Wall Street Journal

Tyler Durden's picture

The Only Thing That Matters For The Rate-Hike Decision

A week ago, we noted Goldman Sachs' 'strawman' that Janet should "think about easing," despite the world's misplaced confidence that rates will rise "inevitably" since the US economy is doing so well. Today, we get to hear what 'god' thinks as the only thing that matters for The Fed's decision is - keep Lloyd happy  - and Goldman CEO Blankfein just said "U.S. economic data doesn’t support the case for higher interest rates."

Tyler Durden's picture

100% Of US Economists Think China Is Lying About GDP Growth, WSJ Finds

"More than 96% of respondents to the latest Wall Street Journal survey of 64 economists–not all of whom answered every question–said China’s gross-domestic-product estimates don’t accurately reflect the state of the world’s second-biggest economy. None of the respondents said China’s GDP was expanding 7% or more."

Tyler Durden's picture

China's Economy Continues To Crumble As Key Data Is Worst In 15 Years

China's global meltdown-inducing "adjustment" continues unabated as fixed asset investment is weakest since 2000.

Tyler Durden's picture

More American Cronyism: US Government Selling Visas To Fund Luxury Apartment Buildings

Another day, another story highlighting just how completely corrupt and sleazy the U.S. economy has become... The U.S. government is subsidizing the wealthiest developers to build projects for the wealthiest Americans. Someone must have taken a class taught by the Federal Reserve. Just another day in the imperial Banana Republic.

Tyler Durden's picture

Welcome To The Recovery - Two Out Of Five American Children Experience Poverty

The last seven years of American history will be remembered for the unprecedented oligarch crime scene that it is. Branding what has occurred during the Obama administration an “economic recovery,” represents little more than a vicious assault on human intelligence.

Tyler Durden's picture

Avon Rips Higher, Halted Twice As Another LBO Rumor Squeezes Shorts

Just 4 short months ago, Avon stock soared after a fake private equity offer from a fake entity appeared. With a 20% short base, the stock exploded higher. Today, with 17.4% of the stocks' float short, The Wall Street Journal sparks some panic-buying...


Avon has now been halted twice and is trading up 12% (before re-opening). It appears our observation that AVP has a Debt-to-Ebitda of a stunning 3.7x that has blown away hope/hype of the LBO copming to fruition... AVP is fading fast.

Tyler Durden's picture

Abu Dhabi Can't Find $1.4 Billion It Supposedly Received From Malaysia PM's Slush Fund

Late last month, tens of thousands of Malaysians donning banned yellow attire took to the streets in Kuala Lumpur to call for the ouster of Prime Minister Najib Razak whose government has been accused of obstructing an investigation into how some $700 million from a Goldman-backed development bank mysteriously ended up in Najib’s personal bank account. As it turns out, the story goes well beyond Goldman and Najib. As WSJ reports, the 1MDB debacle takes us deep into the shadowy world of sovereign wealth funds where it appears as though someone told a $1.4 billion lie...

Tyler Durden's picture

Will China Invade Alaska, Canada? Will Russia?

Five Chinese navy ships are currently operating in the Bering Sea off the coast of Alaska, the Wall Street Journal reported Wednesday, marking the first time the U.S. military has seen them in the area. Why the sudden interest? Because the Chinese have been studying the cycles. From generational theorists William Strauss and Neil Howe, they have learned that political/cultural cycles last only 65 years, and then they collapse, cycles first observed by Taoist monks and Roman philosophers. And China is exactly 66 years advanced since the Chinese Communist Revolution of 1949. In terms of generational cycles, China is on the eve of destruction. (In terms of the Strauss/Howe theory, so are we.)

Tyler Durden's picture

ECB Bans Media From 'Behind-Closed-Doors' Speech To Hedge Fund Managers

Fool me once, shame on me; fool me twice, shame on you; fool me a third time, you must think we are all just idiots!! Following The ECB's Benoit Coeure "internal procedure error" where he leaked the imminent actions of the central bank to a group of well-heeled hedge fund managers - who proceeded to dump EURUSD ahead of the announcement, The ECB has decided - in all its arrogant wisdom - to decamp to Luxembourg to speak, once again, to participants in the world of high finance behind closed doors. The media aren’t invited (though the ECB will publish some prepared remarks from the board members.).

GoldCore's picture

China Buys 16 Tons Gold In August – Dumps $94 Billion

The People’s Bank of China (PBOC) added another 15.98 tonnes of gold in August – at the same time its foreign exchange reserves fell a whopping $94 billion. 

Tyler Durden's picture

Chuck Norris "Exhausted" By Iran Nuclear "Antics", Walker May Launch "Pre-Emptive Strikes"

"We’re exhausted by your antics and empty promises. If we so much as sniff continued nuclear development, we are going to covertly and overtly stop you, even if that means military action and pre-emptive strikes on your nuclear facilities."

GoldCore's picture

Have 10% of Wealth In Gold As “Fire Insurance” - Rickards

Rickards said that gold is like “fire insurance on your house” ... “Nobody wants their house to burn down but if it does you are glad you have some insurance”. 

Syndicate content
Do NOT follow this link or you will be banned from the site!