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West Coast of North America to Be Hit Hard by Fukushima Radiation
An ocean current called the North Pacific Gyre is bringing Japanese radiation to the West Coast of North America:While many people assume that the ocean will dilute the Fukushima radiation, a...
View ArticleGoldman Doubtful Over GSE Reform Any Time Soon
Political activity related to reforming Fannie Mae and Freddie Mac has picked up over the last few months and additional legislative activity is expected this fall. As Goldman notes, while there is...
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Wednesday Humor: CNBC's "Best Nailing It" In Ages
Based on overwhelming demand, we present today's 6 minutes of comedy gold as Cramer and Liesman basked in the glory of a call that proved to be epically incorrect mere hours later. The superlatives...
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China HSBC PMI Jumps Most In 3 Years To 'Miracle' Expansionary Print
From the lowest print in 12 months at 47.7 in July, HSBC's China Flash PMI just printed at 50.1 (massively outdoing the expected 48.2) and jumping by its most in three years month-over-month. It's a...
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The New Part-Time Normal In One Cartoon
Welcome to the new 'part-time' normal (as first defined here in 2010)... Source: Bloomberg Brief via http://www.intoon.com/
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Asian FX Bloodbath Continues; Stocks Slammed As Treasury Yields Push Higher
In spite of the #winning China PMI print, the bloodbath continues in Asia. EM FX are all getting slayed against the USD with IDR -3%!! INR now -1.6% today alone, breaking above 65 to the USD - a new...
View ArticleUS Has "Strong Indications" Assad Used Chemical Weapons; Russia Says Rebel...
The US is back at it again. For a while it seemed as if the Egyptian situation would promptly escalate to all out war, and necessitate the US "liberation" of this or that interest or ideology (and...
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Post-China 16
Follow ZeroHedge in Real-Time on FinancialJuiceThere’s always someone waiting to dethrone the one in the position at the top of the roost, isn’t there? This dethroning ceremony will be attended by the...
View ArticleFive Hours Later NASDARK Speaks: Twas But A "Glitch"
Still stunned by today's epic market failure? The NASDARK finally chimes in, but don't expect to get much actual information. Via Bloomberg:NASDAQ SAYS WILL WORK WITH OTHER EXCHANGES ON `GLITCH'NASDAQ...
View ArticleThursday Un-Humor: What Does Ben Bernanke Do?
So what does Ben Bernanke do? According to these two perfectly spot-on Australians, "he makes statements... very, very, very, very, very, very, very, very, very, very, very, very, very, very careful...
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It Was AAPL After All
As we pointed out first, the Nasdaq outage can be directly and indirectly traced to action in Apple stock from mere minutes (when it suddenly dropped to under $500) to just over an hour before the Tape...
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Why Asian Markets Are Collapsing In 3 Simple Charts
A steady rise in leverage in recent years means Corporate Asia now has the most leveraged balance sheets globally. As Morgan Stanley's Viktor Hjort notes, with Fed liquidity anticipated to slow, now...
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From Poverty To Mental Illness: An Infographic
Poverty has an impact on the mental health of all Americans. Those living below the poverty line are three times more likely to have serious psychological distress as compared to those living above the...
View ArticleIf You Could Make More Money By Going On Welfare Instead Of Working, Would...
Almost three years ago we warned of the consequence of the disincentives for the working man in the US at the lower-income level. Then, last November we noted the dismal fact that 'work is punished' in...
View ArticleThe Blame Game Begins: Nasdaq Accuses NYSE Arca For Causing "Glitch"
Just over three hours ago, when discussing the NASDARK 3 hour trading halt, we asked: "what was it about Apple's locked Bid and/or Ask that caused the NASDAQ freak out, and was all the Tape C trouble...
View ArticleOn The Dangers Of The NSA... From March 27, 1983
Submitted by Mike Krieger of Liberty Blitzkrieg blog,The warning signs were all there. Long, long ago they were all right there. Reading this article from the New York Times, published when I was just...
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1st Half Investment Banking Scorecard
How have the investment banks performed against each other this year? It's Goldman by a nose so far through the first half of 2013.*All results thru June 2013Â M&A DealsGoldman leads the way,...
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Plunging Home Sales Send Stocks Higher, But Dow Drops For Third Week
Despite the best efforts of the efficient and idiotic things we call the US equity markets - which exhibited the kind of epic VIX smashfest into the close - the Dow was unable to be rescued from its...
View ArticleThe Week That Was: August 19th - 23rd 2013
Succinctly summarizing the positive and negative news, data, and market events of the week...PositivesUS 7yr yield jumps, must be moar rebalancing into equityPost FOMC results– confusion, but it...
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