Via Greg Hunter's USA Watchdog blog,
Record high stock and bond prices are flashing danger signs to former Reagan White House Budget Director David Stockman.
Stockman contends,
“I don’t think we are going to have a liquidity crisis. I think it’s going to be a value reset. I think there is going to be a jarring downward price adjustment both in the stock market and in the bond market.
As if public pension managers around the country weren't having enough difficulty digging themselves out of their massive $3-$5 trillion funding gap, the chorus of liberal governors suggesting they should recklessly abandon their fiduciary obligations to future retirees and choose investments not on their financial merits but rather based on the political preferences of clueless politicians is growing stronger by the day. As Pensions & Investments points out today, New York Governor Andrew Cuomo is the latest such politician to jump on the bandwagon after suggesting that the New York S
The founder and CEO of Bridgewater, the world's largest hedge fund, was not exactly cock-a-hoop about Trump's tax reform plan ahead of this week's successful vote, and now that the details are out, Ray Dalio explains why the tax changes don't do what's needed to help America...
In the aftermath of the 'great recession,' private equity firms placed massive bets on subprime auto finance companies with the typical "thesis" going something like this: "well, people have to get to work don't they?"...genius, if we understand it correctly.
Yesterday morning we explained the latest and greatest get rich quick scheme in the stock market as follows:
Now that it is abundantly clear that for a stock to explode higher, all that is necessary - and sufficient - is a press release mentioning the company's name and throwing in the word "blockchain" in the same sentence (see Riot Blockchain, LongFin Corp, Net Element, and Nova Lifestyle) other public microcaps have decided that if that's all it takes, then by all means they will gladly take investors' money."