News Corp

George Washington's picture

Will We Demand the Inexpensive Fix Which Will Prevent Armageddon … Or Focus On Over-Blown Dangers?





Public Service Annoucement:  The Most Likely Armageddon Threat … Preventable for a Small Amount of Money

 


Tyler Durden's picture

David Stockman: Why We Are Plagued With Drivel Masquerading As Financial Reporting





One of the evils of massive over-financialization is that it enables Wall Street to scalp vast “rents” from the Main Street economy. These zero sum extractions not only bloat the paper wealth of the 1% but also fund a parasitic bubble finance infrastructure that would largely not exist in a world of free market finance and honest money. The infrastructure of bubble finance can be likened to the illegal drug cartels. In that dystopic world, the immense revenue “surplus” from the 1000-fold elevation of drug prices owing to government enforced scarcity finances a giant but uneconomic apparatus of sourcing, transportation, wholesaling, distribution, corruption, coercion, murder and mayhem that would not even exist in a free market. The latter would only need LTL trucking lines and $900 vending machines. In this context, the sprawling empire known as Bloomberg LP is the Juarez Cartel of bubble finance.

 


Tyler Durden's picture

Frontrunning: March 27





  • BOE to Sign Agreement With China on Yuan Clearing Next Week (BBG)
  • U.S. law firm plans to bring suit against Boeing, Malaysia Airlines (Reuters)
  • Citigroup Fraud Stings Mexico Star as Medina-Mora Chased (BBG)
  • Fraternity Chief Feared for Son as Hazings Spurred JPMorgan Snub (BBG)
  • UBS suspends six more forex traders (FT)
  • Goodbye CSCO Q1 EPS: China to strengthen Internet security after U.S. spying report (Reuters)
  • Good luck: Spain Banks With $55 Billion of Property Seek Deals (BBG)
  • Citic Pacific Said to Plan About $4 Billion Public Offering (BBG)
  • Yahoo Japan to buy eAccess from SoftBank for $3.2 billion (Reuters)
  • "Whatever it takes" to talk down the Euro: Euro, peripheral bond yields fall on ECB easing debate (Reuters)
 


Tyler Durden's picture

Overnight Futures Track USDJPY Tick For Tick, As Usual





This was one of the all too real Bloomberg headlines posted overnight: "Asian Shares Rally as U.S. Manufacturing Data Beats Estimates." Odd: are they refering to the crashing Philly Fed, or the just as crashing Empire Fed data? Wait, it was the C-grade MarkIt PMI that nobody ever looks at, except to confirm that where everyone else sees snow, the PMI saw sunshine and growth. Remember: if the data is weak, it's the snow; if it's strong, it's the recovery. Odder still: one would think Asian shares care about manufacturing data of, say, China. Which happens to be in Asia, and which two nights ago crashed to the lowest in months. Or maybe that only impact the SHCOMP which dropped 1.2% while all other regional markets simply do what the US and Japan do - follow the USDJPY, which at one point overnight rose as high as 102.600, and brought futures to within inches of their all time closing high. Sadly, it is this that passes for "fundamental" analysis in this broken market new normal...

 


Tyler Durden's picture

Frontrunning: February 18





  • Carl Icahn wins again: Actavis to Buy Forest Labs for $25 Billion (WSJ)
  • ECB governing council member attacks German court ruling on OMT (FT)
  • China Tackles $1 Trillion Data Gap as Xi Changes Metrics (BBG)
  • FX Traders Facing Extinction as Computers Replace Humans (BBG)
  • BOJ Boost to Loan Programs Signals Room for More Easing (BBG) - actually no it doesn't as it was "factored in"
  • Four killed in Thai clashes; PM to face charges over rice scheme (Reuters)
  • Goodbye unsterilized SMP: Bundesbank Backs Measure to Boost Funds in Banking System  (WSJ)
  • Iranian Hacking to Test NSA Nominee Michael Rogers (WSJ)
  • Ukraine Clashes Leave Dozens Wounded as Putin Resumes Bailout (BBG)
 


Tyler Durden's picture

Frontrunning: February 7





  • Here is why AAPL bounced off $500: Apple Repurchases $14 Billion of Own Shares in Two Weeks (WSJ)
  • German Court Refers OMT Decision to Europe's Top Court (WSJ)
  • Inflation Fuels Crises in Two Latin Nations (WSJ)
  • U.S. job growth seen snapping back from winter chill (Reuters)
  • Google to own $750 million Lenovo stake after Motorola deal closes: HK exchange (Reuters)
  • Frigid Winter Spells Trouble for U.S. Economy (BBG)
  • Winter Games to open, Putin keen to prove doubters wrong (Reuters)
  • Regulators Ready to Proceed on Bank Leverage Limit (WSJ)
  • Abe Eyes Window for Biggest Military-Rule Change Since WWII (BBG)
 


