Russia Restructures Cyprus Debt; Cyprus Prohibits US Strikes On Syria
Yesterday afternoon, Russia agreed to restructure Cyprus' EUR 2.5 billion loan terms to a much more affordable 2.5% semi-annual coupon through 2016 and a principal re-payment over the following four...
View ArticleGuest Post: What To Expect During The Next Stage Of Collapse
Submitted by Brandon Smith of Alt-Market blog,For years now at Alt-Market (and Neithercorp.us) I have carefully outlined the most likely path of collapse to take place within the U.S., and a vital part...
View ArticleMapping America's Dwindling Invasion Coalition
Via Stratfor,U.S. President Barack Obama is evidently not getting the multinational coalition his administration was expecting to share the burden of a limited strike operation against Syria. The...
View ArticleAnd Now, It's Golfing Time (Or Putin +1, Obama 0)
After bringing the world to the edge of WWIII and nearly giving the first order to launch the ironically named Patriot missile, then dramatically punting in the very last second whether to invade Syria...
View ArticleIf You Want To Know Why Things Are Falling Apart, Look At Total Debt
Submitted by Charles Hugh-Smith of OfTwoMinds blog,We are in a long-term trend where additional debt undermines the system as the positive returns on that debt turn negative. Want to know why things...
View ArticleGearing Up For September
September is likely to be dominated by a number of key event risks, in addition to ongoing uncertainty around the US growth outlook, the Fed’s reaction function and heightened EM volatility. We...
View ArticleGuest Post: If The Syria Issue Were An 'SNL' Skit
Authored by Jim VandeHei, originally posted at Politico,The Ironic War PlanImagine Dick Cheney in a “Saturday Night Live” skit fantasizing about Barack Obama handling the pressures of going to...
View ArticleUnidentified Navy Officer Sums It Up
Presented with no comment... (via @NewsNinja2012) whether or not this is a real member of the US armed forces is unknown but we suspect it sums up many of their perspectives as Obama punts to Congress.
View ArticleNimitz Rerouted To Syria As More Destroyers Arrive; Syrians Mock Obama;...
While it is unknown is the US is suddenly focusing more on non-Cyprus based air support in the aftermath of the Cypriot decision to prohibit the launch of air strikes from its territory (just in time...
View ArticleSEC Whistleblower Blows the Whistle on Revolving Door Fraud (Khuzami: You're...
We're not going to waste pixels on an elongated introduction for this one. If you want to find out just how dysfunctional our regulatory structure was before the crisis (and still is), here's a Prime...
View ArticleEuropean August PMI Hits 26 Month High Despite 19th Straight Month Of...
Following a stronger than expected official manufacturing PMI August print by the Chinese statistics bureau on Friday, printing at 51.0, compared to 50.3 in July and expectations of a 50.6, overnight...
View ArticleEquity Futures Storm Out Of The Gate, Trade At Session Highs
Equity futures stormed out of the gate on initial relief that a Syria attack may be avoided, which sent oil and the PM complex flash crashing lower. However, overnight, sentiment shifted that the...
View ArticleFrontrunning: September 2
Tables turn: Syria asks the United Nations to stop U.S. strike (Reuters)More tables: Putin sees chance to turn tables on Obama at G20 (Reuters)Obama’s Decision Stirs Doubts About America’s Resolve...
View ArticleFrench Senior Socialist Demands Government "Not Bow To Calls" For Syria...
While the US pro-strike coalition is crumbling following last week's UK vote that dealt a humiliating blow to PM Cameron, followed by NATO, and most recently by Germany announcing it would not take...
View ArticleSurreal Sadistic Syrian Subterfuge
(Originally appeared at Slope of Hope, written by Bruno de Landevoisin) Yours truly, back from the motherland. Enjoyed long conversations with the extended French family over Camembert, saucisson sec...
View ArticleGuest Post: Corporate Profits & What Jeremy Siegel Is Missing
Submitted by Lance Roberts of Street Talk Live blog,Recently I wrote a post titled "Earnings & Profits Per Share Discuss Overvaluation" which discussed that when looking at NIPA profits the...
View ArticleMarket Update: Silver And Stocks Surging; Bond Bulls Purging
Most of the gains in global equity markets were achieved at the gap open of US futures last night but with volumes tepid, the levitation machines also got a lift from Europe's PMI data this morning....
View ArticleRussian Defense Ministry Reports Two "Ballistic Targets" Launched In...
Update from RIA: Two “ballistic targets” detected Tuesday in the Mediterranean by the Russian military were launched by the Israeli military as part of a joint US-Israeli test of its missile defense...
View ArticleSyria Returns To The Spotlight But Risk So Far Unperturbed
The equity futures euphoria carryover from this weekend, buoyed by sentiment that the Syrian war is postponed if not cancelled, carried over into Tuesday morning despite news that Israel had launched a...
View Article