Archive

April 17th, 2014

williambanzai7's picture

PaGiNG DR KRuGMaN...





The Spirit of Keynes he'll consult...

 


Tyler Durden's picture

"Hillary For President" Fundraiser Busted For Illegal Campaign Contributions





If you listen carefully, you can hear the stampede of politicians distancing themselves from their once best-friend - Hotel magnate Sant Singh Chatwal - as AP reports, he plead guilty Thursday to charges he secretly funneled more than $180,000 in illegal campaign contributions to three unnamed candidates and coached someone to lie about it. Without the contributions "nobody will even talk to you," Chatwal said. "That's the only way to buy them, get into the system." Welcome to the ugly truth of American politik.

 


Tyler Durden's picture

Putin's Top 10 Q&A Quotes: "The US Will Cut Off Their Nose To Spite Their Face"





Ukraine’s crisis was, predictably, at the center of Vladimir Putin’s annual televised interview... but here are the Russian President's Top 10 Q&A quotes... “The US is certainly one of the world’s leaders. At some point it seemed that it was the only leader and a uni-polar system was in place. Today it appears that is not the case. Everything in the world is interdependent and once you try to punish someone, in the end you will cut off your nose to spite your face,”

 


Tyler Durden's picture

What Oil War Premium?





Central bank's ongoing and so-far-successful efforts to crush short-term volatility and encourage hapless individuals into the world's nominally rising stock markets has had consequences. Inequalities abound (rich vs poor, corporate profits vs capex/jobs, bond yields vs growth hopes) but nowhere else is this more evident - given the ever-increasing crescendo of the drum-beat of war around the world - than in oil price volatility. As the chart below shows... oil price volatility is at its lowest in 21 years. We can't help but be reminded of Taleb's priceless phrase that "there is no freedom without noise - and no stability without volatility."

 


Tyler Durden's picture

Princeton Study Confirms 'US Is An Oligarchy'





"...policymaking is dominated by powerful business organizations and a small number of affluent Americans, then America’s claims to being a democratic society are seriously threatened...

...even when 80% of the population favored a particular public policy change, it was only instituted 43% of the time."

 


Capitalist Exploits's picture

A Blueprint for Investing in Frontier Markets





The majority of global growth in the next decade will instead be generated by "frontier markets". in fact, over the past five years, 43 of the 47 highest-growth economies have come from the frontier.

 


Tyler Durden's picture

Wave To The Webcam Caption Contest





For an administration run by a "straight to TV" teleprompter, it is only fitting that the inspiration for reaching out to the unemployed masses should come straight from the Oscars. No Samsung's media stunt this time, just America's figurehead leaders kindly requesting everyone to please wave to the NSA-controlled webcam: after all they are on the other end, and smiling.

 


Tyler Durden's picture

Guest Post: Liberty Movement Rising





The liberty movement has just experienced one of its first great moments of realization and empowerment in Clark County, Nev., and millions of past naysayers have been shell-shocked. Corrupt leadership often crumbles in the face of steadfast resolve and courage. We have a long way to go before this Nation is once again truly free, but the liberty movement has proven its invaluable worth over the course of the past several days..."Freedom had been hunted round the globe; reason was considered as rebellion; and the slavery of fear had made men afraid to think. But such is the irresistible nature of truth, that all it asks, and all it wants, is the liberty of appearing."

 


Tyler Durden's picture

If The Smart Money Is Selling, Who's Buying?





Based on Bloomberg's Smart Money Flow indicator, there is a very significant amount of distribution going on... the question is just who is soaking up the smart money selling? Company buybacks, Johnny 5, or a greater-fool retail investor?

 


Tyler Durden's picture

It's Time To Ditch The Consumer Price Index (CPI)





That the official rate of inflation doesn't reflect reality is obvious to anyone paying college tuition and healthcare out of pocket. The debate over the accuracy of the official consumer price index (CPI) and personal consumption expenditures (PCE--the so-called core rate of inflation) has raged for years, with no resolution in sight. So why does the government maintain such a transparently inaccurate and misleading metric? For three reasons.

 


Pivotfarm's picture

Growth Rate China Slowest in 18 Months





You know when you want to read that last page of the book just before you fall off into the Land of Nod and the Sandman comes and sandbags you to fall asleep?

 


Tyler Durden's picture

The Great Stock Buyback Craze Is Finally Ending





As we reported last night, whether as a result of Snowden revelations and NSA blowback by BRIC nations, or simply because the global economy is contracting far faster than rigged and manipulated markets worldwide will admit, IBM's Q1 revenues not only missed consensus earnings, but dropped to their lowest level since 2009. And yet, IBM stock is just shy off its all time highs and earnings per share have been flat if not rising during this period, leading even such acclaimed investors who never invest in tech companies as Warren Buffett to give IBM the seal of approval. How is that possible? Simple: all that investment grade companies like IBM have done in the New Normal in order to preserve the illusion of growth, is to use cash from operations, or incremental zero-cost leverage, to fund stock buybacks. In essence a balance sheet for income statement tradeoff. However, that "great stock buyback gimmick" as we call it, is finally coming to an end.

 


Tyler Durden's picture

BTFDe-Escalation





VIX-slamming, USDJPY-ramping, BTFDe-escalating muppetry and we end the week near the highs with the S&P and Trannies comfortably green YTD (though notably underperforming gold still). Treasuries were sold hard today (7Y +10bps) as the D word was bandied about by the politicians (while in reality de-escalation was anything but what was happening), but the 5s30s still flattened modestly further. 10Y saw one of its worst days of the year and yields pressed up to their 200DMA. Gold and silver were flat to modestly lower as copper and oil limped higher. FX markets were relatively calm as the USD pushed higher on the week (+0.5%). Stocks closed weak into the close but after 3 days of ramp, it's hardly surprising.

 


Tyler Durden's picture

President Obama Discusses Obamacare And The (De)Escalation - Live Feed





An impromptu press conference... on Obamacare but we are sure there'll be time to poke the bear...

 


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