equities

The following is a letter to clients from RBS’ Chief Market Strategist Bob Janjuah that is making the rounds (hat tip Scott). Dear All I am deeply troubled by the world and markets. THIS IS AN UBER BEAR EARLY WARNING ALERT:...I know its…

A bartender at my neighborhood pub recently asked me how the Shanghai stock market was performing. I said it was at about 2,600 points. He jumped and said, “No! The Communist Party wouldn’t let that happen.” He spent the next 10…

I have posted the chart below from Chart of the Day before. The previous time I pointed out that there are three super cycles in the chart and the current super cycle is much different from the two previous ones if March 9, 2009 was the…

David Rosenberg has a piece out that is relatively upbeat given the carnage in stock markets yesterday and his well-known bearish views.  He notes the positive to the recent market declines; they have taken the froth out of a few…

The song is "Don't Panic" by Coldplay. I hope it takes the edge off. Enjoy.

Subscribe to Our News Feed If you would like to receive our links in real-time please follow me at @edwardnh. Must Reads ‘Major Crash’ Likely If Stocks Break May 7 Lows, Russell Says - BusinessWeek Hugh Hendry Shorts China, Betting…

Highlights Euro weakness persevered into the European session, with Germany’s naked short-selling ban announcement still in the limelight (see below). The euro has broken through the $1.22 mark, down to a low $1.2144 in Asia -  a…

Subscribe to Our News Feed If you would like to receive our links in real-time please follow me at @edwardnh. Must reads How P&G Plunge Derailed One Investor | TheStreet.com Congress blocks indiscriminate IMF aid for…

If an ECB in QE mode, €60 billion in cash, €440 billion from a pooled EMU effort and €220 billion from the IMF only lasts a week, then I'd humbly submit that we have a problem.

Highlights The US dollar is broadly mixed in still volatile market conditions.  The euro has been boosted by indications of a G7 conference call.  Sterling has been punished in the wake of the indecisive electoral outcome. …