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Volumeless Equity Surge As USD/Gold End Day Unch
Surprise - equities rally on volumeless (25% below average volume in S&P futures) and low average trade size trickle to Thursday's highs. Risk-assets in general traded in a narrow range and did not...
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VIX 'Sell-And-Roll' Volume Explodes, Replacing Equity 'Buy-And-Hold' In The...
With the heavy central-planning boot of repression on the neck of any and all realized risky asset volatility, it is perhaps no surprise that investors, professional and amateur alike, have been...
View ArticleGuest Post: A Roadmap For American Grand Strategy Part 1 (Of 3)
Submitted by William C. Martel of TheDiplomat.com,In light of today's enormous domestic and international challenges, the United States today needs, more than ever, an effective grand strategy. Without...
View ArticleThe Fannie Mac Daddy: Fannie Freddie To Merge Select Operations
In what we are sure will be a BLS job creating moment, Fannie Mae and Freddie Mac will create a common platform for issuing MBS as they wind down operations and plan for a future in which the two...
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Understanding Europe's "Austrian" Solution - The 'Merkel-Draghi' Wager
Authored By UBS' Larry Hatheway,The Merkel-Draghi wager: Will it pay off?Tracking the evolution of the Eurozone crisis has been like hacking your way through a dense jungle. The number of countries,...
View ArticleDid The US Government Sanction The Liquidation Of Lehman Brothers?
Yesterday we described in extensive detail just how on September 10, 2008, by way of a glaringly erroneous margin call, either purposefully or by accident JP Morgan managed to extract over $250 million...
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Grillini Storms Italy
“For many young Greeks, the election in Italy now provides a model. If the population of the third-largest economy in the euro zone so openly opposes the austerity measures, then the exit...
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The World No Longer Needs Raw Materials To Grow
It would appear from the chart below, that the world, in its infinitely capable manner, has not only managed to create 'wealth' from thin air, but can 'expect' growth in the future with no apparent...
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Slow Money - Big Money
With the DOW blowing by milestones I went looking for other things that were at record levels. The first one that I looked at was M2. No surprise at all, M2 is bigger than ever. Charts of the long and...
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One Word: "Brea(d)thless"
Another Friday, another green close (now ten in a row) as Treasuries suffer their biggest weekly yield rise in a year. Another new-er-er all-time nominal high for the Dow but Nasdaq was the winner on...
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Did the Department of Justice Really Say that the Government Would Not...
After a 13-hour filibuster by Senator Paul asking for a yes-or-no answer, on the question of whether the government could kill Americans on U.S. soil with drones, the Attorney General responded:Dear...
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Every "Record" Dow Jones Point Costs $200 Million In Federal Debt
The past week brought us history: on Tuesday, GETCO and Citadel's HFT algos were used by the Primary Dealers and the Fed to send the Dow Jones to all time highs, subsequently pushing it to new all time...
View ArticleSantelli: "Still Want That Hammer-And-Sickle On The Flag?"
Will we ever see 'reality' again? Judging by CNBC's Rick Santelli's one-sentence epic rant this morning of the centrally-planned farce that we are living through... Liesman: "Why would you normalize...
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Guest Post: The Lies That Gun Grabbers Tell
Submitted by Brandon Smith of Alt-Market.com,When a group or organization seeks to establish any social policy, it helps tremendously if that group remains honest in their endeavor. If its members are...
View Article'Regulatory Capture' Emasculated The Regulators Of Megabanks
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterSenator Elizabeth Warren set him up brutally. HSBC had admitted “to laundering $881 billion that we know of from Mexican and...
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If You're An Austrian Woman, Move To Italy
We know that core and periphery are struggling under the same monetary policy sun as divergences grow wider. We also know that even in the core, the Franco-German divide continues to gape. However, for...
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What's Next For Venezuela
Authored by Michael Cembalest, CIO JPMorgan,Venezuela is a place of severe contradictions. It’s the only country we found that ranked in the top ten regarding improvement in the UN Human Development...
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The Non-Stop Buy Program Express
Bulls remain in control of the tape even if there are only a few of them. There is better economic data in the U.S. as the Employment Report indicates (236K vs 171K expected & prior 151K) while...
View ArticleSouth Dakota Signs 'Gun In Every Classroom' Bill
South Dakota is the first state, since the Newtown tragedy, to enact a law allowing teachers to carry guns in school. As Fox News reports, Governor Dennis Daugaard signed the bill that allows school...
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FRBNY Swap Update
Zerohedge pointed out again today in its continuing series on the Fed's direct bailout of Europe (the one Senator Corker told the American public Bernanke was not going to be involved in during a...
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