Category Archives: Investment outlook

JP Morgan Slashes Its 2018 Oil Price Forecast By $11

After some optimism about oil prices, an unexpectedly high EIA inventory report plus “no end in sight” in shale v. OPEC has analysts rattled.

Wolf Richter: Dear Fed, It’s Not “Really Hard to Spot Bubbles”

Here are some visual aids to help the Fed spot the housing bubble.

Board Member JJ Jelincic Calls Out CalPERS’ “Roy Cohn,” General Counsel Matt Jacobs

CalPERS board member JJ Jelincic shows the lengths to which the board and staff will go to silence dissident board members.

Mr. Market Starts to Question Trump Trade Delusion

A look at the “Trump trade” pearl clutching yesterday.

Wolf Richter: Did Cisco Just Say Demand is “Very Lumpy?”

Look out below: Cisco has a history of being the canary in the coal mine at market turns.

Why Are The Oil Markets Crashing?

Sunny predictions for oil prices in 2017 are looking a tad premature.

Wolf Richter: #Carmageddon Not Yet, But Hot Air Hisses out of Auto Bubble

Despite record incentives, auto sales decline speeds up, inventory bloat spreads to zombie malls.

Wolf Richter: Wild Housing Speculation Drives Entire Canadian Economy

Canadian housing continues on its relentless rise because too many people can’t afford to have it stop.

Wolf Richter: Great Debt Unwind: Consumer Bankruptcies Jump, First Since 2010; Commercial Bankruptcies Spike

Both consumer and commercial bankruptcies spiked in March– and the oil bust’s not to blame.

Magnus: China Must Reform or Bust

China’s debt markets are looking more and more like the West, circa 2007. And it’s not clear the government can intervene as successfully.

Commercial & Residential Real Estate Bubble Again a Risk to Financial Stability; Fed’s Rosengren Worried

Real estate is again looking like a ticking time bomb. At super low interest rates, pray tell what does the Fed do if it blows up again?

Deutsche Bank Tries to Stay Alive

Deutsche Bank is still walking wounded.

Nationalists Slipping in European Polls

European polls show voters moving towards conventional candidates in some of the big 2017 races. Mood du jour or trend?

CalPERS’ Private Equity Portfolio Continues to Earn Way Too Little for the Risk

CalPERS private equity returns are not pretty, but at least the giant pension fund seems to recognize private equity’s glory years are past.

Biggest Gasoline Glut In 27 Years Could Crash Oil Markets

High gasoline and crude inventories do not bode well for oil prices this year.