Ford
European Car Sales Drop To 20-Year Low, Germany Clobbered
Submitted by Tyler Durden on 06/18/2013 07:54 -0400
When the S&P, always so conveniently ahead of the curve, yesterday revised its forecast for Europe from growth in the second half of 2013 to 2014 one couldn't help but golf clap, as well as wonder if they finally started looking at the fundamental depressionary reality on the ground instead of the rating agency's infamous "models." A depressionary reality confirmed by the latest car sales number for May which just hit a fresh 20 year low.
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Frontrunning: June 18
Submitted by Tyler Durden on 06/18/2013 07:32 -0400- Apple
- Bank of Japan
- Barack Obama
- Ben Bernanke
- Ben Bernanke
- Brazil
- China
- Citigroup
- Commercial Real Estate
- Corruption
- Crack Cocaine
- Crude
- Davis Polk
- Detroit
- Dreamliner
- European Central Bank
- European Union
- Federal Reserve
- Federal Reserve Bank
- Ford
- Japan
- KKR
- LIBOR
- Michigan
- Newspaper
- Nikkei
- Private Equity
- Private Jet
- Real estate
- Recession
- Reuters
- Serious Fraud Office
- Special Situations
- Third Point
- Vladimir Putin
- Wall Street Journal
- Obama Says Bernanke Fed Term Lasting ‘Longer Than He Wanted’ (Bloomberg)
- Merkel Critical Of Japan's Credit Policy In Meeting With Abe (Nikkei)
- China Wrestles With Banks' Pleas for Cash (WSJ)
- Biggest protests in 20 years sweep Brazil (Brazil)
- Pena Nieto Confident 75-Year Pemex Oil Monopoly to End This Year (Bloomberg)
- G8 leaders seek common ground on tax (FT)
- Putin faces isolation over Syria as G8 ratchets up pressure (Reuters)
- Former Trader Is Charged in U.K. Libor Probe (WSJ) - yup: it was all one 33 year old trader's fault
- Draghi Says ECB Has ‘Open Mind’ on Non-Standard Measures (BBG)
- Loeb Raises His Sony Stake, Drive for Entertainment IPO (WSJ)
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Frontrunning: June 14
Submitted by Tyler Durden on 06/14/2013 07:24 -0400- Apple
- Bain
- Bank of England
- Barack Obama
- Berkshire Hathaway
- BOE
- Bond
- Capstone
- Carlyle
- China
- Chrysler
- Consumer Prices
- CSC
- Ford
- Gannett
- Housing Market
- Iran
- Ireland
- JPMorgan Chase
- LIBOR
- Monetary Policy
- New York State
- Newspaper
- Private Equity
- RBS
- Reuters
- Rupert Murdoch
- Securities and Exchange Commission
- Steve Jobs
- Turkey
- Unemployment
- Unemployment Benefits
- Wall Street Journal
- White House
- Yuan
- As Goldman's money-printing tentacle Carney arrives, everyone else leaves: Tucker to Leave BOE (WSJ)
- So much for pent up demand: Refinancings Plunge as Bond Yields Rise (WSJ)
- Singapore Censures 20 Banks for Attempts to Rig Benchmark Rates (BBG)
- Behind the Big Profits: A Research Tax Break (WSJ)
- While working for spies, Snowden was secretly prolific online (Reuters)
- Turkey to Await Ruling on Park as Erdogan Meets Protesters (BBG)
- Iran votes for new president, Khamenei slams U.S. doubts (Reuters)
- NSA revelations, modified wheat cast a pall on U.S. trade talks with Europe (WaPo)
- Euro zone inflation subdued as employment keeps falling (Reuters)
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Auto Incentives Jump To 8% Of Car Value, Highest In Two Years
Submitted by Tyler Durden on 06/12/2013 10:00 -0400
We showed yesterday the truly dreadful state of this economic recovery had one odd bright (green) spot, US auto production (and sales). While cash-for-clunkers started it, and easy money from the Fed expanded it (via credit for an ever-growing cohort of subprime borrowers), the car companies have now reached back into the bag of old tricks that blew them up before - incentives in May jumped to 8% of market value - or almost $2,500 per vehicle - the highest in over 2 years. If things are going so well in this 'recovery' why are the car makers forced to squeeze margin for volume... The problem, as BusinessWeek reports, is that increasingly rich incentives aren't moving the needle much on sales.
