Category: Research
-
Market SitRep – Reflation Redux
This episode of the Market SitRep — Reflation Redux starts off with a discussion of China’s addiction to credit expansion and debt. We also touch on the crude oil market and explain why we think the “reflation” trade is nothing more than a short-term hope jag. Finally we cover quant/technical analysis of the S&P 500.A PDF of the slide show can be…
-
The 4 Horsemen Of The Global Deleveraging Apocalypse Part II: A Neutrino Debt Bomb
This is part 2 of our 4-part series on the global deleveraging which is now beginning and is expected to last over the next 2 to 4 years. We anticipate a lot of pain for the global economy in the form of crashing security markets and depression-like economic conditions. This series will cover how we…
-
Market SitRep – Pushing On A String
This episode of the Market SitRep — Pushing On A String — reveals how we’ve exited the era of central bank dominance. The “all powerful” policies put in place have stopped working and central banks around the world have lost control over the markets. After we hate on central banking for a bit, we touch…
-
I Am Serious (About Shorting Aircraft Lessors)… And Don’t Call Me Shirley!
We can’t help but think of the classic 80’s comedy Airplane! when talking about aircraft lessors. The story here is just as funny. And it’s not a new story either. It’s the same thing we see over and over again. The repetitiveness is what makes us laugh. What exactly are we talking about? We’re talking…
-
The Problem With Oil ETFs
By now, even those who don’t watch the markets have noticed the epic 75% fall in crude oil. It’s pretty hard to miss given that gas prices’ now start with the number 1, instead of 2 or 4. And most of us are happy about the extra hundred bucks or so to spend each month.But…
-
The Dollar Deke
Webster defines a linchpin as “a person or thing that holds something together: the most important part of a complex situation or system”. In global economics, there’s always a critical factor or “linchpin” on which everything rests. Right now, that linchpin is the US dollar. Its movements will determine the fate of global markets. The…
-
Market SitRep – Tech Shenanigans
Check out the latest edition of the Market SitRep — Tech Shenanigans.In this episode, we cover: Updates on the USD bull market. The unsustainability of the tech industry, with a special focus on Zenefits and Workday. The weak jobs theme along with a technical review of staffing companies we’re looking to short. A chart analysis…
-
The Cloud Breakup – Workday Short (WDAY)
Ah… Valentine’s Day. A day to cherish your significant other. Take them out to dinner. Sip some bubbly. Or wine if you prefer. Whatever you do, you just have to show your love. That is… if you actually remembered what day it was today. (You’re welcome for the reminder.) Our team at Foundation almost never…
-
Why the Bank Of Japan’s Move to Negative Rates Signaled the Beginning of the End
If you want to be successful in the markets, you need to pay close attention to inflection points. Correctly evaluating an inflection point is the key to understanding market sentiment. And once you understand market sentiment, you’ll be able to determine which way an asset will trend. An inflection point is a critical juncture in…
-
Market SitRep – China’s Reckoning
Alex here,When I served as a Marine Scout Sniper, before any mission or exercise we would receive something called a Situation Report or “SitRep” for short. This briefing was meant to prepare us for a coming operation. It’d cover all conceivable risks and go over our plan of action in detail; how to act, and…