Billionaire investor Carl Icahn has released a new video below that warns of dire consequences coming for financial markets from low interest rates which ‘should have been raised six months ago’ but now the ‘Fed is boxed in a corner’. He is ‘the most hedged he’s been...
“In the world of finance, the only black swans are the history that investors have not read.” – William Bernstein Following the 2007-09 financial crisis, many investors decided they needed insurance on their portfolio to protect against the possibility of another...
Two months ago the precious metals complex became extremely oversold and ripe for a rebound. Two months later and the overbought condition and bearish sentiment has been alleviated to some degree. Sadly for bulls, Gold barely rebounded while both Silver and gold...
“In a roaring bull market, knowledge is superfluous and experience is a handicap.” – Benjamin Graham The third quarter has mercifully come to an end. Ye shall not be missed. This was the worst quarter for Wall Street in four years. All told, the S&P 500 lost...
Curve Watcher’s Anonymous points out 3-month treasury yields dipped briefly negative on several days recently. Yield on the 3-month bond was negative again today. Here is a table I put together with Treasury Yield Quotes from Bloomberg. Treasury Yields vs. Month...