Can We Bank On It?

Can We Bank On It?

The rout continues in the equity markets as I write this. One glaring problem that will need to be resolved is in the financials as shown below by a chart of the XLF. Taking into account the past 3 years of price history, zoomed out to weekly candles we are seeing the...
Man of Steel

Man of Steel

One of my favorite pieces of research was released today in the Bank of America Merrill Lynch Global Fund Manager Survey. The October edition of BAML’s Fund Manager Survey, which polled 231 investment managers who run more than $646 billion worth of assets,...
Hammer Time

Hammer Time

Carnage. Pain. Blood in the streets. Whatever you want to call it, equity markets are taking it on the chin, as am I. We can’t be certain where the sell off stops, but one of the most prudent things we can do on days like today is look for areas of relative...