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Lord Rothschild: "Share Prices Are At Unprecedented Levels, This Is Not A Time To Add Risk"
One year ago, the financial world was abuzz when the bond manager of what was once the world's biggest bond fund had a dire prediction about how "all of this" will end (spoiler: not well).
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"The Dreaded Phase 4": What Happens When Credit Spreads Finally Rise
With investors, traders, analysts and pundits focused on the chaos in the White House, and the daily barrage of escalating geopolitical and social news, whether terrorist attacks in Europe or clashes in inner America, the market is finally starting to notice as Friday's last hour sell-off demonstrated. And yet, according to one of the best minds on Wall Street today, Citi's Matt King, what traders should be far more concerned about, is not who is in the Oval Office or how bombastic the war of words between the US and North Korea may be on any given day, but rather what central banks are preparing to unleash in the coming months. To underscore this, two weeks ago, King made a stark warning when he summarized that we are now more reliant on central banks banks holding markets together than ever before:
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Bannon Speaks: "I'm Going To War For Trump"
While Breitbart has warned of war 'against' Trump - should he break from the policies upon which he was elected - former White House Chief Strategist Steve Bannon has spoken for the first time since being fired today.
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Newt Offers Warning: "Trump's Much More Isolated Than He Realizes"
Appearing on Fox News, Newt Gringrich offered a rather stark warning to President Trump saying "he’s much more isolated than he realizes...you don’t get down to 35 percent approval and have people in your own party shooting at you and conclude that everything’s going fine."
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Google Diversity Director Admits "Change Takes Time" After Female Employees Blast "Repressive Culture"
James Damore’s anti-diversity screed has surprisingly triggered an outpouring of commentary from former and current female employees who are speaking out about the company’s purportedly repressive culture, despite the mega tech company's 'holier-than-thou' view of its work environment.
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