• Tim Knight from...
    10/21/2014 - 18:16
    Want to live near the 0.1% and their problems? May I present to you 258 Middlefield Road, Palo Alto, California, which is located within walking distance from my house and is a mere $1,800,000 (well...

Tyler Durden's picture

VIX Has Never Done This Before... Ever

Never, in the history of VIX - the so-called 'fear-index' - has this ever happened before...



Tyler Durden's picture

Chicago Hospitals Monitoring 2 Sick Passengers From Liberia, CDC Not Testing For Ebola

Just when you thought it was safe to BTF-Ebola-Is-Fixed-Dip... ABC7 Chicago reports, two unrelated passengers (one child - vomiting, no fever; one adult - nausea, diarrhea, no fever) originating from Liberia became ill en route to O'Hare International Airport. The two patients are being monitored in isolation at The University of Chicago Medical Center and Rush University Medical Center but based on the latest reports and risk exposures (from the Chicago Ebola Resource Network), the CDC has determined not to test them for Ebola... (perhaps they are waiting for Ron Klain to start work tomorrow to give them the go-ahead).



Tyler Durden's picture

How To Start A War, And Lose An Empire

"...the American scheme of world domination through military aggression and unlimited money-printing is failing before our eyes. The public has no interest in any more “boots on the ground,” bombing campaigns do nothing to reign in militants that Americans themselves helped organize and equip, dollar hegemony is slipping away with each passing day, and the Federal Reserve is fresh out of magic bullets and faces a choice between crashing the stock market and crashing the bond market. In order to stop, or at least forestall this downward slide into financial/economic/political oblivion, the US must move quickly to undermine every competing economy in the world through whatever means it has left at its disposal, be it a bombing campaign, a revolution or a pandemic..."



Tyler Durden's picture

The Hedge Fund Industry's 25 Favorite ETFs

Exchange Traded Funds are becoming an important market for hedge funds as BofAML notes, they have shifted their profiles from shorting single stocks to more actively using ETFs as a hedge. On aggregate, BofAML reports that hedge funds owned $36.9bn worth of ETFs at the beginning of 3Q 2014, up notably from $33.8bn in the previous quarter, and these are the top 25 by market value.



Tyler Durden's picture

Guest Post: Obama The Great, The One True Indispensable Chief Of The NWO

Contrary to the opinion of Obama the Great, The One True Indispensable Chief of the NWO, the three principal threats we currently face are not Ebola, but QE-bola; not the locally disruptive Islamic State but the globally detrimental Interventionist State; and definitely not the Kremlin’s alleged (though highly disputable) revanchism being played out on Europe’s ‘fringe’ but the Kafkaesque reality of stifling and undeniable regulationism at work throughout its length and breadth. We might end by reminding the would-be wearer of the One Ring, as He lurks warily, watching the opinion polls from His lair in the White House, that in being so active in propagating each one of these genuinely existential threats to our common well-being, he will not so much ‘help light the world’ as help extinguish what little light there still remains to us poor, downtrodden masses.



Tyler Durden's picture

Carl Icahn: "The Fed Turned This Market Around Here"

"The Fed is really holding the market up.... The Fed turned this market around here because it let it be known that the Fed funds rate isn't going to be raised in March. I am concerned about the high yield market, I think that's in a major bubble, but nobody knows when it's gonna burst." - Carl Icahn



Tyler Durden's picture

19 Surprising Facts About The Messed Up State Of The US Economy

Barack Obama and the Federal Reserve are lying to you. The "economic recovery" that we all keep hearing about is mostly just a mirage...  For those out there that still believe that we are doing "just fine", here are 19 more facts about the messed up state of the U.S. economy.



