It is the 20th of August 2017

News

Bonds, Bullion, Bitcoin, & Black Gold Slump As Dollar Jumps Most In 3 Months

Tepper tells us "we're nowhere near bubble levels in the stock market" - so buy... what's to worry about?

Read More

Kelly Loses Control Again As Trump Retweets, Then Deletes, User Calling Him A Fascist

Judging by this morning's presidential twitter blooper reel we can only assume that General Kelly didn't make the trip to New York City with President Trump last night.

Read More

China's $9 Trillion Shadow Banking System Shrinks For The First Time In 9 Months

On the surface, the latest Chinese credit data reported overnight by the PBOC was not particularly memorable: new loans tumbled from the near record 1.540TN Yuan in June to only 825.5BN in July, just above the 820BN expected, while Total Social Financing also declined substantially from June's 1.78TN to 1.22TN, also beating the 1TN estimate. While both July prints were a steep drop from June - reflected in Monday's miss in retail sales, industrial production and capex - they were a significant increase from the year ago numbers. At the same M2 dropped to a new record low, sliding from June's 9.4% to 9.2% in July, missing expectations of a modest rebound to 9.5%.

Read More

What David Tepper Bought And Sold In Q2: The Full Breakdown

Remember when several months ago the news that David Tepper disclosed that his Appaloosa bought a (tiny 100,000 share) take in Snapchat in Q1, sending the stock briefly higher, especially after he said that he would add more if the price fell below its IPO price of $17? Well, according to his just released 13F, he didn't, and in fact has since dissolved his entire stake in the company that has since pivoted to dancing hotdogs.

Read More

Featured Apps

Free Money