Man Vs Machine: How Each Sees The Stock Market Part 2
Two weeks ago we shared a post on the topic of variant perception, specifically how the two distinct classes of market participants, humans and machines, view their natural habitat. Judging by the...
View ArticleSuddenly A Nasty Fight over Subsidies for Nukes in Europe
Wolf Richter www.testosteronepit.com The meltdowns at Fukushima Number 1 that have caused so much havoc have also paralyzed Japan’s nuclear power industry. The last of its 54 reactors will be taken...
View ArticleAssymmetric Secret Servicing Initiative: Obama's Colombia Visit Found To...
Obama may not be the most successful president when it comes to creating jobs at home, but when success is measured by the number of blowjobs outsourced abroad, he may be truly second to none, as his...
View ArticleAnother Misbehaved CEO at Best Buy?
By EconMatters I'm not sure what's up with some of these big corporate CEOs keep making the news headline for having "inappropriate relationship" with a female employee. The latest episode of...
View ArticleGuest Post: When Does This Travesty Of A Mockery Of A Sham Finally End?
Submitted by Charles Hugh Smith from Of Two Minds When Does This Travesty of a Mockery of a Sham Finally End? Intersecting global crises cannot be papered over with artifice and propaganda for long. We...
View ArticleLiquidity Isn't Capital
At the start of April, ECB's Draghi noted, "let's keep in mind that it [the LTRO] is not capital", adding that "if a bank does not have capital, it would be better to raise it now". Given the rapidly...
View ArticlePaTHoLoGiCaL LiaRS
Timmay is asked what he thinksIf the US eCONomy stinksTo no one's surpriseHe spouts off some liesBefore the examiner blinks The Limerick King . . .
View ArticleGuest Post: Another Empty Obama Promise
Submitted by Azizonomics Another Empty Obama Promise The extent of Obama’s duplicity continues to grow apace. And yes — it’s duplicity. If you can’t or won’t fulfil a promise, don’t make it. From...
View ArticleAnyone Who Bought 10Y Spanish Bonds This Year Is Now Underwater
Via Peter Tchir of TF Market Advisors, Anyone who bought the 10 year Spanish bond this year is now down money. It does have a 5.85% coupon, so if you bought the prior lows on Jan. 6th, you have earned...
View ArticleThe Spain Pain Will Not Wane: Continuing the Contagion Saga
Just over two years ago I warned that Spain posed a significant threat to the EU area economies. This was a very popular stance, and since I'm more of a medium to long term strategist and Spain didn't...
View ArticleAt Least One Italian Export Is Soaring: Gold
When one thinks PIIGS, one usually imagines countries with collapsing economies, 50%+ youth unemployment, and current account deficits so large they are about to drag down the ECB, Bundesbank and...
View Article"Sic Transit Gloria Pecuni" - LME Considering Ending Sterling, Allowing...
On a long enough timeline, all things come to an end. Even for such venerable venues as the London Metals Exchange, with its 130 year history, and its annual turnover of over $11 trillion in metal...
View ArticleAnother Oil Price Stock, Another Global Recession?
ByEconMatters Brent crude ended trading above $120 a barrel on Friday, April 13, while WTI crude on NYMEX for May delivery settled at $102.83 a barrel. Oil has traded above $100 for all but a...
View ArticleBank Of America Buries YPF
So much for YPF. Next question: what happens to Repsol (not to mention main shareholders Caixa and BBVA)? Luckily Spain has everything else under control.
View ArticleMiraculous Movement Masks Momentum
Miraculous Movement Masks Momentum By Phil of Phil's Stock World It's a miracle! Despite Asia continuing its downhill slide, despite the Bank of Korea lowering their Economic Outlook, despite Swiss...
View ArticleDr. Copper
It is often stated that copper is the metal with a Ph.D. in economics, and the data for the most part bears this out. Figure 1 is a monthly chart of copper (cash data) with NBER dated recessions noted...
View ArticleIgnorance Is BLS
In one of the most coherent take-downs of the government's data gatherers, economists, reporters, and the general investing public that soak up the propaganda spewed forth by the former, TrimTab's CEO...
View ArticleThe Big Rift Between Germany and France
Wolf Richter www.testosteronepit.com Perhaps 100,000 people swarmed over the Place de la Concorde in Paris on Sunday, one week before the first round of elections, to hear French President Nicolas...
View ArticleOn The Goldman Path To Complete World Domination: Mark Carney On His Way To...
Back in November we penned "The Complete And Annotated Guide To The European Bank Run (Or The Final Phase Of Goldman's World Domination Plan)" in which we described what the long-term reality of...
View ArticleDoug Casey: Sociopathy Is Running the US - Part Two
Submitted by Doug Casey of Casey Research Sociopathy Is Running the US - Part Two (part One here) I recently wrote an article that addresses the subject of sociopaths and how they insinuate themselves...
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