Did Bernanke Bluff About QE3?
I want to draw your attention to the fact that the Fed balance sheet is DOWN $50 billion year over year. This confirms that the Fed has in fact been engaging in mostly verbal intervention over the...
View ArticleIs This Why Gold Is Selling Off?
From the morning of Draghi's press-conference on 9/6, Treasury bond prices and Gold have danced an interesting waltz around one another. After recoupling on 9/26, they once again divorced for two...
View ArticleKaminsky On "Hypocrite" Biden: "I'd Have Punched Him In The Face"
In a little over three minutes, CNBC's Gary 'Golden Gloves' Kaminsky not only pointed out the dismal reality of our political class but explained, in his out loud voice - which we assumed was typically...
View ArticleCiti On The Five FX Issues Waiting To Play Out
With equities sat the edge of an ugly-looking cliff and precious metals leaking lower, FX markets remain somewhat less shell-shocked (for now). Citi's Steve Englander provides a quick-and-dirty view of...
View ArticleGuest Post: What Form Of Silver Should You Hold?
We talk a lot about the importance of owning precious metals… and often for the sake of convenience, we lump gold and silver together in the same category. But while the two share similar...
View ArticleRon Paul On The "One-Party System"
Ron Paul will not go quietly into the night - and rightly so, it would seem, given his truthiness. In a recent brief interview on CNBC's Futures Now, he managed to diss Romney, smash the 'belief' in a...
View ArticleNASDAQ Drops Most In 5 Months As Leaders Languish
AAPL slumbered today (fading at VWAPs) and GOOG stumbled on FTC settlement chatter - dragging Nasdaq to its biggest weekly loss in almost 5 months. Financials were also sold hard (following what every...
View ArticleEurope, For One, Welcomes Its New Asian Overlords
The IMF's World Economic Outlook (WEO) provided a plethora of data, trends, and extrapolations for investors to prognosticate upon. One that caught our eye is the rising trend of the 27 Developing...
View ArticleBlame Isn't a Platform
Real leaders don’t WHINE about their jobs. They don’t blame others for their mistakes. And they surround themselves with quality advisors to help them in making decisions. read more
View ArticleForget 666; 808 Is The Number Of This Market's Beast
Presented with little comment, except to say - it seems, as Boaz at EminiAddict points out, that the S&P 500 likes to travel around 808 points from swing low to swing high. Extending the analog...
View ArticleOn China's Transition
While we already know that 59-year-old (current Vice-President) Xi Jinping will become China's next President a mere two days after the US votes; the political and economic challenges he will face...
View ArticleGerman Self-Immolates In Front Of Reichstag
When the topic of public suicides in Europe comes to mind, the natural instinct in the past several years has been to immediately think Greece, which has not only seen its suicide rate explode due to...
View ArticleThe US Fiscal 'Moment': Cliff, Slope, Or Wile E. Coyote?
The overhwelming majority of investors seem to believe that some compromise will be reached to resolve the looming fiscal drag, and as we noted here, this fact is more than priced into markets. As...
View ArticleGuest Post: The Problem With Centralization
"The European Union is a horrible, stupid project. The idea that unification would create an economy that could compete with China and be more like the United States is pure garbage. What ruined China,...
View ArticleBeta Testing QE 4 - "Large Amount" Of $100 Bills Stolen From Federal Reserve
A month ago, just before the launch of QEternity, we caught a rare glimpse of what may be the beta test of one of the Fed's latest ploys in "unconventional monetary easing" when bank robbers decided to...
View ArticleThe 21st Century Monolith
For all intents and purposes, there have been two US Presidents thus far in the 21st century - George Bush (the younger) and Barack Obama. If we take Mr Bush’s two terms to cover fiscal 2001 to fiscal...
View ArticleThe REAL Reason America Used Nuclear Weapons Against Japan
Hint: It Was Not To End the War Or Save Lives read more
View ArticleThe Top 15 Economic 'Truth' Documentaries
On a regular basis we are placated by commercials to satisfy our craving to know which bathroom tissue is the most absorbent; debates 'infomercials' assuaging our fears over which vice-presidential...
View ArticleDid Central Bankers Kill The Single-Name CDS Market (For Now)?
The fact that the major credit indices have had to resort to 'imaginary credit' in order to generate an actionable market is perhaps the final nail in the coffin of the single-name CDS market in this...
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