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S&P Futures At Record High After "Shocking" UK Election Result

S&P Futures At Record High After "Shocking" UK Election Result

"Triple Threat Thursday" is now a distant memory, with both the ECB and Comey testimony "non-events" for the market, although the UK general election was a shocker in which contrary to expectations, Theresa May lost her majority in Parliament, sending sterling tumbling overnight and prompting even more confusion about the UK's political fate and the future of Brexit. That however did not spook risk assets, and on Friday morning, European stocks gained with Asian stocks little changed, while S&P500 futures were set for new all time highs. Just like after Brexit, it was U.K.

While My Qatar Gently Weeps

While My Qatar Gently Weeps

By Chris at www.CapitalistExploits.at

Menopause, I'm told, is horrible.

Men don't know too much about it, and thankfully I've not been exposed to it... yet. One minute you're hand in hand on the beach with your sweet adoring wife and the next she's a sobbing wreck who wants to stab you in the thigh with a pair of knitting needles.

This is probably just how Qatar feels right now.

"I'm Very Concerned" Elliott's Singer Says Market Risks Higher Today Than 2008

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.

 

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