Tyler Durden's picture

How Japanese Hyperinflation Starts (In 1 Chart)

The Japanese Yen's real effective exchange rate (REER) has collapsed to the weakest since 1982, according to Mitsubishi UFJ Morgan Stanley Securities. Simply put, REER is a trade-weighted measure of Yen strength (or weakness) against, in this case, 59 trading partners; and as the nation posts an unprecedented 27th straight month of trade deficits, Bloomberg reports MUFJ indicates "a structural shift" has taken place. As MUFJ chief FX strategist warns, "If the trade deficit doesn’t noticeably narrow from here, the yen’s real effective rate could fall to levels never seen before," and, ominously, "from a supply and demand perspective, yen selling for foreign currency by Japanese importers will just continue endlessly." And Japan becomes Venezuela...



Tyler Durden's picture

Tuesday Humor: 0.1% "Problems"

Presented with no comment...



Tyler Durden's picture

"Saudi's Policy Of Downplaying Oil Prices Will Backfire On Them"

Saudi Arabia wants to use lower oil prices to pressure Russia to change its stance on Syria, to antagonize Iran, and to force US shale gas out of the market, Pepe Escobar explains the possible blowback...



Tyler Durden's picture

Fed Inspector General Finds NY Fed Knew Of JPMorgan 'Whale' Risks In 2010, "Missed Opportunity"

"as part of its continuous monitoring activities at JPMC, FRBNY effectively identified risks related to the CIO's trading activities, governance framework, risk appetite, and risk management practices in 2010. Additionally, a Federal Reserve System team conducting a horizontal examination at JPMC recommended a full-scope examination of the CIO in 2009. However, FRBNY did not discuss the risks that resulted in the planned or recommended activities... As a result, there was a missed opportunity for the consolidated supervisor and the primary supervisor to discuss risks related to the CIO."



Tyler Durden's picture

How General Dynamics Just Got A $600 Million Check From Uncle Sam, Courtesy Of ISIS

Sometimes, in the fog of whatever is the Mideast war du jour started initially under a "humanitarian intervention" pretext then quickly morphing into yet another counter-Syria campaign to appease various Saudi and Qatari emirs and princes, it is easy to lose sight over just what the purpose of said war is. Luckily, we have the US military industrial complex to remind us, and specificially weapons and ammunition specialists like General Dynamics. So here, for those confused, is a summary of the the first half of the great circle, which uses war, mass killings and civilian casualties, as a cover to deploy what else: US taxpayer money into the pocket of US corporations. Lots of it. As Reuters reports, the U.S. government on Monday said it had approved the sale to Iraq of $600 million in tank ammunition manufactured by General Dynamics Corp saying it would help the Iraqi government establish an integrated ground defense capability.



Tyler Durden's picture

Land Of The Free? 1 In 3 Americans Are On File With The FBI In The US Police State

The sickening transformation of these United States into an authoritarian police state with an incarceration rate that would make Joseph Stalin blush, has been a common theme here. But now, as a result of our insane societal obsession with authority and disproportionate punishment, the WSJ reports that “nearly one out of every three American adults are on file in the FBI’s master criminal database.”



Tyler Durden's picture

Obama Humiliated Again After Weapons Airdropped For Syrian Rebels End Up In ISIS Hands

While we strongly suspect few are truly surprised by this turn of events, it is still yet another embarrassing stamp in the "do nothing stupid" foreign policy passport for President Obama's administration. As The Daily Beast reports, an ISIS-associated YouTube account posted a new video online Tuesday entitled, "Weapons and munitions dropped by American planes and landed in the areas controlled by the Islamic State in Kobani." While the authenticity of this latest video could not be independently confirmed, there is no doubt that the ISIS fighters in the clip are in possession of a rich bounty of American hand grenades, rounds for small rockets, and other supplies. The White House stated on CNN, "we feel very confident that, when we air drop support as we did into Kobani… we’ve been able to hit the target in terms of reaching the people we want to reach." Perhaps not all of them...



Tyler Durden's picture

What Rout? Stocks Have Best Day In A Year

Spot the odd one out: Short-end Treasuries flat, JPY carry risk-off, IBM/KO/MCD dumped, HY Credit weak... Stocks best day in a year!

Summing it all up: Volumeless buying panic on ECB buying rumors!



Do NOT follow this link or you will be banned from the site!