Tyler Durden's picture

Frontrunning: January 22





  • Winter Storm Expected to Make Northeast Commutes Harder  (BBG)
  •  Invasion of Spanish Builders Angers France Struggling to Compete  (BBG)
  • Toronto mayor, caught ranting on video, admits drinking a 'little bit" (Reuters)
  • IBM's Hardware Woes Accelerate in Fourth Quarter (WSJ)
  • Sharp Divisions Come to Fore as Peace Talks on Syria Begin (NYT)
  • Afghanistan cracks down on advertising in favor of U.S. troops (Reuters)
  • Microsoft CEO Search Rattles Boards From Ford to Ericsson (BBG)
  • Banks Sit Out Riskier Deals (WSJ)
  • Netflix Seen Reporting U.S. Web Users Reach 33.1 Million (BBG)
 


Tyler Durden's picture

Frontrunning: December 3





  • With website improved, Obama to pitch health plan (Reuters)
  • Joe Biden condemns China over air defence zone (FT)
  • Tally of U.S. Banks Sinks to Record Low (WSJ)
  • Black Friday Weekend Spending Drop Pressures U.S. Stores (BBG)
  • Cyber Monday Sales Hit Record as Amazon to EBay Win Shoppers (BBG)
  • Ukraine's Pivot to Moscow Leaves West Out in the Cold (WSJ)
  • Investment banks set to cut pay again despite rise in profits (FT)
  • Worst Raw-Material Slump Since ’08 Seen Deepening (BBG)
  • Democrats Face Battles in South to Hold the Senate (WSJ)
  • Hong Kong reports 1st case of H7N9 bird flu (AP)
  • In Fracking, Sand Is the New Gold (WSJ)
 


Tyler Durden's picture

Frontrunning: November 12





  • China Pledges Greater Role for Market in Economy (WSJ), China vows 'decisive' role for markets, results by 2020 (Reuters)
  • China expected to cut growth target to 7% (FT)
  • World Trade Center Tower Debuts in Manhattan Leasing Test (BBG)
  • Job Gap Widens in Uneven Recovery (WSJ)
  • Khamenei’s conglomerate thrived as sanctions squeezed Iran (Reuters)
  • Swiss referendum on wages of high earners stirs debate (FT)
  • Obama to Nominate Massad to Head CFTC (WSJ)
  • Japan readies additional $30 billion for Fukushima clean-up (Reuters)
  • Target Fills Its Cart With Amazon Ideas (WSJ)
  • Shadow banks reap Fed rate reward (FT)
 


Tyler Durden's picture

Frontrunning: September 11





  • Obama Holds Fire on Syria, Waits on Russia Plan (WSJ)
  • China Shadow Banking Returns as Growth Rebound Adds Risk (Reuters)
  • Not one but two: Greece May Need Two More Aid Packages Says ECB’s Coene (WSJ)
  • BoJ insider warns of need for wage rises (FT) ... as we have been warning since November, and as has not been happening
  • California city backs plan to seize negative equity mortgages (Reuters)
  • Home Depot Is Accused of Shaking Down Suspected Shoplifters (BBG)
  • Most-Connected Man at Deutsche Bank Favors Lightest Touch (BBG)
  • Norway Pledges to Limit Oil Spending (BBG)
  • China Shadow Banking Returns as Growth Rebound Adds Risk (BBG)
  • Gundlach Says Fed Is Mistaken in How It's Ending Easing (BBG)
 


Tyler Durden's picture

Frontrunning: September 4





  • Yes: Support Builds in Congress for U.S. Strike Against Syria (WSJ)
  • No: Boehner backs Obama on Syria, but House leaning toward ‘no’ (The Hill)
  • U.S. Congress fight over Syria pits establishment versus upstarts (Reuters)
  • Wednesday humor: Japan’s Abe Says Fukushima Will Be Resolved Before 2020 Olympics (BBG)
  • Bank of Japan to Consider Further Easing if Sales Tax Hike Goes Ahead (Reuters)
  • S&P accuses U.S. Justice Department of filing $5 billion lawsuit against it in "retaliation" for the company's downgrade of America's debt in 2011 (WSJ)
  • German Candidates Spar Over Records (WSJ)
  • Emerging Nations Save $2.9 Trillion Reserves in Rout (BBG)
  • Split Congress Mulls Denial of Military Force Request (BBG)
  • Sharp Fall in Overseas Investment By Chinese Firms (WSJ)
  • Jorge Lemann: He Is...the World's Most Interesting Billionaire (BusinessWeek)
  • Why Amazon Is on a Warehouse Building Spree (BW)
 


Tyler Durden's picture

Guest Post: Who Are The Real Traitors?





