• hedgeless_horseman
    07/11/2014 - 16:58
    No signal lights, bank alarms, stores are being robbed for anything of value. You move to your trunk and get you Bug Out bag and start heading home, the best way you know.

Finland

testosteronepit's picture

Deaths From All Causes: The Short (But Not Necessarily Happy) Life Of Americans





Even if you’re white, insured, educated, or in upper-income groups and live a healthy lifestyle, you’re still getting the short end of the stick

 
AVFMS's picture

21 Dec 2012 – “ Blue Christmas ” (The Dread Zeppelin, 2002)





Trailing the US, as not much else to do. EGBs firming up, but mostly because they‘re supposed to do so, as Equities end a little softer, because they have to, as well. Credit likewise. So no Risk highs under the Xmas three… All because of the US. Blue.

"Blue Christmas" (Bunds 1,38% -4; Spain 5,23% +1; Stoxx 2644 -0,6%; EUR 1,318 -40)

 
AVFMS's picture

20 Dec 2012 – “ Merry Christmas (I Don't Want To Fight Tonight) ” (The Ramones, 1989)





EGBs and Equities rather a side-story today, as mainly static. EUR, too. Spain ticking in. Italian 2s on new lows (with the old reference nearing 1.5%). Good US GDP, bad Gold Dump Party (GDP, too). Worse Silver sell-out. Metal weakness? Maybe the Mayans are getting rid of their stocks before tomorrow? Another shy EStoxx high and Risk low. Don’t fight (the trend)…

"Merry Christmas (I Don't Want To Fight Tonight)" (Bunds 1,42% unch; Spain 5,22% -3; Stoxx 2661 +0,1%; EUR 1,322 -40)

 
AVFMS's picture

19 Dec 2012 – “ Oh Come All Ye Faithful ” (Twisted Sister, 2006)





Would be easy to call this boring, given the state of the market and volumes, but undercover Risk On definitively there. Greek 10s over the moon and far away (up 500 ticks)… Strong EUR. Seems a little easy, but who wants to fight? It’s Yule Time – at least until Friday, then we’ll see what the Mayans really meant.

"Oh Come All Ye Faithful" (Bunds 1,42% +0; Spain 5,25% -4; Stoxx 2658 +0,4%; EUR 1,326 +40)

 
AVFMS's picture

18 Dec 2012 – “ I Saw Mommy Kissing Santa Claus ” (John Mellencamp, 1987)





Another boring session, worsened by year end inactivity… Good close. Fiscal Cliff haggling on-going with a positive spin this time and Risk riding high.Spain catching up and paring yesterday’s soft patch, as is Italy. ESToxx at the highest since Aug 2011. Credit very squeezed. EUR strong. Merry Mood!

"I Saw Mommy Kissing Santa Claus " (Bunds 1,42% +5; Spain 5,29% -12; Stoxx 2647 +0,7%; EUR 1,322 +50)

 
AVFMS's picture

17 Dec 2012 – “Jingle Bell Rock ” (Billy Idol, 2006)





Utterly boring Monday session, worsened by year-end inactivity… Won’t get any better going forward, probably. Fiscal Cliff a cliff-hanger (I know, cheap)… Spain on the heavier side with contingent funding holes still popping up here and there.

"Jingle Bell Rock" (Bunds 1,37% +2; Spain 5,41% +4; Stoxx 2628 unch; EUR 1,317 +30)

 
AVFMS's picture

Shuffle Rewind 10-14 Dec " Lazy Sunday Afternoon " (Small Faces, 1968)





Bingo Bongo, Good News hailing, Sleepily digesting in the South to end Stuck… What an uninspiring week… Felt slow as a Sunday Afternoon– for 5 days in a row… The only thing that wasn’t lazy and laid back was the EUR.

 
AVFMS's picture

14 Dec 2012 – “ Stuck in the Middle with You ” (Stealers Wheel, 1972)





Utterly boring Friday session, worsened by year end inactivity… PMI figures, which were actually needed on the more positive side to justify the latest levels in Risk were just so so in Europe. But, who cares? Periphery recovering further with Spain actually the best performer on the week (outside the bailed-out gang). US stuck despite better figures.

