Guggenheim Warns "Rising Rates Must End Soon"
The yield on the benchmark 10-year U.S. Treasury bond has risen by more than 84 percent from May to early September, one of the most violent and rapid increases on record. This spike has caused severe...
View ArticleBerlusconi Address Over His Expulsion Vote And Bernanke Press Conference To...
Today, the Italian Senate will vote at 8:30 PM whether to formally expel the 76-year old former prime minister, Sylvio Berlusconi. Concurrently, the winner of three of the six Italian elections in the...
View ArticleBonds And Stocks Plunge As GOP Warns "No Difference From 2011 Debt Ceiling"...
Wondering why bond yields are blowing wider? and stocks dropping... Seems the Republicans have decided that they won't stand for anything but a defunded Obamacare, smaller deficits (well that won't...
View ArticleGold Rush Cometh In Japan - 1 Quadrillion Yen National Debt To Bankrupt
Today’s AM fix was USD 1,299.75, EUR 973.16 and GBP 813.97 per ounce.Yesterday’s AM fix was USD 1,317.25, EUR 985.74 and GBP 828.67 per ounce. Gold climbed $0.40 or 0.03% yesterday, closing at...
View ArticlePresident Obama Responds To GOP At The Business Roundtable - Live Webcast
And now the response... We're recovering nicely - but no negotiations?*OBAMA SAYS `WE'VE COME A LONG WAY' ON ECONOMY*OBAMA SAYS BUDGET DEBATE MAY BE MOST CRITICAL FOR ECONOMY*OBAMA SAYS HOUSE ENGAGED...
View ArticlePBOC's Un-Tightening Sparks Renewed Bubble In Chinese Property Prices
Residential real estate prices surged in China in August - up 18-19% in first-tier cities - as it appears the slowing of several tightening measures earlier in the year has sparked a full-fledged...
View ArticleThe Complete FOMC Announcement Preview
As we have not tired of showing over the past five years, and while correlation is not causation, the near uniformity between the increase in the Fed's balance sheet and the performance of risk assets...
View ArticleThe Surest Way To Spot Trouble: When Even The CBO Says There's A Problem
Submitted by F.F.Wiley via Cyniconomics blog,The Congressional Budget Office (CBO) released its 2013 Long-Term Budget Outlook yesterday morning, and its government debt projections are dismal.As shown...
View ArticleAlbert Edwards Asks You To Spot The Difference (Hint: There Isn't One)
"I sometimes feel I am in a parallel universe. Maybe I am." - Albert EdwardsWhy the stern condemnation from the SocGen strategist? Here's why:Personally I am incredulous. I can believe the arch dove...
View ArticleBoehner Speaks: "Obamacare Is A Trainwreck" - Live Webcast
Sounds like the 'negotiation' is going great...*BOEHNER SAYS HEALTH CARE LAW 'MUST GO,' IS COSTING JOBS*BOEHNER SAYS DEFICIT REDUCTION IN PAST TIED TO DEBT LIMIT DEALSAnd while noting that Obama was...
View ArticleBank of America Closes Silver Short, Says Bearish Precious Metal View Was...
Yesterday it was Goldman capitulating on their near-term gold, er, capitulation reco (expectedly so after gold ripped over $75 in the span of 24 hours). Now, it is Bank of America's turn to close their...
View ArticlePutin To Seek Fourth Presidential Term In 2018
Well, he's already served three terms, why not go for lucky four. Not even Mike Bloomberg has that many. Or perhaps it is easiest just redefine the Russian presidency's term to "indefinite"?BREAKING:...
View ArticleMoney, Money and More Money…Dirty Li’l Richsters
Follow ZeroHedge in Real-Time on FinancialJuiceThere is one good thing about money, apart from the fact that there is a race to grab it and keep in in our claws making it highly in demand, and that’s...
View ArticleSumming Up The Exuberance In One Simple Stock Chart
Having crossed the $1,000 Maginot Line, Priceline.com became the first company in the S&P 500's 56-year history to trade at that level. As WSJ reports, the company reached a high of $1,001, before...
View ArticleThe Fed is in the End Game
The Fed failed to announce a Taper yesterday of any kind. It is positively outrageous, but it does inform us of many things. First and foremost, the Fed has made it clear that it cannot be hawkish is...
View ArticleSEC Head Recused Herself From JPM "Whale" Vote Due To Conflict Of Interest
When the absolutely useless reign of the "captured" SEC head Mary Schapiro came to an end, only to be replaced with former Wall Street darling, former Debevoise lawyer Mary Jo White whose prior Wall...
View Article"Fed Credibility In Tatters", Credit Agricole Laments: "Market In State Of...
The "market is in a state of shock" after the Fed's decision to postpone taper, noted Credit Agricole's David Keeble adding that "Fed credibility and its communication strategy are in tatters." This,...
View ArticleStock Market Crashes Since 2006: Trading Bots
Follow ZeroHedge in Real-Time on FinancialJuiceTaking a guess is always a stupid game as it’s a game of luck hitting the right number. Hazarding a guess as to how many jelly beans in the jar is nigh-on...
View ArticleMortar Shell Hits Russian Embassy In Damascus, Three Diplomats Wounded
Let's see here: the party attacking the embassy of Assad-supporting Russia in Damascus is a) the Syrian government or b) the local Al Qaeda-funded Islamist fanatics and Qatari mercenaries, aka...
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