• GoldCore
    05/05/2015 - 06:56
    Gillian Tett, markets and finance commentator and an Assistant Editor and former U.S. Managing Editor of the Financial Times, wrote an important and little noticed article last week questioning...

Tyler Durden's picture

Charlie Munger Compares Greece To a "Frivolous, Drunken Brother-In-Law"





Having previously effused over gold and holocaust jews, bailouts, and handouts, Buffett & Munger took aim at Europe, well more implicitly Greece, during today's annual octagenerian-fest.

Munger on Euro strains: You shouldn't create a partnership with your drunken, shiftless brother in law.
And Buffett's (implicit Grexit) retort: the euro can and probably should survive but it will take some changes...

As he previously said, Germany must stop Greek dog peeing on its rug.

 
Tyler Durden's picture

The High Cost Of Centrally Planning The Global Climate





It seems that for the global warming lobby, all that is necessary to set everything right is to hand control of the global economy over to governmental central planners. In their minds, the machinery of government only needs to be set in motion, and everything will be done with righteous precision to preserve the climatological status quo by increasing the cost of energy and cutting economic activity. The costs of such a venture, whether in money or in human lives and human comfort, need never be considered, because, we are told, the only alternative is the total destruction of planet earth. This “Follow Us or Die!” routine is a propagandist’s dream of course, but in real life, where more rational heads - on occasion - prevail, the costs of any proposed government action must be considered against the costs of the alternatives.

 
Tyler Durden's picture

Did A Tap On The Shoulder "Prevent" The US Economy From Sliding Into Recession?





It appears The US Ministry of Truth has been hard at work this week...

 
Tyler Durden's picture

The Most And Least Popular GM Car Models, And Everything Inbetween





A quick look at the list below reveals why economists are praying, for consumers' sake, that oil and gas prices stay low and remain "unambiguously good" for all those who rushed to buy gas guzzling trucks and SUVs. Because if the plunge in oil and gas prices failed to spur a spending spree in the US in the first quarter, then a surge right back to historic price levels will hardly do miracles for American discretionary income once it again costs ~$100 to fill up one's gas tank.

 
Tyler Durden's picture

A Hill Street Blues Financial World - Be Careful, Its Dangerous Out There





We heard from several central banks in the last few days, and what they had to say was just one more reminder that we are in a Hill Street Blues financial world. So, hey, let’s be careful out there - and then some!

 
Tyler Durden's picture

Markets Are Stirring: Complacency Meets Froth





Peering into the froth of a cappuccino, we noticed various sized bubbles. There is a fine line between froth and bubbles. As we continued our gaze, both eventually disappeared. Stirring made the frothy bubbles disappear more quickly. Markets are beginning to stir (more later). Unsustainable states ultimately end.

 
Phoenix Capital Research's picture

The Final And Ultimate Crisis Will Be a Crisis of Faith





The final and ultimate round of the Crisis that begin in 2008 will occur when faith is lost in the Central Banks.

 
 
Tyler Durden's picture

"Completely Absurd" To Think Greece Won't Default In May: Official





Facing a pensioner rebellion and a looming payment due to the IMF, Greece’s back is now truly against the wall. As Handelsblatt reports, even if a deal were reached with creditors this weekend, it may now be logistically impossible for Greece to make a €780 million payment scheduled for May 12. Oh well, there's always war reparations...

 
Capitalist Exploits's picture

Colombia: Sam Zell May be Onto Something





"Colombia is the next star of Latin America" - Sam Zell

 
Tyler Durden's picture

The US Equity Bubble Depends On Corporate Buybacks; Here's The Proof





For those who require still more proof that the rally in US equities has become inextricably linked with corporations leveraging their balance sheets to repurchase their own shares, JP Morgan is out with an in-depth look at buyback trends which strongly suggests that buyback activity is in fact responsible for driving US stocks to record highs.

 
Marc To Market's picture

Dollar's Demise Exaggerated: Technicals Anticipate Turn in Fundamentals





Yogi Berra, one of the keenest observers of the human condition, is said to have once remarked "It is tough to make predictions, especially about the future."  And so it is.

 
Tyler Durden's picture

We Just Broke 2008's Record For The Fastest Economic Unraveling!





The final Q1 GDP revision was just released and we saw that GDP has again missed expectations by such a large margin that 2015 is another write off for a 3% growth year.  Almost comically we heard the same excuses we got last year.  “Weather was wintery and next year is going to be the turnaround year”.  So in order to explain to these supposed economic and market ‘experts’ who seem wholly incapable of understanding economic and market forces with any sense of accuracy, let’s run through a few fundamentals.

 
Tyler Durden's picture

What Happens When You Hand Over Your Gold To The Bank Of England For "Safekeeping"





With London, Paris, and Basel’s compliance, Nazi Germany had just looted 23.1 metric tons of gold without a shot being fired.

 
Tyler Durden's picture

6 Baltimore Cops Charged After MD Attorney Finds Them "Grossly Negligent...Freddie Gray's Death Was A Homicide" - Live Feed





It appears the situation in Baltimore just got a lot more serious as MD State Attorney Marilyn Mosby states that charges have been filed against 6 Baltimore PD police officers, arrest warrants have been issued for the charged cops, and that Gray's death was a homicide.

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