What September and The Wizard of Oz Have in Common

Geoff Bysshe | September 5, 2016

Due to the holiday weekend the Weekly Market Outlook will not have a video, and the commentary has been shared as the Mish Daily commentary as well.

As we say good-bye to the summer trading season there are two things …


Clan of the Billionaire Cave Bear

Keith Schneider | August 22, 2016

Equity markets worldwide were fairly calm this week as US equities consolidated gains at new all-time highs while volatility indicators continued to contract. The standout performer was China (FXI) which rallied 1.4%.

The list of billionaires publicly calling for and …


Blame It on Rio?

Keith Schneider | August 14, 2016

Despite calls from market prognosticators such as Marc Faber that a 50% market crash is coming soon to a theater near you, equity markets have refused to retreat. Other bearish pundits are highlighting the massive drop in the volatility (VIX) …


Weighty Decision

Keith Schneider | August 7, 2016

Equity markets moved higher this week after an early retreat from digesting monster gains since Brexit. It awoke Thursday and Friday and managed to close up around 1% here in the US. Both the S&P 500 and NASDQ closed at …


It's Getting Hot in Here

Keith Schneider | July 24, 2016

All four key US equity indexes posted modest gains with the S&P 500 hitting new all-time highs despite having to digest the monster rally off the June Brexit lows.  The tech laden NASDQ 100 which stalled this year, has staged …


Brexit’ers Hairline Fracture! Socialist Leader Spends 10,000 Euros Monthly On His Personal…

Keith Schneider | July 17, 2016

Equity markets worldwide roared this week. Most closed up around 2% on strong volume despite yet another horrible attack in France. Our sympathies go out to all those impacted by the senseless violence.

Two key benchmarks, the S&P 500 and …


No Place to Park

Keith Schneider | July 10, 2016

Does anyone remember Brexit? In case you might have been napping the last week or have been without access to the internet, well that is now a long forgotten non- event whereby the British committed financial hari-kari by voting to …


Black or Grizzly?

Keith Schneider | July 2, 2016

The Brexit vote was a shot heard around the world much like the first skirmish at Lexington and Concord that ushered in the American Revolution. The roles might be reversed however as the EU can be seen as the puppet-master …


Shmexit, Stage Right

Keith Schneider | June 26, 2016

Global Equity Markets melted down Friday and depending on one’s vantage point, it varied from -16 % (Spain) to merely -3.6% for US Equities. (SPY). The flight out of Eurozone assets hit frenzied levels and at one point Gold was …


Shmexit, it’s No Stairway to Heaven

Keith Schneider | June 19, 2016

This week world equity markets retreated, buffeted by the upcoming vote on June 23 deciding whether Britain will stay or leave the EU. This week US stocks ended down -1 to- 2%, along with the global equities in general. However, …