Despite being geographically very distant from each other, South Korea and Germany are, in reality, more similar economically speaking than everyone thinks. Both countries appear “very safe” considering the very low public debt-to-GDP ratio they both showcase: 46% for South Korea and 62% for Germany. What if we add private…
Category:Daily
Daily post about finance and breaking news
HOW A FIAT CURRENCY SYSTEM DIES OF A THOUSAND CUTS
The result of the US elections should have rung warning bells everywhere in the world, but apparently, it didn’t. Europe, Canada, Japan, South Korea – the list of economies that persist in feeding asset bubbles is long. The US is still part of it, considering the market is forcing (sorry,…
IS THE GREAT AGE FOR FINANCIAL CRIME COMING TO AN END?
The past 4 years of the US Biden administration have been disastrous, to say the least, but that isn’t the whole story. In many articles, I did my best to highlight how financial criminal activity was running wild and in plain sight, with authorities turning a blind eye to it….
WHY A TSUNAMI OF STOCK OPTIONS SPECULATIVE MONEY IS GOING TO FLOOD CRYPTO ALTCOINS
If you think that the semiconductor stocks bubble popping will mark an end to the speculative mania, I am afraid that won’t happen for 2 reasons: How are institutional investors going to reposition? As I already anticipated long ago, they will keep rotating into financial stocks and Bitcoin: Don’t believe…
MARKETS ARE QUIET – TOO QUIET
This is supposed to be a “quiet” week ahead of US Thanksgiving that ushers in the last month of the year when no money manager is willing to spoil their performance and put their year-end bonus in danger by trying to make changes in asset allocation. The VIX term structure…
WHY A HEALTHY ECONOMY IS BAD FOR BANKS AND SHADOW BANKS BUSINESSES
Imagine a world where people only spend what they earn or where companies borrow to build new factories and use the additional revenues generated to repay the debt. Imagine a world where you have to plan and save enough money in advance to make an expensive purchase or where governments…
A DEEP DIVE BEYOND NVIDIA (COOKED) NUMBERS
Currently, Nvidia is the company with the highest market capitalization in the world. Sorry, I won’t call it “the most valuable” because price and value are two different things, and it would be an intellectual insult to refer to it as such. There are pros and cons to becoming such…
HOW LONG WILL THE MARKET IGNORE NORINCHUKIN BANK INSOLVENCY?
Is it possible for a bank to continue operating while being insolvent? The answer is yes, and Norinchukin Bank is the best example of it at the moment. I started to follow Norinchukin closely a long time ago (article) and the reason why I continue is because this little-known bank…
SUPER MICRO’S SECOND CHANCE OR NASDAQ’S NEXT SCANDAL?
Super Micro Computer, Inc. (SMCI) is under the Nasdaq microscope again, and it’s not a pretty sight for the exchange. The company missed its 10-K filing deadline back in August and already filed an NT 10-Q form anticipating they won’t be able to file its 10-Q on time either. Now…
THE MOST DANGEROUS MIX: EXUBERANCE, GREED AND DENIAL
I always pay attention to the reactions and comments on my posts and articles since no one is perfect, there is always room for improvement, and from time to time I make mistakes myself that I amend when brought to my attention. However, in the past couple of days, I…