Tyler Durden's picture

Pros & Cons Of Obama's $10/Barrel Oil Tax

With President Obama unveiling his $10/Barrel tax plan to fund government-subsidized public transportatation (versus an individual's choice over his method transportation), we thought a glimpse at the pros and cons of such a choice may be useful...


Tyler Durden's picture

Weekend Reading: The Awakening

"More monetary stimulus, wherever it is in the world, isn’t the answer for a global economy still trying to find a new growth path. Pay attention to bonds and ignore the sirens of the stock market."


Tyler Durden's picture

BofA: "The Sense Of Calm Which Had Descended On Markets Has Come To An Abrupt End"

"This time it has been the USD which has been the focal point. Investors continue to rotate through a vicious circle of concerns on China, commodities and US growth and with a still large long position, further near-term USD losses are likely as broader US data momentum remains weak."


Tyler Durden's picture

The First Warning Sign That Cushing May Be About To Overflow

Enterprise Products Partners has told at least some counterparties that it is experiencing delays in delivering crude from its tanks, according to three sources who were informed of unspecified "terminalling and pump" issues.  The hiccups may be a sign of things to come as traders fear a further increase in stocks at Cushing would test the upper limits of tanks and cause the next leg of an 18-month rout.


Tyler Durden's picture

Gold Surges Back Into The Green After $1.2 Billion Morning Plunge

After someone decided to dump $1.2 billion notional in gold futures this morning as the jobs data hit - sparking a $20 tumble in the precious metal - it appears stock sellers are greatly rotating to the safety of bullion (over bonds)...


Tyler Durden's picture

The Swiss National Bank Doubled Its Holdings Of AAPL Stock In 2015

In a year in which AAPL not only entered a bear market, but dropped to multi-year lows, the SNB almost doubled its total AAPL holdings, which as of December 31, 2015 amounted to 10.4 million shares, up from 5.6 million a year earlier


Tyler Durden's picture

Flint Officials Could Have Prevented Lead Crisis for $80 A Day, Broke Federal Law Instead

"It’s outrageous that this sort of government-made catastrophe would happen anywhere in the United States..."


Tyler Durden's picture

"High-Skilled Hillbillies" Become Computer Programmers As Coal Dies Slow Death

The death of coal as had a dramatic impact on Appalachia, where generations of miners depended on the industry to provide economic stability. Now, with coal rapidly becoming a black relic of a bygone era thanks in part to cheap natural gas and angry environmentalists, some Kentucky residents have taken up a new profession: coding.


Tyler Durden's picture

Divided America

There is not one America today, nor two. Politically, there are at least four.


Tyler Durden's picture

North Dakota's Economy Has Been "Completely Devastated" By Oil's Collapse

North Dakota "has been the economic envy of every state in America for most of the past decade with the lowest jobless rate, the highest increase in personal income, and the fastest-growing population." Not anymore.


Tyler Durden's picture

Oil Jumps As US Rig Count Plunges Most Since April

After weeks of modest declines, the US Oil Rig Count plunged by 31 to 467 this week - the biggest drop since April 2015 led by a 19 drop in Texas. Total rig count crashed 48 to 571. The reaction, though muted, was a jump in crude prices.


Tyler Durden's picture

Robust Job Growth Doesn't Make Sense And The Numbers Show Why

There is no productivity mystery, only a distinct and illegitimate lack of curiosity on the part of economists to simply take the Establishment Survey as gospel regardless of how little it fit the rest of the world. It also calls into question the legitimacy of the FOMC and monetary policy that was certainly subject to, and predicated upon, the same quackery. No matter how little the payroll reports described the economy as it was, including the relation to GDP, they held on to nothing else to instead deny everything.


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