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Frontrunning: February 9

Tyler Durden's picture




 
  • Two Fed Skeptics of Bond Purchases Say Inflation Underscores Stimulus Risk (Bloomberg)
  • 'Heavy Lifting’ Looms as China Rate Below Inflation (BusinessWeek)
  • Rothschild to take control of the weather next (EarthNews)
  • Underground world hints at China's coming crisis (Telegraph)
  • Wait A Minute--Why Should I Hate Bernie Madoff? (Forbes)
  • Egyptian Unrest Throws Deficit Goals Off Course as Yields Rise (BusinessWeek), all they need is Paulson pitching blank check TARP now
  • SEC to Wean Markets Off Credit Ratings (Reuters)
  • You don't say: Commodity prices could squeeze economy, just as in 2008 (Barrons)
  • And speaking of, did anyone even notice that Moody’s lowered Jordan's debt outlook (BusinessWeek)?
  • Asia Fights Inflation With Stronger Currencies  (WSJ)
  • Tricks but no miracles in recent jobs report (Post)
  • China's "hostile" audit raised Citi hackles: WikiLeaks (Reuters)
  • North-South Korea Military Talks Collapse (FT)
  • Berlin Counters Critics of Fiscal Plan (FT)
  • Cameron's Government Retreats on Bank Bonus-Cut Demands (Bloomberg), well duh, let's not forget who runs the world
  • Britain’s Experiment in Austerity (FT)
  • Reform Blueprint Gives G20 Authority Over IMF (FT)

European economic highlights:

  • Germany Exports SA for December 0.5% m/m - lower than expected.Consensus 1.0%. Previous 0.5%.
  • Germany Imports SA for December –2.3% m/m - lower than expected. Consensus 0.8%. Previous 4.1%.
  • Germany Current Account (EURO) for December 17.6B - higher than expected. Consensus 14.0B. Previous 12.9B.
  • Germany Trade Balance for December 11.9B - lower than expected. Consensus 12.0B. Previous 13.1B.
  • UK Visible Trade Balance GBP/Mn -£9249 - lower than expected. Consensus -£8600. Previous -£8460.
  • UK Trade Balance Non EU GBP/Mn -£5817 - lower than expected. Consensus -£4875. Previous –£4888.
  • UK Total Trade Balance (GBP/Mln) -£4831 - lower than expected. Consensus –£4000. Previous -£3947.

 

 

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Wed, 02/09/2011 - 10:02 | 946040 jesusonline
jesusonline's picture

Cmon, Tyler(s), put dis into headlines too :)

from "Gold at EUR1,000/oz" thread

"Hey yoyoyo! My bruddas in da Gulf of Aden jus got demselvz sum nais bootay! 

LONDON/ATHENS, Feb 9 (Reuters) - Armed pirates seized aU.S.-bound oil tanker off Oman carrying around $200 millionworth of crude on Wednesday in one of the biggest raids in thearea to date, escalating the threat to vital shipping lanes.
The 333-metre very large crude carrier, the Irene SL, wascarrying about 2 million barrels of crude oil, estimated to benearly 20 percent of daily U.S. crude imports, a day after anItalian tanker was snatched by Somali pirates".

How's that no one made a bullish call on dem pirates yet?

Wed, 02/09/2011 - 10:05 | 946048 alter ego
alter ego's picture

Uhmm.

- Rothschild to take control of the weather next.

I wonder why they want to buy this corporation, maybe, just maybe is because the Global Warming scam is falling down the cliff since we are just entering in a phase of Global Cooling. The Powers that be just need a tool to manipulate the data in order for them continue with their "agenda".

 

 

Wed, 02/09/2011 - 10:28 | 946096 duo
duo's picture

No, this is about front-running the ag and energy markets.  I used to do this small time with CHK in the winter.  A lot of the NOAA models are good out to 10 days.  I'm guessing Weathernext has some proprietary model that may be more accurate for just slightly longer, enough to front-run the masses.

Wed, 02/09/2011 - 11:06 | 946248 alter ego
alter ego's picture

Duo.

Nice argument!

Maybe you are right.

Thanks

 

Wed, 02/09/2011 - 11:36 | 946351 DarkAgeAhead
DarkAgeAhead's picture

That's an excellent guess.  As the pace of change in ecological systems accelerates, having that sort of information is better than gold.

And to the anti-science crowd, I'm not talking about climate change.  Imagine a climate that loves each and every one of you...and we're still ecologically f@cked, and therefore economically and equitably as well.

Wed, 02/09/2011 - 12:48 | 946640 Careless Whisper
Careless Whisper's picture

@duo

frontrunning or issue dis-information.

this may also tie-in to chemtrails and weather manipulation.

Wed, 02/09/2011 - 15:22 | 947231 Cathartes Aura
Cathartes Aura's picture

Bingo!

The Electronic System Center's Weather Systems Division recently awarded a contract modification worth more than $9 million to Raytheon for Phase II of the Joint Environment Toolkit contract.

