Class Warfare Blowback: Majority Of Americans Want Obama Out
The ever-eloquent populist-in-chief has just turned an important corner. It seems that the clear class warfare escapades he has been engaging in recently have backfired as, according to a poll by...
View ArticleDebt is Endemic In Our System... And the Deleveraging Will be Brutal For...
Debt is absolutely endemic in our financial system. The average non-financial corporation in the US is sitting on a debt to equity ratio of 105%. Bank leverage while relatively low compared to Europe...
View ArticleThe Corzine Trade Vs French Downgrade
From Peter Tchir of TF Market Advisors The Corzine Trade Vs French Downgrade Today it seemed that the market latched on to the idea of the Corzine trade as being the new bazooka. banks would borrow...
View ArticleDid The Fed Quietly Bail Out A Bank On Tuesday?
Over the past month we have been closely documenting a major funding squeeze in the all important shadow economy - the "synthetic liquidity" conduit which far more than traditional sources of cash, has...
View ArticleQE3 Guaranteed As Income Growth Declines, Biderman's Obama Bummer
If there is one data point that Charles Biderman, of TrimTabs, relies upon, it is the series of salary and wage growth (or real-time tax with-holdings) that his firm keeps an extra special eye on....
View ArticleGuest Post: ParaNoyer
Submitted by Clive Hale from View From The Bridge ParaNoyer The gloves are off! As the French prepare for the loss of their AAA status, the governor of the Bank of France, Christian Noyer, suggests...
View ArticleUBS' Top Ten Surprises For 2012
Unlike other, more humorous instances, such as Byron Wein and his 10 endlessly entertaining year end forecasts, some banks take the smarter approach not of predicting what will happen, because only...
View ArticleIs A Bearish Bet On Boeing The Cheapest Way To Hedge A Crude Oil Collapse?
Traders in the market (what little is left of them) always seek out the investment thesis with the highest upside/downside ratio to a delta in any fundamental forecast. In other words, what derivative...
View ArticleSaxo Bank's 10 "Outrageous Predictions" For "2012: The Perfect Storm"
As we wind down 2011, the time for predictions for what is to come as nigh. Having posted what UBS believes their biggest list of surprises for 2012 will be earlier, we next proceed with out long-term...
View ArticleThe Last Ponzi Game
The Last Ponzi Game Courtesy Lee Adler of the Wall Street Examiner This is an extended excerpt from the WSE’s Professional Edition. A heavy Treasury auction schedule with a big settlement on Thursday...
View ArticleWiLLiaMBaNZai7'S NuTCRaCKeRS...NoT So SWeeT
"That warm and welcoming veneer of domestic bliss in The Nutcracker gives the appearance that all is just plummy in the ballet world. But ballet is beset by serious ailments that threaten its future in...
View ArticleTrustee to Seize and Liquidate Even the Stored Customer Gold and Silver...
Trustee to Seize and Liquidate Even the Stored Customer Gold and Silver Bullion From MF Global Courtesy of Jesse's Cafe Americain The bottom line is that apparently some warehouses and bullion dealers...
View ArticleNewspaper Chaired By Private Equity Head Shockingly Endorses Mitt Romney For...
A few hours ago the Des Moines Register threw its support behind the Bain Capital founder, and the man now known to have actively destroyed any trace of his public "service" before his 2007...
View ArticleDeutsche On QE3, It's $800bn Or Bust!
Buried deep in the 137 pages of Fixed Income 2012 Outlook, Deutsche's bond group looks at the implications of an extremely flat US Treasury Curve and implicitly low bond risk premium. Based on 5Y5Y...
View ArticleThrow the bums out!
The bumbling fools in D.C. have done it again. They’ve screwed us all one more time. The low rent morons who are running the show have kicked the can down the road for (get this) two months. On...
View ArticleWhy SIPC? MF Global Customers Were Thrown Under the Bus on Day 1
Guest Post by MFGFacts.com Below is the text of the SIPC answer to Judge Glenn addressing the question as to how the Trustee was appointed. Declaration here. This declaration was in response to the...
View ArticleChart of The Day: The Currency Collapse After A Euro Breakup
By EconMatters The Euro Zone debt crisis has certainly kept the credit rating agencies busy in the news headline. On Friday, 16 Dec. Moody's downgraded Belgium's credit rating by two notches to Aa3...
View ArticleInvestor Sentiment: Santa Claus Rally
If you look hard enough at the charts, you might be able to see the infamous Santa Claus pattern. It is a price pattern, similar to the cup and handle or maybe it is the head and shoulders, that looks...
View ArticleGuest Post: America’s Iraq Experience: Invasi-Eradicavi-Turbavi
Submitted by Ben Tanosborn America’s Iraq Experience: Invasi-Eradicavi-Turbavi Julius Caesar undoubtedly was showing off with his Veni-Vidi-Vici (I came, I saw, I conquered) when referencing to his...
View ArticleThings That Make You Go Hmmm - Such As Europe's "Comprehensive Solution"
Five months ago, Zero Hedge first boiled down the math of the European bailout as follows: "The Fatal Flaw In Europe's Second "Bazooka" Bailout: 82 Million Soon To Be Very Angry Germans, Or How Euro...
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