• Pivotfarm
    04/20/2014 - 17:08
    As the audience went from laughter to applause, Vladimir Putin responded to the question that he had just read out on a televised debate in Russia. What was the question?

Apple

Tyler Durden's picture

Frontrunning: September 13





  • Italy Says It Won't Seek Aid (WSJ)... and neither will Spain, so no OMT activation, ever. So why buy bonds again?
  • European Lenders Keep Ties to Iran (WSJ)
  • Fink Belies Being Boring Telling Customers to Buy Stocks (Bloomberg)
  • Dutch Voters Buck Euro Debt Crisis to Re-Elect Rutte as Premier (Bloomberg)
  • China's Xi cited in state media as health rumors fly (Reuters)
  • China vs Japan: Tokyo must come back 'from the brink' (China Daily)
  • Manhattan Apartment Vacancy Rate Climbs After Rents Reach Record (Bloomberg)
  • Well-to-do get mortgage help from Uncle Sam (Reuters)
  • Princeton Endowment Expected to Rise Less Than 5% in Year (Bloomberg)
  • Protesters Encircle U.S. Embassy in Yemen (WSJ)
  • US groups step up sales of non-core units (FT)
 


Tyler Durden's picture

Guest Post: iTaxes Vs. Uncle Sam's Friends And Family Plan





Yesterday, news broke that the US government has awarded a whopping $104 million to convicted felon and former inmate Bradley Birkenfeld. It was a big headline and you likely saw the news… but it’s worth a deeper look. Because if there is one story that neatly summarizes what is wrong with the US these days, it is the case of Mr. Birkenfeld.

 


Tyler Durden's picture

Apple Presents iPhone 5, Market Unimpressed





To the complete shock of absolutely nobody,  Apple has unveiled the iPhone 4GS Botox Turbo 5

  • APPLE IPHONE 5 ADDS FIFTH ROW OF ICONS TO HOME SCREEN
  • APPLE IPHONE 5 WEIGHS 20 PERCENT LIGHTER THAN IPHONE 4S
  • APPLE IPHONE 5 HAS SAME WIDTH, TALLER SCREEN
  • APPLE SAYS NEW A6 CHIP IS 2X FASTER CPU, 2X FASTER GRAPHICS

All the market wants to know is if it will buy Spanish bonds, and if it is acceptable ECB collateral. Everyting else is now just part of the annual, soon to be semi, quarterly, and so on, facelift. AAPL shares sliding - after reaching up to yesterday's closing VWAP at $664 (now at yesterday's lows)

Finally, the most important question - when is the iPhone 6 (with the purchase funded by the iBank captive leasing arm) coming?

 


Tyler Durden's picture

Frontrunning: September 12





  • Germany Can Ratify ESM Fund With Conditions, Court Rules (Bloomberg)
  • Obama Discusses Iran Nuclear Threat With Netanyahu (Bloomberg)
  • Stocks, Euro Gain as Court Allows ESM; Irish Bonds Climb (Bloomberg)
  • U.S. cautions Japan, China over escalating islands row (Reuters)
  • Draghi alone cannot save the euro (FT)
  • 'New York Post' Runs Boldest Anti-Obama Ad Yet (Bloomberg)
  • Another urban legend: Fish Oil Pills Don’t Fix Heart Ills in 24-Year Data Review (Bloomberg)
  • Troika Says Portugal’s Program is ‘On Track’ (Bloomberg)
  • Russia Wants to Steer Clear of 'Gas War' (WSJ)
  • U.S. Said Set to Target First Non-Bank Firms for Scrutiny (Bloomberg)
  • Wen Says China’s Policy Strength Will Secure Growth Targets (Bloomberg)
  • UK faces clash with Brussels on City (FT)
 


Tyler Durden's picture

Frontrunning: September 11





  • Germany says U.S. debt levels "much too high" (Reuters)
  • Netanyahu ramps up Iran attack threat (Reuters)
  • Burberry plummets by most ever, slashes guidance, rattles Luxury-Goods Industry as Revenue Growth (Bloomberg)
  • FoxConn Again Faces Labor Issue on iPhones (NYT)
  • Southern whites troubled by Romney's wealth, religion (Reuters)
  • China's Xi not seen in public because of ailment (Reuters)
  • Another California muni default: Oakdale, Calif., Restructuring Debt, Planning Rate Raise After Default (Bond Buyer)
  • Spain's PM expects "reasonable" terms for any new aid (Reuters)
  • Bernanke Proves Like No Other Fed Chairman on Joblessness (Bloomberg) - Ineffective like no other?
  • John Lennon’s Island Goes on Sale as Irish Unpick Property Boom (Bloomberg)
 


Bruce Krasting's picture

D.C. Finalizing Plan for Assault on Metro NYC





It would be like Congress dropping stink bombs on Times Square.

 


Tyler Durden's picture

Poll Finds More Than Half Americans Take Out Loans To Buy iGadgets





Ahead of Wednesday's mega-launch of the all-singing, all-dancing, all-happy-ending-providing (rumor) iPhone 5, the stunning reality is that a recent poll (via CouponCodes4U) found that 81% of consumers admitted they could not keep up with the latest and greatest from Apple - and worse still that 51% used credit to buy one of the must-have iDevices. As The Street notes, the findings of the survey show "the crazy lengths people will go to be the first person to have the latest iPhone of iPad" and the pollster was "shocked and very surprised about how many Americans freely admit that they are willing to spend their way into debt by buying Apple gadgets that they simply cannot afford."

