Thursday , March 28 2024
Home / Tag Archives: Dennis Gartman

Tag Archives: Dennis Gartman

The S&P’s Biggest Bear Capitulates

First it was Dennis Gartman shutting down his newsletter after more than three decades, lamenting a market that no longer made any sense (a lament shared by Deutsche Bank’s Aleksanda Kocic), and now the market’s QE4-driven meltup has forced Wall Street’s biggest sellside bear to capitulate on his November call that the market will drop in 2020; instead UBS’ head of US equity strategy, Francois Trahan, has joined the bullish herd hiking his year-end S&P price...

Read More »

SNB: It’s A Bonfire Of The Absurdities

Authored by John Mauldin via MauldinEconomics.com, “Vanity of vanities, saith the Preacher, vanity of vanities; all is vanity.” – Ecclesiastes 1:2, King James Version (attributed to King Solomon in his old age) This week’s letter will take a look at the growing number of ridiculous, inane, and otherwise nonsensical absurdities that fill the daily economic headlines. I have gone from the occasional smile to scratching my...

Read More »

SNB: It’s A Bonfire Of The Absurdities

Authored by John Mauldin via MauldinEconomics.com, “Vanity of vanities, saith the Preacher, vanity of vanities; all is vanity.” – Ecclesiastes 1:2, King James Version (attributed to King Solomon in his old age) This week’s letter will take a look at the growing number of ridiculous, inane, and otherwise nonsensical absurdities that fill the daily economic headlines. I have gone from the occasional smile to scratching my...

Read More »

Mysterious Bitcoin Dip-Buyer Identified

Amid the cataclymsic collapse of Bitcoin late on Friday night, the crypto currency suddenly saw a large buyer step in as prices plummeted below $6000. We now have an idea who that buyer of last resort was... As a result of a giant publicity effort from its proponents, BCH saw mass investment as it heads towards a potentially contentious hard fork set for just after 7 p.m. GMT today. The failure of SegWit2x, coupled with endorsement from the soon-to-be-defunct Bitcoin...

Read More »

Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder

Commodities King Gartman Says Gold Soon Reach $1,400 As Drums of War Grow Louder - 'Commodities King' Gartman sees $1,400 gold surge in months- "Gold is the one currency that will do the best of all..."- Pullback below $1300 "is relatively inconsequential"- Use gold price weakness to be a buyer "no question"- Bullish on gold due to central banks and easy monetary policy and gold will be even higher in euro terms- Gold will be the best of all, as a result of QE and expansionary policies-...

Read More »