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Styx vs Fuentes – The China Question

‘Gamma Cuts Both Ways’ – Nomura Fears ‘Volmageddon 2.0’ Amid Extreme Outlier Flows, Positioning

‘Gamma Cuts Both Ways’ – Nomura Fears ‘Volmageddon 2.0’ Amid Extreme Outlier Flows, Positioning Until this morning’s little interruption, markets over the past week are evidencing a scramble for upside (created by single-name “Growth” stocks i.e. TSLA), as the persistent “wall of worry” of the past 1.5 yrs is again being hurdled and leading us to […]

Inflation Expectations Have Become Unanchored

Inflation Expectations Have Become Unanchored Via SchiffGold.com, American consumers aren’t buying the transitory inflation narrative. Even after five straight months of annual CPI increases over 5%, Jerome Powell continues to insist inflation is “transitory” and the result of a “supply chain problem.” But according to the New York Federal Reserve Survey of Consumer Expectations, people aren’t buying […]

Michael Burry Claims Musk Selling Tesla Shares To Cover Personal Debts

Michael Burry Claims Musk Selling Tesla Shares To Cover Personal Debts Famous short seller Michael Burry of The Big Short game briefly emerged from a his latest self-imposed twitter exile to offer his thoughts on why Elon Musk might now all of a sudden be in the mood to start selling stock. Shortly thereafter, on […]

German Newspaper Highlights “Unusually Large” Number of Soccer Players Who Have Collapsed Recently

German newspaper Berliner Zeitung has published a report seeking to answer why “unusually large number of professional and amateur soccer players have collapsed recently.” Headlined ‘Puzzling heart diseases in football,’ the report begins by highlighting the case of FC Barcelona’s Sergio Agüero, the 33-year-old striker who recently had to be withdrawn from a match after […]

Rabobank: We All Know That If Stocks Slump, The Fed Will Boost QE To Push Them Back Up

Rabobank: We All Know That If Stocks Slump, The Fed Will Boost QE To Push Them Back Up By Michael Every of Rabobank The Fed’s bi-annual Financial Stability Report is making headlines: “Prices of risky assets keep rising, making them more susceptible to perilous crashes if the economy takes a turn for the worse.” It […]

Tim Cook Admits Owning Crypto, Says “Reasonable Holding In A Diversified Portfolio”

Tim Cook Admits Owning Crypto, Says “Reasonable Holding In A Diversified Portfolio” Apple CEO Tim Cook was interviewed by Andrew Ross Sorkin this morning as part of the DealBook Conference. He revealed that he owns some crypto personally, says “he’s been interested in it for a while” and “thinks it’s reasonable to own it as […]

Robinhood Down, Users Unable To Transfer Money Out

Robinhood Down, Users Unable To Transfer Money Out Just hours after admitting that 5 million users’ email addresses were hacked, Robinhood is in trouble again. DownDetector reports that a number of users are reporting outages on the system: But perhaps more troublesome, it appears there are issues with money transfers, vis Robonhood’s status page: Investigating – […]

TSLA Plummets: $150BN In Market Cap Gone In Minutes; Did Elon Start Selling?

TSLA Plummets: $150BN In Market Cap Gone In Minutes; Did Elon Start Selling? Many traders were confused by yesterday’s TSLA action where the stock rebounded and nearly closed green on Monday despite Musk’s rather explicit advance notice over the weekend that he would sell 10% of his TSLA holdings (after a twitter poll told him […]

Buchanan: Did Glasgow Deliver “Blah, Blah, Blah”?

Buchanan: Did Glasgow Deliver “Blah, Blah, Blah”? Authored by Pat Buchanan, At the end of the first week of the Glasgow climate summit, 100,000 protesters marched to denounce the attendees as phonies who will never honor their commitments to curb carbon emissions. Despite pledges by 100 nations to reduce methane emissions by 30% by 2030, […]

Biden Weighs Tapping Strategic Reserves As He Threatens OPEC+ With “Undisclosed Tools”

Biden Weighs Tapping Strategic Reserves As He Threatens OPEC+ With “Undisclosed Tools” The Biden administration is considering tapping into the nation’s Strategic Petroleum Reserve (SPR) to lower prices at the pump. Biden has even touted an “arsenal of tools” to deal with OPEC+ to boost crude output.  On Monday, Energy Secretary Jennifer Granholm told MSNBC “an announcement” could […]

Internal Report: More Than Half Of Border Patrol Agents May Be Fired For Being Unvaccinated

Internal Report: More Than Half Of Border Patrol Agents May Be Fired For Being Unvaccinated By Steve Watson of Summit News An internal report from within the US Customs and Border Protection agency suggests that more than half the border patrol workforce remains unvaccinated, and that if vaccine mandates are implemented it could leave just […]

