Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse

Guggenheim Says Market a ‘Ponzi Scheme’ That Must Collapse

“We will reach a tipping point when investors will awake to the rising tide of defaults and downgrades,” he wrote in a letter from the World Economic Forum meeting. “The timing is hard to predict, but this reminds me a lot of the lead-up to the 2001 and 2002 recession.”
January 27, 2020 0 Comments
Money managers retain bullish gold positioning

Money managers retain bullish gold positioning

TD Securities commented that the U.S. Federal Reserve policymakers may be about to provide a structurally “more dovish lean” to policy, which propelled gold prices higher just ahead of the long holiday weekend in the U.S.
January 21, 2020 0 Comments
32 Misinformation Schemes & Other Tactics Used by Wall Street, Corporate America & the Media, as Pointed Out Hilariously by WOLF STREET Commenters

32 Misinformation Schemes & Other Tactics Used by Wall Street, Corporate America & the Media, as Pointed Out Hilariously by WOLF STREET Commenters

This is a collection of 32 tactics, instances, misnomers, immortal fake propaganda, and even wrongdoing cropping up ceaselessly on Wall Street, in the media, in press releases, in earnings reports, and in the broader nexus between Wall Street and the media.
January 16, 2020 0 Comments
The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist

The Next Recession Won’t Be Triggered by a Housing Market Crash: Economist

Famed economist and global financial market consultant David Rosenberg expects household debt to spark the next recession.
January 14, 2020 0 Comments

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