Guest Post: Abandoning Ship - The Eurozone Is Failing At An Accelerating Rate
 Submitted by Alasdair Macleod, PeakProsperity.com contributing editor Abandoning Ship The Eurozone Is Failing At An Accelerating Rate It will be no surprise to readers that the news coming out of the...
View ArticleWhat Is Executive Privilege?
There has been much talk today about Obama's use of the "executive privilege" yet few are familiar with the details of this relatively unknown presidential option. The AP sheds much needed light on...
View ArticleThe Chart That Scares The "1%" The Most
Capitalists have been gripped by 'systemic fear' making them worry not about the day-to-day movements of growth, employment, and profit, but about 'losing their grip'. An interesting recent article by...
View ArticleNatural Gas: Where Endless Money Went to Die
Wolf Richter  www.testosteronepit.com The fiasco that is playing out in the natural gas industry doesn’t happen often in a free market, and when it does happen, it’s usually short—and brutal for all...
View ArticleThe "American Exceptionalism" Paradigm Is Broken
By Jeff Snider, President & CIO, Atlantic Capital Management There Is Little "Value" Under Untenable Circumstances Even now, in the third year of the recovery without a recovery, there is still a...
View ArticleGuest Post: Mystery Solved - The Fed Indicts And Absolves Itself
Submitted by Jeff Snider, President of Atlantic Capital Management, Alhambra Investment Partners Mystery Solved: The Fed Indicts And Absolves Itself Given that the economy markets have once again...
View ArticleThe Economic Collapse For Dummies
If last week's 74-page all-encompassing thesis on "how 'everything' is interconnected and headed for 'complete systemic disintegration'" is a little too much, here is a 10 minute clip that ties...
View Article'Black Friday' Blame-Game Escalates As Spain Is Out Of Money In 40 Days
With Valencia bust, Spanish bonds at all-time record spreads to bunds, and yields at euro-era record highs, Spain's access to public markets for more debt is as good as closed. What is most concerning...
View ArticleEconomic Countdown To The Olympics 4: Would The Euro Be A Winning Team?
With just a few days left until the pre-opening soccer games begin in the UK, we continue our five part series (Part 1, Part 2, Part 3) on the intersection between markets and the Olympics by...
View ArticleForget Corn, Is Soy Poised For Lift-Off?
By now everyone is aware of the silver-like surge in corn prices over the past month, driven by the recognition that what is quickly becoming the most severe drought in US history is here to stay...
View ArticleAdam Smith On Conceit, Central Planning, And Disorderly Society
Perhaps it is worth a reminder that, while every effort by the Central-Banker-In-Chief and his political play-things to proclaim free-market omnipotence in stark contrast to the wholesale manipulation...
View ArticleFailing to Break Up the Big Banks is Destroying America
The Size of the Big Banks Is - Literally - Destroying the Rule of Law Pulitzer prize-winning journalist Ron Suskind quotes Treasury Secretary Timothy Geithner as saying: The confidence in the system...
View ArticleDoug Kass: Kill the Quants & Their Technology Before They Kill Us
In light of yet another tech driven blowup yesterday at Knight Capital, perhaps someone, anyone, outside of ZH and Themis should look into this nonsense. Here is a clip from yesterday where Doug Kass,...
View ArticleInterview With A High-Frequency Trader
While the attached interview between the Casey Report and HFT expert Garrett from CalibratedConfidence will not reveal much unknown new to those who have been following the high frequency trading topic...
View ArticleTreasury Selling Another $4.5 Billion In AIG Stock, AIG To Buy $3 Billion Of...
Moments ago AIG stock was halted with many scratching their heads as to the the reason why. Here it is, courtesy of Bloomberg: TREASURY TO OFFER $4.5 BILLION OF AIG COMMON SHARES AIG TO BUY BACK UP TO...
View ArticleTD Ameritrade Resumes Trading With Knight Hours Before Credit Line Expires;...
Knight's credit line expires in 90 minutes. All day it has been a dark box, with virtually no trades coming in or leaving. The company is scrambling, so what happens: some much needed good news finally...
View ArticleEurope's Largest Insurer Allianz Not Amused That Central Banks Are Involved...
What a difference a revisionist market rally makes. Remember when everyone was involved in Libor manipulation? No? Curious what a few hundred DJIA points will do especially when the corporate revenues...
View ArticleS&P Downgrades 15 Italian Financial Institutions, Says Country Faces Deeper...
It is late in the afternoon on a Friday, which means one thing: it is time to dump all left over bad news under the rug. Sure enough, here comes S&P. From Bloomberg: S&P CUTS RATINGS ON 15...
View ArticleEUR Shorts Collapse By 35% In Two Months, Down 10% In One Week
By now even 5 year olds know that the one asset class driving the general stock market is the highly leverageable EURUSD: where the core pair goes, everything else follows, especially if the direction...
View ArticleGuest Post: (Economic) Drivers, (QE) Drive By's And Dives
From Contrary Investor (Economic) Drivers, (QE) Drive By's And Dives In many senses, both macro economic and financial market rhythm in 2012 has been very similar to what we experienced in 2010 and...
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