Putin Rootin’ for Barack
Follow ZeroHedge in Real-TimeOh, please! What happened to the world that I and most people grew up in? The one where Russia was the enemy, the USA the good guys and never the twain shall meet in true...
View ArticleStock Prices Are Outrunning Corporate Profits: When Has This Happened Before?
Submitted by F.F. Wiley via Cyniconomics blog,In a recent article titled “Step Right Up and Test Your Central Banking Skills against the Scariest Economy of All,” I encouraged readers to:[Apply] your...
View ArticleRegulators Eye Dark Pool Secrecy And Hi-Freaks'"Algos Gone Wild"
It has been almost 2 years since FINRA started to get 'serious' about thinking about looking into an investigation of (get our point) high-frequency trading and dark pools but it seems, as the WSJ...
View ArticleThe Jobs Number Is BS Says Former Head Of BLS
After every non-farm payroll report we provide our own breakdown of what the real unemployment rate is in a country in which the labor force participation rate has not been adjusted to normalize for...
View ArticleGoogle, Microsoft Miss Top And Bottom Line; Stocks Tumble
Following yesterday's disappointing results from Intel, and the IBM revenue miss, completing the sad state of Q2 earnings season for tech companies are the just reported GOOG and MSFT results, both...
View ArticleStocks Surge To New Highs - Best Run In 32 Months
The S&P 500 is up 8.5% from the 6/24 lows - the best 17-day run since Oct 2011 when the world's central banks launched their unprecedented 'save-the-markets' co-ordinated easing/printfest (as an...
View ArticleDetroit Files Chapter 9 Bankruptcy As Moody's Raises US Outlook
Change you can believe in with Detroit filing Chapter 9. But, really, adjusted for AFS, one-time items and a stock buyback which was pending but never fully effected, it is only a Chapter 11 and thus...
View ArticleAmerica In A Nutshell: S&P Hits All Time High As Detroit Files For Bankruptcy
49 states to go till DOW 36k RT @zerohedge: S&P500 hits all time high as Detroit files. America in a nutshell— Stalingrad Poorski™ (@Stalingrad_Poor) July 18, 2013Nothing else to add here.
View ArticleThe Week That Was: July 15th - 19th 2013
Succinctly summarizing the positive and negative news, data, and market events of the week...PositivesJune’s Industrial Production in line with expectationsThe NAHB is hopeful for future salesIf you...
View ArticleThe "Hall-Pass" Market Is Back (For Now)
The 'good-is-bad and good-is-good', or as Morgan Stanley's Adam Parker calls it, the "Hall-Pass' market is one of four regimes that investors face in the current environment. In the current world, he...
View ArticlePhoto Album From The "Main Streets" Of A Dead City
Congress:"Is it fair to say that Wall Street has benefited more [from QE] than Main Street has?"Bernanke: "I don't think so... I want to emphasize that we're very focused on Main Street... Our low...
View ArticleA Modest Proposal
Submitted by Simon Black via Sovereign Man blog,Decades ago, John Maynard Keynes famously wrote in his book The General Theory:"If the Treasury were to fill old bottles with bank-notes, bury them at...
View ArticleJust Four Charts
Mortgage rates surging, check! Oil prices surging, check! Consumer Confidence surging, check? Equities surging, check? A funny thing happens when consumers face higher energy prices and mortgage rates...
View ArticleFunny Friday Fiction (Or Fact): Drunk Ben Bernanke Speaks
The following fictional account of a day in the life of a drunk Fed Chairman is as relevant today as it was when it first came out around the time QE2 was ending and the Chairman was confident no more...
View ArticleEverything Is Fine, But...
Submitted by Michael Snyder via The Economic Collapse blog,Everything is going to be just great. Haven't you heard? The stock market is at an all-time high, Federal Reserve Chairman Ben Bernanke says...
View ArticleGuest Post: Our "As You Wish" Markets Have Reached The Cliffs Of Insanity
Submitted by Adam Taggart via Peak Prosperity,In the classic fantasy rom-com The Princess Bride, the beautiful maid Buttercup orders the farm boy Westley to perform numerous tasks to test his...
View ArticleTHe PHYSiCaL IMPoSSiBiLiTY oF CoNViCTioN...
. Being exiled to manage your multi-billion dollar family hedge fund business. Any takers for this sort of punishment?
View ArticleFX Outlook: Dollar Softer amid Consolidation
The US dollar generally consolidated, with a modest downside bias, over the past week. The risk is for more of the same in the week ahead. A relative light economic and political calendar during the...
View ArticleGuest Post: Enough Oz-Economics… Let’s Get Back To Kansas-Reality
Submitted by Ben TanosbornEnough Oz-Economics… Let’s Get Back to Kansas-Reality!We simply don’t get it; better yet, we simply don’t want to get it! For all our proud puffing of an academic structure...
View ArticleConfessions Of A Keynesian Debt Serf
Our keenly attuned absurdism/farce/idiocy meter was buzzing while reading the following piece from Yahoo Finance, yet despite our best efforts to discern the thinnest thread of satire, sarcasm or...
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