Perhaps it was the stress of stuffing his ex-wife’s air vents with dead fish, or simply the consistent inability to generate any alpha in his Janus Unconstrained Fund ever since departing Pimco in Oct 2014 in a scandal that rocked the asset management industry and led to a infamous schism between Gross and his former
Authored by Charles Hugh Smith via OfTwoMinds blog, The global economy is way past the point of maximum debt saturation, and so the next stop is debt exhaustion. Just as generals fight the last war, central banks always fight the last financial crisis. The Global Financial Crisis (GFC) of 2008-09 was primarily one of liquidity
Almost exactly one month after trend-following CTAs flipped to net short for the first time in three years… … accelerating the market’s slide into the Dec 24 bear market which lasted all of 5 minutes before a combination of Mnuchin’s invocation of the PPT (and bank liquidity check), Trump’s urge to buy stocks as it
Well, was Powell really that dovish? Not if you ask the FX traders as the dollar index has surged back above pre-FOMC statement levels… And as the dollar spikes, WTI crude tumbles… For now oil’s drop is not hitting stocks (despite the recent strong correlation between the two)…
Kristoff St. John was found dead at age 52. He is best known for his role on “The Young and the Restless.” (Getty) Kristoff St. John, best known for his role on the long-running soap opera “Young and the Restless,” died Sunday, Fox News has learned. He was 52. A lawyer for the actor confirmed