Reuters

Frontrunning: September 16

  • Contrarian CEOs tell the Fed: Go ahead, raise my rates (Reuters)
  • Goldman Warns Markets Unprepared for Fed as Treasuries Seesaw (BBG)
  • Investors Look Beyond Fed Meeting, See Low Rates (WSJ)
  • Volatility seen lingering no matter what the Fed does (Reuters)
  • What Rising Interest Rates Would Mean for You (BBG)
  • China Stocks Jump in Last Hour of Trading on State Support Signs (BBG)
  • No Escape for China Hedge Funds Overwhelmed by Stocks Crash (BBG)
  • Hedge Fund Bridgewater Defends Its ‘Risk-Parity’ Strategy (WSJ)

Frontrunning: September 15

  • China stocks resume sharp slide as economic worries mount (Reuters)
  • OECD head says sees further cut to global growth forecasts (Reuters)
  • The U.S. Dollar Is Gaining Like It's the 1980s — For Better or Worse (BBG)
  • Glencore Slumps to Record Low, Erasing Gains Since Debt Plan (BBG)
  • Woman killed, 400 homes destroyed by California wildfire (Reuters)
  • Why Morning Is the Worst Time to Trade Stocks (WSJ)
  • German Investor Confidence Damped by Weaker Emerging Markets (BBG)

Stunning Video Emerges As 1000s Flee California Wildfires After Governor Calls 'State Of Emergency'

As if the drought was not disheartening enough, wildfires are now raging across many parts of northen and southern California focing Governor Jerry Brown to call a state of emergency. Nowhere is the crisis more evident than in NorCal's Lake County where, as The LA Times reports, the untamed wildfire forced chaotic evacuations, is consuming hundreds of homes and businesses, and has outrun the efforts of a growing army of firefighters to corral it. However, as the following clip shows, one car-driver ran the gauntlet and managed to outrun "the worst tragedy Lake County has ever seen," in a scene right out of a disaster movie.

UniCredit To Fire 10,000 As EU Bank Pink Slip Pandemonium Continues

First it was Deutsche Bank, and now UniCredit. "Italy's biggest bank by assets, is planning to cut around 10,000 jobs, or 7 percent of its workforce, as it seeks to slash costs and boost profits, a source at the bank told Reuters on Monday," Reuters reports.

Russian Tanks, Artillery Massing Near Syrian Airfield, US Officials Tell Reuters

According to Reuters "Russia has positioned about a half dozen tanks at a Syrian airfield where it has been steadily building up defenses." The sources of this material escalation: two U.S. officials...  speaking on condition of anonymity to discuss the matter. Just like the "sources" on all Greek developments over the past 5 years. We can only hope the "anonymous" US officials will soon provide photographic evidence of their claims.