The new year has barely started but the red ink IPOs have already started. The latest is Box, Inc which filed with the SEC today announcing that would issue... Read More

US markets will be closed next Monday, September 1st, to commemorate Labor Day. While there are holidays where you’ll find some US markets open and others closed (eg Veteran’s... Read More

Whitney Tilson had some insightful comments on shorting and some stocks in particular. He has just sent (via Email) some more on this topic, and he raises a great... Read More

Perhaps the key takeaway from the just published third quarter China macro numbers is that the sky didn’t fall. Back at the start of the year, consensus seemed to... Read More

Without dwelling on technical details, China expert Michael Pettis explains why new monetary policy is unlikely to solve China’s debt problem Read More

Elm Ridge letter to investors for the fourth quarter ended December 2022, titled, “Say it Ain’t So.” “Graham and Dodd investors are people who place a very high value on... Read More

European central banks are partially tightening financial conditions, a Deutsche Bank report observes, a move that would imply “higher volatility, lower equities, higher real rates and wider credit spreads.”... Read More

Every morning we puts out a news report with the latest news in global stock markets, company news, and global economic news. Morning Market Update Market Levels * US: Dow Futures: 12710.00... Read More

The ECB’s new Targeted Long Term Refinancing Operations (TLTROs) unveiled this month should help ease credit conditions for banks by enhancing their attractiveness and reducing the stigma attached to... Read More

This has not been an easy year for hedge funds. The most popular hedge fund strategy, long/short equity, which usually churns out an above average gain every year, was not... Read More