This page has been archived and commenting is disabled.

Tyler Durden's picture

60 Reasons Why Oil Investors Should Hang On





Some things to ignore; some things not to ignore. The inevitable will occur. Supply and demand will cross. The question is will Wall Street notice? Some of the analysts caught the cross in early 2014 but most didn’t.

 
Tyler Durden's picture

"Zombie Ships" - Why Global Shipping Is Even Worse Than The Baltic Dry Suggests





One glance at The Baltic Dry Index's collapse is all that most need to see the painful state of the global shipping industry. However, as gCaptain reports, reality is even worse as the boom in so-called "zombie ships" suggests there is no recovery in sight for the beleaguered containership charter market, which is facing its biggest crisis since the 2008 financial crash.

 
Tyler Durden's picture

A Constant Short Squeeze Threat: Oil Shorts Are At All-Time Highs





We have seen extreme short positioning building up in the oil futures market. The quantity of short positions opened is at an all-time high for Brent, and still high for WTI futures.

 
Tyler Durden's picture

The Self-Serving Apologists For Student Debt-Serfdom





Everyone who isn't blinded by self-interest sees that the cost of higher education in America - and the way we pay for it, by turning students into debt-serfs - is unsustainable. Those benefiting richly from the bloated, ineffective bureaucracy see no alternative, of course; their self-serving handwringing would be laughable if it wasn't so destructive to the nation and the economy.

 
Tyler Durden's picture

Active Shooter Reported At San Diego Naval Medical Center





An active shooter was reported at the Naval Medical Center San Diego on Tuesday, according to a post on the medical center's Facebook page.

 
Tyler Durden's picture

Swiss Franc Plunges To One-Year Lows Amid SNB Intervention Chatter





With the biggest drop in 3 months, EURCHF has broken above last September's highs, plunging below 1.06. Amid chatter of SNB intervention, this is the weakest Swissy has been since the removal of the ceiling a year ago.

 
Tyler Durden's picture

"The Risk Of An Earnings Recession" And Six Other Reasons Why JPM Just Cut Its S&P Target To 2000





"The risk-reward for equities is deteriorating. There is increasing risk that elevated volatility starts incurring enough technical damage to market psychology and spills over, negatively impacting investor, consumer and business sentiment, resulting in a lack of risk taking, and eventually creating a negative feedback loop into the real economy. Going forward we see equity risk remaining asymmetric to the downside given the following seven reasons:"

 
Tyler Durden's picture

Gold Soars Above Key Technical Level Near 2-Month Highs





Gold futures just broke out of their recent range, pushing well above the key 100-day moving average and testing towards $1120 - the highest since early November. It appears precious metals are signaling - as they have done since mid-December - that The Fed will be forced to admit it is wrong - just as Jeffrey Gundlach warned.

 
Tyler Durden's picture

Official In Charge Of China's Cooked GDP Books Probed For "Severe Violations"





Wang Baoan, the finance ministry veteran who now heads China's statistics bureau is under investigation for graft. Although it isn't yet clear whether the probe stems from his time at other agencies, given the heightened scrutiny on China's GDP numbers it seems at least possible that there's some connection between Wang's alleged corrupt activities and his management of the country's manipulated data.

 
Tyler Durden's picture

John Paulson Puts Up Personal Holdings To Secure Credit Line As AUM Plunges





Back in August we noted that John Paulson managed to get himself and his investors involved in two rather dubious "firsts" in 2015: Puerto Rico became the first US commonwealth in history to default, and Greece became the first developed country to default to the IMF. Paulson had invested in Puerto Rican and Greek assets. Now, amid a client exodus, the billionaire is putting up his own holdings to secure a longstanding line of credit with HSBC.

 
Tyler Durden's picture

Chinese "Lose Faith In Collapsing Stock Markets And Currency", Import Most Gold Since 2013





China's demand for gold is back: as China's equities slumped and its yuan currency finished 2015 with a record yearly loss, "people looked at other investment  alternatives that's why there was huge demand for gold," said Brian Lan, managing director at gold dealer GoldSilver Central in  Singapore.

 
Tyler Durden's picture

Consumer Confidence Surges & Plunges





Everything is awesome... or terrible - depending on when you were asked. The Conference Board's consumer confidence surged to its highest since October 2015 at 98.1 (beating expectations of 96.5). However, Gallup shows economic confidence crashing back from a post-State of the Union bounce to its lowest since November 2015. Take your pick...

 
Tyler Durden's picture

US Services Economy Catches Down To Manufacturing - Slumps To Weakest In 13 Months





Following December's disappointing drop in Services PMI data, January's initial print of 53.7 (missing expectations of 54.0) is the weakest since December 2014. It appears the "manufacturing recession doesn't matter" meme was wrong after all. As Markit notes, the survey data paint an inauspicious start to the year for the US economy.

 
Tyler Durden's picture

3% Downpayment FHA Loans Surge As Subprime Buyers Are Back In The Housing Market





Americans across the country have been priced out of the U.S. housing market since the “recovery” began due to a combination of factors; stagnant wages, private equity purchases and money laundering foreigners. As such, many potential first time buyers have been sidelined despite the availability of meager 3% downpayment loans from the FHA as well as Fannie Mae and Freddie Mac. Fortunately for the U.S. ponzi scheme economy, the U.S. government has a solution. Lower mortgage insurance premiums.

 
Tyler Durden's picture

Case-Shiller Home Prices Miss For 7th Month In A Row As "Seasonal Adjustments" Dominate Gains





While the Case-Shiller home price index rose modestly MoM (+0.87%), it continues to disappoint expectations with the 7th consecutive miss in a row. Notably, unadjusted the monthly rise in prices was just 0.1%. Year-over-year gains of 5.8% for the top 20 cities is the fastest price appreciation since July 2014 - thanks once again to the magic of seasonal adjustments.

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