A Short Covering Rally: Violent and Convincing



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A Short Covering Rally: Violent and Convincing

This rally has all the hallmarks of a short covering rally. The prospect of a Trump win had traders betting against stocks and buying assets like gold.
The post A Short Covering Rally: Violent and Convincing appeared first on The Daily Reckoning Australia.

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Clinton or Trump? A Choice Between the Despised and the Despicable

The bounce on Wall Street shows the money-men like the idea of Hillary as Commander-in-Chief…and so they should, after what they’ve donated to her campaign.
The post Clinton or Trump? A Choice Between the Despised and the Despicable appeared first on The Daily Reckoning Australia.

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Never Smile at a Crocodile

In economic Neverland, the central banker also refuses to grow up. They act like children. And they do everything in their power to escape reality.
The post Never Smile at a Crocodile appeared first on The Daily Reckoning Australia.

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We Just Committed an Act of Economic Sabotage

A man who recycles tobacco sticks — and spends no money in the process — is a sinner; he is practically committing an act of economic sabotage.
The post We Just Committed an Act of Economic Sabotage appeared first on The Daily Reckoning Australia.

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The Signs of Trouble in Financial Markets

To us, it’s mounting evidence of a major financial storm that could soon strike the markets. We continue to be on high alert for a stock market crash.
The post The Signs of Trouble in Financial Markets appeared first on The Daily Reckoning Australia.

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