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Frontrunning: June 12
Submitted by Tyler Durden on 06/12/2013 07:37 -0400- Bank of Japan
- Berkshire Hathaway
- CBOE
- China
- Dollar General
- Dreamliner
- Ford
- General Electric
- Germany
- Greece
- Iran
- Jamie Dimon
- Japan
- Keefe
- Market Share
- Monetary Policy
- Morgan Stanley
- Mortgage Loans
- national security
- New Normal
- Obama Administration
- PIMCO
- Prudential
- Recession
- Reuters
- South Carolina
- Volatility
- Wall Street Journal
- Pimco Sees 60% Chance of Global Recession in Five Years (BBG)
- Global Tumult Grips Markets (WSJ)
- NSA Secrecy Prompts a Pushback (WSJ)
- ANA Scraps 787 Dreamliner Flight as Engine Fails to Start (BBG) - one of these days, though, it shall fly
- Kuroda’s April-Was-Enough Message Faces Markets Wanting More (BBG)
- S&P warns top US banks are still ‘too big to fail’ (FT)
- Democracy for $500 per plate (Reuters)
- Iran, the United States and 'the cup of poison' (Reuters)
- Japan grapples with lack of entrepreneurs (FT)
- Greece First Developed Market Cut to Emerging at MSCI (BBG)
- Asia's ticking time bonds; time to cut and run? (Reuters)
- Sony Outduels Microsoft in First PS4-Xbox One Skirmish (BBG)
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Frontrunning: June 6
Submitted by Tyler Durden on 06/06/2013 07:31 -0400- Apple
- Australia
- Bond
- Carlyle
- Chesapeake Energy
- China
- Commodity Futures Trading Commission
- Crack Cocaine
- Dark Pools
- dark pools
- FBI
- Fisher
- Ford
- Greece
- Gross Domestic Product
- headlines
- Insider Trading
- International Monetary Fund
- KKR
- LIBOR
- Monsanto
- national security
- Newspaper
- Private Equity
- Real estate
- Reuters
- SAC
- Transparency
- VeRA
- Verizon
- Wall Street Journal
- Yen
- Yuan
- Global Stocks Tumble as Treasuries Rally, Yen Strengthens (BBG)
- China Export Gains Seen Halved With Fake-Data Crackdown (BBG) - so a crash in the GDP to follow?
- FBI and Microsoft take down botnet group (FT)
- Quant hedge funds hit by bonds sell-off (FT)
- Russia's Syria diplomacy, a game of smoke and mirrors (Reuters)
- Obama Confidantes Get Key Security Jobs (WSJ)
- BMW to Mercedes Skip Summer Breaks to Keep Plants Rolling even as European auto demand slides to a 20-year low (BBG) - thank you cheap credit
- Paris threat to block EU-US trade talks (FT)
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The “Chinese Dream” Come True: Gobbling Up Assets Overseas
Submitted by testosteronepit on 06/05/2013 12:53 -0400That concept of the Chinese Dream "came just in time" and will "benefit the world"
- testosteronepit's blog
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Frontrunning: June 3
Submitted by Tyler Durden on 06/03/2013 07:23 -0400- AIG
- American International Group
- Apple
- Bank Failures
- Bank of America
- Bank of America
- Bank of England
- BBY
- BLS
- BOE
- Bureau of Labor Statistics
- China
- Copper
- Crack Cocaine
- Ford
- France
- GOOG
- India
- Ireland
- Italy
- Keefe
- Mervyn King
- MSNBC
- Natural Gas
- New York State
- ratings
- Reality
- REITs
- Renminbi
- Reuters
- SAC
- Subprime Mortgages
- Switzerland
- Unemployment
- United Kingdom
- Wall Street Journal
- World Trade
- BIS lays out "simple" plan for how to handle bank failures (Reuters) - Are we still holding our breath on Basel III?
