RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 20/10/10
RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 19/10/10
RANsquawk US Afternoon Briefing - Stocks, Bonds, FX etc. – 19/10/10
As if we needed any further confirmation that the Fed is now willing to risk an all out bout of hyperinflation, here it comes courtesy of Chicago Fed's Charles Evans, whose comments that inflation is "acceptable", and welcome, and is the only way to battle the "liquidity trap" the US finds itself in, mirror those of NY Fed's Dudley who earlier confirmed Zero Hedge expectations that $100 billion is too low a QE2 number. Which means that very soon the Fed will buy up every single Treasury in existence. It will also kill the dollar absent Europe continuing on its path from earlier today, and saying the stress test was, in fact, a lie.
RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 19/10/10
Banking and fraud were born into our global word as Siamese brothers, inseparable since birth. And just like Siamese brothers, if ever separated, they would likely die together as well. But how well do we really understand the illusory empire of the banker-influenced commodity world, where bankers often create artificial supply and artificial demand numbers to set real prices? Here, we take an inside look into this complex, often-misunderstood Empire of Illusion.
Simon Black's Sovereign Man is currently covering a topic that will be near and dear to all Americans' hearts if the Fed gets its way: Zimbabwe. Attached are his most recent thoughts and observations from the (Zimbabwean) field, and a summary of the political, monetary and overal social chaos that currently rules in the latest (but certainly not last) country to succumb to hyperinflation. The lesson to be learned: prepare for anything. Because nobody in Harare expected to wake up one day and see all their wealth gone.
RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 18/10/10
RANsquawk US Afternoon Briefing - Stocks, Bonds, FX etc. – 18/10/10
RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 18/10/10
4closureFraud Needs Your Help - IRS Form 938 – I Have No Idea If This Is Important But It Sure is CuriousSubmitted by 4closureFraud on 10/15/2010 22:17 -0400
In 1931 Capone was indicted for income tax evasion. Attempting to bribe and intimidate the potential jurors, his plan was discovered by Ness's men. Following a long trial, he was found guilty on income tax evasion. In Alcatraz, where tight security and an uncompromising warden ensured that Capone had no contact with the outside world, Capone's control and interests within organized crime diminished rapidly...
RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 15/10/10
RANsquawk US Afternoon Briefing - Stocks, Bonds, FX etc. – 15/10/10
Update: Now it is getting really interesting - Reuters reports that according to a Senate aide, the currency report will be delayed. If all was to be smooth sailing, one wonders why...
Today, the Treasury will finally come out with its currency report, which will conclude whether China is or isn't a currency manipulator. While the fall out from the former could well be dire, and result in various political and fund flow consequences, it appears that this is precisely what will be the outcome. Attached is a note from RHM Global according to which the adverse outcome is all but certain.
RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 15/10/10