Tuesday Humor: Biggest Fed Dove Concerned About "Real Erosion Of People's...
In all honesty, we were a little confused whether to call this Tuesday Humor or Tuesday Schizophrenia, because moments ago the biggest dove at the Fed, Minneapolis Fed's one-time converted uberhawk...
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Number Of Middle Age Californians Living With Their Parents Soars
In the latest indication of just how strong the US "recovery" is, we find that the number of Californians 50 to 64 who live in their parents' homes has surged in recent years, which as the LA Times...
View ArticleFrontrunning: April 24
Ukraine forces kill up to five rebels, Putin warns of consequences (Reuters)Obama to Russia: More sanctions are 'teed up' (AP)Vienna Banks Bemoan Russia Sanctions Testing Cold War Neutrality (BBG)GE’s...
View ArticleHow China Hides Its Tumbling Housing Market: It Simply Ignores It
Recently we showed that in order to goose its fading all-important housing market (to China housing is like the stock market to the US: both mission-critical bubbles designed to give a sense of comfort...
View ArticleFrontrunning: April 11
Sensitive Market Data Leaked After Government Phone Call (WSJ)This is a actual Bloomberg headline: China Fake Data to Skew More Export Numbers (BBG)This is another actual BBG headline: U.S. as Global...
View ArticleFrontrunning: April 23
Ukraine's leaders say have U.S. backing to take on 'aggressors' (Reuters)Goldman Sachs Stands Firm as Banks Exit Commodity Trading (BBG)Obama reassures Japan, other allies on China as Asia trip begins...
View ArticleFrontrunning: July 14
Secret Path Revealed for Chinese Billions Overseas (BBG)Traders Flood U.S. With $3.4 Trillion of Bond-Auction Demand (BBG)Just in time to cover bad earnings in a massive $3.8 billion "one-time charge":...
View ArticleFrontrunning: July 24
EU to weigh extensive sanctions on Russia (FT)U.S. lifts flight ban to Israel (Reuters)Russia says will cooperate with MH17 probe led by Netherlands (Reuters)Norway faces ‘concrete and credible’...
View ArticleFrontrunning: August 14
Police fire tear gas, stun grenades at Missouri protesters (Reuters)Putin’s Pipeline Bypassing Ukraine at Risk Amid Conflict (BBG)Russia's Largest Oil Company Seeks $42 billion to Weather Sanctions...
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This Pension Fund Is Daytrading Your Retirement Funds, With Up To 500% Leverage
While we have already noted the backlash against hedge funds as a result of their chronic underperformance of the market over the past 5 years, resulting in first Calpers and now Texas Pensions to pull...
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"Sea Of Red": US Futures Tumble, DJIA Red For The Year, DAX At One Year Low,...
And just like that. everything is crashing. Whether it is Asia, Europe, or even US futures, an entire generation of traders are waking up to something few have seen in the past 6 years: a very rare sea...
View ArticleFrontrunning: October 10
It wasn't Obama this time: Pakistani teen, Indian activist win Nobel Peace Prize (Reuters)Surging VIX Shakes Bulls as S&P 500 Charts Go Haywire (BBG)Global shares hit six-month low as growth...
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Doug Kass: The Day The Market Died
Here is Doug Kass' latest: "The Day the Market Died" (to be sung to the tune of Don McLean's " American Pie" and with special recognition to Sean Brady and Tom Kearney who originally presented this...
View ArticleFrontrunning: October 20
Stick to tapering and rates pledge, says Boston Fed chief (FT)Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders (Reuters)Obama makes rare campaign trail appearance, some leave...
View ArticleFrontrunning: October 22
Russia Loses Oil Ally in De Margerie After Moscow Crash (BBG)Austria's Erste denies report it has failed stress tests (Reuters)Sweden gets two new sightings, as hunt for undersea intruder goes on...
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Bullard Does It Again, Says Market "Misread" His QE4 Comment
Here we go again.By now everyone, including 2 year old E-trade babies and Atari algos know, that the only reason the market soared from the October 15 bottom, a move which we showed was entirely due to...
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Hedge Funds Most Long The S&P500, Most Short The 10 Year In Six Months, Still...
Once upon a time hedge funds were actual rational, sensible, intelligent creatures whose PMs - rightfully - collected 2 and 20 (i.e., hundreds of millions) for not only outperforming the market but for...
View ArticleFrontrunning: January 13
Oil Drops Below $45; U.S. Stockpiles May Speed Collapse (BBG)Pound Drops as Traders Write Off Higher Rates on Inflation Slump (BBG)Oil prices down again as UAE defends holding production (Reuters)The...
View ArticleFrontrunning: January 23
Saudi Arabia’s New King Probably Will Not Change Current Oil Policy (BBG)Saudi King’s Death Clouds Already Tense Relationship With U.S. (WSJ)Oil Pares Gains as New Saudi King Says Policies Stable...
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Monetary Metals Brief 2015
It’s the start of a new year. The question on everyone’s mind is whither the prices of gold and silver? This Brief presents our answer (and the full Monetary Metals Outlook 2015 report gives our...
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