Tyler Durden's picture

Google Or Apple, FactSet Asks "Who's Bigger"?

On the first day of this month, Google.. er, Alphabet.. turned in an impressive quarter. The stock jumped AH and just like that, Alphabet was the world’s most valuable stock, surpassing Apple. Since Monday, Apple regained the top spot in terms of market cap, but given the fanfare, it's worth taking a look at how the two most valuable companies in the world stack up to the rest of the field on a variety of "trivial" things like revenue and net income.


Tyler Durden's picture

Super Bowl 50 - What Has Changed In The US Since 1967

America has changed a lot since Super Bowl 1 in 1967 but, as the cost of tickets, airfare, commercials, and beer have soared, real median incomes have risen just 9%... is it any wonder the 'people' are revolting.. towards Bernie and The Donald? However, the economics of Super Bowl 50 are every bit as cloudy as the general American economy... which looks set to be re-named "The Unicorn Bowl."


Tyler Durden's picture

Another Exponential Chart: Record Numbers Renounce Their U.S. Citizenship In 2015

Few charts do the topic of US citizenship renunciation justice, like the one shown below.


Tyler Durden's picture

Dear Barack... You Forgot To Mention A Few Things

While 'our' President was out this week patting himself on the back and taking victory laps over the "supposed" 4.9% unemployment rate, he forgot to mention a few important tidbits about what is really going on.


Tyler Durden's picture

2016 EPS Growth Estimates Slashed By 50% Just One Month Into The Year

We open it up to readers to determine in how many weeks will full year 2016 EPS be revised tom 4.3% as of the start of the year, to 2.2% currently, to negative, indicating at least 7 consecutive quarters of declining EPS, something not recorded even during the peak of the financial crisis. Incidentally, an earnings recession is two consecutive negative quarters of EPS: we don't know what the technical term is for seven...


Tyler Durden's picture

Crunch Time?

It seems monetary policy is exhausted and the next exogenous lever to pull would be political fiscal initiatives. If/when they fail to stimulate demand, there would be only one avenue left – currency devaluation. If/when confidence in the mightiest currency wanes, we would expect the US dollar to be devalued too - not against other fiat currencies, but against a relatively scarce Fed asset.


Tyler Durden's picture

Ron Paul Slams Cruz And Hillary: They Are Both "Owned By Goldman"

Ted Cruz is no libertarian, Ron Paul rages, adding that "You take a guy like Cruz, people are liking the Cruz - they think he’s for the free market, and [in reality] he’s owned by Goldman Sachs. I mean, he and Hillary have more in common than we would have..."


Tyler Durden's picture

Madeleine Albright Stunner: "There's A Special Place In Hell For Women Who Don't Help" Hillary

The Clinton campaign must be in full panic mode to resort to spewing this kind of utter garbage...


Tyler Durden's picture

Bank Of America Admits The U.S. May Already Be In A Recession

"The US Treasury curve is still steep by historical standards. Taken at face value, this may suggest recession odds are small. However, we argue this logic is flawed because the curve is structurally steep when the Fed Funds rate is close to zero. When adjusted for the proximity of rates to zero, the curve may already be inverted and therefore may already be priced for a recession./// Implied recession odds are as high as 64% if the adjusted OIS curve is used"


Tyler Durden's picture

The American Dream Is Dead (And Now Even The Mainstream Media Is Starting To Admit It)

Are you living “the American Dream”?  If so, you should consider yourself to be very fortunate, because most Americans are not


Tyler Durden's picture

Iran Says No Thanks To Dollars; Demands Euro Payment For Oil Sales

Iran enjoys trolling the United States. In fact, it’s something of hobby for the Ayatollah, who has maintained the country’s semi-official “death to America” slogan even as President Rouhani plays good cop with Obama and Kerry. In the latest humiliation for Washington, Tehran now says it wants to be paid for its oil in euros, not dollars.


Tyler Durden's picture

Morgan Stanley: "We Struggle To Remember When Bearish Sentiment Was As Widespread As Today"

"... the growing perception that central banks are moving away from QE-style programmes to negative interest rates is less supportive for equities, in our opinion. With little evidence so far that negative rates boost aggregate economic activity, the risk is that this policy tool increasingly resembles a more blatant form of 'beggar thy neighbour' currency devaluation. A shift towards a more nationalistic and perhaps less coordinated global policy response could signal a quickening in the pace of fiat currency debasement and augurs badly for risk appetite, in our view."


Tyler Durden's picture

Is This How The Smart Money Is Betting On A Market Crash?

Instead of allocating capital to expensive tail risk bets on direct asset class collapse (in equities, credit, and commodities), it appears, just as we detailed previously, the 'smartest money in the room' is "betting" indirectly on a stock market crash through eurodollar options.


Tyler Durden's picture

This Is What Hillary Told Wall Street Behind Closed Doors

“It was like, ‘Here’s someone who doesn’t want to vilify us but wants to get business back in the game’”...


Tyler Durden's picture

Personal Freedom Versus Political Paternalism

What is the role of government in society? The answer determines the nature of the social order and how people are expected and allowed to interact with one another – on the basis of either force or freedom. The alternatives are really rather simple. Government may be narrowly limited to perform the essential task of protecting each individual’s right to his life, liberty, and honestly acquired property. Or it may be used to try to modify, influence, or dictate the conduct of the citizenry.


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