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Here’s the setup most investors are underrating right now... Over the next two weeks, the tape will trade on plumbing rather than fundamentals...
Mechanical flows (options expiry, pension rebalancing, July 1 passive reload) concentrate 40% S&P capital in 10 mega-caps, leaving most stocks weak. Fed chair Warsh's hawkish pivot on rates removes the Fed backstop assumption propping the rally.
Zerohedge Debates
ZeroHedge Reads
Alt-Market
AntiWar.com
Bitcoin Magazine

One analyst thinks Kevin Warsh is Volcker 2.0 and everything just changed. I'm skeptical.

How high can we push valuations before something snaps violently?

We're frogs in water that's getting measurably hotter, and it's getting harder to muster the means to jump out of the simmering…

Why investors may be overlooking the biggest risks facing today's markets.

A basic supply-and-demand question: where will the money come from?

Regardless of your view on how much lower oil can fall, the key part is the shift in distributions and the reduction in tails for…