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Monthly Archives: October 2017

Spot The Odd One Out: ‘War On Drugs’ Edition

zerohedge.com / by Tyler Durden / Oct 19, 2017 3:55 PM USA, USA, USA!!! As we noted previously, the over-criminalization of America is a relatively recent trend. As Holly Harris notes: It wasn’t always like this. In 1972, for every 100,000 U.S. residents, 161 were incarcerated. By 2015, that rate had more than quadrupled, with nearly …

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The Hard Way is the Right Way

mauldineconomics.com / BY JARED DILLIAN / OCTOBER 19, 2017 You’ve probably noticed that I’ve spent a lot of time over the past six weeks talking about ETFs. I talked about individual investors perhaps unwisely using ETFs to mimic the behavior of macro portfolio managers. I talked about how low transactions costs on ETFs sometimes lead …

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GE Options Are Pricing In Massive Dividend Cuts

zerohedge.com / by Tyler Durden / Oct 19, 2017 3:40 PM GE shares are languishing at more than four year lows (as the broader market soars to record highs) and GE credit risk stands at 8 month highs (almost dopuble the post-crisis lows hit in June). As Goldman analyst Joe Ritchie warns, a …

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This is What it Looks Like When Credit Markets Go Nuts

wolfstreet.com / by Wolf Richter / Oct 19, 2017 Pricing of risk kicks bucket in record central-bank absurdity. As the days pass, the perverse effects of central bank policies on the financial markets are getting more and more amazing. This includes the record-setting nuttiness now reigning in the European bond market, compared to the …

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