• Pivotfarm
    05/26/2015 - 16:54
    We have fast-paced lives, we pay to get fast-tracked, we eat fast-food and we fast-forward on a film that bores us. Our lives are fast. We even have fast fashion; our clothes are fast these days from...

Google

Tyler Durden's picture

10 Google Search Traffic Charts For The Fed To Consider





As the market anxiously await Janet Yellen's Humphrey-Hawkins testimony this morning, hanging on every word and intonation, ConvergEx's Nick Colas is reminded of Harry Truman’s famous request: “Give me a one-handed economist!”  The U.S. central bank clearly feels challenged by the cross currents of the global economy even as it reiterates confidence in domestic growth prospects. In an effort to help clear things up, Colas brings some 21st century data to the Fed’s distinctly old-school toolset and looks at the historical popularity of 10 Google search terms with a decidedly economic twist. Bottom line: the Google data is clear. The Fed needs to wait a while longer before raising interest rates.

 
Tyler Durden's picture

Frontrunning: February 23





  • Tsipras Tamed as Economists Declare Greece Loses Austerity Fight (BBG)
  • Greece readies reform plans to first sign of leftist unrest (Reuters)
  • Yellen Faces Congress Amid Direst Threat to Fed Since Dodd-Frank (BBG)
  • The war must go on: Kiev says cannot withdraw heavy weapons as attacks persist (Reuters)
  • Ukraine fears spread of war after blast in eastern city (Reuters)
  • Denmark Dismisses Report It Could Consider Capital Controls (BBG)
  • Deadline Nears on Homeland Security Funding Impasse (WSJ)
  • Gross Fund Hurt by Oil’s Plunge Amid Bets on Energy Bonds (BBG)
 
Tyler Durden's picture

Greek Infighting Begins After Historic Syriza Member Slams Agreement, Apologizes For "Contributing To Illusion" Of Change





As the divergence between Syriza's leadership perspective on debt talks - "success...won the battle" - and the Greek voters - "It looks to me that nothing has changed" - grows ever wider, and on the heels of apparent near mutiny last week, there is growing division in the ranks of the newly elected party. Syriza MEP Manolis Glezos penned a stunning rebuke of the party's apparent U-turn and asks his electorate for forgiveness... "Pity, and pity again... I apologize to the Greek people because I have contributed to this illusion... before it is too late, let us react!"

 
Tyler Durden's picture

"We Messed Up Badly" Lenovo Admits Putting Tracking Software On Your PC





Meet SuperFish - Lenovo's, the world's largest computer manufacturer, pre-installed, image recognizing tracking software that monitors everything you do, and breaches web security... all for the purpose of pushing more ads in your face. After its initial approach of being completely unapologetic and dismissal, Lenovo is now groveling for forgiveness. The company’s Chief Technology Officer now says, “We messed up badly here,” and “We made a mistake.”

 
Tyler Durden's picture

Frontrunning: February 20





  • Greece Should Not Give In to Germany’s Bullying (FP)
  • Greece Can Pay Its Debts in Full, but It Won’t (WSJ)
  • Early Friday humor: Euro Region Economy Strengthens Amid Wrangling on Greece  (BBG)
  • Euro zone may need extra summit to clinch Greek deal (Reuters)
  • Oil-Drop Pain Spreads to Saudi Arabia’s Energy Behemoth (WSJ)
  • Yellen Confronts Economists’ Ignorance (BBG) - where does one even start with this one
  • ECB Plans to Push Greek Banks to Shed State Debt If Talks Fail (BBG)
 
Reggie Middleton's picture

When Everybody Thinks They're Right, They're Almost Guaranteed to be Wrong! I Think This Is The Biggest Bubble In World History





But guess what? It's really, really, really different this time! In this one short post, there's more than enough indisputable evidence of a bubble than anyone can justifiably ignore.

