Monthly Archives: November 2018

Global Risk Monitor – November 23

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Ten Good Weekend Reads

Here comes a $40 handle on crude! Why good forecasters become better people – FT  To make predictions, keep an open mind and understand what you don’t know Trump, Xi Signal Readiness for Trade Talks Ahead of G-20 Meeting – … Continue reading

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The Magic Economics of Gambling

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Happy Thanksgiving: Why I Am Thankful

I am most thankful for the human spirit of kindness, compassion, and empathy. This is our hope and where we need to invest most to accumulate true treasures, which cannot be destroyed, burned, or stolen. Hoarding toys and the relentless … Continue reading

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Deutsche Bank, Again

Whenever we see markets tanking as they have been for the past few days with the Dow down almost 1,000 points (3.7 percent) since Friday’s close, we think counterparty risk may be spooking traders and investors.   We suspect, and we … Continue reading

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MoMo Building For A “People’s Vote” In The U.K.

Pressure continues to build, just as we said it would after the U.S. midterm “bitch slap” of the Trump administration,  for a second referendum on BREXIT, which will likely lose. Polls now show British public opinion in favor of remaining in … Continue reading

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S&P Levels To Watch

We maintain our view there is a high probability the 2018 S&P500 intraday low at 2532.69 will be tested, which is 5.87 percent below today’s close. The next levels to watch are closes below 2641.24 and 2581.0, the recent and … Continue reading

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Short Covering In Bond Pits And The S&P

Well, the virtual bond pits. Looks like specs are getting spooked and covering their bond shorts. Stunning, however,  that the 10-year note yield is right about where it was on September 21st when the S&P500 made its intraday all-time high … Continue reading

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The Lessons of Quantitative Easing | Stephen Roach

A decade after the US Federal Reserve launched one of the boldest policy experiments in the modern history of central banking, economists and policymakers are still debating its implications. To prepare for future crises, five key lessons should be kept … Continue reading

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QOTD: Vincent Van Gogh

“If you hear a voice within you say ‘you cannot paint,’ then by all means paint, and that voice will be silenced.” — Vincent Van Gogh

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