Frontrunning: March 8

• Global Bond Rout Resembling 1994 Seen as Inflation Exceeds Benchmark Rates (Bloomberg)
• Libya Rebels Push to Regain Town as NATO Weighs No-Fly Zone (Bloomberg)
• OPEC Members Rush to Raise Oil Output (FT) Since Refuted by both OPEC Member and Goldman Sachs
• Divisions Emerge on US Foreclosure Settlement (FT)
• Policy Disputes Spill Over Into Spending Fight (WSJ)
• Keynes would denounce policies associated with his name (Washington Times)
• Monsters that lurk in the shadows of Wall St (FT)
• China Faces 60% Risk of Bank Crisis by 2013, Fitch Gauge Shows (Bloomberg)
• China Looks to Lift Imports (WSJ)... and to double exports
• EU Watchdog sets tough 2011 bank stress test (Reuters) criteria include whether traders can count to 10 without an abacus
• Rain and Snowfall Ease Drought in China (NYT)...  Cause China said so
• Stock Issuers Seek More Clarity on Ownership Makeup (WSJ)
• Chrysler Estimates Its Value at $4.77 Billion for Executive Pay (Bloomberg)... yes, that's a positive
• Charlie Sheen Could Teach Wall Street a Lesson (Bloomberg)
• Quantitative Easing and the Iron Law of Equilibrium (Hussman)
• Elections Could Show Japan Voter Revolt (WSJ)
• Goldman's Pariah Status Fades as Broadbent Joins BOE MPC (Bloomberg)... not sure of the logic here: GS runs the world
• EU Seeks to Spur North Africa Reform (FT)
• Berkowitz Victory Becomes Challenge as St. Joe 'Under Attack' (Bloomberg)
• Bernanke, interest rates & QE (Fundmastery)

European Economic Highlgihts:

• Germany Factory Orders 2.9% m/m 16.0% y/y - higher than expected. Consensus 2.5% m/m 15.6% y/y. Previous -3.4% m/m 19.7% y/y.
• Bank of France Business Sentiment for February 110 - in line with expectations. Consensus 110. Previous 110.
• Switzerland Unemployment Rate for February 3.6% - lower than expected. Consensus 3.7%. Previous 3.8%.
• Switzerland Unemployment Rate (sa) for February 3.4% - in line with expectations. Consensus 3.4%. Previous 3.5%.
• UK RICS House Price Balance for February -26% - in line with expectations. Consensus -26%. Previous -31%.

Comments

[Sudden Debt]

BUYING GREECE BONDS HAS NEVER BEEN SO LUCRATIVE:

http://www.bloomberg.com/apps/quote?ticker=GGGB10YR:IND

[Sudden Debt]

EU Watchdog sets tough 2011 bank stress test (Reuters) criteria include whether traders can count to 10 without an abacus

I CAN EVEN COUNT TO 13!! CAN I BE A TRADER TO?!

Ace

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Jack

Queen

King

[Careless Whisper]

Who's left holding the bag? DJSP 52 week high: $13.65;  Today: out. of. business.

Publicly traded florida law firm accused of committing foreclosure fraud on behalf of banks says he's going fishing. on his yacht. with his goddess. and his bazzillions.

http://www.palmbeachpost.com/money/stern-law-firm-ends-foreclosure-opera...

[Xibalba]

If OPEC could hike, I'm sure they would.....

[Sudden Debt]

Even Bernanke can TAKE A HIKE!!

but that don't mean he will...

[EscapeKey]

Global Bond Rout Resembling 1994 Seen as Inflation Exceeds Benchmark Rates

"That’s the warning of JPMorgan Chase & Co. Chief Economist Bruce Kasman,"

...and that concludes my interest in said propaganda piece.

[oh_bama]

Rain and Snowfall Ease Drought in China (NYT)...  Cause China said so

---The rain is real and physical. Don't be too negative.. Grains will be (and had been) lower and SP500 will be UP

BTFD!!

[Sudden Debt]

Iceland's 10yr is also doing great!

http://www.bonds.is/MarketOverview.aspx?catID=1631&Type=Bond&OrderBookId=80252

NEXT!

[Guerette]

Here is the article on the Chinese rains. Why am I skeptical about this report. http://www.nytimes.com/2011/03/08/business/global/08drought.html?_r=1&re...

[Bob]

Emerging-market central banks risk triggering a “1994-style” sell-off in global bonds as soon as next year if they’re still tightening monetary policy when the Federal Reserve begins raising interest rates.

When the Fed begins raising interest rates: LOL.

[velobabe]

charlie sheen knows how to get 2 millions tweeter followers. W O W , america just marvels at this. what a stupid fucking bunch of losers we have become. one line content is the newnew thing. back to basics. droop out and follow charlie sheen's exploitation of females.

[EscapeKey]

You're clearly with the trolls.

[velobabe]

so what, trolls can speak their mind. no law against it. i like charlie, but jesus what a bag he has created.

[EscapeKey]

Eh, I was referring to his "You're either in Sheen's Korner or with the trolls" webcast...

[ibjamming]

And why shouldn't he exploit them?  Don't women frequently exploit men?

[IQ 145]

 just posting an update for my EUR/USD short from 1.3965, basis June, CME, 8:40 am Friday. I'm up $1250/ contract, and running a simple open stop at 1.4000. Orly said she wanted to follow the history of this trade; and for anyone else who might be interested.