Bond
Frontrunning: December 29
Submitted by Tyler Durden on 12/29/2015 07:32 -0500- The World's Richest People Got Poorer This Year (BBG)
- Oil hovers near 11-year lows on abundant supply, slowing demand (Reuters)
- Oil-Producing States Battered as Tax-Gushing Wells Are Shut Down (BBG)
- A Bold Few Traders Earn Billions Flouting Rivals (WSJ)
- Islamic State ruling aims to settle who can have sex with female slaves (Reuters)
- Winter Storm Snarls Republican Presidential Traffic (BBG)
- Donald Trump Urges Supporters to the Polls (BBG)
Global Stocks Rebound, US Stocks To Reopen Back In The Green For 2015 As Oil Halts Slide
Submitted by Tyler Durden on 12/29/2015 06:58 -0500Santa Claus is cutting it close: after stocks closed down yesterday, and just fractionally red for the year, the jolly old gift-giver (who now has activist investors breathing down his neck) has just three trading days to push if not stocks then the market into the green for the year. And so far, so good, with US equity futures rising by 8 points or 0.4%, on the back of some modest renewed Dollar strength but mostly on oil, which after yesterday's big slide, has managed to stem the decline and is up fractionally, just under $37, along with other commodities if not copper, which falls for second day.
Falling Interest Causes Falling Profits
Submitted by Gold Standard Institute on 12/29/2015 01:45 -0500Most people assume that prices move as a result of changes in the money supply. Instead, let’s look at the effect of changes in interest.
Currency Markets offer some of the Best Trading Opportunities
Submitted by EconMatters on 12/28/2015 13:53 -0500Imagine if Casinos told you in advance what the next card from the deck in a game of Blackjack was going to be?
US Economy - A Year-End Overview
Submitted by Tyler Durden on 12/28/2015 11:34 -0500It becomes ever more tempting to conclude that the timing of the Fed’s rate hike was really quite odd, even from the perspective of the planners...
The Fed's Academic-Based Theories Are Creating a BRUTAL Economic Reality
Submitted by Phoenix Capital Research on 12/28/2015 11:01 -0500This is what happens when the Fed’s academic-based nonsense collides with economic realities: perversions of capital that lead to massive bubbles and eventually even more massive crises.
Global Stocks, U.S. Futures Slide As Oil Resumes Drop, China Stocks Tumble Most In One Month
Submitted by Tyler Durden on 12/28/2015 06:57 -0500The last trading week of 2015 begins on a historic precipice for stocks: as reported over the weekend, the U.S. stock market has not been lower for any year ending in a “5? since 1875. That streak is now in jeopardy, because following Thursday's shortened holiday session which ended with an abrupt selloff, the overnight session has seen continued weakness across global assets in everything from Chinese stocks which tumbled the most since November 27, to commodities (WTI is down 2.5%) to European stocks (Stoxx 600 -0.4%), to US equity futures down 0.4% on what appears to be an overdue dose of Santa Rally buyers' remorse.
Feldkamp: The Grinch That's Stealing Investors' Christmas
Submitted by rcwhalen on 12/28/2015 06:54 -0500How the SEC handed large banks a monopoly on short-term finance in 1998 by amending Rule 2a-7 and made the 2008 financial crisis inevitable
Guest Post: Has There Ever Been A More Selfish Generation?
Submitted by Tyler Durden on 12/27/2015 22:20 -0500Because we squandered our opportunity to correct our own problems, our problems shall be our legacy. It’s wretched how dumb we are in our greed to have everything right now in the cheapest way possible and how willing we are to force the debts of that consumption upon our grandchildren and to pretend that won’t hurt them. We live in economic denial.
David Collum: The Next Recession Will Be A Barn-Burner
Submitted by Tyler Durden on 12/27/2015 17:30 -0500For those who enjoyed his encyclopedic 2015: Year In Review, this week we spend an hour with David Collum to ask: After processing through all of that information, what do you think the future is most likely to bring? Perhaps it comes as little surprise that he sees the global economy headed back down into recession, one that will be deeper and more damaging than the 2008 crisis...
Lessons From The Late '20s - Why Bubbles Abound
Submitted by Tyler Durden on 12/27/2015 13:25 -0500Market-based Credit is unstable. This remains the fundamental issue – the harsh reality – that no one dares confront. Long-term stability in a Capitalistic system requires sound money and Credit (hopelessly archaic, we admit). Over the years, we've tried to differentiate traditional finance from unfettered “New Age” finance. The former, bank lending-dominated Credit, was generally contained by various mechanisms (including the gold standard, effective currency regimes, bank capital and reserve requirements, etc.). This is in stark contrast to the current-day securities market-based global financial “system” uniquely operating without restraints on either the quantity or quality of Credit created. There’s no precedence for such a globalized monetary fiasco, though there are a number of historical episodes that provide valuable insight.
The Mystery Of Dubai's Vaporized Gold: The Plot Thickens
Submitted by Tyler Durden on 12/27/2015 13:13 -0500Now that the gold-trading company at the nexus of what may have been the world's biggest gold smuggling ring in history has imploded seemingly overnight, vaporizing countless tons of physical gold and unknown amounts of client cash, even more questions remain.
12 Reasons Why One Advisor Is Betting Treasurys, Not Stocks, Is The Investment Of 2016
Submitted by Tyler Durden on 12/26/2015 16:38 -0500According to a recent contrarian call by Prerequisite Capital Management, the "US Treasury Bond Market is potentially set up for a substantial move higher over the next year or two." Here are the reasons why.
Exclusive: "And It's Gone... It's All Gone" - The One Gold Scandal That Goes To The Very Top
Submitted by Tyler Durden on 12/25/2015 22:20 -0500Following the yellow brick road leads us deep, very deep inside the rabbit hole...
Wall Street's Most Prominent Former Permabull Is Worried About Just One Number
Submitted by Tyler Durden on 12/25/2015 20:28 -0500In the world of fiction, the most famous threshold may be that of 88 miles per hour. In the non-fictional world of economics and finance, however, an even more important threshold is that of 5% unemployment. At that moment everything changes. Wall Street's most prominent former converted permabull, Jim Paulsen, explains.






