St Clair Capital Management

Jim Chanos: "Casino Capitalism: Fraud, Mania & Euphoria On Wall Street"

https://youtu.be/M3W-dscmE-A

Jim Chanos: "Casino Capitalism: Fraud, Mania & Euphoria On Wall Street" (Hedgeye Investing Summit) **This webcast originally aired live on Hedgeye.com on Oct. 15, 2020** Get access to Hedgeye's FREE Market Brief newsletter: https://hedgeye.com/marketbrief ...

The U.S. House of Representatives antitrust report on Big Tech firms contains a “thinly veiled call to break up” the companies, Republican Congressman Ken Buck said in a draft response seen by Reuters.

U.S. House's antitrust report hints at break-up of Big Tech firms: lawmaker The U.S. House of Representatives antitrust report on Big Tech firms contains a "thinly veiled call to break up" the companies, Republican Congressman Ken Buck said in a draft response seen by Reuters.

St Clair Capital Management updated their address.

Spain and France both record precipitous slumps as coronavirus batters economies across the Continent

Eurozone enters deepest-ever recession as economy shrinks 12.1 per cent

Coronavirus triggers steepest recession since World War Two.

https://www.marketwatch.com/story/economy-suffers-titanic-329-plunge-in-2nd-quarter-gdp-shows-and-points-to-drawn-out-recovery-2020-07-30

U.S. economy suffers titanic 32.9% plunge in 2nd quarter and points to drawn-out recovery An economy badly battered by the coronavirus shrank at a record 32.9% pace in the second quarter, underscoring just how big a hole the U.S. finds itself in...

Jun.04 -- Equity market investors may come to realize that they were a little bit "too positive" at this point in time, according to Christian Nolting, global chief investment officer at Deutsche Bank Wealth Management.

https://youtu.be/EeHTsF_-GZU

Equities Certainly Aren't Cheap, Deutsche Bank Says Jun.04 -- Equity market investors may come to realize that they were a little bit "too positive" at this point in time, according to Christian Nolting, globa...

It is wise to understand how markets enter bear markets.

https://youtu.be/jW_iwk5e5y4

Did the Stock Market Bottom? Learn finance, accounting & investing: https://www.lumovest.com In this video, we use data, graphs and charts to evaluate whether the stock market will decli...

Traders of physical barrels of crude brace for the possibility of negative pricing; traders of energy derivatives also wary.

https://www.wsj.com/articles/glutted-oil-markets-next-worry-subzero-prices-11586943001

Glutted Oil Markets’ Next Worry: Subzero Prices As inventories of oil rapidly accumulate, producers could soon be forced to pay consumers to take it off their hands—effectively pushing prices below zero.

The Bank of England has cut its base rate to a record low of 0.1%

Coronavirus: Bank of England cuts base rate and orders £200bn printed The Bank of England has cut its base rate to a record low of 0.1% - warning the coronavirus pandemic will result in a "sharp and large" economic shock.

If you hear the words “credit revolver” — run for cover!

https://youtu.be/pqJC233HzIY

If you hear the words “credit revolver” — run for cover! | Coronavirus Updates with Frank Curzio Frank is seeing companies contemplate tapping their credit revolver. He believes this is a trend that deserves attention... which is why he went live after-h...

US stocks were temporarily halted this afternoon after a ban on all travel from Europe due to coronavirus sent shares plunging.

US stocks hit circuit breakers as shares plunge on coronavirus travel ban US stocks plunged as markets opened on Wall Street this afternoon as investors reacted to a ban on all travel from Europe due to coronavirus.

The Dow Jones crashed so quickly the stock market was closed for 15 minutes as the global economy was rocked over fears of the spreading coronavirus.

https://www.express.co.uk/news/world/1252824/Dow-jones-price-index-share-price-ftse-100-coronavirus-new-york-stock-exchange?fbclid=IwAR38XJYj6AVnGMpHvPmxT_Vwffl8NAN6h1DPp-LIhibArwe_s9A3Fhhb-MU

Dow Jones CRASH: Trading halted as stock market crashes in coronavirus panic THE DOW JONES crashed so quickly the stock market was closed for 15 minutes as the global economy was rocked over fears of the spreading coronavirus.

The $15BN Island That Will Make or Break Sri Lanka | The B1M

https://youtu.be/t2e1xOcGpDc

The $15BN Island That Will Make or Break Sri Lanka | The B1M Sri Lanka has reclaimed two square kilometres of land from the Indian Ocean to double the size of its capital and retain talent - but will the investment pay...

The retail giant wants to grab a share of the $3.6 trillion in health spending by leveraging its 150 million weekly shoppers.

