Clik here to view.
Apple vs Samsung Lobby Spending, Or Spot The Reason For Obama's Unprecedented...
See if you can spot, on the chart below, why over the weekend Barack Obama (aka the Anti Patent Troll-In-Chief) intervened directly in the ongoing patent dispute between Apple and Samsung on behalf of...
View ArticleClik here to view.
Treasury Sell-Offs In Context, And Why There Is Much More Room To Fall
While many people doubted early in the year that a 1994-style sell off in the Treasury bond complex is inconceivable, this is precisely what we got in the two months between May and July, as we showed...
View ArticleClik here to view.
Non-Manufacturing ISM Follows Manufacturing Surge Higher: Biggest One Month...
Just like the incredulous surge in last week's Manufacturing ISM which exploded higher from 50.9 to 55.4 (as we predicted following the Chicago PMI plunge hours before that), so today its...
View ArticleJapan Finally Admits The Truth: "Right Now, We Have An Emergency At Fukushima"
Tepco is struggling to contain the highly radioactive water that is seeping into the ocean near Fukushima. The head of Japan's NRA, Shinji Kinjo exclaimed, "right now, we have an emergency," as he...
View ArticleClik here to view.
From Less Repo, To Less Collateral Transformation, To Less Quantiative Easing...
First it was the TBAC's May presentation "Availability of High Quality Collateral" piggybacking on reasoning presented previously by Credit Suisse. Then JPM's resident "flow and liquidity" expert...
View ArticleFisher Warns Feral Hogs: "Don't Rely On Fed Put"
"Financial markets may have become too acustomed to what some have depicted as a Fed put," Dallas Fed's Fisher warns, causing "serious misallocations of capital."*FED'S FISHER SAYS U.S. INVESTORS CAN'T...
View ArticleClik here to view.
Dallas Fed's Fisher: "We Own A Significant Slice Of Critical Markets. This Is...
From "Horseshift! (With Reference to Gordian Knots)" - the prepared remarks by the Dallas Fed's Dick Fisher released moments ago, in which the Fed president with GLD holdings, gets folksy with the...
View ArticleQuote Of The Day: Mexico > USA Says Dick
Today, we have not one but two quotes of the day courtesy of Dick Fisher:FISHER SAYS MEXICAN GOVERNMENT BETTER RUN THAN U.S. GOVERNMENTFISHER SAYS MEXICO GOV'T ANTITHESIS OF U.S. GOV'T ON FISCAL,...
View ArticleClik here to view.
Italian Debt-To-GDP Worst Since Mussolini
With Italy's sovereign bond yields hovering at 3 year lows, one could be forgiven for falling for the constant stream of gibberish from EU leaders that the worst is over. However, aside from the...
View ArticleUS Evacuates Personnel From Yemen Following Droning Of Four Al Qaeda Militants
Embassy evacuations are so last week. In an apparent escalation of the threat level to some unspecified color, earlier today the U.S. Air Force flew some American personnel out of Sanaa, Yemen, the...
View ArticleGuest Post: The Case For Fed Tapering Sooner Rather Than Later
Submitted by Charles Hugh-Smith of OfTwoMinds blog,Better to engineer a mini-crisis while you're still in control than let a crisis you can't control run away from you. One of the most widespread...
View ArticleClik here to view.
S&P Loses 1,700; Dow Off 140 From Highs
With the better-than-expected trade deficit confirming Taper is closer and IBM (following Credit Suisse downgrade) weighing on the Dow (knocking 32 points off), US equity markets are struggling this...
View ArticleClik here to view.
The Lie Must Go On: BLS "Catches" BLS At Misrepresenting 2013 Job Gains By...
Update: looks like Newport Beach is reading:Gross: JOLTS data do NOT validate 200K #payroll prints. More like 125K. #Taper may be delayed if #Yellen has a big vote.— PIMCO (@PIMCO) August 6, 2013Many...
View ArticleClik here to view.
America’s Urban Distress: Why the Public Pension Problem Is Worse than You Think
Submitted by F.F. Wiley via Cyniconomics blog,In January, the Pew Charitable Trusts published a study showing that 61 U.S. cities have an aggregate pension funding gap of $99 billion and an additional...
View ArticleClik here to view.
New Exciting Travel Destination for Young Americans?
I typed in "Exotic Destinations, Cheap Accommodations" and Yemen comes back as an alternative. To be sure, this is no easy VaCa destination, so old fogies should consider a different holiday...
View ArticleClik here to view.
"Slew Of Positive Data" Drives European Stocks To Worst Day In A Month
Mainstream media is blaming the weakness in gold on the fact that a "slew of positive data" from the EU 'proves' there is no crisis. However, if that data is so positive - and proclaimed so by EU's...
View ArticleClik here to view.
Eight "Alternative" Charts
For those interested in the current environment surrounding alternative energy, the following eight charts are for you.Source: Goldman
View ArticleGuest Post: What Does The US Want In Egypt?
Submitted by Jen Alic via OilPrice.com,What the US wants in Egypt is what it failed to attain in Iraq - stability of the kind that assumes US control over the situation.In Iraq’s case, this meant...
View ArticleClik here to view.
7th Time Was Not The Charm, S&P Tests 1,700 And Dumps
For the 7th time in the last day or so, the S&P 500 has tested up to the magical 1,700 level and failed. With JPY once against strengthening as carry unwinds re-escalate, we wait breathless for a...
View ArticleWhom Does Bill Gross Read?
Gross: Strategists/writers I follow? Dalio, Durden, Bianco, Arnott, Aitken, Santelli, Grant, Grantham, Inker, Marks, Quaintenance & Brodsky— PIMCO (@PIMCO) August 9, 2013
View Article