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Frontrunning: August 31
- Waldo spotted: secondary accounts of Zhou's whereabouts come streaming in as a panicked China can not put enough pictures of him on the PBoC site, Japan can not confirm his existance loudly enough (Bloomberg), Stratfor now reports defection has been refuted (Stratfor), and Washington Post confirms no sightings of Zhou in downtown D.C. (WaPo)
- Gold Rallying to $1,500 as Soros's Bubble Inflates (Bloomberg)
- Steve Keen - Bernanke's blind spot (Business Spectator)
- Ireland Seeks to Wean Banks Off State Guarantee (FT)
- China should act if property market defies cooling (Reuters)
- Japan Defends Economic Policy Steps as Yen Strengthens Anew, Stocks Slide (Bloomberg)
- US Housing woes compound job fears (FT)
- Bernanke's song & dance act in Jackson Hole (Post)
- The Paradox of the Zero Bound (Hussman)
- Bank of Japan takes fresh stimulus steps (except for actually taking any real steps, the SNB can do that) (FT)
- Australia's Gillard warns of political gridlock (Reuters)
- No improvement in eurozone unemployment rate (10.0%) despite transitory export-boom. It's all downhill from here (WSJ, FT)
- US pay law branded ‘logistical nightmare’ (FT)
- Hungary `Can't Afford' to Delay Deficit Cuts, EU's Rehn Says (Bloomberg)
- Ozawa May Drop Out of Race Against Kan for DPJ President, Mainichi Says (Bloomberg)
- Titan Capital Joins Black Swan's Taleb in Raising Bets on Crash (Bloomberg)
- The idiocy will soon be over: Dell will likely not overbid for 3Par (Reuters)
- Ignore Talk of a Housing Tax Credit ‘Revival’ (WSJ)
Economic Data:
- Euro-Zone CPI Estimate for August 1.6% - in line with expectations Consensus 1.6% Previous 1.7%
- Euro-Zone Unemployment Rate for July 10.0% - in line with expectations Consensus 10.0% Previous 10.0%
- Germany Unemployment Change (000's) for August -17K - lower than expected Consensus -20K Previous -21K
- Germany Unemployment Rate (s.a) for August 7.6% - in line with expectationsConsensus 7.6% Previous 7.6%
- Switzerland UBS Consumption Indicator for July 1.860 Previous 1.795
- UK GfK Consumer Confidence Survey for August -18 - higher than expected Consensus -24 Previous -22
- UK M4 Ex OFCs 3M Annualised for July 5.6%Previous 6.8%
- UK Net Consumer Credit for July 0.2B - higher than expected Consensus 0.0B Previous -0.1B
- UK Net Lending Sec. on Dwellings for July 0.1B - lower than expectedConsensus 0.7B Previous 0.5B
- UK Mortgage Approvals for July 48.7K - higher than expectedConsensus 46.5K Previous 48.6K
- UK M4 Money Supply for July 0.4% m/m 2.3% y/y Previous 0.4% m/m 2.3% y/y
- Australia AiF Performance of Mfg Index Previous 54.4.
- Australia GDP Consensus 0.90% q/q. Previous 0.50% q/q.
- Australia GDP Consensus 2.80% y/y. Previous 2.70% y/y.
- Japan Vehicle Production 16.80% y/y.Previous 25.90% y/y.
- Japan Housing Starts for July 4.30% y/y – higher than expectedConsensus 2.00% y/y. Previous 0.60% y/y.
- Japan Small Business Confidence for August 48.4.Previous 48.1.
- Japan Annualized Housing Starts for July 0.772M – higher than expectedConsensus 0.756M Previous 0.750M.
- Japan Construction Orders -0.70% y/y. Previous -10.20% y/y.
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Waldo "Bin Laden" Part Deux -- History does rhyme.
Stratfor is the new Debka.
No question, ITG.
Its a rumor site, but at least they qualify rumors as rumors and not as legitimate nexs stories.
Debka gets it right about - what - 50% of the time???
SUMMERS' OVER
http://williambanzai7.blogspot.com/2010/08/obamas-blackberry-summers-ove...
JOBS?
http://williambanzai7.blogspot.com/2010/08/obamas-blackberry-job-hunt.html
Why did gold suddenly gap higher?
It saw Bernanke coming from behind.
Why not?
Live Dow
http://www.livecharts.co.uk/MarketCharts/dow.php
Pressure Grows on Irish PM to Close Anglo Irish Bank
http://www.chartseeker.com/images/AU-24HR-SM.png?r=858359788760.679
Rick Sanchez calls Obama "the Cotton Picking President of the United States"...ROFLMAO !!! May be fired by CNN !!
http://www.youtube.com/watch?v=9gKO0yQGe_0
He did not say COTTON PICKING, but in context it is the slang COTTON-PICKING. It is a nothing burger that the damn racist liberals will jump on. Get ready for Sharpton, Jackson et al.....
- yeah, it will be a total shit-storm for Sanchez.
Gold's going vertical. Did someone just blow up?
Where is Gordon Gekko when you need him? Johnny Bravo? Thesis, anti-thesis. Wisdom, naiveté. Man, boy. I'll say it then, just because. I know it will spoil some of your mornings and I just don't care.
GOLD BITCHEZ!
Yesterday in an interview with Fidel Castro by the mexican newspaper La Jornada, the fireproof cuban leader leaked there will be a strike to Iran on September 9th. That happens to be new moon. Time to buy OTM WTI Calls?
- my sources say, something is afoot in South Korea/North Korea
Yesterday in an interview with Fidel Castro by the mexican newspaper La Jornada, the fireproof cuban leader leaked there will be a strike to Iran on September 9th. That happens to be new moon. Time to buy OTM WTI Calls?
Heavy Drinkers outlive non-drinkers....wooohoo I'm vindicated...drink on bitchez!
http://www.outsidethebeltway.com/heavy-drinkers-outlive-nondrinkers/
- ah yes, I will live to be 900 years old !!
-
Tuesday, August 31, 9:48 AM Chicago PMI: 56.7 vs. 57.6 expected, 62.3 prior. Employment 55.5 vs. 56.6 prior. New orders 55.0 vs. 64.6 prior. Prices paid 57.2 vs. 58.1 prior.
Steve Keen is always insightful.
Heraeus
FEINGOLD
999.9
Hahau Heraeus Edelmetalle GMHB
100g bitches
beautiful !!!!!!!!!!! (no delete) dumb me forgot about command cut.
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