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With A Historic -150% Net Short Position, Carl Icahn Is Betting On An Imminent Market Collapse

With A Historic -150% Net Short Position, Carl Icahn Is Betting On An Imminent Market Collapse

Over the past year, based on his increasingly more dour media appearances, billionaire Carl Icahn had been getting progressively more bearish. At first, he was mostly pessimistic about junk bonds, saying last May that "what's even more dangerous than the actual stock market is the high yield market." As the year progressed his pessimism become more acute and in December he said that the "meltdown in high yield is just beginning." It culminated in February when he said on CNBC that a "day of reckoning is coming."

M. King Hubbert: The Limits To Oil

Submitted by Adam Taggart via PeakProsperity.com,

M. King Hubbert did more to raise awareness of the finite nature of global oil reserves than any other person, living or dead. He was a larger-than-life figure, who fought tirelessly to insert the limits of nature into the national dialog regarding the strategic use of resources. Yet surprisingly little has been publicly documented about the man, even though we are hurtling ever faster into a future shaped by the very limits he warned about.

Options Traders Confidence Collapses Most Since August Crash

Options Traders Confidence Collapses Most Since August Crash

The realized (actual) volatility of the US equity market has plunged in recent weeks to its lowest since April 2015 as an odd complacency washed across risk assets emboldened by "whatever it takes" synonyms spewing from every and any central banker in the world. However, options traders appear to be losing faith in the market turmoil cease-fire as implied volatility (the market's best guess at future uncertainty) trades at its largest premium to historical volatility in over a year.

Record Number Of Parents Tell Kids They're On Their Own When It Comes To College Bill

Record Number Of Parents Tell Kids They're On Their Own When It Comes To College Bill

The current outstanding student loan debt in the United States is roughly $1.3 trillion, and getting bigger by the second.

The good news (for those not concerned about economic realities), Obama has just set the precedent that loans will be forgiven, the bad news, parents are now telling their kids to take out more student loans if they intend on going to college. But there is a twist.

 

The Twilight Of The Gods (aka Central Bankers)

Submitted by Satyajit Das (former banker and author of The Age of Stagnation),

The current financial market volatility increasingly reflects loss of faith in policy makers. Celebrity central bankers are learning that they must constantly produce new miracles for their followers.

First, the measures implemented since 2009 created an artificial stability and an asset price boom in many markets.

 

But the absolute rate of GDP expansion and level of price changes is inadequate to solve global debt problems.

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