• GoldCore
    07/01/2015 - 10:07
    With all eyes on Greece it would seem another crisis relating to unpayable debt is brewing in the Caribbean. The governor of Puerto Rico, Alejandro García Padilla, has warned that the island is...

NASDAQ

Tyler Durden's picture

"Calm Reigns" Everywhere As Greece Inches Closer To Default, China Crashes





European shares remain higher, close to intraday highs, with the autos and travel & leisure sectors outperforming and basic resources, utilities underperforming. Meeting of finance officials to reach a deal over Greek aid ended in frustration, forcing leaders to call for an emergency summit for Monday. ECB plans to hold an emergency session of its Governing Council on Friday to discuss a deterioration in liquidity at Greek banks, three people familiar said. German airwave auction raises $5.7b to top 2010 sale. Bank of Japan leaves monetary policy unchanged as forecast. Shanghai Composite Index capped its worst weekly decline in seven years.

 
Tyler Durden's picture

Nasdaq Takes Out Dot Com Bubble Record Highs





As CNBC is very careful to explain "it's different this time"...

 
Tyler Durden's picture

Thank You Janet - Nasdaq Nears Record High





Just imagine the exuberance if ORCL was still in the Nasdaq...

 
GoldCore's picture

Cyberwarfare Threat To Nuclear, Banking and Financial System





Our modern western financial and banking system with its massive dependency on single interface websites, servers and the internet faces serious risks that few analysts have yet to appreciate and evaluate.

 
Tyler Durden's picture

Nasdaq Drops Below 5,000 As AAPL Weighs On Stocks





But but but... Apple's "Internet Radio"!

 
Tyler Durden's picture

European Stocks Suffer Longest Losing Stretch In 2015; US Futures Down





After a quiet Asian session, where not even the latest Chinese CPI miss was enough to push the SHCOMP to new multi-year highs, all eyes were on Europe where a few hours ago the European Commission announced it had received not one but two new proposals from Greece with the Greek government adding that it considers proposals submitted last week as remain basis for political negotiations. However, barely had Europe received the Greek addenda when it nein'ed all over them, with BBG citing an international official directly involved in talks saying that the "Greek government's revised proposal to unlock bailout funds is vague rehash of earlier plans, not considered credible."

 
Tyler Durden's picture

"Go East, Young Firm": Chinese Companies Drop New York Listings, Return Home





"Chinese tech firms have fallen out of love with America, and it shows - a growing number of them are looking to drop their listings in New York and head back home," Reuters reports. With 133X valuations singing a siren song, and with Beijing looking to remove restrictions that discouraged some companies from listing in China, dozens of Chinese companies are looking to repatriate.

 
Tyler Durden's picture

"Bernanke & Greenspan Have Destroyed America" Schiff & Maloney Warn "People Don't Realize What Is Coming"





Ali and Frazier, Laurel and Hardy, Mayweather and Pacquiao, Liesman and Santelli, and now Schiff and Maloney. Peter and Mike join clash of the titan-like to discuss their investment strategies and expose the charts the government doesn't want you to seeas "people like Bernanke are taken seriously still and the people that did predict [the crisis] are dismissed as lunatics half the time." The wide-reaching conversation covers everything from gold and stocks to The Fed and The Dollar - Bernanke "took the coward’s way out because all he did was exacerbate the problems to postpone the day of reckoning." The air is coming out of the bubble, they warn, "Bernanke and Greenspan have absolutely destroyed America. People don’t realize what is coming..."

 
Tim Knight from Slope of Hope's picture

Roaring Interest Rates





There is no nuance to what I'm going to say: interest rates are pushing higher, and this is going to be a millstone around the neck of the world economy.

 
Tyler Durden's picture

When Chasing The Tape - Please Mind The Lemmings





"...with each passing session the casino is getting more dangerous, but the lemmings have no clue and the narrative gets ever more specious."

 
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