"It's A Massacre" - Each Day 134 Retail Outlets Close In Italy
If anyone is still not convinced that surging stock bourses in Europe are indicative of anything more than central bank liquidity, carry trade allocation and localized asset bubbles, we present a...
View ArticleMongolia - A Country That Actually Has a Future!
Originally posted at http://capitalistexploits.at/By: Chris TellSince this blog is pretty much a running commentary of our “exploits”, today I decided to post up an email conversation I had with our...
View ArticleClik here to view.
"We Want Fairness. There Is No Fairness If You Do Not Let Us Cheat"
To find what is perhaps the best analogy of the mentality behind today's global capital markets and the perhaps the entire US economy as well, one has to travel to Zhongxiang in Hubei province, where a...
View ArticleFed Tells E-Trade Baby What To Do, Jeffrey Lacker Edition
Another faux-hawk takes the dovish tone and walks back the new normal 'template-less' Taper tantrum that Bernanke created...LACKER SAYS FED NOT 'ANYWHERE NEAR' CUTTING BALANCE SHEET SIZELACKER SAYS...
View ArticleClik here to view.
June Restaurant Spending Plunges By Most Since February 2008
On one hand restaurants and bars have been a boon to the US economy. As first reported in June, and updated two weeks ago, America's waiters and bartenders (increasingly more of which are part-time)...
View ArticleClik here to view.
No Country For First-Time Home Buyers
There was a time when the US housing market was not "driven" by hedge funds armed with government-subsidized, "REO-to-Rent" loans loading up on distressed properties, by banks refusing to release...
View ArticleClik here to view.
Quantitative Eating: Fewer Americans Are Exercising In 2013 Compared To 2012
The chart below, showing the distinct seasonal pattern in American exercise activity, with a summer (May-September) peak among those who train for 30 minutes at least 3 times per week, is not...
View ArticleFrontrunning: October 24
Central Banks Drop Tightening Talk as Easy Money Goes On (BBG)More Democrats voice Obamacare concerns as website blame goes around (Reuters)Contractors Point Fingers Over Health-Law Website (WSJ)Jury...
View ArticleAnother Hedge Fund Legend Returns Cash To Investors Due To "Lack Of...
While hardly as spectacular as Hugh Hendry's supernova flameout, or the far more boring, slow motion conversion of the assorted other famous and less famous bears, a legendary hedge fund titan has...
View ArticleHugh Hendry Goes Stock, Bitcoin Bull Retard: "Don't Tell Me The Valuation, It...
Everyone knows "you never go bull retard," but it seems Eclectica's Hugh Hendry, the hardiest of hardy Scots, has accepted that there is only one way for this farce to end (as we predicted back in...
View ArticleClik here to view.
Forbes Reveals Its "Top 30 Under 30" In Finance
Roughly around the time when the death knell for SAC Capital as a hedge fund (now since defunct, existing purely as a family office following the biggest insider trading crackdown against a US-based...
View ArticleClik here to view.
E-Trade Denying Users Login Access 30 Minutes Ahead Of Fed Minutes
It appears that E-Trade has some log-in issues with its website, since for the past 15 minutes anyone who tries to log into their account, gets the following error screen.As of this posting, it is...
View ArticleHoward Marks' Views On When Markets Will Be Efficient (Hint: Never)
While the topic of Howard Marks' latest letter is the role of luck in everything from the life one leads to investing, the part we found particularly engaging was his discussion of (in)efficient...
View ArticleFutures Shake Off Weak Earnings, Levitate Higher: Global Market Summary
Weak results from Intel, American Express and Capital One, not to mention Goldman and Citi? No problem: there's is overnight USDJPY levitation for that, which has pushed S&P futures firmly into the...
View ArticleFrontrunning: January 24
Emerging market sell-off raises specter of contagion (Reuters)China Bank Regulator Said to Issue Alert on Coal Mine Loans (BBG)Argentina to Ease FX Controls After Peso Devaluation (BBG)Pimco's Gross...
View ArticleFrontrunning: January 31
Even Obama's fans has turning on him: "The Decline and Fall of 'Hope and Change'"European Stocks Drop, Head for Worst January Since 2009 (BBG)Euro-Area Inflation at 0.7% Builds Rate Pressure on ECB...
View ArticleBarclays Fires 12,000; Reports Horrible Earnings, Awards Itself Bigger Bonuses
It is not easy for one bank to anger more people with one announcement than what Barclays did in the past 24 hours. In one fell swoop, the British bank infuriated shareholders after announcing dismal...
View ArticleClik here to view.
One Idea How To Generate 5.8 Million Jobs
According to the Economic Policy Institute, a Washington think tank supported by organized labor, the answer to generating up to 6 million more jobs is as simple as ending global currency manipulation....
View ArticleFutures Fade As Chinese Credit Tremors Get Ever Louder
Unlike most trading sessions in the past month, when the overnight session saw a convenient algo assisted USDJPY/AUDJPY levitation, tonight there has been no such luck for the permabullish E-Trade...
View ArticleClik here to view.
This Is The Headline That Broke Today's Downward Momentum
You know it's bad when... the red flashing headline that sparked the accelerating downward momentum in US equity markets to stop and reverse on a dime is...*JAPAN TO DOWNGRADE ECONOMIC ASSESSMENT IN...
View Article