-Global high debt, aging demographics and slowing economy causing paradigm change, trade wars are merely a symptom- Illiquidity in Repo money markets signals impending banking issues - Debt bubble rather than Equity Bubble - Private Equity’s WeWork Valuation Raising Questions within Asset Class - Curtains are Exposing the Inability of Central Bankers to Manage Interest Rates … [Read more...] about Unrooting the Debt
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Energy Markets Test Limits: US Natural Gas Rallies as Crude Oil Collapses
Crude Oil weak collapses creating a buying opportunity to buy at $45-47 Natural Gas tests $3.00 resistance as heads into injection season Government bond prices continue to collapse as global growth constrained by political uncertainty US Debt Ceiling – 3/15 Netherlands Parl. Elections – 3/15 French Pres Elections - 4/23 & 5/ 7 Iran Pres Elections - … [Read more...] about Energy Markets Test Limits: US Natural Gas Rallies as Crude Oil Collapses
OPEC Jolts Market as Liquidity Tightens
The monkey remains at work distracting us with the drama of the 2016 US elections meanwhile liquidity tightens as debt problems lurk and turmoil continues in the Middle East. The Sunday, December 4 Italian constitutional referendum has the potential to make a real impact to our financial markets by intensifying political uncertainty in Europe. While the shock of a Trump … [Read more...] about OPEC Jolts Market as Liquidity Tightens
Year of the Monkey A Squeeze on Liquidity
2016 is the year of the Red Monkey which officially begins with the Chinese New Year on Monday, February 8. Monkeys are curious and smart but their intelligence also makes them naughty, wily and vigilant. Their tricks on the markets seemed to have started early -- global equities and commodities began the year with a sell-off severe enough to imply a run on liquidity. Oil fell … [Read more...] about Year of the Monkey A Squeeze on Liquidity