With stocks tumbling and bonds and bullion bid, Wall Street's best and brightest weigh in on what traders should expect next after news of the cruise missile attack.
Investors are looking for response from Russia and other countries to gauge market impact of the U.S. strike on Syria (via Bloomberg)
Westpac Banking Corp (Sean Callow, senior strategist)
By Chris at www.CapitalistExploits.at
Market dislocations occur when financial markets, operating under stressful conditions, experience large widespread asset mispricing.
Welcome to this week’s edition of “World Out Of Whack” where every Wednesday we take time out of our day to laugh, poke fun at and present to you absurdity in global financial markets in all its glorious insanity.
One month after a major shake up at Bridgewater, which saw Ray Dalio step down as co-CEO, as well as the departure of the recently hired former Apple executive Jon Rubenstein, the world's largest hedge fund has lost its head of trading, Jose Marques, who according to Business Insider is in the process of leaving the firm. Additionally, the head of front office transformation, Jeff Wecker, has already departed the firm.
Prior to Bridgewater in 2015, Marques was the head of electronic trading at Deutsche Bank.
Authored by Simon Black via SovereignMan.com,
For the last several days I’ve been speaking at an investment conference organized by my friends Robert Helms and Russell Gray.
It’s been great so far, and my fellow speakers here include the legendary Robert Kiyosaki, G. Edward Griffin, Peter Schiff, and many more.
One of the key themes so far in the event is that there are likely problems ahead for the US real estate market.
Seemed appropriate...