Away from the chaos that was the commodities sector today, recent themes in credit, equity, and vol contexts continued to gnaw away at the bullishness of every talking head. Shifts in CMBX tranches point to growing fears of systemic concerns in MBS markets and the up-in-quality trade (or up in capital structure) is in full force.
The economy is hanging by a thread. Loan demand is weak, wages are flat, and markets are on a knife-edge.
All those digital Dollars, Yen, Pounds or Yuan you have in your bank accounts are nothing more than arbitrary numerical records of transactions and each individual note is literally not worth the paper it is written on OTHER THAN the faith you have in the issuing government not to "cheat."
Oh, It’s On Like Donkey Kong | MICHAEL T. PINES v. CITY OF CARLSBAD, PAUL EDMONSON, CITY OF SIMI VALLEY, CITY OF NEWPORT BEACH, CALIFORNIA STATE BAR, COUNTY OF SAN DIEGOSubmitted by 4closureFraud on 05/05/2011 15:37 -0400
The financial institutions and their co-conspirator loan servicers (Collectively “Banks”) have turned law enforcement into criminals.
Monday's market action saw some of the strongest buying amongst the Rydex market timers in over 10 years. Oops!
"History does not repeat itself, but it rhymes."--Mark Twain
They're really just excuses made-up to explain why claims jumped to the ignorati...
A look at the year to date SS numbers. A guess on the NFP due out on Friday
As the days go by, we are getting the feel that this is becoming more than a normal correction for silver. It looks like the first phase of the secular bull has been completed! So what's next for the white metal?
Quebec's hedge funds are about to get a boost from some big players...
No one was interested in information from the kingpin himself?
Equity underperformed credit as HY put in its worst close-to-close widening in two weeks and filled the gappy gamma-driven chasm from last week. CMBX activity starting to signal systemic fears perhaps and a pick up in vol skews (downside protection bid) remain worrisome as so many under-currents indicate less than stellar confidence.
Unless we, as a Country, decide to "go Luddite" that is...
Do you think Banzai7 is going to let this issue disappear like everything else that's not nailed to Bernie Madoff's Ponzi ass?