Tyler Durden | TalkMarkets | Page 414
Writer at ZeroHedge
Contributor's Links: ZeroHedge
Tyler Durden (pseudonym) is thelead writer at ZeroHedge. Tyler represents the idea that a return to truly efficient markets is a possibility and a necessity. After having experienced the inner workings of capitalism at various asset managers and advisors, Tyler believes that the current model is ...more

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Turkish Lira Crashes To Record Low After Erdogan Says "Rates To Go Down"
The last thing Turkey needs is FX capital controls to contain what is now runaway inflation.
WTI Jumps After Biggest Crude Draw Since 2016
WTI was trading lower overnight after the bounce on API's big crude draw was eviscerated by escalating trade wars. However, when DOE reported a massive 12.63mm crude draw - the most since Sept 2016 - WTI prices spiked.
Dr.Copper Is Sick - Global Growth Scare Looms After Biggest Drop In 7 Years
When Dr.Copper is surging, there is no better indication of the world's economic growth success.
"Past Point Of No Return": World Markets Tumble Amid Global Trade War Shockwaves
So far in the escalating battle between the world’s top two economies is that the tensions hit Chinese shares harder than American ones - they are now in a bear market, while the S&P 500 is within about 3 percent of a record high.
Japanese Yield Curve Collapses, Investors Give Up Hopes Of BoJ Normalization
Despite the fact that Japan has suffered (officially) five recessions in the last 30 years, the JGB 2s10s yield curve has not been inverted since 1991...
Why Hiding From The Trade War In Small Caps Could Prove Fatal
Despite their domestic nature, small caps are likely to be more severely impacted by a global trade war.
What Happens Next? - Tuesday, July 10
Since the early close last Tuesday, the S&P 500 is up 80 points.
America's Largest Auto Exporter To Move Some Production Out Of US, Blames Tariffs
One thing is certain, it did not take BMW long to make this change.
Italian Bank Stocks Tumble As Savona Warns Of Euro Break-Up
While Italian bond yields blipped higher and then retraced on the headlines, Italian bank stocks were hit hard and are back at one-week lows now.
Turkish Lira Resumes Plunge After Erdogan Grants Himself Power To Appoint Central Bank Governor
Turkish president Erdogan, now with sweeping executive powers, shocked investors and sent the lira plunging when he unveiled a new cabinet that featured his son in law Berat Albayrak as the country's new Minister of Finance and Treasury.
Venezuela Hyperinflation Hits 46,305%: Food Prices Soar 183% In One Month
In June, Venezuela's annual inflation hit 46,305% the opposition-controlled congress said on Monday.
Sonoco Hikes Some Prices By 4% In Response To Tariffs
US-based metals co. Sonoco announced that it will raise prices on all composite cans and metal ends in the U.S. and Canada by 4%, in response to recent tariff announcements, with the price increases effective Aug. 1.
Turkish Lira Tumbles As Erdogan Sworn In, Changes Central Bank Law
As DPA reports, the radical changes were approved by a razor-thin majority in an April 2017 constitutional referendum.
Global Stocks Jump As Trade Fears Set Aside; China Soars, Dollar Slides
Global markets are a sea of green this morning, with US index futures sharply higher to start the new week which sees the official start of Q2 earnings season on Friday the 13th.
"It's Time To Get Defensive": Morgan Stanley Downgrades Tech Stocks To Sell
Morgan Stanley wrote that it expects further fallout from trade wars, and warned that among the various ways traders can position for escalation, is to ease on exposure to the tech sector.
China Threatened By "Vicious Circle Of Panic Selling" From Marketwide Margin Call
About $1 trillion worth of stocks listed in China's two main markets, Shanghai or Shenzhen, are being pledged as collateral for loans. Some 23% of all market positions were leveraged in some way by the end of last year in China.
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