Mad Hedge Hot Tips
December 4, 2018
Fiat Lux
The Five Most Important Things That Happened Today
(and what to do about them)
1) The Bond Market is Calling for a Recession. The 2 year-10 year spread has shrunk to 13 basis points, an 11-year low, while the 3 year-5 year is already inverted. Massive short covering of bonds by hedge fund has ensued. (TLT). Click here.
2) The Oil Market is Calling for a Recession Too. With an OPEC meeting in Vienna scheduled for Friday, the oil producers' organization may fly apart leading to massive overproduction. Click here.
3) Investors Are Now More Worried About a Recession than Inflation, with interest rates plunging and oil in free fall. Click here.
4) The Trade Wars Are Back, with markets in free fall once again. The G-20 meeting in Buenos Aires only bought us one day of respite. The problem is that the Chinese are saying the outcome was completely different from what the Trump people are saying. And you’re surprised? Click here.
5) Space X Launches Its 19th Rocket This Year. Yes, Elon Musk is coining about $4 billion in profits from his hobby, with the US government his largest customer. Did you really think the SEC was going to lock him up? Click here. To watch a video of the takeoff, click here.
Published today in the Mad Hedge Global Trading Dispatch and Mad Hedge Technology Letter:
(I HAVE AN OPENING FOR THE MAD HEDGE FUND TRADER CONCIERGE SERVICE),
(HOW TO GET A FREE TESLA), (TSLA),
(THE CHIP STOCKS HAVE BOTTOMED))
(NVDA), (AMD), (INTC)