This page has been archived and commenting is disabled.

Frontrunning: January 14

Tyler Durden's picture




 
  • You mean selective financial disclosure is an issue? Goldman reveals $5 billion in previously unknown crisis losses (FT)... but besides this latest revelation the bank definitely did not need a bailout. Promise.
  • Paying 2 and 20 to a lemming sure sounds like a great business plan: Pack Mentality Grips Hedge Funds (WSJ): "The whole hedge-fund industry is a series of crowded trades,"
  • Reverse decouplingTM is here: U.S. Stocks in Sweet Spot as Emerging Markets Tighten (Bloomberg): bottom line - payroll tax cut is supposed to drag the world out of an emeging market-led slump... good luck
  • The next Chinese housing bubble - projects: Banks Ready to Lend More for Low-Cost Housing Projects (Caing)
  • China's GDP growth forecast to slow down (China Daily)
  • Europe fears motives of Chinese super-creditor (Telegraph)
  • ECB's Weber Says Inflation Risks `Could Well Move to Upside' (Bloomberg)
  • Has The Fed Lit Inflation Fuse? (IBD)
  • India's Inflation Quickens, Increasing Rate Pressure (Bloomberg)
  • Christie Criticized Over Bankruptcy Remark After New Jersey Cuts Bond Sale (Bloomberg)
  • Oil slips after China reserve rate move (Reuters)
  • Geithner doubts ability to spot vital banks  (FT)
  • Volcker rule tests new systemic risk council (Reuters)
  • SEC ‘sweep’ examines SWF support for banks (FT)
  • News Corp, Apple delay iPad digital newspaper (Reuters)
  • Morgan Stanley's Gorman shakes up management (Reuters)
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Fri, 01/14/2011 - 09:15 | 875647 Salinger
Salinger's picture
FBI Probes Conservative Blogger for Opposing GOP Rep.

http://www.theblaze.com/stories/fbi-probes-conservative-blogger-for-oppo...

Fri, 01/14/2011 - 09:21 | 875655 malikai
malikai's picture

Link is broken. Got a 404 on that.

Fri, 01/14/2011 - 09:40 | 875686 malikai
malikai's picture

Not surprising in the least. "Conservatives" are a threat. The catalyst has been activated and anyone who opposes TPTB is a threat and will be investigated or prosecuted appropriately. Luckily for all of us, we're all flaming liberals, right?

Fri, 01/14/2011 - 09:27 | 875665 kaiten
kaiten's picture

.

Fri, 01/14/2011 - 09:30 | 875669 101 years and c...
101 years and counting's picture

"Reverse decouplingTM"

TM.  Classic!

 

Fri, 01/14/2011 - 09:32 | 875674 malikai
malikai's picture

CPI numbers LOL! The Department of Truth strikes again!

Fri, 01/14/2011 - 09:36 | 875678 Caviar Emptor
Caviar Emptor's picture

US #1 Export: Inflation

 

Fri, 01/14/2011 - 09:37 | 875680 Cdad
Cdad's picture

1/14

 

Front Nothing

 

1.  Seriously, what's the point?  When the terminators can just undue 34% of a currency move...overnight[as they just have]...how is a person supposed to frontrun anything?  The move in the Euro especially has messed up two days worth of front running.  We find out later it is because Goldman said so.  However, Goldman is wrong about the currency when talking about the fundamentals of the Euro.  They needed to do that to try to push their long crude oil to infinity trade...so....?   ! ....but since I don't get $8 billion free dollars to use each day, again, what's the point?

2.  The market will break more records.

3.  More traders will abandoned the market because it is clearly a joke.

4.  Outflows of Average Joe capital from the equity market will continue.

5.  Criminal syndicate Wall Street bankers will continue to simply say things are great...even as cities and states start to declare bankruptcy...in their giant attempt to ponzi up confidence in their profession.

6.  The US Federal government will continue to dodge its responsibility to clean up the banking system...which will continue to cause #3.

7.  Robo and Harry will marry.  The ceremony will be at the headquarters of the world's largest zombie making company.

8.  Tyler will march inexorably towards insanity [as well as cdad] as the leadership of the country are seemingly able to ignore any real evidence presented to them about the state of the nation, and abandoned any responsibility for anything, and will, in fact, help criminal syndicate Wall Street bankers haul the national treasury out to waiting cars in front of Ben Bernanke's office.

9.  The Blow Horn [CNBC] will continue to report on all things except the economy even though they are charged with reporting the state of financial things during the greatest financial crime in the history of the world...happening right in front of their faces [which will ultimately cost at least 30% of them their jobs when Comcast finally closes this disastrous deal].

