Oil Speculators No Longer Confident In Price Crash
Even though the near-term fundamentals for oil are not promising, speculators are cutting bets that the bottom will fall out (again).
Read more...Category Archives: Investment outlook
Hard Landing Coming Soon? Chinese Officials Set Off Red Alert on Debt, Urge Serious Measure to Contain It
Chinese officials sent a serious warning about ending debt growth. If they are serious, the shock waves will engulf not just China but also the global economy.
Read more...Hedge Fund Comeuppance: Firms Hunker Down, Start to Cut Fees as Investors Wise Up and Withdraw Money
Years late, investors are finally waking up to the fact that hedge funds overpromise, overcharge, and underdeliver.
Read more...Wolf Richter: Job Cuts Pile Up
An increase in job cuts announced suggests an employment turning point is nigh.
Read more...Negative Interest Rates – Are There Any Positives?
The more you look at negative interest rates, the harder it is to find anything to like.
Read more...Private Equity Kingpins Whine as Stock Market Values Languish
What word best describes how distasteful it is to see obscenely rich men complain that they aren’t as rich as they think they ought to be? The subhead on a new Financial Times story on private equity tell us: “PE believes investors do not grasp their long-term cash flow generation capabilities.” In other words, this […]
Read more...The Oil and Gas Fire Sale: How Bad Will Losses to Banks and Investors Be?
Energy-bust inflicted to banks and other lenders has only just begun to bite.
Read more...Banks Once Burned, Now Twice Shy About Taking on More Takeover-Deal-Related Junk Debt
Banks have gotten a painful reminder that originating risky assets like junk bonds and loans can leave them holding the bag.
Read more...Wolf Richter: Hamptons Super-Luxury Homes Whacked by Reversing “Wealth Effect”
Hamptons real estate is soft at the high end. A portent for the financial health of the super rich?
Read more...Moodys: Public Pension Underfunding to Worsen as Returns Lag
Moodys give an update on the sorry state of public pension funds’ coffers.
Read more...Why a Serious Oil Rebound Is Not Coming Soon
Why the oil price recovery is still a way away.
Read more...Oil Giant Cuts Budget By 80 Percent And Suspends Fracking
Whiting Petroleum Corp. (NYSE:WLL), the largest oil producer in North Dakota, has announced that it will suspend all fracking in the state and cut its budget for this year by 80 percent in a move that sent its shares up 9 percent on Wednesday, back down to a record low on Thursday, and $4.02 Friday morning.
Read more...More Evidence That CalPERS Board (and Staff?) Does Not Understand Finance
Another foot-in-mouth moment at CalPERS, this time by the president of the board, Robert Feckner.
Read more...Wolf Richter: Sudden Death? Junk-Rated Companies Headed for Biggest “Refinancing Cliff” Ever – Moody’s
A refinancing bulge is coming awfully soon.
Read more...Has the Crash of the Global Financial Markets Begun?
Is “crash” the right word to describe the Mr. Market’s rattled nerves?
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