Back when oil was at $100 and above, the Saudi economy was firing on all cylinders, and nobody even dreamed that the crown jewel of Saudi Arabia - Aramaco - would be on the IPO block in just a few years.
Considering the lengths to which the G-20 goes to "not discuss" Japan's burgeoning debt-to-GDP and monetization scheme, you know the elites are starting to panic when Germany backs France's call for a full discussion on the regulation of Bitcoin at their next G-20 meeting.
As Coindesk reports, France's finance minister is planning to push for a discussion on bitcoin regulation at a G-20 summit in 2018.
Once upon a time Jefferies was the country's biggest junk bond trading shop, with a small investment banking group on the side. Now, it's the other way around.
Authored by Lance Roberts via RealInvestmentAdvice.com,
In last week’s Technical Update, I discussed the potential for the S&P 500 to hit 2700 by Christmas. To wit:
“The current momentum behind the market advance is clearly bullish, and with the ‘smell of tax reform’ in the air, there is little to derail the bulls before year-end.
Starting July 1, 2018 stock markets around the world are going to get yet another artificial boost courtesy of a decision by the $350 billion California Public Employees' Retirement System (CalPERS) to allocate another $15 billion in capital to already bubbly equities. Of course, if this decision doesn't make sense to you that's because it's not really meant to make sense.