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Recent News
- Tech Wreck Goes Global – Chinese Stocks Slump Most Since 2016As we have noted numerous times, “as goes China’s credit impulse, so goes the world,” which means there’s trouble ahead as the impulse has rolled over… Source: Bloomberg And that roll-over has coincided with the ‘apparent’ death of growth stocks and while most eyes are on US big-tech, Chinese tech stocks crashed overnight, with tech-heavy […]
- Will Powell Spook Stocks (& Bonds) In Today's Speech?Authored by John Davies and Steve Englander via Standard Chartered, Powell was not concerned by higher yields early last week but he may change his tune on 4 March Brainard has already admitted that more recent price action has caught her attention We expect Powell to flag scope for a policy response if rising long-term […]
- Powerful 7.3 Earthquake Hits Off New Zealand, Sparks Tsunami WarningA powerful earthquake struck off New Zealand’s North Island at 2:27 a.m. local time on Friday, registering a preliminary magnitude of 7.3, according to United States Geological Survey (USGS). *7.3 MAG. EARTHQUAKE 238 KM ENE OF GISBORNE NEW ZEALAND :USGS — zerohedge (@zerohedge) March 4, 2021 USGS warns “hazardous tsunami waves” are possible 300km (186 miles) […]