An Abundance Of Bad Decisions
Submitted by Charles Hugh-Smith of OfTwoMinds blog,Fostering illusions of prosperity only further cripples our ability to make the necessary difficult decisions. Have you ever noticed that the...
View ArticlePutting It All Together: What Wall Street's Cross-Asset Trading Desks Are...
With most market participants (what's left of them) traditionally narrowly focused on one specific asset class, be it stocks, bonds, rates, or commodities, they sees a few trees but miss the whole...
View ArticleNikkei Slides After BOJ Minutes Released
We are trying to remember when the last time the BOJ minutes were important for global risk assets, and are drawing a blank. That's how messed up the financial markets have become. That said, here are...
View ArticleGuest Post: Roubini Attacks The Gold Bugs
Submitted by Detlev Schlichter of DetlevSchlichter.com,Earlier this month, in an article for “Project Syndicate” famous American economist Nouriel Roubini joined the chorus of those who declare that...
View Article10 Nagging Concerns
Gluskin Sheff's David Rosenberg has ten nagging concerns...1. No wonder China can no longer reflate like it did back in 2009. It would be adding more debt to an unprecedented credit bubble...2....
View ArticleUS Bonds In "Panic" Mode
Based on Credit-Suisse's Panic-Euphoria model of risk appetite, US bond markets are on the verge of the short-term capitulative "Panic" mode. Each time we have reached this level of 'selling' in the...
View Article22 Nauseating Quotes From Hypocritical Establishment Politicians About The...
Submitted by Michael Snyder of The Economic Collapse blog,Establishment politicians from both major political parties are rushing to defend the NSA and condemn whistleblower Edward Snowden. They are...
View ArticleThousands Of Firms Trade Confidential Data With The US Government In Exchange...
The rabbit hole just got deeper. A whole lot deeper.On Sunday we predicated that "there's one reason why the administration, James Clapper and the NSA should just keep their mouths shut as the...
View ArticleGuest Post: The Economy In Pictures
Submitted by Lance Roberts of Street Talk Live blog,I have been writing extensively about the data behind the headline media reports and discussing the importance of the underlying data trends relative...
View ArticleStunning Images From China: Ten Thousand People Waiting In Line To Buy Gold
Sometimes one must see to believe, in this case believe just how massive the raw demand for the shiny, barbarous relic is in China during times of relative monetary stability (in this case the Dragon...
View ArticleFor Stocks, "Headwinds Are Clear And Seem To Be Strengthening"
If stock markets really do their best to discount earnings six months ahead of time, then it’s beginning to look a lot like Christmas. ConvergEx's Nick Colas' monthly review of analysts’ revenue...
View ArticleGuest Post: Is Obama Starting A War With Syria Just A Distraction From All...
Submitted by Michael Snyder of The Economic Collapse blog,Well, isn't that convenient? At the moment when the Obama administration is feeling more heat then ever before, it starts another war....
View ArticleCurrency Positioning and Technical Outlook: Dollar Still Heavy
The US dollar lost ground against all the major currencies over the past week. The yen (3.5%) and New Zealand dollar (2.0%) led the pack against the greenback. Canada, Australia and Norway were the...
View ArticleStock-Market Crashes Through the Ages – Part II – 19th Century
Stock-market crashes saw the light of day more and more as the world became industrialized. The 19th century saw a rapid increase in their numbers.There’s money to be had at any time, whether the...
View ArticleInternet Companies Begin Revealing Extent Of Government Snooping
This Friday's night tape bomb came not from the administration, which may have run out of scandals and wars to reveal for the time being, but from FaceBook which late in the evening disclosed the...
View ArticleWho Said It: "This Administration Acts Like Violating Civil Liberties Is The...
Who said it?This Administration also puts forward a false choice between the liberties we cherish and the security we demand. I will provide our intelligence and law enforcement agencies with the tools...
View ArticleThe Plight Of Europe's Banking Sector, Its €650 Billion State Guarantee, And...
A month ago we quantified that just the overt European bank undercapitalization (excluding spillover effects from counterparty liability and derivative exposure) resulting from non-performing loans, is...
View ArticleWhy the Fed Cannot "Exit" Successfully... Without a Market Crash
Bernanke claims the Fed can successfully exit its current strategy. He’s lying. Or he’s adhering too strongly to economics and ignoring human nature. One of the easiest trades for financial...
View ArticleWhere's The "Value"?
With the world seemingly of the belief that the US is the cleanest dirty (it is not), we thought it might be useful - should you have money burning a hole in your sidelines pocket that 'needs' to be...
View Article"You Now Have To Assume Everything Is Beling Collected"
Americans who disapprove of the government reading their emails have more to worry about from a different and larger NSA effort. As the AP reports, the program, that snatches data as it passes through...
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