10.  Criminal syndicate Wall Street bankers will continue to party on at the bar of the Roach Motel [SPY] where the drinks are on tax payer Joe, and the mirror ball will spin and spin UNTIL Mary Shaprio quits relentless meeting with L. Blankfein and J. Dimon and the like about what rules she should just forget about...and instead she digs into the MASSIVE FRAUD going on in the ETF industry where those guys are able to sell infinity shares at any price they like simply by throwing the switch on the creation units machines....

 

I'm not sure if the market is a joke, a travesty, a ponzi, or all of the above.  However, I do know that equities price anywhere they like on any given day based on absolutely nothing that humans can understand...so I would not buy them if I were you.   Good luck....

 

And hey Mary Shapiro....DO YOUR F*CKING JOB!

Fri, 01/14/2011 - 09:52 | 875703 Wynn
Wynn's picture

nice 1

edit: fuck your un-named junker

Fri, 01/14/2011 - 09:38 | 875682 Caviar Emptor
Caviar Emptor's picture

CPI Real Average Weekly Earnings Dec: -0.4% from -0.1% Nov

Biflation continues undeterred

Fri, 01/14/2011 - 09:40 | 875687 Caviar Emptor
Caviar Emptor's picture

As Muni market tanks, Hospitals scramble to fund operations. Costs to rise. 

Fri, 01/14/2011 - 09:42 | 875690 alter ego
alter ego's picture

After inflation goes up, then interest rates will go up, just look to the T-Bill yields lately.

And everybody knows how much leveraged our economy is and how hard just a little increase of interest rates can do.

Little Ben knows that the clock is ticking and time will catch up.

The next thing is Kaboooom!  

Fri, 01/14/2011 - 09:43 | 875694 Caviar Emptor
Caviar Emptor's picture

UK joining biflation hit parade: (in a big way)

UK December producer input prices +3.4% m/m, +12.5% y/y, demonstrably stronger than median forecasts +1.7%, +10.4% respectively. Output prices +0.5% m/m, +4.2% y/y, stronger than median forecasts +0.4% m/m, +3.9% y/y

Double dip fears rise. 

Fri, 01/14/2011 - 09:47 | 875699 youngman
youngman's picture

I don´t like Trichet..he lied too...but at least he speaks some truth....inflation is here...the hard part is finding out how much....the Feds numbers are wrong....Gold and Silver markets are not.....rigged...stocks too...commodities are way up....oil too....are we at 4% or 14%....????

Fri, 01/14/2011 - 09:56 | 875721 whatz that smell
whatz that smell's picture

the appl trade is crowded?

and the trade is a parabolic "50-bagger"....

pop goes the weasel!

 

Fri, 01/14/2011 - 10:11 | 875750 Temporalist
Temporalist's picture
German Inflation Accelerates to Fastest in More Than Two Years

http://www.bloomberg.com/news/2011-01-14/inflation-accelerates-to-fastes...

 

Inflation picks up at British factories

http://www.telegraph.co.uk/finance/economics/8259287/Inflation-picks-up-...

 

UK Dec. Output Price Inflation Rises Further

http://www.rttnews.com/Content/EuropeanEconomicNews.aspx?Node=B2&Id=1527585

 

Inflation rises to 3% in December in Spain

http://news.xinhuanet.com/english2010/business/2011-01/14/c_13691201.htm

 

 

Fri, 01/14/2011 - 10:48 | 875832 hedgeless_horseman
hedgeless_horseman's picture

German Inflation Accelerates to Fastest in More Than Two Years

Historically, Germans have repsonded well to inflation.

http://www.youtube.com/watch?v=1k61lRvGRSU

Fri, 01/14/2011 - 10:10 | 875753 AnAnonymous
AnAnonymous's picture

The Chinese shoes are growing tighter and tighter.

The good thing is that the very fact that people should operate for our exclusive benefits is expressed more and more clearly.

The Chinese might have an interest in bailing out Europe? Smashing news. These guys are supposed to act only in ways that support the West, not themselves.

Fri, 01/14/2011 - 10:54 | 875845 JW n FL
JW n FL's picture

"When they buy euros, the euro becomes stronger and their currency a little bit weaker. That is not neutral in regard to their competitive position. But I go no further in this topic. It could be too delicate," he said.

Fri, 01/14/2011 - 10:59 | 875856 Trying to Understand
Trying to Understand's picture

Has The Fed Lit Inflation Fuse? (IBD)

When I try to access this link I get a ZH page that says "Access Denied"...

Fri, 01/14/2011 - 12:13 | 876074 Mach1513
Mach1513's picture

Squid revelations: Is that the same $5,000,000,000 (love those zeroes) Taibbi mentions in "Griftopia"?  Or a different scam revelation?

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