“Financial markets think the only realistic option for the U.S. and North Korea will be to sit down and talk at some point because other options are too costly for everyone involved. But no one can rule out the risk of accidents. Markets think the chicken game will continue for now and North Korea will remain a risk.”
- Masayoshi Kichikawa, chief strategist at Sumitomo Mitsui.
Authored by Alastair Crooke via ConsortiumNews.com,
America’s Deep State players have tied down President Trump on Russian sanctions and other foreign and economic policies but that doesn’t mean the struggle is over...
President Trump has had his foreign policy hands and feet tied by the Russia (and Iran) Sanctions Act.
Authored by John Mauldin via MauldinEconomics.com,
My friend James Montier, now at GMO, and his associate Matt Kadnar have written a compelling piece on why passive investors should avoid the S&P 500.
Their essay argues that the forward growth potential of the S&P 500 is significantly lower than that of other opportunities, especially emerging markets.
Let’s look at a few of their charts.
Authored by Peter Tchir via Brean Capital,
I continue to be focused on tail risk. While I think valuations may be stretched, my bigger concern is that the real risk lies in market structure – more specifically to volatility and correlation strategies that quickly propagate through the financial markets with the aid of algorithmic trading.
Authored by Lance Roberts via RealInvestmentAdvice.com,
No, I am not talking about “Hurricane Harvey” which will likely be the first hurricane to strike the Texas coast since 2008, but rather the potential for another “debt ceiling” debacle brewing in Washington.