Courtesy of Lance Roberts of STA Wealth Management,
Over the last few weeks, the markets have seen wild vacillations as stocks plunged and then surged on a massive short-squeeze in the most beaten up sectors of energy and small-mid capitalization companies. While "Ebola" fears filled mainstream [Continue Reading]
Hyperventilation Charade: EU Demands Another €2.1 Billion from UK, “We Won’t Pay,” Says Furious Cameron
Courtesy of Mish.
Things are about to get more interesting in the EU as a review of budget procedures shows the UK, Greece, and Italy owe more money, but Germany and France will get money back.
Curiously, this came about following a review of non-profit organizations from churches and universities [Continue Reading]
If you’re following Valeant’s proposed takeover (or merger) of Allergan and the lawsuit by Allergan against Valeant and notorious hedge fund manager William Ackman, for insider trading this is a must-read article. Linette Lopez describes the roles played by key Wall Street hedge fund managers–Jim Chanos, John Paulson, and Mason Morfit, a major shareholder in Valeant. Linette goes through the conflicts, positions of [Continue Reading]
Courtesy of ZeroHedge
With today's exuberance around earnings (notably forgetting the reality of various bellwether fails), [Continue Reading]