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Crude Surges On News Europe Agrees To Ban Iran Oil Imports
As if the situation in the Gulf was not enough on edge, here comes Europe with news, via Reuters, that EU governments have reached a deal to ban Iranian oil imports. The only thing pending is the...
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Gold Jumps As Citi Says Gold Sell Off Over, Reiterates $2400 Target
Wondering why gold has moved by over $20 in the last few minues? Wonder no more - according to a note just released by Citi analyst Tom Fitzpatrick, the gold correction "has run its course and a rally...
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Reading Into The Euro-Risk Decoupling
Since the start of December, the tight correlation between EURUSD and risk assets has deteriorated. Most notably from the middle of December, as LTRO pronouncements began, the positive correlation has...
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DJSP ENTERPRISES, INC. 8K Filing | Complaint - DJSP ENTERPRISES vs DAVID J....
Mortgage Fraud DJSP Enterprises Law Offices of David J. Stern Action Date: January 4, 2012 Location: FT. Lauderdale, FL DJSP Enterprises, the publicly-traded company that was supposed to make...
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European Credit Markets Tanking Ahead Of Key Issuance Day
With Unicredit's stock down 14% and sovereign spreads continuing their decompression trend, European corporate and financial credit markets are tanking - dramatically underperforming European equity...
View ArticleG-Bye G-Pap
Former Greek PM, and career politician, George Papandreou, is effectively retiring. Per Reuters: "Greece's former prime minister George Papandreou told his PASOK socialist party on Wednesday that he...
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2011's Hedge Fund Winners And Losers
Those waiting on edge for HSBC hedge fund report #53, aka the year end edition, can now relax: here is the full list of winner and losers. Keep in mind, the Paulson HF update is as of November 30,...
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On Austerity, Unrest, And Quantifying Chaos
Politically speaking, austerity is a challenge. While we would expect that governments imposing spending cuts on their voting public may face electability issues, in fact, a recent paper from the...
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Reggie Middleton Sets CNBC on F.I.R.E.!!!
Last week I offered my susbscribers examples of the 2nd and 3rd sectors of the FIRE (Finance, Insurance & Real Estate) group that we see getting burned. I spent much of last year on the...
View ArticleNo Mayan Apocalypse in 2012 … But There’s Alot of Other Interesting Stuff...
NO MAYAN APOCALYPSE IN 2012 Contrary to a widespread myth – as parroted by the History Channel, the movie and Internet buzz – and contrary to all of the hype from Mexican tourist agencies, the...
View ArticleDavid Rosenberg On The Coming Gunfight At The OK Corral Between Mr Market And...
While the market continues to simply fret over when and where to start buying up risk in advance of inevitable printing by the US and European central banks, those of a slightly more contemplative...
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Guest Post: It Ain't Over 'Til It's Over
From Contrary Investor It Ain't Over 'Til It's Over If there is one lesson to be learned from the Japanese experience with deleveraging over the past few decades it’s that deleveraging cycles have...
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Equity Valuations And The Jobless Recovery
Whether its our old friend Binky from Deutsche or Tommy Lee from JPMorgan, the uber-bullish permanence of these well-paid serial extrapolators seems to pivot critically for 2012's forecasts on one...
View ArticleGuest Post: President Obama, Demopublican
Submitted by Charles Hugh Smith from Of Two Minds President Obama, Demopublican President Obama's signal accomplishments could easily have been signed into law by a moderate Republican. The corporate...
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Kashya Hildebrand Speaks – Sinks Hubby?
I wrote about Kashya Hildebrand’s inappropriate FX trades the other day. The story has some new legs today (Bloomberg). The wife of the president of the Swiss National Bank (SNB) has done the one...
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On Risk Concerns And Over-Optimism
The Citi Economic Surprise indices have been useful indicators for finding short-term turning points in risk assets for many years. While not perfect, the mean-reverting nature is very instructive as...
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One Word...Volume
The S&P 500 closed practically unchanged today - recovering from decent selloff to a late-Europe-session low - amid volume that was over 30% lower than at the same time last year. Investment grade...
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Retail Investors Pull $140 Billion From Equity Funds In 2011 Which Close The...
The Santa rally into the year end was taken good advantage of by retail America. As ICI reports, in the week ending December 28, investors pulled another $3.988 billion out of domestic equity mutual...
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The Can Kicking Is Ending - Key Upcoming Dates For Europe's Patient Zero
When it comes to the markets one can easily ignore the fact that the world is one big ponzi and things, as we know them, are coming to an end as long as the can can be kicked down the street at least...
View ArticleDoug Casey Addresses Getting Out of Dodge
Submitted by Doug Casey of Casey Research Doug Casey Addresses Getting Out of Dodge L: Doug, a lot of readers have been asking for guidance on how to know when it's time to exit center stage and hunker...
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