Followers of the gold and silver price will have long been aware of the cases brought against large banks for manipulating the precious metals markets. This week has brought the issue to the fore as three former JP Morgan employees stand trial for “racketeering conspiracy as well as conspiring to commit price manipulation, wire fraud, commodities fraud and spoofing from 2008 to 2016”.
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Tag Archive: JP Morgan
Prepare for Another Market Face Pounding
“Better than Goldilocks” “Markets make opinions,” goes the old Wall Street adage. Indeed, this sounds like a nifty thing to say. But what does it really mean? Perhaps this means that after a long period of rising stocks prices otherwise intelligent people conceive of clever explanations for why the good times will carry on. Moreover, if the market goes up for long enough, the opinions become so engrained they seek to explain why stock prices...
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Global PMIs Contracting More – Are Stocks Overvalued?
updated August 05,2012 We publish a detailed analysis of global PMIs and compare them with the main risk indicators S&P500, Copper, Brent and AUD/USD some days after most PMIs came out. Abstract: Thanks to positive US consumer confidence, stock markets are highly valued, whereas the Purchasing Manager Indices (PMIs) for the manufacturing industry are contracting …
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Global Macro with all Global PMIs July 4th
updated July 4,2012 This page inside our macro data menu contains global PMIs compared with the main risk indicators S&P500, Copper, Brent and AUD/USD as of the day after most PMIs came out. JP Morgan’s Global PMI: Click for details inside the table, History of composite PMI
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JP Morgan: Reflections on negative interest rates in Switzerland
Negative interest rates naturally attract attention given Switzerland’s use of these between 1972-1978.
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When Rock begins to beat Paper
2022-07-24
by Stephen Flood
2022-07-24
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