- Deficit Deal Even Less Likely - Improving U.S. Fiscal Health Eases Pressure for a 'Grand Bargain' Amid Gridlock (WSJ)
- IRS Faulted on Conference Spending (WSJ)
- Deadly MERS-CoV virus spreads to Italy (CNN)
- Turkish PM Erdogan calls for calm after days of protests (Reuters)
- Financial system ‘waiting for next crisis’ (FT)
- Russia to send nuclear submarines to southern seas (Reuters)
- China Nuclear Stockpile Grows as India Matches Pakistan Rise (BBG)
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- 3524 reads
Frontrunning: May 31
Submitted by Tyler Durden on 05/31/2013 07:53 -0400- AIG
- American International Group
- Barrick Gold
- Boeing
- Bond
- China
- Citigroup
- Crack Cocaine
- Dell
- Dreamliner
- European Union
- Ford
- GE Capital
- Gross Domestic Product
- India
- International Monetary Fund
- Japan
- Keefe
- Lazard
- Managing Money
- Morgan Stanley
- Nationalization
- Natural Gas
- Newspaper
- Obama Administration
- Personal Consumption
- Prudential
- REITs
- Reuters
- Royal Bank of Scotland
- Saudi Arabia
- Tender Offer
- Unemployment
- University of California
- Volvo
- Wall Street Journal
- Yen
- Yuan
- Record unemployment, low inflation underline Europe's pain (Reuters)
- The ponzi gets bigger and bigger: Spanish banks up sovereign bond holdings by more than 10% (FT)
- California Lawmakers Turn Down Moratorium on Fracking (BBG)
- China’s Growing Ranks of Elderly Beset by Depression, Study Says (BBG)
- Tokyo Prepares for a Once-in-200-Year Flood to Top Sandy (BBG)
- Morgan Stanley Cutting Correlation Unit Added $50 Billion (BBG)
- IMF warns over yen weakness (FT)
- Rising radioactive spills leave Fukushima fishermen floundering (Reuters)
- India records slowest growth in a decade (FT)
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Frontrunning: May 30
Submitted by Tyler Durden on 05/30/2013 07:58 -0400- AIG
- American International Group
- BAC
- China
- Chrysler
- Commodity Futures Trading Commission
- Crack Cocaine
- European Central Bank
- Ford
- Housing Market
- International Monetary Fund
- Italy
- Japan
- Keefe
- KKR
- Las Vegas
- NASDAQ
- national security
- Obama Administration
- Proposed Legislation
- ratings
- RBS
- RealtyTrac
- RealtyTrac
- Recession
- recovery
- Reuters
- SAC
- Unemployment
- Wall Street Journal
- Yuan
- Japan’s Stocks Correction Raises Stakes for Abe’s Growth Plan (BBG)
- China Failure to Grow With $1 Trillion Is Warning to Li (BBG)
- Blankfein Leads Bank CEO Pay With $26 Million Deemed Overpaid (BBG)
- IMF says ‘no evidence yet’ of Abenomics hurting other economies (FT)
- Europe Seeks CFTC Delay in Imposing Swaps Rules on Banks (BBG)
- Fed's Rosengren: 'Modest' QE3 cut may make sense in a few months (Reuters)
- Who’s who of Obama lobbyists pushes Keystone pipeline (FT)
- China to Study Joining U.S.-Led Trade Accord After Japan Added (BBG)
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- 2730 reads
Frontrunning: May 29
Submitted by Tyler Durden on 05/29/2013 07:40 -0400- Apple
- Bond
- Case-Shiller
- China
- Citigroup
- Comcast
- Copper
- Corporate Finance
- Corruption
- Crack Cocaine
- Dell
- Eurozone
- Fannie Mae
- Ferrari
- Ford
- Freddie Mac
- Futures market
- International Monetary Fund
- Japan
- Morgan Stanley
- national security
- Newspaper
- Real estate
- recovery
- Reuters
- Securities Fraud
- Switzerland
- United Kingdom
- Wall Street Journal
- South China Sea tension mounts near Filipino shipwreck (Reuters)
- OECD cuts economic forecasts as eurozone drags on growth (FT)
- Switzerland frees banks to settle U.S. tax evasion cases (Reuters)
- U.S. Says Firm Laundered Billions (WSJ)... no, it's not HSBC, also: Free Corzine!
- Ardent conservative Bachmann to not seek re-election to Congress (Reuters)
- Russia faults U.S. over 'odious' Syria rights resolution (Reuters)
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- 3245 reads
Frontrunning: May 28
Submitted by Tyler Durden on 05/28/2013 07:15 -0400- ‘Cov-lite’ loans soar in dash for yield (FT)
- Cambodian police clash with thousands of garment workers, 23 hurt (Reuters)
- Obama Accepting Sequestration as Deficit Shrinks (BBG)
- Having done nothing to restore confidence in a fragmented market, the SEC turns back to main street fraud (WSJ)
- Europe's austerity-to-growth shift largely semantic (Reuters)
- Germany thwarts EU in China solar fight (FT)
- In EU-China dispute, Beijing warns of trade (FT)
- U.S. Oil Boom Divides OPEC (WSJ)
- Record Cash Sent to Balanced Funds (BBG)
- Hilsenrath: Fed Wrestles With Market Expectations About Pace of QE (WSJ)
- Worse-Than-Cyprus Debt Load Means Caribbean Defaults to Moody’s (BBG)
