Frontrunning: July 27

Tyler Durden's picture

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A Man without Qualities's picture

I wonder how much of the increase in Chinese industrial company profits are due to revaluation of real estate?

Quintus's picture

I'm sure they're every bit as good at mark-to-unicorn accounting as we are.

Big Corked Boots's picture

"Norfolk Southern's Q2 profit jumps 42% to $557M as revs rose 18.1% to $2.87B."

Not sure I understand why. In this economy, who is shipping more stuff?

Not being snarky. I'm just not getting it.

Catullus's picture

The IMF has no shame. 

Cdad's picture

"The question is, do we still have the level of resources [at the IMF] that is now needed and appropriate to address…the crises," Ms. Lagarde said at a Council of Foreign Relations event ...

Answer...no.

Solution...call Ben Bernanke.  He is always ready to print more and thus further kill the USD to fund the profigates of the world.

One day, someone will drag Bernanke out of the Eccles building and clap him in irons.  Until such time, those thinking that we are in recovery are fools.

cat2's picture

IMF: "Hey, I have an idea, what if we print more money!?"  (repeat forever)

lubyanka's picture

The dollar slumped to $1.4536, against the Swiss franc of $1.6421.

 

Huh??

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