Frontrunning: July 9
Only update software on down days: NYSE, SEC Suspect Software Update Triggered Trading Halt (BBG) Trade halts add to China’s Potemkin market problem (Reuters) Why Beijing’s Efforts Have Failed to Tame...
View ArticleTake Cover – Wall Street Is Breaking Out The Bubblies
Submitted by David Stockman via Contra Corner blog, Let’s see. Google’s record market cap gain on Friday was actually a squeaker. At $66.9 billion it easily passed in one day the entire $50 billion...
View ArticleAxel Merk Comes Out… As A Bear
Via Axel Merk of Merk Investments, Increasingly concerned about the markets, I’ve taken more aggressive action than in 2007, the last time I soured on the equity markets. Let me explain why and what...
View ArticleMarkets Turmoil After China Devaluation – Surveying The Damage
US equity markets have given up almost all of yesterday's irrational exuberance ramp gains in a perfect echo of last week's Wednesday/Thursday debacle. Bond yields are plunging – also retracing all of...
View ArticleThe Fed’s Alice In Wonderland Economy – What Happens Next?
Submitted by Nick Giambruno via InternationalMan.com, After the president of the United States, the most powerful person on the planet is the chairman of the Federal Reserve. Ask almost anyone on the...
View ArticleTime To End Monetary Central Planning
Submitted by Richard Ebeling via EpicTimes.com, There is no way to describe current Federal Reserve policy other than as monetary confusion and misdirection. In a nutshell, Janet Yellen and the other...
View ArticleThe Devil’s Dictionary Of Post-Crisis Finance, Part 1
Reuters published a pioneering appropriation of Ambrose Bierce's 1911 form in 2007, when the global financial crisis was barely beginning. Call it "The Original Devil’s Dictionary of Finance." But it...
View ArticleThe Problem Explained In 110 Words
It took the Fed 7 years, countless white papers, Congressional testimonies, economist reports, and goalseeked narratives explaining why QE should work, before the St. Louis Fed finally realized and...
View ArticleNow What: How Should One Trade In A World Where “Most Indicators Have Lost...
A market which trades day to day on historic “whiplashes”, record short squeezes, broken trendlines, and of course, $13 trillion in excess liquidity, got you shaking your head (and burning old Finance...
View ArticleHow We Got Here: The Fed Warned Itself In 1979, Then Spent Four Decades...
Submitted by Jeffrey Snider via Alhambra Investment Partners, It bears repeating and re-emphasizing, but had the guts of the actual global financial system been fully appreciated in a timely manner the...
View ArticleThe Next Big Short
Submitted by David Stockman via Contra Corner blog, If you have forgotten your Gulliver’s Travels, recall that Jonathan Swift described the people of Brobdingnag as being as tall as church steeples and...
View ArticleZeroHedge: “Where Are The Bubbles?”– UBS Shows Them All In One Chart
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. As has become increasingly obvious to many, unconventional central bank policies have resulted in an...
View ArticleZeroHedge: Mitt Romney Is The Real Super-Fraud: Here’s The Proof, Chapter And...
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by David Stockman via Contra Corner blog, Now that’s a screaming case of the pot calling the kettle...
View ArticleZeroHedge: Dohaha, Slippery Oil Prices Laugh at Nearly Everyone
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. by David Haggith from The Great Recession Blog As predicted relentlessly here, the scuttled meeting in Doha...
View ArticleZeroHedge: The Most Dangerous Divergence
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Jim Quinn via The Burning Platform blog, The chart below would appear to be in conflict with the...
View ArticleZeroHedge: Monetary Analysis With Money, Please
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Ever since the U.S. Federal Reserve (Fed) began to consider raising the federal funds rate, which it eventually...
View ArticleZeroHedge: ‘Father Of Modern Finance’ Warns “Central Banking Is Like...
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by Christoph Gisiger via Finanz und Wirtschaft, Eugene Fama, professor of finance and Nobel laureate...
View ArticleZeroHedge: Trickle-Down Crash? Trophy Assets Suddenly Tanking
Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Submitted by John Rubino via DollarCollapse.com, One of the defining traits of the past few years’ “recovery”...
View ArticleIf It Seems Too Good To Be True…
By Chris at www.CapitalistExploits.at When my children were born I watched mesmerized as my wife did what countless women before her had done. The physical act of giving birth must be quite simply one...
View ArticleYellen Asset Management Update
With a 19x TTM P/E and S&P forward valuations remaining extreme by any measure, today’s Yellen warning is in fact in line with her previous warnings of irrational exuberance. Don’t fight The Fed…...
View Article