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Sunday, September 19, 2021

Record Hedge Fund Alpha Hit Was Followed By… Largest Ever Inflows To Silver, Tech...

While stocks have clearly moved on from the short squeeze fireworks of the past two weeks, with the S&P trading at all time highs and the Nasdaq up 5% this week alone, the flows beneath the market's surface were anything but calm at a time when we saw unprecedented hedge fund degrossing (or deleveraging) and…

NY Sees Record Jump In COVID Cases; Bidens To Be Vaccinated Monday: Live Updates

Summary: Biden to receive first vaccine dose MondayMexico City imposes new restrictionsNY suffers worst daily case numbers since pandemic beganSweden orders face-mask use, warns herd immunity has "failed"Hospitalizations trend higher in every region but Midwest240K+ new cases reported, new daily record1.1MM doses received in 4 countriesNearly 50K doses administered in USPence vaccinated live on TVBeijing…

Futures Hit New Record High After Buffett Reveals 5% Stakes In Five Major Japanese...

There were audible gasps across Wall Street on August 15th when the latest Berkshire 13-F revealed that the Oracle of Omaha had cut his stakes in most US banks (and fully sold out of Goldman), while taking a new and unprecedented for Berkshire Hathaway position in Barrick Gold. But while Warren Buffett, who turns 90…

US Default Bomb Goes Off: 2020 Will Have A Record Number Of Large Corporate...

The disconnect between the all time highs in the stock market and the broader economy has never been greater (with even Janet Yellen, one of the main architects of this disconnect, agreeing), and one of the places where this chasm is most glaring, is in the staggering number of major corporations filing for bankruptcy in…

Car Theft Hits Record High In Los Angeles

A COVID-19-induced recession, with exceptionally high unemployment in Los Angeles, has resulted in record-high auto thefts in 2Q20. A new report via Crosstown LA, who examined the Los Angeles Police Department (LAPD) data, reveals that 5,744 vehicle thefts occurred between April and June, up 57.7% from the same period last year. As thousands of businesses closed in the southern California city, the unemployment…

Spot Gold Soars To Record High As Dollar Freefall Accelerates

Spot Gold is surging in Asian trading as the dollar is dumped. Source: Bloomberg Spot Gold traded above $1930, taking out the $1921 highs from 2011... Source: Bloomberg The dollar has crashed to 19 month lows... Source: Bloomberg Gold appears to be more and more in favor as an alternative place to allocate wealth amid…

Record Number Of Americans Died From Drug Overdoses In 2019 As Fentanyl Moved West

Activists and the White House who were hoping that the decline in drug overdose deaths seen in 2018 - the first such decline in nearly three decades - might have continued into 2019 are about to be disappointed. Yesterday, the CDC released its preliminary data on drug overdose deaths (the final report won't land until…

Extreme “Heat Dome” To Fry US With Record Temperatures Up To 121F For Several...

Authored by Elias Marat via TheMindUnleashed.com, It was only to be expected that in an already brutal year, the summer of 2020 was going to be the absolute worst. And now, it appears that a sizzling “heat dome” will be frying most of the continental United States for several weeks starting this weekend. What this means is…

Texas Sees Record Jump In COVID-19 Hospitalizations: Live Updates

Summary: Texas sees record jump in hospitalizations California reports jump in daily cases Taj Mahal closed until further notice India draws nearer to Russia amid another record jump in cases World sees record jump in COVID-19 cases Florida reports 9,999 new cases Arizona sees roughlt 3,500 new cases South Africa sees record jump in new…

There Is Now A Record 375 Million Barrels Of Oil Stored On Tankers

Last weekend we showed that as oil storage on land was rapidly filling up, a familiar sight was seen off the coast of Asia's oil hub in Singapore: a record surge in tankers on anchor used as seaborne storage, and taking advantage of the supercontango just waiting for oil prices to rebound so they can…

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