Tyler Durden's picture

Gundlach Explains Why The Market Hasn't Crashed Yet: "People Are Holding And Hoping"

 "The reason the markets aren't going lower is people are holding and hoping." Incidentally, there is a reason why hope is not a strategy: in the end, it always fails.

Tyler Durden's picture

Hanging By A Thread

The poker game continues as markets finished the week right back in range. Bulls got a magic save on Friday following bad news as both NFP and factory orders came in far below expectations, but the risks to charts are mounting and frankly markets are hanging by a thread and need a major technical rescue soon.

Tyler Durden's picture

Will The Failure Of Central Banking Lead To Global Bloodshed: The French Revolution Case Study

The sequence of events leading up the French Revolution are likely unfamiliar to most. Yet money printing and a debauched French currency played no small part in those events. As a sequel to “Shorting the Federal Reserve”, 720 Global aims to provide an historical example of excessive money printing which lead to financial crisis, and ultimately the revolution of a major sovereign nation. More than a history lesson, this article effectively illustrates the road on which the U.S. and many other nations currently travel. The story relayed in this article is not a forecast for what may happen but a simple reminder of what has repeatedly happened in the past.

Tyler Durden's picture

The Unwind Of QE Means The "S&P Should Be Trading At Half Of Its Value", Deutsche Bank Warns

"Since 2013, stocks rallied while disinflationary pressures were reinforced by a strong USD, low commodity prices and a decline in global demand. If pre-2013 coordination between the two is taken as a reference, then based on current stock prices breakevens should trade about 1.5% wider. This means the Fed should be hiking because inflation is above target. Alternatively, given the current level of inflation, S&P should be trading at half of its value."

Phoenix Capital Research's picture

Physical Cash Poses a HUGE Problem For Central Banks

Moves will be made to ban physical cash in the coming months.

Tyler Durden's picture

"They Just Don't Want A Job" - The Fed's Grotesque "Explanation" Why 94.6 Million Are Out Of The Labor Force

"The decrease in labor force participation among prime-age individuals has been driven mostly by the share who say they currently don't want a job."

Tyler Durden's picture

"They're Hopping Mad In The US And Saudi Arabia": Russian Strikes In Syria Spark Epic Western Media Propaganda Blitz

"They’re hopping mad in Saudi Arabia, the U.S. And Qatar because of their defeat and the victory of Russia and Syria and the unraveling of the fact that the U.S. and its allies are not serious about fighting Islamic State. Those who claim to be concerned about the Syrian people are the ones slaughtering the Syrian people through the terrorists."

Tyler Durden's picture

Bill Ackman's Pershing Square Plunges Over 20% In Past Two Months, Loses Nearly $4 Billion In AUM

It has been a cruel summer, with lots of leverage, for Bill Ackman and his Pershing Square hedge fund.

Tyler Durden's picture

If You Work Here, Quit Before You Are Fired: The 20 Largest US Layoff Announcements Of 2015

For those eager to push aside the endless government propaganda and concerned about the rapidly deteriorating economy, here is a list of the Top 20 biggest private-sector job cut announcements of 2015. Our advice: for anyone who is still employed at any of the following corporations, if you can find a job elsewhere (because the "recovery" and all), do it before you too become a seasonally-adjusted pink-slip.

Tyler Durden's picture

Wall Street Banks Admit They Rigged CDS Prices Too

As Bloomberg reports, "JPMorgan Chase & Co. is set to pay almost a third of a $1.86 billion settlement to resolve accusations that a dozen big banks conspired to limit competition in the credit-default swaps market, according to people briefed on terms of the deal."

Tyler Durden's picture

HFTs Have Devolved To Two-Bit Criminals Straight Out Of "Office Space"

A quick summary of the latest HFT market-rigging scam: mysteriously, and "erroneously", a change in Latour Trading's code was made, which the firm lacked "direct and exclusive control" over, and which was non-compliant with Reg NMS requirements, yet which mysteriously ended up generating "gross trading profits and rebates by stock exchanges" amounting to $2.8 million. Where have we seen this? Oh yes...

Tyler Durden's picture

Tech Censors? Apple Bans App Noting Every US Drone Strike; Facebook Blocks Ad For "Negativity"

"Under U.S. law - the law that, not coincidentally, governs most of the world’s largest online platforms - intermediaries such as Twitter and Facebook generally can’t be held responsible for what people do on them. But the United Nations proposes both that social networks proactively police every profile and post, and that government agencies only “license” those who agree to do so." Interestingly, it appears Apple and Facebook want to get ahead of the curve and begin censoring news the U.S. government might find embarrassing right away.

Tyler Durden's picture

Washington Blasts Putin For Russian Strikes On "CIA-Backed Rebels" In Syria

"He deliberately tries to do things to throw opponents off balance and he’s always trying to get some sort of element of surprise and tactical advantage over people, that’s sort of what keeps him going is this constant springing surprises and flipping events in his favor."

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