Archive - Mar 2015
March 31st
Former Fed Governor Admits Market Controlling The Fed Is A "Very Dangerous Development"
Submitted by Tyler Durden on 03/31/2015 07:20 -0500The constant changes to Fed policy targets and enslavement to the ticker must change, according to former Fed Governor Kevin Warsh. "The markets think they have Yellen's number," that she will never allow markets to go down, Warsh warns "that is a very dangerous development." What worries Warsh the most, however, is "The Fed's policies changing based on what happens on the ticker... The Fed should be thinking 3 to 4 years ahead." Investors "think good times can last forever," he notes ominously, "we tried negative real rates in the mid 70s and the early 2000s and both ended badly." Someone is not getting invited back on CNBC...
European Jobless Rates By Country: Youth Unemployment In Greece, Spain Remains Over 50%
Submitted by Tyler Durden on 03/31/2015 07:02 -0500Massive Blackout Hits Turkey, Grounding Planes, Stopping Subways; Terror Not Ruled Out
Submitted by Tyler Durden on 03/31/2015 06:39 -0500Turkey suffered a massive power outage that left half of the country’s 81 provinces without electricity, in what was the largest blackout in a decade and a half. Possible causes include a cyber attack and/or cats...
Frontrunning: March 31
Submitted by Tyler Durden on 03/31/2015 06:29 -0500- Apple
- B+
- Baidu
- Barclays
- Bond
- Carlyle
- Case-Shiller
- Chicago PMI
- China
- Citigroup
- Conference Board
- Consumer Confidence
- Corruption
- default
- Free Money
- Greece
- Iran
- Kraft
- Newspaper
- Private Equity
- Raymond James
- RBS
- Reuters
- Royal Bank of Scotland
- Saudi Arabia
- Serious Fraud Office
- Tata
- Vladimir Putin
- Wells Fargo
- Yuan
- Iran, powers push for nuclear deal as clock ticks toward deadline (Reuters)
- How DIY Bond Traders Displaced Wall Street’s Hot Shots (BBG)
- MillerCoors Caught in a Downdraft (WSJ)
- Saudi-led strikes again hit Yemen overnight (Reuters)
- Even With Free Money, Merkel Still Reluctant to Spend (BBG)
- Britain Uses Tax Breaks to Lure Digital-Game Developers (WSJ)
- China to Insure Deposits in Move Toward Scrapping Rate Curbs (BBG)
- As China Expands Its Navy, the U.S. Grows Wary (WSJ)
FRauFiNGeR...
Submitted by williambanzai7 on 03/31/2015 06:11 -0500Do you expect me to talk? No Mr Tsipras...
Futures, Oil Slide As Surging Dollar Now Takes Window Dressing Stage
Submitted by Tyler Durden on 03/31/2015 06:01 -0500- Across the Curve
- Australia
- Bank Run
- Bear Market
- Bond
- Brazil
- Case-Shiller
- Central Banks
- Chicago PMI
- China
- Consumer Confidence
- Consumer Credit
- Copper
- CPI
- Crude
- Dallas Fed
- Equity Markets
- Eurozone
- Fail
- fixed
- Germany
- Greece
- headlines
- Housing Market
- Iran
- Italy
- Japan
- Jim Reid
- Monetary Policy
- Nikkei
- Personal Income
- Price Action
- recovery
- Unemployment
Did stocks window dressing come one day early in this volatile, bipolar, stop-hunting, HFT-infested market? Looking at futures this morning, which are down about 12 points already on yet another surge in the USD which has sent the EURUSD just above 1.07, the lowest since March 20 , and the USDJPY back under 120 now that the "strong dollar is bad for stocks after all" algo seems to be back from vacation, all those hedge funds who chased risk higher yesterday because their peers did the same, may find they are all selling on the way down. It will be oddly ironic if all of yesterday's widely touted gains evaporate comparably in the first 10 minutes of trading today, and lead to an end in the longest streak of quarterly increases in two decades.
More Evidence of the Master Trading Algorithm
Submitted by Sprott Money on 03/31/2015 03:57 -0500Why is the assertion that “all markets are manipulated” generally greeted with scorn and derision?
March 30th
Broke? You May Now Be Entitled To a Free Home
Submitted by Tyler Durden on 03/30/2015 22:34 -0500"Now a legal quirk could bring a surreal ending to... foreclosure cases around the country: [borrowers] may get to keep their homes without ever having to pay another dime."
Asian Markets Mixed: China Jump, Crude Dump, Japan Slump
Submitted by Tyler Durden on 03/30/2015 22:17 -0500The exuberance of illiterate Chinese citizens knows no bounds as Shanghai Composite surges once again to record-er highs (now up over 15% in March alone) with some modest give back off the highs of the day. Japanese stocks on the other hand have folded like a cheap lawn-chair, giving up all their US session gains and down over 200 points from the US cash close. A similar pattern is seen in crude oil which has retraced most of the idiotic NYMEX close ramp.
Margin and Those Record Highs
Submitted by Tim Knight from Slope of Hope on 03/30/2015 21:40 -0500In 2007 we see another dive in correlation as the last high close occurs and fades away. We are again seeing a violation of the sub-60 area.
The Fed's Startling Student Debt Numbers That Every Young Person Should See
Submitted by Tyler Durden on 03/30/2015 21:33 -0500Like many of our prevailing social constructs, this education system is on the way out...
Did Reuters Falsify The Testimony Of A MH-17 Crash Witness?
Submitted by Tyler Durden on 03/30/2015 21:01 -0500Did Reuters fabricate a key part of its story about the downing of flight MH-17 in which the media outlet revealed "new evidence on downing of Malaysian plane over Ukraine." According to the main witness Reuters supposedly interviewed, the answer is yes: “When we talked about the Boeing on camera, I explained everything as I saw it. The things that I allegedly said off-camera, all this nonsense, was made up by the journalist himself. It's all lies, because off-camera, we never discussed the Boeing, and just spoke about life, about the current situation, so to speak.”
"Repeal, Don't Reform The IMF" Ron Paul Rages
Submitted by Tyler Durden on 03/30/2015 20:30 -0500By taking money from American taxpayers to support economically weak and oftentimes corrupt governments, the IMF distorts the market, enriches corrupt governments, and harms both the American taxpayer and the residents of the counties receiving IMF "aid." It is past time to end the IMF along with all instruments of American interventionist foreign policy.
Japan "Wakes Up," Joins China-led Development Bank (And Then Backs Out)
Submitted by Tyler Durden on 03/30/2015 20:00 -0500In what FT correctly notes is the "biggest coup yet for China," Tokyo looks set to break ranks with Washington and join the China-led AIIB.
According To The TSA, You May Be A Terrorist If...
Submitted by Tyler Durden on 03/30/2015 20:00 -0500The TSA has issued a set of guidelines that, if interpreted correctly, will assist in the identification of terrorists. Do you fit the description?






