zerohedge April 22, 2018

Authored by Sven Henrich via NorthmanTrader.com, In early March I mused about a market paradox, one where tech would make new highs on a negative divergence while the $DJIA would not make a new high. This event did indeed transpire and it still may have significant implications as it is so very reminiscent of the […]

zerohedge April 21, 2018

The price of oil has been steadily climbing this year, but Venezuela’s financial situation remains as dire as ever. And in the latest sign of just how desperate the country’s people are for basic necessities like food and medicine, Breitbart reports that police in Venezuela attacked patients and doctors outside Venezuela’s Health Ministry in Caracas […]

zerohedge April 21, 2018

Discussing recent trends in the bond market, Citi’s credit strategists point out that there have been a lot of surprised traders this year, because i) the first half was supposed to be fine “like last year”, and ii) IG was supposed to keep outperforming HY. And yet, contrary to expectations, both investment grade and junk […]

zerohedge April 21, 2018

Are governments making promises about pensions that they might not be able to keep? According to an analysis by the World Economic Forum (WEF), there was a combined retirement savings gap in excess of $70 trillion in 2015, spread between eight major economies.. As Visual Capitalist’s Jeff Desjardins notes, The WEF says the deficit is […]

zerohedge April 21, 2018

When one considers the US cities with the highest levels of wealth inequality between rich and poor residents, Boise Idaho probably isn’t anywhere near the top of the list. But surprisingly, as more people flee California, cities like Boise are seeing an influx of wealthy residents as economic opportunities in the region soar. As Bloomberg […]

zerohedge April 21, 2018

Attorney General Jeff Sessions told the White House recently that he might quit if his President Trump fires Deputy AG, Rod Rosenstein. Jeff Sessions, Rod Rosenstein and Solicitor General Noel Francisco dine together in late February near the Justice Department. Sessions reportedly warned White House counsel Donald McGahn of his position in a phone call last […]