Tyler Durden's picture

Hong Kong Insanity Launches Exchange Operator's Shares Into Orbit

Because the only thing more exciting than betting on the continuation of a margin-fueled, self-feeding domestic mania is betting on the exchange where the maniacs are trading...



Tyler Durden's picture

Is This How The Bank Of Japan "Signals" It Is About To Boost QE?

As we have noted previously, The Bank of Japan (BoJ) is one of a handful of central banks that trade on global stock markets. The finance ministry holds a 55% stake of the Jasdaq-traded security, which as one analyst noted "seems like an odd investment." However, it appears BoJ shares serve a different purpose - to signal an imminent easing to the market. As Bloomberg reports, BoJ stock has surged almost 30% in the last few days on very heavy volume... the previous 4 times we saw spikes in price and volume, Japanese authorities eased significantly in the following days.



Tyler Durden's picture

Greece May Pay Wages And Pensions In IOUs

Greece could "issue IOUs to pay public sector workers and pensioners and free up money to repay its debts. But this could cause economic chaos if fears that the IOUs would never be paid sparked riots or public sector employees simply refused to work."



Tyler Durden's picture

Cop Sues NYPD Over Quotas, Slams The Racketeering Culture

"The culture is, you're not working unless you are writing summonses or arresting people...  Those tickets might look like productivity on paper... but they're not actually making anyone safer."



Tyler Durden's picture

Mario Draghi, Collateral Scarcity, And Why The ECB Will Soon Buy Corporate Bonds

Mario Draghi, perhaps blinded by confetti, doesn't see a scarcity of collateral while HSBC thinks that's a bit "strange," and Morgan Stanley doesn't really see what the problem is even as their own analysis shows that it is now "impossible" for Germany to fully implement their portion of the program under the capital key. Meanwhile, FT thinks it's possibly important that thanks to the absurd consequences of NIRP-dom, the ECB may soon take the plunge into euro corporate credit sending yields on corporate bonds negative.



Tyler Durden's picture

San Antonio Woman Fined $2000 For Feeding The Homeless

Based on the newsflow in the last few weeks, Americans must increasingly consider themselves lucky just to avoid getting shot in the back or being run over by trigger-happy, heavily armed officers of the law. Unfortunately while we (hope we) mostly jest, the reality is that America has quietly turned into a heavily weaponized police state right under everyone's noses. A police state in which one doesn't have to be considered even a remote threat by the authorities to suffer. Consider the completely innocuous act of feeding the homeless, with a permit, which as San Antonio philanthropist Joan Cheever, founder of the nonprofit food truck, the Chow Train, discovered last week was enough to get her ticketed and fined $2000 for feeding the homeless.



Tyler Durden's picture

A World Of Bubbles

ECB's Draghi: "Haven't seen any evidence of any bubbles"
Fed's Bullard: "Most of the risk from bubbles lies ahead of us"
China's Li: "Will guard against bubbles"



Tyler Durden's picture

Paul Craig Roberts: "Will Washington Kill Us All?"

The propagandistic American “media” and the crazed neoconservatives have set humanity on the path to destruction. The American people and the entire world need to understand that the threat to life on earth resides in Washington and that until Washington is fundamentally and totally changed, this threat will remain as the worse threat to life on earth. Global Warming can disappear instantly in Nuclear Winter.



Tyler Durden's picture

Dutch Central Banker Fired For Being A "Nazi Cross-Dressing, Nymphomaniac, Dominatrix" Prostitute

They say don't let money printing get to your head, but for one now former central banker it is far too late. The identity of the former employee of the Dutch Central Bank in question is unknown, what is known is that the money authority of the Netherlands has fired a 46-year-old female employee who for 6 of her 8 years with the central bank made money on the side as a "dominatrix prostitute who described herself as a high-class nymphomaniac and earned €10,000 a week dressing up as a Nazi and whipping men."



Tyler Durden's picture

Artist's Rendering Of The California Drought

A rude awakening...



Tyler Durden's picture

If QE Is So Great, Why Stop Printing Now?

Chair Yellen frequently reminds us how effective and innovative QE is as a monetary policy tool. She even referred to the monetary actions, of her former boss, as heroic at a commencement speech this past spring. Literally…QE has saved the financial world. So, why are we, the citizens of this great country, no longer worthy of the almighty, far ranging and omnipotent QE? Ms. Yellen, don’t you stop this money printing anytime soon. Just erase that thought from your mind just like you can simply erase away all my financial worries with that great machine of yours. We, the ignorant public, are so relying on you. As we see it there is just no downside to any of this money printing.



Tyler Durden's picture

So You Want Bridgewater To Manage Your Money? There Is One Small Condition

"Bridgewater’s assets under management increased from $150 billion as of 12/31/13 to approximately $154 billion as of 12/31/14."... "Bridgewater generally requires that its Clients have a minimum of $5 billion of investable assets."... "For new client relationships, Bridgewater’s standard minimum fee is expected to be $500,000 for its All Weather strategy, $1,000,000 for its Pure Alpha and Pure Alpha Major Markets strategies, and $4,750,000 for Optimal Portfolio."



Tyler Durden's picture

Sex-Partying, Teen-Hooker-Funding DEA Agents Get Slap On Wrist, None Fired

A summary of the internal report shows the DEA doled out punishments to 10 of its agents, which ranged from a letter of caution to a two-week suspension. None of the agents who participated in the parties was fired. Re. Elijah Cummings exclaimed, the report depicted “truly breathtaking recklessness” and showed “DEA agents as completely out of control," lamenting “Hello? Am I missing something? I think we are at an all-time low here." We suspect it can get a lot lower yet.



Tyler Durden's picture

Virtu Explains Why It Lost Money On Just One Trading Day In 6 Years

"We Win More Than We Lose"



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