article thumbnail

VIX "Too Disjointed to Calculate a Value"; Panic Grips Emerging Markets; Biggest VIX Jump on Record

MishTalk

As the equity rout gathers steam across all markets, the volatility measure VIX Didn’t Update for 30 Minutes. options market. Because of market conditions, the quoting in S&P 500 and S&P 500 options was erratic,” said Suzanne Cosgrove, a spokeswoman for the CBOE. “As data sent to Bloomberg show. in New York. in New York.

article thumbnail

Jeremy Grantham 1999, Jeremy Grantham Today: "Over Next Seven Years, Market Will have Negative Returns"

MishTalk

I have to admit (time and time again actually), that this market has gone further, faster, than I thought possible. Over Next Seven Years, Market Will have Negative Returns" I strongly encourage you to read an interview of Jeremy Grantham, by Stephen Gandel, senior editor of Fortune : The Fed is Killing the Recovery. Grantham : No.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fed a Creature of Financial Markets; The Draghi PUT; Global Crisis Coming Up

MishTalk

Creature of Financial Markets Stephen Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, blasts the Greenspan Fed, the Bernanke Fed, and the Yellen Fed in his latest post The Perils of Fed Gradualism. A majority of financial market participants applaud this strategy. In fact, it is a dangerous mistake.

article thumbnail

Pain Trade, Treasury Bears, Margin Calls

MishTalk

Hi Mish I was thinking that margin calls would be made after today and could pull the market down further by Friday. Also your article Stock Buybacks Peaked With Stock Market in 2007: History About to Repeat? Thanks, Rob Bond Market vs. Equities Generally I stay away from short-term prognosis. That''s an even bigger move.

article thumbnail

Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

Even though Singapore is no longer an emerging market nation, I consider its bubble economy to be part of the overall emerging markets bubble that I have been warning about due to its strategic role and locationin Southeast Asia, which is also known as ASEAN (Association ofSoutheast Asian Nations).

article thumbnail

Lessons in Gravity and Intervention; Do Something!

MishTalk

Prop Up Failure After futile attempts to prop up its stock market bubble, China stood back and did what it should have done in the first place: Let gravity take over. The fall was the worst since February 2007. The Financial Times reports Beijing Capitulates After Spending $200bn to Prop Up Equities.

Banking 28
article thumbnail

Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. The eurozone is doing so by accident, letting market forces drain liquidity from the financial system for month after month. Just like 2007, very few people even recognize bubble exist. The answer is no."