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CoRoNaTioN Day 2013

 ..The Sultan ascended his throneHis limited powers had grownA very proud nationWith drones in formationNow suddenly felt all aloneThe Limerick King

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Guest Post:Gregor Macdonald: What The End Of Cheap Oil Means

Via Adam Taggart of Peak Prosperity,On the heels of Chris' recent report clarifying the global net energy predicament, he and PeakProsperity.com contributing editor Gregor Macdonald sit down to talk in...

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Treat Depression … Naturally

If you’re depressed, you might consider asking your doctor to prescribe anti-depressants.But as best-selling author Christiane Northrup, MD, notes:In 2008, we learned that the benefits of...

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These Should be on Your Radar Screen

 The US dollar begins the week mostly firmer.  The notable exception is the Japanese yen, which has seen some position adjustment ahead of the outcome of the BOJ meeting tomorrow.  In Asia, and Europe...

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US Markets Closed On Fifth Anniversary Of Jerome Kerviel Day

To some, today is Martin Luther King day and as a result the US markets are closed, especially since today is also the day when Obama celebrates his second inauguration with Beyonce, Kelly Clarkson and...

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Frontrunning: January 21

With array of challenges, Obama kicks off second term at public inauguration (Reuters)Uneasy in the Political Climate, Mickelson Talks Like Someone Ready to Step Away (NYT)BOJ Should Slow Easing If Yen...

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Putting His Mouth Where His Money Is: Meet Dylan Grice's New Home

It is no secret that one of Zero Hedge's favorite mainstream strategists over the years was SocGen's Dylan Grice, which perhaps in itself was a logical warning sign that his career in the mainstream...

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Overnight Summary: Market Fades Open-Yended Monetization

The two month wait is over and the most overtelegraphed central bank news since November 2012 finally hit the tape when the BOJ announced last night what everyone knew, namely that it would proceed...

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Frontrunning: January 22

Geithner allegations beg Fed reform (Reuters)BOJ Adopts Abe’s 2% Target in Commitment to End Deflation (BBG)Bundesbank Head Cautions Japan (WSJ)In speech, Obama pushes activist government and takes on...

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Iran Central Bank Head Fired After Crushing Currency

While in some places crushing your currency is a badge of honor for every formerly independent central banker (and now merely an operative of the fourth branch of government), this appears to not be...

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And Now For Your Daily Dose Of Morning Sunshine With Marc Faber

Just because it has been a while since the ponytailed Swiss pundit's cheerfulness graced these pages, here is a reminder that things can always be worse:FABER: `I'M HYPER BEARISH, SOMETIMES WANT TO...

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Who Said It: Obama Or Hollande?

Via Mark J. Grant, author of Out of the Box,French Fried“My adversary is the world of finance.”               -Barack Obama or Francois Hollande? The United States is becoming French. Those that have...

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Global Unemployment Expected To Surpass 200 Million

After dropping for the past two years, global unemployment is on the rise again according to the International Labor Organization, a UN jobs watchdog. 2013 is expected to top 200 million unemployed for...

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India Scrambles To Make Gold Purchases Ever More Difficult: Hikes Import Tax...

Three weeks ago it became clear that in its fight to curb consumer thirst for gold products, India, whose population is the largest single source of gold consumer demand (at least for now, soon to be...

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January Richmond Fed Plunges, Quadruple Dips In Biggest Miss To Expectations...

So much for the latest "recovery." While everyone continued to forget that in the New Normal markets do not reflect the underlying economy in the least, and that the all time highs in the Russell 2000...

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1000 Chinese Workers Stage Revolt Over 2 Minute Bathroom Breaks

If we as a nation, buoyed by Obama's Inauguration preach, expect to compete once again on a global jobs stage (as we noted earlier) then perhaps taking a note from the Chinese employers' handbook will...

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Guest Post: Why Stimulus Has Failed

Authored by Raghuram Rajan, originally posted at Project Syndicate,Two fundamental beliefs have driven economic policy around the world in recent years. The first is that the world suffers from a...

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Money Cannot Buy Growth

Authored by Andy Xie, originally posted at Caixin,Money Cannot Buy GrowthChina and the United States are running the greatest experiment in monetary stimulus in modern economic history, and the...

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Webcast Of House Vote To Temporarily Suspend Debt Ceiling - UPDATE: Bill Adopted

UPDATE: *HOUSE HAS ENOUGH VOTES FOR DEBT-LIMIT BILL; VOTE IS CONTINUINGThe House is now debating the "No Budget, No Pay" Delay-and-Pray bill debt-ceiling-extension and is due to vote around 1230ET. As...

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Why Steve Cohen Is In Davos

Those wondering if Steve Cohen is attending the most epic of "economic forum" boondoggles elsewhere known as Davos (where for some reason Derek Jeter is present and accounted for) was just to get a hot...

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