An Angry Rudy Havenstein Lashes Out: "No, The Fed Is Not Populist"
Submitted by Rudy HavensteinAfter years of seeing terrible market news and commentary, I’m pretty jaded, but when I saw the recent Marketwatch op-ed, “Janet Yellen’s true legacy is her focus on...
View ArticleExpect Desperate, Insane Behavior From Government In 2018 – Part 2
Authored by Mike Krieger via Liberty Blitzkrieg blog,The financial crisis of 2008/09 was the most significant event to happen in my lifetime. That event, coupled with the deeply unethical and corrupt...
View ArticleFive Ways To Short Bitcoin
Looking to put bitcoin’s rise in context? How about this: Over the last five years, the world’s most valuable digital currency has risen an astonishing 11,000,000%. Furthermore, since Jan. 1, it has...
View ArticleFrontrunning: October 31
Mueller’s Moves Signal Broad Scope (WSJ)Spain awaits next move by ousted Catalan leader from Belgium (Reuters)China, South Korea agree to mend ties after THAAD standoff (Reuters)For Manafort,...
View ArticleSEC Hires JPM Banker As Its Most Important Markets Regulator; May Blow Up HFTs
Yes, it's another glaring case of "revolving door" cronyism between Wall Street and the SEC: on Wednesday, the Securities and Exchange Commission announced it had hired Brett Redfearn, a JPMorgan...
View ArticleDARPA Asks HFT Traders How Hackers Will Crash The Market
Having been responsible for the biggest flash crashes in recent years, it is no surprise that when it comes to the market's growing structural vulnerabilities, high frequency traders have emerged as...
View ArticleBernanke Proposes "Price-Level Targeting" Before Next Crisis, Admits There...
Having taken a four month hiatus from blogging, Citadel advisor and former Fed chair Ben Bernanke penned another article on his Brookings blog in which he discusses a familiar subject: that the Fed has...
View ArticleGoogle And Facebook To The Moon... Or Peak Advertising?
By Chris at www.CapitalistExploits.atIn the late 90's and early 2000's, I spent a lot of time travelling through a host of the world's airports.This naturally meant spending an inordinate amount of...
View ArticleDollar Ends Best Week Of The Year With A Whimper As Global Stocks Push All...
The dollar rally paused on Friday and looked poised to finish its best weekly gain of the year with a whimper, when in a repeat of the Thursday session the, Bloomberg dollar index first rose more than...
View ArticleKen Griffin's Citadel Is Returning Money To Some Hedge Fund Clients
Despite the expert guidance of one Ben Bernanke, the world's once most levered hedge fund, Citadel, is reportedly returning money to some global hedge-fund clients.Bloomberg reports that Ken Griffin’s...
View ArticleGoldman Interviews Former Head Of The Plunge Protection Team
Brian Sack may be rolling in the green these days thanks to his current employer, quant behemoth D.E. Shaw, but before Sack was trading the market, he was the market (which also explains his rather...
View ArticleInvestors Redeem Half Of Paul Tudor Jones' Main Fund In Past Year
The woes for hedge funds continued in the second quarter, and nowhere more so than among the macro fund community, which posted its worst first half since 2013, losing 0.7% , and according to Hedge...
View ArticlePhotos Of Aleppo Rising: Swimsuits, Concerts And Rebuilding In First...
When taxi and bus drivers take journalists into Syria via the Beirut-Damascus Highway these days, there's a common greeting that has become a kind of local tradition as the drivers pull into their...
View ArticleSilver Flash Smash was a 'Glitch'- SKG Comment
Last night, unofficial comments from sources were framing the flash crash event as a 'glitch' and they were ' all over' solving it. This implies there was no person or fat fingered banker spoofing...
View ArticleHedge Fund Traders Return To Banking As Trump Promises To 'Make Prop Trading...
The hedge fund industry is finding itself in increasingly dire straits as persistently weak returns and the advent of low-cost investing have forced more and more funds to shut down. So, it's...
View ArticleRegulators Are Probing RenTec's "Secret Trading Code"
With the world's most mysterious, and profitable, quant fund - Renaissance Technologies - recently finding itself in an unfamiliar place: under the harsh public spotlight, and worse - in the context of...
View ArticleThe Bilderberg 2017 Agenda: "The Trump Administration - A Progress Report"
Every year, the world's richest and most powerful business executives, bankers, media heads and politicians sit down in some luxurious and heavily guarded venue, and discuss how to shape the world in a...
View ArticleTurkish-American Relations At Crossroads
Authored by M.K.Bhadrakumar via The Strategic Culture Foundation,When President Donald Trump received President Recep Erdogan on Tuesday at the White House, his legendary deal-making prowess was be on...
View ArticleTop Hedge Fund Manager Pay Tumbles To Lowest Since 2005
Last week news emerged that as a result of the deteriorating local economy, coupled with a plunge in hedge fund profits, the capital of Connecticut - Hartford - was preparing for bankruptcy. Among the...
View ArticleHedge Funds Pile Into Just Six Tech Stocks
Last week we showed a fascinating statistic demonstrating just how poor market breadth has been in the latest push higher by the S&P: according to Goldman, as of May 10, just 10 companies have been...
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