Welcome to Fabulous Wall Street

Romain/ novembre 26, 2020/ Finance/ 0 comments

A few days ago, Jim Cramer said: “It’s the most speculative market I’ve ever seen. You can’t lose in that market. It’s like a slot machine that always pays out. I’ve not seen this in my career.” And Jim is

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The Western Minority Report

Romain/ novembre 17, 2020/ Finance, General/ 15 comments

A few days ago, we learnt that Joe Biden and his team were considering Janet Yellen as a serious candidate for the next Secretary of the Treasury position. According to betting markets, Lael Brainard may be also well-positioned for the

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Attack of the Clones – A Tech Bubble Story

Romain/ octobre 6, 2020/ Finance/ 1 comments

For two weeks, the chaotic structure of US capital markets has been dominated by clones. First, a clone of the well-known “rescue and pump” strategy by the Trump administration. Indeed, whenever the stock market faces the risk of an imminent

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Halfway Between the Gutter and the Stars

Romain/ septembre 23, 2020/ Finance, Science/ 8 comments

Early July, I posted an article entitled It is All About Waves – Tech Stocks and The Log-Periodicity Power Law Singularity Model, explaining that for years physicists have worked on intriguing models designed to detect speculative financial bubbles and predict

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Dear TINA, We Need to Talk

Romain/ septembre 16, 2020/ Finance/ 1 comments

“There is no alternative”. Those words have become one of the main pillars of the dominant narrative of Western equity markets. For years, interest rates have only gone south because of central banks’ ultra-accommodative policies. Thus, Wall Street loves to

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What If?

Romain/ septembre 14, 2020/ Finance/ 0 comments

I got it. The US stock market cannot drop because Donald trump does not want a crash before the election. Besides, the Fed will intervene if necessary, and ZIRP means that there is no alternative to stocks. Last but not

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Highway to Hell

Romain/ septembre 2, 2020/ Finance/ 12 comments

In March, Bill Ackman made a stunning comment on CNBC, when he said “hell is coming”. However, a few days after that, we learnt that Pershing Square had finally gone all-in on US recovery. Even if the degree of dishonesty

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