Tyler Durden | TalkMarkets | Page 392
Writer at ZeroHedge
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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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Turkey's Latest Mystery: Who Is Bailing Out The Banks?
Turkish banks pulled as much as $4.5 billion worth of gold reserves, which they then sold in exchange for "more liquid" assets.
WTI Holds Gains After Cushing Stocks Build Most Since March
WTI held above $75 today but did not extend yesterday's surge gains ahead of tonight's API print.
Dow Hits Record High, Small Caps Crushed, BTPs Battered, & Bullion Bid
China remains closed for Golden Week but offshore yuan was extremely active overnight, flash-crashing below key support and back.
September U.S. Auto Sales Plunge, Most OEMs Miss Pessimistic Estimates
Results from Ford, Honda, Nissan, Toyota and Fiat all tell the story of an industry that had a terrible month, with few silver linings.
Junk Bond Spreads Just Dropped To The Lowest Since 2007
The incredibly shrinking junk bond spread just passed a historic landmark when the Bloomberg Barclays U.S. Corporate High Yield index broke below the lowest spread since before the financial crisis this morning.
Italian Bonds Resume Plunge, Yields Hit Highest Since 2014
For now, the Italian bond turmoil remains relegated within its borders, but the question on every trader's mind is "for how much longer".
Tesla Hits Model 3 Production Target, Warns Of China Headwinds
Tesla produced 80,142 vehicles, 50% more than its prior all-time high. For the quarter, production of a little more than 53,000 means about 4,000 cars a week.
Has The 20-Year 'Dash-For-Trash' In Stocks Just Ended?
In the rational world of textbook investing, investors should pay up for safety and be compensated for risk, but for the past 20 years, the opposite has been the case in US equity markets.
Stocks Swoon As Trump Trade Deal Euphoria Fades, Small Caps Slammed
China is closed for golden week, and while stocks weren't trading, yuan slipped back to crucial support levels.
The Best And Worst Performing Assets In September, Q3 And YTD
After a turbulent summer, September was largely a calm affair for markets according to Deutsche Bank's Jim Reid.
Oil Is Surging... And So Are Gas Prices At The Pump
Brent Crude nears $85 as WTI tops $75 - at four year highs - as the tight oil markets continue to send gas prices at the pump to the highest in four years.
Italian Yields Suddenly Blow Out After Europe Says Budget "Almost Certainly Violates Rules"
After posting strong gains in early trading, the rally in Italian stocks has faded sharply.
ISM Prices Paid Plummets As Managers Warn "Market Is In A State Of Chaos"
ISM's Manufacturing survey - which soared in August - was expected to drop, and did but more than expected (59.8 vs 60.0 from 61.3 in August).
GE Names New CEO, Slashes Guidance, Takes $23 Billion Charge; Stock Soars
John Flannery, who had led the company for just 10 months after replacing longtime CEO Jeff Immelt, will himself be replaced by board member Lawrence Culp, former CEO of Danager Corp from 2000 to 2014.
China's Bond Market Cracks: 2018 Will Be A Record Year For Onshore Bond Defaults
As part of Beijing's crackdown on China's $10 trillion shadow banking sector, strains had spread from high-yield trust products to corporate bonds as the lack of shadow funding has choked off refinancing for weaker borrowers.
JPMorgan Sees Full-Blown US-China Trade War In "New Baseline"; Could "End US Stock Market Rally"
Prominent sellside banks have increasingly taken to issuing louder warnings about how they see the U.S.-China conflict progressing. Late last week, JPMorgan became the latest to drastically revise it outlook.
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