• Tim Knight from...
    02/06/2016 - 00:25
    What we must remember is this: we are in a bear market, and the risk of a countertrend rally is present, but confined. The opportunity on the downside movement dwarfs the risk of a push higher, as...
  • Phoenix Capital...
    02/06/2016 - 10:15
    2008 was caused by derivatives based on consumer-focused assets (houses). The next crisis will be driven by derivatives on government-focused assets (bonds).

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.


Tyler Durden's picture

The Chart Of Doom: When Private Credit Stops Expanding...

Three out of the five major economies are already experiencing stagnant or negative private credit growth. Three down, two to go. Helicopter money--government issued "free money" to households--is no replacement for private credit expansion.


Tyler Durden's picture

President Obama Explains How Surging Bartender Jobs Are Unequivocally Good - Live Feed

Following Jason Furman's "Baghdad Bob" appearance on CNBC this morning, it is President Obama's turn to gloat over the awesomeness of a 4.9% unemployment rate (never mind the fact that the gains during his presidency have gone to low-paying jobs). A job is a job after all... right?


Tyler Durden's picture

German Spy Chief Says ISIS Operatives Have Infiltrated Europe Disguised As Refugees

A day after German authorities arrested three men in connection with a planned terrorist attack on Berlin, Germany's intelligence chief warns that ISIS fighters are hiding among the 1.1 million refugees the country took in 2015. "We have repeatedly seen that terrorists have slipped in camouflaged or disguised as refugees," he says. “This is a fact that the security agencies are facing.”


Tyler Durden's picture

Even With the Market Rolling Over, This Is What Bears Are Worried About

With faith in "growth" faltering and the momo leaders rolling over, there are still worries for the bears in the intermediate term...


Tyler Durden's picture

An Update On The Waiter And Bartender Recovery

Since the US manufacturing sector is unofficially in a recession, and since the US service sector is allegedly growing like gangbusters, we are updating our favorite chart showing the bifurcation in the New Abnormal US economy: the job gains by U.S. manufacturing workers on one hand, and by waiters and bartenders on the other.


Tyler Durden's picture

New Poll Shows Clinton, Sanders Tied - Hillary's Lead Evaporates In 6 Weeks

People are starting to get it. They understand the system has morphed into a rigged fraud, and they understand that Sanders really, desperately wants to change it.


Tyler Durden's picture

Amazon Crashes To 4 Month Lows, Breaks Key Technical Support As "Growth" Fails

It appears the growth-value divergence is collapsing...


Tyler Durden's picture

All Job Gains Since December 2007 Have Gone To Foreign-Born Workers

Starting with the infamous month when it all started falling apart, December 2007, the US has added just 186,000 native-born workers, offset by 13.5x times more, or 2,518,000, foreign born workers.


Tyler Durden's picture

Anti-Goldilocks Jobs Data Sends S&P Back Into Correction

Not warm enough to support growth guesses and not cold enough to keep The Fed on the sidelines... stocks are not amused by today's "great" or "terrible" jobs data and the S&P 500 is back below 1900, down over 10% from record highs...


Tyler Durden's picture

Will Non-OPEC Oil Production Collapse In 2016?

The recent surge in world production that was brought about by high prices was a USA and Canadian phenomenon only.


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