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DoubleLine Webcast On "The End Of QE As We Know It" With Bond Rout Update
Jeff Gundlach may not be present at today's DoubleLine live webcast titled ominously enough "The End of QE as We Know It", which will be led by the firm's Jeffrey Sherman, but the firm is sure to...
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WTI Spikes Following News Of GOM Platform Loss Of Control, Spill
Even if the last thing the tapering US "recovery" needed is a surge in energy costs, it may soon be getting them following yet another news flashback, this time to the 2010 GOM disaster. Just headlines...
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Three Funny Charts
Nothing like good ole' Goldman to brighten up things with a wink and a smile just as the economy is sliding, earnings are retrenching (and declining excluding pension underfunding adjustments), cash...
View ArticleCharles Gave: So Here We Are...
Now that David Rosenberg has thrown in the towel on deflation (spending a little too much risk parity time in Westport perhaps?) and sees inflationary signs everywhere, even in a payrolls report that...
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The Periodic Table Of McDonald's
Ever wondered what is in your "favorite" McDonald's meal? Then today is your lucky day - the following table from BusinessWeek shows all McDonald’s burgers, sandwiches, and salads broken down into...
View ArticleOn The Elusive Details of Michael Hastings' Death
From Mike Krieger of Liberty BlitzkriegThe Michael Hastings Car Crash: No Skids Marks, A Flying Engine And “Boston Brakes”In cases such as the highly suspicious and tragic car crash/explosion that...
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The NSA Has Inserted Its Code Into Android OS, Or Three Quarters Of All...
Over a decade ago, it was discovered that the NSA embedded backdoor access into Windows 95, and likely into virtually all other subsequent internet connected, desktop-based operating systems. However,...
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Chinese Exports Slump Most Since 2009
Equity futures markets (US and Asian) and AUD are sliding off overnight highs amid the worst YoY exports performance in China since October 2009. The 3.1% drop (compared to expectations of a 3.7%...
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About Those Gold Shorts....
One wonders: at what price does the squeeze of the collateral-scarce (as per today's ongoing negative GOFO) yellow metal begin, now that Bernanke has made it clear (supposedly) that the new gameplan is...
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Currencies Go Berserk As Bernanke Kills King Dollar
We noted earlier the brief chaos that the minutes created but - following Bernanke's promise to print moar - the after-hours collapse in the USD against every major (and minor) currency pair in the...
View ArticleSenate Liberals Push Status Quo Student Loan Bubble Ever Bigger
When every indicator of stress is screaming 'bubble' in the student loan debacle, it would make perfect sense for the government to ignore it and maintain the status quo. As the WSJ reports, the...
View ArticleWhat Bernanke Really Said, Or How The Chairman Just Lost Control Over Policy...
From Mike O'Rourke of Jones TradingFed Put Reiterated, Credibility Gone AgainOverall, it was a quiet trading day until the 2 pm release of the June 19th FOMC minutes. The release prompted instantaneous...
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Bernanke Sets Cat Among the Pigeons
The Federal Reserve delivered a one-two punch to market expectations today. First the FOMC minutes did not appear as hawkish as many expected. Several FOMC members wanted to see more job growth before...
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Spain's Slush Fund Scandal
Submitted by Pater Tenebrarum via Acting Man blog,According to a recent report in the FT, the former treasurer of Spain's ruling Popular Party, Luis Bárcenas, has claimed in an interview that the party...
View Article'Chiraq' Update: Illinois Overturns Ban On Concealed Weapons
"Following a weekend of horrific violence in Chicago in which at least 70 people were shot and 12 killed, this was the wrong move for public safety in Illinois," Democratic Governor Jim Quinn noted as...
View ArticleOil Myths & Why WTI Is a Short
By EconMatters The Cushing Myth "Going along with 'drill, drill, drill' is now 'ship, ship, ship,'" said John Kilduff, energy analyst with Again Capital.” The bottleneck has been addressed in Cushing...
View ArticleGuest Post: Snowden, Jesus And Interest Rates
Submitted by Martin Sibileau of Popular Macro,With the Snowden saga, it seems that suddenly, the idea that there should be a limit to governments has resuscitated; wherever the governments and whatever...
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What Happens Next?
Each time the S&P 500 has traded more than 12% above its 200-day moving-average, the following correction has not ended until the average itself was breached by price action. Fundamentally, one can...
View ArticleEveryone Knows that the Federal Reserve Banks Are PRIVATE … Except the...
The country’s most powerful “agency” – the Federal Reserve – is actually no more federal than Federal Express.The U.S. Supreme Court ruled in 1928:Instrumentalities like the national banks or the...
View Article10 Reasons Why Sharknado Is Coming To The Global Economy
Submitted by Michael Snyder of The Economic Collapse blog,Have you ever seen a disaster movie that is so bad that it is actually good? Well, that is exactly what Syfy's new television movie entitled...
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