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One Minute News Summary

Tyler Durden's picture


US:  Futures are mostly negative in the early AM with a good portion of the trading world closed or scheduled for a half day.  Yesterday was lackluster in volume and direction as markets were not convinced by the jobless claims numbers (where even seasonally adjusted results exhibit seasonality) or stronger purchasing manager index results.

Europe:  Issuance begins anew next week, but the Italian issuance this week does not paint a good picture of the trends in European yields.  We believe the story will play out to its bitter end in 2011 and involve haircuts on sovereign bonds.

Asia:  With Tokyo closed and Hong Kong on a half day, markets are largely quiet.  The theme for Asia in 2010 will be China attempting to deflate a bubble without popping it and Japan continuing to manage growth at the zero bounds.

from Brian Yelvington of Knight Capital


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Fri, 12/31/2010 - 08:37 | Link to Comment T Rex
T Rex's picture

Unable to play the  Howard Davidowitz video.

Fri, 12/31/2010 - 08:45 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Don't forget India, the other, key ruBRIC.
Climbing away, almost touching it's 2006 highs of 21,000 again.
When this puppy crashes, we're going to hear a lot of whining.


Fri, 12/31/2010 - 09:01 | Link to Comment snowball777
snowball777's picture

Is that what they call the dollar peg inside the Great Wall?

Fri, 12/31/2010 - 08:50 | Link to Comment Cdad
Cdad's picture

This just in...Dom Perignon sales up massively.  NO!  Who would have thought it?  And I mean this just in, and I'm not kidding.  Just came over the Blow Horn.

I guess criminal syndicate Wall Street bankers just do not understand disgusting they are when the light is put on them.  And as always,


Fri, 12/31/2010 - 09:15 | Link to Comment velobabe
velobabe's picture

you bring up an excellent point, cDiddy.

Fri, 12/31/2010 - 10:25 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Our ruling class has been buying a lot too.

I bet Kobe beef did well this year. Lots of parties celebrating socialist take-overs of significant portions of the economy. If we reach 2014 intact, I predict interesting the Chinese curse kinda way.

Fri, 12/31/2010 - 11:16 | Link to Comment velobabe
velobabe's picture

actually, masu restaurant in aspen, couldn't get Kobe beef for a while, a ban on it or something. so probably not so much profits, just sayin'

Fri, 12/31/2010 - 11:53 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Must have been a shortage due to White House parties.

Fri, 12/31/2010 - 11:23 | Link to Comment mtomato2
mtomato2's picture

..."May you live in interesting times..."

Fri, 12/31/2010 - 09:09 | Link to Comment contrabandista13
contrabandista13's picture


For those of you of a 1950s vintage, here’s a little tid-bid as it relates to one of the vilest people on this planet… We could have used a Julian Assange and Wikileaks back then. The following is a direct, recorded Henry Kissinger quote, speaking to his equally vile boss, Richard Nixon…. March 1973….

“…. The emigration of Jews from the Soviet Union is not an objective of American foreign policy. And if they put Jews into gas chambers in the Soviet Union, it is not an American concern. Maybe a humanitarian concern….”

If there ever was a miserable, cock sucking, ass hole, employed by the American People, Kissinger was it…. I knew it then and I know it now…. You think things are bad now….? Kissinger was the guy implementing American foreign policy back in the 70s….

Put that in your pipe and smoke it….

Best regards,


Fri, 12/31/2010 - 09:49 | Link to Comment snowball777
snowball777's picture

Highlighting the marked contrast between 'jews' (a people) and motherfucking conservative Israelis (a band of murderous, egomaniacal thugs).

Fri, 12/31/2010 - 10:35 | Link to Comment Rodent Freikorps
Rodent Freikorps's picture

Another Nobel prize winner.

Another Harvard grad.

Burn in hell, Henry.

Fri, 12/31/2010 - 11:26 | Link to Comment mtomato2
mtomato2's picture

Hey.  I really like the one minute thing.  These days, I don't have much of an attention spa--



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