Content
Bubble Forming In US Middle Market Leveraged Finance
Article By:
Sober Look
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Friday, September 12, 2014 3:15 AM EDT
US middle market leveraged buyout (LBO) transactions are becoming increasingly frothy. According to the latest data from Lincoln International, risk-return fundamentals in the space are worse than they were in 2007.
Currency Hedged Stock ETFs Can Protect A Diversified Portfolio
Article By:
Gary Gordon
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Thursday, September 11, 2014 4:05 PM EDT
The U.S. economy has been growing at an annualized pace of roughly 2% since the current expansion began in June of 2009. Gross Domestic Product for the first half of 2014 hovered around a paltry 1%.
Less Of A Dollar Story, More About Sterling, Yen And Aussie
Article By:
Marc Chandler
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Wednesday, September 10, 2014 7:26 AM EDT
We have identified two forces lifting the US dollar: positive developments in the US and negative developments elsewhere. Last week's ECB meeting and next week's FOMC meeting, however, are not the driving forces presently.
Has Goldman Lost Its Mind? Now Its Betting Against Hedge Funds
Article By:
Tyler Durden
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Thursday, September 4, 2014 4:10 PM EDT
It seems like it was only yesterday when Goldman was predicting either two-thirds chance of a 10% correction in stocks, said that the S&P is either 30% or 45% overvalued relative to its historical value.
Who Is Short Treasurys? (Spoiler: Pretty Much Everyone)
Article By:
Tyler Durden
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Friday, August 29, 2014 3:38 PM EDT
Then the Fed came and ever since then the main question has been where the highest concentration of shorts is, just to squeeze the margin call daylights out of them, and generate alpha (a strategy we highlighted back in 2012).
A World Without Fractional Reserve Banks And Central Planning
Article By:
John Rubino
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Wednesday, August 27, 2014 4:36 PM EDT
Now, is this critique of the current monetary system just impotent ideological whining over something that, like the weather, can’t be changed? Or could fractional reserve banking and the resulting need for economic central planning actually be replaced by something better?
Margin Debt & Trends
Article By:
Martin Armstrong
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Wednesday, August 27, 2014 3:01 AM EDT
The debate over the pending crash in the stock market seems endless. Whether or not margin debt as reported by the NYSE has relevance any more is an interesting question in a world in which the retail investor has abandoned investing (decline in liquidity).
How Hedge Funds Are Making Money In 2014: The Full Strategy Breakdown
Article By:
Tyler Durden
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Monday, August 25, 2014 6:29 AM EDT
Goldman's David Kostin breaks down the full array of strategy "baskets" used by hedge funds at this moment to outperform the market in 2014.
Thrilling Thursday – Will Jackson Hole Give Us S&P 2,000?
Article By:
Phil Davis
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Thursday, August 21, 2014 8:40 AM EDT
Will this time be different? I certainly hope so because last time, we plunged about 5%, back to 1,904 over the next 10 sessions and it's taken us another 10 to claw our way back for another attempt at an all-time high.
Björn Paffrath: Mining Sector Bottom Is In And Opportunities Abound
Article By:
The Gold Report
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Tuesday, August 19, 2014 4:47 AM EDT
Since the crisis in 2008, most of the well-known indexes, such as the Dow Jones Industrial Average or the German DAX, have almost doubled, and many individual companies have performed even better.
This Is Your Recovery And This Is Your Recovery Without Drugs
Article By:
James Quinn
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Tuesday, August 19, 2014 3:09 AM EDT
Wages have been stagnant since the START of the supposed recovery in 2010. Real median household income, even using the highly understated CPI, is on a glide path to oblivion.
Is The SEC Asking These Hedge Funds Why They All Rushed Into Allergan Last Quarter?
Article By:
Tyler Durden
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Monday, August 18, 2014 12:44 PM EDT
The stock soared, and Ackman made a killing on his calls, allowing Pershing Square to return about 30% YTD, a fact which has prompted Bill Ackman to put his recent investing debacles with Herbalife and J.C.Penney behind him and boldly proclaim he is preparing to take his hedge fund public.
Effective Power Hedging – Demonstrated Using PMA
Article By:
David K. Bellman
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Monday, August 18, 2014 12:21 PM EDT
Whether you are a buyer, or seller, of power, an effective hedging program will save you from a ton of headaches, and questions.
Reaching For Yield
Article By:
James Hamilton
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Monday, August 18, 2014 6:43 AM EDT
The unfunded liabilities of the San Diego County Employees Retirement Association have increased every year for the last five years, reaching $2.45 billion last year, more than quintuple the level in 2008.
Bill Ackman On Why Using Debt To Buyback Stock Is Great And Much More: Full Q2 Investor Letter
Article By:
Tyler Durden
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Wednesday, August 13, 2014 1:32 PM EDT
Everyone is finally focusing on the strategy of bloating any available company with massive leverage in order to use the proceeds to either buyback stock or engage in "synergy-creating" M&A (leading to countless pink slips).