Charting "King Dollar's" Creeping Attempt To Takeover The World
Presenting the creeping take over of the world by "King Dollar" over the past year... or heatmaps for FX dummies. The charts below show which currencies of the world have been bloodied by the USD (red)...
View ArticleThe Right Perspective: Understanding What’s Going On - or - The Correct way...
Guest post by Mordecai Grun:In order to invest it's important to understand the economic fundamentals. In the long term it's like gravity, there's no way to escape whatever is really the truth. This...
View ArticleThursday Humor: Help Wanted At The Fed
With Bernanke seemingly getting his pink slip from Obama, the herd of academia is amassing for the prized job of winding down this catastrophe. From Yellen to Summers and from Geithner to Liesman, they...
View ArticleGuest Post: Fed's Economic Projections - Myth Vs. Reality (Jun 2013)
Submitted by Lance Roberts of Street Talk Advisors,Each quarter the Fed releases their assessment of the economy and their forward looking projections for three years into the future. (See Fed...
View ArticleWhat The Recent Surge In Rates Means For Your Home Purchasing Power
Contrary to what one may have read in the financial tabloids, a houseing market does not recover thanks to Fed-subsidzed REO-to-Rent loans used by the biggest private equity firms to buy up distressed...
View ArticleStocks Plunge As IMF Tells Greece To Plug Holes Or It Pulls The Plug
As we warned earlier in the week, Greece is notably missing its Troika goals and the issue just became a lot more critical. As The FT reports, the IMF is preparing to suspend aid payments to Greece...
View ArticleFOMC Impact So Far: Nikkei -725 Points, Dow -570 Points
But, but, but... the rally was all about earnings and fundamentals... not the Fed, right?
View ArticleA Reminder On Market-Wide Circuit Breakers: A 7%+ Market Drop Is Needed To...
As a quick reminder, the old marketwide circuit-breaker system where a drop of over 2,400 points in the DJIA was needed to close the market after 2 pm no longer exists. Instead, the SEC revised its...
View ArticleHilsenrelevant Still? Fed Mouthpiece Unleashed To Save The Day Again
The 'Hilsenramp' is here. As US equities look set to test previous all-time highs and important support (100DMA), the mouthpiece of the Fed proved his worth:*WSJ's HILSENRATH: Analysis: Overlooked...
View ArticleCorporate Surveillance and the Intelligence Community
Wolf Richter www.testosteronepit.com www.amazon.com/author/wolfrichterKeyhole Inc., a venture-capital funded startup, was acquired by Google in 2004. Its product became Google Earth. Its technology...
View ArticleRecent Graduates Have Saved A Negative 13% Down-Payment On Their First Home
Submitted by Ramsey Su via Acting-Man blog,I accidentally bumped into a recent report by the Joint Economic Committee of the US Congress entitled The Causes and Consequences of Increasing Student...
View ArticleThe Most Miserable States
While arguments will likely flare over just how 'miserable' the occupants of Louisiana are relative to those of Minnesota, based on Bloomberg's quantification of 'misery' these two states are the most...
View ArticleIs This The Chart That Scared Bernanke Straight?
With the confusion over Bernanke's comments - "have no fear as the economy is bad enough that the Taper will never come" confused with "the economy is picking-up and that's great so we don't need the...
View ArticleHilsen-Ramp Off In Credit And Bonds
Bond markets were slow to react to the Hilsenramp - forced by equities it seems in the short-range - but have now reversed their gains. Credit markets stopped believing about 30 minutes ago. Are equity...
View ArticleGuest Post: What Lies Ahead for Gold?
Submitted by Jeff Clark via Casey Research,First, the bad news…The selling is likely not over. The capitulation process may not be completed. Overall momentum remains down.How low can gold and silver...
View ArticleFed Misses Investigation Deadline On "Inadvertent" Release Of March Minutes
It appears the Federal Reserve's has not had enough time to figure out just who to blame or how to wriggle out of the situation that the March minutes were prematurely released to pretty much everyone...
View ArticleFriday Humor #1: Keynesian Catechism
It's funny 'coz it's true...(h/t @LayeredRisk) and as we have previously noted (via William Banzai),The Fool's Prayer, Edward Roland Sill, 1841-1887Cleverly Adapted by WilliamBanzai7THE ROYAL FEAST WAS...
View ArticleSkilling Saved - Free By 2017
Presented with little comment (as we said it all here 2 months ago):*SKILLING SENTENCE REDUCED TO 14 YEARS BY JUDGE*SKILLING TO GET OUT OF PRISON IN 2017 It seems 14 is the new 24 - more accounting...
View ArticleQuote Of The Day: Assange Praises Snowden, Slams Nobel Prize
Statement by Julian Assange after One Year in Ecuadorian EmbassySaturday June 22nd, 15:00 GMTIt has now been a year since I entered this embassy and sought refuge from persecution.As a result of that...
View ArticleBonds Vs Stocks - What Happens Next?
Typically bond and stock prices are inversely correlated - providing what your friendly local asset allocator/wealth manager calls diversification or balance. However, at times of crisis, things get a...
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