"Stuck in the Middle with You" (Bunds 1,35% unch; Spain 5,37% -1; Stoxx 2628 +0,2%; EUR 1,314 +60)

 
AVFMS's picture

13 Dec 2012 – “ When It's Sleepy Time Down South ” (Louis Armstrong, 1931)





Markets getting back to some normality with the Periphery still recovering, although less today after the auctions, Bunds 5 wider on the week, Italy 10, but Spain 7 tighter across the curve from last Friday. Equities and Risk oblivious to that anyway and synching with the US. Getting difficult to find something crisp out there with reduced news flow and volatility. Excitement to be found in the US on FC developments, now that Greece, Spain and Italy are seemingly off the table and that the FED has moved to QE4.

"When It's Sleepy Time Down South" (Bunds 1,35% +1; Spain 5,38% +4; Stoxx 2622 -0,2%; EUR 1,308 +40)

 
smartknowledgeu's picture

Why the Gold Standard Can Return the World to Global Economic Prosperity





The most commonly forwarded arguments against the implementation of a true 100% gold-backed sound money system can easily be disproven and thoroughly debunked with a small dose of history and another dose of logic.

 
Tyler Durden's picture

Overnight Sentiment: All About QE4EVA





Today is probably the first day in a while in which minute-by-minute rumors on the Fiscal Cliff will not be on the frontburner (with yet another late day rumor yesterday of an imminent deal turning out to be a dud, when it was reported that Obama's latest grand compromise was to lower his initial tax hike demand from $1.6 to $1.4 trillion, or still $600 billion more than last summer's negotiated number), with Ben Bernanke and QE4 taking center stage instead. By now it is a foregone conclusion that Ben will proceed with extending Twist as first predicted here, into an unsterilized bond buying operation, in effect confirming that there has been zero improvement in the economy, as another $1 trillion is about to be injected until the end of 2013, and more trillions after that. The good thing is that all pretense that the Fed cares about anything but the market is now gone. The bad thing is that the Fed will continue to take over the capital markets until it and the other central banks are the only traders remaining. The only question is whether the market, now well into massively overbought territory, will fizzle and snap back after Bernanke's news announcement, and will QE4EVA (as we believe QE3+1, aka QEternity-er, should be called) have been fully priced in by the time it was announced?

 
AVFMS's picture

11 Dec 2012 – “ (Ain’t That) Good News ” (Sam Cooke, 1964)





Markets recovering quite nicely from the Italian shock. Add some better outlook figures and we’re all friends again. The Spanish bill auction was less punishing than could have been feared. US opening stronger. Everything else is all good again. Greek bonds stellar.

"(Ain't That) Good News" (Bunds 1,32% +2; Spain 5,45% -9; Stoxx 2623 +1,0%; EUR 1,299 +60)

 
AVFMS's picture

10 Dec 2012 – “ Uh...Uh - Bingo Bongo ” (Adriano Celentano, 1982)





Surprisingly stable Risk. BTPs shot down in style. Italy? Down. Chinese data? Partially weak. Japan? In recession. French data? Weak. German data? Strong. Wow! Better have Friday’s PMI numbers really good. Analysts having to reinvent themselves once more as political experts to glare into a smoky crystal ball… Italian contagion contained, for now. Uh…Uh…!

"Uh...Uh - Bingo Bongo " (Bunds 1,30% unch; Spain 5,54% +9; Stoxx 2598 +0,0%; EUR 1,293 -20)

 
AVFMS's picture

Shuffle Rewind 03-07 Dec " Only When I Sleep " (The Corrs, 1997)





Shuffle Rewind 03-07 Dec " Only When I Sleep " (The Corrs, 1997)

This week in review (compared to Fri 30 Nov COB):

Click on day for related post, on title for song.

 
Tyler Durden's picture

Weekly Bull/Bear Recap: Dec. 3-7, 2012





Your comprehensive yet concise, one-stop summary of all the bullish and bearish events of the past week.

 
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