Checkup for $30, Teeth Cleaning $25: Walmart Gets Into Health Care

The FTSE 100 opened around 3.2 per cent down on Friday as fears regarding the coronavirus.

FTSE 100 in freefall as coronavirus fears grip global markets - CityAM The FTSE 100 opened 2.57 per cent down on Friday as fears regarding the coronavirus continue to cause uncertainty. France’s

Stocks plummet at open as coronavirus fears grow.

https://youtu.be/gbdOXQEBxMM

Stocks plummet at open as coronavirus fears grow CNBC's Bertha Coombs looks ahead at the day's market action.

The Dow Jones Industrial Average traded 48 points higher, or 0.2% to break above 29,000 for the first time ever.

https://www.cnbc.com/2020/01/10/dow-futures-on-the-back-of-easing-tensions-in-the-middle-east.html

Dow breaches 29,000 for the first time as investors shake off weak December jobs report Stocks rose to record highs on Friday despite weaker-than-expected jobs data as Wall Street concluded a volatile week chalk full of geopolitical concerns.

Thanks to burgeoning U.S. shale gas production on the American mainland, five export plants have opened since 2016 and made the U.S. a serious player.

Could the LNG Boom go Bust? Not surprisingly, energy traders and analysts are now thinking the unthinkable - could the current boom in LNG go bust?

The Dow (DJIA) closed up by just under 223 points, or 0.8%, at 28,004.89, representing the blue-chip index’s 11th record close of 2019 and its first 1,000-point milestone since July 11.

Dow closes above 28,000 — marks first milestone finish in 90 trading days The Dow Jones Industrial Average marks history on Friday— carving out its first breach of a psychological milestone since mid July, as equity benchmarks...

Kosmos Energy Ltd. made an offshore oil discovery in Equatorial Guinea, according to the Ministry of Mines and Hydrocarbons.

Kosmos Hits Oil Pay in Equatorial Guinea The discovery is the first well in the campaign by Kosmos.

Aramco by Bernstein.

Aramco by Bernstein.
Implications next 6 weeks on risk appetite, PE, oil...

"The market valuation of Aramco, the world's most profitable company, will unfortunately be linked to its sector, its peers, sentiment and today's equity investment debates."

Thanks

The latest news also comes as an economic slowdown takes hold of Europe’s largest economy and the risk of a recession increases.

https://www.express.co.uk/finance/city/1187966/Deutsche-Bank-crisis-jobs-cuts-germany

Deutsche Bank crisis: 9,000 jobs to go in Germany and 9,000 across globe DEUTSCHE BANK is to make half of its planned 18,000 job cuts in Germany, insiders have said.

Why Most Retail Traders Lose And What You Can Do About It.

Why Most Retail Traders Fail And What You Can Do About It – Gregoire Dupont

Brent crude spikes 20% on open in biggest percentage move since 1990 Kuwait invasion.

https://www.irishtimes.com/business/markets/oil-prices-soar-after-attacks-halve-saudi-output-1.4019476

Oil prices soar after attacks halve Saudi output Brent crude spikes 20% on open in biggest percentage move since 1990 Kuwait invasion

Booming shale production has allowed the US to close in on, and briefly overtake, Saudi Arabia as the world's top oil exporter.

https://www.moneycontrol.com/news/world/us-briefly-overtakes-saudi-arabia-as-top-oil-exporter-iea-4429871.html

US briefly overtakes Saudi Arabia as top oil exporter: IEA Non-OPEC production growth is seen rising to 2.3 million bpd in 2020, up 400,000 from this year.

U.S. Banks Are Terrified of Chinese Payment Apps.

https://www.youtube.com/watch?v=SJh_Uir5EMI

U.S. Banks Are Terrified of Chinese Payment Apps If mobile payment apps became as popular in the U.S. as they are in China, banks would lose a projected $43 billion in revenue annually. Bloomberg QuickTake ...

Drank too much last night? There is an IV bag for that.

Hangover Inc.: The Companies Getting You Over Last Night You drank too much. There’s an I.V. drip waiting. Why suffer?

The world’s largest retailer announced Tuesday that it plans to roll out more than 3,900 autonomous machines across their stores.

Walmart to roll out thousands more robots in stores The retailer plans to roll out 3,900 autonomous machines to help workers.

US Bond Markets warm of us slow down.

Bond Market Flashes Recession Warning Before Round of Auctions Investors are about to absorb $131 billion of Treasury note auctions at the lowest yields in months, after they piled into U.S. debt following a dovish Federal Reserve decision and fresh signs that global growth is weakening.