Venezuela bonds are tumbling after the WSJ reported that the US government was considering a ban on trading in the country’s debt. PDVSA’s 12.75% 2022s were trading at 44.75 this morning,dow...
Ok, well just when it looked like the last vestiges of the risk-off move had been summarily vanquished and relegated to the dustbin of post-crisis market history with Tuesday’s rally, the jitters ar...
Once upon a time about a decade ago, some hedge managers went to the bank and tried to withdraw funds sufficient to cover redemptions and learned to their clients’ and their dismay that that would b...
MKM Partners was upbeat on two Chinese e-commerce companies today, upgrading JD.com (JD) to Buy from Neutral and raising its price target on Alibaba (BABA) to $220 from $177. JD A BUY: JD.com share...
Below is a chart of the historical market caps for Alibaba (the Chinese version of Amazon) and Amazon.com (AMZN). As shown, Alibaba (BABA) actually had a higher market cap than Amazon.com for quite so...
Following my previous article — Peak Demand? No, A New Gasoline Demand Record— I received some interesting feedback from readers. It quickly became apparent that some didn’t understand that the...
More of Trump’s comments are moving the markets today but these only seem to matter for a single day. Chris Temple and I look at the more significant long term drivers for this slow growth economy, ...
GBP/USD Daily Chart Technical Outlook: Last week we highlighted that ‘GBP/USD has been trading within the confines of an ascending pitchfork formation dating back to last year with an outside...
Shares of Bitcoin miner and cybersecurity developer MGT Capital (MGTI) are higher after the firm announced that it completed its $2.4M financing to expand its Bitcoin mining operations. MCAFEE CONNECT...