- States Raise College Budgets After Years of Deep Cuts (WSJ)
- U.K. Banks Cut 189,000 With Employment at Nine-Year Low (BBG)
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- 3396 reads
Frontrunning: May 23
Submitted by Tyler Durden on 05/23/2013 07:44 -0400- AIG
- American International Group
- Apple
- Australia
- BAC
- Barack Obama
- Barclays
- China
- Copper
- Corporate Finance
- Corporate Restructuring
- Crude
- Crude Oil
- Detroit
- Ford
- General Electric
- General Motors
- Insider Trading
- Jamie Dimon
- Japan
- JPMorgan Chase
- Lehman
- Lehman Brothers
- LIBOR
- Market Share
- Middle East
- Newspaper
- Nielsen
- Nikkei
- Private Equity
- recovery
- Reuters
- Securities and Exchange Commission
- Trading Rules
- Wall Street Journal
- White House
- Yuan
- Global shares sink, following 7.3 percent drop in Japan's Nikkei (Reuters)
- When all fails, pull a Kevin Bacon: Japan Economy Chief Warns Against Panic Over Stock Sell-Off (BBG)
- White House Feeds IRS Frenzy by Revising Accounts (BBG)
- In any scandal, lying to Congress is tough to prove (Reuters)
- Debt limit resets at higher level, budget impasse grinds on (Reuters)
- China factory data to test political calculations (FT)
- European Leaders Saying No to Austerity (BBG)
- And yet, nobody wants in anymore: Iceland’s new coalition government suspends EU accession talks (FT)
- Oil Manipulation Inquiry Shows EU’s Hammer After Libor (BBG)
- The Fed Squeezes the Shadow-Banking System (WSJ)
- Diamond Said to Weigh Backing Barclays Alumni in Venture (BBG)
- Spain’s Private Jets Disappearing as Tycoons Cut Flights (BBG)
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- 3195 reads
Frontrunning: May 22
Submitted by Tyler Durden on 05/22/2013 07:29 -0400- Apple
- Bank of Japan
- Barrick Gold
- Ben Bernanke
- Ben Bernanke
- Bond
- Carlyle
- China
- Corporate Finance
- Crude
- Crude Oil
- Darrell Issa
- European Union
- Ford
- Fox News
- General Motors
- Goldman Sachs
- goldman sachs
- Hong Kong
- Iceland
- Insider Trading
- Italy
- Jamie Dimon
- Japan
- JPMorgan Chase
- Keefe
- KKR
- Markit
- Mexico
- Private Equity
- Real estate
- Reuters
- SAC
- Starwood
- Testimony
- Wall Street Journal
- Westfield
- Yen
- Yuan
- Apple Bonds Stick Buyers With $280.6 Million Loss as Rates Climb (BBG)
- Iceland Freezes EU Plans as New Government Shuns Euro Crisis (BBG)
- "Transparent Fed" - Ben Bernanke meets privately with Darrell Issa (Politico)
- Bank of Japan vows market steps to curb bond turbulence (Reuters) holds policy (FT)
- Stockholm riots spread in third night of unrest (FT)
- Dudley Says Decision on Taper Will Require 3-4 Months (BBG)
- Senate panel passes immigration bill; Obama praises move (Reuters)
- Italy to outline youth jobs plan as government struggles (Reuters)
- Apple CEO Tim Cook, Lawmakers Square Off Over Taxes (WSJ)
- Google Joins Apple Avoiding Taxes With Stateless Income (BBG)
- Sony Board Discussing Loeb’s Entertainment IPO Proposal (BBG)
- Vote Strengthens Dimon's Grip (WSJ), Dimon performance well choreographed (FT)
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- 3185 reads
Frontrunning: May 21
Submitted by Tyler Durden on 05/21/2013 07:48 -0400- Activist Shareholder
- Allied Capital
- Apple
- Bill Gross
- Bond
- Charlie Ergen
- China
- Cohen
- Corporate Finance
- Crack Cocaine
- Credit Suisse
- Dell
- Deutsche Bank
- European Union
- Ford
- France
- Goldman Sachs
- goldman sachs
- Gross Domestic Product
- Hershey
- India
- Insider Trading
- International Monetary Fund
- Ireland
- Japan
- JPMorgan Chase
- Mexico
- Morgan Stanley
- Newspaper
- Obama Administration
- Oklahoma
- Private Equity
- ratings
- Recession
- Reuters
- SAC
- SocGen
- United States Attorney
- Wall Street Journal
- Yen
- Yuan
- IMF Tells Central Europe to Spend More (WSJ)
- Tornadoes Blast Oklahoma (WSJ)
- Frenetic search for survivors as 91 feared dead in tornado-hit Oklahoma (Reuters)
- JPMorgan investors on edge over vote on Dimon; what if they win? (Reuters)
- Wealthy bank depositors to suffer losses in EU law (Reuters)
- Yen Slips as Amari Backtracks (BBG)
- Japan Ready for More Yen Weakness Despite Recent Comments (WSJ)
- IRS officials back on Capitol Hill hot seat over targeting (Reuters)
- Li Keqiang pledges China boost to India trade (FT)
- Europe's Recession Sparks Grass-Roots Political Push (WSJ)
- Obama and Xi to meet in effort to calm growing US-China rivalry (FT)
- Berlin plans to streamline EU but avoid wholesale treaty change (FT)
- France must reform or face punitive measures - EU's Oettinger (Reuters)
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- 3780 reads



