I’m Out Of Bullets, How About You?

Can I borrow your double-edged sword?

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In Times Of Crisis…

“It would take a huge leap of faith to say that crises won’t continue to be a regular feature of the current financial system.”

‘We Fear Gold, Bonds, And Stock Prices May All Suffer A Sudden Drop’

“With the Fed’s balance sheet poised to contract and financial conditions set to tighten either steadily or abruptly, we fear gold, fixed income, and equity asset prices may suffer a sudden drop.”

Chart Of The Day: Mom & Pop Cash Levels Fall To Lowest Since 2000

“Comparisons to the dot-com bubble are usually overblown but”…

‘Lock In Gains And Raise Cash,’ BofAML Says. There’s Just One Problem…

“We recommend that investors lock in some gains in the stock market, re-balance to under-owned sectors and hold above-average cash.”

JPMorgan Reveals How Much Cash You’d Need If Everything Went To Sh*t Tomorrow

“On the expense side, this is equivalent to spending fluctuations of roughly $1,300 for middle-income households, about the same as adding or subtracting a mortgage or rent payment in any given month.”

Peak Cash? Goldman Ponders A Cashless Society And The Benefits For Government

Much has been made over the past several years about the so-called “death of cash”. How many articles have you seen circulating (pun fully intended) with titles that contain the words “cashless” and “society”? Indeed, the notion that “society” is on the fast track to becoming “cashless” has become almost ubiquitous and although we here at HR…

This Is What Happens When Americans Don’t Get Their Tax Refunds

I think it’s safe to say we all knew that Americans aren’t exactly in the best position when it comes to their ability to fund purchases from unencumbered cash flows. Just think of America’s households like you think of US shale operators: negative FCF machines that rely on capital markets to plug funding gaps and…

“Cash”ing In?

The holder of cash has an effective option to purchase more volatile assets if and when they become cheap. Thus, a willingness to hold cash when there are no obvious alternatives is the simplest way to ‘get long of the tails’, and therefore the original ‘long-vol’ strategy. That’s from former SocGen strategist Dylan Grice. It’s…

Visualizing A “Yield Crisis”

Bonds for the capital gains, stocks for the yield…