Friday, March 31, 2017

ZeroHedge

RBC: Two Things Are Behind Today's Rally

According to RBC's cross-asset strategist, Charlie McElligott, two things are behind today's (painfully volumeless) market rally: i) a return of "policy divergence", following yesterday's hawkish announcements by the Fed ("up to...

McCaskill Opens Probe Into Opioid Drugmakers, But Omits Nation's Worst Offender From Her Home...

Authored by Kyle Plantz via InsideSources.com, U.S. Sen. Claire McCaskill, D-Mo., opened an investigation Tuesday into the role drug companies may have played in the nation’s opioid epidemic. She requested internal documents...

South Korea's Ex-President Park Arrested On Bribery Charges

After being formally impeached just three weeks ago, former South Korea President Park Geun-hye was arrested on Friday in connection with a corruption scandal that led to her removal from office,...

Five Charts That Obliterate the Common Market Narratives of 2017

Market narratives are myths. Look at this chart. Which asset class would have been better to own in 2017 thus far… the blue line or the black line? It’s obviously a no brainer,...

“Trickle Down” Has Failed; Wealth And Income Have “Trickled Up” To The Top .5%

Authored by Charles Hugh Smith via OfTwoMinds blog, Central bank policies have generated a truly unprecedented "trickle-up" of wealth and income to the top .5%. Over the past 20 years, central banks have...

In Ominous Sign For Banks, Equity Trading Revenues Continue To Drop

It's not just the HFT industry that has cannibalized itself so much, while spooking regular traders out of the markets, there is hardly any revenue growth left (as the WSJ showed...

The Definitive Brexit “Wall Chart”

Yesterday the UK government triggered Article 50 and fired the starting gun on a two-year negotiation towards the UK's exit from the EU. These negotiations will be complex and contentious, and...

How The “Trump Trades” Have Mutated Over Time, In Pictures

Is the Trump trade alive or dead: that is the question Bank of America analyst Savita Subramanian tries to answer in a report overnight, in which she notes that it is...

Are Markets Overlooking A Clear & Present Danger?

Authored by Lance Roberts via Real Investment Advice, There is in interesting dichotomy currently occurring within the economy. While consumer confidence, as reported by the Census Bureau, soared to some of the...

Energy Sector; Two Thirds chance they rally here

Below looks at the performance of the S&P 500 Sectors, looking back 5-years. The winner for the lowest performance is the Energy Sector (-1.42%). XLE is lagging the S&P 500 by...

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