Paul Singer just became the latest investing luminary to warn that the unprecedented monetary stimulus adopted by the Federal Reserve and other major central banks in Europe and Asia has elevated market risks to their highest levels since before the great financial crisis.
“I am very concerned about where we are,” Singer said Wednesday at the Bloomberg Invest New York summit.
As the world awaited "Thundering Thursday" and all its potential for panic... this happened in the markets...(NSFW)
While stock markets remain comfortably numb to any and every potential (and actual) geopolitical earthquake, FX markets are getting very anxious...
Polls showing the Conservative Party has lost its comfortable lead have increased uncertainty over today’s U.K. election and investors are now paying the price.
One month ago, Goldman made an interesting observation: unlike the first big drop in oil prices in 2015/2016 when junk bonds, mostly those of energy companies, dropped alongside oil and in many cases decline with an even higher beta than energy equities, in 2017, the relationship had flipped, and it was HY Energy was resisting lower crude, even as stocks are sliding far more than the recent drop in oil would suggest. This is what Goldman said:
Authored by Stephen McBride via MauldinEconomcis.com,
This year, the first Baby Boomers turned 70, and that spells trouble for the economy and financial markets.
Speaking at Mauldin Economics’ Strategic Investment Conference, chief economist and strategist for Gluskin Sheff, David Rosenberg, dissected the wide-ranging implications of the wave of Baby Boomers now retiring.
Fifty Million Americans Aged Over 70 By 2030