?

Normally this author would not have time to comment on something as boring as the Federal Reserve Primary Dealer list. But to say there are […]

Screw the Turkey Sandwich, I’m Having a DEATHBURGER

So much for having a leftover turkey sandwich tonight as it would appear that the financial markets want to have a real Black Friday. That […]

And Another Major Chinese Property Developer Misses $205 Million U.S. Dollar Bond Payment

Remain calm, all is well, until it isn’t. With the Chinese markets closed for a holiday the next few days this breaking news story is […]

S&P Repeats its 2008-2009 Performance with Evergrande Ratings Cut

If anyone is a fan of the book or movie The Big Short, one has to remember the scene where Mark Baum confronts the S&P […]

United Kingdom Sells Bond with Negative Yield for First Time in History

20.05.20 05:45 ET The United Kingdom beat the U.S. in the race to the sub-bottom by selling a 3 year bond with so much demand […]

Everyone Bought the Fake Stock Rally – Except the Smart Money

28.04.20 20:20 ET The VIX has been artificially crushed. The speculators who bet that the market had further to fall have been artificially squeezed. Short […]