Realism Is The New Pessimism (Or Why 4% GDP Targets Are Ludicrous)
You are here
Business
Hedge Fund CIO: "Normally The Fed Would End This Bubble, But It Can't This Time For One Reason"
In his latest weekend notes, One River Asset Management CIO, Eric Peters, picks up where BofA's Mike Hartnett left off on Friday when he said that the "QE Monster" will only end when "the Wall Street bubble" finally shocks the Fed. Yes, but what will "end it", or better yet, what will "shock" Yellen and company out of their complacency?
Tesla Furious After AAA Hits Carmaker With Higher Premiums Due To "Abnormally High Claims"
AAA is raising premiums on Tesla vehicles by 30% after data showed that owners of Model S and Model X cars filed claims at abnormally high rates, and that those claims cost more compared with other cars in the same class, Automotive News reported.
Tesla, of course, is disputing the insurer's analysis.
Central Banks Now Own A Third Of The Entire $54 Trillion Global Bond Market
Two weeks ago we asked a question: maybe behind all the rhetoric and constant (ab)use of sophisticated terms like "gamma", "vega", CTAs, risk-parity, vol-neutral, central bank vol-suppression, (inverse) VIX ETFs and so forth to explain why despite the surging political uncertainty in recent years, and especially since the US election...
Gold and Silver Hated Now, Cryptocurrencies Loved. The Debate Rages Onward, and Here’s a Solution!
by JS Kim, Founder of SmartKnowledgeU and skwealthacademy, this article was first posted at smartknowledgeu.com/blog on 1 June 2017.