Presidents Day (For Millennials)
"Change" you just can't believe...
Source: Investors.com
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This Is Wall Street At Its Most Fatalistic: "Markets Are Now Coupled In A "Destructive” Way"
The text that follows may be the best summary of what has happened on Wall Street - both forensically and philosophical - over the past 7 years, explaining how central banks broke the "market", and why traders, investors, regulators, policy makers, and everyone else suddenly has no idea either what is going on or what to do next. Not surprisingly, it comes from Deutsche Bank, which this week has been staring at the corpe of Lehman Brothers and wondering if it is next...
From DB's Aleksandar Kocic
Asphyxiation -- code orange?
What Energy Bankers Are Really Saying: "We Are Looking To Save Ourselves Now"
There are three important observations in the latest "Things We've Learned This Week" weekly report from Credit Suisse's James Wicklund.
Should You Buy "Falling Knives"
Long before the saying "BTFD" emerged on Wall Street as a result of some $13 trillion in central bank liquidity injections (now rapidly unwinding as a result of the failure off the Petrodollar and the so-called Quantitative Tightening) which made corrections impossible if not yet illegal, the phenomenon of buying sharply falling stocks had a different name on Wall Street: "catching a falling knife" (alternatively "dash for trash").
"A Market Collapse Is On The Horizon"
Submitted by Gail Tverberg via OilPrice.com,
What is ahead for 2016? Most people don’t realize how tightly the following are linked:
1. Growth in debt2. Growth in the economy3. Growth in cheap-to-extract energy supplies4. Inflation in the cost of producing commodities5. Growth in asset prices, such as the price of shares of stock and of farmland6. Growth in wages of non-elite workers7. Population growth