 


Tyler Durden's picture

Preview Of The Action-Packed Week Ahead And Overnight Recap





Suddenly the delicate balancing of variables is once again an art and not a science, ahead of a week packed with binary outcomes in which the market is already priced in for absolute perfection. Per DB: We have another blockbuster week ahead of us so let's jump straight into previewing it. One of the main highlights is the German Constitutional Court's ruling on the ESM and fiscal compact on Wednesday. On the same day we will also see the Dutch go to the polls for the Lower House elections. Thursday then sees a big FOMC meeting where the probabilities of QE3 will have increased after the weak payrolls last Friday. The G20 Finance Ministers and Central Bank Governors will meet on Thursday in Mexico before the ECOFIN/Eurogroup meeting in Cyprus rounds out the week on Friday. These are also several other meetings/events taking place outside of these main ones. In Greece, PM Samaras is set to meet with representatives of the troika today, before flying to Frankfurt for a meeting with Draghi on Tuesday. The EC will also present proposals on a single banking supervision mechanism for the Euro area on Tuesday. If these weren't enough to look forward to, Apple is expected to release details of its new iPhone on Wednesday. In summary, it will be a good week to test the theory that algos buy stocks on any flashing red headlines, no longer even pretending to care about the content. Think of the cash savings on the algo "reading" software: in a fumes-driven market in which even the HFTs no longer can make money frontrunning and subpennyiong order flow, they need it.

 


dottjt's picture

The Zero Hedge Daily Round Up #122 - 07/09/2012





Today's ZH articles in audio summary! "Brought to you by Sanity, a sub-division of Reality Inc." 8pm Everyday @ New York Time.

 


Tyler Durden's picture

Patents Wars 2: The Asian Empire Strikes Back - Are The Tables About To Turn On Apple?





Much has been said about Apple's recent victory over its key component supplier, Samsung, in a recent US court decision the direct result of which has been the halt of sales of several Samsung products which are already obsolete in cell phone year terms. The paradox here is that AAPL's victory is quite pyrrhic: if and when Samsung feels sufficiently threatened, it can just pull a Gazprom and halt the supply of mission critical components to the world's biggest publicly traded company. Alternatively the Chinese politburo can one day decide to pull FoxConn's operational license, in the process bankrupting AAPL overnight. But these are of course M.A.D. scenarios which in rational, non-centrally planned market would never take place, and so we have no reason to worry about them. That said, it is increasingly becoming clear that patent warfare fought in partial domestic judicial systems, will be the next form of protectionism as pertains to that most faddy of technology: the ubiqutous smartphone. And while Apple may have won the first battle, the outcome of the war is still very much unclear: in fact, the return salvo after Samsung's big defeat on US soil may come quite soon, this time courtesy of another Chinese Apple "clone", HTC Corp, which if it goes against the Cupertino company, could have a large impact on revenues.

 


Tyler Durden's picture

Frontrunning: September 7





  • Jobs Gauge Carries Election Clout (WSJ)
  • Draghi Lured by Fractious EU Leaders to Build Euro 2.0 (Blooomberg)
  • Rajoy stance sets stage for EU stand-off (FT)
  • China Approves Plan to Build New Roads to Boost Economy (Bloomberg)
  • Hollande faces questions on tax pledge (FT)
  • Putin Looks East for Growth as Debt-Ridden Europe Loses Sheen (Bloomberg)
  • Strike Grounds Half of Lufthansa's Flights (Spiegel)
  • The weakest will win in the euro battle (FT)
  • Hilsenrath: Fed Economic, Interest Rate Forecasts Will Include 2015 Outlook (WSJ) - because he just figured that out
  • Obama Presses Plan for U.S. Resurgence (WSJ)
  • Hong Kong to Restrict Sales of Homes at Two Sites to Locals (Bloomberg)
  • Drought Curbs Midwest Farm-Income Outlook, St. Louis Fed Says (Bloomberg)
 


Tyler Durden's picture

Guest Post: Drone Club





The first rule of Fight Club? You don’t talk about Fight Club.

Obama isn’t a member of Fight Club; he’s a member of Drone Club — which targets individuals in foreign lands, including American citizens and their families, for extrajudicial assassination by drone. And the first rule of Drone Club?

You don’t talk about it.

 


Tyler Durden's picture

Don Coxe Recommends Investors Read Lenin to Understand the Markets





China and India have always been crazy for gold, and the yellow metal remains the choice store of value in those two countries, says Don Coxe, a strategic advisor to the BMO Financial Group. In an exclusive interview with The Gold Report, Coxe explains how demographic shifts are affecting the price of gold and delves into the logic of investing in gold as a long-term strategy. Coxe also draws an important lesson in economics from his reading of Lenin.

 


Tyler Durden's picture

Frontrunning: September 6





  • Draghi Credibility At Stake As ECB Tries To Save The Euro (Bloomberg)
  • Clinton Returns to Back Obama (WSJ)
  • Taxi fares up 17% in New York City (Toronto Sun)
  • High Speed Scandal: Ferrari Incident Rocks China (Daily Beast)
  • China’s Richest Man Benefits From Thirst For Soft Drinks (Bloomberg)
  • China August export growth seen weak, imports slow (Reuters)
  • Death to PowerPoint! (BusinessWeek)
  • Sweden surprises with interest rate cut (WSJ)
  • IMF demands greater clarity on Irish austerity plans (Reuters)
  • At Abercrombie & Fitch, Sex No Longer Sells (Bloomberg)
  • And the best for last: California Treasurer Backs Law to Ban Costly Long-Term Bonds (Bloomberg) -> legislating low, low yields
 


Reggie Middleton's picture

Reggie Middleton On CNBC at 2:40pm Discussing The Success Of His Google Pick





Fundamentals rule the day at the MSM today...

 


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