Browsing All Posts By Kurt Osterberg
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Finance 0
US Session Bullet Report – USD On The Back Foot, Gold Looking Weak
It was a volatile session so far, which was mainly driven from the Chinese stock meltdown. Another day, another 8, 5% drop in shanghai making this one of the biggest daily drops ever. EURUSD spiked hi... -
Finance 0
Twenty Enduring Posts
Photo Credit: Kat N.L.M. This morning, I looked at the fall in the Chinese stock market, and I said to myself, “It’s been a long journey since the last crash.” After that, I wrote a brief ... -
Finance 0
Wall Street Still Didn’t Get The Memo – China’s Done, Tops In!
Bubblevision’s Scott Wapner nearly split a neck vessel today denouncing the US stock market sell-off. It was completely unwarranted, he thundered, because China don’t have nothin’ to do wi... -
Finance 0
Gold Remains Range-Bound Ahead Of Fed
The market started the week on the back foot but remained well within the consolidation that we have seen for the past four sessions. Gold prices fell $6.19 an ounce yesterday as the prospect of a Sep... -
Finance 0
A Bright Spot Amongst The Chaos In China
Conditions in China appear to be going from bad to worse. On Monday, another bloodbath ensued in Chinese stocks. The Shanghai Composite Index nosedived 8.5% – the largest single-day decline in eight... -
Finance 0
Commodities Carnage Will Hurt These 10 States Most
As we’ve seen in Louisiana and West Virginia, the commodities downturn has had a real impact on state budgets. Back in April for example, we explained how a sharp decline in oil tax revenue helpe... -
Finance 0
Does “Creative Destruction” Include The State?
When do we get to exercise democracy and fire every factotum, apparatchik, toady and lackey in the state who has abused his/her authority? Everyone lauds “creative destruction” when it shr... -
Finance 0
The Only Remaining China-Based Trade I Like
The Shanghai Composite Index (SSEC) plunged 8.5% to start trading for the week. The ripple effects were wide and far-reaching even as arguments continue floating that the collapse in China’s stock m... -
Finance 0
Is Gilead Sciences About To Make An Acquisition?
Gilead Sciences (GILD) reports its FQ2 ’15 results after the closing bell today. Both Estimize and Wall Street are predicting a fall in EPS and revenues QoQ. Estimize are forecasting an EPS figure ... -
Finance 0
The Economic And Financial Problems In Europe Are Only Just Beginning…
Right now, the financial world is focused on the breathtaking stock market crash in China, but don’t forget to keep an eye on what is happening in Europe. Collectively, the European Union has a l...
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