Tyler Durden's picture

This Is What Happens When A Millennial Tries To Get A Job

Heavily-indebted millennials are quickly finding out what it means to enter the job market during the "waiter and bartender recovery" as recent graduates with advanced degrees opt for serving tables and pouring drinks thanks to poor employment prospects. “You’re like, ‘I’ll do anything and apply for everything, but usually it’s an electronic filing and you’re spending all your time on it and never hear back. So far, I have applied for around 30 jobs, if not more, and have heard back on two of them."



Tyler Durden's picture

Welcome To The Ebay Stock Market

When we first brought the world's attention to the 330ET daily ramp in US equity markets, we were shrugged off as conspiracy wonks once again, but 2 years later - as trading activity has become increasingly focused in smaller and smaller windows during the trading day, so the mainstream media has finally been forced to admit that the US equity market has become nothing but Ebay - where everyone waits til the last second.



Tyler Durden's picture

Martin Armstrong Warns "This Time Is Very Different"

"...this time it is substantially different. Government is now on the hook, which is part of the reason why they are moving to eliminate cash to prevent bank runs and to force society to comply with their demands....They have lied to themselves and to the people. We have to crash and burn – that part is inevitable. Only when the economy turns down will we then argue over solutions."



Tyler Durden's picture

Dead Markets Drifting As Dollar Drops



Tyler Durden's picture

The Leading And Most "Distinctive" Causes Of Death In Your State

The "average" American isn't doomed to die from a heart attack. According to a recent study by the CDC looking at the most distinctive deaths by state, by which they mean which type of death is abnormally represented relative to the national mean, Americans have a veritable cornucopia of ways in which they "pass" depending on which state they call home.



Tyler Durden's picture

Obama-Style Immigration Reform May Be Dead As DoJ Won't Seek High Court's Help

Obama-style immigration reform could be dead in the water as the DoJ's decision not to seek a Supreme Court end-around on the President's stalled executive order presents a number of possibly insurmountable problems.



Tyler Durden's picture

When Chasing The Tape - Please Mind The Lemmings

"...with each passing session the casino is getting more dangerous, but the lemmings have no clue and the narrative gets ever more specious."



Tyler Durden's picture

Welcome To The Recovery 2015: JP Morgan To Fire 5000

"J.P. Morgan Chase & Co. has begun layoffs that are expected to total more than 5,000 by next year, people familiar with the matter said. This latest phase of cuts started earlier this year and would eliminate at least 2% of the bank’s workforce over the next year," WSJ reports.



Tyler Durden's picture

The "Revolving Door" Goes Full Retard: SEC Hires Goldmanite Who Previously Worked At The SEC

Just when you thought the US regulators may have finally become less tone deaf to the shame of the revolving door, especially following last year's latest scandal confirming Goldman runs the New York Fed (and every other central bank), here comes the SEC with an absolute shocker, not only proving once and for all that when it comes to regulatory capture, there is nobody in charge quite like Lloyd Blankfein, but unveiling what may have been the first ever double revolving door in SEC history, after the SEC announced it had hired as its new chief of staff a former Goldman worker who had previously worked at... the SEC. And with that the we have gone not only full circle but full retard as well.



Tyler Durden's picture

Will The Real Hillary Clinton Please Stand Up?

While Obama unleashes his "folks" phrasing to appeal to middle-America, it appears Hillary Clinton has a different approach in her effort to reach "everyday Americans" - speak in tongues. As The Hill reports, Clinton - who grew up in Chicago - spoke with a Southern accent during a swing through South Carolina yesterday. What is even more disturbing is the fact that it is not the first time she has faked her accent as Bloomberg exposes various versions of American English employed by Clinton, going back to her early years as first lady of Arkansas and first lady of the United States.



Tyler Durden's picture

Poroshenko Threatens To Declare Martial Law In Ukraine Within Hours "To Demonstrate Readiness For War"

In the case of any advance of Ukrainian army positions - and who is to say whether there is or not - Ukraine's President Poroshenko says he will declare martial law across his country within hours. As RT reports, Poroshenko added that Ukraine will "demonstrate its readiness for war, for victory, for defense and for peace."



Tyler Durden's picture

The Stock Market - A Picture Of Excess

It is unknowable how much more pronounced these excesses can become, especially in light of extremely loose monetary policy around the world. Things could easily become quite dicey as soon as tomorrow, but it is just as easily possible that valuations will continue to expand for some time yet. However, these data do indicate one thing: risk has increased enormously, and it will keep increasing the longer the bubble persists. Frankly, the situation also scares us a bit, because we expect that governments and their agencies (such as central banks) will find it extremely difficult to deal with the next crisis. They have become quite overstretched as a result of the last one. After having gone “all in” last time around, what are they supposed to do for an encore? The only options that come to mind are repressive measures such as capital controls, confiscation of private wealth, and a host of other unpleasantries.



Tyler Durden's picture

It's Official: Austria Repatriates Gold, Confirms Loss Of Faith In Bank Of England

Earlier today the Austrian Central Bank confirmed the Kronen-Zeitung report, and said that by the year 2020, it would hold 50%, or 140 tons, of its gold domestically, up from 17% currently. This means that Austria will withdraw some 140 tons of gold from the BOE which holds 80% of Austria's gold currently and send 92.4 tons back home to Vienna with another 47.6 tons being sent to Switzerland. Which is also the biggest news: Austria is explicitly demonstrating a lack of confidence in the "pro-western" system of which the Bank of England is a critical cog, and instead opting for "neutral" Switzerland, which will hold nearly 50 tons of the gold formerly located at the Bank of England.



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