Bond Yields Are Tumbling As ‘Policy Error’ Panic Resumes

Bond Yields Are Tumbling As ‘Policy Error’ Panic Resumes US Treasury yields are tumbling across the curve this morning (despite a record high PPI print) with the long-end outperforming (30Y -6bps, 2Y -2.5bps) This has pushed 30Y Yields down to their lowest since before September’s FOMC statement… Which has driven the yield curve (2s30s) to […]

Shares Of Lingerie Company Naked Group Pop 28% On Acquisition Of AI Autonomous Driving Company, Plans To Change Name

Shares Of Lingerie Company Naked Group Pop 28% On Acquisition Of AI Autonomous Driving Company, Plans To Change Name Everybody is gunning for a piece of the market’s EV momentum right now.  The latest instance was this morning, when shares of Naked Brand Group – formerly described as a “specialist digital intimate apparel and swimwear […]

Mother Who Exposed School Pedo Porn Books Says Board Has Banned Her From Entering The Library

A mother in Virginia claims she has been banned from entering her child’s school library after she checked out sexually graphic books and read them out loud in front of board officials in a video that subsequently went viral. Stacy Langton of Fairfax exposed how the school library contained books with gay porn and even […]

US Producer Prices Rise At Record Pace In October, Margin Pressure Continues To Build

US Producer Prices Rise At Record Pace In October, Margin Pressure Continues To Build The non-transitory surge in inflation was expected to continue in October with analysts forecasting a 8.6% YoY rise in producer prices, and they nailed it (PPI +0.6% MoM as expected). That is a record high for headline PPI YoY at +8.6%… […]

Texas Filling Border Barrier Gaps With Shipping Containers

Texas Filling Border Barrier Gaps With Shipping Containers By Noi Mahoney of FreightWaves, Texas is filling gaps in its U.S.-Mexico border security plan by repurposing shipping containers. The shipping containers began being deployed in late October as barriers along portions of the U.S.-Mexico border in Eagle Pass, Texas, according to officials. “Texas Gov. Greg Abbott […]

Internal Report: More Than HALF Of Border Patrol Agents May Be FIRED For Being Unvaccinated

An internal report from within the US Customs and Border Protection agency suggests that more than half the border patrol workforce remains unvaccinated, and that if vaccine mandates are implemented it could leave just 8000 officers on duty. The document, obtained by Fox News, notes that 48 percent of agents have not registered their vaccination […]

Futures Flat As Yields, Dollar Slide On Speculation Demo-Dove Brainard Will Replace Powell

Futures Flat As Yields, Dollar Slide On Speculation Demo-Dove Brainard Will Replace Powell For the second session in a row, S&P 500 futures reversed earlier losses and traded flat after falling as much as 0.3% earlier in the run-up to today’s PPI report – the first of a couple of readings on inflation this week […]

Kamala Harris Is Most Unpopular VP EVER; Even More Disliked Than Dick Cheney

A USA TODAY/Suffolk University Poll released last week shows that Kamala Harris is now the most unpopular Vice President in history, even more unpopular than the dark overlord Dick Cheney at the height of the Iraq war stagnation. The poll found that Harris only has a 28 percent approval rating, with 51 percent disapproving of the […]

5 Signs Stock Market Investors Are Too Bullish

5 Signs Stock Market Investors Are Too Bullish Authored by Lance Roberts via RealInvestmentAdvice.com, As investors rush to pile into the stock market, there are 5-signs they may be getting too bullish. Such was a point we touched on in this past weekend’s newsletter: “Every week it feels like we get a new headline about financial […]

Poll: 39 Per Cent of 18-24 Year Olds Now Identify as LGBTQ

A new poll by Arizona Christian University has found that 39 per cent of 18-24 year olds now identify as LGBTQ. Yes, really. The survey, carried out in partnership with Foundations of Freedom, asked young Americans to choose a self-description, with over two-thirds of those aged 18-24 saying they were lesbian, gay, bisexual, trans or […]

GE Soars After Announcing Plan To Split Into 3 Separate Companies

GE Soars After Announcing Plan To Split Into 3 Separate Companies Roughly 3.5 years after being booted from the Dow, GE announced Tuesday that it will split into three companies after years of activist shareholders pushing for structural changes as its stock has perennially lagged the market. The split will create three separate companies focused […]

NatGas ‘Stabilization’ Sparks Massive Gains For Hedge Fund Hurt By September Surge

NatGas ‘Stabilization’ Sparks Massive Gains For Hedge Fund Hurt By September Surge For at least one hedge fund, the last few months have been the worst of times and the best of times. Amid the chaotic energy crisis erupting around the world, Miami-based Statar Capital, which manages about $2bn in assets, suffered major losses in […]

White House Won’t Rule Out Mandating Vaccine For Domestic Air Travel

The Biden White House has refused to rule out extending its vaccine mandate to cover domestic air travel. On the day that U.S. airports re-opened to fully vaccinated international travelers for the first time in 20 months, the possibility that Americans using them would also have to be fully jabbed remains open. After she was […]