 
Tyler Durden's picture

NYU Professor Uncovers How The FDA Systematically Covers Up Fraud & Misconduct In Drug Trials





"That misconduct happens isn’t shocking. What is: When the FDA finds scientific fraud or misconduct, the agency doesn’t notify the public, the medical establishment, or even the scientific community that the results of a medical experiment are not to be trusted. On the contrary. For more than a decade, the FDA has shown a pattern of burying the details of misconduct. As a result, nobody ever finds out which data is bogus, which experiments are tainted, and which drugs might be on the market under false pretenses."

 
Tyler Durden's picture

EU Leaders "Are Afraid The Syriza 'Virus' Will Spread Across Europe"





As anti-austerity protests continue to build in numbers across Europe (and not just in Spain where Podemos now holds a commanding poll lead over the status quo) KeepTalkingGreece reports that Greek parliamentary spokesman for Syriza, Nikos Filis notes "The wave of protests indicates a new beginning... And it scares the dominant forces in Europe. Because Syriza virus can spread and in their communities." And we suspect that is indeed the Eurogroup's greatest fear...

 
Tyler Durden's picture

Fed Links To Paper Extremely Critical Of Monetary Intervention... Then Pulls Link





The Federal Reserve Bank of Cleveland earlier this week tweeted out a notice of a working paper titled: U.S. Intervention during the Bretton Woods Era:1962-1973... a detailed report on the massive interventions in currency markets that the Treasury and the Federal Reserve conducted and is exceptionally critical of the market manipulations that took place during that period. It is probably no surprise then that the paper is no longer featured at the Cleveland Fed, and the tweet was quickly deleted.

 
Tyler Durden's picture

Obama Unveils His Executive Order To Share Your Confidential Information With Corporations: Live Webcast





As reported earlier, today Obama will unleash his latest executive order, one which will set the stage for "information sharing and analysis organizations" (ISAOs) - or, in political jargon "hubs where companies share cyber threat data with each other and with the Department of Homeland Security."  In regular parlance, what Obama will do is merely codify the second coming of the Patriot Act. Click here to make it easier for the NSA watch you watch the president.

 
Tyler Durden's picture

Patriot Act 2: Obama Executive Order Will Promote Sharing Of Confidential Information With Corporations





Here come the "information sharing and analysis organizations", or ISAOs.

 
Tyler Durden's picture

Argentine President Fernandez Charged In Alleged Cover-Up





Just weeks after the death of Alberto Nisman - the prosecutor who was investigating Argentine President Fernandez' alleged cover-up of an Iranian bombing - it appears the discovery of an arrest warrant for the President at his home has prompted the following:

*ARGENTINA'S FERNANDEZ CHARGED IN PROBE OF ALLEGED COVER UP: TN

Given her insistence that Nisman's death was not suicide but from a faction within her (now defunct) intelligence unit, we can only imagine the level of uncertainty in the nation and the potential for social unrest (or worse) is growing rapidly as the movement supporting Nisman was already surging. Analysts warned that charging Fernandez would be "a scandal on a level previously unseen.”

 
Tyler Durden's picture

Fourth Turning: The Shadow Of Crisis Has Not Passed - Part 3





When you accept the fact history is cyclical and continuous linear progress is not what transpires in the real world, you free yourself from the mental debilitation of normalcy bias and cognitive dissonance. Things do get worse. There are dark periods of history and they recur on a regular cycle. And we are in the midst of one of those dark periods. This Crisis will not be resolved without much pain, sacrifice, bloodshed, and ultimately war. The American people have lost their ability to think, reason, question, do math, control their urges, defer gratification, or realize when they are being lied to by the people they elected to public office. A culture of ignorance, celebration of the absurd, salutation of stupidity, honoring of the inane, being mesmerized by electronic gadgets, and satiating their egocentric shallow impulses on social media, is a sure recipe for societal collapse.

 
Capitalist Exploits's picture

This is the Land of Milk and Honey





This country has gone from being one of the most regulated countries in the OECD to one of the least regulated and as a result the economy has boomed. Many of the wealthiest people in the world have been quietly establishing escape hatches here.

 
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