JET is the next generation weather system intended to integrate, extend and potentially replace multiple existing Air Force Weather Weapon System components with a single integrated system.

http://www.blackanthem.com/scitech/military_2006042105.html

US military seeks to "own the weather 2025" - search it for more info - having the Rothschild's "involved" is not really surprising, when the US has a Monsanto takeover of the FDA. . .

weather & food. think about it.

Wed, 02/09/2011 - 10:06 | 946050 Duuude
Duuude's picture

 

"SEC to Wean Markets Off Credit Ratings"

 

Bellysnort !!!!!

 

Wed, 02/09/2011 - 10:14 | 946066 Pants McPants
Pants McPants's picture

That one stuck out to me as well.  Isn't the system a self-perpetuating circle jerk?  Ratings agencies give high ratings to favored clients, favored clients in turn get more $$$ from gov't, etc.  Wash, rinse, repeat.

That said, I'm sure the mechanism conceived within Dodd-Frank will vastly improve the process.  Hehe.

Wed, 02/09/2011 - 10:14 | 946068 velobabe
velobabe's picture

morning tyler[s].

where is Cdiddy, ORI, tonto, cheeky?

Wed, 02/09/2011 - 10:32 | 946106 fuu
fuu's picture

Cheeky is off in the ether. ORI is around most days. Haven't seen tonto or Cdiddy lately.

Wed, 02/09/2011 - 10:28 | 946095 bunkermeatheadp...
bunkermeatheadprogeny's picture

Chairman of E.L. Rothschild LLC, Sir Evelyn de Rothschild, added: “As a family, the Rothschilds have always been dedicated to the utmost quality of our products and services. With respect to our investments, we focus on entering into long-term partnerships with people who share our values. As weather becomes more extreme around the planet, with greater human and financial ramifications, we believe that Weather Central will play a major role in mitigating damage and improving lives. This is important to the Rothschilds, as it is to Weather Central..."

Yeah right, morelike "As a family, the Rothschilds have always been dedicated to obtaining information before anyone else on the planet in order to control the world."

Wed, 02/09/2011 - 15:25 | 947241 Cathartes Aura
Cathartes Aura's picture

perception is reality.

someone has to "report" the weather wars.

Wed, 02/09/2011 - 10:54 | 946194 Urban Roman
Urban Roman's picture

It was bound to happen. The Rothschilds now own the Sun. As a subsidiary of Weather, Inc. the Sun is now going to be a source of revenue.

You know the free energy you were going to harvest with those solar panels on your roof? Well, now you will owe royalties to Sunco for them.

Wed, 02/09/2011 - 11:34 | 946344 DarkAgeAhead
DarkAgeAhead's picture

Luckily I think Montgomery Burns beat them to it.

For you lurking conspiracy buffs, the next big environmental play isn't hydrofracking.  It's geoengineering. 

The profit potential there for the multinational corporations, fed by the US government, is undefinably big, and basically perpetual.  Perpetual profits for perpetual people like Raytheon and Halliburton I'd guess.

Wed, 02/09/2011 - 15:26 | 947247 Cathartes Aura
Cathartes Aura's picture

it's about control, and managing the minds.

Wed, 02/09/2011 - 11:47 | 946409 dizzyfingers
dizzyfingers's picture

Articles Published by Martin_D_Weiss :

Wed, 02/09/2011 - 12:44 | 946613 c-rev with a twist
c-rev with a twist's picture

Re. the decision to wind down QE- come on already.  There will be no winding down (inflation or not) until there's some means of replacing the $1.5 trillion hole that Timmy and the Bernank are filling in our annual budget.

Wed, 02/09/2011 - 12:51 | 946652 jmc8888
jmc8888's picture

Great now the 'green fascists' [oh yes you are], will spew global warming or weirding 24/7.  All the weather you're watching, global warming.  Now you won't even be able to trust the fucking weather channel.  The Weather Channel will now be home to the bs normally found on CNBC, MSNBC, Faux, CNN, etc, etc.

Green fascists go home, you're no better than a bankster, and happen to work for them. 

 

Wed, 02/09/2011 - 15:27 | 946728 DarkAgeAhead
DarkAgeAhead's picture

This is true [about green 'fascists'] to a certain extent.  However the presence of green fascists doesn't negate the existence of some survival scale disturbances that are accelerating.

Again, imagine the most wonderful and stable climate you can dream of.  These issues (though related as all things are) stand separately and independently of any conclusions or thoughts about climate.

If you think Gore is totalitarian, try negotiating with Nature.

Wed, 02/09/2011 - 15:28 | 947249 Cathartes Aura
Cathartes Aura's picture

or the Military Industrial Complex that seeks to "own" the weather.

Wed, 02/09/2011 - 23:39 | 948397 DarkAgeAhead
DarkAgeAhead's picture

That creates some surreal stuff.  Like instead of buying water rights or even watersheds (including rain!) like T Boone Pickens has done, you could own thunderstorms or hurricanes.  Whatever begins for military applications ends as multinational monopolies and another layer of control on top of the people.

Really happy I just took physical possession of a decent sized amount of water...

I really need to research this one.  The thought and links are appreciated!

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