• Steve H. Hanke
    05/04/2016 - 08:00
    Authored by Steve H. Hanke of The Johns Hopkins University. Follow him on Twitter @Steve_Hanke. A few weeks ago, the Monetary Authority of Singapore (MAS) sprang a surprise. It announced that a...

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May 3rd, 2016

Tyler Durden's picture

ECB Blames You For Negative Interest Rates





Revolutions, of course, can take many forms. There are social revolutions, political revolutions... and even financial revolutions. Now that interest rates are negative in many parts of the world, the financial system has become an incredibly destructive force. Negative rates adversely impact the livelihoods of just about everyone, from the average guy on the street all the way to the banks themselves... and a few key players have reached their breaking points and are starting to engage in acts of defiance.

 

EconMatters's picture

EIA Inventory Report Analysis and Key Levels to Watch in the Oil Market (Video)





Last week we had a bearish EIA Report and Oil moved up $3 bucks due to Fund Flows getting ahead of the fundamentals.

 

Tyler Durden's picture

"Back On Solid Ground..."





It can only get better from here... right?

 

Tyler Durden's picture

"We Expect A Sizeable Sell-Off" - One Hedge Fund's Four Mega-Bearish Trades





From our friends at Fasanara Capital we get their latest contrarian - and very bearish - Investment Outlook, which can be summarized as follows: "Reflation Phase To Be Temporary, More Downside Ahead", and which also contains four key conviction trade ideas over the next 12 months. "The narrative of reflation is today dominant and can continue to propel markets for a while longer. But as we know the narrative changes fast, and when it does we can expect a quick re-pricing. As we re-assess the validity of the underlying risks, we expect a shift in narrative in the few months ahead and a sizeable sell-off."

 

Tyler Durden's picture

The Beginning Of The End For Cruz? Here Are Five Things To Watch For In Indiana Today





Update: *PAUL RYAN SAYS TRUMP WILL BE NOMINEE IF HE WINS INDIANA: CNBC

Today's primary in the Hoosier State could prove to be the last stand for Ted Cruz and John Kasich, as The Donald looks to deliver the final knockout blow to the two challengers. If Trump wins, it certainly would be an embarrassment for a GOP establishment that has literally done everything it can to stop Trump, most recently touting the Cruz/Kasich alliance that self-destructed just hours after it was announced.

 

Tyler Durden's picture

Why The Founder Of A $35 Billion Hedge Fund Is "Very Worried"





"Most people in the bulk of the job market are not involved in super-high-value jobs. They are doing routine work and tasks and it's precisely these tasks that computers are going to be better at doing..."

 

Tyler Durden's picture

German Coverup Scandal: Ministry Urged Erasing "Rape" From "Monstrous" Cologne Migrant Attack Report





A high-ranking police officer has alleged that his seniors tried to strike the word rape from an internal police report after the mass sexual assaults in Cologne over New Year. A chief superintendent in the Cologne police told the investigative committee established in the wake of the attacks that the interior ministry in North Rhine-Westphalia had sought to influence the investigations.

 

Tyler Durden's picture

There's Only One 'Honest' Position On Obama-Trade - Kill It





"The marginal economic benefits of the agreement are outweighed by the political consequences of its adoption".

 

Tyler Durden's picture

Ken Rogoff's Shockingly Simple Advice To Emerging Markets: Hoard Gold





For some time, the rich countries have argued that it is in everyone’s collective interest to demonetize gold. But there is a good case to be made that a shift in emerging markets toward accumulating gold would help the international financial system function more smoothly and benefit everyone.

 

Tyler Durden's picture

China Threatens Its Economists And Analysts To Only Write Bullish Reports, Or Else





While in the US and the rest of the free world, anyone who holds a less than bullish view of things is simply marginalized as a conspiracy theorist, ridiculed by establishment economists and pundits, is the recipient of mainstream media hit pieces, or denigrated by the president as "peddling fiction", China has decided to take a more blunt approach: "securities regulators, media censors and other government officials have issued verbal warnings to commentators whose public remarks on the economy are out of step with the government’s upbeat statements."

 

Tyler Durden's picture

Caught On Tape: Massive Brawl Breaks Out In Turkish Parliament





Tensions were already high as Turkish president Erdogan has been accusing HDP of ties to the outlawed Kurdistan Workers' Party (PKK), and the fight started as the two sides debated a constitutional amendment that would strip lawmakers of their legal immunity...

 

Tyler Durden's picture

How Many More 'Molenbeeks' Are There In France?





"There are today, we know, a hundred neighborhoods in France that present potential similarities with what's happened in Molenbeek." - Patrick Kanner, Minister for Urban Areas.

 

Tyler Durden's picture

"Smart Money" Has Never Been More Bearish On Silver





For the moment, silver’s intermediate-term bull market remains in force, albeit with a record level of bearishness on the part of the “smart money”.

 
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