Over the course of decades we have allowed ourselves to be corrupted by the love of material possessions, the lure of a debt based faux wealth, the money for nothing entitlement promises of dishonorable politicians, the evil of currency debasement, the effectiveness of mass media propaganda, and the belief that we could sacrifice freedom and liberty for promises of safety and security made by a cabal of powerful rich men. Power has been concentrated into the hands of the few, who operate in secrecy and despise the people. They don’t want transparency or open debate. Freedom of speech is nothing but a thorn in their side. They believe they are smarter than the serfs and have no morality when it comes to committing illegal acts and disregarding the Constitution. They are not acting in the public interest. Their abuse of power and looting of the national wealth have put us on a path towards a bloody revolution. This is not a time for conformity, obedience or submission. It’s time to stand up and expose the evil doers. It’s time to rally around those who care about this country. Who are the real traitors? You know the answer.

 


Tyler Durden's picture

Frontrunning: June 19





  • China cash crunch deepens as PBOC withholds funding (FT), just a week behind ZH
  • Platts in hot manipulated crude again: Traders Try to Game Platts Oil-Price Benchmarks (WSJ)
  • Kabul Suspends Security Talks With U.S., jeopardizing plans to maintain a U.S. military presence (WSJ)
  • Afghan government irked over U.S. talks with Taliban (Reuters)
  • BOJ Kuroda: BOJ to Adjust Policy If Japan Econ Changes (MNI)
  • Google Considering Private-Equity Alliances (BBG)
  • Korean Air Buying 747-8s to End Boeing’s Sales Drought (BBG)
  • Syria's Islamists seize control as moderates dither (Reuters)
  • SEC considers policy shift on admissions of wrongdoing (FT)
  • U.K. Banker Bonuses Face Decade Delays in Industry Overhaul (BBG)
 


Tyler Durden's picture

Frontrunning: May 28





  • ‘Cov-lite’ loans soar in dash for yield (FT)
  • Cambodian police clash with thousands of garment workers, 23 hurt (Reuters)
  • Obama Accepting Sequestration as Deficit Shrinks (BBG)
  • Having done nothing to restore confidence in a fragmented market, the SEC turns back to main street fraud (WSJ)
  • Europe's austerity-to-growth shift largely semantic (Reuters)
  • Germany thwarts EU in China solar fight (FT)
  • In EU-China dispute, Beijing warns of trade  (FT)
  • U.S. Oil Boom Divides OPEC (WSJ)
  • Record Cash Sent to Balanced Funds (BBG)
  • Hilsenrath: Fed Wrestles With Market Expectations About Pace of QE (WSJ)
  • Worse-Than-Cyprus Debt Load Means Caribbean Defaults to Moody’s (BBG)
  • States Raise College Budgets After Years of Deep Cuts (WSJ)
  • U.K. Banks Cut 189,000 With Employment at Nine-Year Low (BBG)
 


Tyler Durden's picture

Frontrunning: May 24





  • The deeper agenda behind "Abenomics" (Reuters)
  • BoJ governor Haruhiko Kuroda promises to stabilise bond market (FT)
  • Obama Sees Sunset on Sept. 11 War Powers in Drone Limits (BBG)
  • Lower CPMs for everyone: FTC Begins Probe of Google's Display-Ad Business (WSJ)
  • Apple’s Tax Magic Leaves Irish Bondholders Unmoved (BBG)
  • Asia Goes on a Debt Binge as Much of World Sobers Up (WSJ)
  • All hail Gazpromia: UK gas supply six hours from running out in March (FT)
  • Spain’s banks face €10bn more provisions (FT) ... and then more, and more, and more
  • Truck strike may have caused Washington state bridge collapse, officials says (Reuters)
  • P&G Says A.G. Lafley Rejoins as Chairman, CEO (BBG)
  • Five Key Things About the SAC Insider Case (BBG)
 


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